Presale is Live!

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This post is not financial advice

Just a quick announcement that the pre sale is officially live.

Hive-engine link

PIXYDUST tokens are for sale at 0.475 swap.hive each. The presale is the only time the tokens will be sold at this price from this account. After the pre sale, the price will be slightly higher and tokens will be a bit more scarce.

There is no limit to the pre sale but tokens will be sold in batches.

Since all tokens are permanently backed before mint, I am starting by selling 2000 tokens. Once those sell more will be minted and sold. If you do not see any tokens for sale between now and April 15th you can place a buy order for 0.475 or send me message on discord or a comment and I will put more up for sale.

I also minted 51 additional tokens. 50 for the tip bot and 1 for this account to start the LP. Of course those tokens are backed.

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As mentioned in previous posts, I pre funded this account. I said I would do a snap shot of the tokens and eventually the value I funded this account with (a the the .475 rate per token) will be minted and paid back to me. These tokens will be split at my discretion amongst my personal account @cryptounicorn420 as well as @uni-coin, @glittertoken @tribefairy .

I am going to post the tokens this account and the bot @pixybot are currently holding. Tokens will not be minted until after the pre sale. The above accounts will likely be buying tokens off the market during the sale in addition to this. HSBIDAO in this context are equal to PIXYDUST. I also am not counting every token I put in even though those do count toward backing the tokens.

Please also note some of these numbers may change before this post goes live(this snapshot was done on March 14). For example I may buy more HSBIDAO or other tokens with the swap.hive on this account. The value will remain the same but the tokens may be a little different.

Numbers are rounded.

HP: 1139 = 2397 PIXYDUST equivalent

HSBIDAO this account: 667
HSBIDAO @pixybot : 226

I also have a buy order of 350 HSBIDAO

BEE: 1102 (@ .62 swap.hive) hive equivalent =683 /.475=
1437 PIXYDUST

swap.hive: 528 = 1111 PIXYDUST
Total PIXYDUST owed = 6188

Not all the tokens will be minted immediately after the pre sale. They will be minted slowly over several months. This especially applies to the BEE holdings since that BEE will be used for the LP creation and activating LP rewards. That BEE is not staying in the account to back the tokens, but is still a debt owed.

After the pre sale I will look at the numbers again, mostly the HSBIDAO and HP numbers. I will decide then how quickly the tokens owed are minted and distributed.

Not all tokens will be a new mint, some will come from buybacks after the pre sale and the tip bit launches instead of new minting.

I don't expect to pay myself back fully for at least 6 months, possibly longer. I'm in no rush and I will go slow if that's what's best for this program. I'm just being transparent so that if you see me sending my other accounts tokens in the future you know those tokens were already paid for.

I will update you soon as to the launch of the tip bot and the LP. I will do my best to launch them on the same day. However it may end up that the LP launches a little earlier. We shall see.

Remember our tip bot works differently. It is based on HP delegated to this account ( increments of 25 = 1 bot call per day) and not based on tokens held or staked. litepaper

The goal is to launch the LP and bot the first week of April. I will of course update more as that date gets closer.

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This account is delegating to EDS. It will receive weekly EDSI tokens as well as HIVE rewards. I may sell the EDSI tokens if/when that makes sense for this account but for now I will just let them accumulate.

I may also by/sell HSBIDAO to take advantage of arbitrage and demand.