ADDAX Trading Game Round 2 Report - Fund Update & APR Over 1000% - Day 14 of 28

The ADDAX fund has sold some more fresh tokens and continues to rise. Still time for new players to join in.

The key data:

ADDAX fund value = 1454 STEEM (+89 STEEM)
Tokens in play = 15,472
ABV estimate = 9.39 STEEM cents (0.0939 STEEM) UP from yesterday

We have more activity! Some more of ADDAX's own tokens sold yesterday, chipping away at that 11-cent price-point. This means the total number of active tokens has increased to about 15,470 and there is more STEEM in the fund account.

Hence, today's rise in value is a mixture of token sales and token trading plus a bit from rewards.

Having reached the halfway point of the ADDAX trading game, worth looking back to see how far we have come. The ABV on day 1 was 6.62 STEEM cents and we are now at 9.39 cents, an increase of +2.77 cents, or +42%.

Pretty good for just 14 days. I know you'd all love to see the APR figure, so here it is: 1091% APR! Doesn't mean we would actually reach this in a year, but APRs are useful ways of comparing rates of earnings set to a standard timeframe - in this case, one year.

A reminder that anybody can join in at any time. Just either buy what is on the market or, better still, place a buy order just above the current ABV.

Any feedback is appreciated.

[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

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