CITYUPTAKE — By the Numbers

CITYUPTAKE
CITYUPTAKE
Published in
3 min readAug 27, 2019

CITYUPTAKE is a community-driven project designed to maximize the crypto holder’s returns while minimizing risk. TRON’s Super Representative (SR) model of block rewards for voters makes this possible. Verified holders receive the guarantee of a 1:1 exchange from staked TRX voting for SRs and access to a share of the robust gains from a trading desk built by a price-inclusive holder fee. The fee of .35 TRX/CITYUPTAKE provides holders access to the various goods, services, and content of the CITYUPTAKE service and provides the advantages of mitigating holder dilution and establishing CITYUPTAKE as a utility token.

The combination of reliable daily SR rewards and the consistent weekly returns through the Trade Desk makes CITYUPTAKE a solid project for a strong ROI.

CITYUPTAKE is one of the few projects which actually benefits from the volatility of the TRON token. When the value of TRON decreases, our professional trader operating the Trade Desk — Jason Lavender — takes it as an opportunity to bring higher gains to the Trade Desk:

CITYUPTAKE celebrated it’s one year anniversary on July 14th and is one of the earliest projects on the TRON blockchain with its token ID of 1000080 marking it as the 80th token created. During this past year, CITYUPTAKE has maintained consistent results: Figure 4 in the infographic below shows the reward results month by month. Rewards have averaged nearly 11 TRX per 1000 CITYUPTAKE per week. There are a few projects that may perform better for periods, however, they do not provide the safety of a 1:1 exchange as CITYUPTAKE does.

The average weekly ROI on the amount of invested TRX is 0.77%. Which means an annual ROI of 40.2%² [Figure 1]. Had you repurchased CITYUPTAKE tokens on a weekly basis with the rewards, through compounding, you could have achieved a 49% return [Figure 1].

A purchase of 100k CITYUPTAKE one year ago combined with repurchases of tokens with the given rewards would have accumulated a total of 150k CITYUPTAKE tokens³ [Figure 3]. Many of our holders seek to build a solid weekly residual and the data in Figure 4 can help in planning for that.

Trade Desk rewards are never guaranteed. Please see footnotes.

For each CITYUPTAKE token, one pays 1.35 TRX if you buy through an agent with a minimum of 25,000 for the initial buy and 1000 minimum for subsequent buys. Out of this, 1 TRX is backed by 1 TRX and used for achieving rewards through voting and is always available for exchange, 0.25 TRX is used to fill the Trade Desk, and 0.1 TRX is used to cover the expenses of the agents.

There is, however, a secondary market on TWM where CITYUPTAKE tokens are offered for sales by existing holders. If you purchase tokens here, be sure to hold at least 1000 and register in the CITYUPTAKE lounge to be eligible for daily voting and weekly trade desk rewards.

Website

Friendster.IO

Telegram

Twitter

¹The Trade Desk is built via fee with purchase, and owned and operated by CITYUPTAKE.
²Trade Desk rewards are never guaranteed. The average is a history of past rewards and not a predictor of future rewards. CITYUPTAKE is a utility token that provides a voting service for its members.
³Run your own numbers by downloading the excel

--

--

CITYUPTAKE
CITYUPTAKE

The CITYUPTAKE token is a utility token that provides access to the goods, services, and content of the Company. Rewards are not guaranteed.