MAPXV was only launched on Wednesday, so the numbers below give a snapshot of just a few days; for example, rewards have not yet started coming through. The highlight is the number of delegation-miners who are supporting MAPXV at this early stage.
Our major holdings in "Other STEEM" are in MAPR and MAPX. The MAPX holdings will bring in some decent votes and the holdings in MAPR bring some good capital profits. I shall, of course, scale up our Steem Power, but at the moment our upvotes are supported by some high delegations.
Many people have asked me about the price of MAPXV tokens. I wrote at length in our launch post about this and at the barest minimum it should be at 1.6 STEEM, and on average about 4 STEEM. Now, MAPX gave away many free tokens as it was the first of its kind and needed to promote itself; one consequence was that the ABV remained stubbornly below par. Having done that, I see no good reason to be so generous with MAPXV. Indeed, buying these tokens at the current market price is a bargain! If you disagree with this strategy, then I am willing to read your argument, but it will have to be a very good one!
Next week will see some rewards coming in and hopefully a few more sales. Those existing token-holders should be glad that the VP remains high during this period.
Before the data, a reminder that our new TULIP token and game has been launched and is most likely to start on Thursday 8th August. Plenty of free TULIPs currently available in contests, just look at recent posts.
The headline figures are:
MAPXV tokens active = 1893
SP in @MAPXV = 660
Mining SP = 13,400
Other STEEM = 1249
Total STEEM = 1909
Total Rewards = n/a
Fee = n/a
Total STEEM carried down = 1909
MAPXV ABV = 1.009 STEEM
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, MAPX, 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 @MAPXV account.
The Asset Backed Value (ABV) is our total holdings calculated in STEEM divided by the number of active MAPXV tokens, whether staked or unstaked. Given that MAPXV token holders are getting 8 times the equivalent daily upvotes per STEEM, and adjusting for a variable VP, I shall leave it to the investor to calculate a market price for MAPXV tokens.
[BUY MAPR] - [READ MAP REWARDER]
[BUY MAPXV] - [READ MAPXV]
ONECENT: The First Strategic Token Investment Game (STIG)
