MAPX Token Weekly Profit Statement & News - 12 January 2020 [MAP Steem FinTech]

in hive-167922 •  5 months ago 

Welcome to this week's review.

Market activity has been modest, yet MAPX token prices are now down at the same level as our ABV of just above 1.1 STEEM. 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.

As of writing, the Steem Engine platform is down so that our value of "Other STEEM" is an estimate based on numbers a couple of days ago. This will be updated next week and does not affect the upvotes received by MAPX members.

One number I'd like to highlight is the VVT, the vote value per token, which now stands at 1.29 STEEM, up slightly from last week. The market price is currently lower than this, so is a strong buy signal.

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.

A reminder that MAXUV is sponsoring the Buildbetter Contest with a donation of 500 MAXUV tokens. Many of the winners have received their prices and just waiting for one other to get in contact.

Also, MAPR tokens being given as prizes in this new Nonsense Writing Contest

Have a fine 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... @playdice.

Winners of TRENDO tokens are... @botefarm and @gentleshaid .

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.


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 = 9640 (6810 staked)
SP in @MAP10K = 9940
Mining SP = none
Other STEEM = 990
Total STEEM = 10930
Total Income = 42.0
Fee = 4.20
Total STEEM carried down = 10926

MAPX ABV = 1.13 STEEM
MAPX VV/STEEM = 1.42
MAPX VV/Token = 1.29

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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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 4.98341363 TRDO & @busbecq will get 3.32227575 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 and $trendovoter.
Also, please check out my new Nonsense Writing Contest.
Thanks!

Congratulations @rycharde, you successfuly trended the post shared by @map10k!
@map10k will receive 4.76902688 TRDO & @rycharde will get 3.17935125 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, and !trendovoter, for @map10k from MAPXV! These bonuses are for members, selected at random, and last for a few days.
Win MAPR tokens in this new Nonsense Writing Contest.
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 4.87014525 TRDO & @mapxv will get 3.24676350 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 @mapxv, 50.14% upvote has been shared with your successful call on the post that shared by @map10k!


Support @trendotoken projects by delegating : 100SP , 200SP , 500SP , 1000SP , 2000SP

A member bonus $trendotoken tip and !trendovoter for @map10k from MAXUV!
Also consider our MAPR fund and MAPXV vote bonds too.
MAP Steem Fintech: growing your STEEM without SP.
Also, please take a look at our new Nonsense Writing Contest post with MAPR prizes.

Congratulations @maxuvv, you successfuly trended the post shared by @map10k!
@map10k will receive 4.22485875 TRDO & @maxuvv will get 2.81657250 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 0.64552950 TRDO & @addax will get 0.43035300 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 received more than 5000 upvotes. Your next target is to reach 6000 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

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

$trendotoken

Congratulations @onecent, you successfuly trended the post shared by @map10k!
@map10k will receive 3.56502263 TRDO & @onecent will get 2.37668175 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 23.05799664 TRDO from below listed TRENDO callers:

@busbecq earned : 3.32227575 TRDO curation
@rycharde earned : 3.17935125 TRDO curation
@mapxv earned : 3.2467635 TRDO curation
@maxuvv earned : 2.8165725 TRDO curation
@addax earned : 0.430353 TRDO curation
@onecent earned : 2.37668175 TRDO curation


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