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RE: SPS DAO Mints Promo Card for SPS Stakers

in #spsproposallast year

Been thinking about swapping half my sps to GLX on a day when the ratio is close and may have to do it very slowly but want to 5-10X the GLX for 30-60 days by swapping 300K more sps to GLX over time when I can get a good rate for glx as its been worth much more at times and flucuates allowing me for some nice swaps. But the APR is slowly getting lower and i dont see it getting crazy low for at least a few months so might as well swap it so its half and half up my daily income to a few hundred use that to invest half into the assets that make the most sense like sps when it is .025 or below or glx when its .029-.031 and sps is close to 3 then all sps goes to GLX for daily rewards. Also HIVE, BEE, SPT, a new token that will be issued to my outpost that will act like SPT but will be only issued when new non token assets are acquired and only then will say 1000 more be added to a staking contract to distribute them over the year and new distribution contracts will be added monthly to update the inflation based on the growth of assets in the fund and the trading value will be NAV which will be published up to as real time as possible. The new token will also offer a bonus amount of the new outpost token if SPT is traded in a x/y ratio and that SPT will be used to create more income for any members posts in the outpost. The staking token will be purely for the capital in the DAO and to hold the assets to create a new cash flowing reward token so its not backed by nothing. Once it gets traction there may be a second class of reward tokens issued for SPT and ONEUP swaps as well as cartel tokens can be swapped to obtain this token which will likely take a year to raise the seed capital and release the first SplinterTalk basic income dao backed by actual cash flow producing assets like stable coins etc which can be reviewed on the financials and on chain for proof of tokens. Also we will operate a few different sites for revenue and some of which could be very significant if they catch on the right way like one could generate a few million then the funding problem is solved, others can generate im not sure yet but will be more than now like the use of AI to post hundreds of posts on steem to mine votes and tokens to swap back to hive and bring value into HIVE and the fund and leech off steem and other blockchains that are reward for posting just set up 10-20 accounts to vote and comment on each other generating revenue and followers by following everyone you can re blogging ppls posts and voting half of the votes on others in the begging with a message to follow for for votes, contests and sometimes free give aways or games like poker for spl cards. Plan on building a pretty cool idea with poker which will be interesting. Could be really cool table top version as well as develop a simple power DAPP to do what i want. Also have a dice game instead of hive bet spl cards and only certain kinds that we are able to buy a ton of and make the house edge more than the dice game to like 10% and have a casino spl war game all in my future metaverse plot in decentraland where there will be all sorts of things you can do that are hard to do but we will have a online local btc and a gift card tokenization so ppl can trade gift cards at a say 10-30% discount for btc and i will be a market maker on that all day taking he gift cards after they have been registered offering a X store discount NFT where I would use my 70% cost gift card and purchase ppls orders for 85% off making a 15% margin or selling the gift cards outright, or finding a easy to buy item with gift cards like give better rates to useful cards like visas, mastercard, gas, walmart, etc where i can sell them very easily. Have a bunch of swap sites that are just referral commissions when someone swaps and optimize them for SEO and give ppl a reward token that builds loyalty and gives you credit for a swap later to knock of some fees. Also offer to purchase any item for 3% cash back and pocket 3.23% using the clubs entities cards which there will be a couple of entities to get cards issued to and that way when its slow they can bill each other and net a few hundred a day depending on the number of cards. Any cash back will be used to send to each members custom card for the club. The club/fund will at first only issue schedule K-1 as it will be a LLC and a LLC (S Corp for trading MTM) as well as the DAO owned 100% by the LLC in the Cayman Islands so the unit holders of that own 95% of the trading S Corp and BCKC Capital owns the other 5% as a additional bit of complementation for the trading/risk mgmt team. For the first bunch of members they will be recruited based on there skill set and what they can offer the fund that it does not already have basically put the leadership team together with a person that is a expert if possible in all areas we need such as coding, software development, taxation, accounting, investment analysis, trading st and lt, foreign law for companies, blockchain laws, Incentives and areas where those incentives are to operate a blockchain and digital asset fund that will be operating in probably 50 different types of investments by time (if it ever gets) past 5 million. Got about 100K start from my loan which will become a contribution to the extent the other members contribute to the fund if not it will either be a loan or personal accounts or for a different fund. There will be a financing fund as well to provide debt funds using up to 25% of its capital in the form of a revenue share up to 3X the capital and 25% of cash flow until paid off. Also can try to issue a bond like instrument with a lower rate and non recourse financing. Will also want to do micro loans as well as finance projects and land purchases like mortgages in the metaverse and make sure we can foreclose on the property and the lending will be much more strict with collateral that must be locked but still can be directed and put in safe lps or be in a brokerage account as long as we have a lein against it or can put a lien on a house for the collaterol to make sure that they pay it back and since its higher risk the roi will be pretty large like binance futures funding rate in the 100% plus range at times. The overall goal of the fund is to provide returns using stable coins and gaming assets as well as in time grow the stable coin portfolio to larger than the original principal and do a refinance with a debt fund year 3-5 to return a big chunk of capital and possibly get a business SBA loan to expand to physical large commercial mixed use real estate where as soon as we are capitalized can turn it into a blockchain haven for ppl who want to live that life and not use traditional banks. Everything will be set up to be blockchain friendly including that everyone will be required to use a blockcard or have one so that crypto an be sent to it in case of a refund etc. Rent can be paid in some in game currency, major crypto and stablecoins. In the basement there will be SAAS services for nodes and syndiated staking funds, miners that produce heat to heat the building or areas of it, maybe put a miner of a profitable currency in each apt where in the winter the vent can be opened to inside and in the summer can be opened to the outside and the buildings air can cool the miners as well as the vents outside and the heat can probably be used to create some sort of renewable energy using wind power by harnessing the air flow. Also can be used to possibly heat water in a pool if the rental is a smaller one or even a larger one with a pool. If a larger one the top floor will be a trading floor, local exchange, VR exchange where ppl can trade p2p in the metaverse, a gaming e-sports floor for different games and a floor for various guilds and other space to work on projects as long as the building gets a 51% interest for providing the space, power and other things. This could get the building into some cool startups that add a crap load to the ROI. Again using my referral site tenants will have a tablet in the apartment as well as a mounted thing on the door with all of the services the building offers and the tablet to order them like car detailing will have a car detailing business that details cars for about 200-300 a car an will pay a independent contractor 50-200 depending on the services. The customer pays either with cash or anything i need to pick up by just holding onto it and that will be my job collecting loot and making sure the customer is happy then offering the referral site as a way to quicky get this for free and 25% off next time bc ill make 4X that way and they pay less. Also want to get a bunch of cheap tablets have SPL, TD and GLG loaded on them and accounts as well and goto a homeless shelter and show them the game and when they win or what ever amount i will pay them cash for 50% of there winnings from battles and then if they are reliable and good ill get them a tablet with cell internet and get the cheapest plan possible and have a contractor play all the frays for me for a split in many guilds so I wont need to take that time eventually either and can focus on just finding new strategies for investing, taxes, and new areas to get into as that is my area is finance. Ill need to find contractors likely in countries where money goes further like Africa if I can find a group of ppl there that want to go hamm on a guild bc its like striking gold to make that much there then that is where i will focus bc i can pay what i need and they can get a much better living. Also will be able to help homeless here and hopefully start leagues between colleges, investment clubs at colleges etc and all while showing them my referral site that will make it so easy most ppl will do a few hundred or 1000 ish making it only 1000 ppl to get a million from it and the few hundred ppl i researched it with said they would pretty much all do it. So as long as my health is ok like i just had a month where i was in rough shape my back was like 5X what it usually is the morphine they have me on didnt touch it and i actually was in the hospital for a week then sick with the flu on new years in the hospital and a few weeks afer still sick a bit.

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Hey @bcarolan639 that's a lot of information and I don't have time to address it all. But I will say a few things. One I hope you get your health better as that is always the most important thing. Another is I own both SPS and GLX and happy to own them both. I do think one will outperform the other, but I don't really get in the weeds too much and try to figure out which will do better.

Finally I can tell you are an "idea guy" that is very creative. You have some interesting ideas and solutions to issues we face and I think you should definitely pursue the ones that most make you passionate. I don't have tons of answers in some areas, but I can tell you have given this great thought.

I'd give you a suggestion of breaking down your ideas into more compact and separate topics so that they are easier to understand. In other words, you cover a lot of ground on many topics and many ideas, so it obvious that you have a lot of good things to say, and I think its good for you to also be heard. Most people can only digest one idea at a time, so that's why I suggest this to you. I respect your thinking and would like to see you follow up on your ideas too!