TULIP Game Report - Game Over! - Cashing Out Progress - Profits 317% APR - Day 30 of 28

busbecq (60)in #game • 5 years ago

The first TULIP Mania Game is now over!

Yesterday we published our cashing out instructions. We notice that 87 accounts still hold a TULIP balance, so haven't as yet placed an order to sell their tokens.

There is a backlog to clear, as expected, and we shall do so as soon as we have liquid STEEMP. However, it is easy enough for a user to just sell at the closing price of 0.009346 and then wait for it to be processed.

The issue runs across all our tokens: market liquidity. Apart from people trading their tribe tokens and miners, there really isn't much else going on in the token market. Before HF21, this wasn't a serious issue as sales were going well and even if not spectacular, there was cash from one program that could help out another program.

It isn't a lack of assets or a lack of income, it's just a similar issue as waiting for the slow process of powering down. Anyway, as sales come in we will continue paying out the token sales waiting in the queue. Regarding this queue, we have no control over the order in which Steem Engine processes sales. We assume that for identical prices it is on a first come basis.

Another game will start in a few days after we complete cashing out, but before then we will start a new ADDAX game, so follow the @addax account for news of the start.

If you have any questions, read the text again first - then feel free to ask.

Thanks for playing!

@Busbecq

Building Steem's Fintech