Timeline
Since the debut of Bitcoin in 2009, the digital currency has made considerable strides; yet, it has been a continuing uphill battle to gain acceptance in the mainstream. The world is divided into two groups of people: those who use bitcoin and those who do not. Cryptocurrencies are, for the most part, only available to individuals who have access to technological resources. When it comes to this sort of stuff, first-world countries have a considerable advantage over third-world countries.
According to reality, not only do cryptocurrencies have a significant role to play in the future of many third-world countries, but they have also already delivered some unique benefits to third-world people, inspiring some exciting inventions in the process. Cryptocurrencies provide a convenient way to move money without having to deal with the time-consuming and expensive complications connected with regular money transfers. It is also rapid and, for the most part, avoids taxation and other forms of government redistribution, which are another vestige of opportunistic political generosity.
Cryptocurrencies and mobile transfers have provided people in third-world countries with an opportunity to gain control over and preserve their assets by providing equitable access to currency solutions to everyone, regardless of their financial situation. Addressing the needs of individuals in third-world countries is a significant use case for The Columbus Token, which believes that access to financial solutions is a fundamental human right for everyone on the planet.
What exactly is the Columbus Token?
The Columbus Token Project is one of the few platforms that is dedicated to addressing the issue of poverty. They provide financial services to those who are unbanked and assist small enterprises in expanding their reach. The organisation, in addition to offering zero-fee money transfers, tries to make remote work available to everyone who wants it. Because of this, they believe that the blockchain may be used to fuel a new, uncorrupted, and transparent type of charity, allowing their stakeholders to have greater influence over where their money is spent. They also make it possible for entrepreneurs to receive guarantor and direct lending.
Specifically, the Columbus project seeks to address the fundamental issues associated with Decentralized Finance and to give users with a seamless and frictionless ecosystem through which they can access a variety of financial opportunities. The Columbus ecosystem simplifies financing and provides customers with straightforward platforms from which they can quickly reap the benefits of DeFi.
How does Columbus Token intend to address the issues it seeks to resolve?
The Columbus Token provides two fundamental services: investment tools and a mechanism for ensuring the security of discrete transactions.
The Columbus Wallet: Cryptocurrency wallets are easy to set up and operate on a worldwide scale since they are simple and quick to set up. You can hold and invest your cryptocurrencies with ease thanks to the Columbus Wallet's smooth crypto-financial experience, The use of advanced security solutions such as tokenization and biometric authentication, which help to lower the risk of fraud and chargebacks and the ability to store your cryptocurrencies in one place.
A Transparent System: Transparency is a significant advantage of using cryptocurrencies in a transaction. Blockchains are generally considered to be a lot more transparent system than the services provided by private investing businesses. Furthermore, the Columbus Token is being developed on the Binance Smart Chain.
In the case of the Columbus NFT market, this is a gigantic digital pool that can accommodate large amounts of transactions that take place in this market on a daily basis. Access to this marketplace, which allows them to buy and sell whatever they choose. It is most likely the way the digital market will develop in the future.
Columbus Token's Ecosystem of Influence
Voyager DEX - The Voyager DEX is a Decentralized Exchange Protocol and Decentralized Exchange Aggregation Platform that operates on the Automated Market Maker (AMM) model for the Binance Smart Chain (BSC) blockchain and is based on the Automated Market Maker (AMM) paradigm. Connecting their web3 wallets with the Binance Smart Chain network enabled allows users to swap their BEP-20 standard crypto tokens on the Voyager DEX, which is powered by the Binance Smart Chain network.
Mine liquidity for current token pairs in the liquidity pool, and users can receive passive income as a result of their contributions. They can also add their own tokens, make token pairs, and list their own crypto tokens for their projects, in addition to those provided by others. When liquidity providers stake their tokens, they will receive Voyager LPs in exchange for their services. These tokens can be redeemed at any time by unstacking Voyager DEX is also a DEX aggregator, crawling through multiple DEXs on the BSC network to provide users with the best value for their trades. In the event that sufficient liquidity cannot be found in the Voyager liquidity pools, users can still swap their tokens with one another.
Users who provide liquidity to Columbus Token (CBS) pairs, as well as other token pairs, will be rewarded by Sailor Farms in addition to their regular rewards. Staking Pancakeswap LP tokens on the Sailor Farms will give users a high annual percentage return (APR).
Users can stake their crypto assets in the treasure chest, which offers a reasonable annual percentage rate of return on their investments. New cryptocurrency projects can also apply for Treasure Chest and host their own coin in the pool, if they meet the eligibility requirements.
A entirely community-driven NFT trading and auction marketplace, The Trotter's Market allows users to connect their crypto wallets and trade NFTs with a simple click of a button. Trotter's Market allows you to sell and auction your NFTs in a hassle-free manner.
Tokonomics
CBC is the native token of the Columbus ecosystem, and it serves as the backbone of the platform, which is constructed on top of the Binance Smart Blockchain.
Token's full name is Columbus Token.
CBS is the token ticker.
Binance Smart Chain is the name of the network.
The total supply is ten billion billion billion dollars. CBS
The Usefulness of CBS Tokens
Columbus Ecosystem platforms accept CBS tokens for any subscriptions or payments, and all transactions are processed in CBS tokens.
Half of the deposit fees on farms and pools are disposed of in an environmentally friendly manner.
CBS tokens will be used for all rewards across the ecosystem.
For the purpose of keeping the price of CBS tokens stable, the team will undertake milestone-based token burns.
Closure
Third-world countries face unique challenges when it comes to the financial onboarding process. Many people simply do not have the necessary paperwork, such as a birth certificate or identification card, to even begin the procedure. In addition, insurance is completely out of the picture. This is an area where blockchain technology can and should make a difference. To be a rewarding and interesting adventure in the world of cryptocurrency, the Columbus Token Project was created to provide a new medium of transaction for financial needs in third world underdeveloped countries that are far away from financial freedom. This will allow them to become independent from centralised authorities and provide them with a new medium of transaction for their financial needs.
** FOR MORE INFORMATION**
https://www.columbustoken.net/
https://twitter.com/columbustoken
https://t.me/columbustoken
https://www.facebook.com/Columbus.Token
https://www.reddit.com/r/Columbustoken_1
https://columbustoken.medium.com/
AUTHOR
BTT USER NAME : cryptobadshah
BSC WALLET : 0x67e47553439CAF6D7243f2d10fe52AC90f49aa97
really impressive project
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Good overview
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