ETNA NETWORK FUTURE DEFI AND GAMING NETWORK

 All things DeFi, with features including lending/lending and hybrid liquidity protocols. The hybrid/NFT gaming ecosystem enables seamless integration of conventional games on the blockchain.



Buy ETNA in Pancake swap V2:  https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x51f35073ff7cf54c9e86b7042e59a8cc9709fc46

Description

Cryptocurrencies are gaining popularity much faster than expected. The crypto industry has grown and developed significantly. Decentralized finance, also known as DeFi, is a rapidly growing sector of the cryptocurrency industry. Another aspect of decentralized finance is NFT, gaining a lot of popularity from last year and has the potential to grow to infinity as NFT gives freedom to artists, gamers, celebrities, tattoo artists, photographers to sell their own digital goods as Non-Fungible tokens which also known as NFT.

The video game industry is still struggling with the lack of actual ownership of in-game assets. The Market Will Surpass $200 Billion by 2023. This comes after $87 billion was spent in 2019 by gamers buying in-game assets that they really weren't. Blockchain technology has allowed some games to introduce true ownership of in-game assets but the utility for this new concept is small and has no real impact on the industry. ETNA Network will introduce new concepts and utilities for in-game assets using blockchain technology.

What is an ETNA Network?

ETNA Network is your one-stop shop for all things DeFi, NFT and gaming. A user-centric technology that will revolutionize the crypto space and help in adoption. Cyclops Finance is a blockchain company that started as a Hybrid gaming ecosystem with plans to integrate in-game NFT assets into a Decentralized lending and lending platform. Enables seamless financial and gaming integration on the Ethereum Protocol.

In Greek Mythology, the Cyclops made their home on Mount Etna, hence the name Cyclops Finance ETNA Network for migrating to BSC.

Purpose of the ETNA Network

Etna aims to make it intuitive and easy for users to easily join while using the platform without having to have a wallet. Its mission is to create an all-in-one ecosystem, a single platform of interconnected crypto-type technologies built for the experienced and the inexperienced.

ETNA Network is building technology in DeFi, gaming, and NFT. A brief overview of this technology is as follows:

ETNA Network Features

  • DEFI — The DeFi product is a combination of the two largest DeFi-type applications:

> DeBank, the first credit/lending network that supports the use of NFT as collateral and also provides interest-free loans to ETNA holders.

> First hybrid liquidity protocol with Broker-Buyer Type (BBT) trading feature.

  • NFT Factory -

> All-in-one marketplace and factory for Game Assets and NFT.

> ETNA Supported, value-unlocked NFT Market, instant game/NFT asset trading with all asset values ​​pegged to the ask-price curve.

> Bringing together Digital art creators and collectors.

  • Games —

> A hybrid gaming ecosystem for all supports seamless integration of conventional games on the blockchain.

>Conventional game asset digitization mechanism.

> Tournaments, live global game events. Players from all over the world compete virtually and more

How does it work?

  • ETNA's DeFi product combines a hybrid banking network, the first of which supports the use of NFT as collateral, and a hybrid liquidity protocol with an enhanced user experience facilitated by our new broker-buyer type trading feature.
  • ETNA's NFT Factory is an all-in-one marketplace and factory, it's the first NFT marketplace to facilitate spot trading of supported assets. Factory allows creators to easily print digital assets and showcase them to collectors.
  • The ETNA gaming ecosystem was developed to bridge the gap between decentralized gaming applications and conventional applications. With our technology, conventional game developers can deploy such games on blockchain easily.

What is ETNA Token?

ETNA is the native currency of the ENTA Network ecosystem which is used for various Defi functions such as lending, borrowing, trading NFT and for fees.

Tokonomics

  • Token Name: ETNA Network
  • Token Ticker: ETNA
  • Jaringan: Binance Smart Chain
  • Amount of Supply: 100,000,000
  • Risking 40,000,000
  • BBT Market 30,000,000

Budget allocation

  • Pre -sales 10,000,000
  • Liquidity 6,000,000
  • Team 3,000,000 (locked for 2 years)
  • Development Fund 5,000,000
  • Partnership 5,000,000
  • Foundation 2,000,000

ETNA Token Utility

  • Loan Platform — Interest-free loans can be taken with ETNA Token Loans.
  • BBT Market — ETNA can be used as collateral as Proof of Insurance Mechanism
  • NFT Market Currency — NFT Marketplace's preferred currency is ETNA used to buy and sell in-game assets and other NFTs
  • Rewards — ETNA can be used as Treasure and rewards in the gaming section of the ETNA ecosystem.

ETNA Road Map

Q2 2021

  • Application of the DeBank lending network WEB application.
  • Improved NFT market spot trading interface.
  • NFT Auction integration feature.
  • Application for Crypto and Banking License.
  • Main CEX List.

Q3 2021

  • Application for borrowing and lending DeBank.
  • Improved liquidity-based trading exchange development.
  • broker-buyer trading features.
  • Integration game portal, game deployment.
  • Game ecosystem expansion and major gaming partnerships.

Q4 2021

  • Release of NFT market version 2.0, P2P trading options and sub-markets for artists.
  • Application of NFT cross-chain.
  • NFT based synthetic applications and applications.

Q1 2022

  • Integration of Fiat-crypto type transaction support on all applications.
  • Integration of banking services and Debit card issuance.
  • All-in-one mobile app development.
  • More innovative technology development, key industry partnerships and further expansion.

our team

Shola Otitoju - CEO and Co-Founder

Allaa Alhasan - Technology Advisor

Sergey Chekriy - IT Technology Consultant

Ruslan Denisov - Head of Design

Iryna Vynnychenko - Frontend Developer

Marit Heinsoo - Financial Consultant

Nurpais Orozulbaev - Frontend Developer Developer

Vladimir - Frontend Developer

Dmitry Zavada - Frontend Developer

Nata Denisova - UX / UI Designer

Taiwo Odedairo - Market Research Expert

Conclusion

The in-game asset is NFT stored on the Binance smart chain which is fully owned by the owner. Players will be able to use it as an in-game asset to play the action-packed game, trade it on the secondary market, stake it in the NFT prize pool, or use it as collateral to borrow other tokens.

Read More Here

Website:  https://www.etna.network/

Whitepaper: https://www.etna.network/assets/ETNA.pdf

Twitter: https://twitter.com/EtnaNetwork

Telegram group:  https://t.me/EtnaNetwork

Telegram Channel:  https://t.me/EtnaChannel

Discord:  https://discord.com/invite/dbuEXdm

Youtube:  https://www.youtube.com/channel/UCgkP_qjdYSZ8iesrz5kK0YQ


Author: Action2018 Profile: https://bitcoink.org/index.php?action=profile;u=2337245


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