Decentralization provides you an environment where you have total control of your assets and the transaction executed. This means no other parties/authorities are monitoring your transactions or taking decision on your behalf. So hence there is total evasion of third parties and as such now the transactions are executed with rather fast speed and proper security which blockchain technology provides you. The cool part is that there is no need for a user to show the identity and thus the user can transact with respect to his/her privacy.
Non fungible token (NFTs) refer to cryptographic assets that signify ownership of unique things, non-fungible tokens are thus not mutually interchangeable and that is their key feature and also their uniqueness creates scarcity. It is a virtual token that is created to verifiably prove authenticity and ownership of an asset, through cryptography.
Mplaza is a decentralized exchange which allows users to exchange their BEP-20 tokens for another while providing full custody over their tokens and coins. Mplaza is a decentralized automated market maker (AMM) on the Binance Smart Chain. Users are rewarded with Mplaza tokens for creating liquidity and staking within the ecosystem. Mplaza will also have a crypto lottery, which will allow users to win weekly rewards. You will also be able to stake Mplaza and earn Mplaza rewards, the governance token on the Mplaza Exchange.
The Mplaza protocol aims to give DeFi grants through the Mplaza Token. Our platform makes use of blockchain technology to ensure that the charity process is reliable and transparent. Mplaza ensures direct reach of funds to the business owners without any intermediaries, bringing accountability to the donations made from the network fee incurred on transactions to make a difference in the lives of millions of people around the world.
The MOOR token's charity wallet address can be explored on the Ethereum and Binance Smart Chain explorer to make sure that the funds reached the intended party, serving as the proof of receipt. Also, blockchain operates at a very low cost than a traditional charitable organization. So, this takes more funds to the right recipient. The vetted business owners need to submit applications and meet certain requirements to get grants from Mplaza. Applicants will be required to hold a certain amount of Mplaza token, be involved in the Mplaza community, and apply with a business plan for their start-up or established business. Utilities