SEED Holdings Report #8 - [Call to action for all token holders]

LeoFinance
2 months ago
(edited)
5 Min Read
949 Words

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What a busy week!

  • Yield farming rewards announced & activated (+35% APR) on BeeSwap.
  • NFTrade Presale (I ran a little contest yesterday).
  • Starpunk Presale (waiting for listing).

We also had an ugly week in terms of price performance (Evergrande + China FUD combo), but we are at our strongest point ever. GAME had a magnificent run and I also have a few Dao Maker updates to share.

Please read until the end because I (we) need SEED holders to voice their opinion regarding a matter.

Let's run our colored weekly stats in the meanwhile.

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(Today I'm skipping the first chart, too much redundant info I guess).

The most noticeable loss for this week is the one with our major holding, $ORN. The breakout to the upside has ended being what we call a 'fakeout' and the price returned to their old range between 7,7 - 10,5 dollars.

All the market has plummeted with it, so nothing bad, just 'another day at the office'. We'll need a bit more patience while momentum keeps building up.

It's incredible all the similarities we have Vs. 2017. Are we into the matrix? If everything goes as expected, we're primed for a massive run around the end of the year.

The other day (1 month ago) was 'drawing' around and today stumbled again with the long-term ORN/BTC chart. So far it has been playing out nicely. The price respected my magic line!

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Update on DAO Maker

Dao Maker restructured their lottery system (and they keep doing it) and this week we had great results after +1 month of drought. We won 2 presales in a single row.

Presale 1: Nftrade ($NFTD)

We had a 1200$ allocation which ended up receiving 9600 tokens at 0,1$ each (20% unlocked, 80% gradually).

  • I sold our unlocked 20% allocation for 1150$, so, almost 100% ROI.
  • We keep the remaining 7680, which they're worth around 0,56$ each now, so 4300$ of pure profit sitting in our 'Locked value'.

Presale 2: Starpunk ($SRP)

We have a 450$ allocation, token metrics are as follows:

Total supply: 680M
Initial Supply: 30,4M
Initial Mcap: 700K$
Price: 0,023 $
Lockup: 33% unlocked at TGE, 3 months cliff, and then vesting linearly for 2 months.

Nothing more to comment on while I wait for the official listing. Let's pray for another x5-x10.

As you can see it's very (very easy!) to get a sweet multiplier at the beginning, where you simply retire your initial investment (to keep rotating). After that, it's a comfy hold. If the project delivers, great, if not; no biggie.

Presales in High Demand, DAO Maker increasing their tiers [Input needed]

After the recent update, we had 4 tiers which ranged from 0 up to 10K DAO (25.000$ at current prices) all of them were already very crowded given the massive benefit presales give to their participants.

From now on, DAO Maker introduced 2 new tiers:

  • 25K DAO ( 62.500$ at current prices) with a x2,6 increase in winning chance Vs 10K tier)
  • 50K DAO ( 125.000$ at current prices) with a x5,2 increase in winning chance vs 10K tier)

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I already secured a 25K DAO spot from my own holdings.

What I am asking you is:

As a SEED holder, how would you feel about moving a big chunk of our liquid funds available to try to grab that 50K spot? (we would need 62.500$, where I would be putting even more of my own funds).

Think about a 60/40 or so. As always nothing is set up in stone.

In practical terms would mean getting rid of almost (if not all) of our ORN position for the equivalent in DAO.

Pros

  • Even bigger allocation on presales (5-10K$ profit every time we win based on past results).
  • If we give it enough time to escalate (as it's already happening) we'll get an absurd exposure to GameFi in no time.
  • We give SEED a more defined value proposition as it would act as a VIP ticket for 'whale opportunities' as a community which are unavailable for 99,9% of people out there.

(How many regular people have 50-100K$ spare cash to invest in Venture capital?)

Cons

  • Getting rid of a gem ($ORN). If it shoots up in the short term it would be a pity. However, it's not really a 'con', since everyone can keep buying ORN outside of SEED (I'm not required for that). Orn in that context is only a winning horse IMHO. Everyone can hold some ORN but not everyone can opt to participate in high level allocation presales.

  • More value locked into the 'Locked value' category (in the short term at least).

Note also that however, ORN has much more 'mooning potential', DAO itself isn't a bad hold and If it recovers his old ATH we're talking about an x3-4 anyway.

**Please take 5 min to think about it and drop a meaningful response in the comments. I want to hear you, SEED holder. **

Current SEED Stats:

Circulating Supply: 75,000 tokens.
Total Supply; 100.000 tokens (25K unissued).

AUM Value (All assets): 101.815$

SEED TOTAL Value: 101815/75000 = 1,357$ /SEED (+35% since the beginning).

SEED Liquid Value (Only liquid assets): (101815-23660)/75000 = 1,04$/SEED

Holding strong there on the 100K$!

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Enjoy your weekend and please, take your time to drop a comment. I would like to make a decision soon based on your general sentiment.

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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Posted Using LeoFinance Beta