Bitseries: A Hyper-Deflationary DeFi Token Aimed For Trust Based Economy

in bitseries •  3 years ago 

Bitseries Update Latest News in 17th January, 2022

Bitseries Token (SERIES) is the first of its kind: an end-to-end ecosystem for marketplace trading. $SERIES is a global ERC20 utility token that serves as currency on Nomics' marketplace and grants holders 5% holder profit rights. which is owned by Nomics, Inc. SERIES has two main functions:

  • Ownership and governance of the Bitseries Network,

  • Exchange stability protocol.

The Bitseries Network will be a decentralized exchange (DEX) that uses SERIES as collateral. The DEX will be built in phases and will be used as an exchange for cross-token trading and decentralized margin trading. The network will also have a voting system for network governance decisions and token allocation. The business model behind Bitseries is straightforward. Customers will pay sellers of data in $SERIES tokens, which can then be exchanged for other cryptocurrencies. Holders of $SERIES tokens will get a 5% "holder profit" each time a $SERIES token changes hands on the open market. 1% of all transactions on the Bitseries marketplace will be paid in $SERIES tokens.

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You can follow this link for latest Bitseries token ($SERIES) Latest News : https://twitter.com/Bitseries1/status/1483106230273208321

How the Bitseries Blockchain Works

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The Bitseries network is completely decentralized and therefore does not require any centralized legal authority to manage its functions or enforce the rules of the ecosystem. The Bitseries network is also designed to offer an untraceable financial system, because it allows its users to control their own crypto-currency wallets and make transactions without revealing any personal information about them. Moreover, we will give you some insights into why bitseries is one of the most contentious projects out there. The tokens that are generated and exchanged on the Bitseries network represents its own blockchain, so they are not just tokens which can be bought and sold using conventional means.

Since it is a Decentralized Financial System, there are no central banks or financial institutions that have a say in determining who participates in the Bitseries ecosystem or how much crypto-currency they can earn from their participation.

Bitseries Finance Aims

Bitseries Token ($SERIES) is a DeFi token with hyperinflationary potential. The series' goal is to create a transparent and clean extension of the trust-based economy. To accomplish this, Series is developing a self-growing mechanism in which Series will expand while also maintaining token confidence by offering goods and services through bitseries finance lab and R&D Centre Outputs.

Bitseries Finance Lab will introduce its own DeFi token which will be called "SERIES". The Bitseries Token ($SERIES) aims to transform the crypto industry, where many are hesitant to participate owing to the high risk component involved. Bitseries is a trust based economy platform, it is aimed to create the trust among people by introducing self growing mechanisms along with products and services, it has formulated self growing machanism that makes it possible to grow itself along with ecosystem growth of its products and services. Bitseries is meant for creating a clear and clean expansion, its first product is Bitseries Finance Lab and R&D Centre which are aimed to maintain the trust of token by introducing products and services directly via these units. The series token will be a hyperdeflationary token to make sure there will be trust without inflation in future economy.

Before working on this project, the members of this team worked on several extremely large projects. This demonstrates that they are not a flash in the pan, but rather an excellent and durable initiative for investors.'

In Summary, Bitseries Token ($SERIES) is an important addition to the decentralized financial (DeFi)

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Long-term investors should consider $SERIES a good option as it has a solid use case and is backed by the Bitseries.com daily trading volume, which makes it safer to invest in than most other DeFi projects. The $SERIES token is a well-designed DeFi token with many exciting features.

However, the most notable element of the $SERIES token is its ability to automatically expand while maintaining public confidence and trust in the space. One feature to note here is that the tokens only have value if they have been fully mined. It would be interesting to see how this one aspect plays out moving forward.

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Regardless, you should probably keep an eye on this space for more information about the $SERIES token and other upcoming Bitseries update latest news

Website: https://www.bitseries.finance/
Twitter : https://twitter.com/Bitseries1
Facebook Official Page: https://www.facebook.com/Bitseries-109453728248635
Telegram : https://t.me/bitseries
Instagram : https://www.instagram.com/bitseries.finance/

Content Creation By:

Bitcointalk Username: Barbara Eberhardt
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3403783
BEP-20 Wallet Address: 0x302dF1B0Eb5962C00d406f914cD18b91969a4Cdc

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