Only 1500 SPI tokens remain before 1st token revaluation and 200 SPI giveaway!!

almost 5 years ago (Edited)

Hello folks, yesterday was a crazy day with SPI token sales so to keep the hype going today i will mostly be talking about getting to the first token distribution target of 10,000 SPI tokens issued. Yesterday @spinvest issued just under 1500 SPI tokens to investors bringing the total issued to 8455 meaning there are only just over 1500 left.

Steem powered investments @spinvest 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

What happens when 10,000 tokens are issued?

I screenshot the token holder list for the 200 SPI giveaway. I add together the value of the @spinvest wallet, steem-engine wallet and other off platform investments and divide it by 10,000. I will round the price up to the closest 5 cent so i would estimate that after 10,000 tokens are issued, each SPI token will cost 1.05 STEEM directly from @spinvest and 1.07 on steem-engine. All steemconnect hot links that are currently in use will be removed from old posts to ensure nobody uses them and gets 1 STEEM SPI's.

The 200 SPI Giveaway

When 10,000 tokens are issued i will take a screenshot of all token holders. The SPI giveaway is 200 SPI tokens and will be split into 2000 prizes of 0.1 SPI each. This will give each token a 1-5 chance of winning a prize. Numbers will be assigned to investors by there place on the token holders list. eg, @silverstackeruk will hold numbers 1-3762, @taskmaster4450 would hold numbers 3763-5043 and so on until 10,000 numbers are assigned. The drawing will take place on
Calculatorsoup which will randomly picked 2000 numbers out of a possible 10,000. I will copy paste the lot into an excel and bingo, winners!!!

How are current token holders?

Below is a list of usernames of investor's that are helping to make this happen.

@silverstackeruk

As i own a large amount of the SPI tokens issued i will commit to splitting my winnings 50/50 with a yet to be picked raffle winner. After the drawing is done, i will hold a raffle costing 1 STEEM per entry for 1 person to get half of @silverstackeruk's winnings in a winner takes all raffle. All raffle ticket sales will be transferred to @spinvest and powered up as a donation.

Only 1545 SPI token left before the price goes up

We are almost at the first target of hitting 10,000 tokens issued and it's come around faster than i thought. I am so happy to see so much interest in @spinvest and have faith enough to have brought over 8500 tokens so far. With the project still being under 1 month old and almost 10,000 tokens sold so far is amazing. By this time in 4-5 days you might never bebale to get a SPI token for under 1 STEEM again so if your interested in getting some, sooner would be better and cheaper than later in this case.

How to buy SPI tokens?

You can send any amount of STEEM you like to @spinvest and you will receive the same amount in SPI shares up to 2 decimals. All SPI tokens (shares) will be transferred to investor’s steem-engine accounts within 24 hours of sale completion .

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