RE: Splinterlands: an uncertain horizon?

my bot is usually in diamond 1 for half the season it will make it to champion soon just need to buy all the rest of the cards for the legendary undamed and some A/B cards as well as i want all the promos not gold except when it makes sense like some gold are closer to there dec burn value than regular cards. Mihgt as well get gold. Already have that gold lux which is sweet ended up getting that at splinterfest. When i bet on this game in the start up round i just looked at a spread sheet and talked to Matt and Aggie and asked if i could get in on this and own some equity and the great part i found out i own all of it Splinterlands, Genesis League Sport and the new platform there selling, Tower Defense plus my position in the SPS, GLX and SPT and SPT i intend to go after to get 51% to force a vote on the threshold and cut off a few things to make it a bit more valueable as well as creating a card treasury to create a guild behind it as well as a botted team to play while no one else is or let NIFTY manage it. Same for oneup im going for that next and just going to add some value behind it. Get a bunch of cheap cards hand them out a ton plus have a bunch of random coins like the 400 million NFTM i bought over the years for like 30 bucks as well as other tokens i dont want which will add more value and push up the price of SPLG and i can use that to control the initial sale which will be used to create a stable coin investment club that uses interest or fees to invest in riskyer assets but never risking the principle. I think im going to price the round at 10000 initial units at 2 dollars each and 5 attached restricted units per unit to purchase additional units 5 years from now at a 50% discount from FMV. The DAO may decide to also convert the value of the options into 5 year interest only debt at 10% paid 2 times per year. At the end the debt plus interest will be converted into a combination of 20% preferred stock with a cummulative distribution of 8% and a par value of 20 dollars and 80% will be converted to common stock at FMV at the time less a 25% discount. The stock will only be sellable over a 10 week period for half and the other half will be a lump sump at the end of 12 months. Also since we will manage both the debt and equity the management fee for both as well as expenses such as record keeping, k-1 preparation, state k-1s, foreign tax reporting, active vs passive income, Income by activity, various tax credit computaitons, books and records for semi annual updates. Distributions will be paid weekly for any income in kind so that no tax is recognized as it goes against tax basis first. We will also be researching varous new methods in the space and taking a large r and d credit along with a ny r and d credit, ny property tax abatement for 10 years, ny income tax abatement for 10 years, Looking to purchase land in the USVI to build a pole barn that is pretty much a house and a station for all my equipment as i plan on mining various tokens as well as leasing out the solar power i plan to surround the land i buy with and build little guest miner huts for ppl to rent out by paying a low base and 50% of there profits. Also will be hosting staking as a service while tokens are low like xtx is at .8 i can easily buy 8000, solana can stake with one, atom will probablly use a service, eth will use lido or another service, stable coins will be 80% of the portfolio with 75% going to increase stable coins and interest and 25% going to things like spl that way the principle is always growing and may get a big gain at some point. Im working out tht logistics for the club and I think im giong to use Tribevest as they are ment for investment clubs and others can see what your doing and join if you let them so a good way to get capital. Also the legal aspect they take care of it with a Cayman Islands LLC all set up for you and keep track of the members etc. If i can raise a few hundred thousand this year liker 500-1000K then ill be on a beautiful track to have say 80% producing 15-25% in many lp positions as well as traditional equities and private deals like voyayer opp fund and the rest will be for trading crypto, Will always keep you principal safe and growing and let you take some risk which will eventually build up to a large position. Probably starting with maybe 50K my self so hopefully others will jump in with 10-100K. I have a few ppl who will put 50-100K in just need to get it all set up.

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