RE: LEO backed investment tokens?? (maybe)

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I like it for the diversification aspect.

Would be cool to drop a bit on SPI holders as the model would be used for the LEO, not a lot but it could give SPI a boost as people look for any extras and buy SPI to get the drop.

Of course I just wrapped all my LEO today but this wouldn't likely get going for a bit so I have time to re-up.



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Are you suggesting that SPI Airdrops LMF's (LeoMutualFunds) to their holders?

If yes, how many tokens do you think should be airdropped? how many people should get them? and where should the LEO for the airdrop come from?

We wouldn't be able to give away the coins without sourcing the money as the whole point of the project is to receive LEO, invest it (if I say how we invest it is is giving away trade secrets?), and grow it.

As an SPI holder though, I WOULD happily accept LMF's as dividend payments.

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@metzli is correct, any airdrop has to be funded. These tokens are all backed by assets so we can't issue them without funding.

With that said, one option could be the convert SPinvest 20k LEO into the new token and issue them that way. That would of course leave SPinvest with no LEO holdings and the SPI token price would take a hit of around 6%.

An airdrop crossed my mind but it's not required. Airdrops are for new projects, we've been kicking ass for almost 20 months and think (hope) we have built up a good enough rep within the community to get this idea spread around and known. 1 good review from taskmaster4450 or Khal and boom, everyone knows about it. I think with hope :)

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No need to airdop. The SPI tokens are enhanced by the 10% that SPI is receiving.

It is another piece that will benefit the value of the SPI token for holders.

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