WHAT IS MOZART FINANCE ?

in mozartfinance •  4 years ago 

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ABOUT MOZART FINANCE

Mozart finance is a Binance Smart Chain based Defi project providing a world of opportunities for a user to earn maximum income. It aims to provide services that will make it thrive above its peers in the BSC network and Defi sphere in general.

Among the services that Mozart finance will inculcate include yield farming, staking, and exchanges. Moreover, it will later implant lending, betting, and multiple other benefits. The idea is not to replace the existing platform but to provide a more robust, faster, more secure, scalable, and convenient alternative for investors.

MOZART TOKEN

Mozart has a unique BEP-20 native token dubbed PIANO for securing the network in the long term. This token will serve as the primary payment currency, serving as a base for some liquidity pools. However, there will be other pairs with other assets. Moreover, investors will have the freedom to stake the PIANO tokens and await rewards.

The PIANO token prices will be stable and deflationary owing to the policies instituted. The deflationary feature will be achieved by leveraging the following;

This platform will be burning 1% of the tokens from every transaction in a perpetual nature. This burning will help ensure the number of tokens circulating is balanced.

The deposit fee charged will also help in bolstering the token's deflationary aspect. 50% of these deposit fees paid will buy back the PIANO tokens

The platform will be decreasing the emission rates between the first and third week. After the third week, the emission rate will remain 0.25 PIANO per block permanently.

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MOZART FEATURES

Mozart finance embeds many features to help investors earn, with the first having being discussed above- yield farming and staking.

However, the platform will be introducing other excellent services like;

Decentralized betting- crypto-based gambling is gaining momentum today. Mozart is introducing a blockchain-based lottery system.

NFT- Non-fungible tokens have made vast growth in 2021 and will grow further in the future. Mozart aims to be part of that disruption by introducing NFT support in the future.

Top functional exchange platform- Mozart network will also be embedding an exchange network for investors trading benefits.

Crypto lending platform- In future, the platform will implant a lending platform and allow investors to earn interest at reasonable rates.

According to the platform's medium page, community involvement is one of its future priorities.

IFO partnering with other vital projects

PIANO PRESALE TOKENOMICS

The platform has set up a great token economics structure to ensure the public will have excellent access to the token and maintain the platform's reliability. The original total supply of these tokens is 9.6 million, but currently, the minted tokens are 100,000 PIANO. These tokens will be participating in the initial launch of the pre-sale phase. Here is how the tokes are apportioned;

55% of the tokens(55,000) will be sold in the public presale.

40% of the tokens (40,000) are going into liquidity lockers

The last 5,000 tokens(5%) will go to the platform's marketing and advertising.

27.5 PIANO tokens are equal to 1BNB token. Mozart finance sets the soft cap at 22,000 PIANO, equivalent to 800 BNB. The hard cap is 55,000 PIANO, similar to 2000BNB.

During this presale, every wallet can purchase a minimum of 0.2BNB and a maximum of 20BNB worth of PIANO.

Mozart finance already completed their presale and hit their hard cap of 2000BNB in 5 minutes. It's clear that investors are already noticing the great prospects of this token and the platform in general.

Problems on Binance Smart Chain Network

Many projects deliberately do not audit smart contracts from the tokens they make. So that many investor funds are taken by the developer. What I know is $ 31 million from a scam on the project on a Binance Smart Chain. There are more liquidity problems, unstable price pumps, inadequate combustion tokens, etc.

Solution from Mozart Finance with Piano Tokens

Mozart Finance itself is a Joose Finance branch that makes the piano token to make a deflation token like symphony.

For the deflation mechanism

  1. 1% of each transaction will be scorched

  2. 50% of the deposit costs will be used to buy back Piano tokens

  3. Reduce emissions

By providing stable price pumps and adequate combustion systems. The most peting piano tokens have been audited by Immunebytes before presale.

Immunebytes is a start-up security to provide professional services and has experience of conducting smart contract audits, penetration testing, and security consulting in the Blockchain room. One of the audits they have worked on such as Aave, Compound, Swissborg, OX protocol, Uniswap etc.

With the existence of a smart contract that has been audited, the team has given trust to the community and investors. While President Soldout only takes only 5 minutes and the launch of the ETA for agriculture our results is Sunday March 28. Judging from the rapid precallenya piano tokens have been trusted as a good project in the first time and not to miss to follow the farm to get piano tokens

Tokenomics

  1. Ticker: PIANO

  2. Contract : 0x9eEC1044C5bD15782F806C63003F4730eeDfDAE4

  3. Chain: Binance Smart Chain (BEP-20)

  4. Starting supply: 100.000 tokens

  5. Public presale: 55.000 tokens

  6. Liquidity lock: 40.000 tokens

  7. Marketing: 5.000 tokens

Roadmap

Urgent priority

  1. Deployment of smart contracts

  2. AUDIT before launch (by Hacken or Immunebytes)

  3. Liquidity lock

High Priority

  1. Burn mechanism

  2. High APR % gains

  3. Integrating lottery

  4. Second audit after the launch (in first 2–3 weeks)

Medium Priority

  1. Decentralized betting

  2. NFT

  3. IFO (in partnership with other projects)

  4. Fully operational exchange

  5. Lending

  6. Community ideas

Conclusion

Mozart Finance will give our steady venture and construct uncommon networks. With the confirmation of the most recent SMART agreement before the presale group Mozart Finance was intense to make this task effective and huge. Ideally this is a stage in progress in the DEFI world, particularly in the Binance Smart Chain organization. Ensure you follow the most recent news from the undertaking that is finished by the Roadmap above.

More Information About Mozart Finance

Website: https://mozartfinance.io/
Medium: https://mozart-finance.medium.com/
Telegram Announcements: https://t.me/MozartFinanceAnn
Telegram Official: https://t.me/MozartFinance
Twitter: https://twitter.com/MozartFinance
Reddit: https://www.reddit.com/user/MozartFinance

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