Current LBI holdings and when the first official reports will be published

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Hello and happy Thursday to one and all. Its been 10 days from launch and we are starting to collect some curation and post rewards. We are still issuing thousands of LBI every day as word continues to spread. Truly amazing show of support.

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Today we are going to look into LBI's current holdings. Well, we only have 2 holdings but they are the most important ones, 1/ LEO and 2/ HIVE. I have been working on a spreadsheet to track all of LBI's holdings and earnings that will be used to produce the coming soon weekly earnings and holdings reports. Below is a sample showing LBI's hive wallet's. I think it's fairly easy to read and understand.

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Mostly zero's but every LEO and HIVE earned so far has been powered up and we can see that LBI's are worth $0.001 more than LEO are worth today so the plan is working. This should give a rough idea of what to expect from the weekly reports. I have other sections made for hive-engine holdings, off-platform holding, earnings and a bunch of charts but they are all empty and very dull looking at the minute.

Q - When will the first official earnings and holding report be reported you ask?
A - Saturday 26th December
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We started to power up LEO early on the 7th with the first curation rewards starting to roll in on the 14th. On the 21st we will have our first full weeks of curation earnings and the 26th is the first Saturday after that date.

LBI token distribution so far

The LBI token is currently sitting in 145 wallets which is a lot when you think about how it is issued. To have LBI tokens in your wallet, you have to sacrifice LEO tokens which are the hottest HE token in town. Being in 145 wallets is really good for only issuing through direct sell. We have 13 empty wallets from people that either bought and sold are maybe have some for sale on the exchanges.

I have made up a few pie charts to show how LBI's are currently spread out over 3 levels. The levels dont mean anything incase your thinking.

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In other news

From this weeks leo.stats reports, LBI has been mentioned twice and i thought i would just throw these snaps out there. The staking chart only goes to 100k but we staked 130k within that timeframe. Khal did say we staked 130k but if your looking at the chart, WE BROKE IT!
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We also made an appearance in the top commentators' list. To be honest, there are 3 people leaving comments and taskmaster4450 is an animal. Not really surprised to see us do over 100 comments as the engagement in the comments in something else.
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I hope you have enjoyed this post today, thank you for taking the time to stop by and stay to the date with LBI. Make sure to follow @lbi-token to stay up to date with all that is happening.

Authored by @silverstackeruk

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Congratulations @lbi-token! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You distributed more than 600 upvotes. Your next target is to reach 700 upvotes.
You received more than 3000 upvotes. Your next target is to reach 3250 upvotes.

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

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The LBI token is currently sitting in 145 wallets which is a lot when you think about how it is issued.

This is just the beginning, this number will grow significantly. I'm continuing my journey, not giving up.

Thanks for the update, it's good to see the progress in numbers and thanks @silverstackeruk for signing the article :)

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Im sure as time goes by, we'll get into a few more hundred wallets :) Not giving up is the only way to not lose.

Glad you enjoyed the small update, thanks for leaving some feedback

SSUK

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Number of wallets is certainly key. It would be great to see 300 different wallets with tokens in them.

That means we have a better chance of keeping things open and distributing more LBI.

More wallets means more people adding a few more LBI each week. With that many, we could see thousands of tokens going on a weekly basis. That would keep it growing.

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If you look at the token distribution you can see how it is distributed. There are a few holding a larger number of tokens (1000+ category) and then many small amounts spread among a lot of users (0 to 1000).

I'm pretty sure more will join very soon. A large number is or was waiting to see who trusts the project and when they see names, they join. These people want to be sure as they are skeptics.

Those who are here to milk everything they can will never invest as they are selling all they can get.

However, I'm convince that number will double very soon. Just wait till you see posts like How much I've got from LBI and see how motivating that will be :)

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We will see. I think the results over the first couple weeks are sensational. We will see growth.

What you say about the 0-1000 users is key. That is where the growth can really come from.

Getting those people to increase their holdings in LBI will go a long way to distributing things out.

If we have the growth that SPI did, people will be very happy in a couple years.

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What you say about the 0-1000 users is key. That is where the growth can really come from.

That's how I see it too. LBI Whales have already joined, we may get a few more but not many. Small users (like me) are buying every day, little by little and most of the new wallets will be of small users.

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Well there are two things in play.

The first is the wallets with LBI in them. Like yourself, each day, adding more LBI to the holding. This will mean those accounts will move up in their holdings.

The other is the number of wallets. That means newer people being attracted to the project. This could come from those users already involved who tell others about it.

Either way, we will see growth on a consistent basis. As long as the tokens are being moved, we will see the project remain opened.

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It's beautiful to be among the top holders of over 1,000 LBI tokens. Glad I joined the project at this very beginning. Boom!

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Damn right, 4 digits is always a good number. Let's turn your 4 figure investment into a 5 figure return. It might take a few years but HODL is a game and you've got in the earliest and cheapest point.

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Are there plans for @lbi-token to invest in other Hive-engine tokens like SPORTS, CTP, to diversify earnings to LBI stakeholders?

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That is a possibility although the community might decide simply to invest in INDEX which covers a bunch of the H-E tokens.

There is also the possibility of going off chain into the likes of BTC or ETH.

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The idea is to err on the side of caution.

While there are some H-E tokens that have potential, there is a lot to sift through. Too many of the H-E tokens are pipedreams with little evidence of any growth.

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Cool I will try and shift from second graph to first graph.

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It is always good to see people expanding their holdings.

As the token becomes more valuable, people will realize outsized returns if the value of LEO keeps increasing like many expect.

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I will try and shift myself from 2nd graph to 1st graph , thank you.

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The graph is not important, i made 3 charts because there are 140 token holder names and i wanted to split them up. If there were 300, there might have been 6 charts.

Not saying dont invest more, baaa-ahahaha

Thanks for checking out the post and dropping a comment

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Hehe I got it . I was actually trying to tell that I want to turn the 100s LBI into 1000s LBI ;)

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I'm glad to be participating .... Very good updates, I do not miss any information issued by this account ...

Keep roaring ...

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Excellent, its always nice to hear we have a loyal follower and supporter. Thank you very much for checking out today's post and give some nice feedback

Our roar's will get loader!

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Wow, I can't believe it has been 10 days already! That is pretty awesome. I am happy to see the growth that has been happening already with the project. I am also happy to see my name in some of those graphs up there! That is pretty exciting too!

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At first it is like a drip, very slow. It is happening though.

Spinvest grew a bit quicker than this one will since the dividend payouts did not start for 10 months. Everything that was earned was utilized for growth.

On this one, there is the mixture of growth and income.

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Very interesting. Thanks for adding that in about how it compares to Spinvest. I was curious about that.

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No problem.

We like to provide as much clarity as we can.

Things are starting to move, it is exciting to see.

We hope that others get equally as excited.

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Thank you for this detailed update.

I have some questions:

  1. Initial the idea was to issue something between 100k-250k LBI. Would you consider going over the top if demand is present or there will be a hard cap at 250k? Both choices have advantages and disadvantages.

  2. Do you still see an option to issue LBIs for WLEO? Now that curation is coming in and this funds can be backed up.

  3. Till when curation rewards will be powered up?


On a funny note, besides the commentmaster, I see 3 commenters on top of you, I wonder who did you pick. No need for an answer on that. :)

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  1. Yes, the number issues will be determined by the community's buying. If it is something that is still happening, it will continue. The numbers mentioned were based upon what we thought could be sold considering the float of LEO. The response is spectacular and, if it continues, we will keep it open.

  2. Been discussed and will likely come up again in the future. The challenge is the transaction fees which hinder most small accounts.

  3. For the first couple months, the curation rewards will be powered up, less the ones that are distributed each week once that starts.

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(Edited)

Why can't see my name on charts?? I should be first in the second chart with 974 tokens.. (just made 1000, so probably in the first chart now).

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Hmm not sure why that is happening.

Maybe @silverstackeruk can jump in and answer that.

Are the tokens showing up in your wallet?

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Yeah the token are in my wallet (still waiting the new ones to break over 1000 thought) and I'm also on the richlist.
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Then just an oversight in the running of the graph.

As long as you have the tokens, then they are there. That is the important thing.

Yeah it takes a while to get any new tokens since SSUK is working a lot these days and all LBI distribution is done manually.

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Great information! Looking forward to the first official report on the 26th.

After seeing that SPI broke 5 Hive per today, it's exciting to think what LBI might do over time. :)

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Can we get LBI worth 5 LEO?

It will be interesting to see.

SPInvest holding a full Bitcoin does not hurt the value of the project right now.

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What happened to the EDS 1.01 sell wall? Did I miss an announcement?

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I believe they sold out, but can't find the post right now. Having node issues I think. :)

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.0033 in 10 days is terrific.

Annually that means we have achieved 12.04% in that time.

.0033 x 36.5 (365/10) = 12.04

This will only increase as we start to add more to the project.

A fine beginning.

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its 12% because we only starting earning proper post rewards and curation from 1 week after we launched it. I'll work it out again on Tuesday morning when we have a full week and DM you the results. Also, profits per token are liquidated a little bit each time new tokens enter the circulating supply when people buy them.

So the only way is up my friend :)

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Seeing this report makes me set a new goal, moving to the 1,000+ category as soon as possible. Thanks!

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Thank you for the support. We are glad you are inspired by the report.

Cheers on adding to your holdings. We look forward to making this as valuable as the SPI token.

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I still hope to build my LBI's as we continue to the future. I am one of those that are taking a long term look at holding and still plan on building toward my first goal of 100 getting closer to that number.

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i feel like i am gonna lose to you in terms of commenting next week!

in turms of staking there is no point even mentioning it :P

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We've not staked anywhere as much as last week, I dont think so, maybe 20k

As for comments, you're competing against 3 people (one of them taskmaster4450), enough said I think. lol

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would it be beneficial to have more hive power ???

i have a few that i could probably delegate to lbi-token - i do most of my curation/upvoting through leofinance interface

if i delegate some hive that shouldn't effect my leofinance - is that correct ???

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It would be greatly appreciated and help the return on Hive that LBI gets. We are delegating it to Leovoter as a way to get more LEO into the project.

No that will not affect your Leofinance activity/voting as long as you have enough HP (Recourse credits) to do you activity.

Outside of that, your voting on LEO is not affected.

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should i just delegate straight to @leovoter to make it easy - if i do 600HP that leaves me with 200HP, that should be plenty for my hive acct

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No, please dont do that. We dont need a HP delegation, thank you very much for the offer. Please use your HP for yourself :)

Really appreciate the offer

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Can't help but share in the excitement. A new BTC all time high sure helps with that. Got myself some more LBI today, from 200 to 275, by selling liquid Hive. I might not have any FIAT to buy more crypto, I love to play around with my Hive and it sure helps to have tokens like LBI and LEO that build trust and believe in long term growth and future abundance.

Keep up the good work! :<)

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We aim to reward that confidence.

As taskmaster wrote about, we are already generating a 12% return in the first 10 day or so.

We want to keep pushing that higher throughout 2021.

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That's amazing. Keep up the good work! I'm having high hopes for 2021, in all ways possible :<)

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These are good numbers to see. I kinda missed the boat on LEO and see this as a roundabouts way in! Look forward to cracking the thousand barrier!

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We seek to grow the value of the LBI token in addition to any gains that LEO itself gains.

It is a way to leverage the gains in both for much higher returns.

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well actually theres an arbitrage opportunity issuing LBI and selling it then buying leo again. Its not too frequent as the volume its not high but hey! free bucks haha

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There could be if people are willing to pay up for the LBI token while they are being sold directly.

Some might do it, you can never tell.

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This used to happen with spinvest at the beginning too.

Some people like playing those little markets, others just like to HODL.

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(Edited)

Great job, @lbi-token.

I look forward to reading the first reports. It sounds promissing.

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Thank you for checking out the post.

I look forward to writing report posts for LBI, they are my favourite posts to write for SPI :)

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The project is lifting off and with such immense LEO staked for sure it will influence this ecosystem. The curation rewards should provide good returns and the author rewards will have its own participation as well as a mass of followers that will give their vote to it. A perfect investment fund where those invested can provide value day after day.

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The aim is to keep building it all upon itself. The more LEO staked, the greater the curations and rewards for all involved. We can keep growing the base, hopefully providing token holders with the ability to grow their holdings in the LBI project through their regular activities on Leofinance.

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Thanks a lot for the update. You guys are putting effort into making LBI & Leo the most attractive tribe here in Hive.

Great work!

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It always is the best tribe on HIVE :)

I see LBI as a SPI 2.0. Like a fresh start on LEO instead of HIVE with 2 years more experience and lessons learned. LBI will be mean lean LEO making machine when we are up and going with all engines at full speed.

Thank you for the awesome feedback,

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i got a few and then had to get some more.
it's addictive!! and of course you're doing a great job thus far!

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You can always buy more, it is addictive. It stackitis for crypto's, lol

Thanks, a man for checking out the post and leaving a comment.

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Great to see the stats and my name in holdings. haven't been active on chain for past few days but I hope all is going good.
I missed the SPI as was not even using my account but got into BRO and LBI and both seems doing good. Missed EDS but lucky enough to get 1 piece of it. Thanks for updates again.

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Wow! That is a remarkably impressive start to the project @silverstackerul! Combine a good idea with a "hot property" and that's how it works... as soon as I get a little more liquid LEO I'll be joining this train.

=^..^=

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