About the PGM Token: How can we make it better

in 1UP3 years ago


Source

If you don't know about PGM aka Play Gamer Token, maybe you did came across the #pgm tag that I and many members in the gaming community has been using.

I've been with the PGM token since its early days and it's my pleasure, as a member of PGM community, to take part of this contest.

Chaos Legion Packs to the top 3 winners.@zottone444 is highly rewarding the supporters of PGM and taking an extra step on this contest by offering

The prizes up for grabs are:

2 Chaos Packs from @splinterlands 1 NFT of the game @farmingtales on the blokchain of WAX

Token Delegation

By using the PGM tag, you are eligible to get boosted with the !PGMBOOST command for up to 5 PGM, that's how the PGM author reward is manually done by zottone and other admins like @hollowknightgod.


Since the focus in on gaming, delegation will be open for:So Maybe creating a new account or the @zottonetoken account open for delegation:

  • Hive Power
  • ONEUP
  • SPT
  • maybe LEO if there is a demand for it.
  • Hopefully PGM in the future.

The delegation payout can be paid in PGM token that can be bought from the market throught the curation rewards or paying regular rewards like it's done with many delegation service.
Probably offering a decent APR to attract delegators to get into it.

Silver First Quest8.png

Passive Income

This is a tricky part, many investors loves to get into a project that provides passive incomes.

We can take 1UP-CARTEL as an example being a mix of gaming "guild" Token and Dividend Token that is successfully selling during its current presale. Well, the founder including Flauwy are well know to the community and are trusted by the investors so that plays a part too.

Investing in a couple of games like Dcity/APE Mining Club,
or Splinterlands but it requires a thousands of dollars in budget to generate decent incomes.

Liquidity Pools

Adding a Pair that includes PGM requires a huge sum of BEE token:


pgggm.PNG
1000 BEE is what it takes to create a PGM/SWAP.HIVE pool.

By creating such pool you'll attract many investors especially if you're offering a decent APR at around 100%-200% as well as the current PGM community members.

It's true that there is a risk of impermanent loss, but it'll benefit maintaining PGM price more stable if enough liquidity is provided.

Another way around is to include PGM as a reward in the current existing Pools like it's done with LVL and WINE since it'll serve as a way marketing to PGM: Investors in the diesel pools will notice how PGM token did pop up out of nowhere and it gets them curious to know more about the Token/project (that's what happened with me regarding WINE).

I do hope that I could help a little with those ideas, probably easier to suggest but pretty tough to execute and I wish all the best and success to PGM token!

Before ending, here is a quote from flauwy in #CARTEL ANN:

we will hold some PIZZA and PGM, which are both some pretty cool gamified rewarding tokens with their own communities on HIVE.

Maybe we can see a future collaboration between CARTEL et PGM some day!

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Those are all great ideas, and it's fascinating to be part of this little story.

Let's see what the future reserve for us all.

!PGM
!LOL

I'm waiting for your post!

Hahaha, soon bro. Out of time in the end of the year.

=D

AHAH, I can't wait to read it!

Sent 0.1 PGM tokens to @cantfoldaces

remaining commands 1

Buy and stake 10 PGM token to send 0.1 PGM per day,
100 PGM token to send 0.1 PGM three times per day
500 to send and receive 0.1 PGM five times per day
1000 to send and receive 0.1 PGM ten times per day

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To err is human.
To arrrgh is pirate.

$LOLZ
Use the !LOL or !LOLZ command to share a joke and an $LOLZ. (2/4)@cantfoldaces, I sent you an on behalf of @hollowknightgod

First thank you very much you made a beautiful place. I must tell you that the most interesting idea is the fact of creating a buying pool and the fact of having a proxy account to earn PGM. As for the pool currently it cannot be in our plans, we need 5000 BEE to start the #pgm project and therefore also earn with the PGM tag and voting for posts with the PGM tag, as regards the care account we were already thinking about it but in a slightly different way, we would like to make it a care account that will take care of all the posts of the community, which we will create by PGM so as to support the community and return to those who have delegated 90% of their earnings in HIVE liquids. However, being able to delegate other second-level tokens can also be useful and should be taken into consideration. Now we are throwing down several ideas and yours and @mchero's are the most inviting.

!PGM !PGMBOOST5

Sent 0.1 PGM tokens to @zottone444, @cantfoldaces

remaining commands 6

Buy and stake 10 PGM token to send 0.1 PGM per day,
100 PGM token to send 0.1 PGM three times per day
500 to send and receive 0.1 PGM five times per day
1000 to send and receive 0.1 PGM ten times per day

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Discord image.png

Hi, your post has received PGM token, thank @zottone444 who has enhanced your post

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To buy the PGM token click here

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I'm really glad I could provide some helpful ideas! Starting the #pgm project with 5000 BEE should be you're first priority and once it gets enough popularity and liquidity around the market, it'll be possible to move out with other plans. @mchero proposal is indeed really interesting and can open up a decent income stream for PGM.

Yes, that is the most important goal for the moment!

@tipu curate

Thanks a lot for the Tip :D

;) !PGM

Sent 0.1 PGM tokens to @zottone444, @cantfoldaces

remaining commands 3

Buy and stake 10 PGM token to send 0.1 PGM per day,
100 PGM token to send 0.1 PGM three times per day
500 to send and receive 0.1 PGM five times per day
1000 to send and receive 0.1 PGM ten times per day

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Discord image.png

1UP-devider-comment.pngYou've got 1UP'ed!www.1up.zone. Join us on Discord. !PGM 🎮 !PIZZA 🍕 Thanks for using 1UP and its #oneup tag, your NFT and PlayToEarn blockchain gaming community on

Sent 0.1 PGM tokens to @cantfoldaces

remaining commands 0

Buy and stake 10 PGM token to send 0.1 PGM per day,
100 PGM token to send 0.1 PGM three times per day
500 to send and receive 0.1 PGM five times per day
1000 to send and receive 0.1 PGM ten times per day

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Discord image.png

A good idea, simply at high cost. If zottone owns 5000 BEEs it can be implemented without working too much

!PGM

Sent 0.1 PGM tokens to @zottone444, @mchero

remaining commands 5

Buy and stake 10 PGM token to send 0.1 PGM per day,
100 PGM token to send 0.1 PGM three times per day
500 to send and receive 0.1 PGM five times per day
1000 to send and receive 0.1 PGM ten times per day

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Discord image.png

If the funding issue is solved, we can have a lot of great stuff done!

Those are all amazing suggestions. I am pretty new to Hive and am still learning the ropes.
This is my first time hearing about PGM. Would there be an advantage to a second token like a PGM miner or a PGM Pegged token?

Thanks a lot for your opinion Chris! Hive is so Huge that we always are discovering some new things!

PGM miner or a PGM Pegged token?

Seems like a good suggestion, maybe zottone444 can give us his opinion :D

PIZZA!

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