Introduction
The blockchain is a morally sound computerized record of monetary exchanges that can be customized to record not simply money related exchanges but rather for all intents and purposes everything of esteem. Blockchain innovation resembles the web in that it has a worked in power. By putting away squares of data that are indistinguishable over its system, the blockchain can’t be controlled by any single substance and has no single purpose of disappointment. The web itself has turned out to be tough for just about 30 years. It’s a reputation that looks good for blockchain innovation as it keeps on being produced.
Notwithstanding the uprising of Covid-19 with exacting capital controls set up by most nations to control the progression of cash and charge high duties, cryptographic money acquired utilization in dodging capital controls and assessments, prompting an expansion popular. Cryptocurrency has had the option to introduce a simple to utilize computerized option in contrast to fiat monetary forms. Offering frictionless exchanges and expansion control, speculators have been judicious enough to add these monetary forms in their broadened portfolios as a resource, as the size of the market doesn't speak to a foundational hazard. Digital money utilizes the utilization of cryptography that guarantees high-security measures and checks exchanges individual to every client. Thus, falsifying and unknown exchanges are difficult to accomplish.
CETO uses audited source code on a smart contract with a Hourglass Contract, it is a fair contract concept for all parties, early holders will get more profit when successful hold tokens and get a penalty when withdrawing too early but the penalty is distributed to other Token Holders, creating a win-win solution for all and of course a long term investment option.
The Goal is to create a decentralized, autonomous, revenue-producing digital token that gets stronger as you hold longer, counter to the boom-bust lifecycles of cloned hourglass-style.
How It Works: The basic structure for the Crystal Elephant Token (CETO) contract comes from a clone of the well-vetted and audited P3D open-source contract - also known as an hourglass contract - with modifications made to incentivize longevity. Tokenholder is encouraged to hold tokens for 30 days + or suffer a sliding scale of penalties for early withdrawal. Penalties are added to the transaction fee and distributed to other token.
Process: Exchange Tron ( TRX) for tokens that rise or fall algorithmically with every sale. Ten percent of funds from every transaction - deposited, withdrawn, or transferred - are taxed and proportionally distributed to all tokenholders as dividends. Penalties as high as 75% will be assessed for those who withdraw before.
Wisdom: In addition to cryptocurrency price fluctuations, the tokenholder is incentivized to keep their CETO for at least 30 days .
Withdrawals of principal are as follows:
Sell between 0-9 days (0-864,000 seconds), lose 75% of its value
Sell between 10-19 days (864,001-1,728,000 seconds), lose 50% of its value
Sell between 20-29 days (1,728,001-2,592,000 seconds), lose 25% of its value
Sell on or after 30 days , you receive 100% of your principal value
CETO Introduces us to a new concept that may be better than DeFi, the Framework they designed eliminates the negative things that can be found on several DeFi platforms such as Rug Pulls, Change Owner, Change Contract, etc. They also use Tron Blockchain which is certainly more effective and cheaper than Ethereum, which has very high fees, CETO also uses a concept that minimizes inflation in tokens and a more transparent volume, therefore I highly recommend you to join the CETO community guys!
Getting Started
If necessary, create a Tronlink or other compatible web wallet
Acquire TRX. If needing to use a fiat-to-crypto exchange, we recommend Bittrex or Atomic Wallet
Transfer TRX (or restore your Tron wallet address) to your Tronlink wallet
Create an account
The CETO contract will connect with your Tronlink wallet
Exchange TRX for CETO
Enjoy receiving dividends
Create and share your referral link for 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 accumulated TRX (including dividends) to Tronlink/web wallet
Send TRX to external exchange to trade for fiat currency
Ride with Pride
If you’ve made it this far, give yourself a hand. You are ready to enjoy one of the most innovative and proven decentralized app economic models with built-in sustainability.
Remember: Elephants are smart. Bailing before 30 days is dumb. Get your full value PLUS dividends – and hold on for the ride.
Loyalty
Patience is a virtue. In addition to earning dividends on principal, the more TRX in the contract, the more TRX value of your CETO tokens.
When tokenholders’ 30 days are up and they inevitably withdraw some of their principal, it pays to take profit but leave principal. Always there will be daily waves of tokenholders cashing out, creating even more dividends once their 30 days are up.
Today, the platform is known for its fast transaction speed and agile CEO. Specifically, the platform is capable of 2000 transactions per second. This performance makes 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 a very good potential to grow in the market. Tron was ranked 56th a few months ago, but has now secured the 13th position 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 TRX in the contract, the more valuable your token will be. Pay your taxes (10% per transaction) and watch dividends flow while you Hold On for Dear Life. The key here is PATIENCE: there is a withdrawal penalty without it. After 30 days, you are eligible to extract 100% of your deposit. But before that? Learn to live with more, less.
For more information about this amazing project please visit:
Website: https://crystalelephant.net/
Telegram Official Group: https://t.me/CETOofficial & channel:https://t.me/cetoken
Whitepaper: https://crystalelephant.net/whitepaper
Twitter: https://twitter.com/cetoken
YouTube:https://www.youtube.com/channel/UCNRN6hw26z6TGWiZpAk5XXQ
Bitcointalk Username: TheJohnMatch
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1673694
Telegram:@Gmanji
TRX Wallet Address: TQZeaLyrAm6o85mWbuuLzD6LN9tokqyyuk
The blockchain is a morally sound computerized record of monetary exchanges that can be customized to record not simply money related exchanges but rather for all intents and purposes everything of esteem. Blockchain innovation resembles the web in that it has a worked in power. By putting away squares of data that are indistinguishable over its system, the blockchain can’t be controlled by any single substance and has no single purpose of disappointment. The web itself has turned out to be tough for just about 30 years. It’s a reputation that looks good for blockchain innovation as it keeps on being produced.
Notwithstanding the uprising of Covid-19 with exacting capital controls set up by most nations to control the progression of cash and charge high duties, cryptographic money acquired utilization in dodging capital controls and assessments, prompting an expansion popular. Cryptocurrency has had the option to introduce a simple to utilize computerized option in contrast to fiat monetary forms. Offering frictionless exchanges and expansion control, speculators have been judicious enough to add these monetary forms in their broadened portfolios as a resource, as the size of the market doesn't speak to a foundational hazard. Digital money utilizes the utilization of cryptography that guarantees high-security measures and checks exchanges individual to every client. Thus, falsifying and unknown exchanges are difficult to accomplish.
CETO uses audited source code on a smart contract with a Hourglass Contract, it is a fair contract concept for all parties, early holders will get more profit when successful hold tokens and get a penalty when withdrawing too early but the penalty is distributed to other Token Holders, creating a win-win solution for all and of course a long term investment option.
The Goal is to create a decentralized, autonomous, revenue-producing digital token that gets stronger as you hold longer, counter to the boom-bust lifecycles of cloned hourglass-style.
How It Works: The basic structure for the Crystal Elephant Token (CETO) contract comes from a clone of the well-vetted and audited P3D open-source contract - also known as an hourglass contract - with modifications made to incentivize longevity. Tokenholder is encouraged to hold tokens for 30 days + or suffer a sliding scale of penalties for early withdrawal. Penalties are added to the transaction fee and distributed to other token.
Process: Exchange Tron ( TRX) for tokens that rise or fall algorithmically with every sale. Ten percent of funds from every transaction - deposited, withdrawn, or transferred - are taxed and proportionally distributed to all tokenholders as dividends. Penalties as high as 75% will be assessed for those who withdraw before.
Wisdom: In addition to cryptocurrency price fluctuations, the tokenholder is incentivized to keep their CETO for at least 30 days .
Withdrawals of principal are as follows:
Sell between 0-9 days (0-864,000 seconds), lose 75% of its value
Sell between 10-19 days (864,001-1,728,000 seconds), lose 50% of its value
Sell between 20-29 days (1,728,001-2,592,000 seconds), lose 25% of its value
Sell on or after 30 days , you receive 100% of your principal value
CETO Introduces us to a new concept that may be better than DeFi, the Framework they designed eliminates the negative things that can be found on several DeFi platforms such as Rug Pulls, Change Owner, Change Contract, etc. They also use Tron Blockchain which is certainly more effective and cheaper than Ethereum, which has very high fees, CETO also uses a concept that minimizes inflation in tokens and a more transparent volume, therefore I highly recommend you to join the CETO community guys!
Getting Started
If necessary, create a Tronlink or other compatible web wallet
Acquire TRX. If needing to use a fiat-to-crypto exchange, we recommend Bittrex or Atomic Wallet
Transfer TRX (or restore your Tron wallet address) to your Tronlink wallet
Create an account
The CETO contract will connect with your Tronlink wallet
Exchange TRX for CETO
Enjoy receiving dividends
Create and share your referral link for 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 accumulated TRX (including dividends) to Tronlink/web wallet
Send TRX to external exchange to trade for fiat currency
Ride with Pride
If you’ve made it this far, give yourself a hand. You are ready to enjoy one of the most innovative and proven decentralized app economic models with built-in sustainability.
Remember: Elephants are smart. Bailing before 30 days is dumb. Get your full value PLUS dividends – and hold on for the ride.
Loyalty
Patience is a virtue. In addition to earning dividends on principal, the more TRX in the contract, the more TRX value of your CETO tokens.
When tokenholders’ 30 days are up and they inevitably withdraw some of their principal, it pays to take profit but leave principal. Always there will be daily waves of tokenholders cashing out, creating even more dividends once their 30 days are up.
Today, the platform is known for its fast transaction speed and agile CEO. Specifically, the platform is capable of 2000 transactions per second. This performance makes 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 a very good potential to grow in the market. Tron was ranked 56th a few months ago, but has now secured the 13th position 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 TRX in the contract, the more valuable your token will be. Pay your taxes (10% per transaction) and watch dividends flow while you Hold On for Dear Life. The key here is PATIENCE: there is a withdrawal penalty without it. After 30 days, you are eligible to extract 100% of your deposit. But before that? Learn to live with more, less.
For more information about this amazing project please visit:
Website: https://crystalelephant.net/
Telegram Official Group: https://t.me/CETOofficial & channel:https://t.me/cetoken
Whitepaper: https://crystalelephant.net/whitepaper
Twitter: https://twitter.com/cetoken
YouTube:https://www.youtube.com/channel/UCNRN6hw26z6TGWiZpAk5XXQ
Bitcointalk Username: TheJohnMatch
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1673694
Telegram:@Gmanji
TRX Wallet Address: TQZeaLyrAm6o85mWbuuLzD6LN9tokqyyuk
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