Epitome Of SPInvest: EDS Tokens

Did you happen to notice what is happening with EDS? Are you even aware what EDS is?

This is a "side" project of @spinvest called @eddie-earner. Essentially, this was an income token that went on sale last year. There were 500K minted yet 20K were sold.

The basic idea is that people could take some of the profits from speculation and convert their into an income token that resides right here on Hive. With interest rates being nothing, the return that Eddie was offering was a great deal more attractive.

What does Eddie do? He basically leverages the inflation of Hive to pool a certain amount of Hive each week, a percentage which is paid out as income.

Thus, for each EDS token held, one will receive HIVE on a weekly basis.

Recently, there was a move to get more tokens out there. This was done by introducing miners. There are a few phases on tap whereby people can get the miners to generate some EDS for themselves. Of course, this is bringing in more HIVE for Eddie to put to use.

The above image shows how this all works.

One would think that more tokens being distributed would end up diluted the returns, thus lowering it for everyone. That would not be in line with SPIvest's mantra. We are here "to get rich slowly". That means heading backwards is not on the agenda.

The additional capital for Eddie to play with resulted in a 50% jump in the ROI. What was previously paying out 13% is now at the 20% market.

Think about that for a second: The EDS income token is presently paying out 20% on an annualized basis. Since Eddie does not pay out the full amount pulled in each week, his warchest keep growing even without any miners being sold. Of course, that revenue stream only adds to what Eddie can do.

Here we see the epitome of SPInvest and the benefits it provides to anyone who follows it.

We are constantly looking for ways to offer the community more options at making some money. Each week, there is a report released detailing how SPI did in terms of its earnings along with what the value of the assets backing the token are.

During the process, we come up with ways for people to get involved to a greater degree, offering a new revenue stream.

Is anyone going to get rich off Eddie? Not likely since Eddie is concerned about income. Unless someone puts a ton of money in, the returns will not amount to a ton for a long time.

That said, through the power of compounding, EDS can add up into something to be very big. Eddie's calendar goes out 50 years, with his plan projecting out that far. So, they key to making maximum money with Eddie is just to keep living. You do that and Eddie will do what he does.

People often talk about passive income being a key to wealth creation. We can safely presume that if financial planners could offer out a 20% APR on a safe product, people would be lining up to get in. Banks are presently paying, what, 1%?

Yet here on Hive, we have this available. Eddie is the epitome of long-term and taking things slow. Building is what is vital. There are no shortcuts.

Nevertheless, Eddie is always thinking and he comes up with new ways to leverage what he is doing even further.

SPInvest aims to help people make money. That is the epitome of what this is all about. Each of us looking to gain through our participation with SPI. Eddie is just another tentacle that offers a project for people to get involved in.

If you haven't gotten involved with Eddie and you have a few extra HIVE laying around, perhaps you will want to take a look at what is going on. This could be a terrific opportunity to add some income to your account.

Eddie is always on the job so you can rest easy at night knowing he is working to make you money.

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