I am writing daily on the Hive blockchain, but I am also busy doing research and looking into new trends in the world of cryptocurrencies. As you probably know, I have been following [OlympusDAO and its forks closely](https://www.ipaddressguide.org/jade-vs-time-vs-spa-vs-fort-vs-gyro-vs-sb-vs-hec-vs-papa-vs-klima-vs-wagmi-vs-tac-which-is-the-best-project-where-to-invest-background-information-and-a-real-time-experiment/), but today I would like to write about another trend I have noticed among aggressive investors who wants to get rich quickly. What is this trend? What kind of coins are they investing in?  ## Interest based on volume and your stack... The first coin that I got to know that deals with this was OHMINU. It was running on the Ethereum chain and that is probably what caused its quick death. What was this about? **OHMINU** OHMINU was a MEME coin based on OlympusDAO and the point was that you would receive a daily interest of new OHMINU coins based on how many coins you already owned. But, that wasn't the only thing. Whenever someone transacted using this token a tax was deducted (15% of the total amount) and this tax was used to invest in other coins whereof the money would be handed out to the OHMINU owners again. In other words, you had two roads of interest with this, the daily OHMINU reflection interest, and the rewards you would receive based on the further investments of the OHMINU team. **AVAPAY and ZAZA** These are two coins on Avalanche and they are both still alive, but they are also kind of dead. They are operating somewhat different, even though the concept is the same. Here you buy tokens and based on how much you hold, you will be rewarded with funds gathered together from the taxes deducted after every single transaction. The more you hold, the bigger the reward. With AVAPAY, you receive a reward in USDC, while you receive JOE tokens with ZAZA. ### What is the problem with these concepts? They all encourage you to buy and then hold... after all, if you hold, you will receive the interest/reward, but not pay taxes. But, what will happen if everyone just buys and holds, and that's it? There will only be rewards for as long as there are new investors coming. The moment this number starts to decline, the rewards will drop at once, and people will start to sell seeing that there are no more rewards coming their way. And yes, that is what I have seen both with AVAPAY and with ZAZA. ----------- The idea with these projects are all good, but they are lacking something that would make them sustainable over time. As of know, they all seem to run for a couple of days, enjoying the ride as an influencer tweet about it, but when the wave has calmed down, there are no more rewards to gather (since the volume has disappeared), and it is falling kind of dead to the ground.
| author | unbiasedwriter |
|---|---|
| permlink | reflective-interest-on-coins-and-volume-based-rewards-a-new-concept-that-normally-fail-after-a-few-days |
| category | hive-167922 |
| json_metadata | {"app":"peakd/2021.09.1","format":"markdown","tags":["influencer","crypto","profit","piotr","ohminu","avapay","zaza","joe","avax"],"users":[],"image":["https://files.peakd.com/file/peakd-hive/unbiasedwriter/23tRtgSJ1dkaNH3eGLKo6WZY29aNmXRnW679VotjTsjtyr2QsLKR7CxRerUJxctkm2nTf.jpg"]} |
| created | 2021-12-12 11:56:00 |
| last_update | 2021-12-12 11:56:00 |
| depth | 0 |
| children | 3 |
| last_payout | 2021-12-19 11:56:00 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 13.936 HBD |
| curator_payout_value | 13.817 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 2,997 |
| author_reputation | 299,996,464,871,436 |
| root_title | "Reflective interest on coins and volume based rewards - a new concept that normally fail after a few days!" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 108,485,309 |
| net_rshares | 14,238,650,720,950 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| arcange | 0 | 176,566,080,264 | 2% | ||
| raphaelle | 0 | 1,387,600,814 | 2% | ||
| bukiland | 0 | 13,718,265,111 | 100% | ||
| walterjay | 0 | 6,039,826,124 | 0.35% | ||
| lastminuteman | 0 | 4,982,539,937 | 27.75% | ||
| steemitboard | 0 | 8,690,768,687 | 2% | ||
| gbenga | 0 | 963,510,722 | 37% | ||
| jagged | 0 | 6,327,602,808 | 18.5% | ||
| arunava | 0 | 549,337,096,492 | 34% | ||
| samminator | 0 | 151,640,494,449 | 80% | ||
| eturnerx | 0 | 213,773,372,753 | 5.4% | ||
| tfame3865 | 0 | 111,436,838,039 | 100% | ||
| qsyal | 0 | 29,909,535,607 | 68% | ||
| vimukthi | 0 | 187,313,386,812 | 68% | ||
| alexicp | 0 | 1,278,018,403 | 50% | ||
| syedumair | 0 | 5,744,758,623 | 3.7% | ||
| valchiz | 0 | 6,708,582,392 | 61.2% | ||
| devcoin | 0 | 751,969,740 | 37% | ||
| drax | 0 | 351,067,477,700 | 100% | ||
| tomiscurious | 0 | 14,207,640,848 | 3.4% | ||
| carrieallen | 0 | 12,995,606,055 | 11.1% | ||
| sawcraz.art | 0 | 16,169,343,972 | 37% | ||
| fatman | 0 | 7,205,321,739 | 2% | ||
| takeru255 | 0 | 793,487,132 | 37% | ||
| gotgame | 0 | 2,475,888,905 | 37% | ||
| thetimetravelerz | 0 | 24,006,175,600 | 37% | ||
| investegg | 0 | 273,273,754,385 | 6.7% | ||
| lifecruiser | 0 | 2,924,079,973 | 18.5% | ||
| carlos84 | 0 | 267,130,856,953 | 80% | ||
| alvinauh | 0 | 5,311,748,893 | 18.5% | ||
| mtl1979 | 0 | 1,461,924,767 | 34% | ||
| fredkese | 0 | 3,063,650,469 | 11% | ||
| siggiboy81 | 0 | 1,906,027,586 | 100% | ||
| hendersonp | 0 | 4,704,008,073 | 40% | ||
| amestyj | 0 | 474,904,353,167 | 80% | ||
| sandracarrascal | 0 | 212,177,021,671 | 80% | ||
| madridbg | 0 | 489,953,875,788 | 80% | ||
| tolustx | 0 | 9,801,229,512 | 68% | ||
| fortunex | 0 | 3,413,730,558 | 18.5% | ||
| phgnomo | 0 | 18,132,283,008 | 68% | ||
| benie111 | 0 | 6,734,433,356 | 36% | ||
| adityajainxds | 0 | 41,572,658,278 | 80% | ||
| sholly1 | 0 | 1,736,808,667 | 37% | ||
| gamsam | 0 | 874,339,399 | 68% | ||
| legoman | 0 | 3,919,000,010 | 37% | ||
| adesojisouljay | 0 | 17,225,971,051 | 40% | ||
| mmmmkkkk311 | 0 | 129,918,796,069 | 10% | ||
| gandhibaba | 0 | 542,197,859 | 3.7% | ||
| culgin | 0 | 147,280,252,228 | 100% | ||
| trabajosdelsiglo | 0 | 6,577,634,527 | 68% | ||
| wilhb81 | 0 | 47,062,962,160 | 9.25% | ||
| rbalzan79 | 0 | 575,712,681,485 | 80% | ||
| lanzjoseg | 0 | 29,029,746,227 | 17% | ||
| gabyrutigliano | 0 | 965,677,721 | 37% | ||
| emiliomoron | 0 | 251,699,191,231 | 80% | ||
| sunrawhale | 0 | 1,915,497,515 | 100% | ||
| victorialanz | 0 | 1,300,412,039 | 29.6% | ||
| yurilaya | 0 | 2,517,340,192 | 18.5% | ||
| suanky | 0 | 638,493,492 | 68% | ||
| alexaivytorres | 0 | 282,005,032,475 | 80% | ||
| yohan2on | 0 | 13,695,681,034 | 68% | ||
| ygalue90 | 0 | 303,763,419,699 | 80% | ||
| zoniacb | 0 | 4,502,253,066 | 37% | ||
| peerzadazeeshan | 0 | 1,476,819 | 27.75% | ||
| josevas217 | 0 | 214,651,100,812 | 68% | ||
| karupanocitizen | 0 | 40,143,256,038 | 80% | ||
| d-zero | 0 | 80,639,783,584 | 100% | ||
| mariuszkarowski | 0 | 5,301,721,432 | 10% | ||
| franyeligonzalez | 0 | 7,294,355,264 | 40% | ||
| informator | 0 | 517,839,047 | 5% | ||
| anyelina93 | 0 | 322,111,204,857 | 80% | ||
| machnbirdsparo | 0 | 23,283,175,590 | 68% | ||
| garybilbao | 0 | 6,521,883,264 | 30% | ||
| mariusfebruary | 0 | 5,742,557,689 | 18.5% | ||
| fucho80 | 0 | 592,258,373 | 68% | ||
| crypto.piotr | 0 | 63,578,161,852 | 37% | ||
| minerthreat | 0 | 12,389,082,075 | 18.5% | ||
| ntowl | 0 | 515,341,791 | 10% | ||
| akdx | 0 | 9,644,543,714 | 9.25% | ||
| yusvelasquez | 0 | 150,510,671,945 | 80% | ||
| truthtrader | 0 | 1,344,950,795 | 34% | ||
| tysler | 0 | 2,622,602,982 | 35.15% | ||
| foxicoreviews | 0 | 912,723,657 | 54.4% | ||
| pinedaocl | 0 | 3,353,788,389 | 80% | ||
| karamyog | 0 | 154,564,584,293 | 37% | ||
| shortsegments | 0 | 2,679,545,169 | 1.85% | ||
| mastersa | 0 | 2,245,329,870 | 44% | ||
| cyberspacegod | 0 | 1,588,262,925 | 100% | ||
| smartvote | 0 | 46,660,557,035 | 2.2% | ||
| indianapatt | 0 | 830,720,340 | 37% | ||
| rakison2 | 0 | 778,363,392 | 18.5% | ||
| sbi7 | 0 | 7,395,622,320 | 2.94% | ||
| rubenp | 0 | 12,520,325,865 | 80% | ||
| erica005 | 0 | 2,601,230,085 | 22.2% | ||
| deathcross | 0 | 36,884,959,047 | 100% | ||
| carlir | 0 | 397,057,754,854 | 80% | ||
| lupafilotaxia | 0 | 951,506,635,337 | 80% | ||
| vgalue | 0 | 684,628,225 | 20% | ||
| alaiza | 0 | 209,848,580,122 | 80% | ||
| steemitcentral | 0 | 150,284,854,628 | 70% | ||
| pboulet | 0 | 507,952,272 | 0.7% | ||
| perazart | 0 | 1,380,024,088 | 37% | ||
| voter003 | 0 | 9,047,733,432 | 4.7% | ||
| alokkumar121 | 0 | 717,922,337,913 | 80% | ||
| crassipes | 0 | 161,984,748,224 | 80% | ||
| delegate4upvot | 0 | 535,980,087 | 100% | ||
| unbiasedwriter | 0 | 905,235,505,675 | 80% | ||
| creativeblue | 0 | 152,558,385,365 | 68% | ||
| chucho27 | 0 | 405,468,750,055 | 80% | ||
| agrovision | 0 | 32,670,668,421 | 80% | ||
| harpreetjanda | 0 | 545,949,535 | 2% | ||
| janettyanez | 0 | 13,298,096,317 | 11.1% | ||
| thethomasstories | 0 | 519,720,743 | 100% | ||
| reverseacid | 0 | 6,014,089,419 | 37% | ||
| dgalan | 0 | 663,431,306,899 | 80% | ||
| eliasseth | 0 | 4,541,499,992 | 40% | ||
| abneagro | 0 | 28,222,481,461 | 80% | ||
| noeliazul | 0 | 1,549,602,834 | 34% | ||
| pablo1601 | 0 | 35,712,645,868 | 34% | ||
| ohwhataday | 0 | 2,218,372,189 | 100% | ||
| veronik28dic | 0 | 742,659,194 | 37% | ||
| edgarare1 | 0 | 2,582,224,195 | 68% | ||
| shainemata | 0 | 520,996,388 | 1% | ||
| mintymile | 0 | 1,880,729,975 | 54.4% | ||
| bearableguy123 | 0 | 3,236,514,382 | 100% | ||
| phatima | 0 | 4,805,510,419 | 100% | ||
| esclavos75 | 0 | 5,641,469,825 | 34% | ||
| blackbird24 | 0 | 530,536,072 | 37% | ||
| ctime | 0 | 75,357,846,320 | 2.5% | ||
| help.venezuela | 0 | 48,513,330,736 | 30% | ||
| reeta0119 | 0 | 319,241,718,435 | 80% | ||
| tinster | 0 | 526,160,745 | 18.5% | ||
| gurseerat | 0 | 775,443,985 | 2% | ||
| tomlee | 0 | 3,696,179,279 | 51% | ||
| pablo1601.sports | 0 | 679,623,754 | 34% | ||
| project.hope | 0 | 516,427,098,189 | 37% | ||
| ph-fund | 0 | 1,549,325,779 | 37% | ||
| jgb | 0 | 22,264,321,332 | 76% | ||
| hope.venezuela | 0 | 477,447,370 | 68% | ||
| awah | 0 | 14,898,548,330 | 11.1% | ||
| doppley | 0 | 1,372,747,783 | 68% | ||
| fengchao | 0 | 4,812,312,684 | 2% | ||
| luckyali | 0 | 17,814,449,650 | 80% | ||
| laruche | 0 | 32,904,024,815 | 0.7% | ||
| anahid | 0 | 3,061,367,244 | 68% | ||
| defi.campus | 0 | 11,653,969,927 | 50% | ||
| ph-support | 0 | 1,181,289,179,522 | 37% | ||
| nazaleo | 0 | 35,470,945,379 | 80% | ||
| talktofaith | 0 | 605,893,213 | 100% | ||
| mandate | 0 | 5,190,435,210 | 50% | ||
| chaodietas | 0 | 101,031,315,215 | 80% | ||
| great-a | 0 | 8,250,464,574 | 100% | ||
| gonklavez9 | 0 | 1,837,406,624 | 100% | ||
| rupinder | 0 | 139,564,263 | 2% | ||
| mccoy02 | 0 | 31,707,258,650 | 68% | ||
| lennyblogs00 | 0 | 28,474,800,953 | 100% | ||
| genx-miner | 0 | 1,188,423,041 | 100% | ||
| curation.hive | 0 | 1,326,216,915 | 100% | ||
| top.curation | 0 | 1,315,365,740 | 100% | ||
| hive.top | 0 | 1,152,265,139 | 50% | ||
| jlvillamizar | 0 | 10,733,774,633 | 37% | ||
| cristanza42 | 0 | 35,102,185,418 | 80% | ||
| sidalim88 | 0 | 78,257,145,507 | 80% | ||
| ga38jem | 0 | 1,601,025,571 | 100% |
Congratulations @unbiasedwriter! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s): <table><tr><td><img src="https://images.hive.blog/60x60/http://hivebuzz.me/badges/postallweek.png"></td><td>You have been a buzzy bee and published a post every day of the week.</td></tr> </table> <sub>_You can view your badges on [your board](https://hivebuzz.me/@unbiasedwriter) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub> <sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub> ###### Support the HiveBuzz project. [Vote](https://hivesigner.com/sign/update_proposal_votes?proposal_ids=%5B%22199%22%5D&approve=true) for [our proposal](https://peakd.com/me/proposals/199)!
| author | hivebuzz |
|---|---|
| permlink | hivebuzz-notify-unbiasedwriter-20211213t060742 |
| category | hive-167922 |
| json_metadata | {"image":["http://hivebuzz.me/notify.t6.png"]} |
| created | 2021-12-13 06:07:42 |
| last_update | 2021-12-13 06:07:42 |
| depth | 1 |
| children | 0 |
| last_payout | 2021-12-20 06:07:42 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.033 HBD |
| curator_payout_value | 0.032 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 809 |
| author_reputation | 368,148,513,119,703 |
| root_title | "Reflective interest on coins and volume based rewards - a new concept that normally fail after a few days!" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 108,508,210 |
| net_rshares | 35,118,177,861 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| unbiasedwriter | 0 | 35,118,177,861 | 3% |
Have you heard about ETHP on Avalanche? It seems quite hot, and people are writing good stuff about it. Do you have any idea? Is it the same as AVAPAY and Zaza?
| author | thethomasstories |
|---|---|
| permlink | re-unbiasedwriter-r41he1 |
| category | hive-167922 |
| json_metadata | {"tags":["hive-167922"],"app":"peakd/2021.09.1"} |
| created | 2021-12-13 05:46:48 |
| last_update | 2021-12-13 05:46:48 |
| depth | 1 |
| children | 1 |
| last_payout | 2021-12-20 05:46:48 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.033 HBD |
| curator_payout_value | 0.033 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 160 |
| author_reputation | 2,745,824,897,148 |
| root_title | "Reflective interest on coins and volume based rewards - a new concept that normally fail after a few days!" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 108,507,804 |
| net_rshares | 35,139,022,088 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| unbiasedwriter | 0 | 35,139,022,088 | 3% |
Heard about it, and even released an article about it: https://www.ipaddressguide.org/why-i-wouldnt-invest-in-etherprint-or-other-reflection-payment-coins-like-avapay-zaza-and-others/ To be honest, it is keeping up better than the other tokens mentioned here, but I would still be careful with it. They are promising more stuff than just reflection gains, but I am doubtful!
| author | unbiasedwriter |
|---|---|
| permlink | re-thethomasstories-r41mfu |
| category | hive-167922 |
| json_metadata | {"tags":["hive-167922"],"app":"peakd/2021.09.1"} |
| created | 2021-12-13 07:35:54 |
| last_update | 2021-12-13 07:35:54 |
| depth | 2 |
| children | 0 |
| last_payout | 2021-12-20 07:35:54 |
| 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 | 377 |
| author_reputation | 299,996,464,871,436 |
| root_title | "Reflective interest on coins and volume based rewards - a new concept that normally fail after a few days!" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 108,509,694 |
| net_rshares | 0 |
hiveblocks