SteemPower Investments - 7th July update

in #spinvest5 years ago (edited)


Hello everyone, today is Sunday and this be the first of my weekly update posts which i plan to post every Sunday. Right now there is not alot of information to update as SteemPower Investments is only a week old but is has been getting some attention and yesterday was a fantastic day over introducing myself to steemleo.com. Over the coming months as SteemPower Investments grows and we start to be able to make off platform investments, there will be more stats. As all my posts are now uploaded from steemleo we are earning those tokens as well which will start to pay out in 6 days, nice kicker as it seems to be the perfect place to post. I plan to write a rough investment target plan this week to get some feedback.

7th July update

Token holders

First off lets have a look at current SPI token holders. They have been selling better than i thought and with only being launched 1 week, i am happy with progress so far. This list is not the biggest but im happy to see that this many people believe in the idea and can see the value in the long term for this token. Big thank you to every single person on this list, your helping to make this happen.

After 1 week, there are 4224.50 SPI tokens that have been issued to investors. Excluding my personal stake as @silverstackeruk, there have been 1179 SPI tokens bought by members that see the value long term. @spinvest currently holds 4224.504 STEEM POWER. 4000 SP is currently being leased off market at a 20% per year rate and is being paid every Sunday. 224SP is being vote sold which is earning a little passive income in terms of STEEM/SBD and curation SP. There is 47.755 STEEM in the @spinvest saving wallet which is payments that have been received from leasing so far. Our first target for an off platform is 50 STEEM to buy some Bitcoin. This is not alot in terms of a dollar amount but completing this transaction will give me the screenshots required to make a post explaining and showing how off platform investment are made.

Steem-engine Wallet

There is not much here yet but it is early days and the wallet is currently only worth 88 cents are 2.42 STEEM. Over the coming weeks this will surely turn into double dollar digits with Leo tokens from pending post payouts. I always use the palnet tags as SPI tokens are targeted toward all steemians and we will build a small pile of those as well. The plan would be to stake all tokens and HODL until the next bull run is in full swing and go from there.

Todays true value of each SPI token

Once again for these that do not know, SPI tokens will be revalued when 10,000 have been issued. Full details can be found here. Currently each SPI tokens costs 1 STEEM when bought directly from @spinvest are 1.02 STEEM when bought on the steem-engine exchange. After 10,000 SPI tokens are issued, the cost of each SPI token in STEEM will be set to true value and remain at that price until the next target (25k) is reached.

Plans for the coming week

I have a idea's for a few informational posts and i will be shameless promoting this by any means. Steemleo looks to be a god send and my timing is perfect to get onboard while it is still a young platform. I hope to build up some good relationships with like minded people that have experience and knowledge and steemleo.com looks to be ideal. I will continue to interact with investors as much as i can as feedback is worth it's weight in gold. I will also start being a little bit of researching on regulations and going forward as SteemPower Investments could make some serious money if STEEM goes over $1-2 again and i would like to be prepared with some knowledge. Being from the UK, i can currently set up under EU law but that will change in a few months after brexit happens. After that, i will need to register with the FCA. This would be some time away but it might be good to start to learn some of the lingo and basic requirements that need to be met and adhered to.

Buy directly from @spinvest

Each share until 1 million are sold will cost 1 STEEM each. You can also directly send any amount of STEEM you like to @spinvest and you will receive the same amount in SPI shares up to 2 decimals. All SPI tokens (shares) will be transferred to investor’s steem-engine accounts within 24 hours of sale completion.

Buy from Steem-engine

The reason for the 1.02 STEEM price is simply because there is a 1% fee to withdraw the STEEM off the exchange.

(Click on this link to be directly brought to the steem-engine exchange)

Resteem this to your friends if you think they would be interested. Lets get the comments going with feedback

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Like I mentioned yesterday, this is a terrific project. It is great to see the "get rich slowly" mindset brought to the ecosystem. Long-term wealth is generated by outstanding returns over time.

I posted earlier this week how Buffett generated so much money by topping 20% over 50 years. Compounding returns like this can get huge.

With a starting point of 20% annually on the lease, this is mirroring what he is doing without any appreciated in the price of STEEM. Since that is something I think most of us are counting upon, it only makes sense that the returns can far outpace what Warren did (although the 50 years might be difficult to top).

By the way, is there a way to contact on discord?

Thanks for the awesome comment man. To bad im 34, i think buffet started when he was 13-14. We'll prob only make millions and not billions :'(

Compounding is were it is at and im down for compounding passive incomes and turning ripples into waves.

Here's a discord link https://discord.gg/ZrCv6T
My name is @silverstackeruk

Just picked up 25 shares to start, at your recommendation.

It really does seem like a solid project @spinvest! Look forward to seeing where this goes!

Posted using Partiko Android

Lookimg good! Thanks for sharing

Posted using Partiko Android

Cheers buddy, seen you picked up a few more tokens, i have them sent over to you already and STEEM is powered up!!!

Congratulations @spinvest! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You published a post every day of the week

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To support your work, I also upvoted your post!

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Hoping to keep topping up my investment with time. Please do all neccessary underground work and keep us updated.

Good luck

Not a problem my friend. Im on the ball 😎

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