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ADDAX Trading Game Round 2 Report - Day 1 by addax

View this thread on: hive.blogpeakd.comecency.com
· @addax ·
$4.25
ADDAX Trading Game Round 2 Report - Day 1
This is a very quick post just to issue some market guidance to new players, and those waiting to buy in.

<center>https://i.imgur.com/8Hdodxf.jpg</center>

I shall write a longer post in a few hours, as there are interesting issues regarding the Dutch auction on the DEX as well as the moving-average ABV for this distribution.

However, for now, the key data:

ADDAX fund value = 988 STEEM
Tokens in play = 14,935
ABV estimate = 6.62 STEEM cents (0.0662 STEEM)

Given that there are some free tokens, this is a very good start. Would be nice to see this push up to around 20 cents, but we can live with a fund of just under 1,000 STEEM.

It is always a judgment call as to how "expensive" to make each game, but this has gone well so far, with a lot of early bidders and some significant later buyers.

A longer post coming up later.

---

---

<center>**Building Steem's Fintech**</center>


<center>https://i.imgur.com/nmPqcIV.png


[[BUY MAXUV](https://steem-engine.com/?p=market&t=MAXUV)] - [[READ MAXUV](https://steemit.com/@maxuv)]</center>


<center>https://i.imgur.com/7HWN31y.jpg

[[BUY MAPR](https://steem-engine.com/?p=market&t=MAPR)] - [[READ MAP REWARDER](https://steemit.com/@accelerator)]</center>


<center>https://i.imgur.com/RTjV3DP.jpg

[[BUY MAPXV](https://steem-engine.com/?p=market&t=MAPXV)] - [[READ MAPXV](https://steemit.com/@mapxv)]</center>


<center>https://i.imgur.com/5DC5Tvs.jpg

[[BUY MAPX](https://steem-engine.com/?p=market&t=MAPX)] - [[READ MAPX](https://steemit.com/@map10k)]

<center>**Plus Some Serious Funtech**</center>


<center>

![](https://i.imgur.com/Oncj2FH.jpg)

[ONECENT](https://steemit.com/@onecent): The First Strategic Token Investment Game (STIG)

![](https://i.imgur.com/8Hdodxf.jpg)

[ADDAX](https://steemit.com/@addax)

![](https://i.imgur.com/9vqyH6T.jpg)

[TULIP MANIA](https://steemit.com/@busbecq)

</center>
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vote details (55)
@bluerobo ·
Indeed. An exciting start

Posted using [Partiko Android](https://partiko.app/referral/bluerobo)
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@addax ·
Cheers! This has also given me a splendid new idea for a TULIP restart. ;-)
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@bluerobo ·
Just hold on to it for approximately 27 days at least? ;)

Posted using [Partiko Android](https://partiko.app/referral/bluerobo)
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@monsterstamer ·
Hi.
After reading I still don't understand what is it?
What's the cost of it - what does this token support? product/service - what?

even DRAMA and BEER have their own interesting use.
But what in this one?
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@addax ·
The token *is* the game.
Players trade against each other and around the published ABV of the token fund.
At the end, the final closing ABV is published, the game stops, and all players can cash out their tokens at that price. Round 1 made over 25% profit in 28 days.
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