SPinvest investment Updates - 13MAR21

SPinvest is a tokenized investment fund/club experiment open to all HIVE users. The concept of SPinvest is to get rich slowly by using time tested methods of earning, saving and compounding long term. 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 hive-engine by search SPI.
SPinvest has a proven history of success

Hello, welcome to this weeks SPinvest update. As always let's jump straight into it.

Update

Music4Life - M4L This tribe was the first to receive SPI funding and we've backed a winner. The tribe launched only a few weeks back and is already released Vibes.show. This website allows anyone to book a slot for performing. This could be someone hosting a radio station for any type of music, a group of lads that have a garage band and a webcam, someone that likes to sing, songwriters, DJ's, freestyle rapping, etc. It's a launchpad for anyone that what's to perform, grow a following and engage with their fans.

Performers book a slot, set a show ticket price and views buy the tickets to the people they wonna watch. M4L collects 5% of the ticket sales. Having only just launched, there is 1 even planned so far, tickets cut 1 VIBE each. If your into music performance, you should check out this.

Launch Post - click here Vibes.show Website - click here

SPinvest's HIVE POWER I put a post out 2 days back to float the idea of powering down some of SPinvest HIVE POWER balance in the hope a bHIVE LP will be added to CUB den at some point. We seen that the rewards few exceed the risks considering the only real risk is CUB getting hacked and use losing our funds that way. The feedback from the post had the majority agreeing it could be a good move for us.

This evening I pulled a 42,000 HP of leases and im likely to pull another 10,000 lease soon as well. This represents around half of our HP and we will be keeping the ssg-community lease on for sure. None of this HIVE will be converted to BNB are any other token other than bHIVE. The other half of the maybe bHIVE LP would be funded with our ETH balance which is already on CUB. I have no issue converting ETH into BNB to earn a thousand percent on an LP.

CUB FINANCE
We got off to a flying start with CUB finance being one of the one wallets to stake ETH in the den. CUB harvest has been getting smaller as more people have piled in but we have earned a nice stake of CUB that are staked in the CUB den. JK has a bLEO/BNB LP set up pulling a few CUBs every day. So right now, SPinvest is doing ok, harvests are getting smaller but we already have a decent whack of CUB tokens. We'll play the compound game until week 3 is over and rewards level out. Fingers crossed as rewards become harder to get, the more expensive the CUB token will become.

EDS miners still on sale!
These are still paying out mining rewards of over 60% ROI with only 1/3 of total miners issued to investors. This ROI will not last forever and if people are not gonna buy them, I will burn any that are unsold and then release an EDS mega miner in 3 months that will pump up the ROI on EDS tokens even more and then everyone will be like....oh, man I wished I had bought more back then. People would prefer to invest in magic beans over already up and running a project that has a track record for delivering as promised.

https://hive-engine.com/?p=market&t=EDSM

SPinvest Week 45 Solid week, earning were on par with last week at just under 1300 HIVE. This weeks divided of 124 SPI has already been issued and our bags have been pumping hard over the past few days with BTC, HIVE and LEO all mooning.

Total HIVE wallet balances are 92,395. The hive-engine wallet holds 147,226 HIVE's worth of tokens and off platform investments or worth 239,686 HIVE. This gives is a total bag of 479,307 HIVE worth $189,326. Not bad for a bunch of neeks on the blockchain 😁. With HIVE's current raise in value, our invests right now or perfectly split 50% HIVE investments and 50% non HIVE.

That's it That's pretty much all the updates for this week, it's been a great week and we are winning the game. Thank you for taking the time to read through this, as always i hope you have a productive week and i hope your bags pump. Im @silverstakeruk representing @spinvest as always, have a good un.

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