The concept is to increase your CTPSB stake in the form of NFT's and CTPSB tokens. The challenge will last 5 weeks (until 5.12.2023). During this challenge there will be several auctions of NFT's over the WAX blockchain and it might become possible to get CTPSB NFT's for a cheap price.
On the start day, when you submit to the challenge, we count your assets:
- the number of CTPSB tokens
- the number of silver CTPSB NFT's
- the number of gold CTPSB NFT's
- the number of collector CTPSB NFT's
Each asset has a certain value in points for the challenge:
1 CTPSB token = 1 point
1 silver NFT = 10 points
1 gold NFT = 25 points
1 collector NFT = 200 points
At the end of the challenge, we count your points and we watch who has increased by the biggest margin.
3 ways to collect points
You can generate points for your ranking in 3 different ways:
- By increasing the amount of CTPSB tokens that you own
- By getting CTPSB NFT's
- By combining CTPSB NFT's
How to get CTPSB tokens?
You can purchase CTPSB tokens on tribaldex or you can earn the tokens in one of the following ways:
- by providing liquidity to the diesel pool LEN:LENM
- by delegating Hive Power to @ctpsb and get weekly dividends in the form of CTPSB tokens.
How to get CTPSB NFT's?
You can purchase CTPSB NFT's on the WAX blockchain over the listings or over the auctions. We will run several auctions during the challenge.
Check out this tutorial how you can send WAX from Hive to the WAX blockchain to get ready.
Get points by combining NFT's
When you have 2 Silver NFT's you can blend/combine them into a Gold NFT. This will allow you to win points for the challenge. 2 Silver NFT's give you 20 points. 1 Gold NFT, however will give you 25 points.
You can also blend 5 Gold NFT's into a Collector NFT. Your points will pass from 125 to 200 by blending the NFT's together.
The NFT's can be blended here
Why would you want to get CTPSB NFT's
The CTPSB NFT's will come handy for the challenge but they also bring you additional value. Holding Gold NFT's will count for the monthly CTPSB ranking that defines who will be supported by the project.
If you manage to get a collector NFT, you will get weekly dividends in the form of CTPSB tokens as long as you hold the NFT.
A great opportunity to sell your NFT's
If you don't plan to increase your NFT's, this challenge presents a nice opportunity for you to sell existing NFT's. You can sell or auction your NFT's on Atomichub
What can you win in the challenge
The top 4 of the ranking will get NFT's. A Gold NFT for the winner and 3 silver NFT's for the ranks 2 to 4.
In addition to that, 20% of the post rewards related to this challenge will got to the account @ctpsb.cut. The staked rewards will be delegated out to generate a return. All the liquid rewards will be used to purchase CTPSB tokens that will be distributed to the participants. After every post there will be a comment to show you how much money is in the pot.
Important notice
There is a limited amount of NFT's in circulation. When all NFT's are blended together, there will never be more than 10 collector NFT's. After this challenge, there will be very few NFT's on our account and we will stop selling them at a fix price.
From the start of the challenge, we will never again sell NFT's at a fix price. Some NFT's will be auctioned during the challenge. Each auction will start with 1 $ worth of tokens.
How to take part
It's very easy to take part. You simply need to write a comment where you share your wax username. You can take part without a wax address or you can add it later in the challenge. If you don't have a wax address yet, please write so.
Learn more about the CTP Swarm Booster:
▶️ 3Speak