Not too much exciting, I have been keeping up on it and keeping up with payouts, but I havn’t been able to spend as much time as I would like working on the project lately. No plans to end it anytime soon though. We also have a private message board where things are talked about in a bit more detail (although also a bit quiet lately) over at http://letstalkbitcoin.com which you can access if you own at least 1 SPECULATE token.
“Would be nice if we could see the weekly earnings boiled down to a percentage increase/decrease each week.”
Do you mean just another column in the spreadsheet that shows how much total earnings have changed from week to week?
Also, what are your feelings on how this will scale? Do you think there is enough liquidity in assets yet that you could scale the investment level up and still be able to make same returns?
TBH actually, I don’t think it will scale to much, at least not yet. From what I have seen there just isn’t enough reliable (as far as crypto stuff goes) assets out there to be able to dump a ton of money in to and not have a very high chance of getting majorly burned. Also with the current scheme for the token, only up to 10,000 tokens are available for purchase at any one time, which is only a bit over 0.5 BTC in value at the current rates. Kind of limited/restricted on purpose.
If I do decide to kick this up a few levels, there will probably need to be some changes such as to the the pricing and/or issuance structure, store everything on multisig addresses, make things more auditable etc… we’l see how things go. For now it’s mostly just me playing around with a few thousand worth of BTC about 60% of the total amount invested has been paid back already to, so that’s not too bad.
Finally, what are your criteria for choosing what investments you put funds into?
The main thing that I look for is regular and reliable dividend payments. I’m looking for stuff that pays out daily, weekly or monthly (not quarterly or once in a blue moon). Unfortunately out of the tokens and assets out there that do actually pay dividends, its hard to find ones that are active about their payouts and don’t just give up and disappear after a few weeks. So far the most reliable and biggest earner has been B.MINE from Havelock (bitcoin mining derivative).
I also very much want to focus on purchasing equity-type tokens built on Counterparty as much as possible as opposed to buying on these random centralized services. If you know of any projects out there that might be of interest, let me know. Last time I checked, my two tokens (SPECULATE and EARNFREEBTC) were the most frequently paying tokens by far in the XCP ecosystem, I’d like to see some more players though