The Value Of The Income/Dividend Tokens On Hive

over 2 years ago

I hit a grand slam with HivePunks. Well, not directly. Personally, my minting of Punks didn't go exactly as planned. I got myself a bunch yet they don't appear to have much to them. Perhaps as the entire ecosystem grows, my holdings will go up in value.

Nevertheless, I was still able to do very well. This was done through my holding in @spinvest.

A post today appeared detailing how SPInvest also FOMO'd into the HivePunks. Fortunately, the results were a bit better than mine. The NFT shown above is the 3rd rarest card in the entire lot. That will lead to a major payout.

In fact, the NFT is now up for sale at the price of 160,000 HIVE.

Not a bad return for the money that was invested. Due to my holdings in SPInvest, I have a significant stake in this one.

Gaining Access To Different Opportunities

SPInvest is just one of the projects of this nature. There are a number of others are provide similar opportunities. Just off the top of my head, we have this list:

LBI
SEED
INDEX
DHEDGE
UTOPIS
BRO
CUBLIFE

These are some of the ones that I can think of. What each of these does is provide access to returns through their holdings. A number of them pay out dividends, some on a base token like LEO, others in many Hive-Engine ones.

Here is another example:

Due to my holdings in INDEX, my wallet was filled with @splinterlands VOUCHERS each day. Over the course of the month, I was able to accumulate 14 of them which I used today to buy the Chaos packs. Does this make me one of the largest pack holders? Not even close. However, it does get me in the game.

And who knows, maybe there will be something outstanding in there.

Either way, the only reason I am involved in this is because of my holding of INDEX tokens.

The biggest value to these different projects is that tokens tend to flow into my wallets on a regular basis. Some distribute weekly, others daily. Many only place a small amount of each token, something that comes in steady.

Of course, in addition to the income side of things, there is the appreciation. As the holdings of these projects grow, the value of what the token is backed by appreciates. This is evident in the token value.

Another exciting project is SEED. This has grown a great deal since the start of it. In just a few months, it up a tremendous amount. Here is where the holdings are listed.

Not Always Speculation

There is a degree of risk with everything in the cryptocurrency arena. However, there are ways to mitigate it somewhat.

Not everything has to be about speculation. Projects like those listed above help to alleviate things by providing a stream of income/dividends. Also, the holdings that each contains helps to provide a "baseline" token value since it is backed by real assets. Of course, those can fluctuate, especially if they are investing in some volatile tokens.

In fact, tokens like these are often a great way to help to lock in some of one's speculation profits. By continually reducing the risk, one can keep his or her accounts growing by layering the investments out. This allows for massive gains in the speculation arena yet helps with the risk management since that can be kept to a minimum. Toss in a few low risk investments like the saving of HBD and you can see how the portfolio balances out.

One of the biggest advantages to this approach with these projects is the exposure that one can get. Through the investments they opt for, one has a piece of what is taking place. For example, getting involved with BRO has both Splinterlands and DCity holdings.

Of course, as we can see, somethimes a lottery ticket does pay off. By having a piece of the 3rd rarest HivePunks NFT, this will provide some nice growth to the value of SPI. Ultimately, that will pay off financially.

It shows how these projects can really enhance the size of our holdings. For the most part, things are steady and consistent. However, every once in a while, a major windfall takes place.

For SPI holders, that happened this weekend.

If you haven't done so, consider what projects like these can do for you. They are a great way to load up on different projects that have potential while doing so in a passive manner.

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