What is your opinion about CPD Token?

[DutchDemon]

Fact Sheet

Total Supply is 21 million CPD Token - https://etherscan.io/token/0x034c46cfafdecc9956e4283c1ae0d913c7d26fee.

Airdropped to Bitcoin HODLers at last Block halving, i.e. at https://blockchair.com/bitcoin/block/629999.

Auction continued for 7 months and ran campaign on Bitcointalk - https://bitcointalk.org/index.php?topic=5253785.0.

Genesis Distribution was on January 3, 2021

i. https://etherscan.io/tx/0x8480136529fdf756a0d66594bd7cdb6a0abcaef6543cf73214e6694e2c9291f6

ii. https://etherscan.io/tx/0x0b7bcdc8eff97cde77b98a6f70524e7e44054d88ef400d17e7ea7c2572322440

Famous for 100 ETH Puzzle - https://bitcointalk.org/index.php?topic=5240826.0.

Currently trading on Uniswap @ ~ 10 GWEI/CPD - https://app.uniswap.org/#/swap?outputCurrency=0x034c46cfafdecc9956e4283c1ae0d913c7d26fee

Pair Statistics - https://info.uniswap.org/pair/0xae67f2599d37b9226341a8a3d98555d6b5339ea0


Question

So, what do you think should be done with it?

a. Buy

b. Sell

c. HODL


p.s. I got some free CPD Token as Bitcoin airdrop at halving.

[Coin_trader]

Am I missing something? This a ERC20 token so how it will airdrop to all BTC holder? Will you mind sharing the website of this token to see its use case. I have BTC stock on my casascius last halving so I'm interested if I can receive this token. LoL

[DutchDemon]

Am I missing something? This a ERC20 token so how it will airdrop to all BTC holder? Will you mind sharing the website of this token to see its use case. I have BTC stock on my casascius last halving so I'm interested if I can receive this token. LoL

CPDProject.com. You can't have it anymore, because you needed to register your ETH address at their website before halving and sign a message with your address to prove ownership of your coins. Process was similar to HEX & MWC. Incidentally, both HEX & MWC did moonshot.

I learned about CPD Token from here - https://www.reddit.com/r/BitcoinAirdrops/comments/fmq9eg/airdrop_crypto_powered_development_project_cpd/

[Xardasim]

Distribution Statistics
Airdropped to Bitcoin Holders  215565.33366200 CPD

Earned through Referral  21173.66040319 CPD

Total Amount to fund Development and Marketing  10381630.50296745 CPD

Total Amount to be Auctioned  10381630.50296736 CPD

The project seems a bit complicated. I have never seen such a distribution in any normal project. 1mil tokens have been distributed to marketing, whereas for holders this was only 215k. Also, there are strange situations where ETH-based tokens are given to BTC holders. If I were you, I would not want to waste time with this kind of project.

[lumokupong21]

I personally wouldn't waste my time with this kind of project. if I get a CPD token I immediately sell it while there is still a price. Because I see this token there is no long-term prospect for the future?

[lumokupong21]

in my opinion, the CPD token does not have good prospects for the long term, if you get a free token from airdrop, you better sell it now while there is still a price

I totally agree with the opinion of friends, if there are free tokens that we have for free, and there is no potential, it would be good to sell them immediately while there is a price ..?

[Lender]

Currently trading on Uniswap @ ~ 10 GWEI/CPD - https://app.uniswap.org/#/swap?outputCurrency=0x034c46cfafdecc9956e4283c1ae0d913c7d26fee

Pair Statistics - https://info.uniswap.org/pair/0xae67f2599d37b9226341a8a3d98555d6b5339ea0

If you are a moonshot hunter, any low cap cheap token like this is a Buy. It is a no brainer.

Also, I think, this tool is better for visualization, which is also signalling Buy.

https://www.dextools.io/app/uniswap/pair-explorer/0xae67f2599d37b9226341a8a3d98555d6b5339ea0

[DutchDemon]

Distribution Statistics
Airdropped to Bitcoin Holders  215565.33366200 CPD

Earned through Referral  21173.66040319 CPD

Total Amount to fund Development and Marketing  10381630.50296745 CPD

Total Amount to be Auctioned  10381630.50296736 CPD

The project seems a bit complicated. I have never seen such a distribution in any normal project. 1mil tokens have been distributed to marketing, whereas for holders this was only 215k. Also, there are strange situations where ETH-based tokens are given to BTC holders. If I were you, I would not want to waste time with this kind of project.

That's incorrect understanding. 10m+ token is allocated to fund Development and Marketing. Almost all of it is still sitting on the genesis address - https://etherscan.io/token/0x034c46cfAFdeCc9956e4283C1AE0D913C7D26FeE?a=0x8f4f50f168411b8f97271c201d11b86d5b9d9fff. They are yet to publish the action plan detailing governance, staking and development roadmap, where this fund will be used.

BTC HODLers got coins in 1:1 basis. The claim amount is similar to MWC & HEX.

[Kabul]

Im surprised that they run a lot of campaign to attract users on bitcointalk like this. However, honestly, this coin have never reached me and thus, I have no information about it. According to my experience, buying a coin with zero volume bring only bad results. Even if it is a promising project, being dead on the exchange is likely to be a boring project which investors dont care about. Low liquidity can give you a bad experience. There are numerous of auspicious projects out there. Why dont you just pick a one in top 200 of coinmarketcap

[SpanishSoldier]

Im surprised that they run a lot of campaign to attract users on bitcointalk like this. However, honestly, this coin have never reached me and thus, I have no information about it. According to my experience, buying a coin with zero volume bring only bad results. Even if it is a promising project, being dead on the exchange is likely to be a boring project which investors dont care about. Low liquidity can give you a bad experience. There are numerous of auspicious projects out there. Why dont you just pick a one in top 200 of coinmarketcap

If something is already in Top 200 of CMP, it is not going to do 100x anymore. Action happens on UniSwap before such big listing.

As per https://www.dextools.io/app/uniswap/pair-explorer/0xae67f2599d37b9226341a8a3d98555d6b5339ea0 data, CPD price has floated between $0.00002862 to $0.00084539. That is like 30x movement. Currently, it is $0.00012536 and there is huge room for growth. As per https://info.uniswap.org/pair/0xae67f2599d37b9226341a8a3d98555d6b5339ea0, liquidity is also steadily rising.

Moreover, they have recently published staking & governance, which is creating demand for the token.

Overall, I can foresee positive price movement of CPD Token in near future.

[Lender]

Currently, it is $0.00012536 and there is huge room for growth.

Currently, it is $0.00020238. Low liquidity is still a problem. But, interestingly, very few are selling. It is a great time for small players to get in.

Also, those who are thinking long term, should read Crypto Powered Development Project's Staking and Governance details...

Staking: https://cpdproject.com/staking.php

Governance: https://cpdproject.com/governance.php

[Fivestar4everMVP]

I came across this project during their airdrop to bitcoin holders days, I didnt have any bitcoin so I didn't participate in the airdrop, I didn't participate in their auction either cus I don't have any clear understanding of the project or what they want to accomplish, but I've been following the project closely and I did say that Many times, I've tried to buy the token from uniswap cus it's cheap, not because i have any feeling the project will be successful in the future.
To be sincere, I don't really think the project owner or owners are serious about the success of the project, I see lack of full interest on their side and this is why am still hesitant to buy the token on uniswap.