With COTI Carpathian Node running smoothly and ORN Carpathian Brokerage under preparation, it is time to check out the potential projects in which setting up a staking pool would make sense. The initial candidates are projects like Unification ($FUND), Wanchain ($WAN), Harmony ($ONE) but first we should cast a wider net to see the possibility before narrowing it down.
After more research is done the details will be shared. In the meantime the structure behind the upcoming Carpathian Orion Protocol Brokerage can be found by clicking the link.
Another source to explore is the overview made by CryptoDiffer and in this article by hackernoon. Here a lot of details are worked out about Fantom, COTI, Tachyon and Harmony.
The year is nearing to an end so time to review the long term roadmap. The highlights of this year are: – Establishment of the Carpathian Community Node on COTI – Establishment of Carpathian Basin Kft as a corporation – Launch of TronNetwork.store
The cVIX is the first decentralized version of the VIX for the crypto market, covering major crypto assets. It is created by computing a decentralized volatility index from cryptocurrency option prices together with analyzing the market’s expectation of future volatility and working in a decentralized fashion by using a network of decentralized Chainlink oracles.
Below an example of the cVIX chart up to October 4:
The great news though for COTI holders is that the $cVIX token will be distributed according to the following distribution model:
So 10% of the total supply will be distributed to people holding the native $COTI token in the new Viper wallet, where they can claim their share of the $CVIX tokens for 8 consecutive weeks.
To not give a great advantage to the bigger Whales, there is a maximum of 500k $COTI per wallet which is eligible for $CVIX allocation.
This is another great example why it pays of to be an early holder in $COTI tokens.
Yesterday was the day, the opening of our webshop with Merchandise for TRON Blockchain projects.
We have started our shop with a wide selection of Merchandise for three groups of projects: – TRON Foundation projects; (TRON, JST, BitTorrent, SUN, DLive) – Community Projects or partners; (Crypcade, JTS-Global, Truthraider & Tronnetwork.store – Artists; kNO iDEA, Zen Gnarly & Vladimir Popp
The idea is to slowly grow the participants in all these categories giving projects a chance to the exposure Tronnetwork.store will provide to them.
To give more info around the Tronnetwork.store, we will have an AMA in the JTS-Global Telegram channel this Sunday:
Happy to celebrate this big milestone! With a small team we have been working very hard to get here. More details around the roadmap will follow in the near future.
Using the Carpathian Node on COTI Blockchain as a proof of concept, now preparations are on the way to set up a collaborative node on Orion Protocol as well. The legal framework is on the way to finalization and the participants have been found.
This will be one of the first Democratic run collaborative nodes on the Orion Protocol
August was the month of the founding of Carpathian Basin Ltd (Kft.) This marks the first big milestone in the road map for Carpathian basin. Besides managing the investment portfolio, Carpathian Basin will become the home of several Blockchain projects. The first being running the Carpathian Node on COTI blockchain.
September is the month of disappointment with the fall of CITYUPTAKE, which forces new directions and re-evaluations of actions taken so far.
October will be the month of excitement, with the official launch of the newest project being born in the Carpathian Basin set up. The intention is that this little offspring will grow up soon and will be able to stand on its own legs very rapidly. More details will follow!!
Sometimes in life you get roadblocks or setbacks, which hit pretty hard when they occur, but soon after teach you valuable information.
The issues with CITYUPTAKE (how ever the end will be) have thought me to act more on my discomfort with little things, some would call them red flags.
The other learning is, when becoming part of a team, always strive for full transparency with open and consistent communication.
Being part of the CITYUPTAKE agent team has led to a big loss in funds, how big is still to be seen, but even more importantly my name has been connected to a project which has left a bad smell. People have lost funds by a project represented by me.
So no more huge ambitious projects as a team member where the requirements of transparency and communication are not met. There where I would handle the assets of other people this will only be done in a solid and legal structured in full transparency.
With having Carpathian Basin Kft. (Ltd) established the framework for this has been set. The Carpathian COTI node cooperative will be upgraded from legal point of view and this will become a blue print for other small scale Node cooperations in other blockchains like Orion Protocol.
Besides that another project is in preparation with a solid team of trusted professionals. This one will launch on October first and more details will follow.
Finally all efforts will be put in place to recover as much funds as possible for the investors in the Pi token who got severely impacted by the CITYUPTAKE happening.
The first event under sponsorship of Carpathian Basin is on its way. September 26, we will attend the Go-Kart competition where the plans for Fast Bullets Hungary 2021 will be announced. A great opportunity to familiarize car fanatics with the world of Blockchain.
19 out of the 111 Months have passed and progress of the road to early retirement is great. Both wealth building and passive income generation are well on track. The value of crypto on August first created a big boost in the wealth department and the success of COTI and Dice tokens, next to the continuous performance of CITYUPTAKE has resulted in the best passive income generating month so far: