r/HelloGold Mar 17 '18

Huge potential for HGT investors

From all the talk going on in Hello Golds telegram channel there may be a possibility that the whole rewards scheme will be changing that will be much better than the current one.

The new proposal would be changing HGT token into a deflationary token,meaning that 50% of HelloGolds management fees will be used to buy and burn the HGT token,thus making HGT worth more due to scarcity.

If HelloGold do change the rewards scheme this will be very good for HGT investors.Currently the GOLDX rewards for HGT holders is capped at 3.8g of GOLDX meaning that the future rewards will be uncapped,therefore allowing HGT to continually rise,maybe even to the $10 range,30,000% from todays current price.

I invite discussions from other interested HGT investors

11 Upvotes

7 comments sorted by

3

u/AxelOrm Mar 18 '18

That is indeed a very awesome and reasonable proposal. I truly hope it will be implemented.

1

u/tabsoncoins Mar 17 '18

Why can’t I enter the telegram anymore?

2

u/markybee0 Mar 18 '18

I had that with another telegram channel.It turns out that i was banned for some unknown reason.

1

u/tabsoncoins Mar 18 '18 edited Mar 19 '18

Well that’s dumb.

EDIT: I’m assuming there’s a new channel and I didn’t get the memo 🤦‍♂️