Ever wanted to know when you're mentioned by another user on Steem? Mentionator is a brand new feature
Hey everyone, @sid9 here with an update on the BUILDTEAM token supply and everything that's been going on in the…
Arhg, I blew 50 Steem through a transaction with a bot confusing memo.
9 days ago by prime-cleric 52 in minnow
I am truly thankful to the team for helping me out with the noobie mistake of mine that I made in a…
Hey there, @sid9999 here with the latest update on MinnowBoosterparamaters. As you have probably noticed, voting…
MinnowBooster Tutorial #1: Delegating SP to MinnowBooster
Hey there, @sid9 here with the first in a series of tutorials teaching you how to get the most out of…
MinnowBooster: Emergency Announcement - Hungry Minnows need your help
Hey there, @sid9 here with @sid9999 emergency announcement - more than 50 hungry minnows need your help…
Did you just arrive at Steemit or have been here for some time? Would you like to send your voting power to the…
Hey there, @reggaemuffin here speaking for @minnowbooster with our next update post. If you missed our intro, read…
$248.38
586 38
Minnowbooster Update Log #14
21 days ago by minnowbooster 63 in minnowbooster
Hey there, @reggaemuffin here speaking for @minnowbooster with our next update post. If you missed our intro, read…
$247.11
532 41
Resteemed
BuildTeam Bidding Announcement
23 days ago by buildteam 59 in buildteam
UPDATE: bidding is now officially open. Good luck everyone, and may the odds be ever in your favor! This…
$300.10
541 43
Minnowbooster Update Log #13
23 days ago by minnowbooster 63 in minnowbooster
Hey there, @reggaemuffin here speaking for @minnowbooster with our next update post. If you missed our intro, read…
$212.17
478 37
••••
Resteemed
[Pre-ANN] The BuildTeam Bidding Process (Tutorial)
24 days ago by buildteam 59 in buildteam
In this article we will explain how the upcoming BuildTeam bidding process will work and how you can physically…
$153.38
3471 45
Resteemed
my promised Design for @minnowbooster - the first results
24 days ago by oendertuerk 59 in minnowbooster
Actually I should have design something for @minnowbooster already 1 month ago but I was sanitary. Because I am now…
$31.82
56 14
Minnowbooster Update Log #12
24 days ago by minnowbooster 63 in minnowbooster
Hey there, @reggaemuffin here speaking for @minnowbooster with our next update post. If you missed our intro, read…
$222.36
456 32
Minnowbooster Update Log #11
25 days ago by minnowbooster 63 in minnowbooster
Hey there, @reggaemuffin here speaking for @minnowbooster with our next update post. If you missed our intro, read…
$230.30
3698 43
Minnowbooster Update Log #10
25 days ago by minnowbooster 63 in minnowbooster
Hey there, @reggaemuffin here speaking for @minnowbooster with our next update post. If you missed our intro, read…
$247.90
3476 50
Resteemed
Three largest holders of BUILDTEAM agree not to outbid other participants in first auction
26 days ago by bulleth 61 in cryptocurrency
Hi everyone, I've got some great news for those of you who have already bought some BUILDTEAM tokens or are thinking…
$58.62
73 25
Introducing MinnowBooster (Beta)
29 days ago by minnowbooster 63 in minnowbooster
notice: This is a repost to link users to up to date infos as the original post cannot be edited anymore... Visit…
$206.99
3043 118
Minnowbooster Update Log #9
29 days ago by minnowbooster 63 in minnowbooster
Hey there, @reggaemuffin here speaking for @minnowbooster with our next update post. If you missed our intro, read…
$199.85
3578 68
Minnowbooster Update Log #8
last month by minnowbooster 63 in minnowbooster
Hey there, @reggaemuffin here speaking for @minnowbooster with our next update post. If you missed our intro, read…
$197.84
3153 79
Back
••
BUILDTEAM Token Update
6 days ago
buildteam59 in buildteam
Hey everyone, @bulleth here with an update on the BUILDTEAM token supply and everything that's been going on in the market!
First auction recap
The first auction was a huge success, with early adopters doubling their investment in a just a matter of days. We received bids from 20 different people and each participant ended up receiving 1.73 STEEM per token:
Total Pot = 2100 STEEM
Bids Received = 1214 BUILDTEAM
1 BUILDTEAM = 1.73 STEEM
Participants = 20
Average Bid = 59.7 BUILDTEAM
Max Bid = 147 BUILDTEAM
New issue and token supply
As 1214 tokens were bid in the last auction, only 3786 new tokens will be issued in August.
2000 new tokens were issued on August 15, bringing total supply to 19 000. Another 1786 tokens will be issued on August 31, which will bring total supply at the next auction to 20 786.
Of the 19 000 tokens that currently exist, 13 859 are held by directors and company accounts that are unable to participate in the monthly auctions. Of those 13 859 tokens, only 1493 tokens are currently available to purchase on the open market.
State of the market
BUILDTEAM last traded at 12 BTS ($1.48), down from a record of high of 18.46 BTS earlier in the week (over $3 at the time). There are currently 2348 tokens available for purchase on the open market, with the lowest ask sitting at 11.99 BTS. The highest bid is currently 11 BTS, with buy orders totaling 3377 BTS.
The three largest holders of BUILDTEAM who are eligible to participate in the next auction are:
prosirius101 (1090)
bull-eth (604)
netuoso-42 (545)
Get in quick!
The next pot will be announced on September 3 and rumours abound that it will be even bigger this time, with more than 3000 STEEM up for grabs. Considering BUILDTEAM was trading at 15 BTS at the last auction, with a pot of only 2100 STEEM, in my opinion these tokens are incredibly cheap right now. There are currently more than 350 tokens available between 11.99 and 15.
As BuildTeam staff are paid on the 1st and 15th of each month, mid-month will likely continue to provide opportunities to pick up tokens at a discount. Don't expect them to stay cheap for ever though, when the last pot was announced, price doubled in 48 hours:
So if you are looking to get your hands on some BUILDTEAM for the next auction ... you better get in quick while they're still cheap!
How do I buy BUILDTEAM tokens?
Tokens can be purchased on the OpenLedger - https://bitshares.openledger.info/?r=buildteam
If you already have an OpenLedger account, use this link to go directly to the exchange pair:
https://openledger.io/market/BUILDTEAM_BTS
How do I participate in the monthly BUILDTEAM auction?
We recommend reading the following posts to understand BUILDTEAM better and participate in bidding:
https://steemit.com/buildteam/@buildteam/pre-ann-the-buildteam-bidding-process-tutorial
https://steemit.com/buildteam/@buildteam/buildteam-bidding-announcement
What determines the price of BUILDTEAM tokens?
Like all exchange traded assets, buyers and sellers determine the price of BUILDTEAM tokens. Current supply and the size of the monthly profit pot are the primary fundamental drivers.