INTRODUCTION
The problems associated with the centralized financial system led to the eruption of various decentralised financial systems that are built on blockchain technology with the target of providing solutions to these problems.
Nevertheless, these Defi platforms have failed to give a complete solution to the problems. Presently, there are still some challenges in the Defi system.
These challenges prompted the establishment of Caifu Defi with the aim of providing adequate solutions to the present Defi problems.
The platform is built on the Binance smart chain technology which is highly reputed in the Defi system and will ensure the safety and sustainability of the platform. It is managed by a team of crypto experts and enthusiasts with great years of experience in Defi and trading in cryptocurrencies.
The main aim of Caifu is to provide solutions and assist artists globally in realising their dreams and monetize their products and services. The platform has unique features that differentiates it from other Defi and will help in promoting its value.
CHARACTERISTICS OF CAIFU
Centralised Gamify Defi
The Caifu platform has a gaming product that will connect artists and gamers accros the globe and introduce them into yield farming, non-fungible tokens trading and examined tokenomics activities that will be gainful to the users.
NFT lending
Caifu has an unprecedented Defi feature that will give its users the privilege to borrow up to $1000 at a very minimized rate of 1.2%, using NFT tokens as collateral. This feature will help the artists to meet up with their emergency financial obligations and also promote the values of cryptocurrencies in the financial market.
Caifu Market
The Caifu community will establish a marketplace allowing its users to introduce and monetize their products, and also trade their non-fungible and fungible tokens easily, encouraging permission less p2p swapping or lending/borrowing of tokens in the platform.
Staking NFT Tokens
Caifu users can place Caifu and NFT tokens on its platform for farming. These tokens can be farmed to earn profits for the owners.
Caifu Rewards
The Caifu platform has projected various methods of remunerating and compensating its users for their contributions and loyalty to the platform.
A participant can design a unique memorial about caifu, post it on Twitter, and stand to get a great prize reward.
Investors who participate in the presale stand a chance of winning in prize in a lottery program set for the presale. Any user who buys a token worth 0.1BNB will be given a raffle ticket which qualifies him/her to participate in the lottery.
Users can also be rewarded through promotional activities such as referrals, airdrop, and NFT launchpad. These rewards will boost the activities and growth of the platform.
TOKEN DISTRIBUTION
The Caifu community has a native token that is primarily used for transactions in the platform. The management will supply 1,000,000,000,000 NFTC tokens to the platform, which will be distributed as illustrated below:
ROADMAP
The Caifu platform is designed, established, and promoted through the following sets of protocols.
Q1 2021
Beginning of the project establishment.
Q2 2021
Development of project products like crowdfunding, lending/borrowing, Launching of NFT marketplace and DEX and Smart contract auditing.
Q3 2021
Launching of other products like cross-chain integration, mobile App, Extended NFT vault, NFT liquidity AMM, Game development.
Q4 2021
Establishment of launchpad and incubation, Ecosystems development and improvement of system governance.
FAQ
I bought 100k in presale, how much can I trade each month?
Congratulations. You can only trade a maximum of 20k each month.
When is exchanges listing?
Once the presale closes,we will host a startup sale on Gate.io and then immediate listing on both Gate.io and a DEX like Pancakeswap
Which blockchain is used to make NFTC?
primarily it is using Binance Smart Chain, but it will also be using other chains like Magic, HECO, Etherum etc.
What about the Caifu Team? Are they antonymous?
They are group of crypto enthusiasts and developers from Korea, Finland, USA and Portugal. They are opening from their office in Tel-Aviv.
Why did NFTC select Gate.io for the startup?
They are building a global ecosystem, however, at first our priority is to take a top place in the Asian market, that's why they choose Gate.io. Statistics says its the largest user friendly crypto market with highest trust score in Coingecko.
Caveat
The Caifu community warns its users to be wary of fake NFTC tokens from fraudulent DEXs. The company has only one official website, and is currently not listed in any exchange.
Their initial listing will be on Gate.io exchanges. This platform is chosen because it has the greatest crypto users which will help it to realise its target of becoming a leading token in the crypto world.
Announcements will be made on the social channels about the subsequent listing on exchanges and DEXs affiliated to the platform.
USEFUL LINKS
Website: https://caifunft.com/
Twitter: https://twitter.com/nftc_defi
Telegram Channel: https://t.me/caifuann
Telegram Group: https://t.me/caifunft
Blog: https://leofinance.io/@caifu
AUTHOR DETAILS
BTT USERNAME: Ifydon
BTT FORUM LINK: https://bitcointalk.org/index.php?action=profile;u=2968576