The CTPSB project is 3 months old

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(Edited)

▶️ Watch on 3Speak

I hope you all had a very nice end of the year celebration and I welcome you with a first post in 2021.

Today we also celebrate the 3 months anniversary of the emission of the ctpsb token. In these 3 months we saw an amazing growth of this project.

The token value has evolved from 1.017 Hive to 1.193 Hive, which represents an increase of 17% or calculated for a whole year an APR of 66.9%.

The @ctpsb account has grown in the same period of time from 23'100 to 54'135 Hive Power. This has been done through delegations and also through the increase of the own Hive Power from 7076 to 11574.

The challenge for 2021

With the amazing growth in delegations that we have received, the biggest challenge for the project will be to generate enough dividends for the delegators. The dividends are generated through curation rewards from Hive-Engine tokens. 50% of these curation rewards are powered up and used to increase our stakes in these tokens. This will allow us to continually grow the dividends for our delegators.

We will also try to build new income streams using the liquid rewards from our posts. The first project that we started was to create a town in dcity that is already paying about 1 Hive per day.

4 ways how this project helps you

  1. Your ctpsb tokens are taking on value constantly and for me they are always to most prominent position in my hive-engine wallet.

  2. You will get dividends once every week in CTP tokens for delegating Hive Power to the @ctpsb account.

  3. The people in the CTP community get upvoted by the @ctpsb account which votes with more than 50'000 Hive Power. This has a direct effect which makes you earn more Hive and Hive-Engine tokens but it also has a multiplicator effect. It helps the whole community to grow and to increase their Hive Power. This means that all your friends here are getting more powerful and their votes are getting more important. So when they vote on your posts, you will feel the difference.

  4. To pay the dividends to the delegators, every week the account buys CTP tokens on the market. In addition to that @jongolson, the biggest delegator to the project, burns a part or all his dividends. This means that this will have a very positive effect on the value of the CTP token.

I believe all this is reason enough to support this project. We all profit from it ;-)

Learn more about the CTP Swarm Booster:

▶️ 3Speak

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22 comments
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Congratulations @ctpsb! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You distributed more than 3000 upvotes. Your next target is to reach 4000 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @hivebuzz:

Happy New Year - Project Activity Update
First Hive Power Up Day of 2021 - Get a Hive Power delegation
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It is so exciting to see how far the @ctpsb account has grown these past three months. It is a testament to the strength and togetherness of the CTP community. Thank you so much for creating and managing this account. It would not be where it is today without all of your diligence and hard work. You are awesome!

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Thanks a lot for your kind words and your continous support for this project!

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Awesome stuff man...Let's see what we can do for this token and project in 2021....Very exciting stuff!

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I'm very optimistic to make this project grow also in 2021. Especially with everything that is planned for CTP ;-)

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Happy New Year to all CTPSB token owners!

This project is still very young, but the results are already astonishing! Great job, Achim, and good job to all the CTP Swarm community!

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Happy New Year to you too! Let's continue to make this project grow :-)

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Still sad loosing out on the opportunity to swap ctp token for this. Anyways, it's been an amazing journey

Posted Using LeoFinance Beta

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Thanks for your comment!

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Congratulations @ctpsb! You received a personal badge!

You powered-up at least 50 HP on Hive Power Up Day! This entitles you to a level 2 badge
Participate in the next Power Up Day and try to power-up more HIVE to get a bigger Power-Bee.
May the Hive Power be with you!

You can view your badges on your board and compare yourself to others in the Ranking

Do not miss the last post from @hivebuzz:

Happy New Year - Project Activity Update
First Hive Power Up Day of 2021 - Get a Hive Power delegation
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Happy new year dear..
The growth is impressive...

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Happy New Year to you too!

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That's the reason that I am converting my part of HP to ctpsb and do little delegation so that community is also get benefitted.

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That's the reason that I am converting my part of HP to ctpsb and do little delegation so that community is also get benefitted.

Thanks a lot for your amazing support to this project. It's great to have you onboard :-)

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Awesome growth. Congrats on making it 3 months and this is just the beginning.
I have given a little support through delegation today and want to be part of this awesome Jounrey. Thanks

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I just saw your delegation! Thanks a lot. You will get dividends in the form of CTP tokens once a week. Great to have you onboard!

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So much fun to be involved in projects from the beginning and grow with them!

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Thanks a lot for being a part of this :-)

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