cVIX a great new COTI project

COTI has created a Crypto Volatility Index which is benefiting the COTI holders

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cVIX announcement

Today cVIX was announced by COTI. The Market Fear Index for the crypto space. An executive summary can be read here: https://medium.com/cvix/cvix-market-fear-index-for-the-crypto-space-66768e12cd3c

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:

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14 Day chart of the cVIX index

The great news though for COTI holders is that the $cVIX token will be distributed according to the following distribution model:

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$CVIX allocation over three years.

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.

cVIX compared to other non crypto Volatility Indexes.

This is another great example why it pays of to be an early holder in $COTI tokens.

Tronnetwork.store

Celebrating the opening of the Tronnetwork.store

Yesterday was the day, the opening of our webshop with Merchandise for TRON Blockchain projects.

Tronnetwork.store on fire

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:

AMA Announcement

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.

ORION PROTOCOL

Legal framework for the Carpathian Brokerage for the Orion Protocol

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

October

August

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

September is the month of disappointment with the fall of CITYUPTAKE, which forces new directions and re-evaluations of actions taken so far.

October

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!!

First sponsorship event

First sponsor event for Carpathian Basin

Event poster for Fast Bullet pre-announcement event

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.

#111Months – 19

Dashboard of months 19 of the #111Months initiative

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:

Orion protocol

Will ORN be the next node / brokerage for Carpathian Basin?

Orion Terminal screenshot

After COTI, the next blockchain in focus now is the Orion Protocol. Orion is a relatively new blockchain. The purpose of Orion Protocal is providing a platform for traders looking for the best exchange for executing a trade.

Roadmap of Orion Protocol

Currently the Orion Terminal is in closed Beta and there is a staking initiative on KuCoin with a 40% APR.

Tokenomics and token release schedule

So how does it work, as a token holder you will either be able to stake at a brokerage or become a brokerage (minimum 10k ORN required). If your brokerage is used for the transaction of the trade which occured on the Orion Terminal, you will get the trading fee, which has to be shared with the stakers into your brokerage.

Orion explained

After COTI, this will be the next blockchain in focus to establish a node (brokerage).