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RE: Step by step - How to convert any steem-engine token into a SPI token
I see 894,7xx tokens in the SPI Wallet, is this the # available to buy?
:)
I am going to "convert" S-E Tokes to SPI, and then buy some more...
I hope these are not yet the numbers SOLD, but yes, AVAILABLE!
The SPI token is 0.0063% SOLD OUT!!!!!
Yes, the amount held by @spinvest is for sale but could be used for dividend payments are airdrops to investors. Might be hard selling a million but if the token goes to being worth 2 STEEM each someday with 100k tokes issued, i could airdrop at a 1:1 ratio and bring the price back down to 1 STEEM with 200k tokens issued. Just thinking out loud here but to answer your question, those token are for sale
Very Cool, and thanks for the "supplemental info" as that makes a lot of sense. To further that thought, also be aware of "burns" and other mechanisms, but of course you (and we) want to maintain the individual value of the tokens at all times. A burn would be at the end of the investment phase. (obvs)
So I'm feeling a little math-challenged this morning, can you tell me total # of tokes sold? 😎
I also have many Q's about S-E tokens and swaps...