SPI token broke down to show how 19 investments are squeezed into 1 token
SPinvest is a tokenized investment fund/club experiment open to all HIVE users. The concept of SPinvest is to get rich slowly by using time tested methods of earning, saving and compounding long term. We encourage long term investing on and off the blockchain. We hope someday everyone will HODL some SPI tokens that can be bought directly from hive-engine by search SPI.
SPinvest has a proven history of success
Ok, what can I say about Spinvest? I think I can say we are blessed and that SPI tokens holders are not stressed. We welcome all Hivers, leolions are even guests, look through our old posts and you'll understand our quest. We never rest, never dip into the community chest, we only reinvest and we never settle for second best. We host videos, updates and even the odd contest, but when push comes to shove, the important stuff is always addressed, on request for you to digest. Not easy being the best but I've been possessed ever since they let me out of the cuckoo's nest after I got undressed in front of all those people that were unimpressed and I then resisted arrest. The policewomen never liked me grabbing her breast, bitch floored me with a Bruce Lee kick to the chest. I tried to sue because my left lung was left compressed but she won the battle cause I failed the mental test. Ever since I got out I have only progressed, never second-guessed and always confused to stuff I have on my chest. Never depressed, sometimes stressed, rarely perform self-interest, more focused on being self-professed and being one's best. So invest your money and invest your time, the more people involved, the sooner we hit our prime.
So, that was weird? When I started writing this post, I thought I was gonna share with numbers and few stats but I sorta did a 180 there and went another way.
Anyways, moving on cause we're not getting younger. Everyone except for Keanu Reeves anyway. Let us have a look at exactly what backs 1 SPI token right now. People ask all the time, what investments does SPinvest have and what does backing a token mean? Well, lets have a look and see. First off, backing a token could be worded as pegging it to an asset in the same way hive-p on hive-engine is pegged directly 1-1 with HIVE. SPI tokens are pegged to lots of different investments. As a percentage, each SPI token is
Holdings | Holdings | ||
---|---|---|---|
HIVE & HIVE POWER | 22.2% | ALPHA SM PACKS | 0.31% |
STEEM | 0.00% | BETA SM PACKS | 0.22% |
LEO | 7.61% | GAMING NTF'S | 1.36% |
NEOXIAN | 0.23% | FIAT £ | 0.00% |
PALNET | 0.00% | ETHEREUM | 5.74% |
CTP | 0.13% | TETHER - USDT | 0.27% |
HIVE-P | 0.51% | TRON | 0.84% |
OTHERS | 12.67% | ETH/USDT LP | 7.61% |
BITCOIN | 37.95% | WLEO/ETH LP | 1.89% |
SILVER BULLION | 0.29% |
There you have it, this is exactly what each SPI tokens represents. The HIVE percentage used to be alot higher but Bitcoin and ETH have doubled in price while HIVE has fallen from the stable 16-18 cent token to a stable 11-13 cent token. We really should balance the fund out more but that would mean selling our Bitcoin and that's not how to HODL. We'll just have to grind it out to old fashioned way and build up more assets from the ground up.
I hope you enjoyed those stats and now everyone (that see's this) will know exactly what they are invested into.
Accounts | Purpose | Operator |
---|---|---|
@spinvest | Main account and bank | Many |
@spinvest-leo | All curation is done from this account | @jk6276 |
@spi-steemcity | All gaming is done from this account | @shitsignals |
@spi-payments | Used to pay out weekly dividends | @silverstackeruk |
Today's post comes to you from SSUK
Posted Using LeoFinance Beta
That clarifies just how many things are packed into SPI and the token has sure come a long way!
Currently don't have any myself, but have been picking up some EDS since it's newer and to watch it grow while I should hopefully be staying a part of it by HOLD'ing and reaping the long term rewards!
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We're all about the long term. It's boring but it gets the job done
Thanks for swings by and checking out the post.
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EDS pays out its dividends in HIVE. It would be easy to take those earnings and slowly buy some @spinvest tokens.
Spinvest HODL's long term, so buying a bit of SPI is like buying a little bitcoin, without having to worry about the exchange fees.
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https://twitter.com/Bhattg18/status/1334061147138400256
It would be nice to see hive go up in value, that would make a big dent in earnings. This has done very well even with a low Hive price.
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Our off-platform investments have shielded us very well in terms of dollars. If HIVE pops, sky is the limit
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You're a poet!
This should have definitely been tagged CCC (lol).
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lol, yeah. I got sidetracked and thought, screw it, i'll give it there :)
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