The TULIP Mania Game Round 3 News - Buybacks Continue - Day 26 of 28

in hive-177956 •  3 months ago 

Our income hits turbulence as daily buybacks continue.

Here are the basic figures:

Capital Fund: 959 STEEM
Current Fund: 1332 STEEM
Profit: +373 STEEM
Profit %: 38.9%
TULIP Tokens: 50,564
ABV: 2.62 STEEM cents

Buybacks: 374.00 STEEM
Buyback %: 28.1 %
Tokens Bought: 14,000

We are into our last 7 days and, as promised, have started distributing profits by buying back some TULIP tokens. Those tokens placed today shall remain there until sold - it is part of the game.

We have reached Day 26 of 28, and have inched up compared to yesterday. Our TULIP fund is STEEM denominated so that those income sources that extract value from the blockchain are not reliant on the external price of STEEM in USD. However, we have had a turbulent few weeks and some tokens are affected by the exchange price. This is not so much as a direct correlation, but more to do with confidence and the general market sentiment as to how well those tokens are doing in terms of tokenomics and activity.

These latter factors have affected some markets, and it is those that have needed to be marked down slightly. We still have two full days to go plus the final closing price is not set till the 29th day. Each player has his own strategy, but those tokens at 2.83 cents are starting to look tempting. There are a few pending sales that have not been added till those profits are realised; those will be sold at market if not before then.

And finally...

Some of you TULIP holders may have noticed that trendotokens are being given out again! This will be done on rolling cycle starting with the largest token holders. I trust you appreciate this extra income as it is also an income stream for the TULIP fund.

SteemCITY is bringing in a trickle of income, but it is a very new game with more features coming. Such features need to be analysed to see their effects on potential profits going forward.

As for the TRONification of STEEM, I am investigating Steem Reloaded.

Also, to avoid digging around for updates, worth following @pennsif for his daily Steem News aggregator.

If you haven't already, worth reading these two posts on Soft Fork 0.22.2 and Justin Sun's response.

Thanks for playing the TULIP Mania Game!


Disclaimer. We are not responsible for your actions. We are not responsible for the functioning of third party software. If the game needs to terminate early for any technical reason (HF21 springs to mind) then liquid funds will be distributed at the earliest possible opportunity on a pro rata basis or the game paused and restarted. Do not play with funds you cannot afford to lose.



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

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

!trendovoter
thanks

You post has been manually curated by BDvoter Team! To know more about us please visit our website or join our Discord.

Are you a Splinterlands player? If Yes, then checkout MonsterMarket.io. Get instant 3% cashback on every card purchase, and 2% cashback on every booster pack purchase on MonsterMarket.io. MonsterMarket has the highest revenue sharing in the space - 60% for cards and 40% for packs, no minimum spending is required. Join MonsterMarket Discord.

BDvoter Team

A member bonus $trendotoken tip and !trendovoter for @busbecq 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 @busbecq!
@busbecq will receive 4.04992913 TRDO & @maxuvv will get 2.69995275 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 @accelerator, 23.86% upvote has been shared with your successful call on the post that shared by @busbecq!


Support @trendotoken projects by delegating : 100SP , 200SP , 500SP , 1000SP , 2000SP

$trendovoter

Congratulations @busbecq, your post successfully recieved 4.04992913 TRDO from below listed TRENDO callers:

@maxuvv earned : 2.69995275 TRDO curation


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