On our last weeks Editorial Staff Meeting we discused our future on Hive. We came up with creating a "support token", which we had in our pipeline for some time. The idea of HIQS sprouted and here they are: HIQS by Team HiQuarters 2.0.
What are HIQS?
HIQS stands for HiQ Shares. The token was founded by Team HiQuarters 2.0 and is primarily used to support HiQ - The Hivestyle Magazine. HiQ - The Hivestyle Magazine is a satirical infotainment magazine, which journalistically investigates Hive and the projects on Hive. We are for the community and at the same time from the community.
Hivians can buy HIQS from us on the Hive Engine Market. The HIQS are intended to give users two main options:
- Hodlers of HIQS will be highlighted in a leaderboard in the monthly HiQ, allowing them to compete for pole positions with their stake. We are also planning even more features for our hodlers.
- We are setting up a BEE:HIQS Diesel Pool - with BEE as a reward. We are also planning on adding more rewards and reward tokens in the future.
Tokenomics
Max. Supply: 24 000 000 HIQS
Supply: 1 200 000 HIQS
Our tokenomics are scaled for one year. We plan to circulate 5 000 HIQS per month with 4 000 HIQS already placed on the market to cover costs that arise in the short term.
We will make 3 900 HIQS available on the Hive Engine market. There will be 4 paywalls: The first and cheapest paywall will be put on the market every month when the HiQ issue is published.
| amt. HIQS | Price/HIQS | |
|---|---|---|
| 1st Paywall | 900 | 0.3 SWAP.HIVE |
| 2nd Paywall | 1 000 | 0.35 SWAP.HIVE |
| 3rd Paywall | 1 000 | 0.4 SWAP.HIVE |
| 4th Paywall | 1 000 | 0.45 SWAP.HIVE |
100 HIQS are for raffles or giveaways. 1 000 HIQS will be distributed to the editors.
This brings us to an annual issuance of 60 000 tokens.
We reserve the right to make changes. However, it is planned to keep this plan for one year if possible.
Proposal
In addition to the token distribution, we will launch the BEE:HIQS Diesel Pool. To fund this, we will simultaneously initiate a Tribaldex BEE:BEE Proposal for the amount of 275 BEE daily.
We will use 10% of the revenue to fund our project. This includes BEE power for curation, server costs for our Hive Engine bot, token and pool funding, as well as editorial work.
90% will be used to fund the token rewards of the HIQS:BEE Diesel Pool.
Airdrop
We will airdrop 60 000 HIQS. Current and past team members will receive an airdrop for their work and dedication within the project. Our subscribers will also receive an airdrop for their loyality.
Stay tuned for future updates on @hiq.redaktion and @hiq.magazine.
