LBI: Friday's Announcement

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LBI is going to have an announcement on Friday.

No, this post is not going to reveal any of the secrets that are coming. For some, there is an idea based upon a couple comments and a Tweet that was sent out.

Therefore, everyone will have to be patient for another couple days until we see what is coming.

What we can discuss is the expansion of LBI. The entire premise of this project is to "get rich slowly". Each week, we seek to undertake those activities which can pull in a steady return. We also try to find those opportunities that will provide an above-average return which helps to grow the value of the entire ecosystem.

Part of the future success of LBI is going to come from new ideas. Cryptocurrency is a market that is very immature at the moment. With some of the tools at our disposal, we are seeing the opportunity to implement new projects that can add to the weekly revenue stream of LBI.

This, of course, will only add to the value of the token itself.

Friday's announcement is one such project. It is not all about LBI but it is something that stems from this group. Hence, we are going to see a direct benefit to the token holders as well as future opportunities for the Hive community.

Many heard about the idea of multiple streams of income. This is a method that is used by many to generate wealth. As opposed to relying upon one stream, if there are multiple ones, returns are enhanced. Also, if one dries up, that is not all there is.

LBI operates from the same premise. We seek to proverbial "many irons in the fire" approach. Steady streams coming in from different places is the foundation of what we are doing.

This all started with the basis of Hive. LBI opened up the revenue stream through posting and curating. This is at the core of Hive and for the past 5 month, we took advantage of this. It provides a steady flow of LEO into the account, which this is used to further enhance the growth.

With the introduction of CubFinance, we are able to take some of the LEO acquired and growth that. Leveraging the returns that come from farming, we are seeing healthy generation of CUB there.

The upcoming announcement will be a third leg, if you will, that LBI will establish. Like the other two, it will provide some money coming in whereas there is none right now. We are tapping into another center for a return, which we believe will help our yearly numbers.

It is also a service to the community that many might find beneficial.

This is the basic structure of LBI. With all that is going on with Leofinance and Hive project, we might not have to leave chain to find what we seek. The opportunities presented by others along with our own ingenuity can help to generate the returns that we all seek.

This is the third piece in this puzzle but, I surmise, not the last. We know another one is lurking out that, ProjectBlank. That is going to be exciting since LBI will be one of the largest recipients of that token. Since we are led to believe it is a proof-of-brain token, we will be able to curate content for a steady return.

The point is, consider where LBI will be if there are 10 projects of this nature, all feeding into the value of the token.

As the cryptocurrency industry as a whole expands, we can expect the same to follow with Leofinance and Hive. LBI intends to leverage what is happening to keep the value of the project growing. Cashflow is a vital criteria in token value. Many focus upon the speculation. This project takes a different approach.

What is actually backing the token? Generating projects (or getting involved with them) that can keep increasing the flow toward token value is what we concentate upon.

Look for the announcement on Friday from this account.

Post done by @taskmaster4450le

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44 comments
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Also, if one dries up, that is not all there is.

That is really the kicker isn't it? Because some of those streams will surely dry up, so you need to be ready for what happens after that. I look forward to hearing what this is all about! It is cool to see LBI expanding and innovating!

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In Spinvest, we took some hits along the way. We arent perfect. However, there is more than enough other things going on to overcome one or two hits.

Nothing generates revenue forever. That is why the idea of keep adding is important.

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That makes a lot of sense. I am in the middle of that kind of situation in one of my projects right now. Preparing for that end of revenue generation...

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This sounds great!

Now, any hints on if I need some liquid assets available for Friday? ;)

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Not on Friday per se but you will want some over the next week or so.

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These days it seems like a good idea to always have some handy anyway. :)

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  • Looks at empty wallet*

haha, good thing I finally got round to buying some hive yesterday through binance. Powered up the bulk of it. Bought some lbi among other tokens but I guess I'll save the last bit for after the announcement.

Looking forward to it!

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Well "getting rich slowly" is my thing its the process and the time that will eventually enable a small builder like me to consistenly build and I cant wait to see how LBI and ProjectBLANK in liason will work out, feels like forever. Waiting and patiently waiting

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Generating projects (or getting involved with them) that can keep increasing the flow toward token value is what we concentate upon.

Why do I get the feeling that the announcement is a collaboration between LBI and another project? I get that feeling after reading the above sentence.

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I would like to announce that I love these announcements of announcements. Must try to increase my LBI even more as the future focus of this project sounds very sound.

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Great to know something is cooking behind the scene. As long as it strengthens lbi, it's welcomed. Looking forward to Friday

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There is always stuff cooking, it is just a matter of how much we burn ourselves before bringing something out. LOL

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I've heard some birds talking about this new thing, but that was all, nothing more. I'm looking forward to finding out what it is as it can only be good.

Thanks SSUK and team!

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That is all there are right now...birds.

There is no official announcement of anything at this point. That will change on Friday.

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There is no fun in getting rich quick. Excited about Friday's announcement. I can't guess what is and I would really like a nice surprise. Need it 😜

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It is a surprise I think. Some might like, others might now.

Either way, it should end up being of benefit to LBI which should make everyone happy.

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If it's good for LBI and helps with our mission then I don't see any reason why the current LBI HODLers won't like it. But you are right, some might have a different opinion.

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Tell usssssss Friday is too far away

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Each LBI token holders gets 1 Bitcoin for each LBI held.

That is the new project. Or maybe I dreamed that. I cant keep that stuff straight.

Now I am confused. Hell now I have to wait until Friday to be reminded what the project is.

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Only 1? It should probably be worth at least 1.2 at the new ratio!

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It is also a service to the community that many might find beneficial

I have no idea what this might be but I'm looking forward to finding out on Friday. 😊

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I hope that wouldn't require any immediate action on our part, because I'll be away on Friday and the following few days.

But it sounds exciting!

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No action on your part on Friday. If you read the post Saturday, not the end of the world.

Just make sure you have at least 10 LBI.

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Yup, I have more than 10 LBI and will try to read the post when I can. If we have internet there. Thanks!

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I'm definitely a firm believer in the idea of having multiple income streams as a sort of hedge against something going "horribly wrong" with one income stream... then you still have something to fall back on.

Of course, I am also a long term supporter of the entire "get rich slowly" idea, which is how I conduct most of my own investing, as well.

Excited to hear of new developments, though! Aside from (I suppose) the already announced hardcap on the number of tokens...

=^..^=

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Ditto to all of that my furry friend. The slow income is what makes a difference. I like to live poor and stack my crypto; and as many different coins as I can.

But to be perfectly honest, I didn't realize cats were capable of understanding economics. I'm sorry if that is an offensive comment to you, oh great one

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Very excited to hear the news and new projects that you guys are going to start.
Slow and steady wins the race, i like it to be slow and steady that a sudden jump as it's comes down even faster than it goes up.
Let the count down start and wait for the announcement.
!GIPHY countdown

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I am so close to my SPI goal, and now all of a sudden I think I need to put that goal on the back burner again and up my LBI holdings a little bit. I suppose a couple of weeks on the back burner are not going to hurt my SPI goals much.

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well, so much for my liquid $LEO i've been saving up forever (ok, 3 months - but it feels like forever)

looks like i will be getting some more $LBI before the cap

I gotta tell you guys and gals - this 'getting rich slowly' crap is not easy

I just barely came out of being homeless and I now i get to wait for disability - i really wanna do more than sit around with my thumb in my ass ...

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Hello @lbi-token

Would you mind taking a look at my comment here ? If it's not something you're interested in, please let me know and I will go another direction with it. Just don't want it to get swept under the rug because I was late to the contest.

Also, really excited to hear about this on Friday; whatever the hell it is. I have some suspicions, but I'd rather keep my mouth shut and wait and find out :)

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I guess the announcing of announcements trend is contagious for some reason :P

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I saw a comment the other day and have been slowly adding LBI again and one can never have enough. So many good things happening right now and looking forward to Friday.

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I'm curious and waiting for the news! 😎

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Question: What are the parameters for the @lbi-token account voting on posts? Do LBI token holders get a % vote based on their holdings? If not, why? Makes sense to reward token holders with upvotes as they wait for dividends to kick in.

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