Time for an update. Although I'm not in the best mood to talk about the matter, the first thing that I want to do is to pay my respects to the people directly or indirectly involved in the Ukraine-Russia conflict.
I don't have a deeply formed opinion on this, but as in any war the people who suffer the most are the ordinary citizens, so be careful out there. One's own life and survival are too precious to be gambled in a game of macro-chess by various rulers with delusions of grandeur and detached from reality.
Back to the issue at hand, has been a few weeks with very uncertainty & instability globally. Points to mention:
- Our AUM has dropped to our lowest level since early Nov, the main difference is that our main holding $DAO is at a crucial reversal point and I think that it will come back in a very strong way (check TA).
Although the previous point may appear demotivating (SEED at 1,7$ approx), it's important to remember that we have secured a decent bag of 30K HBD in the last months from presale profits (+5K HBD into a diesel pool). Keep a bit of patience for the markets to turn around and we can be chilling again at the ATH of 4,5$/SEED sooner than expected.
Quality & quantity of presales have decreased noticeably in the last couple of months and there are lots of presales on standby atm (obviously due to market conditions). The ones already in the portfolio have been bleeding like a pig in the slaughterhouse. Normal, if you ask me. Patience.
- Even with the smaller flow of presales, we still have around 30K$ vested unlocking gradually. I hope This flow of funds is enough to cover the next rounds of financing for new projects. This is how we're standing at the moment in the overall scheme of things. 'Locked value' is suffering the most since these projects are still under their initial stages of development and since they're considered 'high risk', investors sell those first.
- I've been scratching my head about the possibility of playing the Polycub launch with a part of SEED funds, but I'll just use our available LEO and the BUSD while we don't need them for new presales. (I want to resist and not decrease our HBDs in savings under any circumstances, they're our anchor.
Current SEED Stats:
Circulating Supply: 100.000 tokens (full released)
AUM Value (All assets): 170.000$
SEED TOTAL Value: 170000/100000 = 1,7$ /SEED
170/8 = 21,2% MoM profit
If you've been thinking about buying some SEED, this should be a good opp. Although I recommend you wait a bit and play the polycub farming game first. Stay safe!
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