We are all initial investors here on Steem. Either with our time or with money (fiat or crypto)
Back then I got the chance to participate in the last of their token auctions before they moved everything to Bitshares. So I took my Buildteam tokens and staked them. And then I kind of forgot about them for a while. I did see the Steem land in my account every 1st and 15th of the month but that was about it.
And about a year later I realised that those roughly 120 tokens had already brought roughly 200 Steem into my account.
This was a real passive income stream.
So I took it upon myself to not only look a little more closer at what Buildteam are doing but also to make the token compound interest. I have a diversified crypto portfolio but one of my biggest holdings is in Steem. If you check my wallet then you can see that I have around 3700 dollars worth of Steem and then you will also see that I am not crypto rich.
Now every time when the gains from the buildteam tokens enter my Steem Wallet I just send them on over to my Bitshares account and buy more Buildteam tokens. This has allowed me to go from 0.2% to 0.531% of all distributed tokens.
Since all of crypto is a long term game and I have no plans to start living off Steem revenue any time soon I will just keep buying more tokens with the revenue they pay out.
I do not know if this is a smart move , only time will tell.
I do know that I have met some of the Buildteam members at Steemfest3 and I know they are dedicated to building out this company. They also not just focused on Steem but also have masternodes running on other blockchains and I know they are doing things on EOS as well. So this not only brings that revenue on Steem but even diversifies the income a bit and generates value for the Steem Blockchain
For the moment the tokens are at around 6 BTS so that makes 0.3 dollar per.
My 400 tokens made around 7.5 steem at 0.5 dollar in the last 2 weeks
so 3.75 dollars make 12 more Buildteam tokens and 3.5% per 2 weeks, how crazy is that revenue??
But this is just at current prices. They are cheap right now and it could be a nice added income for anyone looking long term, or the whole thing could go bust but I choose to have this trust.
to all others:
Are you looking long term on steem?
Would you invest in tokens like this from Buildteam?
to @buildteam, any extra or spare tokens can always be sent to felander-a on bitshares :-)