It is based on the idea that launched @spinvest-leo, which helps build the Steem Leo community and pays the delegators in SPI Tokens! These are FULL Y Steem Backed, and currently worth 1.2 steem each! Here's a few links...
https://steemit.com/spinvest/@spinvest-leo/introducing-spinvest-leo-to-the-spinvest-program
https://steemit.com/steemleo/@spinvest-leo/spinvest-leo-update-9-back-to-growth-mining-reward
and a link or 3 about the SPINVEST Parent Program...
https://steemit.com/spinvest/@spinvest/steempower-investments-weekly-earnings-report-16
Our Democratic and semi-proportional Club Voting system:
https://steemit.com/spinvest/@spinvest/9th-november-spi-club-meeting-share-your-thoughts-about-what-you-think-we-need-to-talk-about
and finally the originating documents...
https://steemit.com/introduceyourself/@spinvest/introducing-steem-power-investments-the-new-steemit-investment-fund-powered-by-sp
This token has grown steadily, we have a hard cap at ONE MILLION TOKENS (1,000,000 SPI) and we have sold over 50,000 in just 4 months, give or take. The latest "spin" on Spinvest is this account, @spinvest-neo and is starting off right out of the gate with roughly the same amount of NEOXAG as @spinvest-leo has in Steem-Leo tokens! I myself am delegating just under 25,000 NEOXAG and I have commitments for over 10,000 more. @spinvest-leo has 39,000 delegated of the Fine LEO tokens, and growing steadily.
...here's the "HOOK"...
I am donating my earnings until Feb 1 on my stake to the new @spinvest-neo community at large to build the membership faster!
What ever you put in will earn much more for the first 2-1/2 months as a bonus to attract even more investors!
Another blockbuster happening is that I have the blessing of @neoxian himself, but I will let him speak on his own behalf. This venture will be functionally very similar to @spinvest-leo, with the exception of monthly payouts as opposed to weekly. There may be other minor variations to the governing rules, but we will have open discussion about that and hope to accommodate everyone in the group. Remember, the payouts are in SPI and the NeoxAG earned by this account is also available to be kept powered up, and/or any portion or all can be powered down and sold for more SPI tokens. PLUS, one not need be a current SPI holder to join! The only way to join is to delegate NEOXAG to this account.
I am sure there will be a lot of questions, I am also inviting @spinvest and @spinvest-leo to help answer those. I will be posting from this account and doing the reports. Then sending funds over to purchase the SPI which will be put into the delegators Steem Engine Wallets!
Indeed, this project does have my blessing, and I shall delegate 5000 neoxag to it myself.
Excellent new spin for neoxag looking forward to growing with you!!!👍😊
Delegating😀
💪
Tentative totals should have us over 40k
THANK YOU @NEOXIAN! 👍
Wow, thank you @neoxian.
We look forward to involved :)
Well done mate, great to see this off the ground. My delegation is in. Can't wait to see how it goes.
Happy to help answer questions, but I also have one of my own. How are you running curation for the account. Is it following the official trail? Are you running automated, manual or some combination?
Thanks also to @neoxian for accomodating our project into your city.
JK.
Posted using Partiko Android
TY! And thanks for your leadership in the LEO project, I will be leaning heavily on your experiences 💪 Hoping we can get a multiple investment due to the currently lower token pricing, and more tokens in circulation... that would be very sweet, we can be the SILVER (AG) to your (our) LEO GOLD 🤩 👍
I am following the official @neoxiancity trail, the newspaper trail; @neoxian.city and also the main man @neoxian. As I understand, these are in descending order of frequency, the main acct. votes often, the paper account votes ~12x weekly and Neoxian votes the least. So far I have just left the voting settings at the defaults, in the steemauto system. 50% weight, scaled, and no delay. The votes will come in as fast as the system allows, after the main vote is cast.
I hope there is a bit of VP left after all of this, I do plan on some manual 'rewards' and surprises 😉 This account is for the delegators, the votes cast are the ways and means of funding the investors.
should be
neoxiancitynotneoxian.cityHello, how much SPI tokens do we get monthly if we delegate 5000 or 10000 Neoxag?
We need to run for a few days to gather up a little more information about where much curation pays out to finalize the numbers. Thank you for your question.
it is unknown at this time, but I have received an average of 5 SPI tokens each of the last 2 weeks from my Spinvest-LEO input. In that token I have 5500 LEO delegated, and the last weekly payout was 5.5 SPI, so .1% last week. The LEO token has a higher marginal price but NEO seems to have higher rewards, I suspect it may work out close because I get a lot more NEO from a post than I get in LEO...
This will be worth doing even more in the first 2.5 months, as I am donating my 25k share/earnings to the community 😉 We are also likely to have more NEO in here than LEO has in that account. This is due to issuance of tokens by the tribe owners, and the related payouts. Kinda like getting paid in dollars or dimes, you get fewer dollars but they are worth more than each dime 🤣
Great! thanks for helping me out
LOOKS LIKE WE WILL BE PAYING OUT
approximately 4 SPI or slightly more.
This assumes the prices at market are stable
until we sell our 11,000+ rewards. I think it will be!
10k neoxag per month gives >4 SPI so we are slightly
over the Steem LEO payouts. That one pays 1 SPI per 1000 LEO
but the leo token is about 10x higher priced than NEOXag
Leo pays weekly, so it's right at 4 per month and we are
nearly 5 per month. 4.72 was the actual estimate.
But right now I am donating my portion (101,000 neoxag)
so expect 7 per 10,000 neoxags until Feb. payouts.
I'll add my little bit to the mill :-)
👍
:-)
Delegating, glad to be part of this!!!
Great to have you, ELK!
Alright! Any info on the possible mining rate?
I can (and will) work up an estimate based on some assumptions later, but we really need to get the curation trails started. Neoxian has given me 3 very good trails that I can follow with this account, and I expect to do at least two, and also upvote comments of the replies that are made to the posts. Once we get some NEOXAG coming in, we can run the numbers based on the exchange rate between NeoxAG to SteemP and then to SPI tokens. I think you can see how it is based on participation rate and then the token prices... Looking at @Spinvest-LEO account, that will give an idea of the goals we have for the NeoxAG tokens! Spinvest-LEO is thought to be helping the Steem-LEO platform growth and token prices. I am hoping to do the same here with the AG tokens!
Putting on my blonde wig....So how does it work? Buy more SPIs? More NeoxAg?
both :)
But this is for delegating Neo
OK Buy more NEOXAG, and delegate to @spinvest-neo !
This works just like @Spinvest-LEO!
DM @underground if you have other 'blonde questions'
😉 I bet you look great as a blonde ⚔ Sword Gurl 🧡💋
More great news! Just delegated 1000 neoxag. Will delegate more after my cool down from spinvest-leo withdrawal ends.
💪
Awesome!
Do we need to DM you @underground before we delegate to spinvest-neo ?
Also is there a way to track the total delegated ??? Exciting Times my friend!!!😀
The neoxiancity DELI Tracker is not working properly yet, it is showing huge funds delegated but only like 1/2 the names of those sending it. I need another reliable method, I might have to have people send in screenshots when they delegate or change, either up or down. PITA but we might have to do this, I will check with @neoxian for a better way.
Yoooo big ups, just now seeing this. Sending over my hefty Neo delegation now as we speak 🔐💪🏻
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So glad to be a part of this new venture....Delegating!!😀
Hey I'm in ...Delegating!!!
Is there a service similar to steemleo where you delegate steem power for Leo but in this case Neo?
Just trying to make my steem power more useful now a days :P
Yes, this takes a NEOXAG Deli and pays out in SPI, which is liquid Steem Power!
Are you up on the SPI token @sames, old Friend?
Undy is the man behind the curtain :D
Yep
curation rewards ain't that hot
I like where this is going Delegating Too!!!
Count me in, delegating!!!
I'm in also, Delegating!
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Okay, I'd better buy some neoxag!
Hi Shani!
Yes, it's a great idea to get on board NOW,
the bonus period will be the biggest payouts
until the system grows and the tokens appreciate!
😱😜😍❤️🙉🙈🙊!!!!!
I've delegated 5,000 neoxag to the @spinvest-neo wallet.
Thank you for taking this up!
Thank YOU for Playing!
🤗