About the ETNA project,
I just still find it certainly no hidden knowledge who cryptocurrency with the help of every different missing out on the time of day has become further USO through not to mention advantageous day-to-day, therefore, invent not to mention design latest ventures in relation to their significant creative ideas, frequently for the purpose of many of these ventures could be especially great not to mention good-sized creators.
Besides, a second spectrum through cryptocurrency might be growing, described as Defi, and that has even assigned impetus not to mention progression for ones worldwide recognition not to mention services cryptocurrencies. In my opinion that it can be certainly going to remain consistent, the lies in the possibility that it is somewhat comfortable for people who are actually active through inspiration (celebrities, actors, adventurers not to mention others), mainly because facilitates it to offer for sale the device below the guise from a non-replaceable token.
Typically the gaming marketplace is furthermore growing with the help of easy progression not to mention seeks to create in-asset features not to mention utility bills precisely via the blockchain, and then the ETNA 'network ' can certainly help you and me through this. Because of this by a bit prehistory, allow us to pick up as small as the cornerstone of this work not to mention go over whatever it happens to be not to mention ask me why it again vital?
What is ETNA Network?
ETNA Mobile phone network is mostly a stash this really is with gaming systems, particularly, all the sales agreement about vital properties and assets that include NFT, Game, together with exactly what is with Defi would be implemented.
All of the technological innovations might absolutely revolutionize all the crypto breathing space and additionally get out of control relating to the visitor.
Cyclops Lending is mostly a blockchain supplier that features began to definitely include NFT playing games properties and assets perfectly into a decentralized loan and additionally taking up principle. Making sure of all the integration about lending and additionally games throughout the Ethereum project.
Also, a helpful basic fact approximately while the list ETNA originated from for that plan!
For Artistic mythology, all the Cyclops established itself relating to Mnt Etna, that Cyclops Lending was given all the list for those ETNA mobile phone network to make sure you migrate to make sure you BSC.
The last bull run of 2017 was defined by the initial coin offering craze, which took a turn for the worse with foreseeable consequences for overvalued projects that had little more than a team and a poorly written white paper. While many useful projects were able to blossom from the ICO era, including Ethereum and others, most have come and gone with the wind, leaving thousands of unwary investors holding on to worthless bags of tokens.
A full market cycle later, and there’s now yet another rally that seems to be expanding over multiple sectors of the crypto industry, especially in decentralized finance. A lot has changed since 2017. Regulators have cracked down, investors have gotten smarter and the space has matured.
Although ICOs are still relevant today, having morphed into other forms of fundraising events — like security token offerings, initial exchange offerings and initial decentralized exchange offerings — DeFi and nonfungible tokens, or NFTs, are now the popular kids on the block.
NFTs seem to be the next hot topic in crypto, and while the numbers are still relatively small, engagement and interest seem to be rising fast. It goes to show that the sector has a lot of room for growth.
NFTs are a different class of cryptocurrency tokens. Unlike Bitcoin (BTC) or Ether (ETH), they are used to represent various types of assets that differ in value among themselves. These assets can either be digital or physical. Popular examples include artwork, land or real estate, and even people.
ETNA brings a new way of facilitating a gaming ecosystem leveraging the NFT assets and conventional games onto the blockchain platform. As a DeFi project amalgamating the functions of yield farming and NFTs, Etna now ventures into Lending and borrowing via cryptocurrency networks.
ETNA Lending and Borrowing Functions
The trading platform that also includes lending and borrowing sequences is named ETNA. This dedicated platform runs on the tenets of the Binance Smart Chain and aims to support the adoption of the DeFi technologies. ETNA's adoption of the DeFi technology is done to deliver customer-centric solutions.
Lending and Borrowing on ETNA is programmed to be simpler and supports a larger extent of use cases. On ETNA, the users can secure a loan against NFTs as a collateral. So, any NFT owner can provide their NFT to the lenders and get a loan. For users staking the native ETNA tokens as collateral for the loans, no interest rates are charged.
When it comes to the DeFi-oriented aspects of the platform, users can now lend and borrow, transact in the marketplace, and engage in regular contests to earn rewards.
Comprehensive Market-Ready Functions
The marketplace proffered by the platform represents a mix of DEX trading and Broker-Buyer functions which is an improvement from the existing system with a similar approach. The marketplace, which is also called a Hephaestus workshop, works as a comprehensive marketplace.
The Hybrid Marketplace has integrated gateways and can be used to trade products. These multiple gateways will allow the users to transact in different cryptocurrencies. The payment gateways are built in a manner that any user can make payments without owning multiple payment wallets.
ETNA Tokenomics
The total supply of ETNA tokens is 100 million. The entire token supply is divided into various aspects that include staking, the marketplace, presale, liquidity, partnership, development fund, team, and foundational. The team allocation, partnership & development funds, plus the foundational allocation fund, is locked for a fixed period. For the presale, it is scheduled to happen on the 21st of March, 2021.
Utilization of the ETNA Tokens
The ETNA tokens are native to the financial platform. It has four central use cases, which includes Lending transactions, NFT Market transactions, BBT Marketplace, and Game Asset Value.
For the lending transactions, the ETNA tokens can be used to submit the collateral and get interest-free loans. ETNA tokens will be the preferred currency in the NFT market and required to gain its membership.
Since the marketplace works on a hybrid model, the brokers need to become a member for facilitating the transactions. The membership fee has to be paid in ETNA tokens. The last use case of ETNA is with reference to the Game Asset valuation, where the token is used as a store of value for buying the game-related assets.
OxBull's Role in the Partnership
Oxbull is an incubator helping platforms like ETNA gain awareness, attention, customer base, and market.
NFT in-game properties and assets, this is exactly absolutely great flawlessness make located, it will probably be focused for every ? that come. All of these properties and assets grant individuals to try individuals like in-game properties and assets to make sure you carry out fabulous variable gameplay, plus, helpful dealt relating to the secondary markets, accessories.
More details here:
️Website: https://www.etna.network/
Whitepaper: https://www.etna.network/assets/ETNA.pdf
Twitter: https://twitter.com/EtnaNetwork
Telegram group: https://t.me/EtnaNetwork
Telegram channel: https://t.me/EtnaChannel
Discord: https://discord.com/invite/dbuEXdm
Author : Dalazz_20
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2773943
BEP-20 Wallet Address: 0x4d387FB72dB04B74DEaE07525d785A797d5A96b8
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