MAPX Token Weekly Profit Statement & News - 8 December 2019

in money •  2 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.

One number I'd like to highlight is the VVT, the vote value per token, which now stands at 1.21 STEEM; the market price is currently lower than this, showing 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.

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... @theb0red1.

Winners of TRENDO tokens are... @mobi72 and @ecoinstats.

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 = 9740
Mining SP = none
Other STEEM = 1091
Total STEEM = 10831
Total Income = 23.40
Fee = 2.34
Total STEEM carried down = 10829

MAPX ABV = 1.13 STEEM
MAPX VV/STEEM = 1.38
MAPX VV/Token = 1.21

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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Thanks & Wish you a very lovely day ahead.

Congratulations @map10k! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You distributed more than 120000 upvotes. Your next target is to reach 125000 upvotes.

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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 modest tip of appreciation:
$trendotoken
Thanks!

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@map10k will receive 4.66942725 TRDO & @rycharde will get 3.11295150 TRDO curation in 3 Days from Post Created Date!

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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.

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@map10k will receive 4.12109775 TRDO & @maxuvv will get 2.74739850 TRDO curation in 3 Days from Post Created Date!

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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 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 4.21614113 TRDO & @mapxv will get 2.81076075 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 0.68635350 TRDO & @addax will get 0.45756900 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 5.29858463 TRDO & @busbecq will get 3.53238975 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.

!trendovoter
Thanks!

Congratulations @accelerator, 28.58% 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

Congratulations @map10k, your post successfully recieved 18.99160426 TRDO from below listed TRENDO callers:

@addax earned : 0.457569 TRDO curation
@rycharde earned : 3.1129515 TRDO curation
@maxuvv earned : 2.7473985 TRDO curation
@mapxv earned : 2.81076075 TRDO curation
@busbecq earned : 3.53238975 TRDO curation


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