DeGeThal: Ecosystem is trying to solve the existing problems of the modern financial system with its toolkit of hybrid crypto/fiat solutions.

in #bsc3 years ago

Decentralization provides you an environment where you have total control of your assets and the transaction executed. This means no other parties/authorities are monitoring your transactions or taking decision on your behalf. So hence there is total evasion of third parties and as such now the transactions are executed with rather fast speed and proper security which blockchain technology provides you. The cool part is that there is no need for a user to show the identity and thus the user can transact with respect to his/her privacy.

Non fungible token (NFTs) refer to cryptographic assets that signify ownership of unique things, non-fungible tokens are thus not mutually interchangeable and that is their key feature and also their uniqueness creates scarcity. It is a virtual token that is created to verifiably prove authenticity and ownership of an asset, through cryptography.

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Exchange (CEX) with a liquidity pool

DeGeThal creates its own CEX exchange with a liquidity pool that provides instant exchange of digital assets inside the wallet. Sending crypto listed onto DeGeThal exchange by username only brings the ease of use for everyone. Now, you must provide for each crypto currency a different address, made of a long combination between numbers and letters, making it not that easy to work with.

In DeGeThal world, sending any listed cryptocurrency into the platform can be easily done only by using an username, the system making the allocation of the asset straight into your account. Only when interacting with external wallets the full address will be required.

NFT marketplace

Having an own NFT marketplace with the ability to create NFTs, promote them, sell and buy NFTs provides users with additional opportunities for creativity and for earning money.

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Staking program and reward system

The Staking program is used to support DTM holders. DTM holders have the right to receive a reward for blocking their tokens in the wallet.

Transaction fees of 3% are used to pay the reward for participating in the staking program. The distribution of funds in the staking program between users is done automatically, depending on their share of tokens blocked in the wallet.

Participants of the staking system have benefits and bonuses when paying fees for wallet, exchange services and commissions, as well as other platform services including reduced fees for curency exchanges, cashback on card payments, travel insurance and many more associated with premium accounts.

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