Hello everyone,
Sorry for being slightly late with this report but yesterday had a bit of a hectic day with DAO Maker Presales. Very glad to see them coming again, we had a couple of decent allocations the last couple of days and a big one, so I expect those moves to pay off soon. A bit of a recap:
- Four rounds of presales (with three more to go) with a very interesting gem between them, more details later.
- Although portfolio numbers feel a bit stagnant, a huge number of assets aren't being considered (they simply don't appear and can't track them with cointracking). Soon I'll be updating again the charts to show the real numbers more accurately.
- It keeps annoying me but we have more liquidity locked than ever (+10K$ at presale prices) waiting for projects to list their own tokens (bear market things though). If we keep participating in more projects as they come I'll be forced (I'm already btw) to sell other liquid holdings in order to meet liquidity requirements.
Presales at full force: Bear markets are for building.
It's interesting to see how once markets stabilize (at least relatively), projects keep getting built & funded (not with the hype of a year ago, but still). After only 3 weeks of Bitcoin holding its ground presales have resumed and we have many of them this week. Let me make a quick list with our last participations:
- 10/07 - FIU Public & private sales (Ongoing).
- 10/07 - WRT Public Sale (Ongoing).
- 09/07 - WRT Private Sale: 2250$ allocation.
- 07/07 - ZenoGakki (NFT) public & private sales: 0,48 ETH allocation (around 500$).
- 31/05 - 09/07 XETA public & private sales: 800$ allocation.
- 31/03 - 02/04 PORTX public & private sales: 7800$ allocation.
As you can see the last few days have been busy :), excited to see all of these coming to fruition. Did I say yet that these are more than 10K$ locked on presale participations? Give me an x10 on these and SEED is insta-pumping again into the 2$ range, which would be awesome all things considered.
New Gem on my radar & the first NFT Project where I'm investing seriously: Zenogakki.
Usually, I don't pay much attention to NFT's and even less in bull markets since it's very easy for them to be overhyped and without plans to do anything after the mint and usual P&d. This is one of these beautiful exceptions.
Zenogakki is a project where we got a whitelist spot for the minting phase and we got 2 of their genesis NFT's.
In a few sentences, they're creating a new anime franchise (with a couple of chapters of the manga already released ) and the anime currently in production (+6 years of a storyline). Very strong partners and a huge level of investment PREMINT. This makes it obvious that they're not here to pump & dump, since they're acting like a startup. and a few million invested... PREMINT. Did I say that they do all of this by raising 0 funds? Yeah, premint.
Public price for the NFT's was 0,24 ETH , currently the floor price is around 0,2 ETH. So if you've been looking for an interesting NFT collection with long-term potential and you always wondered how it would be to invest into an anime/manga franchise, this is your opportunity. I recommend you take a look at this.
Looks very, very interesting. And you can buy at the absolute floor (since the initial price for everyone has been 0,24-0,28 ETH).
NFTs are an important trend that will only establish in the years to come, so investing early in trends can pay off handsomely. Same as DeFi. Play your cards accordingly.
Regarding the current state of the market...
As we talk more and more players keep getting liquidated. Honestly, I believe the worst has passed and only remains a bit of boredom in the months ahead. Relax, better times will come. For now, it's time to keep building, slowly and steadily. We'll get out of this.
I don't believe people who keep saying that we're going under 15K$ BTC or ETH sub 500$. I mean, it's not impossible technically, but believing that is delusional. Most of the pain is already done and the market is full reset.
You only have to survive.
I've seen some people struggling around on Hive and/or Twitter. If you need to talk or just share some thoughts, feel free to contact me. :)
Current SEED Stats:
Circulating Supply: 100.000 tokens (full released)
AUM Value (All assets): 134.500$
SEED BACKED Value: 134000/100000 = 1,34$ /SEED
134/11 = 12,18% MoM profit
I want to revamp slightly this chart and include a few more assets separately, HIVE, DAO, and HBD to name a few. This month SEED is officially 1 year old so I guess I'll do it after the 12 month's mark.
Greetings!
50% of blogging rewards paid to @seed-treasury.
Remember you can follow the portfolio in real-time here:
https://cointracking.info/portfolio/seedtreasury
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Good resilience of the portfolio despite the difficult crypto market. How much did you start with in terms of $ value?
According to old data from a year ago, the combined investment (without counting me) from all the participants in HBD, HIVE and USDT adds up to something around 38K$.
If we count my own investment (+100K$ according to my spreadsheet) then we are slightly under, but I never counted my own investment in that sense, since I bought up loads of SEED at 2-3$
probably we are arund break even all things considered (market -70% down since Nov highs).
regards!
Thanks for the clear response. Definitely not bad! We need to schedule a Discord call at some point to discuss investments hehe 😉
Feel free!
Are you coming to Hivefest? I'll be there :)
Good to see presales coming in again!
A lot of new projects, now we just need to wait for a couple of weeks to see them flourishing.
:)
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Hopefully! A few of them have been on wait for a few months already.
All this sounds good. Like gathering seeds for the new season. Must up my stake.
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Exactly my thought :) I'm also buying up seed slowly
I mean why can't bitcoin go lower, even to 10k levels ? There's plenty of bear (probably years ) ahead of us
A market is a perfect machine perfectly designed to punish the greediest participants.
Don't think about external factors. Don't you think that BTC at 10K$ is a wet dream for a bear (especially after a -70%)?. IMHO not, and lots of coins are already showing signs of bottoming out.
As a trader, I have to play the 'logical' setup, not the apocalypse setup which Perma bears wish. Eventually, I'll be right (everyone is right at some point).
Also think that for price to drop someone has to sell it first, and as btc's are being sold, it's increasingly difficult to drop it further. I don't see 2018-2019 buyers selling now, they had it's chance.
People selling now are retail massively underwater.
what I can't wrap my head around is a bear cycle that bottoms out in the first months and then it doesn't go further down for years. I get your reasoning but it still doesn't add up in my tiny brain
In bear markets we don't necessarily go down all the time, we can perfectly be ranging from ages and that's expected.
For example, in 2018 it took 10 months to reach the bottom, from that point we spent another year and a half just ranging without a clear direction.
I don't mind to range in that sense. Best time to accumulate.
That's what I mean, it hasn't been 10 months in our case
I mean you are right if fiat currency devalues more the equivalent to a floor price becomes higher.
Water level rise, everything is lifting :D
Nice , Future look Bright then.
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What are the liquidity requirements you have? Is it having enough funds for you to buy back SEED or is it something in regards to DAOMaker?
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I'm not buying-back seed with project funds atm and won't do it since the future is in paying dividends instead of buybacks.
It's regarding DAO Maker, to keep participating in presales I need liquid and available funds, and those are not always available since lately we have been raising funds but no new projects are being listed at the moment (which I expect to change soon).
For that reason, I've been selling some ORN from our portfolio when needed.
yea.. 10x would be good! 💪😁
that anime NFT one looks awesome! I like the name too..
can you please release your own stablecoin and make a new bullrun?`
I would be VC in that project, just saying :D
Lol. eHBD coming
what is with empo Dollars?
you burn empo and create empo $, is always worth 1$ in empo.
just saying.
for me it sounds unique.
Or you can collateralize SEED in a 200% ratio to mint eHBD , which gives a 20% APR (and we can think about a couple more loops).
we can involve institutional investors, like 3AC.
Or 4AC next run! :D So we have Demand!
What could go wrong?
200%+ APR farms,
Convertable coins to stablecoin,
and huge demand!
Pump it!
Good idea! Next month we can call Faketoshi, Roger Ver and Justin Sun to join us on the marketing side.
Next year we'll parter with the FED to make eHBD legal tender and force people to pay taxes with it pumping ur bags further.
Full of gud ideas u are
I call Christine Lagarde now, she says ECB is in with an unlimited amount of money.
Jerome is also in. Make digital currency great again!
First official government western digital currency!
Fogwdc, or like i love to call it, ponzi! :D
Ah fuck it, we create our own digital central bank.
We don't need them!