TULIP Mania Game Round 2 Report - Day 14 of 15

avatar

I hope everyone is enjoying this... and keeping track of progress!

So let's look at today's numbers.

Token sales = 1679 STEEM
Fund value = 1850 STEEM
Fund paid out = 1124
Current fund value = 726

Fund value = 110.2% (This tracks our profit and should be over 100%)
Fund paid = 60.8% (This tracks the token buy-back payouts as a percentage of the Fund Value and will max at 100%)

ABV = 1.48 STEEM cents (indicative)

Today have placed 20,000 TULIP tokens on the market with a buyback price of 1.48 STEEM cents.

Please read this post regarding the buybacks and cash basis used in this particular TULIP Mania Game.

I do hope players are reading these posts. Given the changed rules, if you experience "surprise" then read back these daily posts.

Just a couple of days left, so we shall see what the final prices will be.

As so many 1-cent tokens were sold at the start, worth a reminder that even at 1.48 cents, that's a 48% profit in 14 days!

Remember that there also some prizes to be given at the end, so that's very much a tactical judgment call as to whether the prizes are worth more, or less, than the tokens. It does mean that 30 STEEM will be set aside at the end.

The last full day is Saturday 2 November. The day after that, I will post the last batch of tokens. Running a few potential outcomes, that final payout may have higher priced tokens but worth issuing a small warning that pending post payouts appear to be on the low side.

Any feedback appreciated.



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



0
0
0.000
17 comments
avatar

A member bonus $trendotoken tip for @busbecq from MAXUV!
Also consider our MAPR fund and MAPXV vote bonds too.
MAP Steem Fintech: growing your STEEM without SP.

0
0
0.000
avatar

Hi @busbecq, a small upvote and a tip from the ADDAX trading game! Round 2 has closed - please sell your tokens asap if you still hold some.
$trendotoken

0
0
0.000
avatar

A bonus $trendotoken tip from ONECENT!
Also consider MAPR fund and MAXUV vote bonds too.
MAP Steem FinTech: growing your STEEM without SP.

0
0
0.000
avatar

A member bonus $trendotoken tip for @busbecq from MAPXV!
Also consider our MAPR fund and MAXUV vote bonds too.
MAP Steem Fintech: growing your STEEM without SP.

0
0
0.000
avatar

Hi @busbecq, a modest tip of appreciation:
$trendotoken
Thanks!

0
0
0.000
avatar

That was an interesting short-term game and look forward to the next one.

I bought 100 tokens for 1 steem. I sold back 50 for 1 STEEM and am waiting to see what the final price is.

I look forward to playing again, and playing with (slightly) larger numbers.

Thanks again and I invite you to use the Marlians tag - they like games there too.

0
0
0.000
avatar

Congratulations @busbecq! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You received more than 3000 upvotes. Your next target is to reach 4000 upvotes.

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Vote for @Steemitboard as a witness to get one more award and increased upvotes!
0
0
0.000