The Hivetorch

Dear Hivers,

remember the social experiment called Steemtorch, started by @geekgirl and which I later copied to the #deutsch community as Steemfackel? The German branch made it after app. 2 months to 141 consecutive transfers, before it ended a bit abruptly. But the endeavor as such was very successful and created fun and lots of interesting posts. The original torch is presumably still ongoing with 290 of planned 337 passes (after the transfer from fastchrisuk to dawnoner I lost track).

The idea actually came from the Ligthning Torch where Satoshis were sent around (with big media attention!) and in Jan 2020 the Bitcoin Lightning Torch 2.0 was started.

Now we have a new, even more enthusiastic community here on Hive. Why not repeat the exercise and start a fresh HIVETORCH!

I am sure we can do better than Steem and Bitcoin. Let´s target 333 500 transfers!
By the way, the BTC Lightning Torch revealed some disturbing technical problems that we for sure don´t have!

made by @dmilliz in this post

What is it about?

The idea is that someone sends you a number of Hive to your wallet, and you transfer it as fast as possible to someone trustful who will be then the next Hivetorch keeper. That´s it. Very simple, isn´t it.

The Hivetorch is a social experiment to demonstrate the speed and trust in transferring value on the Hive chain (I bluntly stole this phrase from @geekgirl but it simply nails it). It´s mostly about our community and not about collecting money (that is just a side aspect). It is not brought to you from a central instance which is spending tons of money to desparateley create some activity (like on the other chain), but it is an initiative from inside the community for the community (I am neither a whale nor a witness nor whatever).
Also I hope we can be adults and keep out politics this time!

How far we can go? 200 transfers, 500? Even 1000? And by when? The sky is the limit, if all work together!

The rules

1. If you got passed the Hivetorch to you, increase the amount by 1, leave it as it is, or add anything between 0 and 1. It is up to you. Don´t reduce the amount and don´t add more than 1 Hive - it is not primarily about collecting money.
2. Send the Hives as soon as possible to someone who is active on Hive and whom you trust that he/she will follow the rules and forward the torch to the next one.
3. In the transfer, use this Memo
   "Hivetorch - Count x - please read the rules at https://peakd.com/hive-147983/@stayoutoftherz/hivetorch"
   whereby you increase the count no. by 1 (so if you got the memo with count "23" then put "24" in your memo).
4. Choose as the next Hivetorch keeper preferably someone who has not yet been selected and inform him/her about the transfer, so that the torch is kept in motion.
5. You are highly encouraged to create a post about the Hivetorch using the picture above or any other picture (the picture must contain both a torch and the Hive logo) and the tag #hivetorch. Please post it in the Hivetorch community.
6. If you have an idea or project for spending the sum, please write it in the comments or create a separate post about it!
7. After 500 transfers I will create a poll to let the community decide what to do next (continue, give the sum to a Hive-related project, distribute to minnows, burn it, etc.)

I am loking forward to any ideas and suggestions, also if you want to have a specific rule changed, I am totally open to that.

Suggested projects so far:

1. Support development of peakd.com
2. Support new user delegations via @theterminal (suggested by @wesphilbin)
3. Your project/idea will be added here

The complete list of transfers

(will be kept updated)

A special shoutout to the 496th torchkeeper, @gaboamc2393, for creating this amazing piece of art!

Read all about it in @gaboamc2393´s post here!

Any postings about this initiative also on other platforms like Twitter are of course very welcome. Can we bring #hivetorch to the list of trending hashtags? On the long run it could bring some nice PR, e.g. if we outsize the BTC torch :)
I will think also about some visualizations (location of participants on a map). Stay tuned and subscribe to the Hivetorch community so that you not miss anything!

If you think this is a good initiative, it is allowed to tip and reblog this post :)

Let´s show people the strength of this community!