Welcome to everyone on this audacious crypto-financial journey we know as CETO! Throughout the peaks and valleys of our first month, we have had our eyes on a larger prize: UBI for ALL.
Like any good herd, there is strength in numbers. While more Elephants in the Jungle is good, transactional value is even better. Follow us now while we cut a short-term path through the Jungle to inform and instill even more faith in the future of the dApp token we all trust and love.
THE CETO BLOCKCHAIN FAMILY
Ambassador List
Thanks to the success of our early adopters, we are expanding the CETO footprint to other blockchains, the first of which are Ethereum (ETH) and the Binance Smart Chain (BSC). Although there is a lot to like about our primary Tron (TRX)-based home, we invite the greater, developing dApp ecosystem to enjoy the benefits of the unique CETO contract.
The Ambassador List is the earliest phase of a CETO contract that also offers the cheapest price. Several of our CETO Ambassadors have experienced up to 15x gain.
In the current CETO contract, it was mostly reserved for friends, family, and our CETO Foundation team. This allowed those of us critical to its development and success to buy into the contract at the earliest possible prices while also inoculating the contract from an early, self-interested, pump-and-dump whale. Some of the earliest, largest contracts belong to the team - and aren’t going anywhere.
Benefits of being on the Ambassador List?
- Access to the earliest prices of CETO (CETO’s Ambassador List phase started at 0.001 TRX and ended at 9.17 TRX)
- higher share of dividends
- ability to compound dividends quicker and at a higher rate than retail investors
Come participate now in our Ambassador List for ECETO (Ethereum) and BCETO (Binance Smart Chain). Ends March 26th, 12AM PT (GMT-7)
UPCOMING:
CETO GAMES & EVENTS
Circus Maximus
Our CETO gaming brand is called Circus Maximus. High-volume transactions in crypto can often be found through games. To get transactions flowing into the CETO contract outside of new user investment, we are starting with two games, below:
Provably Fair houses four popular dice-based games similar to Dice2win:
- 50/50: Coin flip; heads or tails winning bet pays 1.98x
- Roll Up: Roll a die; bet on numbers 1 to 6 with winning bet paying up to 5.94x
- Double Up: Roll two dice; bet on sum 2 to 12 with winning bet paying up to 35.64x
- Roll with It: Adjustable win chances with winning bet up to 99x
21 Elephants is the CETO take on one of the world’s most popular card games: Blackjack.
Future Games:
- Stampede: Speed
- Rollerball: Roulette
- Elephant River: No Limit Texas Hold ‘Em
- Spades: Spades
- Hearts: Hearts
- and many, many more…
Big Tent
“Where winners win big, and the rest share divs.”
A Big Tent Event is a time-sensitive, crypto raffle where a few winners win big, partial proceeds go towards a promotional partner as well as the next Event, and those who do not win receive dividends from the Event pool account.
Each Big Tent Event has a Guaranteed Prize Goal (GPG) and start date/time. Once the GPG is met with player entries, the game starts in 24 hours, no matter the originally scheduled start date. Additionally, of the money raised above the Guaranteed Prize Goal:
- 50% goes to a promotional partner
- 25% goes back into the prize pool
- 25% goes to seed the next Big Tent Event
By engaging with promotional partners, Big Tent turns every entrant into a CETO tokenholder, increases transactional dividend revenue for all holders, and gives people a no-loss way to win big money.
WRAPPED CETO
WCETO
“Unleash your CETO within.”
Wrapped CETO (WCETO) is a TRC-20 token-based derivative of CETO. It allows you to take the value of the token outside of the contract to play in the wide world of the Tron ecosystem.
- Exchange your CETO for WCETO penalty-free (10% transfer fee applies)
- Auto-reinvested dividends insures more future CETO value
- Swap WCETO for other TRC-20 tokens on the Tron blockchain
- Stake WCETO to ensure future CETO profit
If you want passive income on an aggressive schedule, WCETO is for you. When you come back to the contract to exchange it back into CETO, due to the dividends accrued, there will always be more CETO value for your WCETO than with you started.
Games and products will be launched for ALL CETO BLOCKCHAINS at the earliest opportunity.
The CETO Store
Merch
Rest assured, merch is on the way. However, due to the aggressive nature of our roadmap, it has been pushed a little bit down the pecking order in the queue. We look forward to bringing you high quality merchandise and paraphernalia with which you may “ride with pride.”
CETO FOUNDATION
The Crystal Elephant Token Foundation
“Money for good. UBI for all.”
As you can tell, we have pretty big ambitions. Under the umbrella of the CETO Foundation as an organizing principle, we invite the community to share in our ideals for a robust, self-sustaining CETO economy that will lead to substantial passive income for all involved.
The CETO Foundation will be your home for all product pages for our various programs, games, and initiatives. Additionally, we will offer a premium membership that will not only demonstrate your loyalty to our culture of profitability through patience, but also return substantial monetary rewards.
While our official site CETOFoundation.org is under construction, allow me to share some of the benefits of becoming a CETO Foundation member:
- vote on certain proposals (i.e. projects to pursue, new features)
- 1 wallet address = 1 vote
- early, VIP access to new projects (testnet) and ability to provide actionable feedback
- DISCOUNTED Ambassador List status to any eligible DeFi project we launch in the future
- exclusive, restricted access to some contests and games (i.e. smaller Big Tent Event just for CF members
- dividends from Foundation Pool (more below)
- Merch at cost (20–35% discount)
- newsletter with our long-term roadmap partially revealed, insider info
Foundation Pool
In order to finance our ambitions, we need your help. While the details are still being hammered out, the CETO Foundation is excited to bring to you an innovative, slightly controversial vehicle to not only fund new development leading to high-volume transactional activity for the CETO contract, but also make you money.
How It Works:
- Foundation Pool acts like a super-user of CETO, in that its wallet address earns dividends from CETO, just like everyone else
- buy FP tokens with CETO
- owning Foundation Pool tokens will be akin to owning shares of a stock
- price of tokens will only go up because…
- the user can NEVER sell
Think about that one for a moment. Why would you ever buy into a token if you could never sell??
As the primary purpose of the Pool will be to finance active development, we anticipate the account’s funds to be in constant flux. Allowing investors to sell at any time would defeat the purpose of the fund. Should a big investor cash out after necessary revenue is received by the Foundation Pool from our development work, it would hamper future development. Because of the sheer volume of the games and products being pushed out the door from the CETO team across 3–4 different blockchains, the revenue and admin fees coming to the CETO Foundation Pool will result in so many daily dividends, selling will be an afterthought.
What does that look like? Example:
1,000,000 TRX comes in as revenue.
- 100,000 TRX (10%) goes directly to the CETO contract
- 450,000 TRX (45%) goes back to the fund for developing new games/products
- 450,000 TRX(45%) goes out proportionally to CF tokenholders as dividends
Dottie, if I can’t sell, what can I do with Foundation Pool tokens?
Earn dividends. Reinvest them for even more Foundation Pool divs. Withdraw your dividends. Or, if you are tired of making money, you may transfer your tokens to another wallet.
But Dottie, why host the CETO Foundation Pool in Tron (TRX)?
Tron has some of the lowest transaction fees in decentralized finance (DeFi) right now. To keep our barrier to entry low, we continue to embrace the accessibility of the Tron blockchain.
Additionally, we wish to reward you, the early adopters of the CETO contract. We realize Tron isn’t as popular or widely listed as bitcoin or Ethereum. The community that has sprung up around our little Tron platform has been inspiring. We want to reward a bit more the holders of CETO-Prime — and especially those who endeavor to acquire CETO Foundation membership.
Why have the CETO Foundation Pool in only one chain, Dottie?
While the Herd is strong, we’re not Amazon. Besides creating unnecessary confusion with multiple Foundation Pools, it would dilute the brand we are trying to build if we spread ourselves too thin.
This goes double for the amount of revenue that would come into one centralized Foundation Pool versus three. While there is a slight possibility that the cross-chain revenue trickling into the Foundation Pool may cause competition between chains, we are confident in the strength of these forthcoming blockchains that the value they provide their platforms will continue to speak for themselves; we wouldn’t have expanded to these platforms if they weren’t strong enough to stand on their own. And, of the three, Tron has the lowest profile, with plenty of room for CETO to grow into the Elephant in the TRX Room.
As we are platform agnostic, we do not rule out the potential of migrating our Foundation Pool funds to a more efficient, profitable blockchain. As we are all explorers in the New World of blockchain tokenomics, we reserve the right to change our minds about any of this before we launch.
Next Steps
Saddle up
What’s next? We are constantly working to improve the user experience, clarify our copy and our thinking, while always being as transparent as we can be (for an anonymous team).
You? Keep doing what you’re doing: engaging in our Discord community, sharing your referral link with friends, and auto-reinvesting those divs! Look for continued communication around these forthcoming projects in our official social channels and, well, here. Medium will be our temporary home for longer form communication with the Jungle.
Just when can you expect all this to be done? Let’s say by the end of April 2021 is our ambitious — yet fully achievable — goal. We look forward to your continued feedback, engagement, and support as we move forward in executing our vision.
We ARE the Elephants in the Room!
