"Kate's choice" has great potential

in steem •  4 years ago 

@jayplayco recently introduced a new project called "Kate's choice" (see [JJM] Steem 50% Sale program - JJM's Kate's Choice).

The title itself is already interesting: steem 50% discount?

After reading the first half, it immediately reminded me of the syndicate (run by crypto.com).

image.png

It requires you to stake their own tokens (CRO), and depending on how much you staked CRO, you may participate up to a certain amount.

After all subscriptions are done, your share is proportionally calculated and you may buy other crypto (say bitcoin) at half price.

And it seems that (or at least from my understanding) Kate's choice is identical to the syndicate, except that they are using JJM instead of CRO.


CRO has been going up for a while, and now their market cap is rank 12th.

Impressive, isn't it? especially if we also consider that steem is rank 79th.

image.png

image.png


It is very unlikely that there's a patent for this syndicate system, so importing such successful system to steem is likely to enhance steem value.

We still have two concerns before participating...

  1. Steem-engine stability: we all know that steem engine sucks nowadays (or maybe it was like that before too). Is there a way that we may not use steem engine to participate in the event?

  2. Credibility of host: while it seems that the operating team consists of good steemians, credibility is always an issue when a new project starts.

  • We hope @jayplayco may answer some of the questions above.
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

This project is indeed promising. Hope to see you join this event (with small amount if you believe that it is risky) to test water.

Think for you

i upvoted you !!

Your post is manually rewarded by the
World of Xpilar Community Curation

join the World of Xpilar Curation Trail, info can be found here