What the fluff is XV Token and is it for you?

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Hello Hello Hivians

Welcome to the weekend.

I actually had this post written last weekend but was hit with the worst flareup of my AS for about 6 years during this week and only now have managed to get back to it and hit that publish button!

This is my personal review of the XV token which I have deliberately chosen to post within the Silver Bloggers community

Most reviews I see around Hive are 100% pro or against, likewise with any crypto it seems to 100% pro or against generally with the caveat DYOR Do Your Own Research.

We can be for something, but surely there are some concerns that have been thought of and taken care of?
Mention them.

Is something better suited to person A than to person B?
Mention them...

Well let's get to it!

When I first heard of XV I immediately thought of my school rugby football days where the team had fifteen players and was known as the XV (for info I was 9 or 14 points for guessing and commenting on what two positions those were!)

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What the actual fluff is XV token?

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XV (pronounced 15) is SPinvest's latest investment token and I love the concept. Diagram Source

Concept

  • @spinvest mints 1 billion XV tokens
  • XV tokens are sold 1st March 2023 - 10th May 2023 priced at 1 HIVE each.
  • @spinvest takes the HIVE and buys a basket of 15 (XV) crypto tokens.
  • @spinvest hodls tokens in an offline wallet for 2 years.
  • @spinvest then cashouts crypto tokens and converts to Hive.
  • @spinvest calculates the HIVE value per XV token and add a buy-back wall to the hive-engine.
    In June 2025 all XV Investors Cashout in theory a tidy profit.

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The one good thing about having a flare up, is that I have updated this post from last weekend with information obtained during this week.

Flowchart is the one from HUGE XV Token update | Only 7 weeks left to invest! the latest XV update post from @spinvest which I recommend reading irrespective of whether you are a XV holder.

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Investments

Tokens sale have been ok, but only ok with selling around 2500 tokens.

This is from the report I mentioned previously and I would say that is rather disappointing. Sales have been available for 24 days now.

So the good thing thing is that Investments have been made.

The XV have been chosen!

Here are the XV and their (current) allocations.

Top 1-3 - Bitcoin BTC, Ethereum ETH, Cardano ADA - 35%
Top 4-6 - BNB, XRP, Dogecoin DOGE - 25%
Top 7-10 - Polygon MATIC, Solano SOL, Shiba Inu SHIB, Litecoin LTC - 25%
Top 11-15 - Stacks STX, Avalanche AVAX, Polkadot DOT, Fantom FTM, Chainlink LINK - 10%

I did mention current allocations as this is slightly different to the allocations that were proposed in the initial SPinvest newest token release coming soon - XV

Allocation will be split
40% to the top 3 holdings (3)
25% to cryptos 4-6 (3)
25% to cryptos 7-10 (4)
10% to cryptos 11-15 (5)

The allocations have been tabulated perfectly as can be seen in the table below from HUGE XV Token update | Only 7 weeks left to invest! the latest XV update post.

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More info on investments Q and A format

I had some concerns which were already answered and these are ...

Q Can I recommend a crypto which is not listed as one of the XV?

No, the basket will be decided on by @silverstackeruk on behalf of SPinvest. I have seen from past results that public voting is not the best form of selection for investment. I'm not Warren Buffet but I think I have a level enough head.

This is a biggie for me. I wanted to know if I can't help to decide what tokens we have, then who is? I have not been on Hive that long so I don't everyone, however I have seen what the SPI family do. I am a big fan of the Saturday Savers family and as @coquicoin says I do like to recruit hehe.
In addition I had @shanibeer on Talk Time with Tengo who explained who was behind the SPI family, and Silver Stacker gets my vote. I have been a Projects Manager in the oil industry and love detailed reports. The reports Silver Stacker and on the ball.

So whilst on a personal level I do not like not being able to impact the XV selection, I have no problem in letting @silverstackeruk be the fund manager for want of a better term.

A NO you cannot, BUT XV has a USP in @silverstackeruk who does the choosing!

Q What the fluff is USP?

A Simples it is Unique Selling Point! So @silverstackeruk chooses the coins and does all the reports. All you need to do is sit back and enjoyand read the reports!

Monthly reports will be uploaded to the @spinvest account showing the crypto we hold, their allocation to the basket, month to month and overall growth charts to be as transparent as possible.

Q 2 years is a long time, can I sell my tokens?
A This is one of the reasons I posted this in the Silver Bloggers community.

You will be able to sell your XV tokens on the open exchange where the price will be determined by the market and pool of buyers at that time.

As we are Silver Bloggers, you knows what is round the corner. So because we do have the XV tokens in out wallet we will be able to sell them. How much we get is anyone's guess!

Q What are the hidden costs?
A There is always a BUT (isn't there)?

HIVE value per XV - 1.04 HIVE not sellable for 2 years and 7 weeks 😮

It would appear we are in profit ....

BUT

SPinvest will collect a small fee of just 5% at the buyback stage in June 2025. For an actively managed fund, 5% for 2 years is decent and SPI has to get a cut🤑

So not quite ... however (see not a BUT) I have to agree that the management fee of 5% is pretty darn low.

Q Are the XV set in stone?
A Another of my questions and in short no they are not!
Cryto as we know is full of scams, rug pulls and god knows what else. As I said I have only been on Hive for a year and a half, I have been involved in cryptocurrencies for close on ten years, so I have seen my fair share of things!

Remember I said XV has a USP... Yes of course you do! So it is up to @silverstackeruk to keep his ear to the ground, which he does I believe and rebalance our XV portfolio.

Rebalancing is an artform in itself. I won't bore you with the details but have a read of Crypto Rebalancers - Are they any good? from @spinvest which explains what he is using to perform this.

If @silverstackeruk gets a rebalancing premium on the XV portfolio then the 5% will seem like nothing!

My recommendation!

  • If you are looking to get some low-risk exposure to crypto then XV is for you!

I say low-risk because of course every crypto investment has the potential to end up at 0, however as almost a quarter of XV is held in Bitcoin and Ethereum, that is about as low risk as you can get. Remember Bitcoin is number 1 for a reason.

Personally I am undecided as I don't like spreading myself too thin and 2 years is a long time. I have my crypto portfolio and so far have kept HIVE separate.

Well here we go, as I read this, I went fluff it and decided that I will dip my toes in the water and get some...

Have you invested in XV?

I know @shanibeer was kind enough to give listeners of my Talk Time with Tengo Episode 11 show a token ....

Perhaps @silverstackeruk would like to come and talk to us more about the token and how he is finding the experience is going with the 2 rebalancers that he is using.

Finally, why did I post in Silver Bloggers?

Firstly I wrote this article using my main account which means that I won't post in Leo Finance because that is what my alt is for!

And as a Silver Blogger though I have a

• a keenness to learn more about blockchain and crypto – we’re not digital natives – most of us were born before the PC was imagined; we ask “stoopid” questions

Talking of Silver Bloggers, there are heaps of us who are pre-millennials who could be posting in the Silver Bloggers community...

Did you know that Silver Bloggers are on threads?

Well we are, so getting posting with the tag #silverbloggers as we mention in Silver Bloggers are working the threads and you may well get a visit from @silverlions.leo our threads curation account!

It makes sense to thread!

Thanks for visiting and enjoy stacking XV

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All images and ramblings are from me, the mad Scotsman TengoLoTodo unless mentioned in the post.
@tengolotodo March 24th 2023

DO WHAT YOU LOVE AND DO IT OFTEN

Haste Ye Back!

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crypto hive-engine teamuk leoalpha spinvest mancave slothbuzz ctp neoxian archon
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39 comments
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This is a fantastic review, Tito Ed. I somehow missed the update but thanks to this, I now know. With only 2500 of the tokens sold, chances are not many people know about it or some might still be thinking :)

!LUV

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Salamat CJ, well I wrote it last weekend after the Savers post but well was unwell so tonight I went to publish and noticed spinvest's update so updated this one. Was quite intrigued about the differences in original planned allocations and what has been allocated and went fluff it and bought 50 XV ... And am playing catch up and have seeeeeen your hair 💙 post well darn!
!LUV

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Hope you are doing well now, Tito Ed. I was wondering if you went on a trip not seeing you for a while.

What I love about the SPInvest is that they give regular reports and updates so at least investors are in the know. 50 XV, nice! I've only 10 but will add more before the end of the sale period.

Take it easy with the catching up Tito hehe 😉

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A trip of hell perhaps but nowhere nice lol

Ah well, the 50 XV, yes I bought that, then apparently hit the button again, so now have 100 🤣🤣🤣

Yes can set up a coingecko XV portfolio too if you want CJ!

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Trip to hell is no fun at all, Tito Ed!

And oh my, now you're a real XV hodler! Awesomeness!

For the portfolio, I had set up one before of my holdings but never really check and update them so I just stopped altogether, lol!

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hehe the portfolios are funny in so far as I never update token amounts but just like to see the price updates. I think I will set one up for XV and yeah I did a booboo and hit buy twice so I guess that is the Universe saying buy more!

Happy Sunday CJ and I wanted to say salamat😁
!LUV
!PIZZA
!ALIVE

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True that, Tito Ed. It's awesome that you bought 100 XV already.

Salamat din and good morning to you :)

Let me try !CTP 'coz it worked a little while ago😁

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Yeah well that 100 was meant to be 50 🤣🤣🤣
hmm I thought !CTP stopped on December 17th...

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Haha! It's not a mistake is it?

I think they brought it back. I received a tip from the command :)

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Well, someone else I saw used it on me, I never got anything...
Oh well maybe something we can discuss on Tuesday ...

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Oh. That would be a good thing to talk about.

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I learned a lot about ate Ifarmgirl's post about XV but post of yours makes all things clear, I really thought once you invest, it was locked up for two years and investors had no power to pull out their tokens if there's an emergency happened. It looks like a saving program but has no dividends, it's such a nice project hoping that a lot of investors will consider it.

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What I like about it is that you are getting into Bitcoin, that is the daddy of crypto, you get the highs but never the massive drops that alts get.
You are right there are no dividends as such, but if you want dividends on Hive then put your savings in HBD and get that 20% interest.
Thanks for reading and how are you enjoying Hive?
!PIZZA
!ALIVE
!LOLZ

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Great review Ed. It looks an interesting project for sure and worth a punt.

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Great review @tengolotodo and really interesting to see your questions.

The other thing that I think is important is that silverstackeruk is very responsive - if you leave a question on a post or in the discord, he will come back pretty quickly and explain what's happening.

He's pretty good at timing and he's prepared to wait until the time is auspicious - like with XV, he waited three years to launch the idea. I can remember him talking about it in the early days of spinvest.

Good to know you're feeling better.

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Thank you @shanibeer, yeah writing a review is a great way to get to know a product.
I changed my tune from when I wrote the review a week ago, so as mentioned to hooise I have decided that a leave and forget general crypto token would be cool. So yeah let someone else do all the hard work from choosing, rebalancing to reporting!
Sometimes things are worth the wait, and I see you bought a nice wee handful yesterday!

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Glad to hear you are well enough to post again - was wondering how you were !
Nice post on XV. Its quite funny - you dont like the fact that you cant influence the selection for the basket, whereas thats one of the reasons I really like it - I want someone else to do the hard work for me !!!
In terms of rubgy, although I like watching it I have never known the position names. So I'll go with wicket keeper and barman !
!LOLZ
!PIZZA
!PGM

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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 1 SBT - 0.1 THG - 0.000001 SQM - 0.1 BUDS tokens to @hoosie

remaining commands 0

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

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Cheers Hoosie, I am getting slowly but surely, got your DM thanks!
Yeah it was funny, I changed my tune from when I wrote the review a week ago, so decided a leave and forget general crypto token would be cool. So yeah let someone else do all the hard work from choosing, rebalancing to reporting!
Ah rugby I was in the backs lol although barman was not far wrong even at school🤣
!PIZZA
!PGM
!LOLZ

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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 1 SBT - 0.1 THG - 0.000001 SQM - 0.1 BUDS tokens to @tengolotodo

remaining commands 2

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

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Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

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(Edited)

PIZZA! PIZZA! PIZZA! PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
@tengolotodo(3/10) tipped @chikakiku (x1)
tengolotodo tipped hoosie (x1)
tengolotodo tipped ifarmgirl (x1)
hoosie tipped tengolotodo (x1)

Join us in Discord!

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Hi Ed, thank you for introducing this in detail to our #silverbloggers, first time I hear about XV! Will read it again, and again, but sounds like a good way to start a crypto investment.
I'm so sorry to hear you've had a bad bout of AS 🙏🏻
PS You & Eli are making me curious about the Saturday Savers club, I must make the time and see what it's about!
Take care of yourself🤗

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Hi Lizzie, I am not a saver and never have been, but I now have over 100 HBD and 100 Hive in my savings wallet thanks to Saturday Savers!
Well I thought we have crypto as one of the interests of Silver Bloggers, but nobody talks/posts about in SB so I decided to post it there.
XV is a great way to get crypto exposure without doing any work!

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Thanks I will take a peek.
We actually need to encourage more crypto posts like yours Ed.

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