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Part 2 of yesterdays Brain Fart - Feedback wanted people!!

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@spinvest
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Hello and welcome to this SPinvest post
SPinvest is a tokenized investment fund/club for all users of social blockchains. Everyone is welcome! The concept of SPinvest is to get rich slowly by using time tested methods of earning, saving and compounding long term. This lets SPinvest offer an ROI of 20% per year on SPI tokens. We encourage long term investing on and off the blockchain. We hope someday everyone will HODL some SPI tokens that can be bought directly from @spinvest are through the steem-engine are dex.steemleo exchanges.
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Continuing on from yesterdays post

It was suggested yesterday that we create a new hive-engine token that offers HIVE users the opportunity to invest in exchange tokens. I personally feel exchange tokens are undervalued and will be some of the best benefactor's of the coming crypto bull run we are all expecting in 12-18 months.

We got some positive feedback and it looks like this is something that could offer the community and make a few HIVE for ourselves in the process. I played around with an excel sheet last night to see how we can do this and we can make it work. It will require a club effort no doubt but many hands make small work.

Below is a sample of how we could do this, the tokens we invest in can change, the price we issue at can change, in fact everything about the token itself can be added, changed are removed. The sample is more to show the distribution, income and reward models in action.

TokenX - TKX (not the name but i have put something)

Each tokenX token is backed by a basket of crypto exchange tokens. In the example below, we have invested into 5 different crypto exchanges meaning each tokenX is worth a small amount of each of these 5 exchange tokens. The only purpose of this token is the create a backed token for the purpose of HODLing on price speculation of a range of exchange tokens. There is no dividend for holding this, its not an income token. It's simply a token that offers investors a chance to own some crypto exchange tokens. These tokens will be backed, not pegged. There's a big difference, think about it for a second.

Creating the token.....

  • Exchange tokens and ticker - These explain themselves
  • Price - Current price in dollars for that exchange token
  • TokenX - This percentage shows how much each tokenX is backed by each exchange token.
  • $ Amount - Each tokenX is worth 5 HIVE that is currently $1.20. These amounts show how much is used to buy exchange tokens.
  • TokenX (again) - Each tokenX will hold this amount of the exchange token

Distribution.....

We have all recently seen the benefits of hard capping a tokens circulating supply as the SPI token price now carries a 20%+ premium on hive-engine. When SPI tokens were available to buy directly, there's no FOMO as it's always there. Lets kill 2 birds with 1 stone and create a little FOMO while hugely reducing the time required to maintain the project.

We would milk the pre-launch for around 4 weeks. This would be pre-selling tokens 4 weeks before the "official" launch. lmao

  • 4 weeks before launch, we offer an early bird special that lets people buy in at cost price. These tokens will be sent to investors on the official launch date
  • 2 weeks before launch, we flood the hive-engine exchange with tokens for sell. These tokens will be at full price
  • On launch date, we follow the below distribution

We would launch the token at 5 HIVE but by week 7 when we come to issuing more tokens, the price will have changed and be out of our control. By only offering tokens for sale every 6 weeks, the workload is way down we are likely to issue more tokens long term. We will also offer buybacks on the same weeks with the hope we sell more than buyback and have the HIVE balance to do all the buybacks required. This saves having to sell off backing assets and a bunch of work.

Incomes.....

The start off, SPinvest will own tokenX but it'll not really be connected are promoted be to SPinvest in only way. It'll be its own project because the last thing we want is people getting confused and expecting dividend payments are any benefit SPI token holders have.

- 5% tokenX premium
Each tokenX issued by us will be sold at a 5% premium. This 5% will pay for hosting the token, maintaining the token price and rebalancing the assets every 26 weeks. If each tokenX is worth 5 HIVE, we sell them at 5.25 HIVE

  • Someone buys 100 tokenX for 525 HIVE We create 105 new tokenX - 100 go to the investor and 5 go to SPinvest's holdings

- 5% buyback offer Yes, we are going here again but hopefully this time, it'll be more smooth. So, as you think, this is a 95% buyback.

  • Someone sells back 100 tokenX for 475 HIVE SPinvest pays 475 HIVE for 100 tokens and gets the discount

Staking Rewards HODLing exchange tokens on their own platforms can bring in some small passive income but we're talking pennies. Of we can issue $5,000-10,000 worth of these over a year, those pennies add up.

  • All staking rewards go to SPinvest
Please remember that there is a big difference between a token that is pegged by assets and a token that is backed by assets.

Others people money!

SPinvest is all about investing and getting the best bang for its buck. Smart investing is all about, why invest mine when i can invest yours?. So, lets say, for example, SPinvest wants to hold some exchange tokens but doesn't like having to pay the retail cost. No, no, no.

So, we create a derivative sorta thing that's backed by all the exchange tokens SPinvest wants and launch a new token on hive-engine. Slowly over time, SPinvest earns a pile of free tokens from its 5% issuing premium and buys the rest at a 5% discount. Staking rewards are the icing on the cake and prove we can have our cake and eat too.


That's about it

That's all i think of right now. I cant think of a good name, once a good name comes, the logo will is easier. Anyways, what do you think?


. SPinvest's content is contributed by @silverstackeruk, @underground, @no-advice, @metzli, @taskmaster4450 and

Today's post comes to you from the desk of @silverstackeruk