MAPX Token Weekly Profit Statement & News - 1 December 2019

in money •  4 months ago 

Welcome to this week's review. Apologies that it comes a day late but have been busy this weekend.

Market activity remains muted and MAPX token prices are now down at the same level as our ABV. This means that tokens can be bought and held as investments even by those who rarely, if ever, post and who thus don't even need the upvotes. I also notice a lot of members with less than ten tokens; maybe at that level they are useful "lottery tickets" for some of our random bonuses.

Our SP is significantly higher than the number of staked MAPX tokens, and we're inching our way up to our target 10k SP.

We also continue to seek additional member benefits, such as TRENDO tokens. We feel that such "tipping tokens" can form a useful part of the whole Steem economy, and we welcome the sight of more of them coming to market.

One last thing, MAXUV is sponsoring the Buildbetter Contest - please read more about that here.

Have a good 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.


As I haven't posted in a few days, here are a few prizes:

Winner of a double vote and TRENDO tokens is... @mariannewest.

Winners of TRENDO tokens are... @zipporah and @abrockman.

prizes last for 10 days and TRENDO tokens are subject to supply.


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 = 9600 (7050 staked)
SP in @MAP10K = 9694
Mining SP = none
Other STEEM = 1142
Total STEEM = 10836
Total Income = 46.60
Fee = 4.66
Total STEEM carried down = 10831

MAPX ABV = 1.12 STEEM
MAPX VV/STEEM = 1.33
MAPX VV/Token = 1.17

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

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A member bonus $trendotoken tip for @map10k from MAPXV!
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 4.05396900 TRDO & @mapxv will get 2.70264600 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 from the TULIP Mania Game!
Round 3 will start soon and full details will follow. Thanks for playing!

Congratulations @busbecq, you successfuly trended the post shared by @map10k!
@map10k will receive 5.56983338 TRDO & @busbecq will get 3.71322225 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 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 0.72146700 TRDO & @addax will get 0.48097800 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 for @map10k from MAXUV!
Also consider our MAPR fund and MAPXV vote bonds too.
MAP Steem Fintech: growing your STEEM without SP.

Congratulations @maxuvv, you successfuly trended the post shared by @map10k!
@map10k will receive 3.40637400 TRDO & @maxuvv will get 2.27091600 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
Thanks!

Congratulations @rycharde, you successfuly trended the post shared by @map10k!
@map10k will receive 4.90844812 TRDO & @rycharde will get 3.27229875 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 bonus $trendotoken tip from ONECENT!
Also consider MAPR fund and MAXUV vote bonds too.
MAP Steem FinTech: growing your STEEM without SP.

Congratulations @onecent, you successfuly trended the post shared by @map10k!
@map10k will receive 7.78444425 TRDO & @onecent will get 5.18962950 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 @map10k, your post successfully recieved 26.44453575 TRDO from below listed TRENDO callers:

@busbecq earned : 3.71322225 TRDO curation
@addax earned : 0.480978 TRDO curation
@maxuvv earned : 2.270916 TRDO curation
@rycharde earned : 3.27229875 TRDO curation
@mapxv earned : 2.702646 TRDO curation
@onecent earned : 5.1896295 TRDO curation


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