🤣 LOLZ Project Update - New Fun Bot Stuff, New Holding Requirements, New Token/Frontend, THGaming Alliance, To-Do List, and LOLZ Free For All 🤣

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(Edited)

Project Update

Hey everyone! Been a great few weeks for The LOLZ Project so I figured I'd better get an update out to talk about it!

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More Fun with @lolzbot

Have you noticed anything different about @lolzbot? We have added a new twist to our bot that we hope you will like.

The last line of our comment always said "Use the !LOL or !LOLZ command to share a joke and an $LOLZ." That was (and still is) good to help new users understand how to use the LOLZ command, but we feel that we can probably mix it up a little now that LOLZ has been around for awhile.

So now the last line rotates between a few different lines to help folks learn about LOLZ Defi and LOLZ Dividends.

But we didn't stop there. Now every time you use the LOLZ command there is a chance you might get tipped some LUV or PIZZA.

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We even dropped our favorite triple combo "!gif !LOLZ !MEME" command in there to give you a wall of fun!

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We are starting to save up some PGM and BEER to be able to give those tokens out soon too. Who knows, we may even PIMP slap you some time in the near future!

This new code is also going to be used to rotate some promotions from our partners as part of LOLZ Ads in the near future. More on those plans in a future post.

New Token and Frontend In Our Future

We have mentioned before that we had plans to make LOLZ stakeable and make it a tribe. Well, we have been reconsidering that plan. Frankly, we like the balance we have created with the LOLZ token and LOLZ Defi and don't want to mess that up by increasing the inflation rate by turning it into a tribe.

So does that mean we have given up on the idea? Oh heck no! That isn't how we roll at The LOLZ Project.

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So rather than risk screwing up the LOLZ tokenomics we have worked so hard to create, we have decided to create a sister coin (two actually) and build a tribe around it. The new tribe won't just be about jokes, but comedy, memes, funny stories, games, and more. Basically a one stop shop for all things fun on Hive.

While we are still working out the details, we are planning to create the new token and a mining token. We will be selling the mining tokens to fund the new tribe to allow staking and eventually delegation of the new token. We are also planning an airdrop of the new token to our LOLZ holders too so keep building those stacks!

Keep an eye out for future details. We have some learning to do yet on exactly how to manage a tribe and reward pools as well as setting up a mining token. But it is coming, be sure of that.

THGaming Collaboration

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Maybe you already saw this post from @thgaming, but the LOLZ Project has teamed up with @thgaming! We scored a big THGAMING delegation in return for a commitment to contribute to there diesel pool.

In addtion, I (@captaincryptic) traded all my LOLZ for THGAMING (and some BEE) to add even more upvoting power to our THGAMING and BEE curation bots. And more curation power means more tokens for our users and more dividends for our holders! Please don't take this move as me selling out - I want my tokens back - so I have been increasing my delegations to farm more LOLZ! I'm not just the owner, I'm also a customer! LOLZ

We are working to build more collaborations and can use your help! If you happen to be chatting with @raymondspeaks, or @enginewitty, @thelogicaldude, or any of the other tribe owners - put a good word in for us!

Now Holding Requirements

As we posted in our last update, on June 1 we increased our holding requirements for using the LOLZ token. The new holding requirements are as follows:

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While we never say never regarding increases to our holding requirements, we are pretty confident that we won't need to do any more increases for quite some time if ever.

New Restrictions on Use

As we have mentioned, The LOLZ Project has joined several of the other tipping token owners to address abuse of the tokens. One thing many of us have agreed on is that there are some users that are abusing the tokens by creating "contests" or other games that are just intended to create comments where the participants can tip each other in the comments.

While we support the idea of using the tips in games and contests, we feel the degree to which some have taken it crosses the line into abuse. Users are not just tipping one, or two tokens, but whole walls of tokens in one comment.

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So to address this misuse we at The LOLZ Project have decided to limit the number of other tipping commands that can be used with LOLZ to just one other command. So you will be able to use !LOLZ with !PIZZA, or !BEER, or !LUV ... but you won't be able use it with !PIZZA !BEER and !LUV.

Two exceptions will be allowed. The !GIF and the !MEME commands will not be counted towards the limit since these two commands aren't really tipping tokens and we think they compliment the LOLZ token.

We will be implementing this change in the coming week so please plan accordingly. BEER has already made this change, and LUV and HBITS will be implementing it in a few days.

As we have said before, if you are using our tips as a way to benefit yourself you are on slippery ground.

Ending Token Buy Backs

As you likely know, we are creating two automated posts each day to share the LOLZ Farming details. Until now, the HBD earnings for those tokens have been used to first pay the LOLZ server costs, and then to buy and burn LOLZ tokens by building a buy wall.

Because the market for LOLZ has been pretty solid, and the earnings pretty weak, we have decided the buy backs will have little impact on the market for LOLZ token and that those earnings would be better used to help develop The LOLZ Project.

As such, starting with next weeks posts, all HBD earnings form the automated posts will be used to pay bills and support development. The HBD earnings from previous posts has been used to create a buy wall, well maybe a buy step, to help prevent major sell offs. Those funds will remain until/if the wall is hit.

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To-Do List

We made a little bit of progress on our To-Do List, but have started adding some items too.

  • Add new tokens to LOLZ Curation
  • Add new tokens to LOLZ Defi
  • Add HIVE delegation to LOLZ Defi
  • Work on more collaborations with tribes
  • Start daily LOLZ Contest
  • Create new tokens
  • Setup new frontend
  • Restrict use of multiple tipping commands

LOLZ Free For All

What would an LOLZ Update be with out a LOLZ Free For All? You can earn upto 3 LOLZ in this giveaway!

  • Drop us a comment below (1 LOLZ)
  • Tag a friend in your comment (1 LOLZ)
  • Re-blog this post and tell us you did in the comments (1 LOLZ)

About the LOLZ Project

The LOLZ Project is an engagement project with the mission of spreading laughter and joy on the Hive blockchain. Hive users can use the !LOL or !LOLZ command in comments to share a clean joke and tip the author an $LOLZ token.

Help Support the LOLZ Project

Here are some easy ways you can help support the LOLZ Project -

  • Use the !LOL and !LOLZ command often to tip fellow Hive authors.
  • Upvote and re-Hive our posts. All rewards will be used to help cover server costs and increase curation value.
  • Delegate Hive tokens and HIVE to earn LOLZ Farming rewards.
  • Follow @lolztoken and participate in our airdrops, contests, and giveaways.

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167 comments
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@michupa, check it out how ABSOLUTELY WONDERFUL are these updates!

LOLZ? PGM? THGAMING? PIMP? Everyone together? That can't be true. That shouldn't be allowed. Isn't this illegal? Sounds like illegal!

(Also, reblogged 😝)

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And I'm trying to work something with the Cartel and 1UP too! !LOLZ

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Doctors tell us there are over seven million people who are overweight.
Of course, those are only round figures.

Credit: reddit
@luizeba, I sent you an $LOLZ on behalf of @lolztoken
Use the !LOL or !LOLZ command to share a joke and an $LOLZ
(1/10)

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Re-blogged! As per usual, great work! Really looking forward to the updates! New Tribe! Woo hoo!
!gif !LOLZ !MEME

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My roommate keeps saying that our house is haunted.
But I've lived here for last 216 years, and haven't heard anything unusual.

Credit: reddit
@lolztoken, I sent you an $LOLZ on behalf of @arpuch
Did you know that $LOLZ is a Dividend Token too? Find out more at LOLZ Defi.
(1/10)

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Thanks for the update! !LOLZ

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You are welcome! Thanks for the support! !GIF !LOLZ !MEME

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excelentes cambios !LOL

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@ijat check out these updates. I reblogged this post.

!LOL
!PIZZA

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(Edited)

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

PIZZA Holders sent $PIZZA tips in this post's comments:
chapelle tipped lolztoken (x1)
dubble tipped lolztoken (x1)
curation-cartel tipped lolztoken (x1)
thatcryptodave tipped lolzbot (x1)
darmst5339 tipped lolztoken (x1)
@savvytester(3/5) tipped @lolztoken (x1)
serhotest tipped lolztoken (x1)
ijat tipped darmst5339 (x1)
servelle tipped lolztoken (x1)
thatcryptodave tipped lolztoken (x1)
manuvert tipped lolztoken (x1)

Join us in Discord!

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You really are keeping busy... and keeping the #LOLZ project on top of the Hive mind. Beautiful. I've reblogged this update and I encourage my good friend, @kpfreelance, to get involved before she gets left behind.

!PIZZA
!HBIT

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Thanks for the support! !DROPLOLZ 3

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What is better than a kick in the teeth?
An LOLZ Airdrop!

@thatcryptodave - You received a 3.0 $LOLZ airdrop.

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You had me at "pimp slap". ❤️
Still a new kid (slow) kid on the block, but I'm a dedicated smart-ass reporting for duty! Reblogged, sir! Paging a newcomer with charisma: @kaaskop... can we count on you to defend our right to be merry? 😏

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Thanks for the support! !DROPLOLZ 3

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What is better than a kick in the teeth?
An LOLZ Airdrop!

@smartalectees - You received a 3.0 $LOLZ airdrop.

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Hey thanks for the update, this all sounds pretty good. I like the fact you will allow two tips together, I like to use a combination (not 5 or 6...). Great work!
And reblogged.
!PIZZA

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Great job!!
!gif wow

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I am excited to see new Hive LOLZ frontend tribe. Now LOLZ command occasionally gifts PIZZA and LUV wow what a nice treat. Good going love it.

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Reblogged @imboomz.

Been a while since I dropped a comment here and checked the updates. This project has come a freaking long way since I found it. Keep up the great work!!

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The Airdrop will also affect the pool meme vs LOLZ?

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Hmmm... I may have to see if I can figure out how to tell who has what in the pool. That would be the right thing to do.

Thanks for the support! !DROPLOLZ 3

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Glad to get a ruling on the tip walls. I used to do lolz and !PGM on many posts and then I'd end up getting back 3-4 so I'd feel the need to give back 3 or 4. Now its just totally out of hand and it's started feeling like abuse.

Reblogged.

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

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!

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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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Impressive work !
!gif !LOLZ !MEME
!PIZZA
tag: @gestion.alive
re-blogged

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New token ? I can't wait to know more
come here bro @chapelle
reblog
!PIZZA
!LOLZ

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Very interesting 👀
!CTP
!LOLZ
!PIZZA
!ALIVE
tag @thx.bht
reblogged

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I think this is a good move. I've been guilty of using more than 3 tags but only on 1 or 2 post. I'm glad tho that there's a limit. I've noticed recently those that do use all tags for each reply runs out of tip tokens... So it looks like they sent tip but when you look in wallet there's no tips cuz all the commands was used. Not that I'm that worried about that either cuz it's the thought that counts for me but still I'm sure it's disappointing for someone new seeing a tip command but no tip in their wallet.
Anyways, I just started a contest... I'll add this info to help spread the word. Thanks for job well done.

@dubble... Info on tip tokens. Not sure if you're aware and also Tagging you for the contest 😁

Reblogged

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Yes, that is a second part of the problem.

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Aew @mathfb curte compartilha e tag um amigo no coment que ganha 3 lolz

Great job!
!LUV

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I have reblogged this post.
@darmstrong you might be interested in it.
!LOL
!HBIT

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Don-1UP-Cheers-Cartel-250px.png

You have received a 1UP from @luizeba!

The following @oneup-cartel family members will soon upvote your post:
@oneup-curator, @ctp-curator, @bee-curator, @meme-curator, @pimp-curator, @thg-curator, @cent-curator
And they will bring !PIZZA 🍕

Learn more about our delegation service to earn daily rewards. Join the family on Discord.

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(Edited)

Good choice! I've hosted my giveaways for 230~ some days and it definitely was never like this previously, tipping tokens are flying now days so I can welcome this change as an extremely positive one, if most other tokens follow suite can see the longevity of each project improve drastically. Good job and reblogged!

!LOL
!PIZZA

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What the heck does the "Z" in "LOLZ" mean... "Laugh Out Loud... Zebras"?
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!LOLZ

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!LOLZ ... it is the plural of LOL. So LOL is laughing out loud once. LOLZ is laughing out loud again and again.

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I was in the Post Office queue yesterday when Diana Ross tried to push in.
I said “You can't hurry love, you'll just have to wait...”

Credit: reddit
@bitpizza, I sent you an $LOLZ on behalf of @lolztoken
Use the !LOL or !LOLZ command to share a joke and an $LOLZ
(1/10)

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Upvoted ✅ #THGAMING !PGM !LOLZ

We are now curating #THGAMING #PIMP #LOLZ & #PGM tagged Posts. Be sure to include those Hashtags in your Gaming & Crypto Posts for future upvotes!

>> THGaming Hive Community <<

🔹 THGaming Discord 🔹

🔹 THGaming Twitter 🔹

🔹 THGaming Instagram🔹

🔹 $THGAMING Whitepaper 🔹

Linktree Official - All Social Media links

$THGaming Hivechain posting footer.jpg
$THGAMING on Tribaldex

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

remaining commands 11

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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Reblogged for extra !LOLZ 🤣

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!LOL , I always wondered about the team behind the project , Nice to know the main Hive account @captaincryptic

Reblogged.

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Great to see the improvements. I reblog this post too.
Now I just need to build up some !LOL & !PIZZA

Posted using MemeHive

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Let me test if the !CTP command (which is a fairly new tipping token from the #ClickTrackProfit Hive tribe) is already considered by the @lolzbot as a tipping command that counts towards the "maximum two tips" rule of !LOLZ tipping. 🤔

This is because I recently noticed that one of my comments had three tip commands (!CTP, !PIZZA, and !LOLZ) and the LOLZ still got tipped. 😅 It's also possible that the max two tips rule hasn't been implemented yet. 🤓

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