Series B, or the 2nd Series of the VOCUP token 2nd Edition, was issued yesterday (on November 1st, 2023), as we promised several weeks ago when the last token from the previous series was sold.
Before the issuance of this new series of tokens, there was a total supply of 300 VOCUP tokens.
200 of them were sold at the price of $5 HIVE (Swap.Hive) per token, while the remaining 100 were sold at the cost of $10 HIVE (Swap.Hive), that is, for a total of $2,000 HIVE (Swap.Hive).
Every token purchase is backed with the active Hive Power of the @vocup account, so it was with these $2,000 HIVE (Swap.Hive) for those 300 VOCUP tokens already sold.
As we are doing it manually, we are trying to power up the account as soon as possible after the purchase on the exchanges happens. Talking from past practice and experience, it usually happens within 24 hours from the moment of purchase, as we check the stats daily and accordingly power up the account.
Issuance of the Series B, or the 2nd Series of the VOCUP token 2nd Edition
Series B (the second series) of the 2nd Edition of VOCUP tokens number 100 tokens.
That makes the current Total Supply of 400 tokens.
The price of the token remained the same as it was for Series A (the first series) of the 2nd Edition, and it's $10 HIVE (Swap.Hive) per token.
Please keep in mind that with the increase in tokens' Total Supply (now 400), the percentage of your shares for the tokens in holding will decrease.
For example, if a token holder held 10 VOCUP tokens (before November 1st, 2023, when Total Supply was 300 tokens), their token share was 3.33%.
After November 1st, 2023, when the Total Supply increased to 400 tokens (by issuing 100 Series B tokens of the 2nd edition), the same token holder with 10 VOCUP tokens now has 2.50% of token share.
We believe that the 250 HIVE that we brought in to power up the account yesterday for Hive Power Up Day will compensate for that "gap," as well as some future token purchases, so at the time of rewards' payment for November, your rewards would be at least the same as they were for October payout.
Overall, we are optimistic about it, and we hope you'll share that opinion and feeling with us. 😊
However, a big THANK YOU to all our members (current token holders) for the trust and support thus far!
To buy a VOCUP token, visit Hive-Engine, Tribaldex or LeoDex exchange.
Please review our Announcement post to learn more about our project.
Images Sources:
1st image (Thumbnail): Our own derivative work with image by aranjuezmedina on Freepik
Dividers: Our own derivative work with image by Gordon Johnson from Pixabay
