Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [REBOOT] CWXT- CRYPTOWORLDX- REBOOT/RELAUNCH-ADD MASTERNODES
by
cryptoworldxtoken
on 03/10/2017, 18:45:34 UTC
hi,

when was/is the swap ?? and what will the ratio be ??


Swap will be in November. We have confirmed that it will be hosted on Nova Exchange at a 3:1 Ratio. A masternode on the new block-chain will require 50,000 tokens, so 150,000 CWXT before swap out.. The ticker symbol will change from CWXT to CWX with the swap out aswell. We have a press release being announced later this week. Feel free to jump to our telegram for instant communications http://t.me/cwxtcryptoworld . Stay tuned!
Following the announcement of the development take-over
Our new developers will begin implementation of a MASTERNODE network. This masternode function will reward master-stakers an allocation of 30% of the block rewards. This means by possesing 100,000 CWXT at any given time in your wallet, you will earn 30% extra than what you earned holding the lower amount.
We felt this was a fantastic way to reward the large supporters of our network and an excellent encouragement towards stakers who are near the threshold to assetize more of their protfolio for higher short-term rewards.

Masternode Requirements-
1 Masternode will require 100,000 CWXT to operate
Masternode Stake rewards will be set at 30% of daily staking pay-out ,distributed to masternode holders on daily basis.
~Example~
Current Stake rewards - 28,800 tokens divided amongst stakeholders per day. 10 tokens per block with 30 second block time.
30% of 28,800 daily Stake Rewards pays-out 8640 CWXT divided to Master Node Holders.
20,160 CWXT remaining to be divided amoung Regular Stake Holders, including Master Node Holders.
Which of those is correct?
100000?
150000?
next
200000?

No, there was an error in the original post and I got locked out so am unforunately able to change it...I am posting a new ANN once I am able to submit photos.