SteemPower Investments Club - Updates, stats, charts, token distribution and my thoughts so farsteemCreated with Sketch.

in #spinvest5 years ago (edited)


Hello everyone, today i will be mostly talking about everything. I could write 5-20 detailed posts and still not get all the information out that's needed so instead, that's make this a super update post. There will not be great detail to each update/thing happening, it's more like lots of bite sized chunks of information that are easier to understand. If you require are would like to know more about everything wrote below, please comment below are hit me up on the discord server (details at bottom). It's not like i cant keep up with everything, it's just there is alot happening as the SPI club has and is growing faster than predicated.
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Steem powered investments @spinvest has been set up to offer an investment fund based on funding from STEEM POWER. Investments are funded through extracting value out of STEEM POWER and taking advantage of STEEM's high inflation rate. The aim is not to get rich quick; the aim is to build a safe portfolio of investments that will stand the test of time while insuring all investors starting capital is not at risk. Full details can be found here

Personal thoughts as we near 50k tokens milestone?

Im writing this paragraph in my own words. I always try to write we, us, our's ect as these posts are for the club but this paragraph is my words (SSUK) as they as are my thoughts about what think about teh current state of spinvest

11 weeks and 9 hours ago i launched SteemPower Investment's with an idea i had been thinking about for 4-5 months. Everything was planned out in my head how it was gonna go until 1 million tokens were issued when the project goes completely decentralized.

The plan i had in my head was clear, simple and easy. Issue token/shares of spinvest, power everything up, lease it out to get max ROI, use the earning to buy simple time proven investments, grow, grow, grow, sell a million tokens then let it go to the investors that helped build it and move on to build something else. I'll never leave and always be active but others might beable to do alot of stuff better than me. Once a million tokens are issued, that's it and it is likely spinvest will never power up again as our growth capital (SPI tokens) will have stopped. The ICO will be over, tokens will of course still be traded on the steem-engine but spinvest will never issue new tokens on the exchange again. SPI token price still increase's from earnings and certain member's that hold important roles start to getting some sort of pay/reward or their efforts. I could have issued say 950,000 tokens and spinvest held 50,000 to pay me and others. It pretty standard in cryptoland for issuers to take upto 20% but I'd rather build something awesome that adds value to the steemit community before i ask for any pay/reward. Besides what do you do when you run out of 50000 tokens in a few years?

I try to read and reply back to as much stuff as i can, i get 95% of it i think. As the SPI grows, my discord has become busy and even replying back to comments/questions takes over an hour sometimes. This all cuts into writing time hence this post to show you's what happening. I am not complaining at all by the way, everything is going better than i thought it ever would. Solid core members, consistent token sales, endless amounts of lease requests and DM's from other project operators that wonna work together. It's overwhelming sometimes.

The plan was to always have investors votes on investments and to write some sort of terms and conditions. We took a sight detour as some investors suggested that having an agreement would build confidence and trust and we got the partnership agreement and formed the SPI club as a result. This was a good idea and i strongly agreed to make it happen. I have no plan for members to want to mix things up and try different stuff during the ICO while it's being ran semi-decentralized. The plan is clear, simple and will get us to 1 million and then we will have the STEEM to play about. I think that it's super that members are thinking of ideas and projects but im thinking more along the lines of investing into things that have a 100% chance of being around in 20 years, the riskiest investment being BTC. I have hosted and hold the portfolio for maybe 30 crypto buys for steemsilvergold members. When there were 3-4 investments to pick from and we had to vote one down, i would see voting patterns and the bigger the group, the easier it is to predict the winner. To get the point, bigger groups are easier to push 1 way are either than smaller groups, investors go for more over quality 95% of the time and it's not simple. eg, i wanted to buy boring Tron and members wanted an interesting fun smartnode so now i have been running a smartnode and updating it for almost 2 years now, every Sunday i open the wallet and it takes 3-6 hours to sync and catch up while slowing the internet down on everything in the house. All them hours and VPS costs put in for something let has lost 96% of its value. Would have been easier to just buy Tron, no work, just HODL and only lose 40% of value instead. Im not interested in let's see if this are that works. Sorry but during the ICO stage, it's time proven investments that either provide an excellent hedge against inflation are will provide a consistent form of growth and that will still be around in 20 years. After 1 million tokens are issued, do whatever. My personal goal is to get to a million while holding the largest amount of STEEM POWER as possible as all future earning will depend on it.
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Sorry about that, i planned to only write a 8-10 lines but my hands were on auto mode. Anyways, there's a chunk of my thoughts to digest. Lastly, please no one buy more tokens than me, baaa-hahaha. Now to the proper part of the post and returning to Mr SP Invest writing style.

Down to business!

Damn, where to start. Ok, let look at the token distribution. Once again, tokens sales have been coming in thick and fast and we our around 7000 away from there being 50,000 SPI tokens issued. A guess would be that by this time next week, we will have passed through that milestone. Thats brings us to having to decide on a few things. The main 2 being token distribution rewards and re-valuing the token. Keep in mind, that growth is exceeding predictions and can be it's own curse in a way.

Token Price
The true value of each SPI token today is 1.11 STEEM. It might be a good idea to leave it at this price and let it catch up a little. When we issue 75000 tokens, we can revisit and possible increase the value.

Token Distribution
Here is something have been playing with. I thought i would have had more time but like said before, it's likely that we'll hit 50000 issued in the next few days. Check it out and let leave some feedback.
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Earnings

We are now earning over 200 STEEM a week. We sent over 7500SP to steem.leo last night bring us to the total of 12500 making us an extra 30 STEEM per week. We've agreed to go for 20000, take a break and reevaluate after hey can see curation rewards vs what they can give out in upvotes. No worries, CryptoSicko will be on the market for 30000 SP soon at 20.8% and there's another community bot that has offered almost 21ish% for 50000-100000 SP. We have no worries as far as earning's are concerned and we are all good.
Dlease is still earning a nice whack for us everyday. We have active 3 lease's at around 2100SP ending within the next week and then everything else is active for 1-4 months giving us a nice consistent earning.
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Off platform Investments

We are currently saving up for our next our next off platform investment. This is of course be a seperate post containing lots of detailed information. Even buying something simple like gold has 3-4 ways to do it so simple is key when picking off platform investments. Simple is buy it and hold it, no extra work required. Sometimes it's better to just HODL are set up an investment to auto compound and forget about it. Most off platform investment would ideally be regulated and provide some sort of money guaranteed policy in place. Just putting this out there as the "What to invest into" voting post will come on Monday when the "How much to spend" vote ends. Remember, long term.

On blockchain investments

There was a suggestion that we invested a small percentage of token sales to buying into the leo token and staking it to earn decent curation rewards with a few other members agreeing. Remember, long term. We are pumping in post earned leo's which is around 100 a week and building it up slowly. It would be awesome to have a 10000 leo @spinvest-leo balance but it might be best if all monies earned from token sales went into backing the SPI token as planned and maxing out the amount of STEEM POWER we can hold.
Where there is a will there is a way and if members really wanted it, we could use STEEM from spinvest's savings balance. Normally this sort of investment would not be suggested by spinvest but as spinvest already has an account that is being ran by @jk6276, there's no after work involved for Mr SP Invest. Maybe it would be best to include this into the "What to invest into" post being released on Monday.

SPI Club meeting

It might be almost time to have some sort of club meeting on discord within the next few weeks. There is already a core solid team of members with SPI and at this time, thoughts are we would get at least 5-6 members online at the same time. Talking are even DM'ing live in a group chat can rely so much information so quickly compared with commenting. It's about time we all got to know each other and see what each other's thoughts are. Im not down for a witch hunt and a bunch of hard questions, more of an ice breaker to get a feeling for it before getting into serious stuff. We could talk are chat about about wrote above, share idea's and expand our minds. We dont have have a discord person yet.....so i guess it'll down to Mr SP Invest to host it. Thoughts? good/bad idea?

Current SPI Token issued and true value

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Charted growth mofo's

This is normally only released in the SPI membership post on Sundays but why not? Here's the past 7 week of growth for @spinvest
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&
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That's everything

I have read over the paragraph were im talking about my thoughts and plans and thought about deleting alot of it out but maybe it best to just be out there. It might help down the road in some way to understandings why i could be a party killer and boner sometimes. There are other things that could have been updated are wrote about but that is enough for 1 day. We'll have a nice post tomorrow with the SPI membership update post.
Thank you for taking the time to read through this and getting to the bottom.

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Below are steemconnect hotlinks that allow investor's to buy SPI tokens directly from @spinvest. Each token is currently priced at 1.15 STEEM and beside each link is the true STEEM cost to reduce confusion. You can also send any amount directly to @spinvest and i will issue you SPI tokens to 2 decimal places for the value of STEEM to send. All tokens bought directly will be sent to investors SE wallets within 24 hours but most likely much sooner.

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InformationURL Link
SteemPower Investments Introduction PostClick HERE
SteemPower Investments Club Partnership AgreementClick HERE
How to become a club memberClick HERE
How to convert SE tokens into SPI tokensClick HERE
Join the SPI club Discord serverClick HERE
Join the SPI curation trailClick HERE
What's best for the SPI Club? Centralized vs DecentralizedClick HERE
SPI tokens 95% buy back guaranteeClick HERE
SPI Club monthly Fiat to SPI token group buyClick HERE

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All questions are welcome, please ask in the comments below

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.. thank you for the mountain of information...has to read more times to don’t miss or misunderstand everything...and yes, will buy tokens soon and inform me about joining the club and so on...up..follow you..steem on!

Thanks for taking the time to read through the post, it was a little longer than normal and thanks for the support

..have to thank you!..and yes, it was a little long, filled with needful information..surely will read it one more time or maybe also two more times...up..steem on!

Lovely 🤗
I like the way you keep it simple and focused on your original idea.
I think you should be straightforward about proposals which will involve a lot of work for you and say no. We need to keep you free to concentrate on the main task of getting good business for @spinvest.
@jk6276 has suggested let's wait and see with @spinvest-leo. I agree with that.
Distribution table looks good and I agree with keepng the token at the same price for now.
The Partnership Agreement says we will be having a club meeting on 5 October, so the timeline above fits nicely with that.
I like a meaty post on a Saturday.
!CHOPS

Thanks for your support and feedback as always,

5th of October sounds good, im nervous. lol

You'll be fine 😎
Let me know how I can help.
Going to be tricky getting a time ... maybe ask in a post?

It’s great to see all your thoughts complied together to better understand what’s going on in the head of Mr Sp invest himself. I like the dividend structure for token distribution milestones. I think this incentivizes new investors to potentially join in on the action taking place here.

I would surely like to get to know a few of the SPI members more personally and would love to be able to meet on discord. I’m over here in the US so we are obviously 6 hours time difference, but I plan to hopefully make my way over to discord soon enough so we can chat and throw around ideas, etc.

Look forward to the road/journey ahead 😎

Posted using Partiko iOS

Hey man, thanks for the feedback.

Any meeting will have to be around midnight UK time as i assume more members are US time

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