SPinvest is 1 year old!!
First, of many we hope
Believe it are not, SPinvest is 1 year old today and what a year it has been. It has been a great journey from launch post to yesterday's earnings and holding post seen here. Who could have predicted that we would sell 100,000 SPI tokens in under a year? The goal was 1 million but 100k in 1 year is not small fete, we would never have got to million unless we continued to split and dilute the token. The hard cap has added a further premium to the hive-engine exchange price (bonus). After 1 year we have a dedicated group of like-minded club members actively pushing the project forward. It ain't a 1 man show anymore as we head to 100% decentralization.
Year 1
This will be known in SPinvest history as the year of the ICO
We issued over 94,000 tokens in under 8 months which was enough to generate a nice income from leasing HIVE POWER. We also created our partnership agreement and accepted club members that agreed. These club members provide governance of how the fund is ran through club voting. Foundation set.
What we never seen coming was HIVE. Set up as SteemPowered Investments but known as SPinvest are SPI, we changed the SP from "Steempowered" to "Social Prosperity" Investments when we moved the project over to HIVE. We needed to keep the SPI because the main account and all the sub-accounts contain SPI in them and starting fresh on HIVE with brand new accounts was a no can do. Anyways, long story short, as SPI token were 90% backed by STEEM when HIVE when airdropped, SPinvest's fund value doubled overnight and then HIVE MOONED for a few weeks. I think the peak seen SPI tokens valued at $1.14 each.
One thing i noticed is that most of the people that supported the project from the get-go are still around today. SPinvest has become its own small club within itself, not so many people outside the ring of 150ish token holders understand it. This seems to be the way of a lot of projects and im not complaining, it's good to build trust with people over time and gain from their experiences and input.
June 28th till the end of July 2019
28th - Launch Post click here
4th - SPI Token Distribution and Rewards click here
13th - 5000 tokens issued in under 2 weeks, reaching Dolphin Level click here
15th - First off platform investment click here
22nd - SPinvest contingency plan released click here
28th - SPinvest hits its first milestone of issuing 10,000 tokens click here
August 2019
4th - Introduction of the Fiat to SPI token monthly group buy - click here
16th - First club member vote for goverence click here
24th - The SPinvest partnership agreement is released click here
25th - SPinvest hits its second milestone of issuing 25,000 tokens click here
September 2019
1st - First official club membership post released click here
10th - First official club vote takes place click here
22nd - SPinvest hits Orca Level on Steemit click here
October 2019
1st - SPinvest-leo is born and offering SPI tokens Leo delegation click here
5th - First ever club discord meeting took place click here
8th - SPinvest hits its third milestone of issuing 50,000 tokens click here
26th- SPI token listed on Leo.DEX exchange click here
November 2019
9th - Second SPI club meeting click here
15th - SPinvest-neo is born and offering SPI tokens Neo delegation click here
22nd - SPinvests short, medium and long term goals (pre hive) click here
28th - The GREAT SPinvest Treasure Hunt was launched click here
December 2019
12th -First introduction of the SPI token split click here
20th - Looking at key achievements for 2019 click here
21st - SPinvest 2020 goals (pre HIVE) click here
28th - SPinvest splits its token to reset the price t 1 STEEM click here
January 2020
1st - SPinvest beneficiaries are launched click here
11th - Off platform investments go over a 5000 STEEM valuation click here
14th - Draft post for Leopedia release click here
25th - Looking into NFT'S click here, part 2, part 3
29th - Leo launches marketplace and we have sales!! click here
31st - First SPI beneficiary payment to members click here
Febuary 2020
2nd - The different between SPI and SBI clickhere
15th - Tron buy Steemit, whats this means for SPinvest click here
March 2020
1st - SPinvest launches its Royality token click here
4th - The great STEEM vs Tron witness war click here
10th SPinvest starting building its Dcity click here
19th - SPinvest's last ever post on the STEEM blockchain click here
20th - The plan to move from STEEM to HIVE click here
23th - SPI token revalued to HIVE click here
April 2020
1st - SSUK announces he has lost all the SPinvest keys when his computer crashed click here
6th - First STEEM power down comes in click here
24th - Idea to move to hive-engine and hard cap the SPI token click here
May 2020
10th - SPI hive engine airdrop is completed
17th - First SPInvest weekly dividend is paid to token holders click here
and that bring us pretty much to were we our now, with the addition of 4 more content producers.
Year 2
Surprise us!!!
Who knows? HIVE could be $1.00 and Bitcoin $50,000. Tether might collapse and spark a huge bear run that kills crypto. Blurt might be the blockchain we all end up using. HMT's might be released and we can cut away from hive-engine. Maybe i fuck something up and everyone wants their money back, SPinvest might not even be running in 1 year are we might get round to building a HIVE game and could be ranking in the money. It's hard to even guess what will happen, one thing i can say with 100% accuracy is change will happen.
We are starting out year 2 much stronger than year 1, Let's set a marker so we can come back in 1 year and compare.
The avg SPI issued at 16 cents, today each SPI token is worth 41 cents. Let's come back next year and see how much we've improved by.
I should also point out that it's been 1 year and SPinvest has manually processed thousands of transactions from fractions of a HIVE to thousands of dollars worth of Tether are Bitcoin and not one single transaction has gone wrong. SPinvest has never misplaced are lost any of its investors funds. I understand im not supposed to lose money but mistakes happen and im just pointing out we've been lucky to have been able to spread our funds around to diversify without getting scammed are sending to the wrong address. For anyone with the time, SPinvest is 100% auditable for anyone that has the time. In fact, we'd pay 50 SPI tokens and 100 HIVE for anyone that is not a token holder to audit and share the results.
Yeah, we are super lucky
Here's the golden rule. Confirm the first and last 3 before you hit send and do something silly.
