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RE: SEED Holdings Report #41 - Slowly pivoting from 'neutral' to 'bullish'.

in LeoFinance2 years ago

Thanks for the update. Just wondering about the dead assets, but did the profit from selling off some of the tokens in the start offset the cost? Just wondering how that looks on the DAOMaker front.

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We have a bit of everything in that sense, I worked in an excel combining pieces of information from multiple sides (DAO maker and coin tracking, mainly) and grossly the stats are the following:

a) Invested in presales: 38.900$
b) Realized profit: 57.843$

Net amount (b-a) = 18.943$ (this is pure profit already realized).

c) value in USD of vested tokens: 33.023$

This (c) means that if all the locked tokens were unlocked today, the extractable value would be around 33K$ more which added to the realized profit would sum a bit more than 90K$.

So yes, we can conclude that DAO Maker presales are very profitable (even more if we account for the fact that the majors are overall -70% down and shitcoins -90% minimum).

I'll try to write a more detailed article with this information soon, but you get the point :)

Cheers!