The Silver Penny Project: Shelter Your STEEM with a Silver-Backed Token
Steem Gave Us a Scare: Shelter While You Can!
We watched STEEM sink down to $0.10 last night, today it recovered back up to 12 cents... but how long before it goes back to 10 cents? Or less?
While STEEM keeps loosing value, silver wants to stay around $17.00 How do you shelter your STEEM investment? Convert it to tangible silver tokens!
Updated November 25, 2019
Silver wants to be $17.00, STEEM wants to be $0.10
Silver @ $16.910 USD
STEEM @ $0.123 USD
Time has not run out yet. Get on board before STEEM looses more value... before Silver goes up!
The Silver Penny Project
When silver prices drop, enthusiasts run to their local coin dealer with fiat in hand. But what if you wanted to purchase AG using STEEM? Do you know any silver dealers who accept STEEM? One does... it's the Silver Penny Project!
Actual Redeemable Silver Quarters
Silver Penny
TOKEN: SLVP
INITIAL SUPPLY: 1,000
MAX SUPPLY: 100,000
INFLATION: 0%
- Each SVLP is redeemable for 1/25 of a pre-1965 silver quarter (a silver "penny")
- Token selling price is pegged to 0.007232 OZT silver + premium
- Tokens are redeemable for silver quarters beginning January 1, 2020
Send a minimum 25 SVLP to @thesilverpenny and contact us on discord here for shipping arrangements. We will send a randomly selected pre-1965 silver quarter and mail it to your address. Postage is negotiated at time of redemption. Redemption is available within the continental US only.
One Of The Few Tokens Backed With REAL Silver
This is a great opportunity to easily convert your STEEM into historical "junk" silver coins you can hold in your hands and add to your stack. Dates vary from "unreadable" to 1964. Which silver quarters will you get? Who knows! It's random!
The initial sale will be for 1000 "Silver Penny" tokens (40 Silver Quarters), a full silver quarter roll.
Please considering following @thesilverpenny for updates.
If you have any questions contact us on discord.
All token prices are subject to free-market conditions.
https://steem-engine.com/?p=market&t=SLVP
Conclusion
I hope this post has been useful in explaining the Silver Penny Project and that you can see the investment opportunity here. This is an easy way to "ride the wave" when silver prices recover, which some predict will be very soon.
This token gives you the potential of holding physical silver in your hand, for STEEM. I'd like to chat more, look me up on discord here.
These are the actual silver quarters backing the SLVP token.
Silver on!
Both Silver and Steem have been shit investments. I lost the most on Silver. Who needs 20 year investments to just 'possibly' keep up with inflation? Sorry to be so bearish LOL it's in my name.
I have silver, and I love it. I'm convinced that it is a good keep for the future, even distant future (we need to leave our grand-grand childrens something to remember us, isn't it?). The future looks bright, as lot of silver is used in solar panels (has the best thermal and electrical conductivity). And silver is also used for weather control - Silver Iodide is used to seed clouds to produce rain. One day when we will have weather control on planetary level, they will also need silver, isn't it?
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We will get It back up soon