Hello everyone... Here I will inform you by writing a review to introduce a very unique new project called ENTC, so for that, have a look at the article I created below to give you a very good overview of the project, then What benefits do they provide to everyone? Let's go straight to the discussion below.
Information
Asset liquidation has been used as an indispensable financial tool in capitalist society for centuries. Buying assets to value and using leverage has led to a further increase in purchasing power, and has resulted in many derivatives for these assets. In modern society, mortgage lending through real estate and vehicles has become the simplest and most efficient means of liquidation used by anyone, while the advent of blockchain and bitcoin has changed the game of consumer finance, and a new form of financing called Defi has emerged.
The blockchain token market, which started with decentralization in a conventional centralized market, has made great progress and is still growing. However, in the era of COVID-19, individual consumer liquidity is bottoming out. In fact, even if they want to get a loan, they don't have the assets or want new financing because of the existing loan. appear. 'ENTERBUTTON' aims to provide a new environment for this liquidity market and bring the potential of the luxury asset market to the fore by offering an easy-to-use and convenient UI. Furthermore, it plans to realize profit sharing between operators and users and economies of scale through self-securitization of bonds and staking Defi via the NFT Blockchain.
Main Projects
EnterButton’s main project is buying and selling luxury goods. The buying and selling of luxury goods based on offline stores contributes to the outstanding stability of the project and can be generated through a secured loan with 24% of annual revenue as of 2020. The continuity of the project, which never stops and creates a profit, pays solid rewards based on this continuity. To offset the risk of unpaid mortgage loans, we guarantee a one-month renewal period through a contract when the loan is underway, and ensure risk management through our own rules that exercise the right to sell collateral immediately.
Incineration System
We will continue to burn tokens strategically and continuously to increase the value of ENTC for users. Our project can provide continuous rewards to users and will burn some quantity except user payment. Increasing the value of us and our users in our own ecosystem is one of the most important parts of our lives.
Real Time Monitoring System
ENTC distribution management is disclosed transparently to all holders through the official website (multilingual support). Current distribution quantities reflecting the system and prizes can be checked in real time, and holders can get the best products at special prices through global private auctions. Also, using ENTC in a variety of uses other than using the EnterButton itself, makes it possible to pass large values by holding it yourself.
PAYBUTTON Platform
The ENTC blockchain ecosystem aims to build an ecosystem based on the PAYBUTTON platform, an All-in-One Asset Management.
ENTC Wallet:
ENTC Wallet is the repository for ENTC tokens and all issued tokens. In addition to the storage function, the Wallet has a built-in token usage function. Tokens stored in the Wallet can be used or converted for any function within the PAYBUTTON platform. Prices of various virtual assets provided in real time can be checked, and real-time prices can be reflected in links with ENTC tokens. Through this, conversion and exchange functions will also be provided.
Luxury Asset Transactions:
Luxury assets owned or entrusted by ENTERBUTTON can be purchased in the legal currency of
country of use or ENTC. Real-time price requests from Wallet allow users to trade luxury assets at the same price, and when users want to sell them, they can easily handle transportation to ENTERBUTTON offline store via stored DB, and make valuations and sales.
Luxury Asset Consignment Sales:
If users want to sell luxury assets with consignment, they can easily transport the assets through the PAYBUTTON platform in the same way as in sales, and proceed with consignment sales at the agreed price and fee after appraisal.
Luxury Asset Mortgage Loan:
Users can send assets from where they want or visit offline stores to execute luxury asset mortgage loans, and it is also possible to estimate the expected loanable amount by transmitting photos based on PAYBUTTON's designated manual. Loans can be paid immediately in legal currency or ENTC after appraisal or contract, and an overview of loans and holding assets can be also checked immediately.
ENTC Luxury Auction:
As event benefits of ENTERBUTTON provided only to PAYBUTTON and ENTC users, luxury assets with excellent product value are periodically selected and auctioned in the PAYBUTTON app. When a certain period of time has elapsed from the start of the auction, immediate successful bids that can be used are only available with ENTC, and transaction history can be generated and verified immediately after successful bid.
ENTC Bond Staking:
Bonds generated by mortgage loans, ENTERBUTTON's main product, are converted to a tradable state in the ENTC's own ecosystem market with the consent of users, and users receive a discount on interest when they agree to bond trading. Bond-based ENTC NFT tokens converted to a tradable state can take part in ownership verification through PAYBUTTON, and when ownership is acquired and held to maturity during the period recorded in NFT, a predetermined reward is paid along with the principal. Both operators and participants benefit from the bond Defi that anyone can participate in.
ENTER BUTTON CHAIN
ENTC Digital ECO(Ecosystem)
A. ENTC Digital ECO(Ecosystem)
ENTC is designed to provide platform users and business operators with fair and reasonable benefits through blockchain technology.
Users obtain liquidity or rewards through the platform, and operators generate profits through the realization of primary and secondary BMs based on this.
The generated profits and progress of the project will be reasonably reviewed and ENTC tokens will be camcelled in stages to activate the ENTC platform ecosystem.
B. Profit model of the main product (mortgage loan)
The primary profit model with luxury assets as collateral is loan interest, which is differentiated by various factors such as whether users agree to trade NFT bonds, and the period of use on the existing DB, resulting in annual interest income of 6~24% depending on the period.
Profits generated from the primary BM are used as capital to realize larger economies of scale, or as event elements including Luxury Auction to expand the ecosystem and increase users' satisfaction with ENTC.
C. ENTC USER
ENTC users can liquidate their dormant luxury assets through the platform or acquire desired luxury assets by participating in event auctions.
In addition, users can acquire Defi Rewards to achieve planned financial portfolio allocation by owning bond-based ENTC NFTs.
Dapp ECO Digital ENTC
In the ENTC ecosystem, primary and secondary income must be generated from BM. This form of income is legal currency (user choice) or ENTC. All but offline elements will be resolved automatically under the smart contract.
Most of ENTERBUTTON's revenue and awards are mainly derived from bond transactions through ENTC Block NFT, which has the following cycle. The types of ENTC used in this transaction include the underlying NFT token and the Utility token which is paid out as a reward. We will cancel a large number of tokens generated by bond-based secondary BM in the utility section, which are liquid and account for the largest percentage.
Continuous cancellation undermines some of ENTERBUTTON's potential profits, but we can earn sufficient profits from primary and secondary BMs. Because the high scarcity of Utility tokens through cancellation increases the value of users, creating a healthy ecosystem cycle between platform users including ENTERBUTTON.
ENTC Token
Blockchain is a technology based on DLT (Distributed Ledger Technology). It is a decentralized system in which the ledger is distributed across millions of computer networks, being recorded in each network. Furthermore, the node cannot be arbitrarily erased or changed by users, and information on the blockchain is encrypted and protected from third parties.
Smart contracts are digital contracts in which a code is automatically generated when certain conditions are met, and contract terms cannot be changed once the smart contract is distributed. All ENTC tokens provided by ENTERBUTTON are distributed through smart contracts. In smart contracts, all data is permanently recorded on the blockchain, making all transactions on the PAYBUTTON platform safe and transparent.
ENTC tokens are compatible with ERC-20 and will play an important role in the expansion of PAYBUTTON and its own ecosystem. We also consider compatible blockchain platforms such as EOS, Klayton, etc. at any time when a non-conformity of the Ethereum platform is found in the development and growth rate of the ENTC platform. In this case, ENTC tokens are automatically issued through the new platform, and ENTC tokens compatible with the existing ERC-20 are exchanged for those issued on the new platform.
Contact Information:
Website: http://enterbutton.org/
Twitter: https://twitter.com/entc_official
Telegram: https://t.me/entc_official
Author: lani123lani
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1220105
ENTC address on Coinsbit: 0xe46BB5D1004895A313870fACC78c7696289CEcF4
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