There's a quote from @theycallmedan that I think about quite often. I've written about it before and constantly bring it up on the 'Maniacs podcast. And it's what I wanted to discuss again on today's post...
"Every token starts out centralized, it's what you do after it's launched that matters..."
Now that's not verbatim but the idea is pretty straight forward. Even 'Satoshi' held a centralized coin when he / she / they launched Bitcoin. But what happened next, turned it into the decentralized behemoth that it is now. It was distributed to the miners and kept getting spread out, each and every block.
That's why a lot of us believe in Hive so much. Sure, there are some super early adopters that have huge stake, but at the end of the day, the token is being distributed each and every day through the rewards pool and curation efforts of the members here.
Now I wanna bring this closer to home...
This is the CTP Token. It's the community token for the CTP Swarm which is our little tribe on layer 2. It's been around since 'Steem Engine' days and it fit perfectly with our dreams to build on this blockchain.
CTP flies under the radar most of the time. In fact, there are people that I meet almost daily on chain that have never even heard of our project and are blown away that there is a tribe that focuses on marketing, online business and entrepreneurship.
Welp, Jongo...Maybe you suck at this marketing!!!!
Maybe...But the point is, this thing was as centralized as it comes when we launched it. We were the only token holders of it....
But our desire was to always create something of massive value on chain, even if it took years to do it. And in the world of Hive Engine, if it's not green candles and de-fi pools, people tend to lose interest quickly.
So we did what we could and that came in the form of adding use cases to the token....
From ListNerds to the CTPtalk front end, the CTP Tipping bot to HivePay and most recently....CTPX
...We've tried to find ways to add more value to the token with one goal...Or maybe a mission in mind.
To distribute it as much as we could!
Take for example what we're building with CTPX....
The 'hook' with CTPX is not only can you discover and xplore amazing content from around the blockchain and around the web...You can be rewarded in CTP Tokens for doing so.
In fact, along with CTPX buying the token off the market, I've been doing quite a bit of it myself...
I really want more people in the Hive community to hold this token. And after they get it, if they want to sell it, that's fine. What's important for me is that I'm doing everything I can to spread it all over the place.
This goes back again to what Dan mentioned a few months ago that really stuck with me....
Distribution of our token is one of my primary missions here on Hive. Sure I want people to check out the projects we have and learn about everything we're building, but at the end of the day...I don't want to be the number 1 token holder of CTP.
I want the community to own it. I guarantee you this if you hold CTP...We'll keep finding ways to add use case to the token. Drive value to it and distribute it every chance we get to!
And this ends the shameless self promotion of the CTP Token, thanks for reading :)
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Interesting to know about CTP. I remember i was holding some. I will take a look how is it.
In the meantime, thanks for sharing!
For sure. Yeah it's my fault for not doing a good enough job of getting our tribe out there more. We'll keep adding distribution channels though and value (we hope lol)
Amen brother, Amen 🙏
Working hard, or hardly working!!! Haven't figured it out yet.
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I just keep getting CTP. I stake a bunch every time the CTP challenge comes a long. I love that you guys keep adding use cases for it. I will pass 50K staked soon. Most of that is delegated for now and earning more CTP!
That is awesome man!
Thank you so much for your support after all these years, means a lot!
And not really mentioned, but most Hivers 'should' know this. Holding CTP and staking it, gives you curation rewards when liking and commenting on CTPTalk Posts. If your vote is counting for 0.000 when you are voting... you are using resource credits for no returns! Get some CTP (or whatever you vote on tokens) and power them up and start getting returns for your curations!
The wonderful world of delegated proof of stake :) We're very lucky to be here on chain!
CTP is becoming more interesting than I thought. I will add more to the one i have. Future is what we are talking about here
Just getting started :) And it sounds weird after being here for so many years but I truly believe, we've just begun!
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Just keep building, eventually the price will start to reflect what has been growing all along
Yup, can't control the markets, all you can control is your attitude and focus!
I hold some and still want more. Listnerd is one of the best use case on hive ever! ! ALIVE
Appreciate that! We learned a lot from the ListNerds platform and have something very special planned for the second half of 2023 for it :)
Wow. Looking forward and getting ready for it
CTP continues to develop and add more use cases so it is one of the tokens on Hive Engine that I trust the most. In my view, HP is 1st, LEO is 2nd and CTP is 3rd. That is how amazing CTP is to me. I will continue to build more CTP and I believe in the community
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Appreciate that sir, very much. Support means a lot and we're always working hard to add more value to it!
I think veews would be one of the place where it can be possible to integrate the CTP, like for you want 100 people to visit the page or blog, that token would be used. It'd be interesting to see use case that way.
Oh that's coming for sure....
Oh did I say that out loud? Oooops lol
CTP is a great token. I've been using it for a long time for tips and I already have a good stack. I love the projects in this community and how open it is.
Thanks so much, we try to make it valuable to the members and people that use it every day.
What are the top use cases for CTP token though?
Other than earning it from blogging and then using it within the community itself for tipping and so on.
HivePay discounts for staking
ListNerds staking and rewards
CTPX rewards / buy backs from the platform
We're adding new things for it all the time.