ONECENT Daily Report - Fund Adjustment and a Rant - Day 14

Firstly, the numbers: our total STEEM value is currently about 1390 STEEM, including 230 STEEM within Steem Engine and a total of 15203 tokens in play. This gives ONECENT an ABV of about 9.14 cents.

Now, those of you who actually read these daily posts may be puzzled as to how those numbers have magically appeared! Well, slightly embarrassing, in that I underestimated the effect of the starting tokens given to the management account. Luckily I spotted this early and the solution is to let those tokens buy into the game at the current price. This was easily fixed by paying 200 MAPR tokens into the ONECENT game. Thus the game ABV is kept constant without having to burn all those tokens.

One aspect of Steem Engine that is puzzling and frustrating is trying to figure out precisely who owns what - including what I myself own! I mean, do you know the total value of all your token holdings at a glance? You may also have noticed that the numbers that appear, for example, on the ONECENT richlist are not what each person actually owns. If you place some tokens for sale, they are deducted from your total, even before selling them. The only way to know what you really own is to look at each token market page and scroll down to see if you have any open SELL orders. The alternative is to use some of the scripts now available to query the Steem Engine API. The only numbers that can be believed are staked tokens, as they cannot be put on sale without first unstaking them.

And another thing... why show prices in $ and then trade in STEEM? The red and green colours to indicate a falling or rising price are also based on the Dollar value, so that a token could actually be rising in STEEM terms - which is the trading currency - yet if STEEM itself is falling then the token's Dollar value is in red. I know, there's a new version in the works - rant over.

However, there is a serious point and it goes back to some of the early posts about averaging your ONECENT holdings and knowing precisely your target sale price. The DEX itself does not do that for you as yet, so you have to do it yourself with at least a spreadsheet.

To more cheery matters: a random upvote!

Although ONECENT is not in any way an upvote service, it struck me as a nice addition to the game to give some random upvotes. I shall give one 10% vote per day to a random account that appears on the first page of the transactions list on the Steem Engine Block Explorer.

That random player will also be added to our automatic-voter. The upvotes won't be so high as to make them significant compared to the ONECENT token price.

So, our second winner is... @quantumdeveloper!

Was hard going trying to find someone who posts! And nice to see Schrodinger's equation grace the pages of Steemit.

Congratulations!

I hope you find the game interesting. Please post any questions or, better still, if you write any articles on the ONECENT experience, feel free to post a link in a comment.

Till tomorrow!

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Please Comment, Resteem and Upvote. Thanks!

@rycharde manages the MAP Rewarder high income program and MAPX Token.

ONECENT: The First Strategic Token Investment Game (STIG)