MAPX Token Weekly Profit Statement & News - 24 November 2019

in money •  3 months ago 

Welcome to this week's review.

Market activity has been muted this week, although I see MAPX tokens available at attractive prices. The main news this week is that we have finally stopped our last delegation-miner and are operating on our own SP. A big thank-you to @eturnerx for his support in this. This would normally be indicated by a dip in our token value, such a VVT, but our voting SP is significantly above the total amount of staked tokens that this metric has actually gone up this week. Indeed, it has also risen because our recent token sale prices have dropped a little. Overall, MAPX remains good value for money at its current price range and I hope to see more tokens being staked.

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 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... @cryptoyzzy

Winners of TRENDO tokens are... @melinda010100 and @bitandi

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 (6720 staked)
SP in @MAP10K = 9636
Mining SP = none
Other STEEM = 1153
Total STEEM = 10789
Total Income = 30.00
Fee = 3.00
Total STEEM carried down = 10786

MAPX ABV = 1.12 STEEM
MAPX VV/STEEM = 1.39
MAPX VV/Token = 1.20

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 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 7.32599438 TRDO & @onecent will get 4.88399625 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 @map10k! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You received more than 500 as payout for your posts. Your next target is to reach a total payout of 1000

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!

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

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 0.72195300 TRDO & @addax will get 0.48130200 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!

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.

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 @map10k, your post successfully recieved 8.04794738 TRDO from below listed TRENDO callers:

@onecent earned : 4.88399625 TRDO curation
@addax earned : 0.481302 TRDO curation


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