Hi Crearians!
Creary.net’s decentralized proof of creation algorithm issues rewards in tokens that are intelligently distributed among all network participants. This is why, with your activity and your projects, you are constantly earning cryptocurrencies.
The logic of the social network is simple:
1 The posts that are seen in “Popular” are the projects that are highly valued by the community.
2 The more votes your publications receive, the more rewards you will receive and the more visible your work will be on the website.
3 The curation activity (sending likes) is also rewarded.
4 You are the owner of your cryptocurrencies and you can move, use or transfer them whenever you want.
What are the tokens or cryptocurrencies on Creary.net?
Before talking about the tokens that are distributed on the platform, we must mention the CREA coin.
CREA is the main cryptocurrency of its blockchain and the “mother” currency of the tokens that are distributed on Creary.net. CREA is present in cryptocurrency exchanges, and can be transferred between users or used directly as a payment method. CREA is a P2P cryptocurrency that works like cash and can be transferred and stored without the need for intermediaries. It can also be converted into the tokens that appear on the platform and that we mention below:
CREA Energy (CGY)
CGY is the creative energy and an indicator of the power of a user when it comes to voting for content or the witnesses that maintain the network in a decentralized way (DPOS algorithm).
Users can convert their CREA to CREA Energy (CGY) and vice versa. The CGY cannot be transferred to other users.
### What is CGY for?
CGY is a token that grants its holders exclusive powers within the Creary.net platform:
- Greater power in your votes and higher curation rewards:
When users vote for posts, their influence on the distribution of rewards is proportional to the amount of CGY they have. The more CGY a user has, the higher his curation rewards will be.
Also, keep in mind that the more rewards your likes give, your reputation and your earnings as a curator on the social network will be higher. - Obtain benefits as “interest”:
CGY token holders receive daily rewards or “interest” for the simple fact of having the tokens in their wallet. This reward is equivalent to 15% of the total rewards issued by the network. For this reason, CREA Energy holders earn 4% annually. Check this post for more details on this reward mechanism https://creaproject.io/staking-rewards/ - De-energize and convert it to CREA:
The CGY can be transferred back to the CREA main asset for a period of eight weeks, through 8 equal weekly payments. This process is known as De-energizing.
CREA is a liquid asset that works like a currency, with it you can make donations, instant transfers or buy creative resources (Templates, images, music, vector designs, etc.) from other users on the platform.
CREA can be withdrawn from the platform and sent to different exchange platforms where it can be exchanged for currencies such as Bitcoin, Ethereum or USD. Here you can check some of the exchange platforms where you can buy or sell your CREA coins: https://creaproject.io/buy/
### How to get CGY on Creary.net?
- Publishing content on the platform
On Creary, users get rewarded for the votes their content receives.
When a user publishes a project, it has 10 days to collect rewards through the likes it receives. Once this period ends, the rewards collected will go directly to your wallet and will be activated after clicking on the yellow button that will appear in the header of the wallet. - Content curation
Creary system rewards those users who help other projects to be visible within the network through their interactions and votes (likes).
A percentage of the rewards that are issued in a post when voting is distributed to the voter (curator).
Check the yellow button in your wallet section from time to time to collect the curation rewards you earn. - By possession of tokens
CGY token holders receive daily rewards or “interest” for the simple fact of having the tokens in their wallet. - Rewards to witnesses
Witnesses are users who connect their computers to the network to support its constant maintenance and development. Everyone can become a witness to the network. This option to earn rewards is for advanced users. If you are interested in knowing how to become a witness, please follow these instructions.
By default all rewards are issued 100% in CREA Energy (CGY). In the Settings section, you can modify the percentage if you want to receive 50% CGY and the other 50% in CREA Dollar (CBD)
How to increase your CGY instantly?
You can get an abundant amount of CGY in a moment, obtaining CREA on the exchange platforms where the currency operates. In this link you will see the different platforms where you can purchase CREA, you will also find tutorials to help you in the process: https://creaproject.io/buy/
Recommended:
If you are not a user familiar with the environment and the interface of an exchange platform, you can get CREA directly and in a few steps with your credit card using the https://onecomet.co service.
Once you have obtained your CREA, all you have to do is select the “Energize” option in your wallet and you will have your CGY at the moment
## CREA DOLLAR (CBD)
CBD or “CREA-based dollar” is a token that is intended to have a price correlation of the CREA with the US dollar.
Users can transfer CBD at any time. The conversion rate is calculated using the market price. If the value of CREA is 10 cents, a CREA Dollar could be exchanged for 10 CREA. This is why its price always tries to stay stable and close to the value of 1 USD.
### What is CBD for?
CBD is a token that gives its holders some advantages within the Creary.net platform:
- Purchase of creative resources and digital goods:
The Creary ecosystem is designed so that, in addition to acting as a social network that rewards its users, it also works as a decentralized marketplace for digital goods.
You can buy resources from other users such as: stock photos or videos, logos, templates, fonts, mockups, etc.).
These purchases can be made in both CREA and CBD. - Promotion of projects on Creary.net:
CBD is the only token that can be used to promote content in the Creary.net’s Promoted section. These promotions work as an auction: the content that contributes higher bids will obtain greater visibility and therefore, will have more opportunities to be voted. - Exchange for CREA in the internal market of Creary.net:
To start exchanging CREA / CBD, go to this link. You can also find direct access from the right side menu of Creary “Token Market” or by clicking on the balances of your wallet. You can find detailed information in this article: https://creaproject.io/creary-net-opens-the-crea-crea-dollar-cbd-exchange/
CREA can be withdrawn from the platform and sent to different exchange platforms where it can be exchanged for currencies such as Bitcoin, Ethereum or USD. Here you can check some of the exchange platforms where you can buy or sell your CREA coins: https://coinmarketcap.com/currencies/crea/markets/
- To have stability in the value of your rewards.
CBD is a token based on the price of the Dollar, for this reason its value is more stable against the volatility of the cryptocurrency markets
### How to get CBD on Creary.net?
- Publishing content on the platform
In Creary, users get rewarded for the interactions their content receives.
Creary also offers an internal system to promote content so you have more exposure.
When a user publishes a project, he has 10 days to collect rewards through the likes he receives. Once this period is over, the rewards collected will go directly to his wallet (yellow button). - Publication downloads
Creary offers its users the possibility to set a price per download for the content they publish. This means that any user will be able to obtain economic income for each sale or download that their publications or digital goods receive. - Content curation
Creary system rewards those users who help other projects to be visible within the network through their interactions and votes (likes).
A percentage of the rewards that are issued in a post when voting is distributed to the voter (curator).
Check the yellow button in your wallet section from time to time to collect the curation rewards you earn. - Rewards to witnesses
Witnesses are users who connect their computers to the network to support its constant maintenance and development. Everyone can become a witness to the network. This option to earn rewards is for advanced users. If you are interested in knowing how to become a witness, please follow these instructions.
### How to increase your CBD instantly?
You can get an abundant amount of CBD in a moment, obtaining CREA on the exchange platforms where the currency operates. In this link you will see the different platforms where you can purchase CREA, you will also find tutorials to help you in the process: https://creaproject.io/buy/
Recommended:
If you are not a user familiar with the environment and the interface of an exchange platform, you can get CREA directly and in a few steps with your credit card using the https://onecomet.co service.
Once you have obtained your CREA, all you have to do is go to the CREA/CBD market to get your CBD:
https://creary.net/~market
### How do I get more information about creary.net and how its ecosystem works?
Visit theFAQ's section
Visit the CREA Network website
Join the Creary community on Discord or Telegram where anyone on the team or member of the community can help you answer your questions.
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