The Income Tokens

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The income tokens.png

Over a year ago, there was a project launched on the 'old' blockchain that captured the attention of a lot of people...

The SPI Fund.

This was a club / fund that looked to profit long term over smart investing and compounding right here on the blockchain.

You weren't just paid from buying and then selling tokens at a profit, this thing started to send you weekly dividends for holding the token. A concept that really didn't seem to match of the 'day trading obsession' that is found in crypto.

Get rich.... Slowly !

Was their mission statement....And for those of us that weren't that well versed in the intricacies and techniques of the professional traders...SPI spoke to us.

Little did I know what would be coming down the pipeline once we made the switch to Hive...

I honestly don't know if SPI ( @spinvest ) was the first, or if the concept of an 'income token' found it's roots on Hive...The DeFi space on Ethereum is flooded with complicated formulas and projects that produce potential big returns if you have the skin to stick with it...

But for little old me, the SPI concept was brilliant!

However it wasn't until I discovered the BRO Fund ( @brofund ) that got me seriously considering this method of investing as the future for my growth on the blockchain....BRO is...Awesome!

Here's the concept, you buy BRO tokens and the fund then goes and invests the HIVE they earn from the sales, into buying select tokens...That give you a return from staking and investing. The fund then pays out 50% of all curation rewards to token holders, buys miners to increase returns and even has a dCity that pays holders in SIM as well.

Buy one token, get paid in a bunch....But here's the kicker, if you never SELL your BRO you are paid dividends..For ever.

Again....This is a concept I have followed in traditional investing for a long time...Dividend paying stocks. I keep the stock, and get paid dividends every quarter.

Income Tokens!

We loved the concept so much that we took some of the traditional 'slow and steady' investment concepts and brought them to the blockchain when we built the INDEX ( @he-index ) Token.

Buy one token, get paid in multiple...But it's based off the market of Hive Engine. We're essentially trying to 'index' the market and provide a product that helps people interested in this model to dive into the game.

Get paid every day in dividends, never sell your token.

And that's just scratching the surface of what is being built now on Hive-Engine and the LeoDex markets.

DHEDGE ( @taskmanager ) and ARCHON ( @archon-mining) are sleeping giants in my opinion. These two projects really do the complicated math behind the scenes, so investors can simply buy, hold and enjoy the daily dividends!

And wait until LBI ( @lbi-token) fully launches and starts paying out rewards...SPI was just the beginning of what @silverstackeruk has up his sleeves!

O.K., maybe I'm super biased here....

But I do think these layer 2 'income tokens' have a MASSIVE future ahead.

It does against the traditional way of looking at investing in crypto tho...As most people try to flip for quick profits, while these projects seem to be setting up for a much more long term approach to things.

I myself...Will be stocking up, dollar coast averaging into these projects and enjoying the dividend payments every day!

And who knows...Maybe down the road, the people that share the vision these tokens have...Can live off their dividend earnings each and every day.

What a future that will be!!


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38 comments
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SPI has done very well. The price of the token was near a dollar earlier today.

It took a lot of work but it built up well.

We are going to see the layering done a great deal more. Dont forget, many of these funds have holdings in the other ones so it all helps the whole to grow.

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Yeah man, like we've talked about...They keep feeding each other with the big benefits handed down to the token holders.

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It is a nice way to get variety of tokens and hive as dividends

I have invested in dhedge, MPath and HE-index
I will be slowly increasing my stake in them

I also have my other eye on Bro Fund, SPI, LBI.

It's simple, buy, hold and earn dividends :-)

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Mpath huh?

Need to check that one out...LOL They seem to be popping up every week now.

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Mpath is been there for a long time now.
https://peakd.com/@mpath

They give one vote every day on the posts you create and also mpath/hive as dividend at the end of the week.
Currently they have issues with the voting part, which they are working on.

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I'll love to get my hands on some of thses tokens too and earn dividend forever. Isn't that cool 😎

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I would call all these tokens first shots and Hive Finance (HiFi) :-). We are seeing more and more creativity and constructs that can leverage the earning methods on this blockchain. The choice is getting bigger and bigger and I really love how this develops.

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I am very much a fan of these kinds of income tokens... and they actually go hand in hand with what I was taught about "investing" back in a day long before blockchain technology and cryptos. I was taught that successful investing meant that the dividends from your investments helped fund your life, and you never touched the principal.

I do believe these kinds of projects are actually a plus for the cryptosphere, in a greater sense: The whole idea of "get rich slowly" might serve to remove some of the extreme volatility associated with the crypto field... which in many ways serves more to attract "gamblers and lottery players" than actual serious investors who buy in and hold for the long time.

=^..^=

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Absolutely!

Same here, I love the slow and steady approach. And sure, things aren't massive right now in terms of rewards....But if they keep stacking. Oh wow!

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I already have HE-Index and some LBI, thanks to your post I'll try to buy (very) few BRO.

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(Edited)

Dhedge is cheaper & is still in alpha phase, so grabbing a few of them is a good idea. :)

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Ah !
I'll do it quickly !
Thanks !

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It's an awesome token...Such a powerful project and the rewards are awesome!

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Yes, i bought 0.3 of it and I see that with that the SIM rewards are 20times bigger than with 22.8 HE-Index !

Great to see that dhedge grants bro rewards too !

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@jongolson, this is the future of smart income. It is the opposite of universal basic income as you need to invest, but this is the new smart income and the key to financial freedom. Thanks for presenting them.

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Thanks for the comments man, and I agree....Setting people up for long term growth and the power to decide our own futures!

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Long term growth is the key. I see you are deep involved in here and in my targets for this year Index is mentioned. CTP comes naturally, but Index I still need to buy.

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If I could put in all my fiat into crypto I would have most of it in these assets you listed. It is diversify and produce amazing ROIs compare to what I could earn in banks. On top of all that many of these assets can be staked and used for additional incentives. Thanks.

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Oh for sure.

I have my bank account to pay bills LOL

And that'll go away as soon as possible. LOL

I'd much rather invest in crypto!

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Great. I have been already catching them up little by little or whatever I can. Here are my Holdings:

  • BRO 130
  • DHEDGE 300
  • LBI 260
  • SPI 2
  • INDEX 25
  • ARCHONM 4
  • BRO-AG 100
  • SHARE 11
  • EDS 1
  • SOL 5

Great to have INDEX.

I do have a curiosity, INDEX buying DEC, Starbits, SIM. These are pegged at a fix price. They can't produce curation or dividend rewards unless used. SIM can be used to get a dcity so it do produce good returns. But As far as DEC and Starbits are concerned, just holding them in INDEX wallet doesn't produce any return. About 36% Holdings of INDEX are DEC which aren't producing any return. So may be either provide liquidity in DEC/ETH in uniswap to get some income or something else to generate revenue from it. It can make INDEX a great success. Feel free to discuss any ideas. :)

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The returns aren't what we are looking to do with INDEX from every token in the fund.

DEC and Starbits are being held so they are 100% backed in the fund. As their prices increase, so does the INDEX

As for SIM, we'll be creating a city with the SIM tokens to produce income from it :)

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Thanks.
For the DEC as the price is pegged, i.e. 1000 Dec = 1$. The price will never go abpve that, so it doesn't really contribute to Index Value. That's was my whole point. So instead of just holding it, may be provide liquidity to DEC-ETH pool so the earnings from their can be used to buy more DEC and back the Index token Value.

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It contributes to the value of INDEX because it's backed 100% with the token it represents.

Remember, not all tokens in this fund are meant to me 'income generators'. And when you start flipping things to do swaps and all that, it gets very confusing for our formula to work as a true INDEX representing the market.

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The passive concept of these token make them interesting proposition too hold.

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I am so pumped up about each of them.

I think it provides the blockchain with something truly unique in the crypto space.

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These are great investment tools for those not having time to be around and get involved in the Hive space. Or just to diversify their risk by getting multiple tokens.

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