INS and Outs of ETNA Network that one must have to know in Blockchain

in crypto •  3 years ago 

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Introduction

This digital money becomes more well-known as it would be. The crypto business has grown and grown substantially. A rapidly growing field of the digital currency industry is decentralised money, otherwise known as DeFi. Another part of the decentralized cash is NFT, which gains many advantages from the year before and which is able to expand continually, since NFT offers craftsmen, gamers, superstars, tattoo specialists, imagers and their own computerized goods to be sold as NFTs.

There is still no genuine ownership of in-game resources in the video games industry. By 2023, the market will exceed $200 trillion. This is because in 2019 gamers bought income that they didn't own $87 billion. This happens. Blockchain innovation has empowered some games to take genuine responsibility for gaming resources, but it's still a minimal usefulness for this new idea. ETNA Network will provide in-game resources with new ideas and utilities that will leverage blockchain innovations.

About ETNA Network

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Cyclops Finance is a hybrid game biological organization that started with a plan to coordinate in-game NFT resources into a decentralized acquisition and borrowing process. Enables the Ethereum Protocol to reconcile game and money consistently.

Etna wants to make it natural and easy for customers to sauté effectively without claiming different wallets while working on stage. Its mission is to build a holistic biological system, a single foundation for cross-connecting cryptotypes that works for successful and unsuccessful individuals. ETNA Network builds on DeFi, Gaming and NFT developments. The following is a short overview of this innovation:

TOKENOMICS OF ETNA

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Supply and Allocation

• Total Supply 100,000,000
• Staking 40,000,000
• BBT Marketplace 30,000,000
• Presale 10,000,000
• Liquidity 6,000,000
• Partnership 5,000,000
• Development Fund 5,000,000
• Team 3,000,000
• Foundation 2,000,000

Vesting and Lockup

• The team's allocation is set for two years, with a 5% quarterly emission after that.

• The partnership and development fund has been depleted. A maximum of 10% can be emitted at a time and only after a community vote.

• The allocation of the foundation has been locked. The committee has been formed, and the community will vote on any unlocks.

ETNA's BSC MIGRATION: RAISED FUNDS ALLOCATION

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60% of the time is spent on development

60% of the monies generated will be used to continue development. The following are some of the areas where we'll be concentrating our efforts:

• Rebranding of the Platform
• Application for a Crypto License
• Integration of a payment processor
• The Broker-Buyer Marketplace Hybrid Model is being developed.
• Creating a multi-purpose mobile app/wallet

Expansion accounts for 40% of the total.

• 40% of the cash generated will be used to extend the team's talent pool and recruit like-minded individuals to aid ETNA's next wave of innovation.

ROADMAP of ETNA

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Q1 2012...

• BSC mainet launch Token Presale
• DEX and CEX listing
• BSC loan and borrowing platform deployment
• Integration of Field Farming-Liquidity
• The interest-rate reduction/cancelation leveraging feature
• Rebranding of the platform
• Towards Partnership and Development

Q2 – Q4 2021 – Q4...

• Governance mechanism integration
• Crypto Exchange License Application
• Fiat interface integration and payment gateway
• Development of the P2P marketplace for the first time, based on an Efficiency Proof Algorithm
• Mobile App development that supports all of the Cyclop Finance features

Who leads the project?

While we strive to provide the crypto community with great products, Cyclops Finance has worked with highly experienced blockchain developers and team members in close cooperation. The main team members are:

• Development Lead & Consultant: Cyclops Finance works with a blockchain developer with more than 10 years of experience. He is also a Software Engineering PhD student.

• Architecture and Scalability Optimization Engineer: Cyclops Finance works with an experience architecture engineer in order to ensure that scalability problems do not occur in the feature.

• Co-founder and CEO: the co-founder of Cyclops Finance designed and developed the logic of all of the products with a master's degree in applied mathematics and a background in engineering. Usability and safety were the focal points.

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Important Links

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

BTT Username: cryptocanley
Profile BTT: https://bitcointalk.org/index.php?action=profile;u=2158989
BSC Wallet: 0xDb232066054777d0B08290225Bc33986bEBaB6E2

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