Hello and welcome to this SPinvest post
SPinvest is a tokenized investment fund/club for all users of social blockchains. Everyone is welcome! The concept of SPinvest is to get rich slowly by using time tested methods of earning, saving and compounding long term. This lets SPinvest offer an ROI of 20% per year on SPI tokens. 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 @spinvest are through the hive-engine
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What a madness it has been this week. The week started great, crypto land was doing well, defi is continuing to boom and it was starting to feel like 2016 again. We got the super news that LEO is going to wrap it's token and have it listed to Uniswap and the LEO token price has almost doubled since the news.
Earning for us have been solid this week, HIVE content earnings are back to their normal levels of around 100 HIVE, the past 2 weeks we had a boost from BroVest raffle posts. LEO earnings are up as can be expected and our leasing, gaming and other earnings are consistent as always.
We smashed it this week again with total earnings of 739 HIVE. We are already producing an income from the game rising star and that will be recorded from next week, Im guessing around 30ish HIVE per week in rewards.
As for off-platform holdings, out bitcoin is down about $1500 but everything else has held up well. The $5000 tether balance we have is doing a really good job at being a hedge against our other investments in a falling market. Last week $5k in tether was worth 21k HIVE, today the same $5k is worth 29k HIVE. It might be time for us to seriously look into buying some ETH, at the time of writing, the price is $336 and i have just moved $2000 to Binance to be ready to pull the trigger. Sorry no vote on this folks, time is something we do not have as the markets moves to quickly.
The wrap-up, the total fund in terms of dollars is down but in terms of HIVE, we are hitting all-time highs. So many other HIVE projects/tokens have seen 10-20%+ wiped from their value in the past few days while SPI tokens are up 15% for the week. They are trading for a bargain and under total value on the hive-engine exchange right now. If people dont start buying them, i will buy them. I can only turn my eye away so many times. If you could buy a dollar for 98 cents? Would you not?
Token price range starting from 2nd May till present
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SPinvest's content is contributed by @silverstackeruk, @underground, @no-advice, @metzli & @taskmaster4450
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How much do you payout from What you earn?
Example 90% payout and 10% used to grow the investment.
The weekly dividend is 50% of HIVE based income. Off platform income all stays off-platform. This is a growth investment, with a nice little dividend component. But it's a long term option, not a get rich quick.
The dividend is switching soon from being payed in HIVE, to being payed in SPI tokens (from reserves - no new tokens are issued)
thanks a lot
!ENGAGE 10
I was trying to analyze SPI like a stock. Thats why I was asking.
ENGAGEtokens.!ENGAGE 15
!BEER
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BEER.ENGAGEtokens.Unfortunately this is now the third week where no dividend has been paid for my holding of SPI (currently 1025). I have already requested that someone looks into this for each of the two previous weeks, but have received no reply. A response would be appreciated.@silverstackeruk, @underground, @no-advice, @metzli @taskmaster4450
OK is this the account divs should be sent to? @tandara correct?
I will fwd this to the appropriate place...
I do know that we are on a 4 week average for paying out, perhaps that is
part of the issue. It is a newer thing, but may or may not apply to your
situation. Help is on the way!!!
Great - thank you. Help has now been received, dividend paid and going forward problem hopefully solved!
We'll find out in 26 hours my friend :)
Im sure I've found and fixed the problem.
Cool. Feel free to adjust this week if payment sent turns out to be an overpayment!