If you bought pre-sale you're up 70% Already!

That's right, if you invested 100 Swap.Hive you're value would now be over 170 Swap.Hive!

We launched DRIP Coin on 07/03/23. It's been less than 2 months since launch. We sold out of our pre-sale/1st tranche in 5 days and recently sold out of tranche 2. The original price of DRIP was 1.0 Swap.Hive. The current price is 1.50 Swap.Hive. Well that's 50% right? Not quite.

Let's do the math. If you purchased 100 shares of DRIP on 07/03 and staked it (staking rewards started 07/12), also restaking your daily DRIP airdrop then after today (49 days of staking) you would now have 113.014634 DRIP. In additional you would have received 1.47318 Swap.Hive from your daily payouts of Swap.Hive. This includes the increase on 08/01. We plan to increase the Swap.Hive payout again on 09/01.

So your payouts plus DRIP would now be worth 170.995 Swap.Hive from your original investment of 100 Swap.Hive.

This is the power of compounding!

What is Hive DRIP coin?

DRIP is a crypto-coin on the HIVE blockchain that invests into GameFI projects, which are projects that combine gaming with blockchain technology. We believe this will be one of the top growth areas in all of crypto over the next 5-10 years.

Source - main diagram: NewZoo, Blockchain games part: researchandmarkets.com

Our Total Investments

Monthly report for July posted here. We'll have a new one out soon for August. I can tell you we have over $20k in treasury assets now!

Milestones

• We sold out of our pre-sale in 5 days!
• We started staking rewards 2 weeks early paying out 149% APY over first 365 days.
• We broke through $10,000 in treasury assets!
• A member reaches the 5000 DRIP milestone and claims 500 DRIP bonus.
  
• Hive DRIP Coin Sell Out of Second Tranche!

Looking Forward

We plan to continue to invest and grow our assets while rewarding our loyal investors. The daily payouts will not go down. In fact the plan is to raise them each month like we did for August. We're planning another raise here soon for September. Most of our assets are currently in the HIVE ecosystem but we are looking at expanding to other chains. We recently made a small purchase on the Polygon chain. As we build up a track record for consistent payouts while also increasing our asset holdings we will build more confidence and get more investors. However, now is the best time to invest in DRIP Coin, especially with the first year staking reward of 149% APY!

It's been a thrilling ride so far and it has not even been a full 2 months! But, we still have a long ways to go! We will keep chugging along and providing value. It's going to be a great year for DRIP!

Will you be riding on the DRIP train or get left behind?

Daily Payout

That's right, we payout Swap.Hive every single day at 12:30 AM UTC and plan to increase the payout per DRIP coin held each month! We also reward .25% of staked DRIP daily at this time as well.

Staking Rewards

You'll receive exactly .25% of your staked DRIP tokens rewarded daily in liquid DRIP coins. This is a 149% APY. Coins paid out are liquid so you'll need to stake them daily in order to keep compounding your rewards.

Ex. - If you started with 1000 DRIP staked, you'll receive 2.5 coins the first day of staking rewards. If you then restake those coins, you'd earn 2.50625 additional DRIP the next day. If you did this each day for a year without ever purchasing more coins you'd have 2487.71 DRIP coins. Since the Swap.Hive payout is per coin and we plan to increase the payout slightly each month you'd be receiving more than 2.5 times your current Hive payout. The power of compounding is huge so don't forget to restake!

We are in the second third tranche of our sale. We sold 20,000 tokens during pre-sale, 30,000 DRIP during tranche 2 and had 70000 DRIP tokens at the start of the 3rd tranche priced at 1.5 Swap.Hive each. Each tranche will increase in price. It's a very good time to get into DRIP. We wanted to reward our early backers the most and it's still very early! Don't miss out!

https://tribaldex.com/trade/DRIP

https://hive-engine.com/trade/DRIP

Our Staking Reward Perks

I posted this on our discord and we've already started staking rewards for certain tiers.

1+ DRIP staked - earn .25% daily in more DRIP tokens. This is a 149% APY the first year.

1000+ DRIP staked - New role called DRIP Challenger and access to a no cooldown room for S&S game. Auto staking script now available.

5000+ DRIP staked - 500 Bonus DRIP tokens to first person Completed!, 2nd person gets 250 DRIP tokens, 3rd gets 100. More perks to come!

Investment Thesis

DRIP pays daily rewards in the native token on hive-engine and plans to increase payouts on a monthly basis. We prioritize smart, systematic, high-growth opportunities bringing the rewards back to token holders.

Tokenomics

We are selling tokens in tranches/batches and each tranche increases in price. Tranche 1/Pre-sale was 20,000 tokens and lasted only 5 days. Tranche 2 was only 30,000 tokens at a price of 1.25 Swap.Hive and sold out barely over a month. Trache 3 is 70,000 tokens at a price of 1.50 swap.hive.

Please see the Whitepaper (link below) for full details.

Purchase Tokens

Tokens can be bought directly from hive-engine https://tribaldex.com/trade/DRIP or https://hive-engine.com

Latest Posts

Follow along for all the latest posts on PeakD here: https://peakd.com/@hivedrip

Offical Links

Official Website: https://hivedrip.com/
Whitepaper: https://hivedrip.com/index.php/whitepaper-drip/
PeakD: https://peakd.com/@hivedrip
Buy DRIP coins: https://tribaldex.com/trade/DRIP
Discord Link: https://discord.gg/GXat5Sdc