Crypto Toolbox ($TBOX) Weekly Recap 3/17/2019
This last week has been quiet. I have been working on developing our new site that will list coins and exchanges in a manner that does not require the coins teams to contact us. Instead if the coin is listed on an exchange we will pick it up. Of course the coins team can still provide additional information but this is not necessary to at least be listed on the site with the current price and volume. This new site is going to take a little bit of time to perfect.
So as we have seen in the last week during this time of development things are quiet with the coin and volume. So we came up with an idea to keep things a little more interesting and fresh as we are spending our time developing the new site. We are going to reward our holders with several air drops per day. We like the idea of staking and master node rewards but this is not possible with tokens created on the Waves platform at this time. So I am developing a way to simulate this type of activity using the mass transfer capabilities of the waves API.
Starting sometime later this week once we finalize testing of this new tool, we will begin sending qualified holders of TBOX more TBOX as a reward for holding. We plan to send the rewards about 6 times per day or every 4 hours. To qualify for the rewards you must hold at least 50 million TBOX. I will provide a chart below that shows the APY you will approximately be getting depending on the amount of TBOX you hold. Each reward will continue to increase or compound if you continue to hold.
You MUST hold your TBOX on WavesDex and have 50 million or more to qualify. Anyone holding in a STEX wallet will not receive rewards. Also, the projects wallet will not receive rewards either as this is the wallet that will be sending the rewards. We plan to continue these rewards until approximately 5 billion tokens are distributed to current holders.
We hope that you are as excited as we are about what is yet to come with our new coin tracking site. While you are waiting for us to develop that be sure to capture some rewards for holding TBOX. Also, do not forget to utilize our free exchange alerts, waves and binance alert tools. These are all accessible from our site at https://cryptotbox.com.