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RE: My thoughts on the future of Spinvest
Excellent points.
- capping token sales at 20k and distributing remainder would be really good however 9% doesn't really look appealing almost everything in crypto land yields more.
-admin/organisers should defo get rewarded as you guys put in hard work
/time/commitment
-investments should be focused more on chain as you are alienating numbers of potential investors.
Once you take off chain it's out of investors control(not that we have any here) but phycologically makes us feel more comfortable.
I am glad there is some recognition that we may be hurting leo and neo in particular. That has changed from completely dismissing the fact to maybe. Next stage is definitely but will let you guys realise that yourselves.
-maybe paying people in leo and neo divs would counter that somewhat but I highly doubt it.
Majority of new holders have come from the lotto as I encourage them to hodl. A hand few have bought additional tokens but thats on par with sellers so no biggy.
Other major new holders are from neo dele.
How do we attract more investors?
Thats the trickiest question and there are no quick answers unfortunately.
But I am sure if we bang our heads hard enough something will pop up.
Additionally @silverstackeruk deserves a break and hope he recharges and comes back stronger.
Keep up the good work guys 👍
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The 9% would be the income, profits above this would add to the asset base so the token would offer 9% income plus long term capital gain (steadily increasing SPI price) in theory becoming the rare combo of an income and growth asset.
I don't think we are the cause of the token price drop, but by consistently selling, we definitey are not helping.
Thanks for the input, it's great to see some ideas being kicked around and lots of people having an input.
Interesting - I am really not happy about on-chain investments, I'd prefer to see more going outside and a bigger degree of diversification.