TULIP Mania Game Round 2 Report - Day 4 of 15
Sales have moved along nicely, and I see some have already positioned themselves for profit-taking!
So let's look at today's numbers.
Token sales = 1679 STEEM
Fund value = 1704 STEEM
Fund paid out = 0
Current fund value = 1704
Fund value = 101.5% (This tracks our profit and should be over 100%)
Fund paid = 0.0% (This tracks the token buy-back payouts as a percentage of the Fund Value and will max at 100%)
ABV = 1.36 STEEM cents (indicative)
I have added the asset backed value this time, just as it still serves as a basis for the profit distribution price-points. This includes all existing tokens, so will always be a slight under-estimate, but as our barometer is the "fund paid out" value, adjustments can easily be made as the game progresses.
As this particular game has been heavily weighted towards the 1 cent tokens, no surprise to see the ABV below 2 cents. However, even 1.3 STEEM is still a 30% profit in just a few days.
As I said before, will start paying out on Day 5. As you can see, already have some profit, but not really enough to shout about yet. Post rewards will start to kick in soon; useful income although can be quite variable these days.
You may also notice that we are distributing TRENDO tokens as part of the game. With few players, some of you will see these daily, if I see a post. Only 10 such tips are available within a day, so if they run out you'll see a message saying so - better luck next time.
Any feedback appreciated.
[BUY MAXUV] - [READ MAXUV]
[BUY MAPR] - [READ MAP REWARDER]
[BUY MAPXV] - [READ MAPXV]
ONECENT: The First Strategic Token Investment Game (STIG)
Hi @busbecq, a small upvote and a tip from the ADDAX trading game! Round 3 coming soon.
$trendotoken
Congratulations @addax, you are successfuly trended the post that shared by @busbecq!
@busbecq will receive 0.84781800 TRDO & @addax will get 0.56521200 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 @busbecq, a modest tip of appreciation:
$trendotoken
Thanks!
Congratulations @rycharde, you are successfuly trended the post that shared by @busbecq!
@busbecq will receive 1.77028200 TRDO & @rycharde will get 1.18018800 TRDO curation in 3 Days from Post Created Date!
"Call TRDO, Your Comment Worth Something!"
To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site
Could you explain more how the payout/buy back will work? Thanks
As you've seen, in all other games so far the buybacks have been done at the very end at the closing price. This time, wanted to stimulate the market a bit more by doing the same buybacks once per day. These can, of course, be ignored, but those buybacks will remain on the market till the end.
It's such a relatively short game this time, just 15 days, that I thought worth the experiment. Also, the only initial feedback I got was positive, so here we are.
Got it, thanks!
!BEER
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BEER
.Hey @busbecq, here is a little bit of
BEER
for you. Enjoy it!$trendotoken
Congratulations @onecent, you are successfuly trended the post that shared by @busbecq!
@busbecq will receive 1.93005000 TRDO & @onecent will get 1.28670000 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 @busbecq, your post successfully recieved 4.54815 TRDO from below listed TRENDO callers:
To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site