Steem-Engine is blowing up!!

in spinvest •  5 years ago  (edited)


Hello and good day to all. Today i will be mostly talking about steem-engine and SPI tokens.

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

Steem-engine

Over the past few months Steem-engine has become a proper force in itself by not only letting STEEM users are anyone for that matter create a token on the STEEM blockchain and trade it through their exchange but also letting anyone release there own crypto reward social network platform on the STEEM blockchain. From SCOT was launched a few months back and weedcash became the first frontend platform with a token reward distribution system like steemit was released things have been getting interesting. There have been many frontends released since and the steem-engine exchange's daily volume has been growing from strength to strength. As things in crypto move fast, many of these frontends now having released miner tokens that reward token holders with tokens. I have no idea what the steem-engine team will release next but one thing is sure, steem-engine is here to stay and has become part of many Steemit users daily things to check in on. Some say it's bad for STEEM but they is crazy and have no idea, only good things can come from this for STEEM long term. I think most people reading this will understand the difference between STEEM and Steemit and will understand that steem-engine is adding another utility to STEEM. @spinvest is starting to gather a nice wallet itself with payouts coming from leo and pal already and a few aridrops. This in itself is gonna turn into a good slice of the SteemPower Investments portfolio and best thing is it mostly all the free by just making posts.

Currently on the steem-engine exchange, there are 398 tokens with SPI token being one of the newest. I would say that 90% of these tokens are complete rubbish and are comparable to paper bags slowly filling with water waiting to burst. They dont offer any value other than an idea are a gimmick. Most will launch pegged to STEEM and within months be worth a few cents after the buzz has died and the tokens are not being used are traded on the exchange. That's why i consider only a few to be worth investing in long term with SPI token's on top of that list.

The difference between SPI tokens and others on the exchange is that owning an SPI token is the same as owning a share in the @spinvest account and all it's assets. There is no front end (yet?) and i dont offer any form of staking. Each SPI token is backed by at least 1 STEEM POWER and earns value by earning money from leasing out STEEM POWER and using that money to make off platform investments. As SPI tokens are in there ICO stage until 1 million tokens are issued, tokens are revalued when certain targets are hit and in thoergy should never go down in value meaning right now is the cheapest time to buy SPI tokens while they are only 1 STEEM each.
The first revaluation will happen when 10,000 SPI tokens are issued. There will also be a 200 SPI giveaway to token holders and there are still around 4000 chances to get involved with just under 6,000 SPI's already being issued to investors that can see the long term value of holding SPI as part of there portfolio. I dont wonna sound to bad headed if you have already invested in SPI, go and screenshot your steem-engine wallet and then set up an email to email it to yourself in a years time. It would be super interesting to see the results when compared to other tokens in your wallet in terms of ROI. I'd bet that most of the tokens currently in the wallet will drop in value while SPI slowly gains a few percent every token revaluation until 1 million are issued and the open market dictates the price.

How to invest into SteemPower Investments

I notice that different people invest in different ways and that there are 3 types of investors. Looks have a look and see how others are investing and getting involved with one of the only proper backed tokens on the steem-engine exchange. Some investors are all 3 types and super hardcore.

The big buyer Investor

The big buyer will normally buy directly from me as it's cheapest and they can buy directly from their STEEM wallet. The will buy a large amount over 100+ and then sit on them and HODL a while before making their next move. The links below are pre built are ease of use but you can directly transfer any amount of STEEM to @spinvest and i will issued you tokens to the value of 1 STEEM per 1 SPI token upto 2 decimals.
All SPI tokens (shares) will be transferred to investor’s steem-engine accounts within 24 hours of sale completion .

The Regular Investor

The regular investor is someone that will mix between buying from me directly and buying from the steem-engine exchange every few days are weekly. These investors are building holdings over time and tend to be my active investors that read my posts, leave comments and share their views and feedback. These are the future community of SPI.

Each SPI token is priced at 1.02 STEEM to cover the withdraw fee of 1%. The extra cent from each token issue is collected and converted in ENG tokens creating an extra holding for SPI. You can click right HERE to brought directly to the SPI token market on steem-engine.

The Convertor Investor

Convertor investors only deal through the steem-engine exchange by converting other tokens are airdrops into SPI tokens. Alot of active members on steemit use other front ends and tags to earn other tokens such as pal are leo, as time goes by they convert these rewards into SPI tokens to increase theirs holdings. I will be releasing a post soon containing all the details on how we can easily convert all the byteball airdropped tokens everyone on steemit received about a year back into SPI tokens. It'll be a community building venture and relationships will began to be formed.

I have done an easy to follow step by step post showing how to convert steem-engine tokens into SPI tokens.

Resteeming is a wonderful way to spread the word and get as many eyes as possible on this. Let's get a buzz going

Discord Invite - Click Here -

I go by silverstackeruk#3236 if you would like to DM me

And the cherry on the cake


What do you have to lose? What token has a operator with so much faith they offer a 95% buy back

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

I am

IN LIKE FLYNN!!!



Seriously I am also going to send more your way, and if you could
work up a solid way of taking "DELI" or regular SPI delegation, I
would likely do even more as I do not want to fall below Dolphin Levels...
That statement alone speaks volumes, my friend LOL 😎👍💰💲🤑💲💰

That's good news :)

Cant figure a way to offer delegations. I have no use delegated SP and im not running 'another' bot. Your always a whale in my eyes :)

Yes, tell me if I have byteball. And I will totally put that and some airdrops into this!

Byteball was an airdrop done around a year back, you should have claimed them already my friend

No idea. How can they airdrop onto STEEM holders?

google it my friend

This is a very good writeup! Just sent my shares of STEEM for SPI. What a smart way about the byteball. I was going to convert it to bts but now will reconsider.

Hello, you should have your SPI tokens by now. Thank you for checking out my post and investing.

I'll release a post within the next few days about byteball

Great! Looking forward to this. So I will put my bytes on hold in the meantime.

Once i get it firgured out 100%, i'll drop the post

Congratulations @spinvest! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You made more than 100 comments. Your next target is to reach 200 comments.

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Omg.. I forgot all about those byteball tokens..

Yep, someone reminded me the other day :)

I have unnecessary 95000000 Obyte :-). Where to send them and how much would SPI be for it?

I will release a post in a few days and we can do a group convertion. Watch this space :)

OK :-). I'm watching you.

I'm really pleased you're going to do a byteball post. I was just looking at my byteball wallet and thinking ... and what do I do now ... :)
I think this will be a good opportunity to introduce more people to SPI as it is lower risk - converting an airdrop into an investment.
Good to see steady growth in sales of SPI tokens.

I have spent almost an hour trying to figure it out. It's hard to know what you really own cause they seem to have 2-3 tokens. I'll get there and then i do a post about it :)

👍