Since its inception, the crypto industry has been viewed as a shady and harmful element of the internet. To date, many people believe that the crypto world is synonymous with greed and scams from con artists.
However, CryptoPositive, LLC (CPTX) is here to change this perspective of the cryptocurrency market. Rather than being a vessel that facilitates the pumping and dumping of digital tokens, cash grabs, and rug pulls, CryptoPositive, LLC, seeks to provide a safe and reliable platform where users can assist those in need.
About CryptoPositive, LLC
CPTX aims to draw in and engage with businesses and investors and develop relationships with several non-profit organizations. It will produce a token that provides its holders with various incentives while giving all profits/proceeds to various charities.
The token will also create an interactive and exciting environment geared to transform the lives of as many people as possible who can stand to gain from such cooperative crypto community efforts.
Essential Utilities of Crypto Positive
As stated in the project’s whitepaper, there are several CryptoPositive utilities, which we will discuss in detail below. Note that the creation of each utility takes into account the financial constraints and time to market. So far, the team has already released the branding for the wellness services.
- Encephalon Wellness Services
Originally referred to as the ‘Meta Wellness,’ this is a subscription-based service with several packages and consequent tiers. The services will be available on three platforms: the virtual center, the new website, and Discord
- Encephalonws.com (website)
Our new, redesigned, and duly registered website is currently under construction. It will incorporate all the services offered and a concise form of the virtual center.
- Virtual Wellness Center
There will also be a fully interactive virtual wellness center that offers users a safe space for advocating for mental health, general mindfulness, and overall physical health.
- Discord Wellness Service
The project seeks to enhance the Discord experience for its followers by adding a subscription tier for wellness support and needs.
- NFTs and NFT Marketplaces
Crypto Positive will integrate with existing NFT marketplaces or/and create its very own NFT marketplace. Furthermore, CPTX will offer its own NFTs that will help the community in various ways like increasing reflection rewards, speeding up BB&B, and generating revenue for charity donations to its Charity Collector.
The project aims to partner with other crypto projects and/or build its own set of games that will reward players with CPTX while also generating charity contributions. CPTX will deliver games that encourage brain activity to improve cognitive development, psychological health advantages, and other benefits acquired via gameplay.
There will also be a staking platform that enables CPTX holders to earn more CPTX and even gain USDT rewards. However, part of USDT will go to charitable donations. Note that the amount of CPTX tokens earned depends on the duration of staking and the available APY.
- Token Support Services
The project aims to establish other revenue-generating services for its users to support other token services. Apart from benefiting charitable donations, some of these services will integrate BB&B functionalities and incentives.
The CPTX Token
The CPTX token was launched via the Reflex Legion Launchpad. The launch took place via a Private sale finalized after the sale of 434BNB. There was also a pre-sale event via whitelist that concluded after selling 120T. Given that the token’s HC was not met, there was a public pre-sale event which was followed by an ICO on Pancake Swap a few hours after hitting the hard cap of 250BNB. The ICO was held at 350B CPTX for every BNB.
The CTX token will charge a 22% reflection fee. The following is an overview of CPTX token fee distribution:
- Holders: 8% in the form of USDT
- Charity wallet: 5%
- CPTX Burn and Buyback: 4%
- Operational expenses: 3%
- Liquidity pool: 2%
Note that these numbers are due to change once the project hits certain milestones, as explained in its whitepaper.
The following are the tokenomics of the CPTX token after ICO.
- 17% went to the liquidity pool
- 17% went to the charity wallet for purposes of weekly contributions to the CPO
- 8% to the operational wallet for research, event planning, staffing, marketing, and utility development
- 4% to the CPO for discretionary allocation
- 4% to Rematic Tokens, LLC, for ongoing project support and organizational creation
To help its community understand its goals, CryptoPositive, LLC, has shared its roadmap. However, exact dates will be released via the website. The developing team has already released the second version of its white paper with several updates concerning its pre-sale events and ICO. The project has also released the branding of its wellness services.
In addition, it has managed to make four charitable contributions ranging from $5,000 to $5,100 to various non-profit organizations. Below is a list of the non-profit organizations where donations have been made to-date:
- The National Alliance on Mental Illness(NAMI)
- Action Against Hunger
- International Relief Teams
- Starlight Children’s Foundation
At the time of writing this CryptoPositive, LLC review, the project is finalizing phase 2 of its roadmap. Keep an eye on this review for the latest updates as this innovative project unfolds.
From the numbers provided in the project’s whitepaper regarding its sale events and ICO, it is clear that CryptoPositive has attracted a growing number of investors and charitable organizations. By providing a new and innovative perspective on the crypto space, we can see why this project is gaining as much attention as it is. Follow its Telegram and Twitter pages for more information on this exciting initiative.