@spinvest is nearing the end of its second year in operation. In a few months, we will close the books on year 2. Depending upon what happens to the token price between now and then, the year will end up being somewhere between spectacular and absolutely amazing.
In other words, it was a good year for SPI token holders.
Source
SPInvest is an innovator. It is important to remember, when this came out two years ago, few discussed the idea of investing clubs/funds on Hive (Steem at that time). In fact, SPInvest was really the first of its kind. Those who were involved know that token sales were slow and that it was like pulling teeth.
That is usually the case with first time innovators.
Fast forward a couple years and we see the SPInvest model being replicated. There is BROfund, DHEDGE, and a host of others. As part of the growth strategy for SPI, the most recent release is @lbi-token, which mirrors the system almost exactly.
After all, if something works, why mess with it?
They say imitation is the greatest form of flattery. If this is the case, SPInvest has a lot to be proud of.
As the value of the account keeps growing, the returns provided to token holders is outstanding. Long term growth is always appealing and having a track record of producing that is helpful.
Each week we get numbers showing how things are growing. The key is there is regular "cashflow" through the efforts of team members. This ends keeps providing the resources to enter different opportunities as they arise.
Everyone likes making money but being part of something that keeps growing is equally as important. Entrepreneurs are rarely driven by the money. In the end, the most successful are those who are on a "mission".
SPInvest's mission is to "Get Rich Slowly". This is a concept that was rolled out to LBI also. That does not mean the returns are going to mirror that of a bank; they do not. We have outstanding growth rates that will rival any growth stock. However, the focus is long term.
With cryptocurrency being so new, experimentation and innovation is the order of the day. It is vital that SPInvest keep engaging in financial innovation in an effort to keep producing results that benefit all token holders.
The opportunities present are near endless. Community involvement opens up a door which can enhance all returns. This is something that is very different from the stock market where one buys and the results are outside his or her control.
With SPInvest and its associated projects, the opportunity exists to have an impact upon what one is invested in. This is something that is rarely seen unless one is a business owner.
For those who understand this concept, it is huge. Being a big fish in a small pond is often a way to massive wealth, especially if that pond is growing at a tremendous rate.
SPInvest exercises the idea of community (or Hive mind if you will) to expand and grow. This is a way of being active to enhance the gains. It is no secret that the more activity, the greater the growth will be.
For those who have not participated, it is best to get involved now. As we enter the third year of this project, you will see a number of other innovations coming out. These are all opportunities for each token holder to grow his or her wealth.
Article by @taskmaster4450.
Nice job folks!
Any plan to expand SPI out of the Hive?
Looking forward to see innovative projects coming from SPI, pretty sure some will be "borrowed" by LBI later ;)
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Not sure about this. bank account brings interest. But also more liquid to get on the money.
If we have a super easy bridge Hive/fiat, I can think that could work. #
On the other side, one or some invest tokens with trust are more worth than many little ones :) maybe LBI will become one of the biggest.
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SPinvests provides liquidity. The biggest token buy back to date was for $5000 USDT. Our previous biggest token holder sold 11,500 SPI tokens back to SPinvest at 95% the market value. The transaction took about 20 minutes which is faster than the bank. Im telling you, we are next level. Oh and that investor 4x his investment
SPinvest does it correctly, we are an investment fund and understand an important part of investing is cashing out. SPI is the only token/project on HIVE that will buy back it's own token.
oh yeah thats cool.
I was more about thinking:
I totally agree. Its a good way to invest some funds to let them grow offer time.
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