SEED Holdings Report #14 - +50K$ Week, SEED now worth over 2$ in 'backed' value.
I was waiting a bit for prices to correct (let's see I can avoid posting at ATH prices, though!), but whatever, I had to write this update anyway. Lots of substantial developments this week. Take a mug of coffee, and let's recap:
After a +50K$ profit in paper gains, TVL is nearing 200K$ , SEED token crosses 'backed' value of 2$ for the first time.
We won our first allocation of 3000$ on DAO Maker (this is HUGE!).
Onboarded a new Private Investor. Bought 10K SEED OTC (from me, so no new tokens minted). Details below.
About our Hive Engine holdings... (check below!).
DAO Maker related news
DAO Maker introduced a bunch of news (Venture Farming) that introduced significant improvements to the underlying token, being the most interesting buyback & distribution mechanism for hardcore DAO holders (like us). The new mechanism gives staking rewards with a virtual lock on DAO holdings, which benefits us A LOT.
As long as the number keeps going up, I won't complain that much ;)
Want to know more? check the details details there.
On other news, we won our first Presale being in the full power of 50K DAO and received a 3000$ allocation. This is pretty huge (they ran a huge Presale though), considering that previous presale allocations were around 200-750$. YUGE!
Since SEED has not much liquidity available, I provided the 3000$ from my own pocket. I'll recover them later (that's why you see a negative balance on cointracking, I'm already accounting for this 'loan' of 3K$).
Assuming the freshly released tokens do a x10 on day one, we're talking about +24K$ profits (discounting fees and other stuff). I'll tell you in a few days.
New Private Investor, more decentralization.
In the last year, I've been onboarding a decent number of people into crypto. And in some cases, a few with deep pockets. One of them wanted a share of SEED and we agreed on an OTC deal.
No new SEED has been minted and 100% of his freshly purchased comes from my own founder share. (So no dilution for anyone).
This new investor ( @trasto ) will play a necessary role in SEED as a safeguard of the @seed-treasury keys in case something happens to me.
As a bonus, he delegated +30K Hive Power to @seed-treasury. Which will give us a very nice boost on curation earnings.
My Position on Hive & HE earnings
@seed-treasury has been accumulating a nice chunk of HIVE, HBD and other Hive-Engine related tokens. My official position in that sense is that we would sell gradually the HE tokens and focus only on HIVE & HBD.
Since most (if not all) of these tokens come from community support, I've decided to change this policy, and I'm announcing that from now onwards @seed-treasury will hold and stake LEO, POB and BEE.
Long-term well be doing do our best to help & improve the Hive-Engine ecosystem. And this is only possible by empowering the underlying communities.
What about being a HE witness? That's food for thought and something which I still have to research.
Current SEED Stats:
Circulating Supply: 86,500 tokens.
Total Supply; 100.000 tokens (13,5K unissued).
AUM Value (All assets): 192.500$
SEED TOTAL Value: 192500/86,500 = 2,22$ /SEED (+122% since the beginning).
122/3 = 40% MoM profit
Aaaand... we keep going up :)
It's Saturday. Enjoy the night and the rest of the weekend. Ah, almost forgot. @cmmemes, take your meme and enjoy :)
100% of blogging rewards paid to @seed-treasury.
Remember you can follow the portfolio in real-time here:
https://cointracking.info/portfolio/seedtreasury
You can join us on Telegram and follow me on Twitter.
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G A Y
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wen gay witness?
A Greek and an Italian are fighting about the influence of cultures in human history:
G: We had Zeus, Afrodita and Ares
I: We took them and made a rebranding with a lot of new features like Jupiter, Venus, and Mars
G: We have the Pantheon
I: We have the Colosseum
G: We were the first civilization to make love for pleasure
I: We were the first civilization to make love for pleasure with women.
Just a random joke in your g a y discussion with @empoderat
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I am offended
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Let me
bribegift youwithsome !BEER and !PIZZA to make you less offended.Posted Using LeoFinance Beta
A new investor, more decentralization! I'm glad SEED is attracting more investors!
It's also nice to see SEED's value grow so fast. Great work @empoderat ☺️
Another great report and a huge jump. That is always good to see.
It seems the chart on H-E is mirroring it...a big green candle for SEED today.
Taking on more risk appears to be working out so far.
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Thanks again for what you do. Have a nice weekend!
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I would argue the first pic is the meme :)
Maybe both? :)
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trump is a living meme so you could argue both :)
😂🤣 ok, maybe I would have had another black tea to be able to pay attention. 🙃
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Re HE:
maybe to delegate PAL and NEOXAG to BRO? (and other delegate-able tokens as well)
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I agree with this
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https://twitter.com/elempoderat/status/1459591805322903554
The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.
It's great to see everything going well. I'll be looking forward to how much you earn from the new pre-sale. Is it common to see such a large pre-sale?
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Well that was a very quick way to double my investment so thank you very much, sir! Keep up the great work.
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I can't wait to see my token, high like your own that's the more reason I'm investing every month.
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Very good numbers. I am slowly staking up, piece by piece from those willing to sell.
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This is only the beginning of what is going to definitely be a great and fun project. Your reports are always inspiring of how easy you make it look yet we all know that is not the case unless you have the knowledge which you obviously do. It is at these times I wish I had 10% and not 0.4% lol but still grateful to be involved so it is a big win. Have a great weekend and look forward to seeing how much the $3K makes.
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Good work, I think it is a good idea to keep LEO, POB and BEE. Above all Leo I think it will give great joys.
meme taken and enjoyed :) thank you for appeasing the simple minded plebs like myself :D
I wouldn't have expected anything less! {LOL}
Wen SEED 5$? hahahahaha
Clad the recent changes to SEED, allin on maker DAO with the highest tier, is working out well. SUPER!
The loan you provide to enter this new launch project, its a loan with interest? When so, what will be the interest rate you plan to charge?
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No interest. When we take profits on the presale/s I'll be repaying myself first and that's all.
PD. The loan has grown into 7900 BUSD... can you imagine when the tokens enter at x10 valuations (in average)?.
yes, 79.000$ paper profit... juicy.
Pleb earnings
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Niceeee 🙇
Wen seed 10$?
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Yesterday
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100x, please.
PIZZA Holders sent $PIZZA tips in this post's comments:
@alexvan(1/10) tipped @trumpman (x1)
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