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๐ฃ๐ฅ๐ข๐ฃ๐ข๐ฆ๐๐ ๐๐ข๐ฅ $QUBIC ๐ค๐๐๐ฅ๐ก: ๐ (long post)
If you are a @_Qubic_ maxi please take the time to read this proposal for enhancements on QEarn and then share your thoughts / opinions.
QEarn is an excellent initiative that incentivizes users to lock up their $QUBIC. However, in my view, the current structure has one notable drawback: rewards are inaccessible until the end of the 52-week lock-up period. This means it does not truly function as a source of "passive income". Instead, it operates more like a superior investment vehicle, where the benefits are realized only at the conclusion of the term.
๐ฃ๐๐ฅ๐ฆ๐ข๐ก๐๐ ๐ฃ๐๐ฅ๐ฆ๐ฃ๐๐๐ง๐๐ฉ๐: ๐
As a long-time Bitcoin advocate, I purchase Bitcoin every month. While Bitcoin is an outstanding appreciating asset, it offers no passive income, the value only grows over time.
Before Bitcoin, I was heavily involved in Real Estate. I owned multiple properties, rented them out, and enjoyed consistent monthly cash flow that both funded my lifestyle and built reserves for other investments. While Real Estate had its downsides, the key advantage was that it generated regular passive income. I have since liquidated most of my Real Estate holdings in favor of Bitcoin, but this shift removed my consistent income stream.
Although my active income is currently strong, like many people, I would prefer a reliable source of passive income alongside my primary investments.
๐ง๐๐ ๐ฉ๐๐ฆ๐๐ข๐ก ๐๐ข๐ฅ ๐ค๐๐๐ฅ๐ก: ๐ฎ
In my opinion, QEarn has the potential to combine the best aspects of Bitcoin and Real Estate:
โก๏ธ Like Bitcoin - an appreciating asset that people want to hold indefinitely.
โก๏ธ Like Real Estate - a source of steady, recurring passive income.
This could be achieved by maintaining the current 52-week lock-up structure (including early withdrawal penalties) but distributing rewards WEEKLY or MONTHLY rather than only at the end of the lock up period.
๐ฃ๐ฅ๐ข๐ฃ๐ข๐ฆ๐๐ ๐ฆ๐ง๐ฅ๐จ๐๐ง๐จ๐ฅ๐: ๐๏ธ
1. Maintain Current Lock-Up Rules - Keep the 52-week lock-up with penalties for early withdrawal.
2. Introduce Regular Payouts - Distribute rewards in $QUBIC to a designated wallet on a weekly or monthly basis.
3. Flexible Reinvestment - Allow participants to:
โก๏ธ Automatically reinvest rewards into their locked balance for compounding returns.
โก๏ธ Direct rewards to a separate wallet for spending or other uses.
๐ค๐จ๐๐๐ ๐๐๐ฅ๐ ๐๐ก๐ง๐๐๐ฅ๐๐ง๐๐ข๐ก: ๐ณ
I also propose launching a Qubic Card, similar to platforms like RedotPay, BitPay, Nexo, Wirex, etc... which could:
โก๏ธ Hold only $QUBIC (or potentially support other cryptocurrencies).
โก๏ธ Allow cardholders to spend $QUBIC anywhere Visa or Mastercard is accepted.
If passive income was paid out regularly and could be spent directly via such a card, the incentive to lock up significant amounts of $QUBIC would increase substantially. People could cover lifestyle expenses, reinvest surplus rewards, and continue to accumulate more $QUBIC.
๐๐ข๐ก๐ ๐ง๐๐ฅ๐ ๐๐ ๐ฃ๐๐๐ง: ๐
With AI expected to displace many jobs in the future, reliable passive income will become increasingly important. A QEarn system that provides regular payouts could:
โก๏ธ Encourage people to buy and hold $QUBIC long-term.
โก๏ธ Massively reduce selling pressure in the market.
โก๏ธ Strengthen the overall $QUBIC ecosystem.
Personally, if such a system existed, I would confidently lock up $1M+ USD worth of $QUBIC (even if the APY (Annual Percentage Yield) was pushed below 20%) and then direct all my future active income toward acquiring and locking more $QUBIC.
Any surplus income (for me anyway) whether from passive or active sources would be reinvested into purchasing and locking up $QUBIC, replacing my current strategy of accumulating Bitcoin in cold storage. I believe this shift would resonate with many others, driving significant long-term demand for.
In short, QEarn could evolve from being a great investment option into a powerful, life-changing passive income generator, attracting long-term holders, expanding adoption, and reinforcing $QUBIC position as a cornerstone asset in the AI-driven economy of the future.
Just like (majority) of Real Estate investors they DON'T SELL they just continue buying more Real Estate for increased passive income, as would I with $QUBIC because there is no need to ever sell if passive income is there.
๐ข๐ฝ๐ฒ๐ป ๐๐ผ ๐๐ต๐ผ๐๐ด๐ต๐๐, ๐ฐ๐ฟ๐ถ๐๐ถ๐ฐ๐ถ๐๐บ, ๐ฑ๐ถ๐๐ฐ๐๐๐๐ถ๐ผ๐ป ๐ฏ๐ฒ๐น๐ผ๐.
Luck is sometimes just hard work repeated over and over and over and over again. Repetition results in luck.
For example, if you are rolling a dice and you were trying to get the number 6, if you roll that dice 1000 times you are most likely going to be lucky at least one of those times.
The same exact thing applies with business, just keep trying, just keep rolling that dice and eventually you will get what you want.
You can force luck to happen by doing so much that it would be impossible not to get lucky.
Iโll start my own talk show inspired by you and call it โThe Dwellen Showโ. Iโd provide my guests with their fav drinks (alcohol included) and we sit around and tell our dirtiest jokes. Oh and pancakes.. Iโll provide stacks of pancakes for the audience. Boom, thatโs the show ๐คท๐ฝโโ๏ธ