New Projects Add More Value

Take a look at this chart that appeared on the latest LBI Weekly Earnings Report.

Notice the green slice of the pie. That is denoting the weekly earnings for CUBLIFE. This was a project that did not exist a few weeks ago and now it is feeding some more LEO to the value of LBI.

For those who are unaware, this is a separate project that lbi-token invested in. It provided some seed money to get the project going as well as offering continued to support for administering the project. Individuals are able to invest in the the token by sending either LEO or HIVE (swap) to the @cublife account. Once a month, the money in there will be converted to CubFinance for farming while the token holders receive their CUBLIFE.

Even though this is a stand alone project, LBI, having some skin in the game is generating a weekly income.

While the numbers will obviously vary each week, since it is an off-chain investment, the fact that LBI is starting to reap some rewards for projects created is really exciting. This will allow for further growth of the fund as we look to leverage the returns on CubFinance to enhance the holders of LBI (as well as the ones holding CUBLIFE).

If we look at the breakdown of the actual LEO earned, we see this:

As we can see the conversion that took place on Friday amounted to 121 LEO for the LBI fund. This is a nice amount considering how new the project is.

What is terrific is that each token holder of LBI has a piece of that. It is all going to enhance the value of the LBI token. Markets can price things as they will. However, when we look at the assets backing the LBI token, we see it growing on a weekly basis.

This latest initiative only is adding to the weekly mix. Over time, this could amount to a great deal of LEO in the LBI ecosystem.

We also can see that the curation rewards have skyrocketed. This is the foundation of our weekly earnings along with the posting of articles. Due to many people unstaking LEO while LBI is staking, we are seeing the influence on the platform growing. This enables us to net a greater return now than we where a couple months ago. Will this change? Hard to tell. For the moment, we will enjoy the returns we are getting as well as keep looking to grow the LEO held.

Getting back to CUBLIFE, this is an example of what can happen when some innovation is added to the basis already established. CUBLIFE token holders are receiving their payouts on a weekly basis along with lbi-token. The goal is to keep it growing for the sake of everyone.

Of course, another stream of income, while welcomed, is not the end. We will look to keep getting involved in projects, either our own or others, that provide a steady stream of LEO (or Hive). This is all part of the growth strategy going forward.

Ultimately, we have to look at the value of the token. That is something that we can impact based upon our efforts and decisions that are made. Pulling another chart from the earnings report, we see this:

We moved up a bit in token price, to a high based upon the value. We were floating around 1.20 for a little more than a month yet that changed with the big week's earnings. As of this report, the value is 1.24 LEO for each LBI.

Please note value is what it is backed by in assets; the price on the market might be completely different.

As we enter the second half of the year, we have a new stream that will bring LEO into the system each week. Hopefully we can come across a couple more ideas that will add to what is already a very strong foundation.

New projects can be very productive in terms of value creation. Things are just getting started.

Article written by taskmaster4450le.

Posted Using LeoFinance ^Beta