How Carpathian Basin evolved from a T-Shirt printing company to an investment company with Merchandise
With the official incorporation of Carpathian Basin coming up it is also time to think about some nice Merchandise.
It all started in 2018 with an idea to start a experience based t-shirt company called Carpathian Basin, as this is the location where I am located. I made some nice shirts inspired by travels, but found out soon enough that though I loved the name, the business model was not that great.
While I was figuring out that the business model was not the best, my crypto portfolio was increasing week by week and inspired by that the focus was moved to the #111Months challenge and the new profile of Carpathian Basin was found: Blockchain.Investment.Community.
The freshly created Merchandise features the current Blockchain pet-projects in my portfolio:
We are proud to run a node on the COTI blockchain and with the recent developments with COTI Viper and Blockchain Dollars, we are very bullish on COTI as a whole:
This video explain the COTI Universal Payment System:
CITYUPTAKE is consistency. Great rewards and already going strong for almost 2 years:
I would dare to say that CITYUPTAKE is the reason why the value of my crypto portfolio is green while building it in a continuous bear market (although lately COTI also played a role in this)
But also the Pi-token from the Crypto Universe deserves a spot on that Carpathian-Basin Merchandise. A consistent reward giving token with some fun interactions with the holders through weekly games.
A month has passed, time to review the progress in the #111Months project.
The goal of the #111Months project is to achieve early retirement at the age of 55. When I was 111 Month away from that, I started the #111Month project, created a targeted wealth and a targeted passive income enabling myself to retire from corporate life and move into managing and extending my passive income generating portfolio through Carpathian Basin Ltd.
With a nice small crypto run just before the end of the month, the wealth build is back on track. Also the share values recovered nicely, so the dip which occurred 2 months ago has been eliminated.
Most of the tokens held for passive income have been performing well. – BTT has recently started it’s staking project on the DLive platform which has been consistently delivering around 40% annualized returns. – COTI has finished it’s first month with Carpathian Basin running the COTI Community Node, now rebranded to Carpathian Node, delivering more than 40% annualized returns. – CITYUPTAKE is still consistently delivering more than 30% annualized returns. – CITY Alpha is generating solid returns combined with its progressive reward generating program. – Pi gives 18% annualized return with full flexibility.
Only WINk has not delivered stable returns the results fluctuate day by day. On a good day, I use the rewards to increase the WINk stake on a bad day, I am using the rewards to buy Pi and increase that stake.
In general I am ahead of the plan of building my portfolio of passive income generating tokens due to the good returns of the tokens held and due to the low price of Crypto still
Plans for June
The main focus for June is:
Continue to drive for increasing the portfolio of passive income generating crypto tokens
Increase regular share portfolio
Give full support for CITYUPTAKE, Pi Token and COTI to be part of their succes
Start incorporation of Carpathian Basin to reduce the Tax impact of Crypto earnings helping to build Carpathian Basin quicker.
During the month of May we were running the COTI Community Node, but after the Node Operators have been asked to set up their own fee’s, we have been re-branded to Carpathian Node.
Our node fee of 0,09% is average compared to the nodes, and the maximum fee of 90 COTI is lowest together with the Veru Node. With that giving the best value for Merchants with high transaction values, while the Merchants with lower transaction values are better off with Rufys or Bitcoin Browns.