UPDATED May 23, 2021
WARNING! WILL ONLY SEND TO YOROI OR DAEDALUS WALLET!!!
PigyToken is Cardano based cryptocurrency that distributed by SPO as additional rewards to delegators and #Dogecoinkiller [This statement is not approved by Dogecoin Community].
What is PigyToken are for?
It is to help us Stake Pool Operator, especially the small one, to distribute more rewards to the delegators instead of rewards that are available from staking reward.
Why give more rewards, delegators already get their rewards right?
Not always, you see, for the really small pool that have staking smaller then 1,000,000 ADA, Their chance to get block are really slim. I’ve been there and I am now too. So, hopefully by giving some extra they will stay for another epoch.
So how the delegators convert their PIGY to ADA?
At this moment, I don’t think there are any available service that can do this. But, in the future I see that there will be SWAP that can convert this Native token to ADA. 1. If you are an Expert in Cardano Developers, please help me to confirm this.
How many PIGY do you mint?
I mint 100,000,000,000 PIGY. One time only.
Why you give so many zero why don’t you just mint say 1,000,000?
When later if I manage to sell it to public, it is much easier to sell the token in fraction of cents rather then to sell in a dollar.
If you manage to sell your token in the future, what will be the price you looking for?
I’m thinking to start from 1 ADA = 1,000,000 PIGY. It’s like 1 PIGY = 1 lovelace. Then we can start from there. But, the real price will be base on supply and demand in the market. Technically, the price will be depend on the market. This is only my projection. Not financial advise.
How this whole system work?
The aim will be like this
The SPO giving reward to delegators (It should be with the term like if you stay 2 epoch I give you 500,000 PIGY or If you have more then 1 million ADA delegate to us for 2 epoch I give you 1,000,000 PIGY, it can be any condition, and so on).
Then after that, if the delegators want to convert the token they can go to SWAP/exchange 2. This need to confirm
Then SPO will buy again from the SWAP/exchange.
Can you make this like a program or automatic for the SPO?
Maybe, after Goguen launching and if someone can help develop or colaborate with me. 3. Any expert can confirm this can be made?
What is the worst scenario of having this PIGY?
As like other crypto asset. The price is going zero.
What is the best scenario of having this PIGY?
How much supply right now in the market?
Right now I plan to drop around 25,000,000,000 PIGY. The rest I just let it there and unused, or maybe for future development.
How do you plan for distributing the PIGY Token?
30,000,000,000 for Founder
25,000,000,000 distribute to SPO
5,000,000,000 for reserve
40,000,000,000 for development
Do you have a roadmap?
I plan to make one. But, I work alone and this I can do in my spare time.
Why you write in this forum, do you have your own website?
Ask I told you, I work alone. This is the fastest way to answer many question I get from Twitter and Telegram.
Why PIGY? Why not other cute animal?
Why Dogecoin Killer?
I think Dogecoin is a phenomeal coin and It start rising because Elon Musk moking it. I have no idea what’s Elon purpose. But, once he’s boring with the joke and start s**t about it, the Crypto universe will be loosing half of it’s value. You know like Thanos snap.
And it will bring the whole crypto universe into chaos. Because, risky investment such as cryptocurrency is still in infancy phase. People need trust to what their put their money at, then when this billionaire make it as a joke. Then we’re all doomed. To make it easy is That Dogecoin that he moking is the infinity gauntlet of the Crypto Universe. Take it from him or destroy it before he’s snap (hopefully not).
Why you are so slow in responding Tweet or Telegram?
I work alone.
How to get PIGY?
Ask your SPO, At this moment I only distribute to SPO only.
Who are you?
My name is Dan, I’m from Indonesia, and I operate a stake pool called ICRYP. Oh yeah, I’m a computer science drop out too from US.
How old are you?
Older then Charles. But, I maybe the last generation of Millennial.
How long have you been in this space?
Crypto? 2018 I guess. And Start cardano I think end of 2018.
What can I do to help you?
Please help me to promoting #PigyToken and #Dogecoinkiller. If you are familiar with Cardano development and want to collaborate with me. Feel free to contact me. Through this forum or my Twitter.
I’m a SPO, I want PIGY?
Contact me or DM me. Please mention which SPO are you from. I will distribute 10,000,000 PIGY to each SPO. According to my estimation there are about 2500 SPO right now. If I manage to distribute to them all then There will be 25,000,000,000 PIGY in circulation. Which I think It’s very good.
Do I have to pay to ask PIGY from you?
No, not at this moment. I will give free First 50 SPO. But, after that. Probably 1.5 ADA (this is because I have to send you 1.5 ADA to send PIGY to you, So technically the 1.5 ADA is back to you).
When this “all features” can be available?
I still have no timeframe. Because, I have to wait Cardano smart contract, and the SWAP exchange for Cardano Native Token available.
To be Continue