Tag: Analysts
Shinomics; the token that allows investors to earn SHIB automatically without effort
Shinomics is giving investors a chance to hold the token and earn SHIB without any action, all they have to do is hold.
Investors who are looking to earn passive income, now have an added stream, a token that allows them to earn SHIB automatically has been launched. Shinomics is a blockchain project based on Binance Smart Contract, allowing investors to make passive income or a reward in the form of SHIB tokens. SHIB token is a decentralized cryptocurrency that has grown tremendously just one year after its launch and has currently elicited great attention in the crypto world.
Shinomics; the token that allows investors to earn SHIB automatically without effort
Shinomics, which was launched on 8th November 2021 has a total supply of 1, 000,000,000,000 $Shin and is currently selling at $0.000000622422. Its current market capitalization is at $564,355. Reviews point out that although the token has a small market capitalization as of now, it is performing well in the market and has promising fortunes where investors can get relatively high profits.
Buying Shinomics
Shinomics have an elaborate four steps buying process, one that has been described by reviewers as the simplest in the market. An investor needs to download Trustwallet or Metamask; two apps that are widely used in the DeFi Market. Developers of the token recommend downloading the Metamask for its convenience while warning the investors not to share their seed phrase. The next step in the Shinomics buying process involves purchasing BNB or Binance Smart Chain to fund the wallet. After funding the wallet, the investor is required to visit Pancakeswap. finance/swap, while here the user can swap BNB with Shinomics.
Rewards
Rewards are given automatically every thirty minutes; investors are not required to claim it. This is the real definition of passive income, where an investor earns money by simply no effort on their side.
Confidence to investors
To safeguard the investors from Rug pull, the industry normally requires a token's liquidity pooled for a considerable time. Shinomics liquidity is locked for three months with a promise of further extension once the period lapses. The liquidity of Shinomics is further strengthened by the automatic Liquidity Pool where four percent of each transaction is transferred to LP. Apart from giving investors confidence locking the Liquidity pool for Shinomics will give the token adequate time to grow.
Roadmap
The token has a clear roadmap that investors and users can use to understand the journey of Shinomics. According to its developers and owner, Shinomics has already completed phase one which included: website launch, enlisting 2000 members on Telegram, creation of the smart contract, fair launch at Pancake, first marketing, and achieving 1000 holders. The token is currently at phase 2 where banner marketing and the first audit which was conducted by Techrate have already been completed. The developing team is targeting 2000 holders in the second phase where they have planned strong influencer marketing.
The token has an ambitious plan, it is not just planning to stay as a meme token. It is looking to develop and include more features and products that investors and users can gain from. The plans include the launching of the first NFT cards, and mobile game development during phase three. There are also plans to build a partnership, launch big promotions including NFT card giveaway as well as brand Shinomics. In phase four, Shinomics developers are planning to launch Beta Game, conduct the second audit with Cetrik, carry out a website redesign and publish the mobile game. There is also a ShinSwap that is scheduled to launch soon. Reviews have described the token as highly promising based on its performance in the market a few days after its launch as well as the planned features.
The team behind Shinomics
According to crypto token analysts, one of the factors that investors look at while selecting a token to invest in is the team behind its development. The analyst points out that the team needs to be well experienced in blockchain as well as running the token. Shinomics as pointed out by its developers meet this threshold. Behind Shinomics is an experienced team that prides itself on the knowledge that is required to build a successful project. The team has mobile core developers with loads of experience in the field.
The token's audit
TechRate, a company that specializes in free smart contract checks performed an audit of Shinomics smart contract where it sought to ascertain whether it was functioning as intended as well as identify potential security issues. From this audit, the token passed in all the 21 issues that were checked including compiler errors, possible delays in data delivery, front running, timestamp dependence, integer overflow and underflow, methods execution permissions, Oracle calls, design logic, fallback function security, and malicious event log among others. A second audit is scheduled during Phase 4 of the project development. It will be conducted by Cetrik, a leading security-based ranking platform that analyses and monitors blockchain protocols and DeFi projects.
For more information visit: https://shinomics.app/
Twitter: https://twitter.com/shinomicstokenn
Telegram: https://t.me/shinomicsofficial
BSC: https://bscscan.com/token/0x84bbad0fe2770790f2b587196c6ecb270e776647
DYP Launches V2 Staking, Buyback, and Farming Pools on Binance Smart Chain
These pools arrive at a critical moment for DYP, which analysts predict will surge by orders of magnitude in the weeks to come.
DYP's New Pools
According to a company statement, the Buyback pool will allow users to deposit various cryptos or tokens to begin earning. These include WBNB, BTCB, ETH, BUSD, or CAKE.
Upon deposit, assets are converted into a mix of DYP and iDYP tokens and placed into a staking contract. Users can then earn 30% to 100% APR, depending on how long they choose to lock up their tokens. All rewards are then distributed in DYP upon withdrawal.
Farming will provide another method for users to profit from their WBNB, ETH, or BUSD holdings. After depositing one of the platform's supported assets, users can start earning WBNB, ETH, and DYP as their rewards.
To protect from iDYP's price volatility, all pool rewards are automatically converted into WBNB. However, liquidity providers may also choose to be rewarded in ETH. Upon withdrawal, a user's funds will be 75% returned in the original deposit asset, and 25% returned in DYP.
Finally, staking lets DYP holders earn up to 50% APR with no impermanent loss. Like the buyback pool, the yield rate depends on how long users choose to lock up their holdings. It includes an integrated “reinvest” function, automatically distributing rewards back into the staking pool to compound one's earnings.
The staking pool also features a referral program, which will grant 5% of the referred party's staked earnings back to the person who referred to the Defi Yield Protocol. This gives users the chance to profit from helping market Defi Yield Protocol to friends and family, at no gas fee.
Altogether, the buyback, farming, and staking pools accrued over $40 million in deposits within a week after launch. As a reward, DYP paid 15,867 AVAX, 7,997 BNB, and 9,032 ETH to its respective, amounting to $44,149,334 worth of tokens at the time, With such lucrative payouts, its clear to see why users – and analysts – would be bullish about the platform.
DYP Ready to Pump, According to Analysts
CryptoBusy and Crypto Hustle – cryptocurrency traders and YouTubers – released a collaborative analysis video earlier this month. They offered their predictions for which altcoins would see the greatest returns during this bull cycle. Trading for about $0.72 at the time, Busy said that DYP was “potentially a 100x altcoin or higher”.
“Great team, great whitepaper, great roadmap, and great technology behind this as well,” said the Youtuber.
Busy called attention to DYP's anti-manipulation mechanism – which protects against the volatility of platform-native tokens used for rewards, such as BNB and AVAX – among other unique features.
Shortly afterward, DYP was deemed a “gem” investment pick by fellow trader CryptoRevolution, in his mid-November video titled “parabolic altcoin picks”. After investing in early November, the Youtuber personally saw 70% gains in DYP after only ten days.
Revolution anticipated that DYP would reach $1.28, or even $1.56 – over double its current market price. This is due to the large number of updates set to launch on Defi Yield Protocol in the weeks to come, which inspires the YouTuber's confidence in its future success. Besides an upcoming NFTs marketplace, DYP will also introduce NFT dapps, and specialized staking pools on Avalanche and Ethereum, equivalent to their new pools on BSC.
What is Defi Yield Protocol?
Defi Yield Protocol (DYP) is a multi-purpose platform for staking, yield farming, NFTs, and various trading solutions.
Uniquely, DYP is the first Defi platform to reward users in Ether. It also features anti-manipulation protection that protects the rewarding stability for those being rewarded in not-so-stable platform native tokens, such as iDYP.
The platform primarily functions as a decentralized tool dashboard. It includes decentralized scores, trust vote systems, and yield farm data to help investors make informed decisions.
The protocol is set to release numerous features in the future, including staking, farming, and buyback pools on Avalanche and Ethereum.
Website| Announcements | Discord | Twitter | Telegram | GitHub| YouTube
Introducing a New NFT Gaming Network Brute Force Fight
Similarly, in the blockchain and the crypto sector, the idea of NFT gaming has gained momentum very fast. Platforms like Axie infinity and many others have been benefiting vastly from the NFT craze in 2021. Gamers have gotten a new way of earning and maximizing incomes while gaming. Brute Force Fight is an example of a platform that aims to benefit from the NFT craze and simultaneously help users earn passive income while gaming.
Brute Force Fight defines itself as an NFT gaming network designed with a top gaming experience for players. It combines the concept of NFT gaming with Defi tokens thus is a play and earn platform.
How does the Brute Force Fight gaming network work? Please keep reading to see more about this platform and why December 2021 will be significant for them.
Brute Force Fight Game Description
Brute Force Fight combines NFT and Defi to offer an excellent experience to gamers. It uses the PvP and PvE game modes with a storyline of space exploration.
The universe was enjoying some peace until the discovery of interplanetary mining. Now, people from all over the universe, planets, and races are fighting to take control of space resources. In this game, you have to battle against other space pirates and win. The pirates may include other real-world players, AI-controlled ships, and other dangers.
In the game, players have the freedom to form federations. Federations are team-ups with other players. These federations can fight with other federations to take control of the given resources.
The concept of the Brute Force Fight gaming network is to allow players to mine resources and conquer other planets. When conquering, the teams will attack, set base, and fight other bases. Once you and your friend (federation) conquer a planet, you can continue mining.
Aside from conquering, you can also get into trade activities with other federations, bases, and nations. More so, since this is an interplanetary game, you can search for contacts with other races.
The $BFORCE Token
To power the entire network, Brute Force Fight introduced a native token, $BFORCE. $BFORCE is a BEP20 token that will help in different services within this ecosystem. Among the services include payment and exchanges.
According to their documents, they have a maximum supply of 10 million $BFORCE tokens. However, in the coming presale, they cap a total supply of 10 million tokens. The network distributes the tokens as follows;
50%, 5 million go to the community during the ICO
4 million tokens, 40% go to 3 Month lock for Game NFTs Marketplace
0.5 million tokens, 5% will be released through vesting, 1% per week for marketing
2% will help in marketing works.
2% for game development
1% for private sale airdrop
Other Features
Audit and KYC
Brute Force Fight had Solidproof audit their smart contracts to secure the player's and investors' funds. The idea of auditing contracts is to ensure they are not vulnerable to external or internal attacks. Auditors often check the code to ensure it's correct and has no errors. Hence, the contract will not be a threat to the gamers in this network.
Aside from the audit, Solidproof conducted a KYC scanning of the Brute Force Fight team. KYC, Know your customer, basically involves looking deep into the people around the project. In this case, the persons who are given a more profound look are the team members. The intention is to see whether the team members have any money fraud issues.
However, the audit and KYC report will be released once Solidproof is through with the process. The report will be available via the website and social media pages.
The BSC Base
The Brute Force Fight gaming network took its base in the Binance smart chain. But why? Ethereum, which provides smart contract support, is currently facing tons of issues, including lacking scalability.
However, BSC was developed to be the alternative for Ethereum. Hence it's scalable and has high speeds. The Brute Force Fight will therefore have an easy time expanding and serving more gamers globally. This gaming network is consequently looking into its future.
NFTs Shopping
The Brute Force Fight network also introduced an NFTs shopping in-game market. Users of this market will leverage $BFORCE native coin to buy and sell NFTs.
According to them, this online in-game marketplace will be available to gamers and everyone else.
Accordingly, the network will be airdropping NFTs to players. The trading platform will enable players to exchange the NFTs with $BFORCE tokens.
Brute Force Fight Team
The Brute Force Fight team is made up of several people, all majoring in different fields. Among the tasks worked on by the team include,
Software Engineers
Designers
Marketing Manager
Social Media Experts
However, the network has not fully displayed the names of the tea members. Hopefully, they will do so soon.
Developments Coming Soon
According to their social media pages, December will be a big month for the Brute Force Fight network. One of the significant happenings this December will be the token presale. Starting December 7th, Brute Force Fight will launch the ICO on the Unicrypt launchpad. So, ICO investors can spare December 7th to participate in this presale.
Brute Force Fight intends to sell 5 million tokens by the end of the ICO. Their target hard cap is 2000BNB. 1 BNB will be equal to 1500 $BFORCE Token during the ICO period. Maximum spending per wallet during the ICO is 3BNB, which is an equivalent of 4500 $BFORCE.
Immediately following the ICO will be the tokens listing in exchanges. The listing price is set at a little higher than the ICO price. 1BNB will be equal to 1350 $BFORCE. Aside from exchange listings, $BFORCE intends to list in analytical networks like Coingecko and Coinmarketcap this December.
In February next year, Brute Force Fight will officially launch the game for the public. Investors, gamers, and crypto enthusiasts should watch out for this gaming network. You can also join our communities on Twitter, Reddit, and Telegram to get more updates as they come.
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