You may have seen some announcements in the BuidTeam Discord or Telegram channels about some upcoming changes to the twice-monthly distribution cycles that currently occur on the 1st and 16th of each month. This is the date that a discretionary amount of STEEM and HIVE coins are distributed to BUILDTEAM token holders.
This "ritual" has been ongoing since 2017 and we have decided to reduce the monthly administration man-hours and double-handling of the same processes and procedures which are currently only 15 days apart, instead, we will be changing the distribution to only a once per month occurrence, on around the 1st of each month.
The 16th of November 2020 distribution will as such not take place and will be consolidated with the 1st December 2020 distribution.
Thank you to stakeholders for continuing to hold the BUILDTEAM tokens and we trust this will not be an inconvenience, we also think the optics of higher consolidated distributions will improve sentiment.
Sincerely,
The BuildTeam
Thanks for the heads up. Monthly eases my accounting workload too.
@tipu curate
Upvoted 👌 (Mana: 133/152) Liquid rewards.
Thanks, I like getting the payouts and can only hope they grow in the future.
Small question
are the buildteam tokens counted as a security?
Seems Steem payments already started doing this a while ago, or skips payouts once and a while.