SpyritCoin: A Deflationary Utility Token Launched on the Polygon Network.

in spyrit •  3 years ago 

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Dear Colleagues, This time, I'll let you in on a little secret regarding a brand-new digital currency called Spyrit. Blockchain technology needs to be pushed more into the mainstream in order for it to flourish and thrive in the future, I think we can all agree on that. Let's take a look at the Spyrit project's progress in the following paragraphs.

The advent of blockchain technology has propelled us into a new era of financial innovation. It's no surprise that more and more people are becoming interested in computerized monetary standards management. We've never seen anything like this before. Yet the crypto market continues to soar at dizzying heights. The global epidemic was a contributing factor in crypto's recent resurgence.

Some of you may confuse the downfall of traditional money with the rise of digital currencies. For digital currencies, emptying is a benefit rather than a negative. When a resource's cost is reduced due to certain conditions, such over-stamping, the term "emptying" is used. To put it another way, flattening refers to the digital currency's most extreme supply. As private keys are lost and coins become unrecoverable, the supply of BTC will diminish over time. Other forms of digital currency are also deflationary.

As time goes on, the market supply of a deflationary crypto decreases. A low value for this variable indicates that customers or employees of the company will engage in activities that reduce the number of coins on the blockchain. A common way to achieve this goal is to use tokens. The fact that digital money has a finite supply means that it is by definition deflationary. Since the coin's inventory decreases as long as financial backers buy and hold it, they get this status. A great example is Bitcoin, the most powerful crypto currency to date and the king of the market.

What do you know about SpyritCoin

Polygon-based utility coin SpyritCoin was built with two practical principles in mind: recurring tax refunds to investors and acquisition of liquidity.

What is utility?

SpyritCoin's utility will be put to use in the SPYRIT stage. Conventions on the platform allow customers to trade quickly, with auto compound marking, high return farming, and nonstop NFT marking.

What We've Learned

DEFI

In order to guarantee a free streaming business sector, this application relies on the DeFi standard.

DEX

Using the Polygon Network, clients will be able to buy, sell, and exchange their coins and tokens safely.

Span

Transform your Polygon-organized SpyritCoin into a Spyrit Chain.

Settling in and Growing a Farm

Take advantage of homesteads and liquidity pools to get a return on your SpyritCoin or NFT holdings!

Blockchain

A new Layer 1 blockchain convention, the Spyrit Chain focuses on enhancing functionality while also maintaining low gas costs.

MetaVerse

The Spyrit Realm is a unique story-based Metaverse game featuring NFT utility and in-game NFT content. Spyrit Chain-created and transmitted.

Tokenomics

SpyritCoin is the name of the token.

POLYGON is the network name.

ASSURANCE: 5 TRILLION

Ten percent of the fee.

Amount: 5 percent

5 percent of Devidens

Roadmap

2021's Third Quarter

Set up a personal website and social media accounts

A Smart Contract for Sending Tokens

To disseminate V1 of the White Paper,

Smart Contracts for ICO

Q4 of 2021

Invest in dApps

Protocols for Staking and Farming in Foster Communities

NFT Staking Protocol Development

Review and Know Your Customer (KYC)

Send a Smart Contract for Pre-sale

Presentation and Public Relations Efforts

In the first quarter of 2022,

The public debut

Initiate Business Relationships

Websites that List Coins

Make an NFT Archive

DEX Foster Cross Chain

In the second quarter of 2022

Assemble a Game Plan

Spyrit Chains of Spyrit

Bridge of the Cross Chains of Foster

Click on the Following Links for Additional Information:

Website : https://spyritcoin.io/
Whitepaper : https://github.com/spyritcoin/SPYRIT-Paper/blob/main/SPYRIT%20PAPER.pdf
Twitter : https://twitter.com/spyritcoin
Telegram : https://t.me/spyritcoin
GitHub : https://github.com/spyritcoin
DisCord : https://discord.com/invite/xzyeMr3Rbb

Author

Bitcoin username: Sh1rley Dundley Meyer
Bitcoin profile link: https://bitcointalk.org/index.php?action=profile;u=3402609
BSC20 address: 0x5E4897AFD26e7Dc1f53B922A47adE8bbD7FE26C4

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