Hello, SPIer's. Today is Sunday and we end the SPI week with our weekly dividend payment this evening and every Sunday at 21.00 GMT.
What is SPI?
SPI tokens are growth investment tokens that pay a weekly dividend. They have been circulating for over 2 years, on STEEMHIVE. Mostly sold for 1 HIVE, each token today is worth over 4 times its HIVE issue value and 12x its dollar value. On top of that, token holders receive roughly 8% more SPI's every year from weekly dividends. We raised $13k from issuing SPI tokens for the first year which has been used to grow a diverse portfolio of investments, many of which provide streams of passive incomes. SPI tokens are part ownership of all SPinvest tokens/accounts, assets and income. The price of each SPI token is its liquidation value as SPI tokens are 100% backed by holdings. Handcapped to roughly 94,000, no more can be minted are issued. Adding, hold and compounding has us on the road to major growth and these tokens are still growing in value.
SPI tokens are part ownership in an actively managed fund. We have our hands in over 20 investments with the lion share being HIVE, BTC & ETH. We dont FOMO are chase pipe dreams. Tried and tested works best and is safest. Our motto is "Get rich slowly" and compounding down on sound investments is our game. You should invest in SPI tokens with the mindset of not selling for 3-5 years minimum. Let's have a look at this week's on-chain HIVE earnings.
Hello, SPIer's. This week's earnings have been good as always as least over 1200 HIVE this week. Content earnings look to be ok and 50 HIVE per week is the new normal as SPinvest is producing less content. Our investments into the noloseottery and easydefi are paying off. It's been 2 weeks from investing 500 LEO in noloselottery and 1000 LEO in easydefi and to date the noloselottery has paid out 120 LEO and easydefi 45ish LEO in rewards. Both looking to be great income tokens, maybe the lottery will not be everyweek but over the course of 6 month-1 year, it'll earn us our money back.
Brofund dividends are still excellent because of SPS, UTOPIS is down a little on last week as is CUBLIFE but everything else is about the same. SPinvest-leo has complete the switch over from LEO to bLEO and JK is doing a great job at pumping our earnings.
Great news, i was able to bag us 14,000 HIVE for 2 ETH about 4 days back before the price of HIVE exploded past 50 cents so that was lucky. I have plans for these HIVE funds but I'll announce when ready. I've been adding HDB to a saving account, maybe not the best time during a bullrun but it's earning 10% and is a nice side pot to build.
Made 1 new investment this week on hive-engine by getting us just over 1000 SEED tokens. This looks to be a fund token with a great set up and plans, they is a 100k cap so we own 1% of it and we'll hope it grows massive. I will get it added into the above tables for next week.
We seeing excellent growth in our off-platform investments. RUNE has been moaning and you can see we're in profit now. Our ETH balance has dropped 2 as i bought HIVE a few days and we are holding 10 less BETA pack tokens. I sold 10 packs at 250 HIVE and used the HIVE to fund the investment into SEED.
Everything else is either sitting are compound down. CUB harvests this week were invested into the BTC/BNB kingdom. JK has finished adding LEO to CUBfinance so he is in full swing now so that's great to see. The next 3-4 months within the crypto space are going to be very interesting.
The SPI price has been consistent over the past 3-4 weeks at 4.3-4.5 HIVE, however, the dollar value has been increasing. If you look on hive-engine, you'll probably find SPI tokens trading at under this price so grab your a bargin. People say they feel they missed the boat on SPI but we grow to grow every month, every year. Total fund worth over $200k
Fantastic week, it feels like everything is pumping in crypto. We move forward and keep going. We had good earnings for good div's, our off-platform such is growing, we are starting to find lots of people creating new projects on hive-engine to invest into and HIVE is over 50 cents, what more could we ask for?
Thank you for taking the time to read through this weeks SPI earnings and holding report. We post every Sunday to keep our investors up to date so please follow the account if you would like to track our progress.