Decentralized Finance or DeFi is a financial application ecosystem built using blockchain technology. Basically, DeFi offers traditional CeFi financial instruments (traditional centralized funding) on the blockchain. This DeFi tool is mostly built on open source protocols. The game, built on blockchain using NFT tokens and digital collectibles, opens up a new economic system that allows players to earn real money while playing.
Although the gaming industry is vast, most operate on a centralized system. Cyclops Finance, on the other hand, is moving away from centralization, thus removing many of the restrictions on financial transactions. It is very important to use blockchain when an unlimited number of participants are involved in the process. In the modern world, this is the ideal approach for organizing and automating business activities, monitoring the fulfillment of obligations under contracts, and working with data. This method is based on the reliability and transparency of information storage.
Cyclops Finance is a blockchain organization that started as a Hybrid gaming biological system with plans to coordinate in-game NFT resources into a Decentralized acquisition and lending stage. Allows consistent game and money reconciliation on the Ethereum Protocol.
and as time goes by, platform-based game projects are warmly welcomed by crypto investors. one of them is ETNA The best platform game revolution for the future. are you curious? let's just discuss in more detail.
WHAT IS ETNA?
Cyclops Finance is a blockchain company that started as a Hybrid gaming ecosystem with plans to integrate in-game NFT assets into a Decentralized lending and lending platform. Enables seamless financial and gaming integration on the Ethereum Protocol. With their experience and interest in bringing DeFi type products into the Binance Smart Chain, Cyclops Finance is now planning to expand their reach into Dex compliant lending/lending and trading products.
FEATURE
DEFI
Our DeFi product is a combination of the two largest DeFi type applications:
DeBank, the first lending/lending network that supports the use of NFT as collateral and also provides interest-free loans to ETNA holders.
The first hybrid liquidity protocol with Broker-Buyer Type (BBT) trading features.NFT FACTORY
Complete marketplace and factory for Game Assets and NFT.
ETNA powered, value locked NFT marketplace, instant trading of gaming/NFT assets with all asset values pegged to the ask-price curve.
Bringing together Digital art creators and collectors.GAMING
A hybrid gaming ecosystem for all, enabling seamless integration of conventional games on the blockchain.
Conventional game asset digitization mechanism.
Tournaments, live global gaming events. Players from all over the world compete virtually and more
OUR TECHNOLOGY
ETNA Network is your one-stop shop for all things DeFi, NFT and gaming. A user-centric technology that will revolutionize the crypto space and help in adoption.
ETNA's DeFi products incorporate a hybrid banking network, the former supporting the use of NFT as collateral and a hybrid liquidity protocol with enhanced user experience facilitated by our new broker-buyer type trading feature.
ETNA's NFT Factory is an all-in-one marketplace and factory, it's the first NFT marketplace to facilitate spot trading of supported assets. Factory allows creators to easily print digital assets and showcase them to collectors.
The ETNA gaming ecosystem was developed to bridge the gap between decentralized gaming applications and conventional applications. With our technology, conventional game developers can deploy such games on blockchain easily.
ETNA Network Highlights
A Digital Asset Lending Platform where not only coins and tokens can be used as insurance, but also NFT, computerized terrain, and that's just the tip of the iceberg. Important NFT holders can now take credit by utilizing NFT like insurance, this is undoubtedly an advantage in itself.
DEX Hybrid Liquidity Protocol where clients will approach many advanced resources. A trade where the complexity that accompanies exchanging digital forms of money is a relic of the past. With the new Buyer-Broker-Type (BBT) exchange instrument, clients with zero experience actually want to exchange easily.
Gaming Technology A game stage where ordinary games can be delivered and combined with blockchain. Works for game designers and players. With game resources printed into NFT, individual groups of people can claim those game resources and gain sovereignty that grows with the fame of the game.
Dynamic NFT Marketplace where clients can buy and sell significant NFT on the spot. You can buy and sell NFT just like you would for tokens/coins in trading. ETNA can achieve this with its NFT price locking system, in essence, the value of each NFT equates to some measure of hidden money. This is very interesting because each NFT exchange dynamic is designed according to the mathematical value demand bend. With this, holders will surely appreciate the value appreciation and ensure ease of exchange back.
Cross-Chain component that works with resource adaptability across blockchains. This is great because it will empower the achievement of NFT's native completeness.
ETNA Ecosystem
DeBank:
DeBank which is the Lending/acquiring ETNA stage has been submitted to the BSC. Currently supports borrowing and acquiring seven tokens/coins specifically BNB, ETNA, ETH, BTC, BUSD, USDT and DAI. It also supports storage of all ETNA NFTs and clients can already use those NFTs to take credits. DeBank ETNA also allows ETNA token holders to take income-free credits on a consistent basis. It is also the first of its kind in the crypto space. Currently more than 4,500,000 ETNA and more than 2000 NFT have been stored. In addition, more than $200,000 without interest has been taken.ETNA NFT Market:
NFT ETNA Networks is a game resource that will be delivered in future games. Currently, there are more than 30 NFTs exchanged in the commercial center of the ETNA Network, these NFTs involve game characters, weapons, secret parts, animals and much more.
ETNA tokens
ETNA is local money from the ENTA Network environment which is used for various Defi capacities such as lending, obtaining, NFT transactions and purchases, and for spending.
Token Details
- Token Name : ETNA Network
- Ticker: ETNA
- Type: Binance Smart Chain
*Full-scale supply: 100,000,000 - Bet: 40,000,000
- BBT Market : 30,000,000
- Purchases at Pancake: https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x51f35073ff7cf54c9e86b7042e59a8cc9709fc46
Resource allocation
- Pre-sale: 10,000,000
- Liquidity : 6,000,000
- Team: 3,000,000 (locked like forever)
- Upgrade Fund : 5,000,000
- Partnership: 5,000,000
- Foundation : 2,000,000
ETNA Token Utility
- Loan Platform: no interest progress can be taken by Utilizing ETNA Tokens.
- BBT Market : ETNA can be used as collateral as proof of insurance mechanism
- NFT Market Currency : NFT Marketplace backed cash is ETNA used to buy and sell in-game assets and other NFTs
- Rewards: ETNA can be used as Treasures and grants in the game part of the ETNA organic framework
Roadmap
Q2 2021
Application of the DeBank lending network WEB application.
Improved NFT market spot trading interface.
NFT Auction feature integration.
Application for Crypto and Banking License.
Main CEX List.Q3 2021
Deployment of the DeBank lending and lending network mobile application.
Improved liquidity-based trading exchange development.
Broker-buyer type trading features.
Game portal integration, game deployment.
Game ecosystem expansion and major gaming partnerships.Q4 2021
Release of NFT market version 2.0, P2P trading options and sub-markets for artists.
Application of NFT cross chain mechanism.
Commodity applications and NFT-based synthetic applications.Q1 2022
Integration of Fiat-crypto type transaction support on all applications.
Integration of banking services and Debit card issuance.
All-in-one mobile app development.
More innovative technology development, key industry partnerships and further expansion.
Our team
- Shola Otitoju - CEO and Co-Founder
- Allaa Alhasan - Technology Advisor
- Sergey Chekriy - IT Technology Consultant
- Ruslan Denisov - Head of Design
- Iryna Vynnychenko - Frontend Developer
- Marit Heinsoo - Financial Consultant
- Nurpais Orozulbaev - Frontend Pengembang Developer
- Vladimir - Frontend Developer
- Dmitry Zavada - Frontend Developer
- Nata Denisova - UX/UI Designer
- Taiwo Odedairo - Market Research Expert
Conclusion
ETNA's lending/lending platform is indeed a space for financial freedom for many people around the world. It provides a platform to secure affordable loans and also a source of income for users who are willing to invest their money for meaningful APY. With the ETNA protocol the future of DeFi is brighter.
Detailed Information:
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
Youtube : https://www.youtube.com/channel/UCgkP_qjdYSZ8iesrz5kK0YQ
Author : Amild
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2583828
My BSC Wallet : 0xbf00577895715883E63C6694D33dA51b1cDEBDa8