ONECENT Report - Profits Update, News & Free Upvote

Firstly, the numbers: our total value is currently about 2462 STEEM (+3 STEEM), including 1925 STEEM within Steem Engine and a total of 16550 tokens in play. This gives ONECENT an ABV of about 14.87 STEEM cents (0.1487 STEEM), up on yesterday.

ONECENT News

Notice that the tokens in play number has dropped quite a lot recently. This is due to tokens being bought back from members. I shall keep those buybacks going for anybody who wishes to cash-out now. As there remains some risk in some tokens held, this price is slightly below our current ABV.

Thus, although you may see the fund value drop this is not due to any losses but just that some tokens have been bought back and hence some money has gone out. Notice that the ABV has gone UP! This is the same as recent days and seems to be working well, and will lessen the pressure during the cashing-out week.

Today there were no ONECENT token buybacks, so the fund value has gone up slightly.

I have now started to unstake some of the TRDO tokens, so players will see slowly decreasing token rewards. This is so I can convert the funds into liquid steem ready for payouts at the end of the month. This has already started and we may see a nice profit on these sales.

I have also started undelegating the small amounts we have. They have been useful in generating some extra MAPR and TRENDO tokens, but at some point I also need to power down that SP.

Looking at the calendar, Day 200 will be on 31st January 2020 - assuming no unexpected downtime. So the final price will be set on the following day, 1st February.

All going well and approaching harbour!

Have a fine day!

Crypto News

Cryptocurrencies Remain Niche but Interest in Central Bank Digital Currencies is Soaring

I have said for a long time that this would be the next step. Niche players then also need their own very well defined niche use.

Ether (ETH) Is the Highest Correlated Asset in Crypto, Binance Research Finds

What does that mean? Correlated to what?
Oh, correlated with the crypto market overall!
In fund management this can be important if you seek to diversify a portfolio with assets that are uncorrelated.

No, gold bug Peter Schiff’s Bitcoin wallet did not “corrupt”

“I tired logging back in using my pin, which was the only ‘password’ I had ever known or used. I also never had a copy of my seed phrase.
Facepalm! But also a lesson that venturing into new territory means reading the map - before setting off.

Goldman Sachs and BlackRock Reportedly Seeking Majority Stakes in China’s Biggest Banks Backing Blockchain Technology

Token Metrics - Making Crypto Investing Easier | Crypto Investment Research Platform
Slightly plodding video, but the tokenmetrics.com website may be interesting.

Blockchain, IoT to Manage Climate Change
mmm... carbon dioxide is not a pollutant.
Carbon dioxide is not what causes lung diseases in smog-infested cities and agri-hazard landscapes.
What IoT will manage is you!

Crypto's 101 stupidest moments of 2019: October—December

ONECENT Freebies

From Day 190 onwards, as promised, these bonuses will now be used to inform ONECENT token-holders that the game is nearly over and to be ready to cash out their profits.

So, instead of having a few winners, these comments, upvotes and tokens will be cycled through all existing users. This will continue until all users have sold their tokens to realise the profits made through ONECENT. This will continue into the cashing-out week after the fund has defined its final price.

As this is being done manually, you may receive an upvote even after you've sold your tokens. The upvoter will be updated daily, so you will eventually be taken off the list.

Thanks for playing ONECENT!

Building Steem's Fintech