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Which Tribes hold Value? Part 1 - SteemLEO by ecoinstats

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hive-167922 · @ecoinstats ·
$2.77
Which Tribes hold Value? Part 1 - SteemLEO
Of all the tribes, which ones have value?  Value has value, and value can be created, but its a lot easier to add value than to create value from nothing.  Let's take a look at some of the tribe tokens held within our SYNERGY fund.

<center>![](https://cdn.steemitimages.com/DQmNi5U6DZEcwNrRz8Vm3MDNeALW5bweeeMTpH8U29NYAVv/image.png)</center>

It is essential to remember that all tribe tokens are priced in the currency of STEEMp on steem-engine.  In this way, token price multiplied by outstanding tokens will give us a rudimentary market cap *in STEEM terms*.  

## #1 LEO

One of the very first tribes the fund became involved in, SteemLEO focuses on investment and cryptocurrencies, one of the HOT communities not only  within blockchain but all around the internet.  The price in STEEM terms has suffered recently, but in terms of development and implementation, SteemLEO always seems near the top.  

<center>![](https://cdn.steemitimages.com/DQmYuZQrcesr53FKwhb3q8RjKhgxWkfxPiniUQ8GsetihGE/image.png)</center>

So is this low price an attractive entry way into the tribe?  It indeed might be.  With 3.922 M LEO in circulation, the SP market cap at 0.06 is 235,320SP.  The Synergy Fund is currently powering up LEO and not selling.  

***

## Why did the Fund get involved in LEO in the first place?  

Originally, when the fund was stacking less speculative assets, there were no immediate plans to get involved in any tribes, as the technology was very new and most of the available tokens seemed vaguely overvalued or at best, nascient.  

That changed when @spinvest-leo released their LEO delegation program.  We began by delegating 400 LEO to the program, and have received 0.4 SPI per week.  We have since then powered up another 400,  almost.

<center>![](https://cdn.steemitimages.com/DQmTCNzgbtpbri12fAFN2gLL8yZqdiq4JihqRXEzsvvQZ87/image.png)</center>

<center>https://steemitimages.com/640x0/https://cdn.discordapp.com/attachments/601262083044147202/601407761007509505/w6OUNaWf-image.png</center>

## What does the Future hold for this tribe?  

Of course of that I cannot say.  But there are several reasons to like what is going on over at LEO.

<center>![](https://cdn.steemitimages.com/DQmQraUuvPeGprws4DAywnH9xMeGxjC5iRkCTghkbtmV7ZS/image.png)</center>

## This is not advice, it is History.  Do your own Homework.

Posted via <a href="https://steemleo.com/">Steemleo</a>
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 58 others
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@catscientist · 
Thank you for supporting @CatsMakeKittens by being a part of our community @ecoinstats.

Each CATS you purchase gets you daily upvotes from me @CatScientist as our community grows so do your rewards for being a member!
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@co2fund · 
Thank you @ecoinstats, for using the [CO<sub>2</sub> Compensation Coin (COCO)](https://steem-engine.com/?p=market&t=COCO) to reduce your CO<sub>2</sub> footprint.
👍  ,
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@mapxv · 
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@trendotoken · 
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@maxuvv · 
A member bonus $trendotoken tip and !trendovoter from MAXUV!
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@trendotoken · 
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@olaf123 · 
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vote details (3)
@revisesociology · 
I don't hold much Leo, but I do intend to my more, I think it's a good investment, good focus for a community!
👍  
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vote details (1)
@trendotoken · 
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@trendovoter · 
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---
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