MAPX Token Weekly Profit Statement & News - 10 November 2019

in money •  5 months ago 

Welcome to this week's review.

This week has been largely taken up with Steemfest4, so will be brief.

Good to see some renewed market activity, but as we have few tokens left, this is largely trading between existing and new members. The tokens remain attractively priced, with their value about 35% higher than the equivalent STEEM in SP. We hope to see the price pick up again towards the 1.20 STEEM mark, but the market is fine somewhere between 1.15-1.25.

We also continue to seek additional member benefits, such as TRENDO tokens.

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 20 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... @oscarps

Winners of TRENDO tokens are... @dbooster and @monsterbuster

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 (8375 staked)
SP in @MAP10K = 9567
Mining SP = 2,000
Other STEEM = 1166
Total STEEM = 10733
Total Income = 36.00
Fee = 3.60
Total STEEM carried down = 10729

MAPX ABV = 1.12 STEEM
MAPX VV/STEEM = 1.35
MAPX VV/Token = 1.16

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 3.22409363 TRDO & @mapxv will get 2.14939575 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!
You have received this message because you are either playing Round 2 or you still have tokens that need to be sold during this round to realise your profits. Thanks!

Congratulations @busbecq, you successfuly trended the post shared by @map10k!
@map10k will receive 5.30702888 TRDO & @busbecq will get 3.53801925 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 0.68744700 TRDO & @addax will get 0.45829800 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 3.16370813 TRDO & @rycharde will get 2.10913875 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 6.94551713 TRDO & @onecent will get 4.63034475 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 2.77988963 TRDO & @maxuvv will get 1.85325975 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! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You distributed more than 115000 upvotes. Your next target is to reach 120000 upvotes.

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Do not miss the last post from @steemitboard:

SteemFest Meet The Stemians Contest - The mysterious rule revealed
SteemFest⁴ - Meet the Steemians Contest
Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Congratulations @map10k, your post successfully recieved 22.1076844 TRDO from below listed TRENDO callers:

@mapxv earned : 2.14939575 TRDO curation
@busbecq earned : 3.53801925 TRDO curation
@addax earned : 0.458298 TRDO curation
@rycharde earned : 2.10913875 TRDO curation
@maxuvv earned : 1.85325975 TRDO curation
@onecent earned : 4.63034475 TRDO curation


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