Hello folks, i have been looking through a few things and came across today's @bankofwelshie post. The thumb nail picture has the word's "Can you Help?" and i thought to myself....yes, i can help. Im sure that not alot of people will see this but if you are awesome, you will hit the resteem button and get the word out about this. This project has been set up by the very trusted @welshstacker and he's running this for 3 months and produces a daily post with some sort of update. Check out the launch post for full details.
The idea itself is very simple. The bank of welshie is set up to last 3 years. Bank of welshie will issue welshie's at the cost of 1 STEEM each until the end of the first year ending 30th March. For the last 2 years the bank will produce a daily post to collect post payouts so that it has a dividend to offer welshie HODLer's when the bank shuts it's doors on 30th March 2022. Right now each Welshie costs 1 STEEM and is worth 1.08 STEEM. Your buying something that is already worth 8% more + you can return them to the bank at any time for a FULL refund. It's a little retarded to not own a few these and should be viewed as way to lock up some STEEM that earns interest in the hope that STEEM will be worth more in 3 years. We all make STEEM, why not save some with the bank of Welshie? so that your not kicking yourself when the price of STEEM explodes. When i think about it, this service can replace your steemit saving wallet as it is almost the same thing minus the 3 day waiting to withdraw.
What can we do?
There are 9 investors involved with @bankoflshie with a total of 439 welshies circulating. Now, being completely honest and i know Welshie will not take this the wrong way but that's sorta shit. Is it not? for a 3 month old project that posts everyday and is ran by @welshstacker a huge SSG community member that runs the community upvoting bot and gives away SP delegations every month. I thought there would have been more support for this. Im not stupid and i understand that if someone bought 400 welshies today, that current 8% would drop to 4% instantly but more investors, more people involved, bigger ROI.
I would suggest that everyone buy a few of these, at least 10 and then set up an auto upvote for @bankofwelshie. I currently give the bank a 20% upvote from CSB everyday and think if you own welshies, you are crazy to not upvote all it's posts cause that's how the bank makes money.
