MAPX Token Weekly Profit Statement & News - 1 March 2020 [MAP Steem FinTech]

in hive-167922 •  last year 

Welcome to this week's review.

This is a turbulent time for the Steem blockchain and the STEEM market price. But it has been heartening to see the price of MAPX, and the amount staked, rising this week.

This has temporarily brought the VVT value down; this is the vote value per token, including the current market price. As promised, tomorrow I shall undelegate some SP - after the MAPR distribution - so that this value will increase again. Our ABV remains stable at 1.16, as this shows that we have more STEEM value than the number of tokens sold.

The MAPX token account now holds only about 300 tokens, so it is very much a free market. If you are waiting for the price to drop, I would suggest looking at MAPXV as an alternative with a market price well below par.

We now have a new voter working for MAPX, and I hope that nobody has noticed! One thing that is a bit fiddly is changing the votes from a single to a double vote, so we shall stop giving out bonus double upvotes. Instead, we shall have an extra member prize of TRENDO token comments.

Note that the TULIP Mania Game has almost finished! If you are playing the game, please read the latest posts about cashing out your profits.

Also, MAXUV tokens being given as prizes in this Fourth Nonsense Writing Contest

Have a fine week!


What is MAPX?

MAPX was our first "vote bond" in the MAP FinTech family of programs. It is designed to deliver a 0.1% upvote per token held, with a maximum holding of 1000 tokens. The fund has a total of just 10,000 tokens available. MAPX token holders also benefit from profits being compounded into SP so that the token price should slowly rise.

MAPX is thus designed like a bond in that "interest" is earnt as upvotes, plus each token is backed by STEEM so that the capital value slowly increases in line with our fund. MAPX is managed by the same team as MAPR, which has been distributing profits to Steemians for 22 months.

As MAPX tokens have nearly sold out, we would encourage new members to consider the open-ended token @MAXUV.


And... here are a few prizes:

Winners of TRENDO tokens are... @votebetting and @bosmob.

Prizes last for at least 10 days and TRENDO tokens are subject to supply.

Note that the random draw is done from the top 100 MAPX token holders. If you are outside this top 100, then your name will not appear in the draw. At the moment, this means having at least 2 MAPX tokens to be safe.


Please note that I always qualify any forward predictions as they are subject to technical issues such as the proper functioning of the blockchain and our own algorithms.

The headline figures are:

MAPX tokens active = 9720 (8284 staked)
SP in @MAP10K = 10,158
Mining SP = none
Other STEEM = 1068
Total STEEM = 11226
Total Income = 44.2
Fee = 4.42
Total STEEM carried down = 11222

MAPX ABV = 1.16 STEEM
MAPX VV/STEEM = 1.13
MAPX VV/Token = 0.87

Note that "Other STEEM" is the sum of all holdings not powered up as SP: liquid STEEM and SBD plus holdings within Steem Engine to maintain market liquidity plus some investments; we also now have stakes in MAPR, PAL and LEO, and some others, and receive rewards from them. Also note that values are volatile, especially any holdings priced in US$, so the above numbers are a snapshot and may have changed when you look at the @MAP10K account.

Income includes rewards and token trading profits but excludes token sales.

The Asset Backed Value (ABV) is our total holdings calculated in STEEM divided by the number of active MAPX tokens, whether staked or unstaked. This shall be used as the lowest price we offer MAPX tokens on the Steem Engine market.

If VVS > 1.0, then MAPX stake-holders are getting upvotes of greater value than the par 0.1% per token.

If VVT > 1.0, then MAPX tokens are under-priced on the market and good value to buy.

Full details of how the MAPX token operates can be found at New MAPX Token for Upvotes and Value Growth.

Any questions, please ask in the comments below.



Building Steem's Fintech

[BUY MAXUV] - [READ MAXUV]

[BUY MAPR] - [READ MAP REWARDER]

[BUY MAPXV] - [READ MAPXV]

[BUY MAPX] - [READ MAPX]

Plus Some Serious Funtech

ONECENT: The First Strategic Token Investment Game (STIG)

ADDAX

TULIP MANIA

Posted via Steemleo

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A member bonus $trendotoken tip and !trendovoter for @map10k from MAXUV!
Also consider our MAPR fund and MAPXV vote bonds too.
MAP Steem Fintech: growing your STEEM without SP.
Also, please take a look at our new Nonsense Writing Contest post with MAPR prizes.

Congratulations @maxuvv, you successfuly trended the post shared by @map10k!
@map10k will receive 4.05059738 TRDO & @maxuvv will get 2.70039825 TRDO curation in 3 Days from Post Created Date!

"Call TRDO, Your Comment Worth Something!"

To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site

Hi @map10k, a free $trendotoken and !trendovoter to you from @Busbecq.
Thanks for playing the new TULIP Mania Game Round 3.
Also consider our MAPR fund and MAXUV vote bonds too.
MAP Steem Fintech: growing your STEEM without SP.

Congratulations @busbecq, you successfuly trended the post shared by @map10k!
@map10k will receive 4.65949463 TRDO & @busbecq will get 3.10632975 TRDO curation in 3 Days from Post Created Date!

"Call TRDO, Your Comment Worth Something!"

To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site

Congratulations @busbecq, 4.76% upvote has been shared with your successful call on the post that shared by @map10k!


Support @trendotoken projects by delegating : 100SP , 200SP , 500SP , 1000SP , 2000SP

Hi @map10k, a small upvote and a tip from the ADDAX trading game! Round 2 has closed - Round 3 to start soon.
$trendotoken

Congratulations @addax, you successfuly trended the post shared by @map10k!
@map10k will receive 0.61220813 TRDO & @addax will get 0.40813875 TRDO curation in 3 Days from Post Created Date!

"Call TRDO, Your Comment Worth Something!"

To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site

A member bonus $trendotoken tip, and !trendovoter, for @map10k from MAPXV! These bonuses are for members, selected at random, and last for a few days.
Win MAXUV tokens in this new Fourth Nonsense Writing Contest.
Also consider our MAPR fund and MAXUV vote bonds too.
MAP Steem Fintech: growing your STEEM without SP.

Congratulations @mapxv, you successfuly trended the post shared by @map10k!
@map10k will receive 5.52727800 TRDO & @mapxv will get 3.68485200 TRDO curation in 3 Days from Post Created Date!

"Call TRDO, Your Comment Worth Something!"

To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site

Hi @map10k, a modest tip of appreciation:
$trendotoken and !trendovoter .
Also, please check out my Fourth Nonsense Writing Contest.
Thanks!

Congratulations @rycharde, you successfuly trended the post shared by @map10k!
@map10k will receive 6.17147100 TRDO & @rycharde will get 4.11431400 TRDO curation in 3 Days from Post Created Date!

"Call TRDO, Your Comment Worth Something!"

To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site

!trdo

Congratulations @cryptoyzzy, you successfuly trended the post shared by @map10k!
@map10k will receive 0.08465513 TRDO & @cryptoyzzy will get 0.05643675 TRDO curation in 3 Days from Post Created Date!

"Call TRDO, Your Comment Worth Something!"

To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site

Nice i won a price :D i have no idea how i did it :D

Congratulations @map10k, your post successfully recieved 21.10570427 TRDO from below listed TRENDO callers:

@maxuvv earned : 2.70039825 TRDO curation
@busbecq earned : 3.10632975 TRDO curation
@addax earned : 0.40813875 TRDO curation
@mapxv earned : 3.684852 TRDO curation
@rycharde earned : 4.114314 TRDO curation
@cryptoyzzy earned : 0.05643675 TRDO curation


To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site