Steem Factory has real value, but its not reflected in the Market ! We need your help to change that. by steemfactory

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bitshares · @steemfactory · Jun 24 '17 (edited)

$15.79

Steem Factory has real value, but its not reflected in the Market ! We need your help to change that.

<center>
![enter image description here](https://lh3.googleusercontent.com/-4VbLpzFdKNRmSfEQmKhECc8ZoZ07f7qVXXtq-V5UqrpFK6BkRTOD5Gb3PMKV0DnjLSVPZRfmA=s200 "IMG_0334.PNG")</center>

We at Steem Factory have been brainstorming to find new ways to increase the value of our STEEMFACTORY token.  Since our inception we have given away more that 55,000 tokens to users who support our project.  However, the token price has steadily declined over time.

The market is currently devaluing the mining operation which backs the price of the STEEMFACTORY token.  

Let's take a detailed look into the mining operation:

Equipment | Price
---------------- | -------
KNC Titan Miner - Purchased in 2014 | $10,000 USD  
Raedon GPU Mining Rig,  16 GB RAM | $600 USD 
Power Supplies, Networking Adapters, Etc	| $400 USD

Expenses | Monthly Cost
--------------- | -----------
Electricity - 1200 KW/H KNC, 350 KW/H GPU  | $115 USD

Mining Income | Price
--------------- | ------
Average USD value of coins mined per week| $125 USD
Average USD value of coins mined in month | $500 USD

Current Price of STEEMFACTORY | USD
---------------| -----------------
STEEMFACTORY   | $0.03156 USD

<hr/> 

#### Do you agree the STEEMFACTORY token is undervalued?  
We do.  Now, what can we do about it?  This is where we need feedback and suggestions from you, the community.   Tell us what you think we can do to  increase the value of the token.

Create you own idea in the comment section and ask others to vote on it.


##### Here are list of our ideas (Vote in comment section)
1. Stop distributing the tokens for free - many are selling the tokens because they were given away, which is greater than the demand to buy them
2. Create a weekly drawing where we award the winner in Steem, but to enter the drawing,  you must send in a minimum amount of SteemFactory tokens.
3. Perform weekly Steem sharedrops on the holders of STEEMFACTORY tokens.  We must identify a minimum amount.

  
##### Ideas that we have abandoned
A supporter of the community suggested we buyback STEEMFACTORY.
- For the last two months, we have bought back STEEMFACTORY on the open market and the price continued to decline.  We concluded this is not a good investment at this time.  Until we increase demand for the token, the buy back will not produce the desired results.

We look forward to your feedback.  We at Steem Factory value your opinions.  Let's build this community together!

Thanks [Steem Factory](https://steemit.com/@steemfactory)

----------------
<center><a target="_blank" href="https://www.amazon.com/gp/search?ie=UTF8&tag=lifinvmusande-20&linkCode=ur2&linkId=93907f7fcc9aac485154fd7621f57cb6&camp=1789&creative=9325&index=aps&keywords=gifts">Support Steem Factory By Shopping at Amazon</a><img src="//ir-na.amazon-adsystem.com/e/ir?t=lifinvmusande-20&l=ur2&o=1" width="1" height="1" border="0" alt="" style="border:none !important; margin:0px !important;" /></center>

👍 pairmike, officialfuzzy, kenny-crane, riskdebonair, tskeene, asmolokalo, gregory-f, shortcut, scaredycatguide, steemfactory, m8586, kurtbeil, bitshares101, lenin-mccarthy, rxhector, bones, patelincho, madlenfox, the50, raymonjohnstone, unityofmulti, happyphoenix, bruno-nirello, elevator09, okutavio, rishi556, vaik72, olesya1989, elma-landro, modernbukowski, chessminator, bosjaya, wise-elf, dienhassan, sambo-rambo

`author`	steemfactory
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properties (23)vote details (35)

voter	rshares	pct
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pairmike	637,426,675,153	100%
gregory-f	49,298,890,722	30%
bruno-nirello	1,136,310,640	100%
kenny-crane	115,150,167,458	25%
tskeene	65,761,623,963	100%
asmolokalo	50,196,973,038	5%
rxhector	11,684,218,849	100%
bitshares101	16,690,144,905	25%
bones	6,823,646,220	100%
raymonjohnstone	2,198,221,328	10%
happyphoenix	1,712,438,340	7%
shortcut	47,108,218,618	25%
kurtbeil	23,431,903,789	5%
scaredycatguide	43,076,793,363	10%
elma-landro	608,044,304	100%
wise-elf	237,181,363	100%
patelincho	4,126,956,933	8%
bosjaya	443,467,036	80%
olesya1989	624,486,069	100%
modernbukowski	603,878,888	100%
rishi556	960,474,160	100%
unityofmulti	1,893,769,513	25%
chessminator	530,908,678	100%
madlenfox	3,812,493,295	10%
riskdebonair	113,612,775,402	100%
lenin-mccarthy	11,867,246,111	100%
steemfactory	30,209,942,977	100%
elevator09	1,111,582,169	100%
m8586	27,654,704,787	20%
the50	2,243,023,520	25%
okutavio	993,893,960	20%
dienhassan	127,376,479	100%
sambo-rambo	113,203,992	30%
vaik72	853,111,148	100%

@funkit · Jun 25 '17

$1.10

I like the idea of treating the peeps as shareholders. Otherwise the whole idea is somewhat muddy. 

I hope you realize the drop in price is proportional to the price of bts, which seems to be the main market. So the value of steem factory remains almost the same. It just can't keep up with bts.

👍 riskdebonair, jesta, raymonjohnstone

properties (23)vote details (3)

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@steemfactory · Jun 27 '17

$5.85

Thanks for the feedback.

👍 pairmike, steemfactory

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@hms818 · Jun 24 '17

What don't you sell steemfactory tokens for upvotes here, similar like whaleshares.

properties (22)

@steemfactory · Jun 24 '17

$7.08

I like this idea.

👍 pairmike, steemfactory, mrfoot

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properties (23)vote details (3)

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@eirik · Jun 25 '17

$0.03

Me too. Or for resteems at least.

I think the biggest problem with the token is, if you hold it, what you get back? Dividends? Revenue? Well I guess no, that is why people are selling it and not holding and buying more.

👍 eirik

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@luke490 · Jun 24 '17

Maybe use the hardware to mine other crypto, then use that to buy back the tokens.... just a thought.

properties (22)

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@pairmike · Jun 24 '17

$7.83

I'm currently mining Litecoin, Dogecoin, and Viacoin.

👍 pairmike, steemfactory

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@madlenfox · Jun 24 '17

$0.04

Sorry! I do not quite understand some technical terms. So it's hard for me to vote now. To do this, explain to me the idea of number 3 please.

👍 madlenfox

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@anonimau5 · Jun 24 '17

$0.04

In that scenario they will give STEEM to the people who own STEEMFACTORY (proportional to your holdings: If you own 1% of STEEMFACTORY then you'll get 1% of the STEEM they give away)

👍 madlenfox

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@madlenfox · Jun 24 '17

$0.04

Oh! Now I understand everything! Thanks @anonimau5 for the help in clarifying.

👍 madlenfox

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@rangertx · Jun 24 '17

I was not familiar with Steem Factory.. will take a look.

properties (22)

@pairmike · Jun 24 '17

$9.06

Thanks for looking into it.  Let me know what you think and if you have any questions.

👍 pairmike, steemfactory

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@raymonjohnstone · Jun 29 '17

What are the diversification efforts of the mining operation, is there any solid plans to establish further miners in your facility with the income from the token? Once there is an income of course, I have been a long time holder and an occasional liquidity provider (buy side) I would be interested in hearing about what the operation plans on doing to expand its income beyond the token. Cheers and as always much love fellow cryptopian.

properties (22)

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@roba · Jun 24 '17

Great post! follow,upvote ,resteem and comment @roba I'll do the same for you.

properties (22)

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@pairmike · Jun 24 '17

$8.89

Thanks for reading!

👍 pairmike, steemfactory

`author`	pairmike
`permlink`	re-roba-re-steemfactory-steem-factory-has-real-value-but-its-not-reflected-in-the-market-we-need-your-help-to-change-that-20170624t181820734z
`category`	bitshares
`json_metadata`	{"tags":["bitshares"],"app":"steemit/0.1"}
`created`	2017-06-24 18:18:18
`last_update`	2017-06-24 18:18:18
`depth`	2
`children`	0
`last_payout`	2017-07-01 18:18:18
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	6.670 HBD
`curator_payout_value`	2.221 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	19
`author_reputation`	43,927,661,974,027
`root_title`	"Steem Factory has real value, but its not reflected in the Market ! We need your help to change that."
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	5,941,907
`net_rshares`	793,128,491,569
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
pairmike	0 B		763,198,999,890	100%
steemfactory	0 B		29,929,491,679	100%

@scaredycatguide · Jun 24 '17

$1.40

In actuality, you could do #2 and #3 both.  Just a thought.

👍 riskdebonair, mitchelljaworski

`author`	scaredycatguide
`permlink`	re-steemfactory-steem-factory-has-real-value-but-its-not-reflected-in-the-market-we-need-your-help-to-change-that-20170624t192248764z
`category`	bitshares
`json_metadata`	{"tags":["bitshares"],"app":"steemit/0.1"}
`created`	2017-06-24 19:22:57
`last_update`	2017-06-24 19:22:57
`depth`	1
`children`	1
`last_payout`	2017-07-01 19:22:57
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	1.052 HBD
`curator_payout_value`	0.347 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	59
`author_reputation`	983,191,475,240,986
`root_title`	"Steem Factory has real value, but its not reflected in the Market ! We need your help to change that."
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	5,948,918
`net_rshares`	125,434,014,627
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
mitchelljaworski	0 B		23,780,478,741	100%
riskdebonair	0 B		101,653,535,886	100%

@steemfactory · Jun 24 '17

$7.39

You are right, we could do both.   Interesting....

👍 pairmike, steemfactory

`author`	steemfactory
`permlink`	re-scaredycatguide-re-steemfactory-steem-factory-has-real-value-but-its-not-reflected-in-the-market-we-need-your-help-to-change-that-20170624t221911767z
`category`	bitshares
`json_metadata`	{"tags":["bitshares"],"app":"steemit/0.1"}
`created`	2017-06-24 22:19:12
`last_update`	2017-06-24 22:19:12
`depth`	2
`children`	0
`last_payout`	2017-07-01 22:19:12
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	5.542 HBD
`curator_payout_value`	1.844 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	50
`author_reputation`	3,439,224,922,530
`root_title`	"Steem Factory has real value, but its not reflected in the Market ! We need your help to change that."
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	5,967,003
`net_rshares`	668,538,860,282
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
pairmike	0 B		638,609,368,603	100%
steemfactory	0 B		29,929,491,679	100%

@steemfactory · Jun 24 '17

$0.37

#### Vote For - Stop distributing the tokens for free

👍 steemfactory, raymonjohnstone, pairmike

`author`	steemfactory
`permlink`	re-steemfactory-steem-factory-has-real-value-but-its-not-reflected-in-the-market-we-need-your-help-to-change-that-20170624t175118468z
`category`	bitshares
`json_metadata`	{"tags":["bitshares"],"app":"steemit/0.1"}
`created`	2017-06-24 17:51:21
`last_update`	2017-06-24 17:51:21
`depth`	1
`children`	0
`last_payout`	2017-07-01 17:51:21
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.280 HBD
`curator_payout_value`	0.093 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	53
`author_reputation`	3,439,224,922,530
`root_title`	"Steem Factory has real value, but its not reflected in the Market ! We need your help to change that."
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	5,938,870
`net_rshares`	33,213,238,612
`author_curate_reward`	""

properties (23)vote details (3)

voter	rshares	pct
pairmike	0	100%
raymonjohnstone	2,198,221,328	10%
steemfactory	31,015,017,284	100%

@steemfactory · Jun 24 '17

$1.12

#### Vote For - Create a weekly drawing

👍 gregory-f, steemfactory, raymonjohnstone, thelastsage, pairmike

`author`	steemfactory
`permlink`	re-steemfactory-steem-factory-has-real-value-but-its-not-reflected-in-the-market-we-need-your-help-to-change-that-20170624t175202859z
`category`	bitshares
`json_metadata`	{"tags":["bitshares"],"app":"steemit/0.1"}
`created`	2017-06-24 17:52:06
`last_update`	2017-06-24 17:52:06
`depth`	1
`children`	3
`last_payout`	2017-07-01 17:52:06
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.840 HBD
`curator_payout_value`	0.276 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	39
`author_reputation`	3,439,224,922,530
`root_title`	"Steem Factory has real value, but its not reflected in the Market ! We need your help to change that."
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	5,938,963
`net_rshares`	99,392,640,576
`author_curate_reward`	""

properties (23)vote details (5)

voter	rshares	pct
pairmike	0	100%
gregory-f	65,731,854,296	40%
raymonjohnstone	2,198,221,328	10%
steemfactory	30,394,716,939	100%
thelastsage	1,067,848,013	100%

@gregory-f · Jun 24 '17

$2.03

As long as the process for submitting the tokens for entry is fairly easy, this is I think the best option.

👍 gregory-f

`author`	gregory-f
`permlink`	re-steemfactory-re-steemfactory-steem-factory-has-real-value-but-its-not-reflected-in-the-market-we-need-your-help-to-change-that-20170624t184040614z
`category`	bitshares
`json_metadata`	{"tags":["bitshares"],"app":"steemit/0.1"}
`created`	2017-06-24 18:40:39
`last_update`	2017-06-24 18:40:39
`depth`	2
`children`	0
`last_payout`	2017-07-01 18:40:39
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	1.524 HBD
`curator_payout_value`	0.507 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	107
`author_reputation`	183,274,495,010,368
`root_title`	"Steem Factory has real value, but its not reflected in the Market ! We need your help to change that."
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	5,944,382
`net_rshares`	181,741,884,378
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
gregory-f	0 B		181,741,884,378	100%

@raymonjohnstone · Jun 29 '17

This along with abolishing the free give away is a good idea, the worth of the token is established and you are a trustworthy voice within this community.

properties (22)

`author`	raymonjohnstone
`permlink`	re-steemfactory-re-steemfactory-steem-factory-has-real-value-but-its-not-reflected-in-the-market-we-need-your-help-to-change-that-20170629t221222015z
`category`	bitshares
`json_metadata`	{"tags":["bitshares"],"app":"steemit/0.1"}
`created`	2017-06-29 22:12:21
`last_update`	2017-06-29 22:12:21
`depth`	2
`children`	0
`last_payout`	2017-07-06 22:12:21
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	154
`author_reputation`	14,658,524,655,578
`root_title`	"Steem Factory has real value, but its not reflected in the Market ! We need your help to change that."
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	6,683,992
`net_rshares`	0

@thelastsage · Jun 24 '17

This seems to be a fair and logical way to handle it. The Last Sage sends his support. Much love, Peace

properties (22)

`author`	thelastsage
`permlink`	re-steemfactory-re-steemfactory-steem-factory-has-real-value-but-its-not-reflected-in-the-market-we-need-your-help-to-change-that-20170624t210036574z
`category`	bitshares
`json_metadata`	{"tags":["bitshares"],"app":"steemit/0.1"}
`created`	2017-06-24 21:00:33
`last_update`	2017-06-24 21:00:33
`depth`	2
`children`	0
`last_payout`	2017-07-01 21:00:33
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	103
`author_reputation`	1,143,786,089,438
`root_title`	"Steem Factory has real value, but its not reflected in the Market ! We need your help to change that."
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	5,958,919
`net_rshares`	0

@steemfactory · Jun 24 '17

$3.39

#### Vote For - Perform weekly Steem sharedrops

👍 riskdebonair, bitshares101, nepd, steemfactory, kenny-crane, funkit, anonimau5, shortcut, elevator09, rishi556, dehenne, arkadiy, purpletalon55, pairmike

`author`	steemfactory
`permlink`	re-steemfactory-steem-factory-has-real-value-but-its-not-reflected-in-the-market-we-need-your-help-to-change-that-20170624t175248814z
`category`	bitshares
`json_metadata`	{"tags":["bitshares"],"app":"steemit/0.1"}
`created`	2017-06-24 17:52:48
`last_update`	2017-06-24 17:52:48
`depth`	1
`children`	1
`last_payout`	2017-07-01 17:52:48
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	2.631 HBD
`curator_payout_value`	0.756 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	47
`author_reputation`	3,439,224,922,530
`root_title`	"Steem Factory has real value, but its not reflected in the Market ! We need your help to change that."
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	5,939,051
`net_rshares`	301,136,610,524
`author_curate_reward`	""

properties (23)vote details (14)

voter	rshares	pct
pairmike	0	100%
anonimau5	15,923,952,642	100%
kenny-crane	24,500,035,629	5%
bitshares101	66,760,579,620	100%
shortcut	2,855,043,552	1%
rishi556	942,003,503	100%
riskdebonair	106,437,231,693	100%
funkit	16,538,507,640	100%
steemfactory	30,017,034,081	100%
nepd	35,014,032,422	15%
elevator09	1,111,582,169	100%
arkadiy	258,573,580	100%
dehenne	621,340,000	100%
purpletalon55	156,693,993	100%

@steemfactory · Jun 24 '17

$7.25

This option would require you to buy STEEMFACTORY weekly to be eligible for the sharedrop.

👍 pairmike, steemfactory

`author`	steemfactory
`permlink`	re-steemfactory-re-steemfactory-steem-factory-has-real-value-but-its-not-reflected-in-the-market-we-need-your-help-to-change-that-20170624t214006655z
`category`	bitshares
`json_metadata`	{"tags":["bitshares"],"app":"steemit/0.1"}
`created`	2017-06-24 21:40:06
`last_update`	2017-06-24 21:40:06
`depth`	2
`children`	0
`last_payout`	2017-07-01 21:40:06
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	5.442 HBD
`curator_payout_value`	1.811 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	90
`author_reputation`	3,439,224,922,530
`root_title`	"Steem Factory has real value, but its not reflected in the Market ! We need your help to change that."
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	5,963,252
`net_rshares`	654,530,855,292
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
pairmike	0 B		626,927,489,909	100%
steemfactory	0 B		27,603,365,383	100%