MAXUV Weekly Statement & News - TRON - 16 February 2020 [MAP Steem FinTech]
Welcome to our weekly MAXUV account statement.
We continue to increase our SP base and have seen a few sales this week. Indeed, we had managed to get the price back to our standard 1 STEEM per MAXUV token when the TRON takeover of Steemit Inc was announced.
In the short term, it appears that Justin Sun wishes that Steem proceeds with the planned new features of hive-communities and SMTs. In the medium term, Sun already stated his goal of turning STEEM into a TRON-backed token. The extreme negative reaction from Steemians led him to back off from this - for now.
However, he is primarily a businessman and obviously wishes to transfer the value he has just paid for from STEEM-holders to TRON-holders. In the longer term, he genuinely wishes for Steemit to become a social media hub. To achieve this, he wants the community to grow from its current base; I don't think it would look good if the Tronnies (what can you call them?) moving in meet the Steemians streaming out. Thus, his financial plan will wait till any resistance becomes futile. There is time to prepare for the future, but not much.
In other news, MAXUV has also been given as prizes in the Nonsense Writing Contest. Again, well done and welcome to MAXUV!
MAXUV was designed to continue the tradition set by MAPR of helping users make some extra money from their stake in STEEM. The new reward curve makes this even more pressing, and yet we have seen sluggish growth. I shall need to rethink - once again - how to best brand MAXUV. This sudden process of Tronification will focus the mind.
I shall be publishing a conceptual update as soon as possible.
The MAPR fund will be 2 years old at the start of February. We've been making money for Steemians for a long time.
Enjoy the New Year!
Here are our weekly prizes.
Winner of double upvotes and TRENDO tokens is... @shadowspub !
Winners of TRENDO tokens is... @tiamaria and @bluefinstudios !
Prizes last for 10 days and TRENDO tips are subject to availability.
The MAXUV headline figures are:
MAXUV tokens active = 10,610 SP in MAXUV = 9,015 Voting SP = 24,075 Other STEEM = 950 Total STEEM = 9965
MAXUV ABV = 0.94 STEEM MAXUV-meter = 110.0% (of 1 million SP)
Note that "Other STEEM" is the sum of all holdings not powered up as SP: liquid STEEM and SBD plus holdings within Steem Engine. Also note that such 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 @MAXUV account.
The Asset Backed Value (ABV) is our total holdings calculated in STEEM divided by the number of active MAXUV tokens.
Target value for MAXUV-meter is 100% in 1 upvote per day, proportional to your token holdings as if delivered by 1 million SP.
Full details of how the MAXUV token operates can be found at our launch document.
Any questions, please ask in the comments below or in our public chatroom.
Building Steem's Fintech
[BUY MAXUV] - [READ MAXUV]
[BUY MAPR] - [READ MAP REWARDER]
[BUY MAPXV] - [READ MAPXV]
Plus Some Serious Funtech
ONECENT: The First Strategic Token Investment Game (STIG)
