The Swarm Booster - A Community Token Project

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Links

Blog on Peakd.com
Market on Hive-Engine
Token Holders
Blockexplorer of the account

How to earn money with CTPSB NFT'S

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How you can earn with CTPSB

Buy CTPSB tokens and profit from an outstanding performance

The CTPSB token has an underlying asset which is the @ctpsb account. If you buy CTPSB tokens, you own a part of the Hive Power of this account and your investment is used to power up the account. The value of the token is directly linked to the Hive Power of the account which is calculated as follows:

CTPSB value = Hive Power of the @ctpsb account / number of CTPSB tokens in circulation

New tokens are emitted always at token value and therefore the emission of new tokens doesn't dilute the value for the existing token holders.

The earnings of the account increase the token value

The account grows thanks to curation rewards, author rewards (about 1 weekly post) and also beneficiary rewards. The curation rewards are leveraged by the delegations to the account and therefore a return above average can be reached.

A market maker adapts regularly buy and sell order to be centred around the token value.

FAQ

Who gets upvoted?
The project follows the upvote trail of the liotes voter who is curating content manually. CTPSB therefore rewards quality content that is worth reading.

Who ownes the @ctpsb account?
The ownership is defined by who is holding the CTPSB tokens that can be traded on Hive-Engine

How is the value of the token defined?
The value of the token is defined by the Hive Power of the account divided by the number of CTPSB tokens in circulation.

How was the project started?
During the month of September 2020, people had the possibility to send tokens directly via wallet transfer or indirectly by giving delegations or by setting the @ctpsb account as beneficiary. For every Hive contributed, at the end of the month they got 1 CTPSB token. After 1st October 2020, the token can only be available over the Hive-Engine market.

Why does the token gain in value?
By upvoting posts, the account generates curation rewards. There are also some posts that are written to report about the development of the project. All the rewards earned like that are staked and this increases the value of the token.

Are there more tokens emitted?
There is a market maker that places every week new buy and sell orders according to the value of the token. When this market maker runs out of tokens, he has the possiblity to buy them from the @ctpsb account who emits new tokens. The market maker can buy them at the value price of the moment. Like that such transactions won't dillute the value of the token. The maximum supply of the token is 1 million pieces.

How is it possible to sell the token?
On Hive-Engine market, it's possible to buy and sell the token at any time. The market maker will set some buy and sell orders every week around the token value of the moment. If the market maker runs out of liquidity, he has the possibility to sell some tokens back to the @ctpsb account. These transaction will always be at token value. When a post is written by the @ctpsb account, the liquid author rewards will go into a pot that is dedicated to the buying back of tokens when the market maker runs out of liquidity.