It was with sadness that I read **[the recent announcement](https://peakd.com/hive-179541/@cccf/creative-coin-fund-to-cease-operations-cccf-funds-distributed-to-delegators)** that the Creative Coin Fund **(@cccf)** has ceased operations.

At the same time, I can well appreciate founder **@cliffagreen's** explanation that the project had become an all-consuming time — and financial — hog. Sadly, that tends to be the way of many community projects: they require an *extraordinary* amount of time and energy... and often involve running *"at a deficit"* for 2-3 *years* before reaching that *"Critical Mass"* point where they develop a life of their own.

![CCC011-AtWindow.jpg](https://files.peakd.com/file/peakd-hive/curatorcat.ccc/23xyX8UeMRbPQUVqe1vJmRRUnDd6r9qCJAGrvdgxfvPkrz8MMSdNVPj7vJN4HSSD5Jccu.jpg)
*What's Next?*

## *So, Therefore, Next...?*

I have much gratitude, though! 

The CCCF project served as a valiant *"rescue attempt"* for the previously foundering Creative Coin Community, and definitely helped revive the idea of a community for artists and creatives on Hive... as well as a way to offer some additional rewards for creative content.

Along the way, there was a partnership with **@worldbuilder** and **[the Worldbuilding Community](https://peakd.com/c/hive-191038/created)** as part of which the Writer's Token *(WIT)* came into being. Of course, there's **[a whole story of its own](https://peakd.com/hive-191038/@worldbuilder/curation-for-wit-temporarily-suspended)**, there!

Of course, I had/have considerable interest in both the CCCF and Worldbuilding projects as a substantial stakeholder in both CCC *(+/- 76,000 tokens)* and WIT *(128,000+ tokens).*


![CCC011-UnderLamp.jpg](https://files.peakd.com/file/peakd-hive/curatorcat.ccc/23wC3L93KmrC3rPcXUbhUkbenmhuMTREw6VT7FSFzdZmoyKb1FDqwbiQhs9HWefhUCC2x.jpg)


## *The Never-Ending Challenge*

The ever-present challenge of *any* community with a token that bills itself as *"a reward"* is that recipients of said reward often want to turn the tokens they are rewarded into *"money,"* so they can buy bread, and cat food, and such things.

Consequently, there is a pervasive flow of *sellers* of the attached token. Absent a *profoundly compelling reason* to *hold* tokens rather than *sell* them, the market typically has to be artificially subsidized to prevent the token value from declining towards zero.

The argument could be made that the value of *holding* is in being able to earn *curation rewards,* but there's that word again: *"Rewards."* So now you may well have *some* people *"holding,"* but they *still* want to *sell* their *recent* rewards, and the selling pattern resumes.

![CCC011-UnderLamp2.jpg](https://files.peakd.com/file/peakd-hive/curatorcat.ccc/23x16oKcNabg1Y9M3e6AuaaaC2sf3dgxMamEoowntvvNpCzCKfJa7FLELMssZpxikNnY4.jpg)
*I like being under that warm lamp...*

## *Standalone Equilibrium?*

So we are still left with the question: *"Why should I hang ON to these, rather than SELL them?"* Moreover, how do we find something that resembles a buy/sell equilibrium? Moreover, how to we create a *"compelling reason"* to buy in, in the first place?

I don't have any quick and easy answers to that... but it's definitely something worth considering, at length, because it's an issue *most* communities wrestle with.

In the interim, I plan to hang onto my stash!

That's all for this update... thanks for stopping by!

# =^..^=
***Curator Cat, April 17th, 2022***