CETO Review [Crystal Elephant Token]

in ceto •  4 years ago  (edited)

CETO

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Currently this platform is known for its transaction speed and agile CEO. Specifically, this platform is capable of performing 2000 transactions per second. This performance puts TRX on par with major payment processors such as PayPal. Best of all, TRON has no transaction fees.

Tron, as one of the most soaring cryptos, it has excellent potential to grow in the market. Tron was ranked 56th a few months ago, but has now secured 13th place according to CoinMarketCap. When Tron emerges from Ethereum, there is a good chance of reaching 0.4 USD in the next 5-8 months.

Trade TRX for tokens. The more TRXs in the contract, the more valuable your token. Pay your taxes (10% per transaction) and see the dividend flow as you Hold On for Dear Life. The key here is PATIENCE: there is a withdrawal penalty without it. After 30 days, you are entitled to extract 100% of your deposit. But before that? Learn to live more, less.

How It Works:

The basic structure for a Crystal Elephant Token (CETO) contract will come from a well-reviewed and audited P3D open source contract - also known as a sandbox contract - with modifications made to encourage longevity. Tokenholders are encouraged to hold the token for 30 days + or experience a sliding penalty scale for initial withdrawal. Penalties are added to transaction costs and distributed to other token holders.

Process:

Convert Tron (TRX) for tokens that go up or down algorithmically with each sale. Ten percent of the funds from each transaction - deposited, withdrawn, or transferred - are taxed and distributed proportionally to all token holders as dividends. Penalties as high as 75% will be assessed for those who are attractive before 30 days.

•STRUCTURE•

Most sand hour contracts suffer from pump-and-dumps - users / early users enter early and withdraw their funds later at the same time - thus endangering their life cycle. CETO offers strength through consistency.

Strengths:

Convert TRX to CETO, which goes up and down the value of TRX with each purchase or sale of tokens.

Quite complicated and very math-based - be patient. Each token purchased goes up gradually more than the previous token. If our initial token price starts at 0.001 TRX, an increase of 0.0001 TRX increases for each additional token.

The purchase of 5 CETO will look like this:

  • CETO1 = .001 / TRX

  • CETO2 = .00110 / TRX

  • CETO3 = .00120 / TRX

  • CETO4 = .00130 / TRX

  • CETO5 = .00140 / TRX

(minus 10% transaction fee)

  • Total: 5 CETO = 0.054 TRX

The same principle applies to the sale of CETO, only -0.0001 TRX for each additional token sold.

Each transaction (buy, sell, transfer to another token holder) is subject to a 10% tax, the proceeds of which are distributed to other CETO token holders as dividends. Your TRX exchange for CETO (principal) is given an incentive to bet on the smart contract platform for 30 days, collecting a dividend that is proportional to your percentage of the total token supply of all other transactions over time.

Dividends can be withdrawn at any time. Just like a P3D contract, the withdrawal of dividends is free of charge. However, if token holders want to consolidate their principal to receive a larger share of the dividend, they can reinvest their dividend into the contract (minus 10% transaction costs), thus setting an additional 30-day incentive to maintain the dividend amount in the contract.

Re-invest automatically! Just set it and forget it: Let the Forest do all the work. If you want to reinvest your dividends every 24 hours, just check the box, confirm, the contract will automatically reinvest all dividends in excess of 5 TRX transaction costs, and live your life! This unique feature makes it easier - and faster - than ever before to build your value in CETO contracts. Feel free to stop it at any time.

Transfers are treated the same as sales: early withdrawal fines apply, as do 10% transaction costs. Token transferred is treated as a new principle, and is subject to the same 30-day penalty system for recipients.

CETO even holds the future! Because CETO is a standard TRC-20 token, fellow Elephants can build their own forests using our unique token property, while also sharing and contributing to the collection of contract dividends. More dApps = more div. Your limitations are just your imagination!

Example 1 (no dividends, no contract growth, no currency fluctuations - EXCEPT):

  1. Day 1:

  • Exchange 100,000 TRX (current CETO price = 2.36 TRX) with 42,341 CETO.

  • Balance: 42,341 CETO / 89,993 TRX (25% available for withdrawal = 10,585 CETO / 30,230 TRX)

  1. Day 11:
  • Balance: 42,341 CETO / 89,993 TRX (50% available for withdrawal = 21,171 CETO / 50.479 TRX)
  1. Day 21:
  • Balance: 42,341 CETO / 89,993 TRX (75% available for withdrawal = 31,756 CETO / 70.727 TRX)
  1. Day 31:

  • Balance: 42,341 CETO / 90.976 TRX (100% available for withdrawal = 42,341 CETO / 90.976 TRX)

  • Exchange 42,341 CETO for 90,976 TRX.

  • Reduced transaction fee by 10%.

  • Total: 81,878 TRX

Example 2 (without dividends, no contract growth, currency fluctuations - LESS POSSIBLE):

  1. Day 1:

  • Exchange 100,000 TRX (current CETO price = 2.36 TRX) with 42,341 CETO. TRX = $ 0.03 USD Initial value = $ 3000.

  • Balance: 42,341 CETO / 89,993 TRX (25% available for withdrawal = 10,585 CETO / 30,230 TRX);

  • Wallet value $ 2,700, withdrawal value $ 907.

  1. Day 11:

  • Balance: 42,341 CETO / 89,993 TRX (50% available to withdraw = 21,171 CETO / 50,479 TRX), TRX = $ 0.0275 USD.

  • Wallet value $ 2475, withdrawal value $ 1388.

  1. Day 21:

  • Balance: 42,341 CETO / 89,993 TRX (75% available to withdraw = 31,756 CETO / 70,727 TRX), TRX = $ 0.033 USD.

  • Wallet value $ 2,970, withdrawal value $ 2,334.

  1. Day 31:

  • Balance: 42,341 CETO / 90.976 TRX (100% available for withdrawal = 42.341 CETO / 90.976 TRX), TRX = $ 0.0375 USD. Wallet value $ 3412, withdrawal value $ 3412.

  • Convert 42,341 CETO to 90,976 TRX. Reduced transaction fee by 10%.

  • Total: 81,878 TRX, $ 3070

Example 3 (dividends, no withdrawals, contract growth, currency fluctuations - POSSIBILITY):

  1. Day 1:

  • Exchange 100,000 TRX (current CETO price = 2.36 TRX) for 42,341 CETO. Reduced transaction fee by 10%. TRX = $ 0.03 USD. Initial value = $ 3,000.

  • Balance: 42,341 CETO / 91,606 TRX (25% available for withdrawal = 10,585 CETO / 30,772 TRX);

  • Dividend Balance: 10,160 TRX. Wallet value $ 2,748, withdrawal value $ 923.

  1. Day 11:

  • Assume a daily token dividend rate of 0.2% for 11,976 TRX. (current CETO price = 2.55 TRX)

  • Balance: 42,341 CETO / 108.018 TRX (50% available for withdrawal = 21,171 CETO / 60.585 TRX)

  • Dividend Balance: 11,976 TRX. TRX = $ 0.0275 USD. Wallet value $ 2971, dividend value $ 329, withdrawal value $ 1666.

  1. Day 21:

  • Assume a daily token dividend rate of 0.2% for 14,117 TRX. (current CETO price = 3.01 TRX)

  • Balance: 42,341 CETO / 127,368 TRX (75% available for withdrawal = 31,756 CETO / 100.090 TRX)

  • Dividend Balance: 14,117 TRX. TRX = $ 0.033 USD. Wallet value $ 4,203, dividend value $ 466, withdrawal value $ 3303.

  1. Day 31:

  • Assume a daily token dividend rate of 0.2% for 16,639 TRX. (current CETO price = 3.55 TRX)

  • Balance: 42,341 CETO / 150.177 TRX (100% available for withdrawal = 42.341 CETO / 150.177 TRX)

  • Dividend Balance: 16,639 CETO / XX TRX. TRX = $ 0.0375 USD. Wallet value $ 5,632, dividend value $ 624, withdrawal value $ 5,632.

  • Convert 42,341 CETO + dividends with 166,816 TRX. Reduced transaction fee by 10%.

  • Total Withdrawal: 166,816 TRX, $ 6,256

Example 4 (dividends, withdrawals, deposits, currency fluctuations - MAY):

  1. Day 1:

  • Convert 100,000 TRX (current CETO price = 2.36 TRX) to 42,341 CETO. Deducted transaction costs 10% + dividends reinvested. TRX = $ 0.03 USD. Initial value = $ 3,000.

  • Balance: 44,426 CETO / 100.749 TRX (25% available for withdrawal = 11,107 CETO / 34,335 TRX);

  • Dividend Balance: 1,005 TRX. Wallet value $ 3,023, withdrawal value $ 1030.

  1. Day 12 (reinvested daily for 11 days):

  • Assume a daily token dividend rate of 0.2% for 269 TRX. (current CETO price = 2.8 TRX) Invest again 269 TRX. Reduced transaction fee by 10%.

  • Balance: 45,148 CETO / 126,297 TRX (50% available for withdrawal = 22,574 CETO / 63,149 TRX).

  • Dividend Balance: 0. TRX = $ 0.0275 USD. Wallet value $ 3473, dividend value $ 0, withdrawal value $ 1737.

  1. Day 22 (daily reinvestment and daily withdrawal for 10 days):

  • Assume a daily token dividend rate of 0.2% for 295 TRX. (current CETO price = 3.35 TRX) Pull 295 TRX.

  • Balance: 45,330 CETO / 151,878 TRX (75% of 33,998 CETO / 113,909 TRX available for withdrawal)

  • Dividend Balance: 0. TRX = $ 0.033 USD. Wallet value $ 5012, dividend value $ 0, withdrawal value $ 3759, withdrawal $ 10

  1. Day 31 (10 day daily withdrawal):

  • Assume a daily token dividend rate of 0.2% for 346 TRX. (current CETO price = 3.35 TRX) Draw 346 TRX.

  • Balance: 45,330 CETO / 178,174 TRX (100% of 45,330 CETO / 180,823 TRX available for withdrawal)

  • Dividend Balance: 0. TRX = $ 0.0375 USD. Wallet value $ 6,682, dividend value $ 0, withdrawal value $ 6,781, withdrawal $ 175.

  • Convert 45,330 CETO to 180,823 TRX. Reduced transaction fee by 10%.

  • Total Withdrawal: 162,741 TRX, $ 6,103

  • Total Earnings: 167,400 TRX, $ 6,278 USD

WHY CETO?

Why not CETO?

The basic structure for a CETO contract comes from the well-proven open source Proof of Weak Hands 3D contract. P3D is a revolutionary economic model currently played on the Ethereum blockchain. P3D smart contracts have handled more than 581K ETH (~ $ 167 million USD an average of $ 287.95 USD / ETH) between February 16-December 29, 2019, with 58K ETH ($ 16.7 million) paid through smart contracts. Open source and peer-reviewed for security, P3D smart contracts handle everything automatically, without trust, without human intervention or manipulation: code is the law.

•GET STARTED•

  • If necessary, create a Tronlink or other compatible web wallet

  • Get TRX. If you need to use fiat-to-crypto exchange, we recommend Bittrex or Atomic Wallet

  • Transfer TRX (or return your Tron wallet address) to your Tronlink wallet

  • Create an account

  • CETO contracts will be connected to your Tronlink wallet

  • Exchange TRX for CETO

  • Enjoy receiving dividends

  • Create and share your referral links to earn more dividends

  • Hold more than 100 CETO in your wallet and create your own custom referral link to share with others

•CASHING OUT•

  • Sell CETO for TRX

  • Withdraw TRX accumulation (including dividends) to Tronlink / web wallets

  • Send TRX to external exchanges to trade in fiat currency

•RIDE WITH PRIDE•

If you have come this far, help yourself. You are ready to enjoy one of the most innovative and proven economic models of decentralized applications with inherent sustainability.

Remember: Elephants are smart. Redeeming before 30 days is stupid. Get your full value PLUS dividends - and stay on the go.

information:

•AUTHOR•

ceto blockchain bitcoin bounty
4 years ago by

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