ADDAX Game Round 3 Starts Today Tuesday 17 March - Dutch Auction in One Hour
The ADDAX Round 3 Game starts on Tuesday 17 March at 14:00 UTC and lasts for 28 days.
Please read the launch post for full details.
I am aware that this is a turbulent time, but I feel it best to proceed as planned. The launch post does set out details in case we need to terminate early. Being asset-based means we should all be in profit by the end.
The Dutch Auction will start on schedule at 14:00 UTC, which is about an hour away. I shall fill in each price-point that has sold out, with the same tokens as was done at the very start. These will go all the way down to 100 ADDAX tokens at 0.01 STEEM.
After that, it's a free-for-all!
One bit of information has so far been missing. As stated in our first post, the ADDAX fund starts with some STEEM that has been accumulated from previous games. This amount will not be distributed but it does help to earn extra profits for this round. The ADDAX Capital has now been calculated as 230 STEEM. We have already sold about 200 STEEM worth of tokens for this round, so as you can see that starting fund can play a very useful role.
I shall post daily accounts showing our progress, the first being in about 24 hours.
ADDAX Game starts at 14:00 UTC on Tuesday 17 March 2020.
Game ends at 14:00 UTC on Tuesday 14 April 2020.
The tokens on sale will remain fixed after the start.
A short Dutch Auction will take place at the start, with tokens as low as 0.01 STEEM.
The aim is to make as much profit as possible for every player.
For each player, the aim is to have an average purchase price lower than the final closing price.
Players are free to buy and sell their ADDAX tokens during the game.
The game is truly over when all funds have been distributed back to players in the form of token buy-backs.
Enjoy the ADDAX game!
ONECENT: The First Strategic Token Investment Game (STIG)