MAPX Token Weekly Profit Statement & News - 19 January 2020 [MAP Steem FinTech]

in hive-167922 •  last month 

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; were now up to 9960 in SP.

One number I'd like to highlight is the VVT, the vote value per token, which now stands at 1.29 STEEM, rather stable over the last few weeks. 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 has sponsored the Buildbetter Contest with a donation of 500 MAXUV tokens. All winners have received their prizes and look forward to their progress.

Also, MAXUV tokens being given as prizes in this Second 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.


And... here are a few prizes:

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

Winners of TRENDO tokens are... @felander and @bxlaphabet .

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. At the moment, this means having at least 2 MAPX tokens.


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 = 9960
Mining SP = none
Other STEEM = 984
Total STEEM = 10944
Total Income = 32.0
Fee = 3.20
Total STEEM carried down = 10926

MAPX ABV = 1.13 STEEM
MAPX VV/STEEM = 1.41
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


Posted via Steemleo | A Decentralized Community for Investors

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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 0.63617400 TRDO & @addax will get 0.42411600 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 4.91130338 TRDO & @busbecq will get 3.27420225 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 and !trendovoter from ONECENT!
Also consider MAPR fund and MAXUV vote bonds too.
MAP Steem FinTech: growing your STEEM without SP.
Win MAPR tokens in this new Nonsense Writing Contest.

Congratulations @onecent, you successfuly trended the post shared by @map10k!
@map10k will receive 0.47998575 TRDO & @onecent will get 0.31999050 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 @onecent, 2.5% 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 4.19673150 TRDO & @maxuvv will get 2.79782100 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 Second Nonsense Writing Contest.
Thanks!

Congratulations @rycharde, you successfuly trended the post shared by @map10k!
@map10k will receive 4.94061525 TRDO & @rycharde will get 3.29374350 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 Second 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 5.07818363 TRDO & @mapxv will get 3.38545575 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

$trendotoken

Congratulations @theb0red1, you successfuly trended the post shared by @map10k!
@map10k will receive 0.20727900 TRDO & @theb0red1 will get 0.13818600 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 20.45027251 TRDO from below listed TRENDO callers:

@addax earned : 0.424116 TRDO curation
@busbecq earned : 3.27420225 TRDO curation
@onecent earned : 0.3199905 TRDO curation
@maxuvv earned : 2.797821 TRDO curation
@rycharde earned : 3.2937435 TRDO curation
@mapxv earned : 3.38545575 TRDO curation
@theb0red1 earned : 0.138186 TRDO curation


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