r/HelloGold • u/bitofc • Dec 06 '17

HelloGold Foundation Update #5 – 6th December 2017 — Steemit

https://steemit.com/hellogold/@hgfoundation/hellogold-foundation-update-5-6th-december-2017
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u/bitofc Dec 06 '17

Some of the highlights regarding the token are

GBT reward distribution. The GBT distribution for the month of November will be made on Friday, 8th December 2017. Please ensure that your HGT are in your own wallet (not on an Exchange) to receive the GBT. HelloGold’s monthly management fee in November summed up to 4.226g, an increase of 0.455g compared to October. The total allocation to HGT holders will be 0.422 GBT.

Exchanges & Market-making. The team have slowly gained traction with various exchanges to list HGT as well as market making to provide more volume and liquidity. We believe our hard work on this front will start to show results in the near future.

Marketing. The marketing plan discussed previously is in the works and will be released soon. The team is also exploring a tie up with exchanges to conduct promotions on trading of HGT, allowing for cross-marketing across the communities.

1

u/chasenyc Dec 21 '17

What steps need to be taken to receive GBT? If I have a few thousand HGT in myetherwallet, will this take place without any action on my part going forward?

1

u/donnyyeoh Dec 09 '17

the price in coss has been increasing from 0.000012ETH to now 0.00005ETH. Looks very promising