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RE: Announcement - BUILDTEAM Token Now Listed on CoinGecko.com!
They cannot give you an ROI because it is either low or negative(they nor I want to do the math now). There is dillution of the token that nobody talks about until the break even.(which nobody has yet, I don't think). There is a google doc out there that lists all the stakes and it could help with research. I will have to look for it.
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Edit: https://docs.google.com/spreadsheets/d/1AiiI_zqwb4g37aiteoIiprStIYl2M_N4F0aETyfZ8K4/edit#gid=0
This is the google docs that shows all the stakeholders. You will want to read up on how the tokens are created/burned first to find out more of how the ROI is calculated.
This may interest you https://steemit.com/buildteam/@buildteam/buildteam-staking-performance-review-of-the-buildteam-token
There is a dilution of 5000 tokens per month (2500 per period), not all of it makes it to the liquid market, tokens can only be earned by our developers and team members and some of them stake 75% or even 100% of what they earn.
The emissions are very low compared to other crypto, revenues should overtake emissions as BuildTeam projects mature and as the market becomes more bullish. It is a good idea to keep topping up on your staked amount, infact the BuildTeam token can be likened somewhat to the mechanics of the Drugwars.io game, the more you build up your base of operations the greater the share you get of the global production, incentive to keep building up your stake. Prices are ridiculously low right now.
I did stake back in 2017 and then un-staked it all recently. I was seeing the percentage of my stake slowly go down, even when re-investing the steem that I earned from the stake. Has anyone broke even on their "stake/investement" yet with the buildteam token? I do like the services being supported by the token, but some people are blindly going into this without true numbers. I was just pointing out to @cryptoeera that ROI has not been researched, or nobody has shown it yet.
BUILDTEAM tokens are basically a speculation on the future value of the services on the BuildTeam network and on the STEEM price, regardless of dilution, the income from the projects could prove lucrative in a bull market and earn good revenue for token holders.
If you consider dividend stocks, most don't yield more than a few percent per annum and and take many years to break even on dividends alone. Here is an example of some stocks that don't yield any more than 3% per annum http://www.indexarb.com/dividendYieldAlphan1.html, the break even on dividends alone on those stocks is more than 30 years.
You basically have to look at the BUILDTEAM token holistically, with overall benefits being staking revenue while still maintaining the original speculative token capital which could see higher values again just like the rest of crypto. There is no break-even data collated to date but I would guess it is way sooner than the 30 years of traditional stocks.
Even in the face of dilution, if app revenue exceeds the rate of dilution or if the STEEM price moons and increases the revenue value, the tokenholder is still nett positive.
If you look at some of the top stakeholders, many have made back more than their staked holdings in Steem.
The user roomservice is a good one, I remember that name from early on, they have approx 1200 BUILDTEAM and have earned 3 times that amount in STEEM since the token launch at end of 2017.
Sure. Your stake % goes down with more people staking. Thats very clear. The thing that gives the token value are the projects being built by the BUILDTEAM.
All that matters is that they continue to build more and more revenue streams.
The only problem is see occuring is them being too charitable with allocating the tokens to devs.
Question is if you trust Buildteam growing and being successful.
And after reading the analysis post again, they had just shy of 70 million BT staked. It is now up to 74 Million staked. I understand the 5000 being created per month. What is happening is creation of the tokens are too high, and the amount already distributed is high as well. I can see them growing and being successful, but at some point the tokens will be diluted so much, the investors will be holding the bag.
Nah its 74 000 not 74 million.
I did not know that inflation was that high.
Hmm. That means the number of tokens will double in 14 months from 74000 to 150 000.
Its almost 90% inflation.
@thecryptodrive can you confirm this?
Yes that's right, bear in mind we don't always issue all 5000 in one month, in slow dev work months we issue less, sometimes only around 3000 per month, but your math is not wrong regarding the max allowable inflation. We are currently discussing a buyback using a % of our monthly profits that was earmarked for savings prior to reduce the supply.
Remember the 74 000 tokens were achieved at a constant inflation of 5000 tokens per month from zero, there was no initial bulk issuance, was always at this rate. If you think about it, most projects issue or airdrop several million tokens at the outset and then trying to work their way out of the oversupply, in the case of BUILDTEAM it could be considered as a prolonged issuance that didn't happen all at once.
Once the market pumps and revenues start streaming in, the impact of inflation will be less problematic. I will give you a sneak preview of an investor-grade leasing market platform we will be releasing in a few days, the url is https://dlease.io also @tokenbb is having good progress and is poised to gain a large share of the user interface market.
We are always looking at costs and with the advent of MIRA, Steemit's lower cost node infrastructure we should be able to halve our monthly node server costs. In light of future cost reductions and potential revenue, I can't see how our monthly profits won't at least double, which will carry the inflation over the next 14 months, basically to maintain the status quo our profits have to double every 14 months, it was just unfortunate that we are all used to the boon of the bull market which with aggressively overinflated.
In addition to this, we will be meeting with our devs this week to discuss ways that we can optimise dev pay to reduce inflation.
We are trying our best for the BuildTeam network, please bear with us.
hmm. Ill need to look into the math a bit deeper. See how much my % stake is being reduced monthly and what the steem payout growth rate will be.
Those few things look promising. Definitely going to look into the lease market. Nice design improvement.
Awesome thanks, I edited the above with extra info incase you saw only the old comment.
Realistically our distributed profits have been around 1400 STEEM per period (2800 STEEM) per month these last few months, It can't be hard to double that, MIRA should shave at least 600 STEEM off our server costs per month and as the STEEM price rises we need to use less STEEM to pay for external server infrastructure which means more STEEM to distribute to stakeholders.
I just worked out that the yield on the BUILDTEAM token is roughly 69% per annum at current prices and revenue levels.
Check if my math is correct, there are 62k staked tokens in total at approx market price of 0.29 USD each which makes the staked value 17 980 USD, then consider we distribute currently around 2800 STEEM per month to vested stakeholders, at a Steem price of 0.37 USD that is $1039 per month x 12 = 12 468 USD per annum.
So 12 468 USD / 17 980 total vested stake x 100 = 69.34 % ROI annual return.
Most traditional dividend stocks only yield 4 to 7 % per annum. Darn, one of the BuildTeam mandates is that founders can’t stake otherwise I’d buy out the entire sell wall, lol.