{
  "trx_id": "26d9a369287963bd9f1cdc4c83f9454727054c8f",
  "block": 106140902,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-17T22:07:21",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "bitdegree",
      "vesting_shares": "7007.562512 VESTS"
    }
  ]
}

{
  "trx_id": "89e9b612589f40bf97de77d3d7bd23dbc27ef371",
  "block": 105965860,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-11T19:36:27",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "bitdegree",
      "vesting_shares": "4295.352107 VESTS"
    }
  ]
}

{
  "trx_id": "a811cc4c7639ac896919f288ef826280f5922dfb",
  "block": 105508616,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-04-25T21:31:36",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "bitdegree",
      "vesting_shares": "7020.078268 VESTS"
    }
  ]
}

{
  "trx_id": "699868b2ae5faad302e249c1c78f7ee06657fab6",
  "block": 102845107,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-01-23T02:12:03",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "bitdegree",
      "vesting_shares": "4336.898926 VESTS"
    }
  ]
}

{
  "trx_id": "53d6f78587a0ec878b8a9cf4aee39c94d1719094",
  "block": 91291521,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2024-12-16T21:31:45",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "bitdegree",
      "vesting_shares": "4501.118123 VESTS"
    }
  ]
}

{
  "trx_id": "5fde15bacfba4fee7e4c1dfb7b4eea0d2982aa62",
  "block": 79845787,
  "trx_in_block": 6,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2023-11-13T13:16:57",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "bitdegree",
      "vesting_shares": "4670.251655 VESTS"
    }
  ]
}

{
  "trx_id": "bd3edc844881d9c27501ae3ebdfb66f22971e1e2",
  "block": 78344880,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2023-09-21T19:21:42",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "bitdegree",
      "vesting_shares": "7607.530441 VESTS"
    }
  ]
}

{
  "trx_id": "41a73139dfcd8f0762583428dbef433825c0e189",
  "block": 69110544,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-11-03T09:25:45",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "bitdegree",
      "vesting_shares": "7829.211879 VESTS"
    }
  ]
}

{
  "trx_id": "6f2bb1eda96268dcc0e928ebb325076cba67c637",
  "block": 60806940,
  "trx_in_block": 6,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-01-17T08:52:45",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "bitdegree",
      "vesting_shares": "8049.745110 VESTS"
    }
  ]
}

{
  "trx_id": "dccc655fa17c583a267f84106f9b453dba3bc64c",
  "block": 54605424,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-06-13T22:52:57",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "bitdegree",
      "vesting_shares": "8233.513768 VESTS"
    }
  ]
}

{
  "trx_id": "9eb8fe53d507268ad6bedbece9340706388ef190",
  "block": 49352958,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-12-11T09:14:30",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "bitdegree",
      "vesting_shares": "8420.935742 VESTS"
    }
  ]
}

{
  "trx_id": "af12691be34aeca89d66596bbd592ae455ba7a0b",
  "block": 49204531,
  "trx_in_block": 5,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-12-06T02:52:00",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "bitdegree",
      "vesting_shares": "1912.543513 VESTS"
    }
  ]
}

{
  "trx_id": "e814c9c39f4b60467087e8162c2b7faf1eb89c7e",
  "block": 49185634,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-12-05T10:48:54",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "bitdegree",
      "vesting_shares": "8427.302381 VESTS"
    }
  ]
}

{
  "trx_id": "a6b61b63c12bd0cc610f56cc8ccf0875ed321107",
  "block": 48252922,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-11-02T11:29:30",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "bitdegree",
      "vesting_shares": "1920.017158 VESTS"
    }
  ]
}

{
  "trx_id": "e279c0da2034d5f38cbdbfc748b1ec4bb7ec169b",
  "block": 43214745,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-05-09T03:47:06",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "bitdegree",
      "vesting_shares": "8629.948955 VESTS"
    }
  ]
}

{
  "trx_id": "65029217e4fe4f3fd3387df8f6794b408ef9527f",
  "block": 43190503,
  "trx_in_block": 6,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-05-08T07:05:54",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "bitdegree",
      "vesting_shares": "1953.311140 VESTS"
    }
  ]
}

{
  "trx_id": "507eeef2b875e8cfbd689856d0efa2ed7fdb91f4",
  "block": 38048745,
  "trx_in_block": 9,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2019-11-10T09:22:39",
  "op": [
    "comment",
    {
      "parent_author": "bitdegree",
      "parent_permlink": "cryptocurrency-downtrend-period-expectations-vs-reality",
      "author": "steemitboard",
      "permlink": "steemitboard-notify-bitdegree-20191110t092239000z",
      "title": "",
      "body": "Congratulations @bitdegree! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@bitdegree/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@bitdegree) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=bitdegree)_</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/steemfest/@steemitboard/steemfest-meet-the-stemians-contest-the-mysterious-rule-revealed\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmasWw4jQHwxng82DKxY6Q6tVg9mWcto4xcDURs8knFgCa/image.png\"></a></td><td><a href=\"https://steemit.com/steemfest/@steemitboard/steemfest-meet-the-stemians-contest-the-mysterious-rule-revealed\">SteemFest Meet The Stemians Contest - The mysterious rule revealed</a></td></tr></table>\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}"
    }
  ]
}

{
  "trx_id": "458b20f47892ac520fc9e6e78b1479293601f0eb",
  "block": 37787161,
  "trx_in_block": 27,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2019-11-01T06:58:51",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "bitdegree",
      "vesting_shares": "8736.348038 VESTS"
    }
  ]
}

{
  "trx_id": "7e7a68c52cfe3bb47147eb16d1f19602f945a162",
  "block": 28269837,
  "trx_in_block": 8,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-12-04T13:48:51",
  "op": [
    "account_update",
    {
      "account": "bitdegree",
      "owner": {
        "weight_threshold": 1,
        "account_auths": [],
        "key_auths": [
          [
            "STM8Y6az3Wh2ca2S5kLnTS5GKKQiJgpYavuztmEGRCyH4CbBpz4ap",
            1
          ]
        ]
      },
      "active": {
        "weight_threshold": 1,
        "account_auths": [],
        "key_auths": [
          [
            "STM6EZoKTAd6KKdve1TvPzR2GqkeaFhdwXbyDZADwEA6b8sWv91Q5",
            1
          ]
        ]
      },
      "posting": {
        "weight_threshold": 1,
        "account_auths": [],
        "key_auths": [
          [
            "STM56kgvcM625MhYyAne8nZ3tpJ2hMeFWr3WGqsGyv17TaN8Cgxfz",
            1
          ]
        ]
      },
      "memo_key": "STM5ZW7dQCyJfePgo7WLvHAof8zxbKV56rjyssk2VEmt6gpQJC5vT",
      "json_metadata": "{\"profile\":{\"profile_image\":\"https://raw.githubusercontent.com/rokaslit6/btbanners/master/whiteLogo%20copy.png\",\"cover_image\":\"https://raw.githubusercontent.com/rokaslit6/btbanners/master/Blog-cover.jpg\",\"name\":\"BitDegree\",\"about\":\"BitDegree official steemit\",\"location\":\"Europe\",\"website\":\"https://www.bitdegree.org\"}}"
    }
  ]
}

{
  "trx_id": "a8f3157a424901c885c459d6aa9accf8d64ff683",
  "block": 28043131,
  "trx_in_block": 12,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-11-26T16:49:30",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "bitdegree",
      "vesting_shares": "8933.823415 VESTS"
    }
  ]
}

{
  "trx_id": "9e46007695aa84612d44e6ce2a47c2d1b3e1d0d2",
  "block": 27573432,
  "trx_in_block": 14,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-11-10T09:10:33",
  "op": [
    "comment",
    {
      "parent_author": "bitdegree",
      "parent_permlink": "cryptocurrency-downtrend-period-expectations-vs-reality",
      "author": "steemitboard",
      "permlink": "steemitboard-notify-bitdegree-20181110t091033000z",
      "title": "",
      "body": "Congratulations @bitdegree! You have received a personal award!\n\n[![](https://steemitimages.com/70x70/http://steemitboard.com/@bitdegree/birthday1.png)](http://steemitboard.com/@bitdegree)  1 Year on Steemit\n<sub>_Click on the badge to view your Board of Honor._</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/steemfest/@steemitboard/steemfest3-and-steemitboard-meet-the-steemians-contest\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmeLukvNFRsa7RURqsFpiLGEZZD49MiU52JtWmjS5S2wtW/image.png\"></a></td><td><a href=\"https://steemit.com/steemfest/@steemitboard/steemfest3-and-steemitboard-meet-the-steemians-contest\">SteemFest3 and SteemitBoard - Meet the Steemians Contest</a></td></tr></table>\n\n> Support [SteemitBoard's project](https://steemit.com/@steemitboard)! **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}"
    }
  ]
}

{
  "trx_id": "782b74447955935ffce3aec1c519fdea975f50a5",
  "block": 25913530,
  "trx_in_block": 16,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-09-13T03:49:42",
  "op": [
    "vote",
    {
      "voter": "ashokreddu",
      "author": "bitdegree",
      "permlink": "cryptocurrency-downtrend-period-expectations-vs-reality",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "ee396e91bb59c5e103decb6c499e065287a1a170",
  "block": 25658060,
  "trx_in_block": 19,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-09-04T06:51:30",
  "op": [
    "vote",
    {
      "voter": "ashokreddu",
      "author": "bitdegree",
      "permlink": "bitdegree-tokenomics-p2-utility-token-mass-adoption",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "4fff9fe135ed3792072461796bf5915359a78e75",
  "block": 25634883,
  "trx_in_block": 6,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-09-03T11:32:09",
  "op": [
    "vote",
    {
      "voter": "isacoin",
      "author": "bitdegree",
      "permlink": "cryptocurrency-downtrend-period-expectations-vs-reality",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "ac2456e7fa9e72bd7040fa0922096b3d77fcbc25",
  "block": 25504933,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-29T23:10:24",
  "op": [
    "transfer_from_savings",
    {
      "from": "smitop",
      "request_id": 20744,
      "to": "bitdegree",
      "amount": "3.333 SBD",
      "memo": "Hi, it looks like you're not voting for any witnesses. Witnesses help secure the Steem network. You should vote for some, at https://steemit.com/~witnesses, or by pressing 'Vote for witnesses' in the Steemit sidebar (top right corner). I'm a bot."
    }
  ]
}

{
  "trx_id": "07577fdc41b59d72fdfcb7bf0ac2f9c895471ef7",
  "block": 25351555,
  "trx_in_block": 29,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-24T15:17:06",
  "op": [
    "vote",
    {
      "voter": "katamori",
      "author": "bitdegree",
      "permlink": "cryptocurrency-downtrend-period-expectations-vs-reality",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "b7e39b7a7b09e0945b562f0ddd2774600249103f",
  "block": 25351249,
  "trx_in_block": 70,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-24T15:01:48",
  "op": [
    "vote",
    {
      "voter": "hibiki51",
      "author": "bitdegree",
      "permlink": "re-mitrado-re-bitdegree-bitdegree-tokenomics-p2-utility-token-mass-adoption-20180806t112745214z",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "a13615ba96f565c2e5d419770bd3516e1e4daf73",
  "block": 25351135,
  "trx_in_block": 18,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-24T14:56:06",
  "op": [
    "comment",
    {
      "parent_author": "bitdegree",
      "parent_permlink": "cryptocurrency-downtrend-period-expectations-vs-reality",
      "author": "steemlit",
      "permlink": "re-bitdegree-cryptocurrency-downtrend-period-expectations-vs-reality-20180824t145606682z",
      "title": "",
      "body": "Try taking a course on how to build a community on SteemIt on your shit platform 😂",
      "json_metadata": "{\"tags\":[\"bitdegree\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}

{
  "trx_id": "8f52417bf796ef259fe80a842b43ad89310815d3",
  "block": 25283002,
  "trx_in_block": 22,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-22T06:07:33",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "bitdegree"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"bitdegree\",\"following\":\"steemlit\",\"what\":[\"ignore\"]}]"
    }
  ]
}

{
  "trx_id": "3582fe82eec3488eedef8cbddaf9db2fbb8e52d3",
  "block": 25283001,
  "trx_in_block": 18,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-22T06:07:30",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "bitdegree"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"bitdegree\",\"following\":\"steemlit\",\"what\":[]}]"
    }
  ]
}

{
  "trx_id": "8b025237b9e1b8bc066b4179003695ffa1e71bba",
  "block": 25265936,
  "trx_in_block": 11,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-21T15:54:06",
  "op": [
    "vote",
    {
      "voter": "sensation",
      "author": "bitdegree",
      "permlink": "cryptocurrency-downtrend-period-expectations-vs-reality",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "0603c3067da331794f12268710ff9ebfbc0d0a08",
  "block": 25265716,
  "trx_in_block": 10,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-21T15:43:06",
  "op": [
    "vote",
    {
      "voter": "moby-dick",
      "author": "bitdegree",
      "permlink": "cryptocurrency-downtrend-period-expectations-vs-reality",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "c1544552fd742806c346236fc003eb12aac1334d",
  "block": 25265433,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-21T15:28:57",
  "op": [
    "comment",
    {
      "parent_author": "bitdegree",
      "parent_permlink": "cryptocurrency-downtrend-period-expectations-vs-reality",
      "author": "steemlit",
      "permlink": "re-bitdegree-cryptocurrency-downtrend-period-expectations-vs-reality-20180821t152854462z",
      "title": "",
      "body": "You’re the last project to give market advise. You have 0 credibility and have no idea how to use public money.",
      "json_metadata": "{\"tags\":[\"bitdegree\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}

{
  "trx_id": "02bb748c666ff6001e77a637599ad1bc5e130700",
  "block": 25265388,
  "trx_in_block": 40,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-21T15:26:42",
  "op": [
    "vote",
    {
      "voter": "steemlit",
      "author": "bitdegree",
      "permlink": "cryptocurrency-downtrend-period-expectations-vs-reality",
      "weight": -10000
    }
  ]
}

{
  "trx_id": "6f06463c4f45b8e269552d89294e86b03a0c16fb",
  "block": 25265293,
  "trx_in_block": 21,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-21T15:21:57",
  "op": [
    "vote",
    {
      "voter": "kylightning",
      "author": "bitdegree",
      "permlink": "cryptocurrency-downtrend-period-expectations-vs-reality",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "8b3a6c2e4e3553fbe882ad2bc72bf515f9b0df00",
  "block": 25264665,
  "trx_in_block": 11,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-21T14:50:33",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "bitdegree",
      "author": "bitdegree",
      "permlink": "cryptocurrency-downtrend-period-expectations-vs-reality",
      "title": "Cryptocurrency Downtrend Period - Expectations vs. Reality",
      "body": "https://user-images.githubusercontent.com/2202764/44405282-89f8e100-a561-11e8-9177-14047e52e41e.jpg\n<center><b>When It's Good It's Great, but When It's Bad It's Awful</b> </center>\n\n\nThese are the words that currently best describe the cryptocurrency and blockchain world. People were euphoric when there were \"Sick Gainz\" to be made, and every single project seemed like they're shattering the existing industries. It looks like there was no wrong move and every project was delivering incredible results because the price just kept rising.\n\nHowever, was the sudden rise of cryptocurrency related to the project progress or just baseless market speculation?\n\n# Where did it all go wrong?\n\nThe cryptocurrency space got caught in an \"echo chamber\". Meaning that fewer and fewer people were doing their research. Instead, following trends or opinions of others became the norm. This kind of behaviour resulted in a cycle where:\n\n1. People buy cryptocurrency because they expect prices to rise.\n2. This buying behaviour pushes the price up.\n3. People continue to buy because they're afraid of missing out.\n4. This further projects that the price is going to rise.\n\nThese 4 steps kept repeating themselves, and without any significant signs of the trend going to stop, people become euphoric, and their measurement of success for each project became the price, not the project itself. People got addicted to an unsustainable strategy of 10x 15x 20x returns. And this became the norm, not the exception.\n\nNo other industry works like this, and no other industry has such a polarising split between communities. Some people care deeply about the projects, the tech behind them. They want to see a sustainable business built and mass adoption achieved - these people would best be described as <i> long-term hodlers </i>\n\nAnd then some people are in it for the money. As the blockchain technology didn't generate much buzz until there was money to be made. As soon as there's money to be made, people jump on it as their golden ticket. Not fully realising what they're getting into and how this impacts their future - these people would best be described as <i> short-term traders</i>\n\n<b>There's a place for both, but once one side massively outnumbers the other - there's chaos.</b>\n\n# Projects are Judged by Price - Not Progress\n\n<b>Humans are rational individuals.</b> It's in our nature to rationalise everything that's happening around us. This is both a blessing and a curse. Meaning that, once most of the cryptocurrency projects were caught in the echo chamber of success people quickly started rationalising that if the price is rising there has to be some reason to it. \n\nIt was hard to tell what was impacting the <i>bull markets</i> and it was tough to believe that this could just be happening due to a state of mind, not technological advancements. \n\nThe only rational and logical explanation is that the more good news you bring out - the better this will reflect on your cryptocurrency. People quickly started associating such announcements:\n\n1. News from the developers\n2. Exchange listings\n3. Partnerships\n4. Conferences\n5. Legalities \n\nAs part of the infamous <i> good news </i> cycle. It's all about trying to rationalise the market behaviour with variables we can see.\n\n<center>https://media.giphy.com/media/3o7abA4a0QCXtSxGN2/giphy.gif</center>\n\nAs cryptocurrency slowly started its decline, people were expecting more and more frequent cycles of <i> good news </i>. There had to be a reason for a sudden decline, and once again our rational minds stepped in to help. People were convinced that the sudden decline had to mean that the project was performing worse. \n\n<b>More often than not - this wasn't the case.</b>\n\nHowever, this lead blockchains projects to be more transparent than any other industry. Always sharing, communicating and collaborating - which is a good thing :) \n\n# Are Projects Worse now Than They Were Before?\n\nWhen it comes to cryptocurrency, the previous cycles opened up a gate of extremely transparent communication. Most projects are very active on their social media, they listen and interact with the community.\n\nA significant portion of blockchain oriented projects are <b>BETTER</b> now than they were before. This is a direct result of projects trying to keep up with the high <i> hype </i> demands and increasing their production speed. In the case of BitDegree, we've made incredible progress since December.\n\n1. Beta product release\n2. Userbase growth\n3. More employees\n4. And a real-life interest of the project, with people using BDG tokens for the intended purpose, not just on exchanges.\n\n<center> https://media.giphy.com/media/zkzKGK9FG9RYI/giphy.gif </center>\n\nRationalisation lead us to a situation where the success of a project now depends on the metrics you look at. The vicious hype cycles have left this space full of exit schemes, manipulation, false claims and a lot of angry people. We're happy to be the exact opposite. Advocating legal compliance, product development and real-world usage.\n\nThere's recently been an article floating around ( we believe it to be pre-paid by our competitors, but it illustrates the point we're making beautifully) that goes something like this - [BitDegree (BDG) Platform Grows, Token Still Struggles](https://cryptovest.com/news/bitdegreebdg-platform-grows-token-still-struggles/)\n\nThe article acknowledges how our product is growing. The user base is rising. And yet the token is declining. Is this necessarily a bad thing? Not at all. \n\nWe're building a reputable organisation, a real company. Not just a show of smoke and mirrors.  Seeing incredible growth on the product side of thing is the best thing we could have hoped for. It's natural that long-term value comes from a product that's so good users have little to no choice, but to use it. Gamification, scholarships, token incentives. There's so much unexplored potential here that it's entirely unreasonable to expect an altogether self-sustaining business from scratch in just half a year.\n\nWe're focusing on fundamentals at this moment, and it really shows. Building our product and gaining traction with over 60 thousand students already enrolled. Around 2 thousand new students join each week. We're also expanding our content library rapidly.\n\n<b>When push comes to shove - great content and value to the customer bring success. And everyone who's involved shares the success of BitDegree</b>\n\nWe're hitting every single deadline and milestone and even overdeliver in most cases. Keeping production ahead of schedule and gaining traction faster than we thought we would. These are all key points that a successful business is looking for. There's the argument that the market paints a whole different story with BitDegree token showing decline.\n\nIt's quite an odd situation where in the eyes of the market projects were valued more when they had nothing to show for their product except for their idea. \n\nAnd this trend is continuing. Some projects are listed on top exchanges, which generate thousands of dollars worth of transactions all without having a product or a use-case or even a team behind the project. How sustainable is a strategy where you have no product or userbase or even development plans? \n\nThese kinds of projects invest upwards to several million dollars to get listed on exchange platforms. They pay bot services to manipulate the price and volume. The cost of these services certainly doesn't help with product development. <b>However, the community is happy to see green and big numbers. Why aren't people fighting against projects misallocating contributions?</b>\n\nWe believe it's the short-term mentality. People get caught up in the present and trick themselves into consuming false information. As cryptocurrency by nature is exciting, every day you see radical shifts on Coinmarketcap. It's exciting, and when the excitement stops, it feels like the end.\n\n<center>https://i.imgur.com/P8bnuEo.jpg?1</center>\n\n# The Market Does What it Does - Can we Fight it?\n\nThere are estimations that up to 90% of all trades that take place on exchanges are between bots. With such alarming numbers, it's important not to get lost in this cycle. That's why we're focusing on developing our product and growing our user base. As BitDegree gains popularity there will be more and more people looking to buy BDG Tokens to spend on the service. We understand how important education is, we want to create a platform where everyone could learn and grow together. Excellent service always brings more customers and customers are the driving force behind every significant company.\n\nWe've added additional payment models and are working to integrate those into the BDG eco-system you can find more information about that on our Medium blog [BitDegree Tokenomics & Payment Models. ](https://blog.bitdegree.org/bitdegree-tokenomics-payment-models-introducing-eth-btc-fiat-payments-in-the-future-75d865f122c2?utm_source=steempg&utm_medium=social&utm_campaign=ign)\n\nWe're a company that's focused on doing, not talking. We're always on top of any new developments. We have a strong vision for the future and no plans of slowing down production.\n\nBitDegree is lightyears ahead in mass adoption. The BitDegree website is already on par with TOP 10 projects if we take web-traffic into account. \n\nhttps://i.imgur.com/9PdRKzY.png\n\nhttps://i.imgur.com/RgZOH4r.png\n\nhttps://i.imgur.com/DOLEtSU.png\n\n\nOur tutorial blog alone generates around 400 thousand unique readers per months. We've expanded the team to more than 30 people and continue to work on all fronts. Marketing, developing, designing and all around building the business from the ground up. \n\n\n# Conclusion\n\nThis period of cryptocurrency market reversal is an excellent opportunity for projects to show their worth and build up fundamental value. We've set our minds to value projects based on their statistics such as price, volume or exchange listings. But these statistics are no longer the best indicator of success.\n\nMarket manipulation became such a dominant issue that even Coinmarketcap started taking actions. They don't take into account zero fee trading platforms where bots could push the currency back and forth with no cost forever. And, recently CMC has removed some exchange platforms from volume calculations because the exchanges were used to manipulate statistics and made up 99.9% of the volume of the project across the board.\n\nProjects that keep a healthy reputation when regulations kick-in. Projects that focus on long-term value and sustainable business ideas are the ones that bring the most value to the cryptocurrency space. And our goal is to be one such project.",
      "json_metadata": "{\"tags\":[\"bitdegree\",\"cryptocurrency\",\"crypto\",\"bdg\"],\"image\":[\"https://user-images.githubusercontent.com/2202764/44405282-89f8e100-a561-11e8-9177-14047e52e41e.jpg\",\"https://media.giphy.com/media/3o7abA4a0QCXtSxGN2/giphy.gif\",\"https://media.giphy.com/media/zkzKGK9FG9RYI/giphy.gif\",\"https://i.imgur.com/P8bnuEo.jpg?1\",\"https://i.imgur.com/9PdRKzY.png\",\"https://i.imgur.com/RgZOH4r.png\",\"https://i.imgur.com/DOLEtSU.png\"],\"links\":[\"https://cryptovest.com/news/bitdegreebdg-platform-grows-token-still-struggles/\",\"https://blog.bitdegree.org/bitdegree-tokenomics-payment-models-introducing-eth-btc-fiat-payments-in-the-future-75d865f122c2?utm_source=steempg&utm_medium=social&utm_campaign=ign\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "ca6f06910dc6bb9b9f7058e822ceb0dcc2d68dd2",
  "block": 25036529,
  "trx_in_block": 22,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-13T16:40:06",
  "op": [
    "vote",
    {
      "voter": "steemlit",
      "author": "bitdegree",
      "permlink": "new-feature-added-teacher-promo-codes",
      "weight": -10000
    }
  ]
}

{
  "trx_id": "cb204c93e3c0e4c1b9638e982926474edb9bfadb",
  "block": 25036521,
  "trx_in_block": 16,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-13T16:39:42",
  "op": [
    "comment",
    {
      "parent_author": "bitdegree",
      "parent_permlink": "new-feature-added-teacher-promo-codes",
      "author": "steemlit",
      "permlink": "re-bitdegree-new-feature-added-teacher-promo-codes-20180813t163942815z",
      "title": "",
      "body": "LOL wow good job guys. Are you guys going to take another vacation after this massive delivery? You lazy fucks",
      "json_metadata": "{\"tags\":[\"bitdegree\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}

{
  "trx_id": "0000000000000000000000000000000000000000",
  "block": 25029543,
  "trx_in_block": 4294967295,
  "op_in_trx": 0,
  "virtual_op": 4,
  "timestamp": "2018-08-13T10:50:24",
  "op": [
    "author_reward",
    {
      "author": "bitdegree",
      "permlink": "bitdegree-tokenomics-p2-utility-token-mass-adoption",
      "sbd_payout": "0.000 SBD",
      "steem_payout": "0.013 STEEM",
      "vesting_payout": "28.355748 VESTS"
    }
  ]
}

{
  "trx_id": "98765e946acb0c73e6c479607a11945243798766",
  "block": 24945293,
  "trx_in_block": 6,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-10T12:36:51",
  "op": [
    "vote",
    {
      "voter": "steemitboard",
      "author": "bitdegree",
      "permlink": "new-feature-added-teacher-promo-codes",
      "weight": 100
    }
  ]
}

{
  "trx_id": "7f8811083fe124a974cbe61f5ce413654098036b",
  "block": 24945292,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-10T12:36:48",
  "op": [
    "comment",
    {
      "parent_author": "bitdegree",
      "parent_permlink": "new-feature-added-teacher-promo-codes",
      "author": "steemitboard",
      "permlink": "steemitboard-notify-bitdegree-20180810t123647000z",
      "title": "",
      "body": "Congratulations @bitdegree! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/voted.png)](http://steemitboard.com/@bitdegree) Award for the number of upvotes received\n\n<sub>_Click on the badge to view your Board of Honor._</sub>\n<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>\n\n\nTo support your work, I also upvoted your post!\n\n\n> Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}"
    }
  ]
}

{
  "trx_id": "7c32fe18e4f4142d66bd58a20b3f85a98c6ae6e6",
  "block": 24941083,
  "trx_in_block": 8,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-10T09:06:18",
  "op": [
    "vote",
    {
      "voter": "obaku",
      "author": "bitdegree",
      "permlink": "new-feature-added-teacher-promo-codes",
      "weight": 60
    }
  ]
}

{
  "trx_id": "41f707e4cdeae9a6802f785649a54f8bcdc2257b",
  "block": 24941043,
  "trx_in_block": 15,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-10T09:04:18",
  "op": [
    "vote",
    {
      "voter": "alphabot",
      "author": "bitdegree",
      "permlink": "new-feature-added-teacher-promo-codes",
      "weight": 100
    }
  ]
}

{
  "trx_id": "9193d5e1497905f6c9b4cd47c59e1ca5f3fc1d39",
  "block": 24941038,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-10T09:04:03",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "bitdegree",
      "author": "bitdegree",
      "permlink": "new-feature-added-teacher-promo-codes",
      "title": "New Feature Added - Teacher Promo Codes",
      "body": "@@ -1530,25 +1530,29 @@\n !%5Bpromo code\n-s\n+ post\n .png%5D(https:\n@@ -1582,52 +1582,52 @@\n /DQm\n-ewie8CvTZTCLhFoo5Dj6rrbzPm8Bp89jPS45puWioVaH\n+XPUg4JkPrSQZvZBV8rqN1gbQiY74Zuu4iS8eiVz2wgg1\n /pro\n@@ -1635,14 +1635,20 @@\n o%2520code\n-s\n+%2520post\n .png)\n",
      "json_metadata": "{\"tags\":[\"bitdegree\",\"teachers\",\"education\",\"cryptocurrency\"],\"image\":[\"https://cdn.steemitimages.com/DQmTJyrUu1tdBQ5H9o8gj3AosRrmiN6gMYK2piyj4E5u9hM/1.%20Promo%20Codes%20are%20Available.png\",\"https://cdn.steemitimages.com/DQmXPUg4JkPrSQZvZBV8rqN1gbQiY74Zuu4iS8eiVz2wgg1/promo%20code%20post.png\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "62010c956d8d4e441711bf3e077434dbf617f1ed",
  "block": 24941014,
  "trx_in_block": 5,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-10T09:02:51",
  "op": [
    "vote",
    {
      "voter": "steeming-hot",
      "author": "bitdegree",
      "permlink": "new-feature-added-teacher-promo-codes",
      "weight": 300
    }
  ]
}

{
  "trx_id": "16b9c4e7c9b653957073e612e2d64616d7b7da6a",
  "block": 24941010,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-10T09:02:39",
  "op": [
    "vote",
    {
      "voter": "fastresteem",
      "author": "bitdegree",
      "permlink": "new-feature-added-teacher-promo-codes",
      "weight": 100
    }
  ]
}

{
  "trx_id": "76ecf8638ce52d604ea43a64367eaf011f12e868",
  "block": 24941004,
  "trx_in_block": 23,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-10T09:02:21",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "bitdegree",
      "author": "bitdegree",
      "permlink": "new-feature-added-teacher-promo-codes",
      "title": "New Feature Added - Teacher Promo Codes",
      "body": "@@ -1520,8 +1520,125 @@\n  future.\n+%0A%0A!%5Bpromo codes.png%5D(https://cdn.steemitimages.com/DQmewie8CvTZTCLhFoo5Dj6rrbzPm8Bp89jPS45puWioVaH/promo%2520codes.png)\n",
      "json_metadata": "{\"tags\":[\"bitdegree\",\"teachers\",\"education\",\"cryptocurrency\"],\"image\":[\"https://cdn.steemitimages.com/DQmTJyrUu1tdBQ5H9o8gj3AosRrmiN6gMYK2piyj4E5u9hM/1.%20Promo%20Codes%20are%20Available.png\",\"https://cdn.steemitimages.com/DQmewie8CvTZTCLhFoo5Dj6rrbzPm8Bp89jPS45puWioVaH/promo%20codes.png\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "5f96751ed035fd1846568950df296ae8a19a44c6",
  "block": 24940990,
  "trx_in_block": 16,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-10T09:01:39",
  "op": [
    "vote",
    {
      "voter": "ax3",
      "author": "bitdegree",
      "permlink": "new-feature-added-teacher-promo-codes",
      "weight": 100
    }
  ]
}

{
  "trx_id": "f18eb5878c9913bd2c45b53416974539edbaccee",
  "block": 24940981,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-10T09:01:12",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "bitdegree",
      "author": "bitdegree",
      "permlink": "new-feature-added-teacher-promo-codes",
      "title": "New Feature Added - Teacher Promo Codes",
      "body": "![1. Promo Codes are Available.png](https://cdn.steemitimages.com/DQmTJyrUu1tdBQ5H9o8gj3AosRrmiN6gMYK2piyj4E5u9hM/1.%20Promo%20Codes%20are%20Available.png)\n\nWe've recently added promo code functionality for the instructors. This gives even more marketing tool to our instructors and helps BitDegree mass adoption rates.\n\nTeachers are able to select how their promo code is going to function. And there's a couple of options:\n\n# 1. Free course\n\nPeople who are using the promo code that a teacher creates have access to the course for free. This allows teachers to sell their courses, but keep it flexible if they want to give out some copies at an event for free.\n\n# 2. Lowered price course\n\nA promo code can serve as a discount. Instead of instructors having to change the price, they can simply create different promo codes for different price points. \n\n# 3. Discount from course price\n\nA flat discount for a course. Instructors have the ability to issue coupon like deals. So it doesn't matter how much the course costs this option always provides a static discount.\n\n# 4. Percentage discount option.\n\nThis option allows users to generate a % discount from there course.\n\nWe hope that these additional tools will empower BitDegree teachers to connect with more students and control their content on the platform. Teachers are able to select for how long the promo codes are active or how many promo codes can be used in total. This is only one of many features we've already implemented or working to implement in the future.",
      "json_metadata": "{\"tags\":[\"bitdegree\"],\"image\":[\"https://cdn.steemitimages.com/DQmTJyrUu1tdBQ5H9o8gj3AosRrmiN6gMYK2piyj4E5u9hM/1.%20Promo%20Codes%20are%20Available.png\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "db063837704ea0baeeff0051355265046a820b0f",
  "block": 24911387,
  "trx_in_block": 53,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-09T08:21:12",
  "op": [
    "vote",
    {
      "voter": "shostakovich",
      "author": "bitdegree",
      "permlink": "bitdegree-tokenomics-p2-utility-token-mass-adoption",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "60d85843394b8b93dd5c8e4a85eb3f3afb5a2769",
  "block": 24880352,
  "trx_in_block": 6,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-08T06:27:48",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "bitdegree"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"bitdegree\",\"following\":\"steemlit\",\"what\":[\"ignore\"]}]"
    }
  ]
}

{
  "trx_id": "8ce30b8cdffa283c43fcf6ca194f9eac2f270b62",
  "block": 24880348,
  "trx_in_block": 9,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-08T06:27:36",
  "op": [
    "vote",
    {
      "voter": "bitdegree",
      "author": "steemlit",
      "permlink": "re-bitdegree-bitdegree-tokenomics-p2-utility-token-mass-adoption-20180807t174523456z",
      "weight": -10000
    }
  ]
}

{
  "trx_id": "a8e693405bce0491732e203cf10b1f68ceaadfaa",
  "block": 24865118,
  "trx_in_block": 10,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-07T17:45:57",
  "op": [
    "vote",
    {
      "voter": "steemlit",
      "author": "bitdegree",
      "permlink": "bitdegree-tokenomics-p2-utility-token-mass-adoption",
      "weight": -10000
    }
  ]
}

{
  "trx_id": "be6ea243c47791a086618117cb24324a747db3a7",
  "block": 24865107,
  "trx_in_block": 11,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-07T17:45:24",
  "op": [
    "comment",
    {
      "parent_author": "bitdegree",
      "parent_permlink": "bitdegree-tokenomics-p2-utility-token-mass-adoption",
      "author": "steemlit",
      "permlink": "re-bitdegree-bitdegree-tokenomics-p2-utility-token-mass-adoption-20180807t174523456z",
      "title": "",
      "body": "HAHA this is the biggest shitcoin. All the suppo man sheeps followed him and got slammed. The BitDegree admins are the dumbest fucks and keep shilling and backing it. There’s no volume on it but they keep telling us how valuable is. If you say anything they’ll ban you from telegram haha.",
      "json_metadata": "{\"tags\":[\"cryptocurrency\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}

{
  "trx_id": "dc24c32bf13b2387858356c4001867fc531b710c",
  "block": 24858171,
  "trx_in_block": 22,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-07T11:58:36",
  "op": [
    "vote",
    {
      "voter": "thecrytotrader",
      "author": "bitdegree",
      "permlink": "bitdegree-tokenomics-p2-utility-token-mass-adoption",
      "weight": 5200
    }
  ]
}

{
  "trx_id": "605ceb4f18b7b22600ae9527f6820031e087a1d5",
  "block": 24856996,
  "trx_in_block": 10,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-07T10:59:51",
  "op": [
    "vote",
    {
      "voter": "kengin2013",
      "author": "bitdegree",
      "permlink": "bitdegree-tokenomics-p2-utility-token-mass-adoption",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "b0ad867012f6174c8e9fe4da0f844fae8a1c2037",
  "block": 24830465,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-06T12:52:48",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "bitdegree",
      "vesting_shares": "29256.026564 VESTS"
    }
  ]
}

{
  "trx_id": "66988f05eb764b4d427936b312de48c5c980e6ae",
  "block": 24829306,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-06T11:54:51",
  "op": [
    "vote",
    {
      "voter": "unknown78",
      "author": "bitdegree",
      "permlink": "bitdegree-tokenomics-p2-utility-token-mass-adoption",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "280d75d3ed87cbd21cd0bd730f7f9a613851e9cc",
  "block": 24829260,
  "trx_in_block": 11,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-06T11:52:33",
  "op": [
    "vote",
    {
      "voter": "sensation",
      "author": "bitdegree",
      "permlink": "bitdegree-tokenomics-p2-utility-token-mass-adoption",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "8326f1237dd61c40cc7f2c5edb91f1be4576925c",
  "block": 24828899,
  "trx_in_block": 16,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-06T11:34:30",
  "op": [
    "vote",
    {
      "voter": "harryp3",
      "author": "bitdegree",
      "permlink": "bitdegree-tokenomics-p2-utility-token-mass-adoption",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "3a3345947f3567149bb34535ecd3f69323e00125",
  "block": 24828791,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-06T11:29:06",
  "op": [
    "vote",
    {
      "voter": "bitdegree",
      "author": "mitrado",
      "permlink": "re-bitdegree-bitdegree-tokenomics-p2-utility-token-mass-adoption-20180806t110712668z",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "82396d782860700387fa23df7238735e2c512837",
  "block": 24828757,
  "trx_in_block": 29,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-06T11:27:24",
  "op": [
    "comment",
    {
      "parent_author": "mitrado",
      "parent_permlink": "re-bitdegree-bitdegree-tokenomics-p2-utility-token-mass-adoption-20180806t110712668z",
      "author": "bitdegree",
      "permlink": "re-mitrado-re-bitdegree-bitdegree-tokenomics-p2-utility-token-mass-adoption-20180806t112745214z",
      "title": "",
      "body": "Well, these are the same people that made it possible for us to work on the project. So, we respect them and are thankful. But even during our ICO period, we were very specific about BDG being a utility and what it means for those who wish to participate.\n\nTo make good on our ICO promises, we're focusing the efforts on exactly what was outlined in the white-paper and we're extremely happy with the result we've achieved so far.",
      "json_metadata": "{\"tags\":[\"cryptocurrency\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}

{
  "trx_id": "eb387ca168ca3b348f64de9dbbb119ed2b8b38de",
  "block": 24828585,
  "trx_in_block": 24,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-06T11:18:48",
  "op": [
    "vote",
    {
      "voter": "viktorcapulet",
      "author": "bitdegree",
      "permlink": "bitdegree-tokenomics-p2-utility-token-mass-adoption",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "60abd2e5f195effb8f49f8992583803df72584b1",
  "block": 24828361,
  "trx_in_block": 30,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-06T11:07:36",
  "op": [
    "comment",
    {
      "parent_author": "bitdegree",
      "parent_permlink": "bitdegree-tokenomics-p2-utility-token-mass-adoption",
      "author": "mitrado",
      "permlink": "re-bitdegree-bitdegree-tokenomics-p2-utility-token-mass-adoption-20180806t110712668z",
      "title": "",
      "body": "@@ -648,16 +648,19 @@\n ... and \n+to \n lock all\n",
      "json_metadata": "{\"tags\":[\"cryptocurrency\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}

{
  "trx_id": "627c37d7b430bf4a090e65fd626666ef75ac6738",
  "block": 24828359,
  "trx_in_block": 25,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-06T11:07:30",
  "op": [
    "comment",
    {
      "parent_author": "bitdegree",
      "parent_permlink": "bitdegree-tokenomics-p2-utility-token-mass-adoption",
      "author": "mitrado",
      "permlink": "re-bitdegree-bitdegree-tokenomics-p2-utility-token-mass-adoption-20180806t110712668z",
      "title": "",
      "body": "@@ -641,8 +641,48 @@\n icipate.\n+.. and lock all the casino gamblers out.\n",
      "json_metadata": "{\"tags\":[\"cryptocurrency\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}

{
  "trx_id": "f71195aa9571981a927c8636501f0a0dd424f6a7",
  "block": 24828353,
  "trx_in_block": 18,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-06T11:07:12",
  "op": [
    "comment",
    {
      "parent_author": "bitdegree",
      "parent_permlink": "bitdegree-tokenomics-p2-utility-token-mass-adoption",
      "author": "mitrado",
      "permlink": "re-bitdegree-bitdegree-tokenomics-p2-utility-token-mass-adoption-20180806t110712668z",
      "title": "",
      "body": "Great project... but it's crazy how low BDG has gone. What used to be worth 6000€ is now worth less than 100€ !!! \n\nFor the past 7 months, 99.9% of ICOs have been dumped in a similar way. So this is not a BitDegree problem. Most people joined ICOs for short term profits and they sold off everything as soon as they could. \n\nAnd it got much worse when the Crypto Bear Market kicked in.\n\nHow can projects succeed if every investor gets out a week after he \"invested\"? This is not investing, people. This is gambling.\n\nIt looks like something will need to change in the ICO scene, in order to make sure only real investors are allowed to participate.",
      "json_metadata": "{\"tags\":[\"cryptocurrency\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}

{
  "trx_id": "03f77e1061d5c84f66e522449ba3cf028072877c",
  "block": 24828181,
  "trx_in_block": 21,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-06T10:58:36",
  "op": [
    "vote",
    {
      "voter": "mitrado",
      "author": "bitdegree",
      "permlink": "bitdegree-tokenomics-p2-utility-token-mass-adoption",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "a7248b297280704b1c21c66394a549c509f62fd2",
  "block": 24828120,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-06T10:55:33",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "cryptocurrency",
      "author": "bitdegree",
      "permlink": "bitdegree-tokenomics-p2-utility-token-mass-adoption",
      "title": "BitDegree Tokenomics P2: Utility Token Mass Adoption!",
      "body": "@@ -4054,16 +4054,139 @@\n ume???%0A%0A\n+!%5B9. Tokenomics!.jpg%5D(https://cdn.steemitimages.com/DQmdrkSyA9HCN8jmPSjXMFv6j8NDHhYnemcwoaRoh6YL9SR/9.%2520Tokenomics!.jpg)%0A%0A\n At the m\n",
      "json_metadata": "{\"tags\":[\"cryptocurrency\",\"bitdegree\"],\"image\":[\"https://cdn.steemitimages.com/DQmS6zkTRePvyKJEpLCVr43FXqZhCQ6EPUjSAx6g3oSL1NK/5.%20Mass%20Adoption.png\",\"https://cdn.steemitimages.com/DQmdrkSyA9HCN8jmPSjXMFv6j8NDHhYnemcwoaRoh6YL9SR/9.%20Tokenomics!.jpg\",\"https://cdn-images-1.medium.com/max/800/1*ap2wgyH8ydVgj4HNwGkJxA.png\"],\"links\":[\"https://blog.bitdegree.org/bitdegree-tokenomics-payment-models-introducing-eth-btc-fiat-payments-in-the-future-75d865f122c2?utm_source=steempg&utm_medium=social&utm_campaign=ign\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "d204230ece6e216fc9938d7d43d33e077aa7a494",
  "block": 24828032,
  "trx_in_block": 54,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-06T10:51:09",
  "op": [
    "vote",
    {
      "voter": "bitdegree",
      "author": "bitdegree",
      "permlink": "bitdegree-tokenomics-p2-utility-token-mass-adoption",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "a36d764118b3084b3ca75e7858564c75b9746296",
  "block": 24828017,
  "trx_in_block": 7,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-06T10:50:24",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "cryptocurrency",
      "author": "bitdegree",
      "permlink": "bitdegree-tokenomics-p2-utility-token-mass-adoption",
      "title": "BitDegree Tokenomics P2: Utility Token Mass Adoption!",
      "body": "![5. Mass Adoption.png](https://cdn.steemitimages.com/DQmS6zkTRePvyKJEpLCVr43FXqZhCQ6EPUjSAx6g3oSL1NK/5.%20Mass%20Adoption.png)\n\nWith the BitDegree Platform already having thousands of students and a constant increase in teachers we're moving closer to the final product. However, there are still some hurdles along the way, and that's why the platform is still in BETA. **Here's a breakdown of what the team is currently working on, why the BitDegree Token volume is still low and what it takes to reach mass adoption.**\n\n> Three factors go into BitDegree mass adoption - instructors, students and businesses. All three have to be worked on at the same time. And each factor is dependant on the success of others.\n\n# 1. Instructors Must Feel Welcomed.\n\nTo have a successful eco-system there needs to be a constant supply of new content. In our case, this content is provided by instructors', businesses and ourselves. We've created courses ourselves in the past. And we've partnered up with various businesses to create courses on the BitDegree platform as well. Most recent of which is the ORCA Alliance which will be creating courses on financial management. \n\nHowever, the most significant influx of content comes from independent instructors. That's why we're creating a system where instructors would want to choose BitDegree over existing solutions. Providing them with a way to earn up to 99% of the revenue from sales, having open communication channels with the team or adding features they felt were missing elsewhere.\n\n> Our goal is to make the BitDegree platform as attractive for teachers as possible. So, they start using our platform instead of other solutions.\n\n# 2. Students Must Get Value.\n\nStudents must feel like they're getting value from the courses. Otherwise, they won't buy the content. If students stop buying, teachers stop posting and this breaks the cycle. To ensure students get quality content and value, we're creating tools and coaching that is going to help BitDegree instructors make the material their producing better.\n\nWhile we're working on improving the quality of services that BitDegree is providing we have chosen to make a large portion of the content free. This is so students can try out and provide valuable feedback.\n\n**That is why we've also added additional payment models. We want to test payment systems, what's stopping users from completing transactions, how willing are they to pay for the content we're offering and other information is being gathered while the platform is in BETA.**\n\nWe've added BDG Token only payments earlier to see the impact it would have. Not many people were using this payment so we've adapted and implemented a FIAT gateway test system \n\n[Read More About Tokenomics Here](https://blog.bitdegree.org/bitdegree-tokenomics-payment-models-introducing-eth-btc-fiat-payments-in-the-future-75d865f122c2?utm_source=steempg&utm_medium=social&utm_campaign=ign)\n\n>  Our goal is to make sure that students have the most value possible. If we're offering better services at a lower price, it's natural that our userbase will witch from existing solutions and start using the BitDegree platform.\n\n# 3. Businesses Must See a Sizable Userbase for Marketing.\n\nTo attract businesses for course sponsorships and course creations they must see an already established userbase. And, constant growth of students and teachers. With a large enough user base, BitDegree can be used as a hub for businesses to reach a user base that's willing to learn about their technology. Businesses are going to be the driving force of how students will be able to **'Learn and Earn'**. That is why we're working so hard on real-life interest and adoption.\n\n> So far, BitDegree is way ahead of the pack with stable growth and more people using the service every day. \n\n> The BitDegree website is currently the 25th thousand most popular website on the Internet according to alexa.com. To put this into perspective Ripple is at the 26th thousand spot and Ethereum is at the 18th thousand spot.\n\n# 4. When Volume???\n\nAt the moment, we're still testing the payment models. Since the BitDegree token is a utility our goal is to have every user who's looking to buy the BitDegree courses use BDG tokens. And token volume will increase naturally when more and more of the user base adopts it as the main payment method. Why hasn't this still happened?\n\n### Free Courses, Promotions, Confusion\n\nAs we're still testing the platform and gathering feedback we want as many users as possible. This comes at a cost of making a large portion of the content free. We believe that it's much more valuable in the long-term to have users who trust the service we provide, help us shape the service to their needs and later convert to paying users instead of forcing people to take a leap of faith and immediately become a paying user. This is part of why we're still housing free content and implemented additional payment models. \n\n**Additional payment models such as PayPal & Credit Card will be the catalyst for BDG mass adoption. If a user pays in FIAT or doesn't use the platform at all is a huge difference. As we can convert FIAT users into BDG users over time, but we cannot convert people that aren't using the platform into BDG Token users.**\n\n### Market Manipulation\n\nDuring our ICO we made it so, that there was no pre-sales or whales that can get the tokens in bulk. We've done so to leave the BitDegree Token in the hands of our community. Completely transparent, and void of any shady dealings. This is why we refuse to partake in any market manipulation or wash trading to boost our token statistics.\n\nBitDegree is building a sustainable business with real-life interest. And we do not plan to stop working towards this goal. Businesses that spend hundreds of thousands of dollars to manipulate the market are not only deceiving their community but are hurting the cryptocurrency space as a whole. And we do not wish to partake in such practices. It is our belief that once we offer a great learning platform to the world, people who want to use the platform will be incentivized to use the BitDegree Tokens. This natural interest will build volume.\n\n> We're relying on real-life adoption, not sinking money into market manipulation to create fake statistics.\n\n#### Current BDG Incentives\n\n* Students that pay with BDG get a 20% discount.\n* Teachers that use the BDG token don't have to deal with fraud, as there are no chargebacks. And, they get to keep 99% of the revenue generated by themselves.\n* Users from all around the world get access to the courses faster, as there are no banks to deal with.\n\n# Conclusion\n\nBitDegree has to make a platform that appeals to students/businesses & instructors. And all of this has to happen at the same time. Because each of the three groups cannot exist without the other. Bigger exchanges are a must for further token liquidity and making sure that students have more options. \n\nHowever, talking about exchange platforms. It’s crucial to understand that we can’t simply pay exchanges millions of dollars and get listed. This is impossible because listings depend on more than just financial aspects. And we don’t agree with some exchange policies or requests that they ask us.\n\nBitDegree doesn't partake in market manipulation. And we’re doing so in the best interest of everyone, as BitDegree is 100% legally compliant. When the regulations come, the worst thing that could happen is that a project faces legal consequences and is completely shut down, meaning all their assets are worth 0.\n\nWe would gladly open up the BitDegree Token trading on more exchanges if all of the requests are reasonable, we’re in no way incentivized to keep BDG off larger exchanges.\n\n# <center> [Read About the Additional Payment Models Added by BitDegree In-Depth](https://blog.bitdegree.org/bitdegree-tokenomics-payment-models-introducing-eth-btc-fiat-payments-in-the-future-75d865f122c2?utm_source=steempg&utm_medium=social&utm_campaign=ign)</center>\n\n<center><a href=\"https://blog.bitdegree.org/bitdegree-tokenomics-payment-models-introducing-eth-btc-fiat-payments-in-the-future-75d865f122c2?utm_source=steempg&utm_medium=social&utm_campaign=ign\"><img src=\"https://cdn-images-1.medium.com/max/800/1*ap2wgyH8ydVgj4HNwGkJxA.png\"/></a></center>",
      "json_metadata": "{\"tags\":[\"cryptocurrency\",\"bitdegree\"],\"image\":[\"https://cdn.steemitimages.com/DQmS6zkTRePvyKJEpLCVr43FXqZhCQ6EPUjSAx6g3oSL1NK/5.%20Mass%20Adoption.png\",\"https://cdn-images-1.medium.com/max/800/1*ap2wgyH8ydVgj4HNwGkJxA.png\"],\"links\":[\"https://blog.bitdegree.org/bitdegree-tokenomics-payment-models-introducing-eth-btc-fiat-payments-in-the-future-75d865f122c2?utm_source=steempg&utm_medium=social&utm_campaign=ign\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "599ceb11eb8a5ddbc9f99f446f4151101fdc7902",
  "block": 22737432,
  "trx_in_block": 8,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-05-25T10:57:12",
  "op": [
    "comment",
    {
      "parent_author": "bitdegree",
      "parent_permlink": "guaranteed-value-return-for-bitdegree-token-holders-backed-by-hostinger-services",
      "author": "gidene",
      "permlink": "re-bitdegree-guaranteed-value-return-for-bitdegree-token-holders-backed-by-hostinger-services-20180525t105711515z",
      "title": "",
      "body": "That's nice! But what about if the market price is higher than $ 0.03, does the token price is still fixed to this amount regarding purchase of services?",
      "json_metadata": "{\"tags\":[\"blockchain\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}

{
  "trx_id": "abecce6ed710166c6c31e087ff53ff89f629c78a",
  "block": 22489670,
  "trx_in_block": 38,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-05-16T20:08:27",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "bitdegree",
      "vesting_shares": "9038.101614 VESTS"
    }
  ]
}

{
  "trx_id": "ea3cc7708208284138e66736d631be4ee53731b8",
  "block": 21771077,
  "trx_in_block": 31,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-21T20:39:27",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "bitdegree",
      "vesting_shares": "29426.070654 VESTS"
    }
  ]
}

{
  "trx_id": "cd082db795bc8ef60841ad9dda842934f8b451b6",
  "block": 21699637,
  "trx_in_block": 64,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-19T09:06:45",
  "op": [
    "vote",
    {
      "voter": "rhoger",
      "author": "bitdegree",
      "permlink": "coursera-s-former-executive-joins-bitdegree-or-weekly-roundup",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "9b867eb49e38a7b873fc7c5da02f6de10102ae22",
  "block": 20086303,
  "trx_in_block": 22,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-02-22T07:13:42",
  "op": [
    "comment",
    {
      "parent_author": "bitdegree",
      "parent_permlink": "bdg-tokens-for-hostinger-services",
      "author": "ontheverge",
      "permlink": "re-bitdegree-bdg-tokens-for-hostinger-services-20180222t071338899z",
      "title": "",
      "body": "@bitdegree, thank you for writing your updates here on Steemit. Whenever I see blockchain projects having Steemit account I immediately fell in love.",
      "json_metadata": "{\"tags\":[\"bitdegree\"],\"users\":[\"bitdegree\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}