[ANN] Van Kush Beauty Token - VKBT - SMT on TribalDEX/HIVE

I'm going to write this post so everyone can kind of understand the Mechanisms of the Token, and how it works.

To get into this, the best place to start is with STEEM and Steemit, one Day in maybe July 2017 I think it was, maybe the 7th, Dan and Ned launched Steemit. Apparently before that there were people earning in a system that was keeping records, but there was no Blockchain, the instituted the Blockchain that Day and all of this started for the first time. At first there was no SMTs, there was no Token DEX, there may not have been an Aggroed Developing anything yet even. The way STEEM really started was the way I have been talking about VKBT being used, there was a 2 Year Bridge Toll, the Bridge Toll was a mechanism to ensure Value, it took 2 Years, or 102 Weeks, to get your STEEM out; and you got 1 Installment every 7 Days. So no matter if you just earned it and staked it for 15 Minutes, or had it on there for a Year, it took everyone 2 Years to get it off. VKBT takes 30 Days with 1 Installment per Day, but our HODLers will be self selecting, instead of a Bridge Toll we will just start by teaching everyone and giving them the comparison of having a Bank Account full of Money, where you just live in the Interest and never cash out the Sum. So there are always new earnings.

Now, for those new to all of this, you may be thinking, "but you didn't tell me how it works yet", so let's get to what those people want to know. So, if you see STEEM, HIVE, BLURT or VKBT for Sale on a Market that means those Coins were Minted out through the Rewards Program, so every Day technically 1,440 VKBT could be added to the Market, but then the people selling it will quickly fall behind and not earn as much because they will need to Stake to keep up with Buyers. If I am an Admin with 5,000 and I never Stake, I just sit on that 5,000, pretty soon a lot of people might catch up and some surpass, after a year 5,000 might be a kind of small amount to have Staked, there might be accounts with 20,000 or 15,000 by then, maybe more. But no one needs to be concerned about those Admins because ours will Stake and keep their Sum Staked like a Bank Account set up by the Account holder just for the purposes of collecting Interest, that's how our Admins will operate. So when you see VKBT on the Market, someone earned that either by being a Stake Holder, or by being Voted for by Stakeholders and using the right hashtags, that's where everything on the Market comes from. When Steemit started, anyone who came in and spent $1,000 when it was less than $0.01, to maybe $0.20, would be considered a Dolphin, that's why there are Dolphins, Minnows, and Whales on Steemit, this very quickly became very important to everyone's ability to understand what was going on, and make Graphics for Fun, etc.

VKBT works the same way, it is a ScotBot made on TribalDEX. The more you hold the more your Vote is worth, right now we have about 5 people holding 5,000 each, 1 with 3,000+ and a good number with 500 and a few with 1,000. These are the Stakeholders, some was part of an Airdrop so you can Buy from some of those people on the Market right now. Once we get everything moving, we will be Buying up our own Tokens when they are cheap, so be sure to pay attention and get it when the Metrics are good, meaning, sure in 1 Year maybe you will be able to get 1,000 VKBT at a cheaper Price but you have to get 5,000 in the next week or so if you want to match the Admins, a.k.a. be a VKBT Whale. Because soon, as the 5,000 and 3,000 and 1,000 holders Stake, they will have 8,000 and 10,000 and 15,000 Staked, and Votes are based on your Stake weight, so if you want to be like them you have to have as much as them now, and as much as them later.

These first Staked Tokens, and those currently on the Market will determine the Course of VKBT. The first few Weeks it might be good for Stakeholders to come in every Day (after the first 7 Days waiting) and Stake their Earnings, so they can keep up. And just so everyone can understand, if there is a rewards Pool of 100 VKBT per Day (Hypothetically, instead of 1,440 VKBT) and there are 2 Admins, if the Admins have equal Amounts, say 5,000 VKBT, then their Votes are equal, they can both Award 50 Tokens If they each Vote once, if one of them Votes 2x, it Cuts that 50 Down to about 33. If they both Vote 2x if goes down to 25. And they get 50% of their Votes in Curation Rewards. Now, if they both Vote once, then a new person comes in and Buys 5,000 VKBT and also Votes 1x alongside each of their 1x Votes, then it also goes to 33 per Vote. We have many more Holders than this, and many more Votes per Day than 2 or 3, but now you understand how it works.

Now, we are starting with maybe 20 People, but this will massively expand on a constant basis. There is Social Media, there are online Ads we can Buy, there is Word of Mouth, there are many many ways for that number to grow, but the primary mechanism in the first few weeks will be Rewards. People are on HIVE looking for ways to earn more Money every day. Now they can use our Hashtags, #VanKushFamily, #R2Cornell, etc, and earn VKBT, they can do this accidentally also, so in the next few weeks everyone using these Hashtags will start to see some VKBT in their Wallet, and wonder "What is this?", then they Stake it, they ask people, they go to Google, or they just list it for Sale confused about how it got there and what it is (for you and me to Buy up). This could bring the user base from 20+ to 1,000+ very, very quickly. Maybe Days, probably a few Weeks, and by then it could be 10,000+ with 1,000 regular users. This is important because the more people who know what VKBT is, and want it, the higher the value goes.

When people hear about a new Currency, their first question is "What's it worth?", and most of them only have the $50,000 or $20,000 BTC in their head to compare it to. Bitcoin is worth so much because there is a limited amount in Circulation, it's not an Infinity Coin like a Video Game. And the more people there are competing to hold some, the higher the Value goes. Our Coin has about 300 Years of Distribution to get to 100,000,000 Total, so may seem like an Infinity Coin, but will have everything set up as long as HIVE continues to operate in some Fashion, and based on the Decentralized quality of Blockchain, that should be forever. And we will help everyone understand what to do next the whole time. As mentioned, we will also be using Social Media, Ads, and Business Cards, Flyers, etc, to get new people onboard. So HIVE and BLURT will likely see more users than they have ever had, so really the talk of the "Value of our Coin", is really a discussion about the Value the Van Kush Family brings to any Platform. We bring Views, we bring new users, we bring new ways to use the Platform, and new Tokens and eventually Blockchains, we bring Education and Guidance, we bring protection from the Wolves, and Grants to Females to create a space in the Van Kush Beauty Economy for Women to enter Blockchain. We are bringing in Companies and eventually States/Nations, we are going to help others create Currencies for Towns, Schools, Churches, Temples, Mosques, Clubs, Restaurants, YouTube Channels, Blogs, Podcasts, Twitter Fandoms, Facebook Groups, etc. Just as an example, Theme Parks and Stadiums, entertainment venues generally are usually most well known Non-Government properties in any area. If each Employee was given a Stake Grant, like the 5,000, 1,000 and 500 sets of VKBT that were Airdropped, then those Employees all went on Facebook and talked about the Venue's new Currency you can earn just by using their Hashtag and Talking about Shows, or Posting Pictures from your Day there, etc, then you have a Local Currency. This is what we are bringing, People.

We bring the People, that's our Value. And we help them figure it all out instead of just saying "You can't figure it out? Well you know how to Buy Bitcoin don't you?", because to do this you need to know a little more than just how to Buy Bitcoin, so we bring that.