A brief mid-week communication to current and future MAPX members.
Sales are very slow, although there has been a slight up-tick in staked MAPX tokens. We have also been able to increase our SP a little, meaning that every MAPX stake-holder is getting better votes.
Assuming you're not powering down and selling out, holding onto assets that are not working for you is potentially the worst of all possible strategies. Earning from posts and from passive income, is as good now in STEEM as it will ever be under our new economic model. Sure, it doesn't look great in Dollars now, but this is accumulating when the price is low to reap greater benefits in the future. Just waiting for the price to rise means you've accumulated nothing, except what you already hold.
Also, holding SP means there is no way to suddenly sell if and when you need it. The developing token market now has numerous options to "park" one's STEEM, earn extra money and also have the liquidity necessary to sell some time in the future if you need to. MAPR is a great example of a token that is both stable and rising, and backed by real STEEM and SP assets. None of this stops you from posting and earning author rewards as those votes depend on other users, but I feel that banking some of my SP into liquid assets is a prudent move.
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.
The "token" is you, or rather, your metadata.
BTW this is also one of three DARPA research areas.
A small plug for our big brother, MAXUV!
OK, time for some prizes!
Today's first winner is... @mariluna.
You get an upgrade to 2 votes per day for 10 days plus future TRENDO tips.
Our second winner is... @fantasycrypto, who gets TRENDO tips for 10 days.
Enjoy your day!
We have opened up a former MAP channel on Discord for anyone seeking advice or more information regarding any MAP FinTech program. You can find us here.
ONECENT: The First Strategic Token Investment Game (STIG)