MAPX Token Weekly Profit Statement & News - 23 February 2020 [MAP Steem FinTech]

Welcome to this week's review.

This is half a day early, but it really doesn't matter as is largely for information purposes and no payouts need be made.

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 restarted!

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

Steemit Communities are a welcome step forward, with many benfits, but there is one deep weirdness you need to understand: you may need to resteem your own posts.

If you now publish a post within a Community, that post will not automatically go out to all your followers. You need to go in your Posts tab and resteem yourself. Only then will that post also appear in your Blog tab.

The logic - yes, there is one - is that Communities will soon have even more features, such as the ability to be a closed group for members only. In such cases, you really don't want your pearls of wisdom bouncing across the marble floor for all to see - and hear.

Have a fine week!

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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.

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And... here are a few prizes:

Winners of TRENDO tokens are... @bpcvoter and @livinguktaiwan and @qurator.

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.

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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 = 9670 (7870 staked)
SP in @MAP10K = 10,135
Mining SP = none
Other STEEM = 1058
Total STEEM = 11193
Total Income = 52.2
Fee = 5.22
Total STEEM carried down = 11188

MAPX ABV = 1.16 STEEM
MAPX VV/STEEM = 1.18
MAPX VV/Token = 0.99

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.

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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