Info About Compensating Steemit's TLNT Purchases - The Talent Club

in The Talent Club3 years ago (edited)

   As we've explained before to different users that asked us, this Hive's TLNT token shares nothing with Steemit's TLNT token, except its name. We tried to explain to Steemit's TLNT tribe token holders, that we didn't do a token migration because this new token has a totally different system implemented than Steemit's token.

   To be more precise and make clear some of the differences, we want to highligt them here, once again:

Steemit's TLNT tribe token

  • No club's curation rewards attached for holding the token.
  • Airdropped to some users for free.
  • Earned for free if the club upvoted on your posts, due to club's token staking.
  • Earned for free through time, due to staking rewards that contract automatically issues.
  • You could also buy it on the market.

Hive's TLNT token

  • Club's curation rewards attached for holding the token.
  • No airdropped to anyone.
  • No earned for free if the club upvotes on your posts, because the club has no staking of it.
  • No earned for free through time, because the staking contract is not activated.
  • You can only get this token by buying it on the market, mostly to the club, and not by any other means.

   Also to note that Steemit's token had 5B of Max. Supply and Hive's token has 100M of Max. Supply, and sale prices set were different.

   Our main reason to, at first, don't think about compensating any token to Steemit's TLNT token holders was that most of the part of their balances are earned for free, even today, due to contract keeps actually issuing more tokens for free to holders with staked balances.

   But after thinking about it deeper we got to the conclusion that maybe some of these holders had purchased directly to the club some part of their token balances, at sometime years ago, when the club still had tokens for sale on the market.

   And we reached a consensus where the club is taking into account that, although some users bought a different token, whatever it was, they invested in some way in an old stage of the club.

   This is our vision regarding this matter and we're willing to compensate, somehow, those users that trusted on us once.

   Obviously, the differences between the tokens are abysmal and the new token carries benefits that few tokens on the Hive blockchain (if there are any that grant them) ensure, with the exception of ours.

   This is why, obviously, the ratio of conversion is not going to be 1:1 and, moreover, receiving them will be attached to meeting some requirements to get the Hive's token.

Requirements

  • Send us a proof of your Steemit's token purchase; a screenshot in the comments it's ok.
  • We're only taking into account user's accounts with balances equal or higher than 70,000 Steemit's TLNT token.

   As we said previously, a large part of the balances from the majority of holders, have been earned for free so we are only going to offset the balances actually bought from the club in the market.

   Here some examples, in a pair of images, of what we're looking for:

   In the first image we have highlighted a direct transfer from the club to a user who bought directly from the club (without going through the market) by sending STEEM to its account and receiving the tokens in her account along with a memo that says: "Token Purchase".

   In the second image we have a purchase of tokens from a particular user to another who sells them. We are looking for the same type of transaction but for the sale to be made by the club, as we highlight in the box.

   The price that we have taken into account to establish a conversion ratio has been the initial sale price of Steemit's token and the actual price of the Hive's token, wich is stable during this year :

   This means that, you could have bought 10,000 TLNT with 1 STEEM ($0.15 on September, 2019, launching date), against buying now 38 TLNT with 0.375 HIVE ($0.15 on May, 2021).

   That would make a 1:0.0038 ratio if it were a same kind of token with just different prices set. But it's not the case.

   As we consider that our new Hive's token is far more valuable than Steemit's, not only in price but in concept, rewards attached in monthly liquid $HIVE payments from club's curation rewards and possible future revaluation of the token, we're setting a final ratio of 1:0.0010

   Note 1: We're only taking into account balances greater than 70,000 Steemit's TLNT token because that represented, in those years, a purchase of 7 STEEM or, speaking in dollars, $1.05 purchase.

   Note 2: If you bought the tokens from us, at a higher price than the specified in this post, for whatever reason, we will recalculate the conversion for your specific case.

   Note 3: We will only compensate the amount of tokens in which you can show that you bought that amount to us exclusively, regardless of your current total balance.


   We're going to mention, following the Steemit's TLNT Richlist info, those users who we think they might meet the requirements (at least speaking in terms of total balance), but that they will have to show us their proof of purchases, one way or another:

@barski, @edkarnie, @cloudblade, @mary.janikowski, @roninrelax, @veltor, @madeinsteemit, @honusurf, @havok777, @steem-holder, @coininstant, @zainalbakri, @indosports, @nane, @naha, @heidi.art, @mjroja, @samic, @axeman, @cabinet24, @donatello, @pixelfan, @surpassinggoogle, @marc-allaria, @firealiean, @sam99, @levi-miron, @dianargenti, @kirstin, @barmbo, @dancers, @cocukgelisimi, @tiv, @helmibireuen, @treodecimo, @marpa, @musannahatta, @emeeseese, @razack-pulo, @davidesimoncini, @mobi72.tlnt, @rezoanulv.tlnt, @morjerbera, @sinlg, @ekushya, @ghosthirdy, @sayago, @sports1, @nurhayati11, @rajib2k5, @quotes-haven, @votebetting, @mateen1, @pablo1601, @dsc-r2cornell, @naha.tlnt, @omp, @qwerrie, @dresden, @hendrisg, @conectionbot, @antoniarhuiz, @rs-farhan, @biti, @tatdt, @bonp, @luwak, @rus-talent, @hattaarshavin, @bert0, @luminaryhmo, @wiriwiri.talent, @josferod2, @jlufer, @tokenplay, @anroja.sports, @kgakakillerg, @anwars, @neiraurdaneta, @cryptoandcoffee, @phillarecette, @johannpiber, @inka8, @bestwhale, @juvyjabian, @ylich, @phototalent, @serlanvet, @assus, @hersi007.

   Note 4: If you don't appear in this list possibly due to you having your entire balance on a sell order in the market, please cancel the order and let us know to recheck your case.

   Note 5: Those user with "0" balance because they already sold, at anytime during these years, their Steemit's token, won't be taken into account for this compensation.

   Note 6: There won't be no other case, no other way, to compensate the Steemit's tribe token, different from those listed in this article.

   Note 7: We won't close the window period to be able to show us the proof of purchase and carry out the compensation, during this entire 2021 year, so there's no hurry for you to reach the data.

   Note 8: In case someone has not understood the content of this post or does not want to understand, for whatever personal reason, we clarify and shorten the message: This is NOT a token migration, as they are totally different tokens, only sharing the same name, put by mistake. This is a token compensation for those users who at some point bought us any quantity of Steemit's tribe token, directly to the club, thus contributing in some way to its financing at a different stage of the club.

   Final Note: This club is no longer operating on Steemit platform and it's only focusing all its efforts on Hive platform, officially. We highly recommend you to forget about anything related with Steemit platform, including this club itself, its activity or any of its products created there.


   Do you want to know more about our Hive's TLNT token and its outstanding benefits? So check out Introductory Article, Monthly Payment and Buy & Burn articles.

   Do you want to know more about us, who we are or our system? So check out our About Us article or visit us on our Discord server and take a look there. You can also read a bit about us at the bottom of our Daily Club Reports.


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market2.jpg

Here is proof of my Steemit's token purchase!

That's exactly what we were looking for and talking about.
You'll receive your Hive's token in a couple of hours, with a memo reflecting the conversion.
Cheers!

Hi, there can you tell me how to get that picture please. Thanks

Yes, I can! You must go on https://steem-engine.net , there is option EXPLORER go there, If you type your user name you will get all your transactions ever made. Be patient and go to the time you purchased TLNT!

Thanks for the reply. By the way, how did you upload image to the comment. Doing the "selecting them" wont work. It's always error uploading.

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Thanks very much for reaching to us to send us the proof of your purchases!
To point out, of all the transactions you marked, only two of them are valid, since are the ones where it's made clear that you bought tokens to the club. The others transactions you uploaded are or market sell (wich has nothing to do with the case) or a market buy but to an individual user, different than the club.
We're posting you here those transactions valid, for your better understanding:


So, we're compensating you a total of 390,000 tokens of wich 20,000 tokens, were bought @0.00019.
We're sending you the Hive's token at the conversion ratio explained, taking into account that higher price for those 20,000.

Hello bro, how to get those transactions? Thanks

Esto es maravilloso, yo la compra de mis tokens la hice a través de la billetera de Steemit y no sé cómo recuperar esta transferencia, pero, esto es lo único que encontré que podría servir.

InShot_20210530_165334833.jpg

Sent!

Muchas gracias 🥰🥰🥰

That's what we're looking for! Thanks very much for collaborating to compensate your purchases!
We're sending you the Hive's token at the conversion ratio explained.

I have a total of 4,216,289 TLNT at steem-engine at the moment. 3,000,000 is currently stake. Attached is the purchase record of my TLNT.

Have issue uploading the image in hive so I uploaded it on imgur. Here's the link:
https://imgur.com/A962efA

Hi there.
Yeah, that's absolutely correct and we're sending you the Hive's TLNT token at the established conversion ratio for the 3M purchase, in a couple of minuts.

I'm sorry, I don't know how to find the transaction block or the transaction. My steem-engine page doesn't show me all the transactions. :( Do you know how to find all the transaction about TLNT token?

Please, @talentclub LINK A PAGE where the people can find all the transactions about the tokens as you said above. Thank you :)

Hi there.
You can check the Steem Engine's Explorer at https://steem-engine.rocks .
You must search for your account transactions and find those concrete transactions where it shows that you bought us some tokens, someday.
Have a nice day.

I placed an order on the market and bought the TLNT by another one, not talentclub. Isn't accepted?

@davidesimoncini We're compensating only the market or direct purchases made to the club, not to any other individual, in case you purchased us the tokens.
Have a nice day.

You've just 1 more message left till we mute you, forever.
If we were you @barski, the next message written in here will be my proof of purchase.

Congratulations @talentclub! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You have been a buzzy bee and published a post every day of the week

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Check out the last post from @hivebuzz:

Hive Power Up Day - June 1st 2021 - Hive Power Delegation

Don't have time looking for the transaction id right now.

Hi there.
You have the entire 2021 year to show us a proof of purchase, of those of your token balance bought to the club, just in case you bought us any token sometime.
Have a nice day.

O.K> here are my market received buys.

Screenshot 2021-05-31 at 11.12.11 AM.png

Screenshot 2021-05-31 at 11.13.55 AM.png

Screenshot 2021-05-31 at 11.15.44 AM.png

Screenshot 2021-05-31 at 11.16.32 AM.png

Total bought = 1,738,896.33 TLNT Thank you @talentclub for letting me know!

This is not the information we're requesting, neither the proof of purchase, necessary to carry out the compensation.
You must try searching through the "Explorer", in your personal account transactions, starting to count from 2 years ago, that just in case you purchased tokens directly to the club, meaning those wich the club had set for sale on market.
No other way of purchasing tokens (to other users, for example) or any other way of earning that token, such as all the ways mentioned and detailed in this post written above, will be taken into account.
Have a nice day.

We think everything is pretty well explained and you have some models and examples of what we're looking for.
If you did purchase to us those tokens, you'll be compensated. Otherwise you won't see a penny from the new financial product, as you didn't contribute to the club's financing.
So, go on and look for your proof of purchase, in case you want some of a totally awesome different tokens and maybe earn a share of club's curation rewards.

Is there any way to query the URL and find the market buys only per username. I'm just not sure where and howe to look. Oh we'll I don't have the time I don't think I care any more anyway. Not gonna invest in any TLNT this time around.

This is the only purchase you can be compensated for, since you bought these tokens directly from the club account. You had, sometime ago, a balance higher than your total actual balance but, since you sold a lot of them and thus got money from those transactions, the only transaction left to be compensated is that last purchase made to us and about those tokens that you're still holding in your wallet.

That's a total of 999,920 Steemit's TLNT tokens bought at 0.00018 STEEM, wich conversion will lead us to send you 1,799.85 Hive's TLNT tokens at 1:0.0018 conversion ratio.

On the other hand, after searching though transactions, there's no any proof of purchases made to the club, valid like this one, for your other account @honusurf.

Thanks for the TLNT!!

We just found a big tokens purchase from you to us on blockchain.
Give us a couple of hours.

Hi I purchased a lot of TLNT on steemit. Here are my market buys for @honusurf circled in purple totaling... 5,511,937.94! Mahalo!!

Screenshot 2021-05-31 at 11.34.07 AM.png

Screenshot 2021-05-31 at 11.34.38 AM.png

Screenshot 2021-05-31 at 11.35.06 AM.png

Same thing for your second account, @coininstant.
If you want to see a single penny, show the proof of purchase where it's clear your purchase was made to the club, as the examples shown in this post.

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Finally. thanks for this new update. By the way, what is the new steem-engine website? Also, where can I find the transaction of my talent purchase?
Thanks

Hi there.
We noticed you had 78,000 Steemit's TLNT but, after searching though more than 6,000 market transactions, we didn't find a proof of purchase valid for you, meaning we didn't find any market buy from you to us, directly.
If you found it, please let us know.

This is not the information we're requesting, neither the proof of purchase, necessary to carry out the compensation.
You must try searching through the "Explorer", in your personal account transactions, starting to count from 2 years ago, that just in case you purchased tokens directly to the club, meaning those wich the club had set for sale on market.
You can check @biti 's comment and how fast he solved it, as example.
No other way of purchasing tokens (to other users, for example) or any other way of earning that token, such as all the ways mentioned and detailed in this post written above, will be taken into account.
Have a nice day.

The case you expose as example of purchase, it's not an example about a case we may think about compensating, due to logic reasons.
If you want to reconsider it and search for the info we're requiring, we won't close the window period to be able to do it, during this entire 2021 year.
We mean: there's no hurry; just relax and think about it.
Have a nice day.

With this kind of message you're risking that we mute you. That will imply that we couldn't read your message showing us your proof of purchase, whenever you found it, in case you have it.

Barski, this second account of yours, is being muted also after some little words.
You had plenty of opportunities and also our good will to offer you compensating your token's purchases, just in case you bought us some of those tokens. Any other transaction you made or whatever other means you got your tokens is none of our business.
Moreover, as explained, they're not equal tokens and this is not any kind of token migration.
If you didn't buy us any coin, we're so sorry for you.
Have a nice day.
Muted.