Steemleo Investment Update

One of my Steem-Engine Tribe investments is Steemleo and I did an investment post on it a few months ago.

I have a few observations, which suggest this project is doing well.

1. The number of authors is increasing steadily. It’s not a cloudburst, but a steady rain and content is good.

Source

1. The investors are Holdling the coin. The Tribe coin valuation is based on Steem, so it’s like holding a Steem fraction.

Source

1. The price like all crypto is volatile , but in general increasing and recently was back close to its initial offering price two Leo per Steem, few coins on the Steem-Engine Tribes have achieved that so far. I am personally over 2x and happy with my roi and continue to buy on dips.

Source

1. Planning
   As in all situations, no project is perfect, but this one has been well planned, and the developer and support team appear both nimble to react and creative with continuous new developments. One example is that they recently formalized and monetized a niche they created unexpectantly, providing advice and assisting new Tribe Tokens with their launch. They have also done away with their BidBot in response to changes from NewSteem.

2. Onboarding efforts, while every project is doing it, the focus of Steemleo on established Investment writers with large followings seems likely to bear fruit with nice multipliers.

Conclusion:

The future is never guaranteed, but this tribe seems to be on stable ground. There are other good tribes on Steem-Engine, which are worthy of investment, I suggest you give this investment niche Steem-Engine Tribes a look.

✍🏼 by Shortsegments