The TULIP Mania Game Round 3 News - Token Buybacks Start Tomorrow - Day 21 of 28

in Archonlast year

Our income continues to rise!

Here are the basic figures:

Capital Fund: 959 STEEM
Current Fund: 1254 STEEM
Profit: +295 STEEM
Profit %: 30.7%
TULIP Tokens: 50,564
ABV: 2.48 STEEM cents

Yesterday was the last day for which we issued new TULIP tokens at the ABV. That also means this is the last adjustment to the Capital Fund and Tokens on the market.

From tomorrow, we shall start to buy back tokens at the day's ABV. The Capital Fund shall remain fixed but the Tokens may start to decrease. This could, depending on profits, accelerate the increase in the percentage profits and ABV.

The aim is to buy back about 10% of the profits each day, with the rest bought back at the closing price. To make the game theory more interesting, such tokens will remain on the market until bought. A reminder that we are using a cash-basis for our accounting; this means it is possible to be left with tokens at the end. As we can see, some players are carrying tokens from previous games.

We shall see how this goes.

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 some useful income, but it is still 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.

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.



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ONECENT: The First Strategic Token Investment Game (STIG)

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A member bonus $trendotoken tip, and !trendovoter, for @busbecq from MAPXV! These bonuses are for members, selected at random, and last for a few days.
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Hi @busbecq, a modest tip of appreciation:
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A member bonus $trendotoken tip and !trendovoter for @busbecq from MAXUV!
Also consider our MAPR fund and MAPXV vote bonds too.
MAP Steem Fintech: growing your STEEM without SP.
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$trendotoken
thanks!

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Hi @busbecq, a small upvote and a tip from the ADDAX trading game! Round 2 has closed - Round 3 to start soon.
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Congratulations @busbecq! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You published more than 90 posts. Your next target is to reach 100 posts.

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To support your work, I also upvoted your post!

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

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@addax earned : 0.40570875 TRDO curation


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