THE ENUMIVO MARKET MARKER AND UNIVERSAL BASIC INCOME - UBI

in #enumivo6 years ago

I don't know if you've heard of the enumivo project? The enumivo project started way back February with it being the first self claimed air dropped by Ethereum users.
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The project has grown from a value of 0.0000usd into a great valuable project of 0.1cent but currently

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Actually what brought about this article is more of the market marker, in case you don't know about the enumivo project - this is a quick one. 👇

the enumivo project is a compatible eos clone, lets say its a fork of eos and has all the basic and advanced characteristics of the EOS blockchain.

But what makes the enumivo project stands out?
well apart from the dedicated members, developers, especially Aiden pearce the founder, the enumivo project promised a nation and a dac on the blockchain, a right to earn as long you are human and alive in a UBI manner of rewarding........

meaning every member of the nation - generalized as "Enumivians" would be monthly paid - UBI - a universal basic income dapp deployed on the Enu chain , and before any one could join the nation, the community of [enumians] needs to vote you in to become a trusted member of the nation, though this dapps hasn't come to reality yet but plans are being made, so much is there to gain in becoming a dedicated member.

well the UBI is the basic project, in fact everything being done from the start has been in preparation of the UBI before the enumivo project Kickstart and the road map proves that..... [white paper 📄]

Many things are being put in place like giving the Enu coin value and some sub tokens , and trying to set up markets to trade this tokens or any associated tokens or dapps created on the enumivo chain now or future so that when the UBI comes to reality, a market to trade is ready and dedicated members won't find it difficult to trade the tokens or even buy to use.

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Enumivo is a long term project so patience is the key. We all value the tokens differently. At this price some people may think it's cheap and some people may think it's expensive. So some people buy and some people sell. For any market I'm trading, I always ask, is this undervalued?, If the answer is yes, I buy. Now that the prices dropped, some people lose confidence and sell, and it drops the price more. But the more it drops, the more people want to buy it. Some may just be waiting for it to drop more to buy more. That will happen until we see the floor price. That is the speculation part. That part is for the traders.

Telegram message that explains how the market marker works

THE ENUMIVO MARKET MARKER


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The market marker would served as an on chain trading for all enumivians with many markets being added, this market is to add liquidity to the token and volume in general - to increase demands and also to prepare a future market for any enu related tokens.

For now the trading experience and interface isn't much friendly and since all ideas are being deployed fast to get a working market standby, in the future before the UBI dapps gets deployed, the market would be upgraded and everything standardize and simplified for everyone to trade easily without confusing.
https://enumivo.com/topic/915-enumivo-automated-market-maker-system/

Aiden Pearce:
I will be combining UBI, Liquidity Network, Republic of Enumivo into one. Now that i have perfected all the math of the automated market makers, I'll start working on the Republic of Enumivo and allow her citizens earn weekly UBI. The UBI token will become central to the new set of market makers. So when you become a citizen of this online nation, you earn UBI. And when you trade in its market makers, you earn additional UBI.

One fascinating thing about the market marker is that you can also own a % of the market by buying shares - they are many awesome markets like BtC/ETH/EOS/ buying shares in all this markets is like owning a part of the market and your shares add liquidity which in turn makes traders trade on the market to add extra liquidity and the more this takes place the more the market becomes more value, your shares too and escalate the volume of each trade deployed to trade against the Enu.

you benefits as your shares increase with more volume and more activities on the market.

For traders there is even more wins as all traders get "frequent traders point" [FTP] that also could be traded https://enumivo.com/topic/955-frequent-trader-points-ftp/

The Btc markets just hit 1btc trade yesterday and 3eth,how profitable is it for the traders and shareholders?
this would be discussed on the next enumivo article.

Enumivo Liquidity Network's first stablecoin contract No EOS/BTC/ETH
LTS -> lts.eln.coin -> ELN (1:1 trade 0 fees)
ELN -> lts.eln.coin -> LTS (1:1 trade 0 fees)


Markets Contracts
ELN -> eln.usd.coin -> USD
USD -> eln.usd.coin -> ELN


ELN -> eln.eos.coin -> EOS
EOS -> eln.eos.coin -> ELN


LTS -> enultsmarket -> ENU
ENU -> enultsmarket -> LTS


LTS -> satltsmarket -> SAT
SAT -> satltsmarket -> LTS


SAT -> enusatmarket -> ENU
ENU -> enusatmarket -> SAT


PHP -> enu.php.coin -> ENU
ENU -> enu.php.coin -> PHP


CNY -> enu.cny.coin -> ENU
ENU -> enu.cny.coin -> CNY


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