WE HAVE DONE IT, 10,000 SPI tokens issued!!
SteemPower Investments has hit its first target on the token distribution plan with having issued it's 10,000th token about 2 hours ago. This is really amazing for a project that is a month old today and i look forward to sailing through our next ICO stage target of 25,000 on the way to becoming one of the best store of value tokens offered on the SE exchange.
Steem powered investments has been set up to offer an investment fund based on funding from STEEM POWER. Investments are funded through extracting value out of STEEM POWER and taking advantage of STEEM's high inflation rate. The aim is not to get rich quick; the aim is to build a safe portfolio of investments that will stand the test of time while insuring all investors starting capital is not at risk. Full details can be found here
200 SPI giveaway
Let's get started with the 10,000th token issue giveaway. Instead of paying out dividends with all investors receiving an certain amount of SPI tokens based on their holding i thought we could make it a little more interesting. I have decided to split the 200 SPI prize into 2000 smaller prizes of 0.1 SPI each and run a raffle contest were 1-5 SPI tokens will win a prize. Investor's are given a block of numbers based on where they sit on the token owner list (seen below). I think that this mixes things up a little and adds a small element of chance and excitement.
The table below show the current SPI token holder list with exactly 10,000 tokens issued. You can see raffle numbers beside each investors username, this is their block of numbers. I will use a random number picking website to select 2000 random number between 1 and 10001. I will then write some formula for excel and then i will release a post showing winners and issuing out prizes to all the winners. This post will be uploaded in 2 days when prizes are verified with prizes being issued on the same day.
10,000 issued, only 990,000 to go!!
Good Luck to everyone on the table below
Keep an eye on the SE wallet on Tuesday, if you own any SPI tokens, chances are you might have some extra :) has committed to running a winner take all mini raffle for half his winnings with all proceeds going to
after winnings are issued.
Now the important stuff
Token Revaluation
As part of the SPI token distribution plan i set in place, the price of SPI tokens are to be revalued and re priced as we pass through each milestone on the road to having 1 million tokens issued. I have now removed all old steemconnect hotlinks that offered SPI tokens for 1 STEEM each from all my past posts and canceled 's sell order on the SE exchange. New hotlinks have been adjusted to the new SPI token price and a new sell order on the SE exchange will be offered. By the time you are reading this, all changes will have taken place already.
With the recent surge of SPI tokens sales, the true value per each token has declined a little over the past few days so when revaluing i will be rounding up to the closest 0.1 STEEM. has already over performed for the first month in terms of percentage gain and this trend will continue by creating curation trails, collecting other SE tokens and earning passive incomes. We can all see that the account has already earned 244 STEEM which works out to 2.4% for 1 month and keep us on target for 20% per year keeping in mind we have only just got to 10,000 STEEM POWER. I could see
making 3-5% per month if it was done correctly.
New SPI token price
With the next token re pricing set to happen when 25,000 tokens are issued and for the reasons above i think that it would be fair to set the price 1.10 STEEM. This might seem expensive but i would expect to have a true value of 1.10 STEEM within 4-8 weeks while issuing an additional 15,000 tokens might take 3-4 months. This also opens up the chance for investors to sell tokens on the SE exchange at a price lower than 1.12 STEEM but over the 1 STEEM they paid and take a small profit which adds SE market volume and helps to drive SPI up the ranks on the exchange for more eyes to see. You'd be mad to sell but the option to cash out at a gain is there for everyone and after only 1 month.
Earnings and Holdings
Adding all of these current income's up can give a rough estimate on the amount of STEEM that will earn. I have worked it out for 4 weeks as cycles and payments for leasings are done in weeks and not months. After adding everything up, i estimate that SteemPower Investments will earn 274.65 STEEM within the next 4 weeks if no more new tokens are issued. That works out to be a 2.68% gain so this time in 4 weeks, i will revisit this post and compare today's estimate against how much we really earned in 4 weeks.
SPI token distribution
That is the first target complete and we are now on our way to 25,000 tokens issued when another re pricing and dividend is paid out to investors as a reward during this ICO stage of SteemPower Investment on our way to 1 million tokens issued.
How to buy SPI tokens
Below are the new steemconnect hotlinks that allow investor's to buy directly from . Each token is priced at 1.10 STEEM each and beside each link is the true STEEM cost to reduce confusion. You can also send any amount directly to
and i will issue you SPI tokens to 2 decimal places for the value of STEEM to send. All tokens bought directly will be sent to investors SE wallets within 24 hours but most likely much sooner.
5 SPI tokens - 5.5 STEEM
10 SPI tokens - 11 STEEM
25 SPI tokens - 27.50 STEEM
50 SPI tokens- 55 STEEM
100 SPI tokens - 110 STEEM
200 SPI tokens - 220 STEEM
500 SPI tokens - 550 STEEM
1000 SPI tokens - 1100 STEEM
2500 SPI tokens - 2750 STEEM
5000 SPI tokens - 5500 STEEM
Convert other steem-engine tokens to SPI tokens
Most of us by now earn a few different tokens through other steem front ends are have been airdropped tokens during launch ect. I have wrote a step by step post that shows anyone how to convert other steem-engine tokens into SPI tokens. You can learn how by clicking here
Get in contact
Discord Invite - Click Here -
I go by silverstackeruk#3236 if you would like to DM me
And the cherry on the cake
What do you have to lose? What token has a operator with so much faith they offer a 92% buy back