I have a large stake of BLOG token. To be honest though, I am not really a fan of BLOG token. I was at first back at the beginning of 2021:
https://peakd.com/hive-167922/@holovision/are-your-blog-posts-getting
But then the BLOG issuer account started doing things that didn't seem quite right like this:
https://peakd.com/hive-167922/@holovision/5-million-blog-mystery
the explanation post why the tribe was abandoned.The @blogtoken account really wasn't interactive with the Hive community, the frontend blogtoken.io is defunct, and the @blogtoken account has drained its HIVE. I'd give a pass to @dunksocial because of At least there was transparency with DUNK. I'd include @blogtoken with @hypnochain as accounts that created tribes more to enrich the tribe owners than to promote the utility of Hive and add value to the community.
the timeline and how @imagenius.dac got all that BLOG from @blogtoken is too funky to pass the smell test. It's also, in my opinion, currently way too centeralized based on the richlist for what a Hive-Engine token should be.I also don't like the fact that @imagenius.dac owns roughly three quarters of the total BLOG supply. I am not saying that is a sin. I will say that in my opinion looking at
TL;DR. Acquire more BLOG if you want. In my view putting all that effort into such a centralized token will benefit @imagenius.dac far more than you. Full disclosure: If the price of BLOG ever gets to 0.0001 HIVE I will most likely start unstaking my share of BLOG and sell it off.
Well said! BLOG tokens are pretty much a waste of time, and yes they belong right up there with LASSECASH, HYPNO and pretty much anything that Mykos dude throws out there.
Not condemning all low value tokens... some, like PAY, are just enigmatic; others like SPORTS are just numerically overissued.
=^..^=
Thanks for the information. Buying PIMP.
Thanks for the background. I had no idea, and saw the low price and went for it. I'm buying PIMP on the dip.