Pre Sale Begins March 15th and Litepaper

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This post is not financial advice

The pre sale for PIXYDUST is scheduled to begin on March 15th and will run for a month. The price for the token is 0.475 which is the base buyback price of HSBIDAO. It makes the most sense to get the two tokens as close to price as possible. After the pre sale tokens will still be available to purchase but the price will be slightly higher and availability somewhat limited depending on demand and other factors.

Here is a quick rundown of what PIXYDUST is for those who may not know.

Similar to UNICOIN it is a sustainable tipping token. What do I mean by that?

For starters all tokens are backed by HIVE or Hive-engine assets before mint (and remain backed). The tip bot itself is also different from most out there.

Instead of needing to hold or stake tokens, to use the tip bot folks need to delegate HP in increments of 25 tp the @pixydust account. Each increment of 25 gives the user 1 bot call per day. This helps keep the token sustainable because the tokens will be backed by curation earnings (and post earnings. other LPs etc), and not reliant on sales. This solves one of the biggest problems with tipping tokens losing their value.

This account will follow both the @tribefairy curation trail as well as @bradleyarrow 's BBH trail.

It also allows users to eliminate , or reduce the risk of buying tokens (there will be permanent buybacks at original sale price as well). They can simply delegate HP and use the bot

Each bot call will give :
The sender .003 PIXYDUST and .003 HSBIDAO.

The receiver will receive .002 PIXYDUST and .002 HSBIDAO.

The tips do slightly favor the sender.

Shortly after the pre sale the bot will launch and the HSBIDAO/PIXYDUST LP will be created. The target goal of average APR in the pool is 15-40%. I've already proven this model with the UNICOIN LP.

Folks in the LP will also receive divs from HSBI tokens as if they were just holding them in their wallet. This is obviously in addition to the LP rewards.

I don't have an exact date of the launch of the bot and LP due to me having surgery soon (well maybe),but the target date is the first week of April. The tip bot and LP will launch on the same day. I of course will update folks as that date gets closer. It could be a little later than that date. We shall see.

Please keep in mind it will take a few weeks, maybe a month or longer to get the LP stable in terms of the tokens as well as loading in the rewards. That will be done over time like it was with UNICOIN.

There will be a 1% bonus per day in the LP for the 100 days. So getting in early even a small amount may be beneficial even if all the rewards aren't loaded yet.

The tip bot is designed to allow both sender and receiver the ability to put their tokens in the LP immediately or of course folks can sell them. After the pre sale there will be buybacks at 0.475 similar to what HSBIDAO has set up for folks who simply want to sell their tokens.

That choice is yours.

This is the basics. I do plan to do more in depth posts in the next coming weeks. This is sort of the litepaper.

There is no pre mint nor will I be paying myself or my husband tokens, however I have funded this account with HP and other HE assets and that will be paid in tokens after the pre-sale. Some of these tokens will go to my personal account and some will be shared amongst @uni-coin @tribefairy and @glittertoken . Before the pre sale I will take a screenshot of the assets on this account and will mint tokens based on the original sale price of the token as if I were just participating in the pre sale.

I may take a few months before I mint them all. I will post a grand total of the tokens "owed" to myself before the sale as well for transparency. At the time of this post I am still loading assets into this account.

I am not a fan of pre minting tokens or paying myself or my husband tokens. I know a lot of projects feel differently and that's ok. For me pre minting for profit to token owners is a bit of a yellow flag, but not a deal breaker. I figure if the system is not profitable for me to use it as a regular person, there's something wrong with the tokenomics. If I'm not willing to put funds into in my own project how can I expect others to?

If you have any questions please comment below.