BCETO's goal: to create a decentralized, self-contained, revenue-generating digital token that gets stronger as you last longer, as opposed to the lifecycles of a cloned hourglass.
Contents:
Description of the BCETO project
The basic structure of the Crystal Elephant Token (CETO) contract comes from a clone of the open source P3D contract - also known as the hourglass contract, with modifications, made to promote longevity. The token holder is advised to hold the tokens for 30 days or incur a sliding scale of penalties for early withdrawal. Penalties are added to the transaction fee and spread across the other token.
Some features:
| 1 | Exchange Tron (TRX) for tokens that grow or fall algorithmically with every sale. |
| 2 | 10% of the funds from each deposited, withdrawn or transferred transaction are taxed and proportionally distributed among all token holders as dividends. |
Most hourglass contracts suffer from pump and dump - early adopters / users enter early and at the same time withdraw their funds later, which jeopardizes their life cycle. BCETO offers strength through consistency. Exchange TRX for CETO, the value of which rises and falls with each purchase or sale of tokens.
Dividends can be withdrawn at any time. As with the P3D contract, dividends can be withdrawn commission-free. However, if the token holder wants to increase their principal in order to receive a larger share of the dividends, they can reinvest their dividends in the contract (minus 10% of the transaction fee), thereby establishing another 30-day incentive to keep the dividend amount in the contract.
Additional data
The site has a WhitePaper document. You will find information about the project and the rules of work there. Also, there is a section "Tutorial" and answers to questions on the main page.
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