Tag: defi tokens
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Pantera Predicts Correlation Between Bitcoin And Traditional Markets Might Break This Spring
In a recent call with investors, executives from the crypto hedge fund Pantera Capital said they believe DeFi assets such as Ethereum could soon break out of their current correlation to traditional macro markets. The market has seen increasing similarities between these two spaces recently. But there’s no guarantee it will continue or even last…
The post Pantera Predicts Correlation Between Bitcoin And Traditional Markets Might Break This Spring appeared first on Bitcoin News Miner.
DeFi – Reflections on 2021 and the Road Ahead
It’s fair to say that crypto has brought us many surprises over the last year. Many expected DeFi to go mainstream in 2021, and while major corporations and institutions started to take an interest in Ethereum and the DeFi ecosystem running on top of it, there’s little doubt that NFTs stole the spotlight. In fact, […]
The post DeFi – Reflections on 2021 and the Road Ahead appeared first on The Daily Hodl.
NFTs and DeFi overturn a banker’s generational curse of poverty in 2 years
"When I started, I almost gave up multiple times. I just want to help others have a more streamlined way to get into crypto," said Brenda Gentry, a former USAA mortgage underwriter.
$COQ Introduces a New Way to Earn BNB Every Hour
$COQ token is the first to let its holders vote to raise or lower the taxation and dividends rates to take advantage of the pool goals, market sentiment, or other events. To earn BNBs every hour and to vote, members are required to hold at least 1M $COQ tokens in their wallet.
$COQ is part of a new wave of Defi tokens popping up that integrates a Dynamic Reflection Token(DRT) mechanism designed to reward holders. These new tokens protect investors against manipulation from whales, ensuring an equitable ecosystem where everyone has a fair chance to bag rewards regardless of their wallet size. 
Several crypto communities have endorsed $COQ as the best lucrative and creative Reflection Token. Crypto supporters simply need to connect their wallets to purchase and HODL $COQ to get more BNB dividends forever.
The CoqView dApp allows users to calculate and track their BNB reflections based on their $COQ token holdings and estimate the next payout in real-time.
How Does the Project Generate More BNB Rewards?
$COQ combines powerful trading mechanisms and DeFi protocols to produce BNB rewards aggressively and consistently. The production of BNB dividends is powered by various innovative strategies, including staking-lending (COQ-FARM), Internal Auto Trading Systems (COQ-ATS), and DEX Transactions (COQ-SWAP).
The BNB production also stems from DEX and CEX pairing transactions on top-tier exchanges such as Binance, Gate.io, KuCoin, and many more. Additionally, crypto and DeFi investors on the multi-functional platform receive aggressive BNB dividends from the project's promotion on multiple social media platforms.
The project boasts a unique reward reflection model that guarantees holders passive income in BNB every time $COQ coins are bought, sold, or transferred. Users currently need to have 10M $COQ to be eligible for rewards, although the community can vote to raise or lower the tax and dividend rate at any time. The BNB returns are automatically sent to token holders' wallets.
A Closer Look at the $COQ Tokenomics
$COQ deploys excellent reflective tokenomics aimed at creating a fast-growing community and empowering holders to become BNB-wealthy forever.
A 15% tax is charged on all transactions, with 10% of the fees going directly to $COQ coin holders, allowing them to earn a passive income simply for HOLDling.
Meanwhile, 1% of the transaction fees goes toward increasing $COQ liquidity, raising the token's price floor to combat price fluctuations. 1% goes to the burn wallet, which removes a portion of tokens from circulation to stretch the supply and increase demand.
Furthermore, the $COQ project deploys an entirely fair method that protects against price manipulation by big-money investors. To this end, the protocol restricts $COQ token sell transactions to less than 0.1% of the total supply and charges an extra 2% tax on all non-buy transactions.
This strategy deters whales from dumping their coins during the start of the price discovery stage, ensuring $COQ can reach its full moonshot potential. It also counters swing trading and reduces arbitrage on sell transactions.
The anti-whale dumping mechanism goes a step further to protect investors by capping the maximum amount any wallet can hold to 1% of the total supply. An additional 2% from all trades goes into aggressive $COQ evangelization and community giveaways to generate hype around the project for the long haul.
The Upcoming $COQ NFT Collection
Besides creating the next generation of yield-producing contracts on BSC, the $COQ team plans to release a fascinating NFT collection and new tokens on the ETH blockchain. The NFT collection ties in beautifully into the $COQ ecosystem, offering crypto fans more options and an unforgettable experience.
To stay tuned on the $COQ token and the latest news and developments surrounding the project, check out the resources below:
Website | Telegram | Twitter | Instagram | Reddit | Facebook | Linkedin | Pinterest | Tumblr |
Introducing a New NFT Gaming Network Brute Force Fight
Similarly, in the blockchain and the crypto sector, the idea of NFT gaming has gained momentum very fast. Platforms like Axie infinity and many others have been benefiting vastly from the NFT craze in 2021. Gamers have gotten a new way of earning and maximizing incomes while gaming. Brute Force Fight is an example of a platform that aims to benefit from the NFT craze and simultaneously help users earn passive income while gaming.
Brute Force Fight defines itself as an NFT gaming network designed with a top gaming experience for players. It combines the concept of NFT gaming with Defi tokens thus is a play and earn platform.
How does the Brute Force Fight gaming network work? Please keep reading to see more about this platform and why December 2021 will be significant for them.
Brute Force Fight Game Description
Brute Force Fight combines NFT and Defi to offer an excellent experience to gamers. It uses the PvP and PvE game modes with a storyline of space exploration.
The universe was enjoying some peace until the discovery of interplanetary mining. Now, people from all over the universe, planets, and races are fighting to take control of space resources. In this game, you have to battle against other space pirates and win. The pirates may include other real-world players, AI-controlled ships, and other dangers.
In the game, players have the freedom to form federations. Federations are team-ups with other players. These federations can fight with other federations to take control of the given resources.
The concept of the Brute Force Fight gaming network is to allow players to mine resources and conquer other planets. When conquering, the teams will attack, set base, and fight other bases. Once you and your friend (federation) conquer a planet, you can continue mining.
Aside from conquering, you can also get into trade activities with other federations, bases, and nations. More so, since this is an interplanetary game, you can search for contacts with other races.
The $BFORCE Token
To power the entire network, Brute Force Fight introduced a native token, $BFORCE. $BFORCE is a BEP20 token that will help in different services within this ecosystem. Among the services include payment and exchanges.
According to their documents, they have a maximum supply of 10 million $BFORCE tokens. However, in the coming presale, they cap a total supply of 10 million tokens. The network distributes the tokens as follows;
50%, 5 million go to the community during the ICO
4 million tokens, 40% go to 3 Month lock for Game NFTs Marketplace
0.5 million tokens, 5% will be released through vesting, 1% per week for marketing
2% will help in marketing works.
2% for game development
1% for private sale airdrop
Other Features
Audit and KYC
Brute Force Fight had Solidproof audit their smart contracts to secure the player's and investors' funds. The idea of auditing contracts is to ensure they are not vulnerable to external or internal attacks. Auditors often check the code to ensure it's correct and has no errors. Hence, the contract will not be a threat to the gamers in this network.
Aside from the audit, Solidproof conducted a KYC scanning of the Brute Force Fight team. KYC, Know your customer, basically involves looking deep into the people around the project. In this case, the persons who are given a more profound look are the team members. The intention is to see whether the team members have any money fraud issues.
However, the audit and KYC report will be released once Solidproof is through with the process. The report will be available via the website and social media pages.
The BSC Base
The Brute Force Fight gaming network took its base in the Binance smart chain. But why? Ethereum, which provides smart contract support, is currently facing tons of issues, including lacking scalability.
However, BSC was developed to be the alternative for Ethereum. Hence it's scalable and has high speeds. The Brute Force Fight will therefore have an easy time expanding and serving more gamers globally. This gaming network is consequently looking into its future.
NFTs Shopping
The Brute Force Fight network also introduced an NFTs shopping in-game market. Users of this market will leverage $BFORCE native coin to buy and sell NFTs.
According to them, this online in-game marketplace will be available to gamers and everyone else.
Accordingly, the network will be airdropping NFTs to players. The trading platform will enable players to exchange the NFTs with $BFORCE tokens.
Brute Force Fight Team
The Brute Force Fight team is made up of several people, all majoring in different fields. Among the tasks worked on by the team include,
Software Engineers
Designers
Marketing Manager
Social Media Experts
However, the network has not fully displayed the names of the tea members. Hopefully, they will do so soon.
Developments Coming Soon
According to their social media pages, December will be a big month for the Brute Force Fight network. One of the significant happenings this December will be the token presale. Starting December 7th, Brute Force Fight will launch the ICO on the Unicrypt launchpad. So, ICO investors can spare December 7th to participate in this presale.
Brute Force Fight intends to sell 5 million tokens by the end of the ICO. Their target hard cap is 2000BNB. 1 BNB will be equal to 1500 $BFORCE Token during the ICO period. Maximum spending per wallet during the ICO is 3BNB, which is an equivalent of 4500 $BFORCE.
Immediately following the ICO will be the tokens listing in exchanges. The listing price is set at a little higher than the ICO price. 1BNB will be equal to 1350 $BFORCE. Aside from exchange listings, $BFORCE intends to list in analytical networks like Coingecko and Coinmarketcap this December.
In February next year, Brute Force Fight will officially launch the game for the public. Investors, gamers, and crypto enthusiasts should watch out for this gaming network. You can also join our communities on Twitter, Reddit, and Telegram to get more updates as they come.
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