Looking at New Tribes and Start Ups

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I started an initiative several months back where I would look at potentially funding new tribes and start ups. The idea was simple, they'd receive funding from me for a stake in their tribe. The idea was a simple one, but one that could have been executed and promoted better. Sadly, this idea fell to the wayside and I haven't received any offers in months.

Luckily @silverstackeruk from @spinvest loved my idea so much that he decided to launch his own initiative that I could split 50/50 with him (I think he had been thinking of something similar for a long time). The beauty of this is, is that silverstackeruk is far more organised and methodical about these things than I could ever be, ultimately marinating our skills in a recipe for success.

Last week Musicforlife contacted @spinvest asking for help with funding, and we both agreed that we would provide the necessary funds to get them rolling. Stacker had looked into it and decided that this group were a passionate, committed, and motivated group of individuals. I agreed upon inspection. After reading their whitepaper announcement I realised that this was certainly a good choice.

So we pumped the funds into their account.

Why Musicforlife?

I must admit I was very impressed upon initial inspection. The whitepaper was by far the best whitepaper I've read in a long time. It was well written, realistic, and didn't over-promote itself by putting in stupid goals, or numbers plucked from thin air. I have a good feeling from this tribe. I think this one is going to be a hot topic in the future. I've already started inviting my musician friends in.

For a better and more detailed recap of what I am talking about please check these posts:

Musicforlife announcement: https://www.musicforlife.io/hive-167922/@al-gaming/announcing-the-new-tokenomics-of-musicforlife

Spinvest post: https://leofinance.io/@spinvest/spinvest-has-funded-it-s-1st-hive-tribe-check-out-musicforlife

For the funding we both received 10% of miners minted, and 10% of tokens airdropped. We currently hold those in the @houseoftribes account which we will use purely for staking and curation. That is a split of 5% each between the bro's and spinvest.

What does that mean for us BRO's?

Nothing yet. I know it's not what you're wanting to hear at this moment but we are looking at growing that account into a staking and curating powerhouse for the future. Then, after a significant time has passed I'll look at adding those as dividends to BRO

This isn't the only token you guys are patiently waiting for to come out in dividends. I still have LOTUS, CTP, Com, and VIBES. Once I have collected significant stake in these tribes, and enough to send out to over 100 investors you guys will start to see a nice pickup in dividends. We will see, and, give me time!

Is this a one time thing?

No. Send in @spinvest your whitepapers. Go for it. If you have a good idea and want to make it a reality then give us a try. You may have to wait a month or two in between the funding of new projects because like I said in my last post, I don't have a magical money tree (although I'd love to have one). We are certainly very pro hive and pro funding of new ventures.

The idea was sparked from a time when the Man Cave was set adrift in 2018 with no chain to call home, and no stability on anything. I was sat with a full discord with nowhere to go. Then, on one fateful day I came across this beautiful entity called hive engine that could allow me to start up a tribe for my set adrift BRO fellow's, but alas, it was going to cost me up and above of £700. Money that I didn't have at the time. Now? It's even more expensive.

If this was a feature back when I had just found hive-engine I would have snapped up this opportunity for certain. This is why I'd like to provide the opportunity to others.

But of course it's not all about providing the opportunity, it's also about providing us with the numbers, sustainability, and a plan for the future. We won't fund any half-baked plan with the economic viability of a hundred year drought, so put your thinking cap on!

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Bang, I did it again... I just rehived your post!
Week 46 of my contest just started...you can now check the winners of the previous week!
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Hey Raymond! I lost ya for a bit but super cool to see you around and still grinding the way!

I only learned about musicforlife today and it surely needs a better checking out because the concept is cool! Lets see how the work in there will be!

Stay safe!

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That's awesome, being a metalhead guitar player, this is one of the first areas on hive I checked out. I am happy to hear that soon there will be a tribe dedicated to music creation!

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This is amazing on so many levels. I know a lot of new music artists and this platform could be a good helpful launching point for them. Will be watching this one closely

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