CupFinance Review. Project advantages, NFT prospects, mining

in #blockchain4 years ago

Hello friends! Today I will tell you about a cool project where you can not only save your money but also earn money, tell you about the pros, the advantages of Cup Finance, as well as how it differs from other projects, besides this, one should not forget about the prospects of this direction and about NFT of course which can rise quite well in price. Go!

A bit of reasoning about Defi

Hundreds DeFi projects are born every day, n of them are completely unstable, decentralized applications to "liquidate Mining". They face death at birth. These projects are doomed to failure due to the extremely poor token economy: a large number of new tokens are mined every day, and the market lacks funds for this. 

On the other hand, they did not reward the permanent token holders and supporters, but gave away most of the tokens to whales and scientists for free, and the whales did not contribute anything other than selling a large number of tokens even without Farewell. " Moreover, some of these projects were created by hackers.

These teams manipulated the market or minted new tokens and then dumped them on the market to reduce the liquidity of the tokens. As you can see, the situation is now very dire, but with your help we can change that. 

It's time to get ready! It's time to stop investing in unverified code, unverified code, or unfairly distributed projects. It's time to raise our standards and announce projects focused on transparency, community and sustainability. It's time to look at a truly robust token economy and deflationary tokens! Go!

Features of the project

Advantage 1 - THREE tokens are fairly distributed in THREE phases

There are THREE different tokens, fairly distributed in THREE progressive phases for everyone who has placed Uniswap V2 LP tokens in one of the liquidity mining pools. By using the HODL Power Function, it can be ensured that the majority of the tokens are distributed fairly among long-term custodians and supporters.

Benefit 2 - Commission of 20% to add to the liquidity pool: an efficient mechanism to ensure long-term benefit

Cup.Finance bet is 20% commission. This feature is designed as an effective safeguard mechanism that provides constant liquidity for our staunch supporters, as all 20% of the commission will be added to the liquidity pool on Uniswap automatically through a smart contract and no one can remove the liquidity. Thus, engaging in staking is the safest way for long-term holders to enjoy Cup.Finance!

Benefit 3 - Deflation Tokens, reduced hundreds of times in each phase

As you can see, new DeFi projects continue to launch, and new tokens are mined at extremely high inflation every day, leading to the death of projects. Even Cup.Finance has THREE tokens, but at each phase of liquidity mining, the number of tokens will be reduced by a factor of one hundred, and only one token will be mined at each phase, which ensures that tokens will always be in a deflationary state.

Advantage 4 - It's a decentralized marketplace and it's profitable!

Cup.Finance aims to become a global blockchain-based digital collection hub based on popular sports licenses, and thus it will be a project supported by continuous cash flow. More details will be announced after the marketplace launches.

Benefit 5 - Referral Rewards

Users who enter using the referral link and enter the wallet will be forever linked to the Ethereum address and will receive 10% of all income of the invited user and 5% of the income of the newly invited user, i.e. if user A was invited. user B, and user B invited user C, user A will receive 10% of user B's revenue and 5% of user C's revenue.

About NFT



Sports memorabilia continues to resonate in the world of sports with concepts such as dedication, dedication and passion. The baseball signed by the team's legendary slugger, the boots that buried the winning goal in the final moments of the cup final, replica. 

10 the sweater worn by the magic playmaker: nostalgia motivates collectors Intentional collectibles have also found a haven for sports enthusiasts, such as player collectibles or commemorative merchandise. This emotional resonance between teams and athletes is now moving beyond the physical to the digital realm.

Using blockchain, we create a true digital collectibility. Similar to physical collectibles, the new wave of digital collectibles can be wholly owned by players and freely traded and traded. But digital collectibles can also have experiences built to use them, like playing games. Each experience not only adds usefulness to the collectibles, but can also increase their potential value.

Introducing blockchain and non-fungible tokens

Blockchain is another type of database, an immutable ledger, that can be used to verify ownership of digital content as well as to verify the authenticity of such content.

This immutability exists due to the way new data is added to the blockchains. Data is added to the blockchain as blocks, and new information is added as new blocks. This means that the previous information is retained and not overwritten. 

Hence the name: blockchain. Thanks to this technology, blockchains allow non-fungible tokens (NFT) to exist: assets that are created and recorded on the blockchain. Due to the immutable nature of the blockchain, these NFTs can be proven to be unique assets without duplicates. The immutable history and the trust that blockchain provides also allows true ownership to exist. Immutable records help confirm that the content owner is undeniable, giving players the confidence that their content really belongs to them.

Introducing Cup.Finance: a decentralized sports digital asset marketplace with better liquidity and MORE!

Over the past few years, we have all witnessed the emergence of several new digital assets on the Ethereum blockchain. The most famous of these were cryptocurrencies, but a few more are emerging and several more Ethereum-based games are in development. 

We believe these assets will explode in the coming months. Most interestingly, the community has further improved the ERC721 protocol. The ERC721 token standard provides a common interface for the accounting, transfer and verification of non-fungible digital assets.

Cup.Finance is a decentralized sports digital asset trading platform on the Ethereum blockchain.

Cup.Finance aims to become a global blockchain-based digital collection hub based on popular sports licenses and has created a new form of NFT trading, improving liquidity and valuation techniques for the NFT world.

Pros of NFT

The fractions or "particles" in cup.finance have many advantages that we highlight here, and probably many others that remain to be discovered. At its core, Particle is an ERC20 token that functions like any other token on Ethereum, and its key features are:

Dynamic Score: Every time a particle is traded on the open market (Cupnftswap), the total NFT value is updated, which is simply a multiple of its number of particles.

More Democratic: Since you can now buy NFT "particles", access to valuable objects has been expanded from one to an almost infinite number of collectors. This access is, of course, also much cheaper: it makes NFT diversification much easier for portfolio builders.

More liquidity: More buyers and sellers means better markets. particles also make it much easier to diversify and get rid of scarce digital assets. The NFT holder may have the right to allow anyone to provide liquidity and receive Cupnftswap tokens as a reward.

Governance and rights: As control now extends to a potentially multitude of stakeholders, NFT “rights” such as revenue sharing and voting become tangible concepts, and models of digital asset governance are opening up.

Extraction of liquidity + elimination tournament


Fans of American professional sports like basketball, ice hockey or football should be familiar with this popular system, and most European sports fans love them - knockout, knockout, or sudden death. This is a type of knockout tournament where the loser in each match is immediately eliminated from the tournament. Each winner will play against another in the next round, until the final match, the winner of which becomes the champion of the tournament.

Each match can consist of one or more matches, such as two-legged matches in European football or winning streaks in American professional sports. Defeated participants can no longer play their part after losing. 

The Elimination Tournament Connection with the DeFi Ambition by Cup.Finance Why are we telling you all this? Well, Cup.Finance has a similar system. we have seen a boom in decentralized finance (DeFi). The exponential growth and FOMO sentiment around DeFi has drawn a slew of new crypto investors and developers into the space and has piqued the interest of traditional financial players.

Thus, we designed Cup.Finance as the next step forward in the development of the DeFi protocol: evolution. Building on the elegant core designs of DeFi projects, we've added a knockout tournament system and NFT features that we believe help improve protocol design and provide added value for long-term contributors.

Cup.Finance liquidity mining is split into three rounds, each mining round has multiple pools to choose from, and only the liquidity providers who finally persist in each round can move on to the next round.

Players who don't persist will be excluded outright and will not be able to participate in the next mining round. After several rounds of competition, the liquidity provider who has been with the project the longest can win the final championship. 

As each round of mining starts, new tokens will be issued, and in terms of quantity, the new tokens are significantly devalued compared to the previous round of old tokens, allowing the long-term partners of the project to gain more value.

About referral

Users who enter using the referral link and enter the wallet will be permanently linked to the Ethereum address and will receive 10% of all income of the invited user and 5% of the income of the newly invited user, that is, if user A was invited by User B and user B invited user C, user A will get 10% of the income from user B and 5% of the income from user C. (Even user A contributes 0, this still works)

Outcome

If we draw conclusions, then I can say that the project is really worth attention, plans are already being implemented and the developers are aimed at the distant future, so I advise you to subscribe to their social networks. And also we see with you the really strong sides of Cup Finance, which will help us to multiply our funds well. I advise everyone to take part!

▶ ️ Cup.finance website :https://cup.finance
▶ ️ Cup.finance Telegram: 
https://t.me/realcupfinance
▶ ️ Cup.finance Tel: 
https://t.me/cupfinancenews
▶ ️ Cup. finance Twitter: 
https://twitter.com/GOcupfinance
▶ ️ Cup.finance Gitbook: 
https://rules.cup.finance
▶ ️ Cup.finance Reddit: 
https://www.reddit.com/user/cupfinance

My Contact Information

Author: baksosuper
Eth: 0x9FE2d477B58493E88935d071838a190826DeC2E9
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2361818