CITYUPTAKE

Reviewed through the numbers

Weekly rewards and share of circulating supply over time for holding 100k CITYUPTAKE tokens

This graph gives a good view on the consistency of rewards for holding CITYUPTAKE tokens while the portion of the total circulating supply decreases (dillution). The rewards recently consistently hover between 800 and 900 TRX per week.

Total rewards paid out week by week

This graph indicates the total rewards paid out week by week, it is clear that it is just a matter of time until the weekly 400k TRX paid out will be passed.

Cumulative rewards paid out by CITYUPTAKE since its inception

Continuously growing cumulative rewards have been increasing steadily and will surpass 25 Million TRX in the second half of May.

Check out CITYUPTAKE in http://www.cityuptake.com or https://t.me/CITYUPTAKE

BTT Staking

BTT staking has started successfully.

Since some days, you can stake your $BTT in Dlive to get some rewards. As the first day staking rewards were outrageous due to the combination of a low amount of staked BTT and a high daily reward. Since then the amount of Staked BTT has settled down just north of 11.28 Billion (5.3% of total supply) and the daily rewards are now stabilizing close to 20 Million BTT.

If these number continue like this a 60% annualized staking return is a great deal.

Pi-Token income distribution

Break down of the weekly income distribution

In light of transparency the income distribution of the Pi-token is openly shared.

Week of April 26, Pi-Token income distribution.

In the graphic above it can be seen that roughly 60% of the income received has been distributed to the holders of Pi-tokens directly.
Roughly 30% went to the reserve wallet, which is used to maintain enough buffer to be able to have holders return their Pi token for a 1:1 swap with TRX and to build a rewards payment reserve to establish trust.
Around 10% is used for maintaining and supporting the ECO-System of The Crypto Universe.

The Pi-token can be bought through Seedit in the Promille Telegram channel.

In that same Channel we now have a weekly and monthly gaming competition with Crypto prices to attract more traffic to the channel.

Weekly gaming competition announcement

PASSIVE INCOME DASHBOARD

The regular update on the passive income dashboard

With the Crypto market slightly recovering from the dramatic value loss in March, it is time to update the Passive Income dasboard again. As the amount of cryptocurrencies included has changed a bit, the format has changed a bit as well:

Passive income dashboard April 27

Due to the slow evolution on ADA, I have decided to take it out of the passive income token portfolio, as the contribution will be lower than the other 6 coins in there:

COTI
For COTI I have increased the target hold after the announcement that we will be allowed to run a community node on the COTI blockchain.

Pi-Token
The growth of the Pi-token portfolio has been happening quicker due to the low prices of Crypto, which led to an increase of the targeted bag size.

BTT
BTT has been added as a new passive income coin after the staking option in Dlive went live.

CITY Alpha
CITY Alpha has been added as there will be a possibility to increase the bag size in the future and it has already been a passive income generator for a while

CITYUPTAKE
As this is where I hold my biggest bag, it will always be a key element of the passive income strategy

WINk
WINk is continuously giving small consistent rewards, and the hope remains that its value and with that the hight of the rewards will grow in the future

COTI Community Node

Carpathian Basin has been selected as the future Community Node on the COTI blockchain.

This is the start of a new chapter. As of yesterday April 24th, Carpathian Basin has been selected to become the next Community Node in the COTI blockchain as laid out in the message in the COTI telegram channel yesterday.

Community Node win announcement

This is a big honor but also a big responsibility. In the coming days, we will find out the exact requirements of running the Community Node and the difference between running our node on the COTI Testnet.

We will create a plan on how we can support the COTI blockchain in optima forma and for that purpose, we will extend our COTI node page on the website with an introduction of the team (done), a roadmap of our plans to support COTI and detailed info about COTI in order to introduce new people to this great Blockchain.

For now we would like to thank the people who put their trust in us and voted for us. We will honor that trust with our hard work to contribute to the mass adoption of COTI as the “Coin of the Internet”.

Pi-Token

A small introduction to Pi-token as part of the Carpathian Basin eco-system

As part of The Crypto Universe, we have have created the Pi-token. With this it has become an integral part of Carpathian Basin ecosystem and it got its own place in our website, next to COTI and CITYUPTAKE.

Pi-token is a token on the TRON blockchain, which enables people, with lower amounts of $TRX or people who do not like to do KYC a possibility to earn some nice rewards while not having their funds at risk as the token is pegged 1:1 with TRX.

75 days after it has started paying rewards, the circulating supply of Pi has grown to 789k tokens:

Circulating supply of Pi-token.

In that period a total of 18.8k TRX has been payed out to the holders of Pi-tokens and the daily payment amount is growing day by day:

Cumulative rewards paid out to holders of Pi-tokens.

The Pi-token is funded by holding reward generating tokens and these rewards are then used in the following way:

income distribution of the rewards received by Pi-Token

In the week of April 19, a total income was received of 4,105 TRX. Out of this close to 10% (408 TRX) was move to the founders wallet to maintain the eco-system.
2,449 TRX was shared with the holders of Pi-tokens (average close to 350 TRX per day).
45 TRX worth of crypto was paid out to players of our weekly gaming competition in the channel.
1,202 TRX was moved to our reserve wallet, which is in place to fund the flexibility of offering a 1:1 peg to TRX.

Daily payout announcement, April 23 (payout 75)

As visible in the graphic above, close to 79% of the holders have chosen to switch on auto-buy as this results in automatic compounded carefree growth of the amount of Crypto held.

The different in returns explained between holding Pi and switching on auto-buy, based on 100k Pi held

Running for COTI node

Carpathian basin is running for mainnet community node on $COTI blockchain. Please use this link https://forms.gle/MXX2176hc72NUWwo6 to vote for us

The $COTI blockchain, one of the projects we are engaged with has opened a voting to decide on the next Mainnet Node to be switched on:

We have put in our candidacy and are collecting votes. This is a unique and very democratic way to decide on who will be the next mainnet node and as Carpathian Basin, we are proud to be part of this process.

Voting can be done through this link:

https://forms.gle/MXX2176hc72NUWwo6

And if you think we would be a good candidate, vote for @Carapthian:

Pi – Token

Introducing Pi-Token

After CITYUPTAKE and COTI, I have started intense participation in a third Cryptocurrency project. The project is called The Crypto Universe. The intention of The Crypto Universe is to be a platform to help people who are new to or inexperienced with Blockchain and Cryptocurrency specificly to land in the big bad world called Crypto.

The Crypto Universe

The Crypto Universe website consists of several sections, which will be filled with content gradually.

The roadmap describes them one by one and the first section which has already gone live is the Promille Project:

Promille Project

The Promille Project is the part of our Eco-system which will contain a variation of Tokens to the benefit of its holders. The first token created in the Promille Project is the Pi-Token. The Pi-Token is a token which uses invested TRX to create a passive income, while guaranteeing the value of the invested TRX. “Building Trust through Transparency”. The white paper explains this in much more details:

Main features of Pi-Token

The Token was created on 02-02-2020 and has been paying out rewards for close to two Months now, which was on of the reasons for a summary of the achievements so far.

Two months summary of the Pi-token

More features of The Crypto Universe will come and more info about the Pi-Token can be found here: https://t.me/promille_project In time The Crypto Universe will get its own section in the Carpathian Basin website.

#111 Months – 15

Months 15 of the 111 months early retirement has finished. Time for a summary

The 15th month of the #111Months challenge has finished and due to the global situation we are in, it was a month of a major step back. Both the share values and the crypto value dropped back. Eventhough the spending has been reduced, giving more opportunity to buy more Crypto and shares, the nett result was negative.

111Months cockpit month 16

The proportion of loans on my total wealth has climbed up after a steady continuous decline. In the coming months, our government has suspended loan repayments, so the free cash will be used to increase exposure to shares, crypto and precious metals.

Loan proportion of total wealth.

Also the passive income generation has suffered over the month of March and has dropped significantly. Even though the holdings of all passive income generating assets have increased and a new asset (Pi-Token) has been added to the list of passive income generating assets.

Passive income generation vs targeted passive income at the end of the #111Months project

With March having been an extremely busy month, setting up another Crypto project while dealing with COVID19 issues in normal work, the blog has been neglected a bit. But a recovery is in place

Passive income boost

After one and a half months into 2020 the building of a passive income powerhouse is on track

The first half of February 2020 has been a great month in crypto due to the mini Alt coin run. End of January beginning of February, I made a bigger purchase in $COTI to get closer to my goal. Also I have been steadily purchasing $CITYUPTAKE and the growth in my held amount is in line with the target. $ADA and $WINk stagnated but will be caught up later.

Passive income status Feb 17, 2020

The rewards from WINk have been extremely disappointing recently but maybe the new project which will be launched on the platform will inject some new life. As I don’t expect $ADA to run away in value from $TRX, I am not in a hurry to increase my ADA stack but rather invest the spare $TRX which I receive from CITYUPTAKE in the new reward generating token called $Pi. This one will go into open Beta soon and is already delivering double the rewards of voting.

The total received passive income value year to date is $843,- which puts me on a 6,5 k$ trajectory for the year. Not enough for retirement, but providing a serious impact on the road to retirement.