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Wall Street ChadsWall Street Chadsby0x07cc6b87Db3067CCbDDE3c49C50d2272788E12120x07cc…1212

Hedera Investment (HBAR)

Voting ended about 4 years agoSucceeded

Mid to Long term hold (6-15 Mos) HBAR is a disruptive token that is finding its ways into almost every industry around. Major corps are also partnering with Hedera (Boeing, Google, IBM to name a few).

Hedera is different because instead of using Blockchain, it uses its own algorithm called "gossip protocol" that is neither POW or POS. Hedera is cool because it is used for paying both transaction fees, but also is used for in-app payments. I would assume as different industries partner with Hedera its protocol will further adapt.

Downsides to this token is the massive supply, and its still pretty early, I believe when all is said and done it should be in the ballpark of 50B tokens in circulation. Long term this could be a great play, but I propose we hold for 6 to 12 Mos if it hits $.50 we sell half and hold the rest for either the remainder of the period or longer if it proves fruitful.

Current price of Eth around $3k HBAR is $.23

Total HBAR would be roughly 13,000

Not a super long winded proposal, hopefully enough to peak your interest though.

Also Hedera.com has some excellent points for further review if interested.

g'night ladies and gents

Chester K. Longchad

Off-Chain Vote

For
14 16.7%
Against
38 45.2%
Abstain
32 38.1%
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Timeline

Feb 13, 2022Proposal created
Feb 13, 2022Proposal vote started
Feb 17, 2022Proposal vote ended
Oct 26, 2023Proposal updated