500 HP delegation to @ctpsb
Whenever, I work on a project, I like to make small adaptations to improve these projects. I've realised that I have become almost the biggest CTPSB token holder and that it will be totally in my interest if the value of the CTPSB grows even faster.
There are at the moment 9468 CTPSB tokens in circulation and I (@achim03) own 1913 Tokens which is around 20%. This corresponds to a total of 6'360 Hive Power at today's prices. It was worth around 1920 Hive 4 years ago, so I would say that it's one of my better investments.
CTPSB richlist
A couple of days ago, I decided to delegate 500 HP to CTPSB because this will allow me to make the token value grow even faster. I won't get anything directly for this delegation because the curation rewards of these 500 HP will go to the @ctpsb account rather than to my own. This on the other hand, will push the APR of CTPSB and my tokens will grow in value faster. From a mathematical point of view, I don't know whether I will directly profit from it but I think that all the other token holders will get a better APR as well and therefore it's worth it :-)
By delegating Hive Power to @ctpsb, I increase the curation return for the project. Since the number of the tokens in circulation doesn't change, the token value will grow faster.
Delegators to @ctpsb
The numbers of this week
Learn more about the CTP Swarm Booster:
Kool. Interesting approach to increase your stake value and intern benefiting others.
Most of the guys in the list, have purchased the tokens in the initial stage of the project, so they are already made three times the cost.
!PIZZA
!CTP
!LOLZ
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A bad apple.
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It's true that most of the big investors were there from the very beginning and they have not a bad return I believe :-). I think however that the way the project is running now will allow quite interesting returns in the future.
$PIZZA slices delivered:
@imfarhad(4/5) tipped @ctpsb
as personal, 500 HP is good number. however not for a project scale. just my 2 cents
Well it's my personal money that I delegate to the project and it profits everybody else. So I don't really get your point.
I mean the volume of 500 HP is no longer as big as in the past. It's around $100 fiat, in past it's like a $400.
So I mean, as individual or personal, $100 is a good amount. But may not be a good one for a project (too small)
Ok, I see your point :-)
This is one of the most stable growth tokens out there and it continues to grow.
I always try to fine tune the project in order to increase the return for token holders. It's going to be interesting to see how the APR evolves in the future.
Definitely one of the top performers on Hive. I don't think I can count more than 5 token on HE that have increased in value, let alone outperformed CTPSB token.
The concept of the token allows to draw a chart that looks pretty linear in growth which is a good thing I believe :-)
I think CTPSB has done well and that extra 500 HP will only increase the APR.
It's a little step towards this goal. I'm looking forward to seeing how the APR will evolve in the near future :-)