What is the CTP Token?
The CTP Token is a tribe token around ctptalk.com. It's a project run by @jongolson that unites a community of affiliate marketers.
What is interesting about this community is that most of the users are pretty new to everything that is blockchain or steem. The tribe is a kind of entry point into the crypto world. For us steem users it can also be considered as a way to communicate with people that are rather outside of the steem ecosystem. Most of these affiliate marketers have their own websites, their own blogs, there landing pages and lists. Being able to have a leg both in their world and in the crypto world, they will be able to work as a bridge for both sides to communicate together. What they learn on steem will find a way to their own lists, filled with people that do not know steem. At the same time their knowledge from outside of the steem world is brought into our community.
Why I believe it is a good idea to stake CTP Tokens
As I said before, this community might be a bridge between the steem world and their own world outside of steem. This is not only a hypothesis, it has already some very clear use cases that I would like to present here. This community has developed a payment processor called Fire-pay that allows site owners to accept the CTP Token as a means of payment. This means that the CTP Tokens can be used on several websites to purchase products or services. Since this community is rotating around affiliate marketing, you can mainly buy traffic at the moment. In this post you can find a list of websites that accept this token as a means of payment.
Imagine now what this community of internet marketers has discovered:
I can actually earn tokens while posting content to promote my business on steem. With the ctp tokens that I earn, I can buy additional traffic to promote my list or affiliate offers throughout the internet.
For these people, the CTP Token has become a multiplyer and it is not surprising that the price of the token has seen a very interesting development lately.
Because of the fact that there will be a constant demand for this token and that people will stake it to get even more tokens to pay for traffic packages, I believe that it is a great idea to start staking CTP Token now. Even if you are not an affiliate marketer, you might profit from the increasing price. Who knows maybe you need to buy traffic one day or you want to send e-mails using a service like listnerds and then you could simply use the CTP tokens to do so.