Another look at the value of my Tribe tokens in STEEM/HIVE, and how that compares against the two dates I did this towards the end of 2019.
On the 25th September 2019, I spent some time calculating how much my Tribe tokens were valued in STEEM, and did the same again on the 18th December 2019. Since then, Hive has arrived and most of these tokens have moved over to the superior chain. Those that didn't are now almost worthless, and their corresponding interfaces cease to exist.
When the Tribes arrived, I decided to create a new account for each and vest the tokens to this exclusive account. This allowed each account to focus curation and mostly avoid voting on posts which were tagging as many Tribes as possible in order to collect tokens. As my Tribe accounts are fairly easy to spot (abh12345.Tribe), I wasn't keen on voting for content which was unrelated to the particular community.
Most of my Tribe alts have never produced a top level post (.sports, .spt being the exceptions) but I have used use the Tribe tags (hopefully) where appropriate with the main account. PAL, NEOXAG, LEO, SPT, BATTLE, GG rewards are fairly evenly split between author and curation, but the rest of the Tribe tokens have mostly(all) been earned via curation. I have also purchased some tokens, but nothing in large amounts.
source - pixabay
The total STEEM value, if I were to obtain best price on steem-engine, of the tokens at the end of September 2019 was just under 9000. This rose by around 16% between then and the 18th December 2019, and looking at the table below, the value has risen by around 65% from mid-December through to today.
| Token | Amount | S | Amount | S | Amount | H or S |
|---|---|---|---|---|---|---|
| BATTLE | 20471 | 136 | 31169 | 141 | 50833 | 83 |
| CCC | 27530 | 660 | 44030 | 880 | 58251 | 99 |
| GG | 8008 | 184 | 12100 | 68 | 17908 | 0.18 |
| LEO | 8310 | 1520 | 10101 | 2272 | 17596 | 12319 |
| LIFE | 6155 | 358 | 7175 | 129 | 8612 | 1.46 |
| LOTUS | 567 | 29 | 2494 | 199 | 6390 | 177 |
| MARLIANS | 16656 | 316 | 47963 | 106 | 81012 | 12.1 |
| NEOXAG | 8160 | 198 | 16710 | 350 | 29045 | 58 |
| PAL | 6940 | 638 | 9112 | 947 | 19941 | 439 |
| PHOTO | 2080 | 25 | 16980 | 33 | 28000 | 0 |
| PORN | 2180 | 196 | 2640 | 58 | 3864 | 30 |
| SPORTS | 3128340 | 3880 | 5576098 | 2565 | 11080000 | 332 |
| SPT | 50451 | 233 | 95765 | 287 | 175882 | 167 |
| STEM | 14030 | 592 | 32685 | 2614 | 74772 | 2580 |
| - | - | - | - | - | - | - |
| TOTAL | 8965 | 10649 | 16297.74 |
S = STEEM value
S or H = STEEM or HIVE value (depending on which chain the token was/is now linked to)
I should state again that these values in STEEM/HIVE were calculated using the Bid price on steem/hive-engine, and it is very unlikely that I would have been able to sell the full amount at this price. Also, I have recently sold around 1500 HIVE worth of LEO, which if still held would make the total % gain since last December be closer to 80%.
It's all about the LEO
Those paying any attention to the Tribe tokens and the table above will no doubt have noticed that the main contributor to the numbers is LEO. The value of the token has has rocketed in recent weeks due to the pending launch of wLEO - which I think is going live today or tomorrow. For me, and many others, LEO looked likely to fair the best out of the Tribe tokens, and this is from one of my posts earlier this year:
I do suspect that not many of the tokens will make it to SMT, but I'm fairly confident that the LEO and STEM will not go down without a fight. LOTUS (#naturalmedicine) is another that I think is suitably niche, and the content topics produced under that tag/in that community continue to be popular. From a post dated 7th April 2020
I don't hold that many LOTUS, but they are still going along and the content isn't too bad in my opinion. STEM was my 2nd most fancied to do well and I have been collecting these - they are easily the 2nd most valuable token I hold in the Tribes at present.
However, it is all about LEO at present and I'm eager to see how wLEO goes - hopefully what's good for LEO is good for HIVE. We shall see.
Cheers
Asher
Posted Using LeoFinance
I hear that Beta site is coming along nicely 😎
Posted Using LeoFinance Beta
Bookmarked and open in one of my tabs but I've yet to remember to post using Beta. Thanks for the reminder and good luck with wLEO! 💪🏾🚀
Leo was always the most promising of the tribes to me... seemed like there was immediately an effort towards establishing an autonomous identity. With very minor exceptions, LeoFinance today is the only tribe that amounts to much more than just an old Steemit clone with a SCOT token.
Let's hope the new developments at Leo not only go well, but also serve as a bit of a catalyst for others!
=^..^=
Posted Using LeoFinance
I can't argue with you there, the team have done a great job thus far. And yes, setting the example for other - let’s hope so.
Really, i am also thinking about leo and can find some good value of leo from recent few weeks. Its give another chance to invest here wisely.
It's tough to call on the value of LEO been good right now - I hear some thinking it will beat HIVE to $1.
!ENGAGE 25
ENGAGEtokens.I like the work that leofinance people do, undoubtedly the most successful hive niche. I don't have much capital to invest, but from the beginning I was able to get some miners, so I regularly receive some tokens that are very good for me. I agree that naturalmedicine should be kept very strong in what remains.
Good job with the miners, I guess their value has risen inline with LEO?
!ENGAGE 25
ENGAGEtokens.yes! congrats on the upcoming wLEO! very exciting to read this! I've always been confused by the* all content* tribes. I feel like if you focus on everything, then you're really focusing on nothing. just my 2 LEO
looking forward to hearing more news!
have a !BEER
Point taken. I guess a diverse portfolio was the plan - it was unclear a year ago where the tribes were heading.
Cheers!
!BEER
!ENGAGE 25
View or trade
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BEER.ENGAGEtokens.Hi Asher....I thought SPT was supposed to be up to something. I feel leofinance has set a path others could follow, its working so far, could be better tho,...how hard could it be?👀
I'd like to see SPT up to something, I've been collecting those although not as aggressively of late.
!ENGAGE 25
ENGAGEtokens.Great compilation of data for your tribe portfolio!
I guess, LEO has saved every tribe investor!
Aside LEO, I've a good investment in two other tribes which I don't see in your portfolio viz. CTP & ARCHON ...and their miners. I wanted to see such data analysis for them too :)
Anyway, thanks for this informative analysis!
Posted Using LeoFinance
Cheers!
A manual effort but handy to have some previous data recorded.
I'm not well up on ARCHON or CTP, hopefully they are going well for you.
!ENGAGE 25
ENGAGEtokens.I like leo
Posted Using LeoFinance
I hadn't guessed! :D
LEO does kind of stand out there!
Posted Using LeoFinance
Just a touch!
Always looked like the most popular niche, although the price action earlier in the year meant it was possible to load up very cheap compared to today. Good work building your pile of late!
I'm quite happy - it was the curation returns that made me pile in TBH! There's also something about being a bigger fish in a smaller pond, it's nice to see your vote worth 3 LEO.
Posted Using LeoFinance
Until I see more development from other tribes I won't be buying a damn thing lol I think most of them are living off the fact that HIVE needs to move up for them to do anything and that's not a good way to bank on value, LEO is super active and trying to add value to their various products.
Can't argue with you there. Only the 'all content' tribes are showing reasonable activity of late. I wonder if they or the other tribes are considering wTokens - I guess it could be wise to see how wLEO does.
Well they could do it but you'll need the liquidity and market cap to validate it first, most don't have the over $200 000 market cap it would take to wrap and apply for a listing on uniswap.
LEO team had to put out a serious chunk of change to get there's going I am sure
Yeah that’s going to be the trouble. I can’t work out how many SPORTS tokens would be required, it is a lot!
Are you going in for some wLeo? I’m still unsure but powering down some to keep options open.
It would be around 10 billion of the circulating supply of SPORTS to make up say would need to be moved to uniswap to get a 50k pool going
Unfortunately not with the gas fees at that price, I am however thinking of buying some BEE and doing my market-making in HIVE-Engine but let's see what the price does post listing first
Worth a go and something to report on 👍🏾
!ENGAGE 25
ENGAGEtokens.Well and here's some !BEER
Cheers!
!BEER
View or trade
BEER.Hey @teenagecrypto, here is a little bit of
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BEER.View or trade
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BEER.Well... I love you Leo at leofinance