After all that I have no idea what I would be investing in, what or how I would see returns. So, I simply don't have enough information.
Info that would be nice to have: Who is the team, what exactly are they building and what type of returns could an investor expect to get, and how will the investment pay off.
Good luck with the project!
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Yes, thank you.
The team is @hivebuilder and they are crowdfunding to buy a node on the splinterlands platform which is akin to being a witness on the hive blockchain.
My intention was to write surface information so that a person who does not know what nodes and witnesses or even blockchains are can understand the bottom line: It is possible to start investing in crypto with very little money.
I'll be re-reading the post a few more times, and seeing where I can get more specific without getting more technical.
The returns are varied, with no guarantees. The only guarantee is that they will work towards buying a buy back wall so that everyone who does not like the token can sell it back at the same price they bought it.
I appreciate your comment. I am looking for a balance and comments like yours are what will help me find it.
Posted Using LeoFinance Beta
Got it! Crowd funding a node! That's helpful!
Hope it goes well.
LOL.
I am sure I can add that in BOLD in the post somewhere.
Posted Using LeoFinance Beta
Hi will try answering your questions.
Tokens bought represent shares in a Splinterlands Node.
Similar to hive witness nodes, we would receive sps as rewards (depending on how many votes we receive which determines where we rank)
Feel free to check our account @hivebuilder we don't post much because we concentrate on actually making our token work rather than talk about it.
Previous posts will explain the token we run currently (defi token) you can read through the comments on the posts which will help with research in regards to us.
Also list of investors should give you confidence(rich list)
Our current token has dividends and a stable price with the most liquidity based on token supply on the hive-engine. Feel free to check it out.
We can't give you any numbers on returns as we don't know where we will rank. We hope if you buy the token you will also vote for us as other token holders will hopefully.
The rewards will be distributed to token holders and a percentage of the teams share will be used to provide liquidity and increase token price on top of your returns.
This concept may seem alien as no other token does this that we know of but previous history of what we have done shows we do things differently. We appreciate our investors and work hard for them. Any question do not hesitate to ask(could have made a post lol)
https://discord.gg/zTNS9Rg
Thanks good information. I'll take a look.
Posted Using LeoFinance Beta
This part of the article lets you know what you are investing in. Governance of Splinterlands.
Here I showed who the teams we were investing with were.
I will add information on how the project will pay out.
Posted Using LeoFinance Beta