Anyone who holds 333 CGNW tokens will have their masternode link activated. Whenever someone purchases with your masternode link, you receive ETH rewards valued 33% of the 25% buy-in-fees that would otherwise be paid to all token holders. This applies to new buys, not re-ups.
When someone buys, sells, or transfers CGNW tokens, 25% of the transaction value is split between the total number of tokens held, and is rewarded as Ether to all token holders, based on how many CGNW tokens they hold. The smart contract regulates token value and circulating supply. The price changes 0.2% higher upon buy, or 0.2% lower upon sell. Tokens are created on buys, and destroyed on sell. Craig Grant Now is a clone of P3D smart contract game, thank you for playing... Craig :)
Holding at least 333 CGNW tokens has activates your masternode link. Whenever someone purchases with your masternode link, you receive ETH rewards valued 33% of the 25% buy-in-fees they would otherwise pay to the contract. This aplies to new buys, not re-ups.
The smart contract allows you to convert your ETH into tokens, increasing your ability to earn more ETH. At any time, you can sell your tokens back to the smart contract for the current price, or withdraw the ETH rewards you've accumulated. There is zero guarantee you will earn ETH playing this game, and zero guarantee you won't lose the ETH you play with. This game is intended for entertainment purposes only.
The value displayed is the amount you will recieve after selling. If you spend $100, the 25% fee for buying reduces it to $75, and if you sell immmediately after buying, the $75 would be charged a 25% fee, reducing it to $57.What is a Smart Contract?
A smart contract is a software program submitted to the Ethereum (Eth) network upon launch of the CGNW token. The smart contract handles all Eth and tokens autonomously, and its calculations and functions are confirmed across thousands of computers across the world.
A smart contract, once deployed, is immutable, which means that the code cannot be changed. If the main site is down, you'd be able to use backup sites to perform all the same functionality. And even if every single web front-end was down, the contract powering everything would still be fully operational and could be interacted with directly.Do developers have access to the funds?
The development team did not program in a way for them to access the Eth or tokens in this game. It is run entirely 100% autonomously by the code you can read open-source on the smart contract. There is no private key to the smart contract.
Is there a step by step tutorial on how to get started?
Is there a cell phone app step by step instructions?
Is there a step by step tutorial for hosting a copy of the cgnow exchange?
Have fun, be free :)