5/12 ANDY HOFFMAN (CryptoGoldCentral.com): BRhodium’s Pioneering Strong Hands Dividend Program – Unparalleled In Crypto

BRhodium’s is the FIRST altcoin to be initially distributed as an airdrop to Bitcoin holders. When it was conceived in December 2017, 840,000 of the lifetime cap of 2.1 million (10% of Bitcoin’s supply) was allocated for the airdrop – but for various reasons, just 582,857 were claimed.

The team’s anonymous developers pondered what to do with the issued, but unclaimed 257,153 XRC for many months. Their first thought, when the project was still in the TestNet phase, was to distribute it as gifts to causes favorable to BRhodium, and cryptocurrency in general. However, upon further thought, it was determined that the selection process would be highly subjective; and thus, as likely to harm XRC as help it.

Instead, an utterly brilliant idea was conceived - to distribute it as in-kind dividends to XRC holders. Not just any holders – as in stocks, where the only requirement is to possess stock on the date of record; but “HODLers” – or as I deem them, BRODLers, who experience zero negative balance movements in their wallets.

The plan, announced in December, was initially to be ANNUAL. Wherein, equal payments of 257,153/8 = 32,144 XRC would be made each year for the eight-year life of the program, distributed evenly to wallets experiencing zero negative balance movements from the time of the January 1st, 2019 snapshot date until the next snapshot January 1st, 2020.

However, due to strong investor demand – if anything, to create four annual price catalysts – it was changed to a quarterly program in March. Thus, there are now 32 compounding periods, based on quarterly snapshots. The first just occurred, when 8,036 (32,144/4) XRC were distributed in early April – with the next snapshot occurring on July 7th, after a one-week grace period to move XRC between wallets…presumably, due to expectation that the next Trezor firmware update will occur before then, enabling XRC investors to move coins from the web and electrum wallets.

Ultimately, 257,153 XRC, or 12% of the 2.1 million lifetime coin cap, will be distributed via Strong Hands over the next eight years – yielding significantly powerful investment returns for BRODLing. To wit, the first distribution had an annualized yield of 5.7% - which could be much higher if there are periods of strong XRC market selling. Conversely, it would be lower if less people sell – which likely, means the price significantly rose.

So, not only did BRhodium pioneer the distribution via BTC airdrop, but the in-kind crypto dividend – which in both cases, were so successful, my new project, MWC, has been modeled after them!

When Coinmarketcap.com listed BRhodium last month – mere days after its public code release, it left the “circulating supply” number blank, despite having been given all information about supply by the developers. They still haven’t updated it – which would enable XRC to be “ranked” by market cap…and perhaps the “Strong Hands” escrow account is the reason, given that no other coin has a similar mechanism.

Ultimately, they will determine XRC’s “circulating supply” – but frankly, it doesn’t make much difference whether its market cap is based on 875,000 XRC, 625,000 XRC, or something in between. Either way, it’s incredibly scarce – more so now, given significantly increased mining difficulty; and incredibly undervalued, given how unique its attributes are - with significantly increased reach from its rapidly rising hash rate.

As for Strong Hands, I view this pioneering coin trait one of the most valuable in the altcoin universe – which currently, has no peer. I can see nothing negative about its current structure; and to the contrary, believe it is one of XRC’s most powerful value propositions.

BRhodium currently trades on p2pbp2.io, Trade Satoshi, Fat BTC and Bisq. If you have questions about anything XRC-related, including OTC trading, please email me at [email protected], or DM/PM me on Twitter or Discord.