MAPXV Weekly Profit Statement & News - Make Your Steem More Rewarding Without SP - 10 November 2019 [MAP Steem FinTech]

Welcome to our weekly account statement.

This week has been largely dedicated to Steemfest4, so this will be brief.

MAPXV News

Sales continue to be slow, but we also continue to edge up our SP.

The delegation-miners have been sent their tokens today - thanks, as always, for your support.

Other Steemians just need to wake up to the fact that they don't need to suffer low returns.

One important lesson in this changed Steem economy is that holding SP is no longer as important as it once was. Powering down that SP and buying some MAPXV tokens will yield higher returns than you would with that SP - and that includes any curation rewards earnt. So-called proof of brain is proof of intelligence, meaning use your proof of stake wisely.

Unless you are earning fabulous amounts just blogging, your stake in STEEM needs to be working for you, and that means having multiple income streams. I use MAPR as a kind of deposit account as it earns good interest and is liquid for when I need the STEEM. The vote bonds are different, in that their "interest" is paid out as upvotes, but it actually makes no difference as to whether one receives an upvote or the equivalent STEEM as either tokens or STEEM itself. Indeed, upvotes require waiting for payout and then having to power down either all of it or half of it, but they do boost SP.

I have spoken to many people at Steemfest who seem to continue using Steem in the same way as before HF21. For most such people, the result is disappointment. Even those who are waiting, and hoping, that the coin price will rise can continue to use their STEEM holdings in such a way as to keep earning and create a liquid fund that can be sold quickly as and when needed.

A reminder that MAXUV is sponsoring the Buildbetter Contest with a donation of 500 MAXUV tokens.

We shall, as always, continue to monitor developments on the Steem blockchain.

Any questions, please ask in the comments below, or you may ask in our new public Discord room.

Have a good weekend!

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MAPXV Headline Numbers

The headline figures are:

MAPXV tokens active = 8000 (20,000 max)
SP in @MAPXV = 7445
Mining SP = 27,980
Other STEEM = 2071
Total STEEM = 9516
Total Income = 124.00
Fee = 12.40
Total STEEM carried down = 9504

MAPXV ABV = 1.21 STEEM
MAPXV VV/STEEM = 25.3
MAPXV VV/Token = 15.8

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, MAPX, 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 @MAPXV 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 MAPXV tokens, whether staked or unstaked. Given that MAPXV token holders are getting 8 times the equivalent daily upvotes per STEEM, and adjusting for a variable VP, I shall leave it to the investor to calculate a market price for MAPXV tokens.

If VVS > 8.0, then MAPXV stake-holders are getting upvotes of greater value than the par 0.2% twice per day per token.

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

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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)

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