Yesterday, I created a lengthy post detailing a hypothetical example for instantiating $HBD Bonds in a way that would foster stability and sustainability in terms of attracting external capital to Hive.
Some Hivers commented about it being "way too complicated" and the need for "a dumbed down version."
Then, I noticed the little "Ai" button in PeakD and decided to try it out.
I clicked on "Creative Prompts" and then "Children's Story Version".
Below is the Children's Story Version of the original post, created by the PeakD AI button.
I decided to post it here for your amusement (and to highlight this new AI tool that I have not used until today).
The Children's Story Version is lighthearted and gleefully lacks the complexity many Hivers found uncomfortable. And, it concludes with a moral that hopefully we can all embrace:
The moral of the story is that by thinking outside the box and working together, we can achieve our goals and make our community stronger.
Enjoy!
Children's Story Version
Once upon a time in a magical land called Hive, there was a group of busy bees who wanted to make their community stronger. They gathered together to discuss a special idea called $HBD Bonds. These bonds were like special treasures that would bring more money into the Hive ecosystem.
One of the bees, named Taskmaster, said that the purpose of these bonds was to draw in capital. That means they wanted to bring in lots of money to help Hive grow. But another bee, named TrostParadox, had a different idea. He said instead of focusing on the interest rates of the bonds, they should think about how much money they wanted to bring in.
TrostParadox explained his idea to the other bees. He said they could have a special vote to decide how much money they wanted to bring in and how long they wanted to keep it. This way, they could focus on the end result instead of just the interest rates.
The bees loved this idea and started working on a plan. They decided to create special NFTs called Layer 1 $HBD Bonds. These NFTs would be like magical tokens that represented the bonds. They would also need an algorithm to help them decide how many bonds to offer each month.
Every month, the bees would vote on how much money they wanted to bring in and the maximum interest rate they were willing to offer. Then, on the first day of each month, the algorithm would check the votes and create the $HBD Bond offerings for that month.
On the seventh day of each month, the bees would have an auction to sell the bonds. Bees could bid on the bonds with a specific amount of money and an interest rate. They would also need to give a small deposit to show they were serious.
At the end of the bidding period, the algorithm would return the deposits to the bees who didn't win. The winners would be notified and given their bonds. They would also need to pay the remaining balance for their bonds.
This process would continue each month, with new bonds being offered and sold. The bees would always know how much money they wanted to bring in and could adjust their votes accordingly.
The bees were excited about this new plan. They knew it would help Hive grow and become even more magical. With their new $HBD Bonds, they could bring in lots of money and make their community stronger than ever before.
And so, the bees worked together to implement their plan and create a thriving ecosystem for all the creatures of Hive. They learned that by focusing on their end goals and working together, they could achieve great things.
The moral of the story is that by thinking outside the box and working together, we can achieve our goals and make our community stronger.
Wow the children's story version is fantasic!! I didn't know this feature even existed. I see the AI icon at the top my screen but I haven't actually had the time to go through it.
Thanks for sharing.
😂 Finally something that I can almost understand! 😀
This is interesting. I'll check that out.
How about the VYB project?
Although I have by no means given up on the VYB project, it is secondary (at the moment) to my focus on the advancement of Hive.