Introducing The Fun Tribe and the FUN and FUN Miner Tokens - Air Drop Information, Roadmap, FUN Miner Presale, and Supersized LOLZ Free For All!

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(Edited)

Introducing The Fun Token

The LOLZ Project is thrilled to officially announce our upcoming FUN Tribe and the addition of two new tokens to the LOLZ Project's portfolio - the FUN token and the FUN Miner token.

Are You Ready to Have Some Fun?

What is the FUN token?

The FUN token is the token for our upcoming Fun Tribe. Posters will be able to earn FUN when they blog about fun topics on the Hive blockchain and use one of the following fun tags - #fun, #funny, #lolz, and #jokes. You will also be able to earn FUN when you post on LOLZ's Fun House or use the community tag "hive-155986."

FUN stakers will also be able to earn curation rewards when they curate posts using the #fun tags.


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The Fun Tribe will not be a generic tribe, but the #fun tag can and should be used on all kinds of fun topics like #games, #movies, #travel, #comedy, #jokes, #memes, #giveaways, and many more! The FUN tribe should also pair nicely with a number of other tribes including #meme, #thgaming, #oneup, #cine, and #pgm, just to name a few. Basically any topic that seems like fun is a good topic to use the #fun tag on.

But there are a lot of topics where the #fun tag probably shouldn't be used include boring things like #religion, #politics, #investing, #exercise, and #homework! NSFW content may be appropriate if it is also funny, but please be sure to tag it appropriately.

The LOLZ team asks you to be considerate and only include the #fun tags on posts that are fun in nature.


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What is the FUN Miner Token?

In addition to the FUN token, we have also created the Fun Miner Token (FUNM). FUN tokens can be mined just by holding FUNM tokens.

Once per day, a random draw will select 100 FUNM tokens and their holders will each receive 2 FUN tokens (200 FUNM mined per day total). FUN Mining Token holders receive one ticket for the draw for each FUNM token they own (holdings are rounded down to a whole number, i.e, holding 10.89 FUNM tokens gives the holder 10 tickets to the draw).

For now, a custom script will be used to run the draw. However, as the project progresses we will create a Smart Contract on Hive-Engine to power the drawings.

  • Winners will be selected using Python's built in random picker function (random.choice()).

  • Each draw is independent. A holder can win more than once per day, even with the same ticket.

  • Mining rewards are sent directly to the holders Hive wallet.

Once the Tribe is established and periodically afterwards, the amount of daily FUN mined may be increased to ensure that mined FUN equals at least 20% of total daily FUN distributions.


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Project Phases and Milestones

The LOLZ Token is selling the FUN Miner token on Hive-Engine to fund the creation of the Fun Tribe and other project objectives. As such the timeline for reaching the following milestones is tied to the sale of FUNM token and can be best measured in BEE tokens.

Phase 1 - Create Tokens, Setup Mining Scripts, and Introduction - 200 BEE

We are completing Phase 1 with this Introduction post. We now have the tokens created and the mining script written and tested. And if you are reading this, then we have introduced you to the FUN token.

Phase 2 - Pre-sale of FUNM Tokens - 0 BEE

We are excited to let you know that the pre-sale of the FUNM tokens has started and will last for 2-weeks (ending August 6th).


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During the 2-week pre-sale, FUNM token can be purchased at half price - just 1 HIVE per miner - on Hive-Engine. After the 2-week pre-sale we will be raising the price to 2 HIVE per miner. The proceeds will be used to enable staking of the FUN and LOLZ tokens, delegation for the FUN token, and other project needs.


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Please note, no mining will take place during the pre-sale to ensure all participants in the pre-sale have an even start.

Phase Three - Pre-Mining Period - 0 BEE

After the pre-sale period ends, daily FUN token mining will begin. The pre-mine phase will last for two weeks. During this time miners will be given a "head start" on accumulating FUN token before the FUN tribe is established.


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Phase Four - Setup FUN Tribe and FUN Airdrop - 1000 BEE

BREAKING NEWS: Our pre-sales of FUNM token have already raised the 1000 BEE needed to enable staking and initiate the FUN Tribe. As such we are proud to announce that we will initiate the FUN Tribe on August 20th. Thanks to everyone for their support and interest in the FUN Tribe.

Following the two week week pre-mine, the LOLZ Project will setup the FUN tribe smart contract on TribalDex. We will setup the rewards structure to target an initial annual percentage return (APR) of 150% based on curation earnings. As more and more FUN is staked, the APR will naturally decrease, so once per quarter we will adjust the reward structure to reset the APR to 150%.


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We do want to ask for some patience with us at this point. There are a lot of moving parts in setting up the rewards structure and there isn't a lot of documentation on how to do it. We have chatted with some other tribe owners and looked at their rewards structures and THINK we know what we are doing. But because we don't want to accidentally flood the market, we will begin with a 2-week trail period where we target a 50% APR. Once we have confirmed we have the math right we will adjust the rewards to target the 150% return.

FUN Airdrop

When we initiate the tribe and staking, we will conduct a FUN airdrop to holders of the LOLZ token Token. Holders of LOLZ will receive a FUN airdrop on a 2 LOLZ to 1 FUN basis. So for example, if you are holding 100 LOLZ at the time of the airdrop you will receive 50 FUN tokens.

Hmmm... might be a good time to start loading up on LOLZ if you haven't been already!

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Phase Five: Enable Delegation and Setup Curation Accounts - 1000 BEE

Once we have accumulated enough BEE from proceeds of the FUN miner tokens to enable staking of the FUN token, we will start accumulating again to enable delegation.

We did say that FUN Miner tokens are currently 1/2 off for a limited time, right?

We will have an official FUN curation account with associated curation trail. Of course we will also include FUN as one of the tribes we curate in LOLZ Defi, and plan to work with the Curation Cartel to have FUN included in their curation efforts once delegation is enabled.

We also have some fun ideas on how we can work with Meme Bot 2000 (@meme.bot), and @hivegifbot too. You may have picked up that in this subtle #meme we dropped a couple of weeks ago.

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Phases Six Thru

Well after phase 5 we will have the FUN tribe fully up and running. But if you know anything about The LOLZ Project, you know we are always looking to add fun and new ways to grow the project. As such we will be looking at additional ways to grow value for the LOLZ and FUN tokens. Follow @lolztoken to be the first to get the news!

LOLZ Free For All On Steroids

We need your help to spread the news about the FUN tribe, so we are giving our usual LOLZ Free For All airdrop a double dose of steroids to entice you to share the news with your friends and followers.

You can earn up to 15 LOLZ by taking the following easy steps while this post is active (ends July 31):

  • Comment below and tag a friend (5 LOLZ)
  • Re-blog this post and tell us you did in the comments (10 LOLZ)

About the Fun Token and the LOLZ Project

The FUN token is part of the LOLZ Project which is an engagement project with the mission of spreading laughter and joy on the Hive blockchain.

  • Use the !LOL or !LOLZ command in comments to share a clean joke and tip the author an LOLZ token.

  • Farm LOLZ tokens by delegating Hive Power and Hive tokens.

  • Earn dividends by holding LOLZ tokens.

  • Coming Soon! Earn FUN tokens when you blog about fun things and use the #fun tag.

  • Mine FUN tokens by holding FUNM tokens.

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484 comments
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You broke my heart by saying math it not #fun !LOL

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I watched a documentary on Marijuana last night…
…that’s probably how I’ll watch all documentaries from now on.

Credit: reddit
@lolztoken, I sent you an $LOLZ on behalf of @quekery
Use the !LOL or !LOLZ command to share a joke and an $LOLZ
(1/1)

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Very cool , exciting new things to come I think ... 🤣

Good luck with your new #FUN project 😎

I look forward to the amazing future Airdrop 👍

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SOOOO exciting. I'm very excited about this.

!PGM

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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 15 SBT tokens to @cryptounicorn420, @lolztoken

remaining commands 9

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

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Discord image.png

Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


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I like what you have come up with, sounds like a plan ;)
Reblog, of course!

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10/10 project, would invest again :D

!1UP

You can earn passive income by delegation of tribe tokens to "The Cartel"!


Click the banner to join "The Cartel" Discord server to know more!

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Thanks man! Love the support! Sent the @flauwy a note about the possibility of getting a fun-curator account going! !LOLZ

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!LOL for tipping and FUN curating.

Tagging @captainquack22 and I have reblogged the post too.
I just noticed that I am getting rewards from lolz.pool too.

Do we need the additional #fun tag or I just put #oneup tag and it still get automatically qualified.

Please think, putting so many tag not feasible , so at least accommodate the current gaming communities tag by default.

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I love it already, I just hope that gardening is fun from your point of view? Reblogging in any case!

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OK - I already love LOLZ, and have to say FUN sounds great ! I'm in ! I'm going pick up some miners now.
@engilhramn - this may be of interest ! Plus check out the airdrop part above for those holding LOLZ !

Posted Using LeoFinance Beta

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Awesome! Thanks for the support. I will hit you up with the !LOLZ for the tag and reblog soon!

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Many thanks - and I just bought a few FUNMs, and also some extra LOLZ in anticipation of the airdrop - looks like a great project !!!

Posted Using LeoFinance Beta

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And I'm confirming that I have reblogged @hoosie - many thanks !

Posted Using LeoFinance Beta

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That's really FUN
tag @servelle
reblogged
!gif !LOLZ !MEME
!PIZZA
!LUV

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Awesome! Thanks for the support. !DROPLOLZ 9

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Thank you so much 🤡
!gif !LOLZ !MEME

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Thank you for your witness vote!
Have a !BEER on me!
To Opt-Out of my witness beer program just comment STOP below

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(Edited)

PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
manuvert tipped lolztoken (x1)
ifarmgirl tipped projectmamabg (x1)
h3m4n7 tipped lolztoken (x2)
chapelle tipped lolztoken (x2)
definethedollar tipped lolztoken (x1)
projectmamabg tipped lolztoken (x1)
servelle tipped lolztoken (x1)
serhotest tipped lolztoken (x1)
bacon-dub tipped lolztoken (x1)
@sieghard1990(2/5) tipped @lolztoken (x1)

Please vote for pizza.witness!

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A lot of new stuff, it's very exciting 😀
tag @chapelle
reblogged
!CTP
!PGM
!LOLZ

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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 15 SBT tokens to @servelle, @lolztoken

remaining commands 6

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

image.png
Discord image.png

Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


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Thanks for the support! !DROPLOLZ 9

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Thanks a lot !
!CTP
!PGM
!PIZZA
!LOLZ

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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 15 SBT tokens to @servelle, @lolztoken

remaining commands 5

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

image.png
Discord image.png

Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


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Let's have fun, @gestion.alive ça va t'intéresser 👀
reblog done
!CTP
!LOLZ
!PIZZA
!ALIVE

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Thanks for the support! !DROPLOLZ 9

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This seems like a great project and I sure think I will get involved in it! I also reblogged!

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(Edited)

Congratulations! The !LOLZ project is always making moves.

reblogged

!WINE

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This is definitely a very good one right here and @pthker2010 need to see this.

Also to that have such tribe will definitely Increase the level of creativity on the hive Blockchain, imagine posting jokes to earn, that is definitely another level of bringing in a perfect engagement.

Rebloged immediately

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Everything Seems to be very juicy here and definitely it is not j what a single person should enjoy alone

@houseofdavid need to see this also.

Definitely this another massive steps to greatness on hive system, it time to farm some fun token right now

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Can't wait to have more fun!!!
!LOLZ

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For the records @wa-cha should check this out too, it is pretty #FUN already.

Nice initiative and a very good one, from the mining and the draws daily, this is completely a very good project

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Just placed my order for some LOLZ on Tribaldex! Finally I will get those 16 LOL to start giving away some LOLZ :)

I think this will interest you @hoosie

Reblogged!

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Many thanks - I had already noticed it. It looks really good. And the more LOLZ you have, the more airdrop you'll get !

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Woo hoo! Now it’s time to have some Fun!
So excited for this Tribe!
Re-blogged and I’m going to tag @gondek, as his lotteries are always #FUN!

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@redkeng3 let have some $fun token

Upvoted and reblog

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reblogged and tagged @aldrahad
thanks for the #fun opportunity!
!LOLZ

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(Edited)

The LOLZ project is really great, looking forward to a good development.
tag @brianhuang
Have a great day.
!CTP
!PGM

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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 15 SBT tokens to @steem82868, @lolztoken

remaining commands 9

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

image.png
Discord image.png

Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 15 SBT tokens to @steem82868, @lolztoken

remaining commands 5

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

image.png
Discord image.png

Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


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Interesting project! Reblogged.

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This is soo exciting and I am so proud of you my friend 🤗
You worked hard and I can't wait to see where this goes.
Lots of exciting things happening.
Stay Awsome and look out....
For the 🤗🍑🤗 Butthug 😁 lol

!LOLZ

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Thanks for the update, that sounds really... fun... Sorry...
Anyways, it's reblogged.
Have a great week ahead, !ALIVE
!PIZZA

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Hey... see that the !DROPLOLZ 9 didn't seem to work, so coming back and making things right! Thanks!

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Reblogged
@imboomz
!LOLZ

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Man! This is an epic post, well done. I’m impressed enough that I’m going to put my money where my mouth is and snag up some of them tokens. 💪

Probably a redundant tag, but @jim-crypto

P.S. I reblogged this post. 👍

!PIZZA
!PIMP
!LUV

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@thgaming has picked up 200 FUNM so far 😊

!PIMP
!LOLZ
!PGM

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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 15 SBT tokens to @jim-crypto, @definethedollar

remaining commands 14

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

image.png
Discord image.png

Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


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These are indeed fun times. I guess this adds a whole new meaning to this phrase.

Have fun everyone. :-D

By the way, I imagined video games featuring the Fun token. That would take this too to a new level.

I see opportunity in it. But I am not a software developer.
What do you think about this? Do you see the possibility of having video games supporting the fun token?

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