ETNA: An All-inclusive Ecosystem For DEFI, NFTs and Gaming
Did you ever hear about the necessity of NFT or Non-Fungible Token? If no, then let me clear it first. NFT stands for "non-fungible token." An NFT is basically data that is stored or accounted for in a digital ledger, and that data represents something specific. The recording (or ledger) where that token is certified as proof of ownership is called a blockchain. And here is ETNA . Let’s go to be introduced with ETNA .
Etna is a cryptocurrency game that uses blockchain industry practices to create a distinct product that is completely independent and irreplaceable. the game “on the” game as a field for financial investments. “ Simply extraordinary charm and value put, games are now not only an entertaining game, but also a place where you can make money by investing and making money. In the cryptocurrency market, this is a real project with.
As this stage in crypto industry, the decentralised finance commonly known as DEFI is one of the most talk about concept. DEFI encompasses all types of blockchain financial applications and products which include lottery, swap, loan, yield farming and many more. Through DeFi features, its users can make huge gains off their investment. Beyond DEFI, other innovative concepts which are making waves in the cryptosphere include NFTs and Hybrid Gaming Platforms. All these new concepts make the industry more enticing than ever.
There are many new blockchain-based projects out there that are into DEFI NFTs and Hybrid Gaming. One of such projects is ETNA which is an innovative platform developed to provide its users with DEFI, NFTs and Hybrid Gaming Ecosystem features. It offers an all-inclusive features related to DEFI, NFTs and Gaming.
How It Works
As someone fully engaged in the crypto industry, you shouldn't be new to words like DEFI, NFTs and Hybrid Gaming. They innovations that are making waves recently in the industry. Through DEFI, its users can exchange cryptocurrency, get access to loan or many other financial products and services in a secure environment. Through NFT, digital products and collectibles can be exchange on a blockchain marketplace while Hybrid Gaming is a protocol that helps developers to easily deploy games on blockchain protocol. These three unique concepts are created to meet the various needs crypto enthusiast and they can be combined into one platform has offered by ETNA. ETNA is an all-inclusive ecosystem for anything DEFI, NFTs and Hybrid Gaming. Through it, users will be able to access its multiple features for their financial, digital products and gaming needs.
It functions by becoming a protocol that integrate DEFI, NFTs and Hybrid Gaming together in order to create a platform for users which focus on their needs and reinvent cryptosphere thereby helping to reach the goal of cryptocurrency and blockchain technology mass adoption.
ETNA Features
As a protocol for DEFI, NFTs and Hybrid Gaming. With this three protocol in one platform, it will be more easier for users to lend and borrow crypto tokens, trade game and digital collectibles or any other thing in one place. ETNA is built on Binance smart chain network and we all know how fast, efficient, low transaction fee, and secure the platform is. Below are some of the unique features of ETNA;
- DeBank: This is a lending/borrow part of ETNA. Through it, users can have access to loans by using NFTs and digital collectibles as collateral. Those holding the platform token will have the unique opportunity to borrow without having to pay interest.
- Hybrid Marketplace: This is a marketplace for the trading of numerous crypto tokens without the need to have multiple crypto wallets. The platform is two dimensional protocol which are well-known liquidity DEX protocol and Broker-Buyer type trading method.
- NFTs Marketplace: This is a marketplace created for the buying and selling of art-related contents and collectibles. Platform users will be able to trade their game assets and collectibles or NFTs tokens on the platform.
- Gaming Ecosystem: As the name implies, it is an ecosystem which ensures easy integration of conventional games on the blockchain and digitalisation of game assets. Through the platform, users will be able to access tournaments, live global gaming events and also be able to compete with each other on the virtual space.
Platform Utility Token
As a platform built on binance smart chain network, the need for its own token which will power its operation cannot be overlooked and this is the reason for the creation of ETNA native token. The token is used for various payments on the platform. The benefits of holding the token is that you will be able to access loan without having to pay interest and also token holders will also be able to earn passive income. The total supply of the token is 100, 000,000 ETNA and it can be easily bought on Pancakeswap-a decentralised exchange that supports binance smart chain tokens.
Final Notes
It is no gain saying to say that DEFI, NFTs and Hybrid Gaming are talk of the town in crypto world. These three innovations solve various issues and needs of crypto enthusiasts and users. With them, Crypto is more unique and usable for many and ETNA has brought the three unique innovations together in one place thereby offering its users many unique features to meet their crypto related needs in a secure and easy to use ecosystem.
Accurate Information:
Website: https://www.etna.network/
Telegram Group: https://t.me/EtnaNetwork
Medium: https://etnanetwork.medium.com/
Whitepaper: https://www.etna.network/assets/ETNA.pdf
Twitter: https://twitter.com/EtnaNetwork
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