A REVIEW OF THE DECENTRALISED FINANCE SYSTEM
There are lots of platforms and applications that are springing up daily, owing to the overwhelming influence of the decentralised system in settlement of financial transactions and parent of goods and services across the globe. The Defi system is strategically taking over financial activities in all aspects of socioeconomic activities globally. This development has attracted multi billion USD investment from individuals and corporate bodies who are taking positions in the system. Moreover, many individuals and corporate bodies from across the world are beginning to develop interest and confidence in Defi because of its easy, cheaper and transparent transactions. Cryptocurrencies are becoming widely accepted as a means of exchange for goods and services and other financial transactions.
Following the recent development in the Defi, there are challenges in accessing cryptocurrencies, which is the operating currency of the system. A greater percentage of the most valuable tokens in circulation are being held by a few individuals, following the traditional method of distribution of the tokens. This gave them some controlling powers over the system, thus limiting the growth and development of the system.
MOONCONNECT INTRO
The Moonconnect community is a decentralised platform that will introduce the first token that will be most fairly distributed across many countries of the world. Its target is to have over 500 million holders of 70% of the circulating tokens. This will be achieved through some measures that will be adopted by the management such as decentralised bounty and airdrops, rewarding loyal community members for their contributions towards the development of the community, marketing and development programs. Participants in these programs will be paid with the MCONN tokens. Team members will also be remunerated using the tokens.
The management built the community on the Binance Smart Chain, which is the greatest network with a very large number of participants.
MOONCONNECT FEATURES
There are some unique applications that have been launched in the Moonconnect community that will assist to achieve the target of the community and improve the socioeconomic conditions of the members of the community. Such include:
Moonconnect Wallet
The Moonconnect wallet is a unique digital wallet of the community. It can be downloaded from android and POS devices and used to store crypto tokens. The wallet is designed to be accessed and operated easily by both experienced and non-experienced users and can interact easily with other crypto wallets.
Mooncash Incubator
This is a platform for creating money by holders of the MCONN tokens. Holders of MCONN tokens are allowed to borrow both cash and tokens from the community and use same in the community orbit to raise more funds for the members.
Moonconnect Colonizer
Recently, the NFT art is a trending feature in the Defi. The Moonconnect Colonizer is the NFT marketplace of the community. It is designed to assist talented member artists to develop their skills. They can create and monetize their NFT arts with the platform.
Moonconnect Tools
These are useful measures that will be instrumental to the realisation of the vision of the community. It includes Live Charts, Coin trackers, wallet trackers etc.
CONCLUSION
The establishment of the MoonConnect platform is a great improvement in the Defi system. It will be a game changer in the distribution of tokens and will attract various investors and individual and corporate bodies to participate in the system. Thereby improving the growth and stability of the system.
Project Links: https://www.facebook.com/moonconnectNET
https://twitter.com/MoonconnectNET
https://t.me/moonconnectNET
https://www.reddit.com/r/moonconnectNET
https://www.instagram.com/moonconnectNET
https://github.com/Moonconnect/moonconnect
https://medium.com/moonconnectNET
Author Details:
Bitcointalk Username: Ifydon
Bitcointalk Forum URL: https://bitcointalk.org/index.php?action=profile;u=2968576
Prove of Registeration: https://bitcointalk.org/index.php?topic=5349741.msg57682802#msg57682802
BSC Wallet Address: 0x91CB89E7F0De0f5F37ecC7305FBeC954e32b72b6