YFX TOKEN GENESIS MINING

As of today, YFX is yet to issue its official token(as it hasn't begun trading on any exchanging platform). But it has put the needed requirement in place to start up its Genesis mining as of today.

BRIEF REVIEW ABOUT YFX

YFX is a straightforward decentralized trading platform for perpetual contracts. All assets are facilitated by smart contracts.

A smart contract is self-executing and a contract with the consensual agreement between both transacting parties written in code lines. The code and the agreements contained are left across a distributed, decentralized blockchain ledger. The code takes charge of the execution, and transactions are recorded, trackable, and not reversible

It permits the conveyance of secured transactions and agreements to be carried out among two different anonymous parties without the need for a central authority or a third party system, or external enforcement law.

All smart contract codes on YFX DEX are open sources, which have been examined by the expert establishments. Users have full control of their assets in smart contracts.

YFX-DEX Trading Principle

YFX is a decentralized smart contract trading platform is the most recent decentralized cross-chain trading platform which underpins numerous blockchains including Ethereum, TRON, Binance Smart Chain(BSC), Huobi Eco (HECO) Chain, OKEX Chain, and Polkadot. Through the specialized technical plan, for example;

•Reasonable value quotation
•QIC-AMM
•Constrained liquidation
•Trading charges
•Traders being able to utilize any token on Ethereum, TRON, Binance Smart Chain, Huobi Eco Chain, OKEX Chain, and Polkadot, including ETH, TRX, USDT, USDC, WBTC, utilized as an edge to open long or short positions.

YFX is such decentralized in that everyone can partake in its liquidity vote mining

Liquidity mining is naturally performed by YFX's smart contracts with an open capital pool that expands each client's energy for mining and actuates each client's worth creation.

YFX GENESIS MINING

YFX GENESIS mining is scheduled to start today March 2, 2021 till March 11, 2021, and the mining plan will take place accordingly to the headings given below:

TOKEN DISTRIBUTION

The token distribution plan for YFX GENESIS mining is divided into four portions: Community taking 60% of the token allocation, Team and early investors taking 25%, Strategic partner taking 10%, and the Strategic Investor will be allocated the least as 5% is allocated to it.

1) Community Token Allocation: This mainly comprises Genesis mining, airdrop, other promoting action, and community rewards.
The token will follow a three-way distribution part which is distinguished by years. The first part is the distribution of 50% of the token from the whole 60% token allocatio , in the primary/first year then followed by the second year taking 25% of the token's distribution and finally the third/last year taking the remaining 25%.

2) Team And Early Investor: The allocation is distributed into two portions: 20% is going to be made available to team members and early investors who provided initial financial backing.

While the remaining 80% will be shared evenly and in all fairness for a year too early investors and two years for the team.

3) Strategic Partner: 10% of the Token allocation will go to the YFX key partner as earlier stated.

Thirty percent(30/100) of the whole allocated token distributed will be delivered when the YFX token begins to disperse. 70 percent (70/100) of which is to be discharged straightforwardly within a year.

4) Strategic Investors: Despite getting the least distribution their role in token allocation can not be waved off as they provide vital funding to the platform

This part of the token allocation is saved for Strategic investors later on(kept as a backup fund). 30% will be discharged immediately, while the rest 70% will be straightly discharged in a year. The YFX economic model followed the pattern below to ensure the smooth running of the DEX

* Half of the exchange expense(transaction fee) gotten by YFX will be utilized for token repurchase on Decentralized exchanges (DEX) such as Uniswap, Mdex, JustSwap, or different trades.

*It prohibited that more than half of the insurance fund will be utilized for token repurchase.

*YFX token can also be utilized as an edge in perpetual contract exchanging (In simple terms they can serve as margin when it comes to perpetual trading).

*The voting force/ability of the YFX token is in an equivalence.

GENESIS MINING

3,000,000 YFX token will mind out for the first stage of genesis mining and this will be done by Trade Ming, Liquidity Mining, and Trading rivalry. The first round is going to reign for about fourteen days on Binance Smart Chain, Heco, and Tron.

YFX token is going to be delivered after the second round of Genesis Mining closes. Gauge no later than the center of April. All mined tokens will be delivered simultaneously. No lock-up period.

FIRST ROUND GENESIS MINING

Time span: March second, 2021 to March 15thh, 2021.

(1) Trade Mining

This will be taking place on the DEX stated below:

BSC: https://bsc.yfx.com/
Heco: https://ht.yfx.com/
Tron: https://trx.yfx.com/

For each position a user holds, he/she will get an equivalent in hash Power. 1$=1 hash Power

For a better explanation, if a position with a value of $800.60 is being traded, an equivalent of 800 hash Power will get.

The Hash Power reward follows the simple arithmetic equation below:

Estimated YFX tokens rewards = Your Hash Power for Trade Mining/Total Hash Power for Trade Mining * YFX Trade Mining token pool.

For trade mining, you need to exchange on the trading sets beneath to get the YFX token. New trading pairs may be added.

For Binance Smart Chain(BSC): BTC_USDT(USDT)

HECO: BTC_USDT(USDT), ETH_USDT(USDT), BTC_USDT(HT)

TRON:BTC_USDT(USDT), TRX_USDT(TRX)

The accompanying wallet upholds exchanging on YFX: Meta Mask, Tronlink, Huobi Wallet, Trust Wallet, Math Wallet, imtoken, Token Pocket, Bitkeep, Bitpie, HyperPay.

(2) Liquidity Mining

Liquidity providers are made Hash Power holders simply by providing liquidity to the YFX's market creator pool. The greater liquidity you give, the more Hash Power you get, likewise, the more drawn-out time you hold the LP token, the more Hash Power you get.

You will get 1 Hash Power for 1 USD Valued added market maker pool each. For instance, if you add $10 to the liquidity pool, you will get 10 Hash Power from the following minute. On the off chance that you hold this for 60 minutes, you will get 600 Hash Power.

Estimated YFX tokens rewards = Your Hash Power for Liquidity Mining / Total Hash Power for Liquidity Mining * YFX Liquidity Mining token pool.

Disqualification can result if the transfer of the LP token to other addresses is made.

(3) Trading Competition

Another way of entering Genesis mining is by partaking in a trading competition on YFX DEX. We will reward top winning and top losing accounts with the YFX token. Ranked from the first to thirteen positions. The first position; the best/earned trader on YFX DEX. Reward slated for this position is 30,000 YFX token. This is followed by the second position with the reward of 20,000 YFX tokens.

Followed by the third position with a reward of 10,000
For the 4th to 13th position, 2,000 YFX tokens each will be rewarded
The last position (who lose the most) in trading will be allocated 10,000 YFX tokens. Last 2–11 place：1,000 each

(4) Invitation Rewards:

By inviting others to partake in YFX Genesis Mining through your referral link you stand a chance of getting more Hash Power. When your referred makes any trade, you will get 10% Hash Power of his/her trade. The more people you invite, the more Hash Power you got .
NOTE: 1USD Trade Value = 1 Hash Power.

For more information on YFX TOKEN GENESIS MINING you can reach out to YFX through it's social media:

Website: https://www.yfx.com/

Twitter: https://twitter.com/YFX_Defi

Telegram: https://t.me/YFX_EN

Discord: https://discord.gg/xwAtjpabC5

Media Contact: media@yfx.com

The term earning while asleep is commonly found on the internet. When you are surfing some sites, you may come across some pop-ups talking about earning while asleep.

Of course, many people do not understand what this term means and how they can benefit from earning while asleep. This article will discuss what earning while asleep mean and how you can really earn while you are asleep.

Earning while asleep

This does not mean that there are opportunities where you get paid because you are asleep. However, this simply means that you create your own opportunities where you earn even in the middle of the night while you are asleep.

Most notably, it refers to earning passive income. In simple terms, passive income means the interest or returns you earn from your investments. Let’s have an example to assist our understanding.

Say, you invest $1 000 with a reputable and reliable company such as Web Token Profit and you get a return of 0.9% per day, as it currently offers. This 0.9% is the amount you earn for keeping your $1 000 in the Web Token Profit for 24 hours. As you can see, the other part of the 24 hours you will be asleep. So you earn the money while you are asleep.

Put differently, earning while asleep means investing your money and receiving an earning for it. It is different from active earning of money, where you are paid for completing a task.

However, in our very recent terms, earning while asleep does not only mean invest and earn interest. It also encompasses other activities that you carry out and earn continuously from that, without additional effort.

As an instance, you can install a mobile earning application on your phone, where you do not pay any money and mine tokens or coins. However, by having this mobile application you earn every day. That is earning while asleep. An example of a mobile phone where you earn while asleep is Bee and Pi Mining. I talked about Pi Mining previously.

How you can earn while asleep?

In this part, we discuss a few ways you can earn while asleep.

Staking: Staking involves freezing your tokens or coins for a specific period of time. You will not use them during that time. In return, you earn an interest quoted as APY. There are many staking sites including many exchanges such as Atomic, Coin Galaxy and BTC-Alpha.

Unique staking platform is OroPocket, through UniFarm, where you stake one coin and receive up to five tokens. This is a great earning opportunity. The best of the staking programs.

Mining: Mining is a process of releasing more cryptocurrencies. Some people call this minting new cryptocurrencies. This takes different forms, such as airdrops and faucets.

However, most companies these days, allow you to pay a certain amount of money and earn the token over a period of time, starting from 24 hours. Popular mining sites include Genesis, ECOS, Mining City and Crypto Accelerator.

My short focus shall be on Crypto-Accelerator, the most unknown platform by standards. However, this is my favourite mining site. Once you join this platform, you mine a coin called WEC. This is another so popular cryptocurrency but performing very well.

But my focus is on Crypto Accelerator. You can start earning from mining by paying as little as $33 by the current rate. The good thing about this site is that you reinvest your earnings at any time.

Any you can also terminate the mining contractor at any time. For more information visit Crypto Accelerator.

Yield Farming: This is a third way of earning money while you are asleep. However, it is more like investing. Many people confuse staking and yield farming because they work in a similar manner. You stake your coins in order to earn a return.

Here is the difference between staking and yield farming. Staking normally means staking a single cryptocurrency. However, yield farming involves staking two cryptocurrencies, which are paired. For example you can stake BTC/UNI pair of tokens/coins. In some cases, you get an LP.

However, this explanation should not digress us from our discussion about earning while asleep.

Mobile applications: This is probably the latest type of earning while asleep and most people do not realize that. But let me explain. You simply install a mobile application, where you earn tokens/coins through a mining process. The application installed on your mobile phone simply mines some coins.

We believe that IT is changing and will keep changing the way we live and of course our future. IoT (Internet of Things) has been a major topic of discussion, especially in 2014.

Everyone predicts that in the near future almost everything will be connected to the Internet and will have its own IP address. Connectivity not only includes PCs, laptops, tablets, and smartphone, but coffee machines, refrigerators, TVs, washing machines, microwaves ovens, cookers, closets, etc…

I am afraid that one day the refrigerator will refuse to open because it reads my mind about wanting chocolates and finds that I am overweight. The next day my car will not drive me home, but to the local gym after checking my schedule and finding some free time. Then it will kick me out saying, “Go do some exercises, your extra weight consumes more fuel, and my chassis will not endure until next summer!” Thank goodness it is just a dream right now. I do not even own a car and will never think about buying a smart internet connected refrigerator, simply because it is very expensive.

In this article I will share my thoughts and raise questions about IP addressing related to IoT’s future:

BitCherry | IP addressing issues related to the future of the Internet of things (IoT):

In 2012, the number of Internet-connected devices exceeded the number of people on earth, and about 25 billion objects will be Internet-connected by 2020. The numbers are amazing, but in order for IoT to reach its full potential I think we will need more IP addresses than we are currently anticipating.

If we look back to the 90’s Dr. Vinton G. Cerf, aka the “Father of the Internet”, showed up with his T-shirt “IP on Everything”. He had a strong vision about IP and the way we should use it. So how can IoT reach its full potential?

IPv6 is the most promising solution right now. When IPv4 was introduced no one imagined the future size of the Internet. IPv4 only had the capacity to handle 4.3 billion addresses, while Ipv6 can handle about 340,282,366,920,938,463,463,374,607,431,768,211,456 address. Will IPv6 be enough for IoT devices and objects? Until now it seemed the answer was yes. But what about tomorrow and the day after tomorrow?

In most of today’s IoT systems, sensors collect data and use wireless connectivity to forward it to the controllers. The controllers which are IP-Enabled gather the raw data and forward it across an IP network to the online application in order to process the data, which allows individuals to access the controller remotely. Many sensors are connected to one controller, which connects to the IP network using a IP address. This means many sensors share one IP address. Now there are IP-Enabled sensors that support TCP/IP, which removes the need for a controller. Will that start a new model where sensors and controllers are combined in one system, like a wearable PC? If so this will increase the demands of new IP addresses.

For example, in agriculture instead of one weather station for the whole orchard, maybe every tree will have its own internet connected microcomputer device, which will have a lot of sensors and data collected by those sensors, sent over WLAN or the Internet to farmer system software which manages the orchard. This means every tree will have an IP address to connect to the WLAN and the internet. I don’t think that will be limited to orchards only. Cattle farms already use simple wireless sensors to report the temperature of the cattle and detect illnesses early. Maybe every cow in the future will wear its own computing device, so it will need its own IP address. Maybe in the future we will see new technologies like: COIP (Cattle over IP), TOIP (Tree over IP) & POIP (Pet over IP).

BitCherry | With the demand for new IP addresses, is IPv6 enough?

In order to solve these issues, BitCherry firstly proposed, the block chain network protocol built on IPv8 technology. The size of an IPv8 address is 512 bits, compared to IPv6 (128 bits) and IPv4 (32 bits). The address space therefore estimated has 2^512 = 13407807929942597099574024998205846127479365820592393377723561443721764030073546976801874298166903427690031858186486050853753882811946569946433649006084096 address which enough for every single thing on earth to have IP Address.

In order to ensure privacy of data transmission and malicious nodes, different with the traditional P2P network protocols, The P2P+ network protocol uses a point-to-point high-strength private key encryption technology. The transmitted content is encrypted, and only the receiving node can decrypt it, ensuring the confidentiality of the transmitted content and node privacy. The public-private key mechanism can be used not only to encrypt the communication process, but also to authorize access through signatures. Unlike the SSL certificate system and account/password method adopted by OpenSSN, P2P+ authorizes network reads/writes of 8-bit virtual IP addresses and identifies them by the public key signature of the virtual IP addresses to prevent false IP address attacks.

BitCherry P2Plus work on more underlying IP network layer and the data link layer (which can work simultaneously in Host and router), so P2Plus can easily penetrate any network, firewall, and network fence, greatly improving the accessibility of data transmission.

As it can be seen above, Huawei New IP and BitCherry IPv8 have some similarities like:

1. Background: Both are based on the disadvantages of the traditional Internet, which exist in the background that the traditional Internet is unable to support the connection of massive, networked subjects, has low transmission efficiency, instability, and is prone to attacks.

2. Objective: Both are committed to build a more secure, efficient, and open internet, supporting the interconnection of all networks, the interconnection of all things, and precise transmission. It has the characteristics of flexible addressing, efficient operation, safety, and efficiency.

When the reality of traditional internet increasingly becoming unstable, we believe there will be more new technologies that will build with BitCherry for a better future, we also believe, this technology of BitCherry, will become the most dazzling star. The release of new IP will also have a more active role in the development of BitCherry, the two will work together to accelerate the upgrade of the Internet. Let us look forward to the arrival of web3.0 together!

Explore BitCherry Official Website to know more about IPv8 : https://www.bitcherry.io/

Blockchain Project Observation: Polkadot Parachains Online Process Release, BitCherry Testnet Phase II Coming Soon

Since 2021, the blockchain field has accelerated into the era of ten thousand chain interconnection, and cross chain star projects such as Polkadot, Cosmos, aelf, BitCherry, etc. have also received extensive attention from the market. Among them, Polkadot, as a heterogeneous Multi Chain blockchain network, has taken cross chain as its main selling point since the birth of the project.

It seems that Polkadot has entered the stage of smooth operation, but according to the analysis of the technical personnel in the industry, there are some problems in the protocol design of Polka. In the Polka architecture, in order to reliably synchronize the state of the parachains to the core chain, every block generated by the whole node of the side chain needs to generate a corresponding validity proof block. All nodes of the core chain verify the validity proof block through the algorithm provided by the side chain developer. If the verification is passed, the side chain block related data is written into the core chain (equivalent to the state of the side chain is synchronized to the core chain). However, as the verifier can only verify one side chain at the same time, as time goes on, the same verifier will switch between different side chains. If Polka has many side chains, it means that there may be only a small number of verifiers in one side chain at the same time. If these verifiers happen to be bad people, they can conspire with the collector of the side chain to cheat on the execution of the side chain and synchronize the false data to the main chain. In this case, the security of the side chain will not be guaranteed.

Even if Polka set up the mechanism of "Bounty Hunter" and "Random Inspection". However, one of the biggest problems of this mechanism is that in order to set aside sufficient reporting time, it takes quite a long time from the side chain block submitting the core chain to the side chain block being linked by the core. In the Ethereum cross chain scheme mentioned in Polkadot's original white paper, it takes half an hour for Ethereum to step into the Polka, and one hour for Polka to step back to Ethereum. This means that it may take more than ten minutes or even an hour for a Polka side chain to send a cross chain message before it can be received and processed by the message receiver. In the cross-link time delay, Polka has some problems that cannot be ignored.

As the best means to realize the asset flow, information exchange and value interconnection between different blockchain platforms, cross chain technology is similar to the high-speed channel between different public chains. It can realize the data transmission between different blockchain networks and greatly reduce the transmission cost. The security, performance, and scalability of data on the chain need to be carefully considered. Recently, BitCherry, a blockchain project in the spotlight, has been rumored that its test network is about to enter the second stage. As a scalable blockchain infrastructure based on IPv8 technology, BitCherry splits the data according to the needs of different practical application scenarios and provides corresponding types of side chains according to different circulation contents. The main chain is only responsible for the consensus and transaction of the main token, while the number of side chains can increase with the increase of business volume and data, and the nodes of different sub chains handle their own business and according to the design of multi-layer systematic security assurance mechanism, to resist all kinds of attacks. However, BitCherry is still in the early stage of technology research and development, and its main network is not online yet. At present, there is no actual case in the market to verify the practical use of its technology concept.

Blockchain technology as an emerging technology, most projects are crossing the river by feeling the stone at present. It is not difficult to choose the development direction, but the difficult thing is to choose the right direction. The current cross chain projects have distinct technical characteristics, and their different characteristics will attract different demanders in the future. What we need to do now is to give more tolerance and confidence to technological innovation projects.

[img]https://iili.io/fk5GN2.md.png[/img]

Decentralized Perpetual Trading Platform YFX starts Genesis Mining

YFX, the first DEX that offers 100x trading leverage on perpetual contracts has just announced YFX token distribution plan. Anyone can participate genesis mining to get rewards of YFX token on Binance Smart Chain, Huobi Heco Chain and TRON.

The genesis mining including three events: trade mining, liquidity mining and trading competition. Each event has its own YFX token pool. When user trade or provide liquidity on yfx.com, he or she will receive Hash Power according to the dollar value of the position. YFX token will be distributed after the events end according to the accumulated Hash Power. here is no public sale of YFX token. All YFX token offer to the public will through these mining events.

The distribution of YFX is the first step YFX enter DAO. YFX token gives voting power to decided key parameters on YFX. It also enables future development work from team outside core development team, it can make sure when new technics came out, YFX could catch up with the trend to evolve by itself.

YFX uses QIC-AMM and a system de-risk mechanism to migrate perpetual futures trading from CEX to DEX without reducing the trading leverage, which makes YFX the first DEX that could offer 100x leverage on a perpetual contract. You can do everything on YFX that you can do on BitMex or OKEx. YFX is poised to compete directly against established centralized exchanges. YFX runs on Binance Smart Chain, Huobi Heco Chain and TRON, for faster transaction times and cheaper gas fees compared to Ethereum. The YFX team is also working on Ethereum’s Layer 2 solution to provide pragmatic perpetual trading on DEX.

About YFX

YFX is the first DEX that offers 100x trading leverage on perpetual contract. YFX Descartes V1 launched on Binance Smart Chain, Huobi Heco Chain and TRON, and all trades are held and processed by smart contracts. The main goal of the YFX team, which is formed by a group of engineers who have years of experience working on trading systems and blockchain, is to build a DEX that can compete with CEX on derivative trading.

Reference:

Website: https://www.yfx.com/

Twitter: https://twitter.com/YFX_Defi

Telegram: https://t.me/YFX_EN

Discord: https://discord.gg/xwAtjpabC5

Media Contact: media@yfx.com

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Congrats to a new #Bitcoin $BTC all time high!🤩🤯
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New Bitcoin BTC ATH @ $ 53 K! 🚀🌚🤯

Are we going to see a correction at $ 55k? Or Bitcoin will continue its ascending uptrend pattern all the way to usd 60 k? 🤔 Time will tell really!

BitCherry the world's first scalable blockchain infrastructure based on IPv8 Technology for business is committed to building a commercial thoroughfare linking blockchain technology with real society, and helping traditional enterprises build a trusted distributed business ecological environment.

On 24 December 2020, Singapore (GMT+8), BitCherry Testnet v1.0.1 officially started testing. BitCherry has realized nine major functions this time, and the subversive innovation of commercial level blockchain ecology has started from now on and is moving towards the future of "blockchain + commerce".

Disruptive Power Drives Redefinition of Business Model

In the era of distributed business ecology, new technology will comprehensively reshape the traditional economy, and human society will enter a new era in which the trust system is fully established, and the ecological vitality is fully activated. With the completion of BitCherry’s high-quality blockchain infrastructure platform, the distributed business ecosystem will grow on the infrastructure platform provided by BitCherry. As a leading project of distributed business ecology, BitCherry will continue to solve the problems of transaction security, management norms, ecological benefit distribution, etc., and eventually become an engine driving global industrial migration and shaping the new economy of licensee. With the help of BitCherry, global commerce will usher in a subversive blockchain revolution and productivity leap. The successful launch of BitCherry testnet has taken a milestone for this exciting business future. Based on the support of deep technical strength, large and complex business nodes will be linked by BitCherry blockchain infrastructure platform, and a more reliable business ecological network will be formed, which will usher in the evolution of business ecology.

Customized Solutions to Boost the Competitiveness of Business Enterprises

In 2020, the economy will be impacted by the epidemic. How to carry out business innovation transformation in the epidemic period? The growing maturity of blockchain technology has become the beginning of business innovation. As a technology pioneer in the field of blockchain, BitCherry supports customized blockchain applications in different business scenarios. BitCherry will build the underlying infrastructure and commercial applications of blockchain that can truly meet different business scenarios by condensing technology, community and ecological resources; solve the expandable pain points of blockchain through multi chain structure and physical fragmentation technology, provide fully customized services, and support completely private side chains, and each side chain is a complete commercial level blockchain solution, product traceability, supply chain finance, e-commerce platform, asset digital deposit, distributed cloud computing and social platform and other business areas to achieve disruptive innovation.

Autonomous Community to Achieve the Ultimate Efficiency of Collaboration

In the era of token economy, BitCherry has taken the lead in the world, and has constantly broken through the better community consensus and community autonomy model. With the stable development of the project, BitCherry gradually has a global team, global investors, and global community. BitCherry is committed to continuously improving the network experience of community users. With the continuous growth of ecology, BitCherry will provide more perfect incentive system, and provide contribution-based token incentive for mining, ecological construction, start-up teams and foundations. BitCherry focuses on community autonomy and improves the collaborative efficiency of all members in BitCherry ecology to an unprecedented level with a perfect consensus mechanism of blockchain. In the business ecological chain composed of material flow, information flow, capital flow and business flow, BitCherry uses consensus mechanism to gather complex nodes in the industry. Under the concept of co-construction and co-governance, the platform and business nodes cooperate with each other. Consumers, developers, and investors share the huge business value created together to realize the whole ecological profit.

Global distributed business ecology means massive trade opportunities, high-dimensional business model and extreme collaborative efficiency. The formal test of the v1.0.1 version of BitCherry testnet marks that the infrastructure of BitCherry network has begun to take shape, and BitCherry has started a new journey. In the future, BitCherry will have a blockchain infrastructure that can fully support all kinds of businesses. It will become a high-performance, high security and high availability provider and supporter of the underlying public chain for distributed business applications on the chain and build and drive the sustainable prosperity of the distributed business ecosystem. BitCherry deeply grasps the trend of technology and the pulse of business and is becoming a leader in the era of distributed business with the strength of disruptive innovation.

BitCherry the world's first scalable blockchain infrastructure based on IPv8 Technology for business is committed to building a commercial thoroughfare linking blockchain technology with real society, and helping traditional enterprises build a trusted distributed business ecological environment.

On 24 December 2020, Singapore (GMT+8), BitCherry Testnet v1.0.1 officially started testing. BitCherry has realized nine major functions this time, and the subversive innovation of commercial level blockchain ecology has started from now on and is moving towards the future of "blockchain + commerce".

Disruptive Power Drives Redefinition of Business Model

In the era of distributed business ecology, new technology will comprehensively reshape the traditional economy, and human society will enter a new era in which the trust system is fully established, and the ecological vitality is fully activated. With the completion of BitCherry’s high-quality blockchain infrastructure platform, the distributed business ecosystem will grow on the infrastructure platform provided by BitCherry. As a leading project of distributed business ecology, BitCherry will continue to solve the problems of transaction security, management norms, ecological benefit distribution, etc., and eventually become an engine driving global industrial migration and shaping the new economy of licensee. With the help of BitCherry, global commerce will usher in a subversive blockchain revolution and productivity leap. The successful launch of BitCherry testnet has taken a milestone for this exciting business future. Based on the support of deep technical strength, large and complex business nodes will be linked by BitCherry blockchain infrastructure platform, and a more reliable business ecological network will be formed, which will usher in the evolution of business ecology.

Customized Solutions to Boost the Competitiveness of Business Enterprises

In 2020, the economy will be impacted by the epidemic. How to carry out business innovation transformation in the epidemic period? The growing maturity of blockchain technology has become the beginning of business innovation. As a technology pioneer in the field of blockchain, BitCherry supports customized blockchain applications in different business scenarios. BitCherry will build the underlying infrastructure and commercial applications of blockchain that can truly meet different business scenarios by condensing technology, community and ecological resources; solve the expandable pain points of blockchain through multi chain structure and physical fragmentation technology, provide fully customized services, and support completely private side chains, and each side chain is a complete commercial level blockchain solution, product traceability, supply chain finance, e-commerce platform, asset digital deposit, distributed cloud computing and social platform and other business areas to achieve disruptive innovation.

Autonomous Community to Achieve the Ultimate Efficiency of Collaboration

In the era of token economy, BitCherry has taken the lead in the world, and has constantly broken through the better community consensus and community autonomy model. With the stable development of the project, BitCherry gradually has a global team, global investors, and global community. BitCherry is committed to continuously improving the network experience of community users. With the continuous growth of ecology, BitCherry will provide more perfect incentive system, and provide contribution-based token incentive for mining, ecological construction, start-up teams and foundations. BitCherry focuses on community autonomy and improves the collaborative efficiency of all members in BitCherry ecology to an unprecedented level with a perfect consensus mechanism of blockchain. In the business ecological chain composed of material flow, information flow, capital flow and business flow, BitCherry uses consensus mechanism to gather complex nodes in the industry. Under the concept of co-construction and co-governance, the platform and business nodes cooperate with each other. Consumers, developers, and investors share the huge business value created together to realize the whole ecological profit.

Global distributed business ecology means massive trade opportunities, high-dimensional business model and extreme collaborative efficiency. The formal test of the v1.0.1 version of BitCherry testnet marks that the infrastructure of BitCherry network has begun to take shape, and BitCherry has started a new journey. In the future, BitCherry will have a blockchain infrastructure that can fully support all kinds of businesses. It will become a high-performance, high security and high availability provider and supporter of the underlying public chain for distributed business applications on the chain and build and drive the sustainable prosperity of the distributed business ecosystem. BitCherry deeply grasps the trend of technology and the pulse of business and is becoming a leader in the era of distributed business with the strength of disruptive innovation.

How can blockchain change the current banking landscape?

How can blockchain change the current banking landscape?

#Bitcoin $BTC crossed the usd 50 k mark!

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Alts are bleeding due to #BTC hitting a new ATH. That's normal don't panic.

At times people fail to see the real value of a thing. How many people do gaze up the sky during the night to see the shiny, beautiful stars and the moon? Unfortunately, some people gaze at the same sky and see nothing amazing about it.

We can say the same about Doki Doki. Many people hear about it and read about it but do not really appreciate the depth of value Doki Doki Finance offers. By the way, some people like calling it DDF. Choose what you want.

For now, let me use DDF. Back to what I was talking about, the value embedded in DDF. I see and appreciate this value because I am an artist. I am a writer. When you are a writer, you feel happy when you find ways to monetize your writing skills.

That applies the same to other artists and developers. DDF is a gem when it comes to giving artists and creators an opportunity to monetize their skills. What do I mean?  I mean that many artists, creators and developers out there, you have a chance to benefit by becoming part of DDF.

Monetizing your artefacts and products

Yes, artists can monetize their artefacts through DDF. They do this through tokenizing their artefacts or real world assets. Doki Doki uses the term gachafy in a similar way to tokenize. This is because DDF uses its platform called Gachapon (the Machine) to tokenize artefacts among many other valuable assets.

What can you gachafy?

You can gachafy the following

Virtual game items: There are many in-game items which people can convert into NFTS.

Videos: Video creators can gachafy their videos and earn money from that.

Music: Musicians can also gachafy their music and earn from that.

Real world assets: If you own a unique real world asset, you can also gachafy it to earn from it.

I leave the rest to your imagination.

But the base line is: When you gachafy a product or asset or artefact you create NFTs, which people can buy and sell.

I am particularly focusing on artists today.  Because it is very sad to see many artists suffering due to lack of money since they do not have adequate market for their products.

Imagine the effort and the time an artist spend in creating an artefact. Sadly, artists create beautiful work which may end up depreciating without giving them value. Well, that period is over because DDF offers them the opportunity to tokenize their artwork.

What’s the deal?

At the beginning of this article, I talked about people failing to realize the value of something. I gave an example of stars and the moon. How many times you appreciate their aesthetic value? Rarely. Sad. But aren’t they beautiful?

Now, many artists out there do not see the real value of Doki Doki platform. DDF is a game changer. If you are a struggling artist, turn to DDF to monetize your artwork? If you know of a friend or relative who is an artist, inform him/her to come to DDF in order to monetize his/her artwork.

The good thing is that anyone out there, wherever you live you can gachafy your creative works.

Additional reading material

To get additional information read the following articles:

https://medium.com/@dokidoki.f...er-guide-65cf7b99fbc

https://medium.com/@dokidoki.f...osystem-85a48c0aa977

Community

You can get more information about Doki Doki Finance at the following social media platforms:

https://discord.gg/K32BeEY

https://dokidoki.finance/

https://twitter.com/dokidokifinance

https://t.me/ddnfg

The origin of a product has an impact on its adoption or use. In marketing, people talk about the “country of origin effect.” There are many people who buy products based on where they are manufactured. For instance, goods produced in first world countries such as Britain and America sell more than those manufactured in third world countries such as Zimbabwe and Mozambique.

Do not put much focus on examples of the third world countries- Zimbabwe and Mozambique. I live in Zimbabwe and I normally travel and stay in Mozambique. I have put them here as illustration only.

Now back to our discussion. I was talking of the country of origin effect. It really has an impact. I want to link this illustration to the Pi cryptocurrency. Many people have put their trust in it because it was developed by Stanford University. What’s your take?

Basic information: Graduates from the Stanford University developed the Pi coin with the aim of making it accessible to the common people. These guys collaborated with the Stanford University cryptocurrency community.

The first way which the developers want Pi to benefit the common people is its ease of mining process. Anyone with a smart phone can install the Pi mining application and mine it, for free. The coins are stored in the application until the time of use.

Second, the Pi developers intend to create a peer-to-peer market place for goods and services, making it very easy for the Pi holders to carry out transaction with one another. This will increase the value of the coin.

My first point about country of origin is very important. In this regard, the developers are from a reputable University, implying that its coin is of high grade. Which of course is true. I currently, mine it on my phone with ease.

Imagine just seeing coins accumulating in your phone application. The good thing is that the phone continues to mine the coin, even when it is off. When it is on, the mining process does not interfere with the functions of the phone. It does not slow down its performance. It does not use the battery power. So you see!

Also, the mining process does not use any internet data. It is complete free. So, if you want to mine Pi coin, simply install the application and start earning your coins. Another plus is the mining instructions. Unlike faucets where you have to give hourly instructions, you only give the instruction once in 24 hours, making it user friendly.

The earning process and capacity

When you start mining, you have your daily rate. However, with time the amount of Pi coins you mine increases. This happens when you invite other people to join your circle. In this regard, you become an ambassador or contributor. For every person you invite to join your mining rate increases by 25%. This applies only when the person is currently mining.  

What is the value of the Pi?

Well, currently the value is zero because it is not listed nor tradable. Trading of the coin will start in the third phase. Now, we are in the first phase. This also means that you cannot withdraw the coin. You simply store it in your phone.

Does the current zero value of the Pi affect you? It should not. That is the truth. Why? As a fact, learn from the story of the bitcoin. In 2008, the bitcoin had no value.  However, about 10 years down the line it has a value of over $40 000. That is amazing.

Honestly speaking, I think the Pi is a cryptocurrency of the future because its adoption process is smooth. Secondly, it is in the reach of everyone.

Anywhere, even if it fails what’s the hack about it?  You would have not paid any cent to mine it. So what are you afraid of? Afraid of trying? The important thing now is faith and trust in the coin and its developers and its mission.

Now imagine that the Pi’s value in five years becomes $20 000 and you got it for free. How will you feel?  Your answer is as good as mine. That is why you should mine it now.

For additional information on the Pi coin read this article: Pi Mining

For registration process, visit this page: Instructions

Beginners in the Doki Doki/ AZUKI ecosystem find it difficult to understand how the two tokens function. Once you get confused with this, it becomes difficult for you to understand how the system works.

As you have noticed, we call it the Doki Doki/AZUKI ecosystem because there are two tokens that work alongside each other in perfect harmony.

The good news is that you can invest in any of these two tokens or both and earn high yield. But understanding the difference is enlightening.

DOKI: This is the main native token for the Doki Doki/AZUKI ecosystem. Its main purpose is to provide liquidity to the ecosystem as well as being a governance token. Its initial supply is 3 500, with 500 reserved for provision of liquidity at Uniswap.

The $DOKI coin is used for farming. When you stake the $DOKI, for example, in the $DOKI/ETH LP pools, you earn $AZUKI.  The interesting fact about $AZUKI is that it is a deflationary coin, meaning that with time its supply will decrease and the value increase.

Doki Doki achieves this through burning the AZUKI token. The default burnt rate is 5%, although it is adjustable over time.  What does this mean to you? It means that investing in $DOKI and $AZUKI gives you great rewards now and in the future.

$AZUKI: AZUKI is the secondary token for the Doki Doki ecosystem whose main function is to drive the Doki Doki NFT dApp and the NFT platform. It will have a total supply of 80 000 000.

You can safely invest in AZUKI and get high yield. First, AZUKI has a distribution period of 2 – 3 years, meaning people can earn it in several ways.  Users can earn for their participation in the ecosystem, as they drive volume to it.

Staking: You can earn AZUKI by staking the $DOKI. This is so because the DOKI holders get approximately 50% of the supply through yield farming. The remaining 50% is distributed through the Creativity and Consumption mining program. That is through their participation in the Doki economy, as we pointed earlier on.

You can also stake your $AZUKI tokens and earn more $AZUKI in return. Apart from staking, you can provide liquidity through $AZUKI/ETH LP pools

When you invest in the AZUKI, you also earn the original and limited edition of NFTs, thereby deriving great value.

Conclusion

In general Doki Doki has a dual token economy. DOKI has a lower supply than AZUKI. But they work alongside each other to prop up NFTs, which have a massive opportunity for growth. The main reason why you should invest in Doki Doki is that its tokens have value derived from its unique and highly demanded products such as NFTs.

You can get additional information on this vibrant DeFi project. Read this article:  Doki Doki Introduction

Community

Impressed? Great. Now, join the Doki Doki community for more information. Doki Doki has vibrant social platforms which include Discord and Telegram.  

https://discord.gg/K32BeEY

https://dokidoki.finance/

https://twitter.com/dokidokifinance

https://t.me/ddnfg

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