MAPX Token Weekly Profit Statement & News - 16 February 2020 [MAP Steem FinTech]

in SteemLeo8 months ago

Welcome to this week's review.

This week was going to be a bit more sedate after our nice UFM Lotto win. Little did I know that we were going to get Tronned!

Not much to add to the current speculation, except to take note of what comes out directly from either Justin Sun or the Tron Foundation. For the moment, the only things Sun has said is to carry on with the development of Steemit communities and SMTs. However, the thing that has caused the most stir is the aim of converting STEEM coins into a STEEM-TRON token; also the idea that Steem could run on the Tron blockchain. There are no details or timeframe for this as yet, and the idea has received such a negative reaction from Steemians that Sun appeared to kick this particular can down the road - but not out of the ground.

We now have a new voter working for MAPX, and I hope that nobody has noticed! One thing that is a bit fiddly is changing the votes from a single to a double vote, so we shall stop giving out bonus double upvotes. Instead, we shall have an extra member prize of TRENDO token comments.

Note that the TULIP Mania Game has restarted!

Also, MAXUV tokens being given as prizes in this Third 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:

Winners of TRENDO tokens are... @cryptopie and @shanghaipreneur and @forykw.

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 to be safe.


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 (7860 staked)
SP in @MAP10K = 10,115
Mining SP = none
Other STEEM = 1056
Total STEEM = 11171
Total Income = 87.2
Fee = 8.72
Total STEEM carried down = 11163

MAPX ABV = 1.16 STEEM
MAPX VV/STEEM = 1.17
MAPX VV/Token = 0.98

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

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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 6.20057025 TRDO & @rycharde will get 4.13371350 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 @rycharde, 4.88% 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 4.06056037 TRDO & @maxuvv will get 2.70704025 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 and !trendovoter to you from @Busbecq.
Thanks for playing the new TULIP Mania Game Round 3.
Also consider our MAPR fund and MAXUV vote bonds too.
MAP Steem Fintech: growing your STEEM without SP.

Congratulations @busbecq, you successfuly trended the post shared by @map10k!
@map10k will receive 5.30678588 TRDO & @busbecq will get 3.53785725 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 0.61448625 TRDO & @addax will get 0.40965750 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 0.21350588 TRDO & @theb0red1 will get 0.14233725 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 21.90760426 TRDO from below listed TRENDO callers:

@rycharde earned : 4.1337135 TRDO curation
@maxuvv earned : 2.70704025 TRDO curation
@mapxv earned : 3.67446375 TRDO curation
@busbecq earned : 3.53785725 TRDO curation
@addax earned : 0.4096575 TRDO curation
@theb0red1 earned : 0.14233725 TRDO curation


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

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