SPinvest Updates : Beneficiaries, SPI buyback wall, new Paypal payments and more

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 ensuring all investors starting capital is not at risk. Full details can be found here

SPI Beneficiaries

Starting out with beneficiaries as it's the most interesting. It has been 9 days from SPI beneficiaries launched Post here and we have started to collect payments. So far we have 5 members using it. Steemcryptosicko is not a confirmed member but it's one of my other accounts, plus it provides SPinvest with a nice upvote every day for free. With the first payout planned for next Friday the 17th, we are hoping that we can issue at least 50 SPI tokens. I think that's a conservative prediction and we should hit it no worries. Here's a screen of what's happening so far as we enter day 3.

(Hope that this is readable)

I have been thinking about creating a banner are hosting a contest to create a banner to promote SPI beneficiaries. It would cool to see members adding a banner to some of there posts are we could even pay for some promotion. Just an idea.

Beneficiaries are going ok, i know it's a really good idea but it's not very user-friendly having to add it to every post instead of being able to change some setting in your setting so that it does it every post. I use a template for my steemcryptosicko post so i don't add it every time but most people don't use templates for posts. Let's just pray that people get hooked on SPI tokens and remember to add it every post.

Convert Fiat into SPI tokens 365 days a year

(366 days this year)
I released a post a few days back explaining how we can exchange fiat to SPI tokens for free, meaning no fees at all. You can see the full information in this post. With this newfound power, SPinvest can basically issue SPI's tokens to almost any amount of money sent to SPinvest's Paypal. In short, this makes the monthly group buy out of date and pointless as we can offer fiat to SPO token buys 24/7/365.

Within the next few days, i will add some info and links to the bottom of each post and hope for some impulse buys. The monthly group buy posts will be replaced with Paypal updates and how many SPI tokens we are issuing through Paypal from fiat money. I actually think this has much more potential then beneficiaries to issue tokens. You can get 100 SPI tokens for $12 and everyone sends more than that. That's 500 tokens for $60ish, bargain!!! and it's easy to see how we issue lots of tokens. The long term goal being we have a website where we can offer this to non-steemit users. I have access to around 500 claimed accounts so it's not a problem bringing new people on board. SPinvest could soon be posting videos on youtube, promoting on Facebook, ect. We'll have to wait and see how it all unfolds but for now, fiat to SPI is all the time.

Url Link https://www.paypal.me/spinvestments

Buy-Back Wall is in place

Yesterday was the end of collecting for the SPI buy-back wall and it's been set up and is currently in place. We collected a total of 1190 STEEM which will buy back 1250 SPI's at the price of 0.95 STEEM. There are a few buy orders priced higher so it might take a while but the main idea to provide some liquidy to investors.

Big Thank you to everyone in the list above for committing their hard-earned STEEM is helping provide this for the rest of the club.

These are the buy orders on SE exchange. It's really nice to see the people are looking to buy SPI tokens for around 58 STEEM worth above our wall. This is set up and now we play the waiting game, it could take a while but it's not in a race. I will probably just watch this and make another fundraising post when it gets down to 400-500ish.

Penny a day Challenge

Who's interested in this? Start with 1 penny on day 1, 2 penny's on day 2 ect until $3.65 on day 365. It's a dead easy way to save almost $800 over the course of 1 year. You can see full details here, we have 7 people involved and each will receive 5 SPI's after i finished writing a post as a reward for taking a positive step towards regular saving. I have done this a few times before and it's pretty fun, this year my target is to save up enough to buy a 2 baht gold chain :)

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Quick Steem Monster token Holding's update

What can i say?...................BOOOOM!!!!! This shit is gonna go to the moon.

We invest roughly $100 into each about 4-5 weeks back and looks like we made a good choice. I see that there are big margins between the buy and sell prices so either of these can lose are gain 20-30% in a day depending on if the last complete transaction was either a buy are sell. Either way, we are way up on these 2 holdings in terms of STEEM as the price is lower now than it was a month back when we bought these.

That is all i have in my for today. I hope this gives you guys a better idea of how things are going and what's happening