SPS Staking/Market Making and Lower risk fund to invest in high risk cryptos (hybrid assets digital and traditional)

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Hive is a great chain to buid Splinterlands on as it is actually creating and in my opinion is one of the main reasons for HIVEs growth as well as the serious growth Splinterlands has had when I invested it was a much lower valuation as I was fortunate enough to get in on the seed round because after reading the material I could see what it was going to do made a whole lot of sense to me. Luckly I picked a good horse to ride into battle lol.

Also been starting to use my daily SPS allocation or 1/2 to invest in pools on tribaldex and also swap into other coins like swap hive BNB to get exposure that way. Will be starting a Spinterlands income and trading club which will be classified as a investment club at first until more significant capital is raised then will need to file with the SEC as investment clubs do not have a filing issue.

The idea I had for the fund was to put about 50K in my self and try to raise 100-200K to start and the initial unit holders in the club will get part of the GP split and better terms. After the club has a track record we will pursue a reg A or other raise for 10 million to 100 million and at that point all the initial seed units are converted to S Corp shares asl long as allowed which will be the management company that collects fees from the limited partners on a water fall of 5% preferred then 5% to the GP (GP Voting units) after the (5 each) there is a 50/50% until 20% then 60% GP 40 LP from 20% to 50% and after 50% the GP shares get all the profits. So LPs are capped at 50%. Then the annual fee for MGMT is 2% plus any costs such as accounting, taxes etc. I will do the taxes as I am a CPA so the rate will be at cost unitl we raise capital then it gets charged to the LPs and the fee goes to FMV of 2-300 a hour but the GP units wont need to pay any fees or splits we receive the outsized returns just like syndications for real estate.

I was thinking about getting land in Puerto Rico and live there half the year so I dont pay taxes and can add solar and rent out sheds or other cheap structures for mining rigs etc for sat 50-100 a month costs 1000-2000 for a pre built metal storage shed that can be packed on the land and the recovery would be 1 year of rent to pay for it. Also a pole barn will be constructed for me to be able to stay there and manage the property. Electricity from solar not used will be sold directly to miners to provide cheap electricity which will fill it up fast.

The other part of the fund is what will happen first and it is to purely stake, lend and market make with stable coins on various platforms and with the 10-20% use that to invest in risky coins and reinvest like 5% into stable coins to grow the inv income. Other assets such as cash flowing real estate, stocks, bonds, hard money and other various strategies to make it a large diversified fund but small enough to take advantage of various situations that you would have a hard time doing if you were a 1 billion fund.

Not advice please consult a professional as these are opinions only not advice.***



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