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A RESIDUAL GROWTH PROJECT 

REVOLUTIONIZING THE TRON NETWORK

 

A trade desk that works on behalf of the community

INTRODUCTION

 

“I’ve always wanted to run a fund of sorts. When Tron launched its mainnnet, I though crypto would be a great way to start.  CityUptake is format where token holders benefit from swings in the price of TRX without risking all of one’s investment. Holders earn a lucrative residual while maintaining the security of a guaranteed right of withdraw at a 1:1 exchange.”

Signature-

Jason Lavender I Founder 

THE PROBLEM

Holders of TRX miss out on the gains that can be made each day trading on the daily price fluctuations. Instead, holders earn a small benefit from supporting the community through voting for Super Representatives.

OUR SOLUTION

Do both! Support the Tron Network by freezing and voting and gain from daily price fluctuations.  

Buying CITYUPTAKE helps fund a Trade Desk that shares the gains with all token holders weekly while continuing to support the TRON community through voting for Super Representatives.

THE CITYUPTAKE ADVANTAGE

TRADE DESK REWARDS

The Trade Desk is an actively traded account on Binance that is separate from the TRX that is used for voting. Currently, the Trade Desk has more than 6,00,000 TRX which are traded daily. We strive to earn 3-5% weekly. 

Trade Desk rewards operate on a fee-based model that is price inclusive.

Trade Desk rewards are not guaranteed but provide our token holders with access to a significant residual return on their TRX. Trade Desk rewards are shared weekly.

The trade desk is how CityUptake is able to provide the among the greatest rewards of any TRON project or SR to date. Currently, buyers that purchase CITYUPTAKE at a rate of 1.35 (TRX): 1 {CITY) have made about 3x’s the rewards compared to voting for SR’s alone! 

A 1% fee is assessed each week on all rewards.

SUPER REPRESENTATIVE REWARDS

Your TRX is frozen and used to cast votes for the SRs which provide the best rewardsWe extensively research the reward structures and monitor current vote totals to put your votes to work in the most beneficial manner. Rewards earned from the diversified SR portfolio are paid out in proportion to your CITYUPTAKE holdings. Rewards are distributed daily UTC 0:00.

CITYUPTAKE tokens may be exchanged anytime at a 1 :1 ratio. Every CITYUPTAKE token is backed by 1 TRX coin. We do nodilute our products value through the use oairdrops or giveaways. 

To exchange your CITYUPTAKE, simply send to the tronscan.org address listed on our website. Since your TRX is safely frozen, it may take up to three days to facilitate the transaction. 

Consistent Rewards

Dilution is an issue that long-term voters for SRs will have noticed.  As the number of votes for an SR grow larger, the rewards shared to each voter grow smaller.

The Trade Desk fee to access rewards ensures that any changes to weekly trade desk rewards are due primarily to variation in gains made each week through daily trading.

All new CITYUPTAKE that enters circulation carries a .25 fee that feeds the trade desk.  Please see the chart linked here that illustrates an actual reward history for a wallet with 100K CITYUPTAKE.  You can see the stake percentage dropping rapidly while rewards remain consistent.

CITYUPTAKE HISTORY

LAUNCH PHASE

September 6, 2018, CITYUPTAKE launched a Trade Desk that shares the increases of a dedicated Binance account with the owners of CITYUPTAKE. The Trade Desk was funded by CITYUPTAKE founders during the ICO phase with a cap of 1 million TRX. The Founders dedicated 25K TRX to the Trade Desk for every 100K CITYUPTAKE sold. During this phase, every TRX traded for CITYUPTAKE went straight to the voting pool to support the SRs that provide the best rewards to their voters. The price of CITYUPTAKE during this was 1 TRX.

AGENT PHASE - OCTOBER 6, 2018

Agents now facilitate trades for the CITYUPTAKE token. Holders with greater than 100K CITYUPTAKE were invited to submit KYC documentation in order to represent CITYUPTAKE. To fund Trade Desk growth, CITYUPTAKE’s price was increased to 1.35 TRX. The TRX will be applied as follows:

AGENT REQUIREMENTS ​

  • Minimum 100,000 CITYUPTAKE stake prior to cap
  • KYC verification with CITYUPTAKE
  • Signed Agent documentation

Agents may sell the CITYUPTAKE at prevailing market prices. Anyone who chooses to purchase tokens outside of the guidelines set above is assuming all risk associated with that purchase. CITYUPTAKE and its affiliates assume no responsibility for any theft or misrepresentation from the sale of fake CITYUPTAKE. In an effort to protect our current and future holders from potential scam tokens, the most similar variations of CITYUPTAKE have been purchased and locked away. 

At this time, CITYUPTAKE is not adding additional Agents. At some point in the future, yet to be determined, new Agents that bring needed skills may be considered.

HOW DOES THIS AFFECT THE CIRCULATING SUPPLY

Only agents are authorized to purchase CITYUPTAKE from the holding address at the Agent-price of 1.25 TRX. This means only new purchases facilitated by an Agent at the Phase-2 price will increase the circulating supply. To ensure that only Agents receive new CITYUPTAKE, each agent’s wallet address is registered with CITYUPTAKE. Each CITYUPTAKE is still backed by 1 TRX and can be exchanged 1 :1 upon request.

ADVANTAGES OF THE AGENT MODEL

Purchases facilitated by Agents allow for the safe and confident purchase of CITYUPTAKE token without fear of scams or fake coins. Our Agents post #autosell options via the SEEDit bot in our telegram group that allow secure trading as the group is monitored 24/7. Anyone buying can verify agent status on the CITYUPTAKE webpage or this document. 

If privacy is preferred, wallet-to-wallet transfers can also be facilitated. An auto exchange is coming soon.

CITYUPTAKE HOLD ADDRESS

TQ5qpcvtruNdYwokc3JHGb6dzuYMbam485

CITYUPTAKE VOTE ADDRESS

TUsTUrKVE1QL5ZNM4rCZ7Ld9G3vGxtbHCK

GRAND GOAL - TOP 27 SUPER REPRESENTATIVE

We are taking an untraditional route to achieve SR status by not promising rewards from Voting. SR Rewards will come via an ever-growing Trade Desk.

As CITYUPTAKE grows, so does the SR voting portfolio, which is currently around 23 million votes. Through this organic growth, the top 27 is an attainable goal for Q4, 2019. Each new purchase of CITYUPTAKE brings the project one step closer to having enough votes to make SR status.

CITYUPTAKE SR REWARDS

Unlike traditional SRs that reward voters with daily block rewards, CITYUPTAKE will use the daily block rewards to fund the Trade Desk growing the weekly Trade Desk rewards for all CITYUPTAKE owners. Members of the CITYUPTAKE community are also encouraged to use remaining liquid TRX to vote for its SR. While there will be no daily rewards for the votes cast, the extra votes translate into higher block rewards which increases the Trade Desk and ultimately the weekly Trade Desk Rewards.

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SR PORTFOLIO VOTE STRENGTH

ROAD MAP

ESTABLISHED THE FIRST ETF

CITYUPTAKE established the first diversified Tron Network service with a focus on holders right to access rewards from SR portfolio and a Trade Desk. Token created by Jason Lavender

July 14, 2018

HARD CAP MET

  • Launched the Trade Desk 
  • 4.3 Million Hard Cap Met
  • Trade Desk at 1 Million TRX
  • Rewards Surpass 30K TRX 

September, 2018

AGENTS JOINING

  • 14 Agents join the team
  • Rewards surpass 40K
  • Round 2 Funding Begins at 1.35 TRX

October 10, 2018

LLC REGISTRATION

  • Business name filing paperwork initiated. 
  • SR "mrlavman" created on TRON NETWORK
  • Telegram Channel, 500 members

October, 2018

CONTINUE AGENT-PHASE FUNDING

  • Discontinued CITYUPTAKE Post project.
  • Sponsorship of the Community Node SR. Dropping 1.2 million TRUC to each CITYUPTAKE individual. (Feb 14 - July 14)   
  • Continue Agent-Phase Funding
  • Telegram Channel, 923 members

Q1, 2019

BTT, TRUC - DROP

  • BTT airdrops are passed on to the verified token holders per Tron outline in legal.
  • TRUC token drops are planned to start February 14 to celebrate first anniversary of CITYUPTAKE. First drop of 200k TRUC to each verified individual is completed.

February, 2019

MEMBERS AREA

  • Members Lounge
  • Telegram Channel 1000 members

Holding CITYUPTAKE will give users the right to access our brand new members area where premium services, goods and content of CITYUPTAKE will be avaliable. 

Q2, 2019

CITYUPTAKE - Your Super Repesentative!

  • Block rewards funds the Trade Desk
  • Weekly Trade Desk rewards grow from Sales and SR Block Rewards 
  • Vote "mrlavman" with liquid TRX to boost Trade Desk 

Q2, 2019

110 MILLION CITYUPTAKE TOKENS SOLD

  • Continue to offer the best rewards on the Tron Network
  • Growth SR porfolio to the point where SR status can be earned by Owners of CITYUPTAKE 
  • 110 Million CITYUPTAKE tokens SOLD
  • Additional technical and Support staff hired to prep for SR bid 

Q2 - Q3, 2019

FUTURE ENHANCEMENT

We are working hard on future development and integrations. Future updates will follow.

Q3 - Q4, 2019

“The stock market is a device for transferring money from the impatient to the patient.” 

-Warren Buffet

“Read 500 pages like this every day That’s how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it. “

-Warren Buffet

Michaela Lavender – CFO of CITYUPTAKE

For the last 10 year, Michaela has assisted Jason with his trading activities monitoring and recording transaction data. She currently works for a local newspaper doing graphic and layout design. Michaela will be utilizing her experience with the local newspaper to achieve the goals of CITYUPTAKE Post. In addition to her newspaper work, she has excellent skills in customer service, scheduling, filing, and communicating with customers. She performs these duties every day and will implement these skill to achieve all the goals of CITYUPTAKE.