Hello everybody and welcome to this Saturday's post. Today i will be mainly talking about the @spinvest-neo account and neoxian.city. Truth is i need to look into earning curation rewards and how to best earn them while supporting the Neo tribe members. The account is being run by @underground and i am sure he knows his numbers but sometimes i might see, find are know about something he does not and of course that works vice versa. Look at all the amendments done to @spinvest from its launch through club members and investors making suggestions. Fun fact - The logo you see below is not the logo that SPinvest launched with. There was a different logo that lasted 1 day. My good friend @monsterjamgold told me the logo was rubbish and to change it. I listened and the rest is history.
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 ensuring all investors starting capital is not at risk. Full details can be found here
Without talking about the actual tribe so much, this post is focused on earning curation rewards, working out how much the mining rewards should be for delegators and basically seeing how it all works. I'm doing my research and writing a post at the same time, 2 birds with one stone and all that good stuff. For those that do not know, @noexian who is best known for his STEEM bank and providing lease's to community projects is the founder/active operator of this tribe. He is a pretty savvy guy, a grinder and knows what's he doing. SPinvest will only open a tribe account for tribes that we believe will still be around in 5-10 years. We are in it for the long haul and i think our friend Neoxian is as well so it makes sense.
Let's have a look into this
The first thing I'm going to look at is how much Neoxian Power is being delegated to spinvest-neo.
If you can not see that, we have 164,000 Neo Power to play with. Now let us bounce over to steem-engine to give us a ballpark figure on what we are earning from the account. We simply add all the rewards from the 17th until today and that gives us a week's worth.
This gives a grand total of around 720 Neoxian we have earned from curation and post rewards. We can use this as our ballpark figure to work off. I would expect this number to rise as we are just getting started and warming up but it's more to give us an idea of what to expect.
We have 160k Neoxian Power and we earned 720 Neo tokens
That not seem like a lot but when worked out over a year, this is the same as an ROI of 23% which is pretty amazing when you consider that 160k Neo is our starting point. We are off to a good start and i really do think we can improve on that with some fine-tuning.
Neo delegations to SPI mining rewards
This is what everyone is interested in, let's not beat about the bush here. Before we get started, please do not think about steem-leo mining rewards, this is a different tribe token with a different dollar value. @underground has confirmed mining rewards will be issued monthly, i assume calendar monthly on the same date. Using the numbers above, we can work out that each 1000 Neoxian delegated earned @spinvest-neo around 4.5 tokens in rewards in 1 week are around 19.5 over a calendar month. These include post payouts but the spinvest-neo has not had 160k Neo Power for the full week and they sorta cancel each out a bit.
19.5 Neoxian tokens are worth 0.35 SPI token
To launch mining rewards it might be best to come in soft for the first month and then after we get a better idea and more consistent results to work from, we can up the mining rewards for the second month's payout. Based on 0.35 SPI token from 1000 Neoxian per calendar month, i would have to say start at 0.20 SPI per 1000 Neoxian delegated until we find our feet and really get into the tribe.
0.20 SPI token mining reward per 1000 Neoxian delegated?
Just to quickly compare with Leo
I know i said just 10-12 lines ago don't compare this with Leo but i think many still will so I'll show you the numbers roughly and break it down.
You need 12 Nexian tokens to get 1 Leo token. Leo mining rewards are 1 SPI token per 250 Leo's delegated every 4 weeks. 250 Leo is worth the same as 3000 Neoxian tokens so when you think that 1000 Neoxian Power currently earns 0.35 SPI tokens, 3000 Neoxian power will earn 1.05 SPI tokens. I would expect earnings to increase over the next few weeks as underground begins to work his magic and our ROI increases but it goes to show we are starting out on the right road.
What needs to be done
Mining reward These numbers need to be re-worked and second confirmed before a terms post is released. I think the plan will be to screenshot the delegators list on a certain date each month and pay mining rewards 1 month after. This is very common with a lot of crypto staking plans and it's nice to have something coming every month :) This is to be confirmed by underground
Curation Earning We were going to use curation trails but have second thought about this since and will build our own magic list. It will take a few days to build up a list of Neoxian tribe members to curate with the Neoxian Power balance but we will get there and hopefully, we can increase curation rewards and give out some juicy Neoxian upvotes to its tribe members in the process.
Revisit Mining reward After we have curation earning sorted and maxed out, we will revisit the mining rewards and most likely increase them according to a split of at least 50/50 and the heavier percent will always go the delegators way.
I excited about this as it's a very interesting tribe and there are lots of ways to be active within. Everyone that i have spoken with so far has been super friendly and i found out lots of great information on their discord server. I look forward to watching the progress of their minetest game and who knows, SPinvest might ever take a punt. Good things are coming from this tribe and SPinvest is looking forward to being part of the madness.
What do you think?
What do you think about these for the different SPinvest sub-accounts? I think they are pretty simple and make it easy to tell which account is which. Leo is orange cause it's frontend is orange, Neo is silver cause it's frontend is silver, votes is green cause Robert De Niro said it was the color smart people picked in Meet the Fockers and when your voting, you should be smart so green promotes this maybe. Maybe i over thought it, haha. But the colors relate to the account being the main point. Let me know, some feedback would awesome. Oh, and @spinvest's logo would remain unchanged with no halo. Pure
Below are steemconnect hotlinks that allow investor's to buy SPI tokens directly from @spinvest. Each token is currently priced at 1.20 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.
5 SPI tokens - 6 STEEM
10 SPI tokens - 12 STEEM
25 SPI tokens - 30 STEEM
50 SPI tokens - 60 STEEM
100 SPI tokens - 120 STEEM
250 SPI tokens - 300 STEEM
500 SPI tokens - 600 STEEM
1000 SPI tokens - 1200 STEEM
2500 SPI tokens - 3000 STEEM
|SteemPower Investments Introduction Post||Click HERE|
|SteemPower Investments Club Partnership Agreement||Click HERE|
|How to become a club member||Click HERE|
|How to convert SE tokens into SPI tokens||Click HERE|
|Join the SPI club Discord server||Click HERE|
|Join the SPI curation trail||Click HERE|
|What's best for the SPI Club? Centralized vs Decentralized||Click HERE|
|SPI tokens 95% buy back guarantee||Click HERE|
|SPI Club monthly Fiat to SPI token group buy||Click HERE|
All questions are welcome, please ask in the comments below