Decentralized Finance (DeFi) project provides access to financial services to a wide range of people who that had no access to these services. According to research, The total number of unique addresses of DeFi users is around 3,210,000. Cryptocurrency has made efforts towards providing access to financial services with mobile phone and internet access. The more difficult the economic situation in a country, The more Population uses Cryptocurrency.
The lack of access to financial services prevents people from investing for their future as people can not buy online products without having access financial services. DeGeThal provides a friendly ecosystem for a secured payments of the services such as Cryptocurrencies and fiat assets, Trading fiat and digital assets, Payment acceptance, Availability of financial and banking services to users irrespective of residence, citizenship, education and level of income.
DeGeThal task is to make financial services easier by combining a wide range banking and financial products in a single platform by connecting Crypto currency and fiat, and also, providing a genuine gateways for acceptance of payments for varieties of users. DeGeThal ecosystem making efforts to solve the issues regarding the present modern financial system through its toolkit of hybrid Crypto/Fiat solutions for retail use and organization.
DEGETHAL FORMERLY INTRODUCED
DeGeThal is a project created by a group of IT veterans and experienced business owners in the year 2021. It has a primary aim of creating a global environment for various uses which are not part of the traditional financial instruments. DeGeThal is a Cryptocurrency based project which is accessible to everyone across the globe. There are various issues regarding the existing fiat system, like inaccessible to large number of people.
DeGeThal vision is to create Defi products which allows the use of Cryptocurrency for daily needs of people, and also provides opportunities to make all payments by combining Cryptocurrencies and fiat.
DeGeThal plans to implement NFT-oriented functions and initiate the listing of its token on major league exchanges in 2022 to 2023. Visa/Master card payment will commence in early 2024. Automation, Transparency and security of payment process are factors considered for elimination of any risk factors such as theft. In summary, The DeGeThal ecosystem consists of:
- Wallet and payment system via Visa/MasterCard cards.
- Exchange (CEX) with liquidity pool.
- NFT marketplace.
- Staking program and reward system.
- Voting system.
- Payment gateway and smart contracts.
- Own blockchain.
- DTM Token.
MAIN FEATURES OF DEGETHAL
DeGeThal features that differs it from other financial projects includes:
DeGeThal ecosystem links Cryptocurrency with fiat for easy payment on multiple currency wallet which makes users to make payment from a single wallet across the globe, allowing users to convert Cryptocurrency and fiat.
A centralized exchange will be built not only to make payments and manage funds but to earn money on cryptocurrency and fiat currency trading, providing liquidity for CEX operation.
DeGeThal will create its own NFT market place for more opportunities in earnings. All creators will earn money for their respective creativity through generating NFT in promoting their works which investors makes profits through buying NFTs .
A blockchain smart contracts to allow developers in creating their own application on the block chain.
Gives access to financial services to a wide range of the population, also, to those people who do not have access to modern banking.
DeGeThal unite people and make financial services available to everyone, irrespective of their citizenship, legal status and country of residence, etc.
DeGeThal also provides opportunities to earn money through staking program, liquidity pools, user incentive programs, as well as offering numerous benefits to participants of the staking program and DTM holders .
DTM token will be issued for development of the ecosystem and additional income for users of the platform.
Staking system is used to attract users to hold DTM on their wallets.
DTM holders can participate in voting, making important decisions in the platform.
Rewards system and incentive programs will allow DeGeThal ecosystem to grow faster.
DEGETHAL SOURCES OF INCOME
Payment of commissions and other fees for the payment/exchange services,Profit from applications located on the blockchain,Profit from commissions in applications, income from NTF platform, and profit from paid functions of the platform and additional services.
DEGETHAL WALLET
DeGeThal wallet is a multiple currency designed to manage various assets in a single place. The wallet makes transactions fast, simply and convenient. A user can connect bank account and cards to the wallet. The wallet is available for everyone with features that includes:
- Managing fiat funds inside the wallet.
- Managing cryptocurrency funds inside the wallet.
- Trading cryptocurrency and fiat assets.
DEGETHAL EXCHANGE
DeGeThal exchange provides users the opportunity to make exchanges. In order to provide the maximum advantage of trading, online seminars on working with the trading platform will be held regularly, also, training materials and instructions on working with DEX/CEX will be provided.
DEGETHAL PAYMENT GATEWAY
DeGeThal offers payment gateway for companies willing to extend their payment methods. DeGeThal provides security to fund transfers and allows partner to approve payments from different parts of the world. DeGeThal provides opportunity to companies to meet in a single platform inorder to share experiences, services and resources. The community will provide partners with the following:
- Discounts on goods and services.
- Assistance in marketing and promotion.
- Exclusive access to the innovative DeGeThal Lab.
- Creating new opportunities for success.
- New income generation opportunities.
- Joint projects .
DEGHTHAL ECOSYSTEM'S TOKEN (DTM)
DTM token is key factor in the ecosystem, the token is deployed on Binance smart chain network with a maximum supply of 100,000,000 DTM tokens. The ecosystem allow users to use the token on in the platform for payment of services in DeGeThal and trade DTM on exchanges. DTM will also be used in referral program so as to support active members.
MEET THE TEAM
PROJECT ROADMAP
CONCLUSION
DeFi sector is growing rapidl. Many people across the globe do not have access to financial services. DeFi sector is an alternative to the existing financial system. Presence of separate non-interconnected blockchains, inability of DeFi blockchains to interact with the bitcoin blockchain, as well as with fiat funds are the disadvantages of DeFi.
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WRITER'S INFORMATION
Bitcointalk Username: crycryptowhitewalker
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