Monday Finance Report!
Good day men, ladies, and general hivers! Today it was asked of me to do a finance report every week on where we're at. Yup, like clockwork I'll have to pull my thumb out my ass and bring to you every Monday a report on where we're at with all our finances. Just like the SPI reports @silverstackeruk does every weekend!
To some, this will probably be like giving a cat some catnip, because I know how much many of you like those hard figures -- and my head was bashed against the wall and threatened at gunpoint to get these done! Only joking @stickupboys :P
But in all honesty it's a healthy way for us to do business in the future because it would be good to give folks an idea of where we're at financially, and not just telling everyone we're doing well but not releasing any data that supports it!
Anyway, on to business:
Assets
Let's start off with the assets at this time. What is behind the building blocks of BRO?
So, to save you guys a real headache I've gave you this in short form. It's a long list, trust me. Long story short, we have around $126,543.11 in the fund currently. That translates directly to 219,594 Hive worth of assets.
That makes BRO worth a hard price of 3.18 Hive each -- of course BRO is worth more because there are extras that come with that such as upvotes and the likes!
Let's look at Growth next:
Growth
Looks like our total HP is growing quite well:
We only started recording this 5 days ago (like I say, at gunpoint! :P ) but as you can see we have grown by over 612.951 HP in 5 days. Not bad, and we are growing very fast. So hold onto your hats we're in for a fantastic ride this crypto winter.
Token Price
Seems like we're doing pretty good on that front too. You see unlike most projects I'm not selling the hive to sustain projects like Brofi, I'm actually building it through buying BRO back off the Market and putting it into Brofi. That way we grow exceptional HP and our holders are rewarded too. Great, right? Yup.
Feel bad selling your BRO? Don't. I actually need it! And I'll need a lot of it.
Dividends
You're in luck folks, splassive has actually taken a serious turnaround and went from earning us something stupid like 0.14 per token, to now up to 0.53c per token. What does that mean for us? Well, it actually means we'll get better returns in the future. I don't want to release this fully as dividends yet, I would like to be prudent and compound to a max wallet. If this does what I think it will then this will basically make BRO entirely self-sustaining and some.
Have a look:
I compounded this around 9 hours ago and already I have earned $13. This is entirely the BRO pot!
Don't get excited just yet though I would like to grow a much bigger stake before I start giving it away. I'm only 3 months off a 27,000 stake and over 500 Splash per day. Imagine dividends at even this price earning 500 daily?
I'd like to take the lesson I learned from previous instances and take the lead with this one. Releasing divs early isn't up for discussion and you'll be seriously thankful I did this!
Also doing well with Drip. We are nearly at 1 drip per day now and it has stabilised at $7 per drip.
This is another one I am trying to grow, whilst at the same time giving out dividends! So, so far we're doing pretty well all in all. I've been in drip myself for about a year and a half now. This one is doing its community really well.
Onwards and upwards I say!
All for now.
And that's it. If you'd like me to write more, or if you think I've missed some things then please drop me a line and I'll change it if I think its relevant!!
Cheers :)
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@pixresteemer(1/5) tipped @brofund (x1)
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Hey bro, nice to know about this project. How do I get to join in the fund?
Hey my dude -- you can be part of the fund here: https://hive-engine.com/trade/BRO :)
Nice, and what is the return on investment in BRO?
View more
I want to help this grow I have significnt assetslet me know if we can come to a partnership agreement bc i would need to be a partner with a seat at the table on votes and carried interest. The assets i can bring look at @bcarolan630, @byebye, token-bazookq, @bckc-capital-llc
Awesome. Good asset management. Going to buy some BRO.
Thank you :)
How about other bro assets like spinterlands? 🤔
Splinterlands is in there. It's a big chunk of what we have. At the time of taking it, our splinterlands assets alone were around $75,000.
We took a massive hit in the dump along with everyone else - splinterlands used to be worth about $250,000 - but since you can no longer earn sps from it, everything just dumped into oblivion.
It will recover though. Lands will come out and suddenly everyone will realise that they need a lot of cards
Unless you're asking for a detailed report on that as well?
Exact amount here:
Hey I have about 50-60K in assets I am looking for someone to partner with and I have additional capital I can tap to do some of the things but I notices SPT somethings goiung on lot of insiders which is me to but for some reason I dont know whats going on with NFT purchases so I want to buy them all do you have capital to do somthing like that and get a1 millon 1 up stake a 50 million SPT stake Cartel I think wants to buy them I want to lower the free supply so we could buythe market and not let the prices fall as well as sim im looking thoughthe partners and what there doing trying to see if there is a NFT purchase pattern but deff a member of monster curator has been buying in masse I have the 4 millon at my disposal and will be 8 when i swap sps in the LP do you have any spt you want to jv with me on to make selective nft purchases on the spt market and buy as many as possible? And I am a CPA and a investor trader for my own account full time 4 years. I might be able to help out im looking do something like this i can do it on my own but I can help with this and I am kinda nervous about the cartel wielding all That SPT so they charge 10% im going to charge 2% which will hopefully bring many small delegators and give us leverage on the token if we can get just abit more to make are vote bigger. I will also offer a GP spot along with 6 partners equal share no cost for GPS we will use vots to fund initially and then after a bit of history go for 75 million reg a and if we get the mony we will buy a controlling stake in many of the tokens and look at some other DAOs as i feel like my gut is say buy DAOs now. Also have 4 nodes so can add some adddets like that to contribute half of the fmv to make it fair and we can basically be equal and get more assets in here. Like WAKA promo im getting the gold reesrved vip card splinterfest. I want to tokenize nodes into node shards made that up but what i thhink a way to get delegations is to charge a very low mgmt fee of 2% get quantity and control plus buy those new nfts in mass before they are bought by ppl who know something. Im a sharehholder and i dont know about it have a call with aggy to discuss my project to but were basically going to be a hedge fund style LLC aggressivly rasing capital and trying to partner with funds like this. I do have a quation are you getting around the SEC law wth reg d 501 reg A reg S redD506B Reg D 506C Reg CF or investment club exemption? Bc if not message me. I feel like i should tell you about some regs incase you did not know bc penalties are terrible. Im sure you are fine but anything not owned by SPL bc i know they filed correctly as i sighned the paperwork to buy my shares. I thikn i can add a lot of asset value to this get eoy im expecting 300K coming in so I will be buting 2 million SPS likely or 1 and node and tracts. plus spt if i still want to pursue. Will be buying up to 12 million today. Let me know if you want to discuss a possible partnership or JV
one more thing im working with two companies i own shares in to get SPT sps dec on a visa 6% vash back card its possible both said so now getting info to ppl. We can have Bro on every card which will hit every user .
The brand will become a bigger powerhouse and i can see if my partners would like to add one is very wealthy and a greay guy.
I will be greating a Tribevest llc and it will be also investing in startups in the space and i have a pe fund interest of 2K in t50 to 70 K myself ish he FIG Gaming Portfolio, Basically have a bit over a million in investments I could deploy and 2-3X aum but I would want to be a partner not a delegator or token staker so let me know if you are interested in getting your brand involved with the possibly first way to spend rewards normally on a debit card we will but Bro in big letters SPL Group LLC under it say powered by I will also have a potentially perpetual source of after 12 months 1-2 million a year comining in from a project with bank bonuses i do and my bot guild. Im producing have alot of cool very expensive cards we could run a fractional card token fund. I think my most expensive will be the SPL fest gold foil and then the legendary summonrs byzintine kitty , earth behmoth a botted guild im planning for the cards to give us gladious cards and we just do all the frays you take half i take half then we rent accounts or sell when gladious cards get significant but i htink were going to be out erned by the cartel there partnering with everyone . This is a unorganizd brain dump abit so if you are interested in at least a exploritory convolets do it let me konw. Also have some interesting strategies.
I own shares in Ember Fund a cool btc algo fund , I own a few hundred K of real estate and I could add a piece of BCKC Capital LLC FMV now 500000 + 10000+ 9000+20000 SPT mkt nfts. nodes 300K sps staked buyinh 300lk Mmore vary soon . another idea is have a sort of more sophisticatd investor fund that takes on all sorts of assset classs as well and make the cash flow really grow.