CD3D is the native, in-app token for the CinemaDraft daily fantasy sports (DFS).

in cd3d •  3 years ago  (edited)

Cinemadraft is an emerging platform and now is well established one. This project which took my attention because of its unique innovative ideas and creating the best user friendly ecosystem which aims to provide the best available technology and its best use to the users.

cd3d.jpg

CD3D: The concept and Ecosystem

CD3D is a hybrid DeFi project that evolved out of the typical DeFi yield farming project but in a different direction. This project is created with a sound vision of developing highly customizable blockchain solutions for gaming. CD3D is the first decentralized cloud gaming platform that is profitable for everyone. CD3D technology combines the concept of DeFi yield farming and assets identity representation through NFTs to develop a hybrid decentralized gaming platform. This innovative platform provides the smart solution for blockchain users and crypto currency fans. It is the convenient platform for miners to rent out their hardware and this platform is providing an easy way to play on demand on the powerful gaming rigs for gamers. It is a hybrid of yield and NFT farming that is coded into game/puzzle logic.

CD3D is the in-game token for the CinemaDraft gaming platform that also doubles as the star of your DeFi portfolio. It is the native, in-app token for the CinemaDraft daily fantasy sports (DFS)-style entertainment gaming platform featuring your favorite Hollywood stars.

Built on BSC Network

CD3D is using BSC network for providing more scalability, flexibility and transparency is the motive of CD3D which is created by modifying Cyclops Finance project to BSC networm. Binance smart chain is providing best solutions to the market congestion. When the other blockchains/smartchains are taking longer time for transaction confirmation and also the transaction fees charged is insane during market congestion, CD3D is capable to provide fast transactions with very low fees. So the users of the platform are able to transact freely and can use all the DeFi applications and protocols. So the project CD3D is supporting and enhancing the DEFI usage and make it sure that small investors and traders can use the technology development in its full potential.

CD3D token is providing following characteristic

• BUSD-based: USD stablecoin on Binance Smart Chain
• whale-free: max transaction = 0.15% of token supply
• HODL-friendly: 5% added fee to sell
• crazy deflationary: 10% transaction fee
• 6% in dividends
• 1.6% in buyback & burn
• 2.4% burned to reduce supply

Transparency & Immutability

The transactions are executed by the innovative smart chain and technically advanced smart contracts of CD3D platform. Once the certain conditions are met, the transaction is executed and the whole process is done in user’s account. The executed data is stored by nodes of the platform on blockchain via blocks. This data is always present in a distributed ledger on blockchain where any one can see and authenticate it. Data once executed can not be reverted and there is no chance that any bad actor can intercept or change the data. So the project CD3D is fuhrer modification of technology and assuring much transparency and data immutability to the users of the platform.

Token Properties

-Network: Binance Smart Chain
-Base Currency: BUSD
-Supply: 100,000,000
-Transaction Fee: 10%

  • 6% dividends
  • 2.4% burn
  • 1.6% auto-buyback and burn

Anti-whale protocol:

  • No more than 0.15% of token supply will be able to be sold or bought
    in a single transaction after the ICO

Anti-dumping protocol

  • 5% extra transaction fee will be charged on sales through exchanges
  • this fee will be distributed as dividends to all holders

Useful Links to get more information

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!