In the first week of our operations, we have generated 110 $ (0.01 $ per share) revenue for our shareholders. The value of our assets increased by 7.9 % to 10.898 $ compared to 10.100 $ on 20.06.2021.
There are 3 categories our revenue is split into:
Activities are all revenue streams we have full control over. This could be managing accounts in different games for a profit share, mining cryptocurrencies, renting assets or getting a profit share for anything.
Projects are all revenue streams where we have pretty much no control over. Those are supporting early projects or reciving dividends.
sales are all revenue streams from selling assets we have on our balance sheet.
Next week forcast
We expect to see an increasing revenue due to the season end in Splinterlands and better results in Axies. The Trading managed account we operate will probably payout around 70 $ per week in the future aswell. Our focus is to build a consistent revenue stream from our activities and reinvest those earning into great projects
planned investments
We are currently working on breeding axies and building up free HIVE to buy Goldfoil legendary summoners in Splinterlands if we find a deal with at least 60% discount to market prices. Leftover cash will be invested in SPInvest or Utopis.
With this weeks earnings of 110 $ ( 0.01$ per share) and our planned investments SIG is able to hand out a SWAP.HIVE-dividend of 110 $ (0.01 $ per share) to our shareholders.
However it is highly recommended to reinvest those earnings so the value of each shares increases.
All shareholders can issue a proposal in our discord to pay out a dividend if they feel it´s the right thing, no matter what the managers say.
Ownership of the swarm investment group is calculated by ownership of Swarm Shares (SWARM) tradeable at Hive.engine. Please be aware that due to the nature of this project the swarm share will be very hard to trade on the open market for the next months or years. If you want to buy or sell shares, prepare a private deal in our discord server.
New shares will only be issued if the shareholders think it´s time to get more money into SIG and only if the majority of the new issued shares are getting reserved. Trading between shareholders however is alwayse possible.
currently there is only 1 shareholder (Discord user: Thezorro#3160) owning 10,100 or 100% of all shares.
The last Share issuing was the initial funding round and has ended on 22.06.2021. All shares where reserved by Thezorro#3160 and bought at the price of 1.00 $. there is no funding round ongoing at the moment.
If you would like to know more or get in touch with SIG to speak about buying shares in the future or possibly an asset swap, please join our discord.
