MAP Rewarder Free MAPX Token & Crypto News of the Day (MAPX Token, India) - 8 June 2019
MAP Rewarder distributes daily upvotes or SBIs or MAPXs to our delegators - these are bonuses on top of the weekly distribution of rewards. I think this has worked well and will continue until further notice.
To make these posts more interesting, I shall also post a quote, video or news item related to developments in the blockchain and cryptocurrency space.
To qualify, you must be a delegator to MAP Rewarder; more details at Delegating to MAP Rewarder: Benefits for Small SP Accounts.
There you can read about the whole philosophy behind the bonuses offered to delegators; larger delegators obviously receive higher weekly payouts in STEEM terms, but smaller delegators can receive far more in percentage terms.
Today is a special Free MAPX token give-away equal to 1 STEEM in value.
News of the Day
To widen potential readership for these posts, I shall be posting some interesting quotes related to blockchains, their history, philosophy and economics plus possibly some images and videos. Enjoy!
Today's news:
Any buying, selling or mining of cryptocurrencies will get offenders 10 years in prison, according to a recent proposal by Indian officials, entitled “Banning of Cryptocurrency and Regulation of Official Digital Currency Bill, 2019”. The legislation is designed to decimate the cryptocurrency industry in India by prohibiting the sale, purchase and issuance of cryptos such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and Litecoin (LTC).
If passed, the legislation will affect 18% of the world’s population.
[...]
The criminalization of cryptos would eliminate competition with the government’s own digital currency, the ‘Digital Rupee.’
New Plan Would Ban 18% of World’s Population From Buying Bitcoin and Send Crypto Users to Prison
Ahh, the stench of government control.
Launch of new MAPX token.
A bit different to the usual quotes, this is the launch of my new token, managed in a similar way to MAP Rewarder but with two distinct differences:
The key features that differentiate the MAPX token and MAP10K account from the existing MAP Rewarder project are the low entry cost and the increasing value due to compounding earnings.
New MAPX Token for Upvotes and Value Growth
I shall also be giving away random MAPX tokens during June.
10 bonus MAPX tokens are available, with 1 token each to the first 10 buyers - there are now just 5 free tokens left.
Today's Winner
Today's winner is: @otom
The winner will receive 1 MAPX token. In order to activate benefits, the winner should log into Steem-Engine and stake the new MAPX token.
Congratulations!
The best days to delegate are a Saturday or Sunday; one then receives a full weekly payout the following Monday and is entitled to all bonuses starting the day after delegation. Delegations on other days receive partial payouts at the end of the first week.
You may delegate to MAP Rewarder using these links:
[10 SP], [20 SP], [30 SP], 40 SP, 50 SP, 60 SP, 70 SP, 80 SP, 90 SP, 100 SP, 500 SP, 1,000 SP, 5,000 SP, 10,000 SP, Other.
Please note that the minimum delegation is now 40 SP. Any delegations below 40 SP will not be accepted.
This change took place on Monday 20 May 2019.
Note, we are moving up to a minimum of 50 SP. For lower amounts, please look at our new MAPX token.
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- -Please Comment, Resteem and Upvote. Thanks!
@rycharde manages the AAKOM project and the MAP Rewarder & Curators Trail.
Wow. Amazing what you shared about India. I hope it does not got through.
I was reading through your delegation service and it left me a bit confused. If delegate 500 SP, what will I receive in return, a daily up-vote at a certain percent?
Thank you in advance! -Dan
Hi, you get a weekly payout based on our income - has recently gone up to around 19% APR; last week 500 SP would have earnt 1.9 STEEM. Plus daily upvotes based on SP, currently variable around 0.3% plus random bonuses such as larger upvotes and, currently, promoting our new token MAPX.
MAPX is a fixed token fund capped at 10,000 tokens - 500SP would get a fixed 50% upvote and earnings are compounded so are added into the token price rather than paid out weekly.
Thank you so much for the information. At the moment I'm part of the @backscratcher support group. I need to keep my overall SP over 10k to receive a daily 20% upvote on about 550,000SP. That has worked out for me, I'll when I save up some more I'll consider delegating what you have going on.
AND I sincerely commend you on your efforts and accomplishments here. Been so good corresponding with you and thanks again from letting me know about my wasted votes all this time. I'll message the person running steemauto.