SPInvest: Benefitting From Splinterlands

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Everyone on Hive is getting excited about the recent addition to @splinterlands. The airdrop that is taking place over the next year has brought a ton of interest to this game. This is coming from both inside Hive and outside of it.

Over the last few days, the number of user accounts signed up for exploded. While it is yet to be confirmed, it is more than likely attributed to this game. The word is getting out there and people are excited about it.

According to the post put up by @penguinpablo, this is what the chart looks like for new accounts:

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As we can see, the accounts topped 4,000 according to the latest reading. This is more than 6x what we were commonly getting only a few days prior to this run up.

All this attention is good for Hive and is wonderful for SPInvest.

If we take a look at the latest SPInvest earnings report, we see this:

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Look at all that HIVE that is held by the different accounts. According to that chart, we can see 115K tokens held by SPInvest. Obviously, more accounts on Hive helps to kick off the network effect. If there are more people excited about what is taking place here, eventually this will roll over into the market price of HIVE. In fact, we already saw a bit of a run up although it is tough to tell what was the cause.

Either way, as the price of HIVE moves higher, it helps the value of the holdings of SPInvest.

We also have another table that tells a different part of the story:

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SPInvest was an investor in the @splinterlands game. Notice the Alpha and Beta packs being held. The price of them is going through the roof.

Also, those entitle SPInvest to share in the airdrop for the SPS token. That holding will provide the fund with a daily payout which can be staked starting the 2nd of August. Presumably, that will provide even a greater return to the fund.

We also have a hidden gem in there. Notice the BRO that is being held. Here again, we see an entryway into Splinterlands. @brofund is heavily involved in that game hence it has a lot of SPS that is coming to it. Because SPInvest holds so many BRO, it is going to receive a nice amount of SPS from the BROFUND holding.

Therefore, anyone who is holding SPI tokens is indirectly getting some exposure to the success of Splinterlands.

SPInvest was set up under the concept of "Get Rich Slowly". For this reason, we see the holdings rather diversified. Each of them holds potential, or at least did at the time of purchase. Of course, there are always going to be a few dogs in any portfolio. However, the overall tone of these holdings is there is a lot of upside.

This is leading us to the situation where we do not need everything to take off for massive gains. Instead, we see how one or two areas really going on a run can impact the overall value of the fund. This should translate into the token price on the open market although that has a mind of its own.

The key is for people to be patient. We operate based upon consistent activity over a long period of time. Tokens that come in are either sold off to increase the position of our core holdings or staked to earn even greater returns.

Over time, we are putting the power of compounding to use. Getting outsized returns means getting a big hit once in a while, something that might be provided by Splinterlands. Since nobody can foresee what will eventually run, we feel it is best to cover many different bases.

Ultimately, we look for SPInvest to be a million dollar fund. That is a little under a 10x from here. While we are not going to say that will happen in the next year, we are confident that, if we keep on this consistent pace, we will get there.

If that happens, everyone can figure out what the token value will be. That would likely generate some very happy token holders.

Get Rich Slowly works especially when the markets provide some outsized returns here and there.

Article by @taskmaster4450.

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5 comments
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Diversification at work. For small investors like myself, it is wonderful to see so many various investments, and the knock-on from one investment spike/growth.

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I just want to add here if SPI is not playing the splinterland's game, they will not be benefitted with staking rewards.
Staking rewards are more like ranked battle rewards, will generate SPS in same way as it currently generate DEC.

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Interesting. I hadn't thought about the positive effect of SPS on SPI. I still can't quite believe what is happening. It feels like returns out of thin air to me. 😂

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Good morning, the SPINVEST team told me that you were the best in terms of financing and we are interested in you helping us with our Beecoin Project and we can benefit each other since we have many ideas that will benefit many people, if they have any account of twitter we could dialogue through that medium

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