Blockchain networks have really improved over the last few years, which has rightly led to the introduction of various functions for different Digital platforms in the spectrum. Over time, after initiation, various systems have been issued to facilitate user experience, Decentralization is a prime example. Decentralization is a defining characteristic of chain network technologies and cryptocurrencies, such as Bitcoin. Because decentralized services do not rely on a centralized authority, they have several benefits including censorship resistance, increased security, and resistance to hacking and manipulation.
Smash Cash was introduced to the spectrum based on the belief that it is a user's basic right to own & control their funds, data & identity. They believe that decentralization is the key to empowering users around the world to better protect their rights. THE Smash Cash ecosystem is helping the world move in this direction by strengthening the transition to digital currency adoption
Smash cash emerged from the breakdown of bitcoin into various forms of payment systems. While these details lead to the discovery of more forms of payment, Smash cash allows for 15 blockchains and 10 forms of token transactions. It provides a rare and unique form of privacy, leaving room for anonymity with 4 different blockchains. Your funds are very secure and there is no third party access, it comes with very clear limitations. As more and more people learn to trade cryptocurrencies, the need for confidentiality and emphasis on security and privacy of individuals willing to purchase Smash Cash Tokens has increased.
Smash cash is a unique cryptocurrency that can be seen and observed has been equipped with a certain structure that makes it stand out among other cryptocurrencies. The way it is structured makes provision for great opportunities for confidential and progressive transactions for its users and investors. There is a huge opportunity to succeed and interact with other crypto platforms, its flexibility and guaranteed privacy give it an edge over others. Smash cash provides users with complete anonymity without access to the user's wallet by third parties.
The Smash Cash project is just a new LayerOne platform that makes public chain network transactions private & anonymous across TEN chain networks & for FIFTEEN tokens, such as WBTC, BNB, XRP, ETHER, FANTOM network, USDT, MATIC and so on. Due to the adopted chain network, users may be wary of security forces. Well recently the platform was audited by eNebula media, they thoroughly analyzed the smart contracts of the platform and stated that the current codebase is really organized. With a successful audit like this, users can be assured of fully automated protection & security.
Some of the products that can be found under smash cash are;
- Bitcoin (BTC)
- Binance Chain (BNB)
- Ethereum(eth)
- Moonriver chain (MOVR)
- Harmony chains and so on.
Each of the products listed above has a wallet and transaction medium where users can make transactions.
Token utility
To get maximum and quality rewards, users are advised to stake their smash tokens on the platform, this can be relative depending on the membership rank. Membership rankings are as follows:
- Holder in first place - 20,000 SMASH
- Holder in second place - 100,000 SMASH
- Holder in third place - 200,000 SMASH
Members receive rewards in the form of ADA, BNB or AVA, based on their rank. And it takes a minimum of 30 days for rewards to be paid out to holders and investors which is great news.
Cost Distribution Structure
Users who store up to 20,000 success tokens in their wallet will collect 5% of the platform fee dividend among holders in rank one. Tokens can be selected to receive their incentives. On the other hand, users who have up to 100,000 success tokens in their wallet will collect up to 15% of the platform fee which is shared among the holders.
Tokenomics
- Total Supply Destroyed 1 Billion SMASH
- Price List $0.001
- General Sales 100 million 10%
- List of Shares 100 Million 10%
- Marketing and Promotion 270 Million 27%
- Research and Development 200 Million 20%
- Bet Prize 200 Million 20%
- Teams and advisors 100 Million 10%
- Floating Liquidity 25 Million 3%
TOKEN ALLOCATION
Of the total token supply, a portion is distributed to various sectors on the platform. 10% is allocated to General Sales, another 10% is allocated to Exchange Listing (100 million), 27% to Marketing & Promotion (270 million), 20% to Research & Development (200 million), another 20% to bet based rewards, 10 % for team & advisors (100 million), while 25% for Liquidity (25 million).
RoadMap
CONCLUSION
The Smash Cash token and its ecosystem aims to incentivize all types of token users, especially tier-based holders, to fully attract a targeted audience around the DeFi (Decentralized Finance) spectrum. Through multiple chain network compatibility, users are endowed with more diversification in use cases. With the adoption of more innovative sectors, this platform shows great hope and empowers Decentralization.
For More Information:
Website: https://smashcash.io/
Whitepaper: https://smashcash.gitbook.io/whitepaper/
Telegram: https://t.me/smashcashio
Twitter: https://twitter.com/smashcashio
Medium: https://medium.com/@smashcash
Github: https://github.com/smashcash
Author : Tpower19
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=3386675
My BSC Wallet :0x6e5836aCaEA8BE5fECb773EA4EdFEf933f4c29f8