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Author Topic: Cryptassist- Deflation Model  (Read 216 times)

Cryptassist_India

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Cryptassist- Deflation Model
« on: July 30, 2018, 12:11:16 PM »
Cryptassist's CTA is a finite (albeit digital) resource. Each CTA is tracked by CTA’s blockchain which ensures that the information, or data, is stored or shared using sophisticated mathematical and software rules that are almost impossible to manipulate to create more CTA, therefore making the number of CTA  finite.


Cryptassist will offer multiple special services and products for which customers can pay with CTA. The CTA used for these products or services will then be burned, creating a deflationary effect and potentially causing the value of CTA to rise. One Cryptassist alert will always cost $0.01 USD (one cent), no matter how high the value of CTA will go. The CTA used for these services or products will be deducted from the balance in your Cryptassist application.

Cryptassist’s advanced deflation model creates the potential for a considerable decrease in CTA coins in circulation, which can have a positive effect on the market.
Cryptassist will offer multiple special services and products for which customers can pay with CTA. All CTA used within the Cryptassist ecosystem and all CTA used for Cryptassist services and products will always have the same value in USD no matter how high the value of CTA will go.
One Cryptassist alert will always cost $0.01 USD (one cent). This will be deducted from the balance in your Cryptassist application after using a service. The CTA that are used for Cryptassist services will be burned, creating deflation.
For example: If one CTA costs $1 USD, this will give credit for 100 alerts as each alert will cost you $0.01. This means that after 100 alerts there is one less CTA on the market. If the value of CTA is $2 USD this will give a credit for 200 alerts and so on.

Deflation Model Features:
> CTA used for services will be burned.
> Services will always cost $0.01, irrespective of the price of CTA.


 
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pwt22

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Re: Cryptassist- Deflation Model
« Reply #1 on: August 27, 2018, 06:34:37 PM »
Thanks for sharing this with us. This looks like a potential project and the team looks amazing. The deflationary model also seems good enough since the tokens will be burned as they are being paid for premium and the price will keep going up. I hope they support a wide range of product and services to buy with CTA.
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