About ETNA Network
Cyclops Finance is a blockchain organization that began as a Hybrid gaming biological system with plans to coordinate in-game NFT resources into a Decentralized acquiring and loaning stage. Empowering a consistent reconciliation of money and gaming on the Ethereum Protocol.
Etna intends to make it natural and simple for clients to jump aboard effectively while working on stage use without claiming various wallets. The mission is to make an across the board biological system, a solitary foundation of interconnected crypto-type advancements worked for both the accomplished and the unpracticed. ETNA Network is building advancements in DeFi, gaming, and NFTs. A concise outline of these innovations is as per the following
Highlights Of ETNA Network
- A Digital Asset Lending and Borrowing Platform where not just coins and tokens can be utilized as insurance, yet additionally NFTs, computerized terrains, and that’s only the tip of the iceberg. Holders of important NFTs would now be able to take a credit by utilizing such NFTs as insurance, this is undoubtedly a distinct advantage.
- A Hybrid Liquidity Protocol DEX where clients will approach many advanced resources. A trade where the intricacy that accompanies exchanging digital forms of money is a relic of past times. With a novel Broker-Buyer-Type (BBT) exchanging instrument, clients with zero experience will actually want to exchange easily
- Gaming Technologies Gaming stage where ordinary games can be conveyed and incorporated with the blockchain. Worked for both game designers and players. With game resources printed into NFTs, people group individuals can claim such game resources and procure sovereignties which develop with game notoriety.
- A Dynamic NFT Marketplace where clients can purchase and sell significant NFTs on the spot. you can purchase and sell NFTs like you would accomplish for tokens/coins on a trade. ETNA can accomplish this by a NFT esteem lock-in system, basically, the worth of each NFT is likened to some measure of the hidden money. It is surprisingly fascinating as each NFT exchange dynamic is designed according to a mathematical value request bend. With this holders are sure to appreciate value appreciation and are ensured simplicity of exchanging back.
- A Cross-Chain component that works with the adaptability of resources across blockchains. This is tremendous as this will empower the achievement of the genuine comprehensiveness of NFTs
Features of ETNA Network
DEFI — DeFi product is a combination of the two largest DeFi-type applications:
> DeBank, the first lending/borrowing network to support the use of NFTs as collateral and also grants interest-free loans to ETNA holders.
> The first hybrid liquidity protocol with Broker-Buyer Type (BBT) trading feature.
NFT Factory —
> All-in-one marketplace and factory for Game Assets and NFTs.
> ETNA powered, Value locked NFT marketplace, instant trading of game assets/NFTs with all assets value pegged on a price-demand curve.
> Bringing Digital art creators and collectors together.
Gaming —
> Hybrid gaming ecosystem for all enables the seamless integration of conventional games on the blockchain.
> Conventional game assets digitization mechanism.
> The Tournament, live global gaming events. Players from around the globe compete virtually and more
How Does it work?
- ETNA’s DeFi product combines a hybrid banking network, the first to support the use of NFTs as collateral, and a hybrid liquidity protocol with enhanced user experience facilitated by our novel broker-buyer type trading feature.
- ETNA’s NFT Factory is an all-in-one marketplace and factory, it is the first NFT marketplace that facilitates spot trading of supported assets. The factory allows creators to easily mint digital assets and showcase them to collectors.
- ETNA’s gaming ecosystem is developed to bridge the gap between decentralized gaming applications and conventional ones. With our tech, developers of conventional games are able to deploy such games on the blockchain easily.
ETNA is the native currency of the ENTA Network ecosystem which is used for various Defi functions like lending, borrowing, NFT sale and purchase, and for fees.
Tokonomics
- Token Name: ETNA Network
- Token Ticker: ETNA
- Network: Binance Smart Chain
- Total Supply: 100,000,000
- Staking 40,000,000
- BBT Marketplace 30,000,000
- Presale 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
- Lending Platform — Interest-free loans can be taken by Leveraging ETNA Tokens.
- BBT Market — ETNA can be used as collateral as Proof of Insurance Mechanism
- NFT Market Currency — NFT Marketplace preferred currency is ETNA used to buy and sell in-game assets and other NFT’s
- Rewards — ETNA can be used as a Treasure and reward in the gaming section of the ETNA ecosystem.
Conclusion
In-game assets are NFTs that are stored on the Binance smart chain which gives players full ownership. Players will be able to use them as in-game assets to play the action-packed game, trade them on the secondary market, staked them on NFT reward pools, or use them as collateral to borrow other tokens.
In-game assets are NFTs that are stored on the Binance smart chain which gives players full ownership. Players will be able to use them as in-game assets to play the action-packed game, trade them on the secondary market, staked them on NFT reward pools, or use them as collateral to borrow other tokens.
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 :
Bitcointalk Username: Ainulyaqin
BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2787764
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