Use case for crypto is always a funny topic...
I personally, don't believe people really care about use case. What they do care about is green candles. Take for example Hive in general. It arguably has the majority of use cases out there on any blockchain, but is always tucked away when it comes to market cap in the 100-200's in total volume.
And it hits a little closer to home as well. We have multiple use cases for the CTP token. I'd say, as a token it has some of the most use cases across the entire layer 2 of Hive. However, for whatever reason (mainly I suck at doing my job of marketing it properly!!) CTP often goes unnoticed.
So I was absolutely thrilled when the guys from dropped me a note about a month ago and asked me if the CTP Token would be interested in taking part in their Echo Tamer sale....
Where do we sign up???
And today, they released their brand new Tamer....Echo!
And here's the cool part on our end, you can use CTP Tokens to purchase your own copy of Echo!
I thought it would be a good chance for me to not only highlight this amazing new play to earn game on hive, but also walk you through what you need to do, to use CTP tokens to purchase a copy of the Tamer.
Step One....Sign up to MuTerra!
Easy as logging in with Keychain and you are good to go!
Step Two...Make sure you click on 'Shop' on the top left of the dashboard, and the drop down will read 'Live Sales'.
Step Three....Scroll down until you see Echo in all it's glory! And click on it...
Step Four...This will open up the purchase page for Echo. And there are a ton of options and super cool projects that you can use to purchase a copy of the Tamer.
But for now, we'll use CTP as the example so put in '1' as the quantity in the space provided...
Step Five....Now scroll until you see the option to use CTP tokens.
The cost is 1500 CTP for 1 copy of Echo. MuTerra asked us to pick a price around $10 USD for the Tamer, and because CTP can go up and down, we thought 1500 would be a decent price. It may be more or less than $10 worth of CTP, but here's what happens when you use your CTP to purchase a copy...
MuTerra burns the CTP!
And we know how much people in crypto LOVE themselves some token burn lol
So in the past few weeks, we've been setting up buy orders from CTPX and purchasing CTP off the market, and now we have this token sink in place thanks to MuTerra!
I think that's some pretty cool use cases and attempt to add a ton of value for CTP token holders :)
But of course, I'm kind of biased.....
Special shout out to MuTerra for including CTP in their Tamer Sale and let's see the CTP Swarm step up and burn a ton of tokens and secure themselves a few copies of Echo in the process!