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If you have recently discovered CITYUPTAKE, you will see various references to the “Trade Desk”, which may cause some confusion.  It bears explanation because the Trade Desk is the heartbeat of this project, and many people wonder how the estimated weekly rewards are possible.  First, some background. The founder, Jason Lavender, is an experienced day-trader of 12 […]
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DHOLT_EP

David Hohnholt

My family is paramount to me. Both my wife and I teach for the local school district and enjoy the time it affords for trips with our girls. 

Crypto is a hobby that became a passion once I joined the CityUptake team.  It has been a real pleasure working to establish a company that offers the potential to positively impact any family that holds CITYUPTAKE. The weekly residual from my CityUptake holdings has already begun making a difference for my family.

 In my spare time, I like to explore the Franklin Mountains on the numerous bike trails that are available.  I also serve as Treasurer of two local non-profit organizations

Why the 1:1 and right-to-access business model

The reason for a guaranteed 1:1 exchange and upfront cost is it protects holder TRX from risk of loss. Since the trade desk is owned and operated by CITYUPTAKE, it is not considered holder funds so no holder TRX is at risk. This allows us to not be regulated as an investment company or be considered a security as no holder funds are at risk. The key to the utility token designation is the 1:1 peg and right-to-access model. 

This means CITYUPTAKE can function within the difficult and unclear crypto space.

The moment holder funds are at risk of loss, the entire platform comes under additional regulatory scrutiny. This is also why we have no guarantee of rewards and a pegged price of CITYUPTAKE to TRX where it is not listed on an exchange.

The only significant promise is the exchange of one digital ledger entry for another on a functioning Tron Blockchain. In other words, the 1:1 guaranteed exchange.

Exchange balance

–DO NOT SEND TRX TO THIS ADDRESS–

–PLEASE USE AN AGENT EXCHANGE ADDRESS–

Exchange 1:1

Send your CITYUPTAKE to:

TH1wA1SBAiBEZsutDEeSbQi8wDMkULWYgj

Please allow up to three days depending on freeze times on SR wallets