Satoshi•Pie token (SPIES), the token of the first investment fund traded on a blockchain, fell by 6.4% in the week from 30/08 to 06/09 reaching $42.0738.
Satoshi•Fund is the first company that has several blockchain investment products, including Satoshi•Pie, and according to its strategy, invests in blockchain assets mid- and longterm making investment decisions based on the analysis of fundamental factors such as compound monthly growth rate, adoption rate, development status, and team dynamics. Satoshi•Pie token, SPIES, is issued on the Bitshares blockchain and is tradable on the decentralized exchange Bitshares DEX.
You can get more information on Satoshi•Fund here.
On 6 September, the portfolio structure of Satoshi•Pie was as follows:
| Bitcoin | 43.25% |
|---|---|
| Ethereum | 20.50% |
| Tezos | 4.59% |
| district0x | 3.33% |
| EOS | 2.69% |
| Monero | 2.19% |
| DigixDAO | 1.59% |
| Ripple | 1.57% |
| Byteball | 1.53% |
| Bitcoin Cash | 1.30% |
| Storj ERC20 | 1.27% |
| BitShares | 1.23% |
| Cosmos | 1.18% |
| DAO.Casino | 1.01% |
| Melonport | 0.89% |
| MaidSafe | 0.89% |
| Golem | 0.85% |
| Sia | 0.84% |
| Golos | 0.83% |
| Steem | 0.82% |
| Bancor | 0.82% |
| Aragon | 0.77% |
| bitCNY | 0.73% |
| Sonm | 0.63% |
| Aira | 0.63% |
| Wings | 0.61% |
| aeternity | 0.55% |
| bitUSD | 0.50% |
| Dfinity | 0.46% |
| Augur | 0.45% |
| Factom | 0.42% |
| WeTrust | 0.35% |
| FirstBlood | 0.26% |
| Stellar | 0.23% |
| Storj | 0.16% |
| Ethereum Classic | 0.08% |
| Blackbyte | <0.01% |
The total amount of assets under management is 39. Over the past week, the portfolio value fell from $32,168,113 to $29,645,449. The supply of SPIES tokens decreased by 1.5%.
The growth of SPIES price since its inception on 9 May, 2016, is 4107.4% in US dollars and 328.2% in BTC. The portfolio grew from $47,382 to $29,645,449 in this period. The status of the portfolio in real time can be monitored in the fund’s profile on cyber•Fund.
The top five portfolio assets contributed 3.3% to the overall portfolio value growth since the latest report of 30 August, 2017. Their share in the portfolio constitutes 75%. Bitcoin’s price lost 0.02%. The price of Ethereum fell by 6.7%, EOS grew by 29.8%, Tezos’ price did not change, district0x grew by 24.1%. The assets outside the top five fell by 27% on average which resulted in a decrease of the total portfolio value.
The chart below shows the price of SPIES compared to the value of a troy ounce of gold. There is no correlation between the prices of SPIES and gold, the correlation coefficient is -0.04.
If you want to get more information about Satoshi•Pie or have any questions about the blockchain assets it invests into, please write to its cofounders: Konstantin Lomashuk (k@cyber.fund) or Marina Guryeva (m@cyber.fund).
You can also read this article on Medium.
