CAPT Token Utility 2.0

CAPT token utility is being revised upon request from the community.

We have had requests to amend two parts of how our system works and we have come up with an experimental solution as proposed below —

1) adding more utility to the token rather than just simply earning it every day to sell on the market
2) allowing smaller token holders to participate and stake the tokens so they can benefit in some ways

After discussions, we believe we have come up with a solution that drives both of these directly —

We will be moving away from the existing method of how the Bitcoin winners are selected.

Up until now the winners of Bitcoin giveaway were decided simply based on the amount of ‘work’ carried out by our users on the platform on daily, weekly, monthly basis.

We are now creating a new system where the users, large and small need to stake their CAPT token to participate in the giveaway.

The minimum number of tokens required to stake to enter the Bitcoin giveaway is 10 CAPT.

All the users participating in the Bitcoin giveaway will need to have their tokens staked in the Bitcoin winner selection contract.

Odds of winning will be based on your percentage contribution to the pool.

For example, if 100 users stake the minimum required 10 tokens each, the total tokens staked = 1000 CAPT.

Each user has 10 tokens and hence a 1% chance of winning the Bitcoin.

Please note, users staking to win Bitcoin will not earn staking rewards / APY.

Our platform will now directly encompass THREE TOKEN SYSTEM —

Bitcoin — lucky draws
ETH — you can earn 0.002 ETH for each successful referral
CAPT — you can continue to further earn by watching videos, referring friends and staking

You can then use this CAPT to stake and get a chance to win Bitcoin. Of course, in order to increase your chances, you can buy as many as you like from the open markets.

Users simply need to stake minimum of 10 tokens to have an opportunity to win Bitcoin for lifetime.

Will keep you posted on the development of these systems.

The Bitcoin giveaways will start as soon as there are 100,000 CAPT tokens locked in the smart contract.

Thanks,

• Captain