Satoshi•Pie token (SPIES), the token of the first investment fund traded on a blockchain, fell by 38.7% in a month from 28 February 2018 to 28 March 2018 reaching $76.73.
Satoshi•Fund is the first company that has several blockchain investment products, including Satoshi•Pie, and according to its strategy, invests in blockchain assets mid- and longterm making investment decisions based on the analysis of fundamental factors such as compound monthly growth rate, adoption rate, development status, and team dynamics. Satoshi•Pie token, SPIES, is issued on the Bitshares blockchain and is tradable on the decentralized exchange Bitshares DEX.
You can get more information on Satoshi•Fund here.
On 28 March the portfolio structure of Satoshi•Pie was as follows:
Ethereum | 42.55% |
---|---|
EOS | 19.09% |
Tezos | 16.10% |
Bitcoin | 7.80% |
Cosmos | 4.14% |
Monero | 3.91% |
Dfinity | 1.61% |
Aira | 1.53% |
Melonport | 1.50% |
Golos | 0.65% |
DAO.Casino | 0.58% |
Bancor | 0.31% |
Bitcoin Cash | 0.21% |
The total amount of assets under management is 13*
. Over the past month, the portfolio value fell from $24,587,881 to $15,061,655. The supply of SPIES tokens decreased by 0.45%.
The growth of SPIES price since its inception on 9 May, 2016, is 7573.1% in US dollars and 338.1% in BTC. The portfolio grew from $47,382 to $15,061,655 during this period. The status of the portfolio in real time can be monitored in the fund’s profile on cyber•Fund.
The chart below shows the price of SPIES compared to the value of a troy ounce of gold. There is no correlation between the prices of SPIES and gold, the correlation coefficient is 0.17.
If you want to get more information about Satoshi•Pie or have any questions about the blockchain assets it invests into, please write to its cofounders: Konstantin Lomashuk ([email protected]) or Marina Guryeva ([email protected]).
You can also read this article on Medium.
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