Trade mining. Token CTG
Since May 1, 2019, the platform provides users with the opportunity to mine (trade-to-mine) through trading bots. As for rewards Cryptorg released its own token ERC20 in Ethereum. Rewards are awarded for each successful transaction completed by the bot in the form of tokens. Tokens can be withdrawn from the platform to an external wallet by filling out an application, but the more tokens there are on the balance of the Cryptorg account, the higher the efficiency of trade mining.
Information about token
- Name: ERC20 Cryptorg Token (CTG)
- Etherscan link: link
- The total number of tokens: 100 000 000 CTG
- Token distribution:
5 % — Cryptorg command;
15 % — development;
10 % — marketing;
1 % — bounty;
19 % — holders.
5 % — expenses for payment for transactions before may 1, 2019;
45 % — spending on payment for trade-to-mine;
How does Trade-to-mine work?
Trade-to-mine is a token acquisition model by making financial transactions by bots on the platform Cryptorg. This consensus does not require mining in the classic view (GPU farm and ASIC-like devices). To get more income you need to make as many trades with the help of bots as possible.
The effectiveness of one successful transaction depends on such values as:
- volume of transactions
- the current tariff
- number of tokens on account balance
- number of trades in the last 24 hours on the platform
The platform generates a block containing a strictly fixed number of tokens once a day. Coins from the blocks are distributed among traders (depending on the effectiveness of their transactions), as well as between holders (wallets or accounts that have more than 100 thousand CTG tokens on the account). Every 120 days the number of generated coins will first increase and then decrease. This approach will ensure stable financial growth for users and ensures that they will benefit from mining.
Table of distribution of compensations
|The period||Award on the day||to the Miners 70%||to the Holders 30 %||Total CTG|
|ᅠ||ᅠ||ᅠ||total:||45 000 000 CTG|
The efficiency of the trade mining can be periodically increased. This will be possible from the moment of listing the CTG token on the first of the exchanges as well as during various partnership actions. All the current formulas of trade mining will be displayed on this page and additionally highlighted in the news.
Each account or wallet that holds more than 100 000 tokens, receives a portion of the profits from mining (a proportional part of 30 % of the daily remuneration). Thus, the most profitable option is to keep tokens on Cryptorg and trade bots at the same time. The weight of transactions will be as high as possible. This allows you to get the maximum profit from both trade mining and holding tokens on the account. Users who store tokens on the platform receive rewards on a daily basis. Transfers to wallets in the blockchain are made on a weekly basis.
Section «Trade mining”
You can hold CTG tokens on Ethereum-wallet and account balance of Cryptorg. If tokens are held on Cryptorg, they participate in the accrual of additional reward at the time of completion of the transaction by the bot.
The token can be purchased directly from the developers at a fixed price of $0.01 per 1 CTG. To request the purchase email at [email protected]
The relevance of token-CTG
- Trading on exchanges. In the 2nd quarter of 2019 listing is planned on 2-3 exchanges.
- Payment of tariffs on Cryptorg.net with an additional benefit.
- Marketplace on Cryptorg. Ability to buy digital products and subscriptions from various financial companies.
- Payment of tariffs for subsidiary projects of Cryptorg with margin trading.
- The introduction of the token as the main unit of account for copy trading on Cryptorg and subsidiary projects.
- Payment of tariffs on Tradingbeep.com with an additional benefit.
- This page https://cryptorg.net/en/trade-mining
- Information about Cryptorg https://cryptorg.net/cryptorg_presentation.pdf
- Road map https://cryptorg.net/en/roadmap
- Video about Cryptorg https://www.youtube.com/watch?v=zKW-lZLzv6s
- Github https://github.com/cryptorg-io
- Twitter https://twitter.com/Cryptorg_trade
- Discord https://discordapp.com/invite/qhhZ65K
- Bitcointalk trade-to-mine announcement ENG https://bitcointalk.org/index.php?topic=5136973.0
- Bitcointalk service announcement ENG https://bitcointalk.org/index.php?topic=4944370.0
- Bitcointalk service announcement RUS https://bitcointalk.org/index.php?topic=2353517
- Telegram chat ENG https://telegram.me/cryptorg_eng
- Telegram chat RUS https://telegram.me/cryptorg_rus