Mocktail is the world’s first ERC-1155 semi-fungible token built on the Binance smart chain.
About
Mocktail is the world’s first ERC-1155 semi-fungible token built on the Binance smart chain. But it is not just an ERC-1155 token, Mocktail is also an AMM protocol and exchange platform that allows users to access various decentralized financial services, allowing them to maximize their profits in the cryptocurrency market.
ERC-20 is a token that has undergone significant development on the Ethereum blockchain. Many platforms issue their tokens based on Ethereum ERC-20. This is because Ethereum is the largest and best-proven decentralized open source software platform. So many platforms are accepting the Ethereum blockchain. Along with the development of Ethereum, several types of tokens began to appear, for example ERC-1155. ERC-1155 is the “latest token standard for Ethereum” that allows one smart contract to manage an infinite number of tokens.
Mocktail is a platform that accepts a semi-fungible ERC-1155 token. By adopting ERC-1155, the Mocktail token will become the catalyst that will support the Mocktail Swap. Token Mocktail was developed on top of Binance Smart Chain, which is known as the latest Ethereum-based blockchain protocol, which has speed, security, low fees and a great ecosystem compared to the traditional Ethereum platform.
Imagine you have a vending machine that can dispense a variety of products. This vending machine can be thought of as ERC-1155, which will act as a standard interface for contracts that manage multiple types of tokens. If with Erc-20 we need a new smart contract to deploy each new class of token, then with ERC-1155 one smart contract can manage several tokens at the same time, be it fungible tokens, non-fungible tokens or others. Thus, ERC-1155 is considered to be more flexible than protocols such as ERC-20 or ERC-721.
Mocktail not only includes the ERC-1155 token, but also acts as an AMM protocol allowing people to access profitability optimization using multiple strategies on Binance Smart Chain (BSC) with low fees / slippage. This allows the user to get the most out of it.
The mocktail will also be a decentralized swap solution built on the BSC platform. Allows users to access a secure and fast exchange platform.
Features
Mocktail is a platform that allows users to access various decentralized finance features built into the binance smart chain. With Mocktail Finance, users can maximize their profit with a multi-yield strategy optimizing the BSC. Or swap tokens on the Mocktail Swap platform with low fees. This is a new ethereum token standard and Dapp built on the Binance Smart Chain.
ERC-1155 token standard:
Mocktail Token based on ERC-1155 standard Semi-Fungible Token built on Binance Smart Chain. And it is the first ERC-1155 token built on the Binance Smart Chain.
Swapping:
Mocktail allows users to swap their tokens for other tokens with low fees.
Farming:
Users can earn crypto by lending their tokens to others via smart contracts.
Liquidity:
Users can participate by becoming a liquidator and get rewards according to their participation.
Staking:
Allows users to stake their tokens and earn rewards according to their participation.
How It Works?
MOCKTAIL is the world’s first ERC 1155 standard Semi-Fungible Token (SFT) on Binance Smart Chain.
Mocktail Token is the first semi-fungible token on Binance Smart Chain.
It’s a new Ethereum token standard and a new type of dapp on Mocktail Finance! The ERC-1155 token standard provides a way to make one smart contract govern almost an unlimited number of tokens — technically, 2²⁵⁶ token types with up to 2²⁵⁶ copies of each.
Additionally, each token is semi-fungible. Unlike ERC-721 non-fungible tokens (NFTs), which can only be owned by one address each.
MOK Token
MOK is a token launched by Mocktail that will act as a token that keeps the platform running. MOK is based on the ERC-1155 token standard, which is a standard token and a new type of decentralized application in Mocktail Finance. MOK is built on Binance’s smart chain, which is known to be faster, safer and lower in fees. It is a semi-replaceable token, meaning that this token can belong to multiple addresses, and multiple copies of each token can belong to one address.
Ticker: MOK
Chain: Binance Smart Chain (BEP-20)
Address: https://bscscan.com/token/0x23A1c4025Aa5Dc7f876530bEb76346b99d50C3AA
Private Sale
Starting Block : Yet to Announce
Starting Time : APR 1, 2021 17:00 UTC
Ending Time : APR 2, 2021 17:00 UTC
Soft Cap : 500,000 MOK
Hard Cap : 1,500,000 MOK
Circulating Supply : 0 MOK
Private Sale : 1,500,000 MOK
Min. Investment : 0.01 BNB
Max. Investment : 100 BNB
Initial Token Distribution :
5% Team
7.5% Bounty & Marketing Caimpaign
12.5% Ecosystem
75% Private Sale
Mining Token Distribution :
25% Staking
37.5% Burning
37.5% Farming
How to use?
This is Binance Smart Chain's new Ethereum token standard and a new type of distributed application for Mocktail Finance.
The ERC-1155 token standard provides a way for a smart contract to manage an almost unlimited number of tokens. Technically, there are two types of tokens, each with a maximum of two copies.
In addition, each token is semi-substitutable. Unlike the ERC-721 non-fungible token (NFT), each token can belong to only one address.
Semi-exchangeable means:
-Each type of token can belong to multiple addresses
-One address can own multiple copies of each token.
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Writer Details:
Bitcointalk Username : Freeyman
Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=2780948
Prove of Authorisation: https://bitcointalk.org/index.php?topic=5327223.msg57120141#msg57120141
Binance Smart Chain address: 0xc5D48F915ABeD2a609088D74262d28f2D8822D92