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Marsis: The Blockchain Trilogy — NFT, DeFi, DAO

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Decentralized finance (DeFi) has thrived the market by storm in 2020, with all the latest developments taking place. DeFi is by far the technology of the century, enabling peer-to-peer payments and limitless access to financial services with very low costs. DeFi also provides unique investment opportunities as part of it being the preferred payment infrastructure for blockchain systems.

Following this trend, in 2021, there is a boom in non-fungible token marketplace. NFTs are the new art, and digital marketplaces are the new art auctioneers. When the NFTs arrived in the market, many innovative individuals made a fantastic mark on the digital space. Moreover, by the end of 2020, the market capitalization of transactions globally involving a NFT reached $388 million.

Marsis brings both of these technologies together. It is a decentralized, DAO-driven, NFT platform that pioneers NFT evaluations. The platform also supports an NFT marketplace and NFT fragmentation. All-in-all, the Marsis protocol enables users to vote on NFTs on the platform and evaluate their market value. In addition, the voted NFT can participate in DeFi, with the more votes an NFT gets the stranger its mining capabilities.

Marsis: A 3-in-1 Platform Integrating NFT X DEFI X DAO

Marsis is a 3-in-1 platform that integrates NFT, DeFi, and DAO together. The platform has already closed a $1 million seed financing led by Sapling Insight. Other institutional investors include Chain Capital, Redline Capital, Jove Capital, R8 Capital, Kryptos, 7 O’clock Capital, Legendland Capital, SVC, and Chronos Capital. The funding would be used to explore its technology and offer Marsis to further capitalize on its position as a pioneering role in NFT evaluation platforms.

Recently, on May 25, 2021 Marsis revealed that its $SIS token is now listed on PancakeSwap. However, PancakeSwap is a leading decentralized exchange (DEX) on the Binance Smart Chain (BSC). Of note, BSC offers faster and cheaper transactions than most other Layer 1 platforms, like Ethereum. Also, with a PancakeSwap initial dex offering (IDO), Marsis gains added exposure to the crypto space.

Meanwhile, Marsis has developed a solid blueprint of its novel platform. Let’s take a look at the creative features Marsis offers:

DAO-driven

Marsis platform implements DAO concept to create a decentralized, self-governed NFT space. However, holders of SIS, the native utility token, deploys the DAO essence and reach transparency as well as maximize profits.

The community is motivated by offering incentives in the form of SIS tokens. However, encouraging them to work towards a unified goal. By giving out consensual votes, users popularize and create the asset evaluation of NFTs.

All-rounded NFT Marketplace

Providing the most comprehensive NFT trading information, Marsis reduces the cost of NFT creation, diminishes arbitration, cost, and friction, in addition offers a secured, stable and NFT trading experience.

The prevalent momentum in NFT asset trading has brought crypto traders into the space. However, a rising number of mature and experienced creators from the traditional markets show a solid tendency to publish art pieces, collectibles, and other relics in NFTs.

NFT Fragmentation

Fractionalizing NFTs expands the investment markets, increases investing types, reduces the entrance threshold, and slowly offers the best solution to improve NFT liquidity.

By offering the fractionalization of NFT assets, investors can receive easier entry access to the platform. Moreover, through purchasing fractional ownership of NFT tokens and participating in micro-investment, anyone can be an NFT owner in no time.

Voting Protocol

Creating a consensual NFT market price, users help in explaining the NFT market price by staking SIS tokens and provide out votes. Moreover, the ultimate aggregated results produced by Marsis will offer to form an industrial consensus mechanism.

Marsis believes that, by far, the majority of the NFT assets face a similar dilemma at the early stage lacking a great approach to prompt the subsequent growth. Therefore, upon the principle of the logistic equation, a voting drive/actuated consensus procedure is introduced to help NFT assets realize an S-shaped growth.

Triple Pools

The triple pools are the reward generated, while stakeholders benefit in another way across platform activities. Marsis have finalized the two NFT consensus pools, the Dividend pool, and the DEX pool. More so, the SIS token serves as a gateway to access platform-related activities and gain incentives and rewards.

Synthetic Asset

Accommodating the imaginary potentiality of the Synthetic Asset, Marsis offers asset richness and meets the public demand.

Breaking down investment barriers, Marsis will provide the NFT showroom, listing out the recent NFTs and crypto-collectibles and enabling peer-to-peer activities while exactly synthesizing the traditional assets in an NFT state.

Vision of Marsis

Marsis ideology revolves around the Decentralized autonomous organizations (DAO).  Moreover, Marsis could be the most accessible place in the crypto market, nurturing more NFT-related features like lending, fragmentation, and hosting. The platform is an open-source blockchain protocol in which the participants can evaluate themselves, however, Marsis fuses this with its NFT and DeFi elements.

The platform is free to use for users, but voting and NFT trading needs a certain amount of fees.  Uploading the NFT assets to the Marsis platform is possible. Once the NFT assets are available, platform users may show recognition by topping up their votes. Marsis utilizes these features into the restaurant and tripadvisor features. Based on users reviews and comments, the best tripadvisor for online booking could be examined through its NFT and DeFi features. In addition, the Marsis users who leave valid comments will also be credited. The same could be implemented on selecting the best restaurants. Added to this, participating in crowd-review, will help create the industrial consensus slowly, in return they enjoy best-rated tripadvisory and first-class restaurants.

Two Different Roles Can Do, Achieve, and Earn on Marsis

The ever-growing Marsis consists of two common circulating mediums, they are SIS tickets and votes. However, taking these into account, users will be able to participate in various activities. Users can be considered as a spacewalker, resident, or guest. Added to this, Dual-role is another feature, in which users can gain rewards with tokens just by participating. Also, users can experience a lot of fun here by auto-engaging relevant investing-affiliated campaigns and gaining rewards with SIS tokens by staying as a participant.

SPACEWALKERS

On Marsis, users can choose to be spacewalkers. With this option, they can move freely on the Marsis NFT planet. Users can view and vote for the NFT that catches their attention.

INDEPENDENT & AMATEUR CREATORS

Marsis is a platform on which any users can show off their talents such as fine art, digital art, music, or beyond. Moreover, the participant will be ranked based on users’ votes. This is perhaps beneficial for both participants as well as Marsis.

Notably, users no need to trade on Marsis to earn tokens. The platform will reward the deserved users for their extraordinary accomplishments. This shows that users earn with the voted NFT asset.

Marsis Staking Methods

Marsis consists of triple pool features that offer many rewards to all stakeholders. Notably, the dual pools are consensus pool, and DEX pool, both provide a pleasing staking experience.

DEX Pool

The staking process is same like many liquity platform. The Liquidity Providers (LP) are only needed to stake liquidity tokens into pools on Marsis. Moreover, the SIS/BNB pair token is needed. This pool provides 5% commission that is provided pro-rata to all LPs in the pool at the moment of the trade.

In addition to earning fees, Marsis also enables liquidity providers to sell, transfer, or otherwise use their liquidity tokens in any. In addition, users can stake token pairs on PancakeSwap and get LP to farm in Marsis DEX Pool to get SIS as rewards.

Consensus Pool

In order to stake in the self-generated pools, Spacewalkers vote. However, providing votes to the ideal NFT pieces, spacewalkers stake and lock votes. This enables the voted NFT pieces powered by the mining characters, auto-enter the activities of mining, and generate rewards.

Conclusion

Marsis offers a fantastic marketplace where users can pass thousands of unique, specially-developed collectors items that users can own exclusively. These items can be purchased directly without any third-party involvement to validate users’ transactions. This ever-growing platform allows users to vote for their most preferred item to be made available for purchase, and for the marketplace to take their vote and act on it.

Notably, Marsis not only nurtures NFT, DeFi, and DAO-related features, but it also fuses them together. This makes the network generate more earning, proliferate mass adoption, and collectively construct an impartial and value-driven approach in the long run. With the upcoming innovation and developments within Marsis, helps the platform to reach great heights, enabling most of the century’s biggest inventions.

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Source: https://blockonomi.com/marsis-the-blockchain-trilogy-nft-defi-dao/

Blockchain

SEC chief Gensler now eyeing crypto staking and ‘poker chip’ stablecoins

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In recent weeks, the U.S. Securities and Exchange Commission [SEC] has brought several crypto companies into the regulatory spotlight. Coinbase was warned about its high-interest crypto-product Lend, with the SEC threatening to sue if it launched.

Unsiwap also felt the heat as it was reportedly investigated. Meanwhile, the SEC vs Ripple lawsuit saw the court denying Ripple’s request for documents revealing SEC’s trading policies on digital assets.

Even as these events unfolded, SEC Chair Gary Gensler spoke to Washington Post journalist David Ignatius about cryptocurrency and the SEC’s powers.

Cop on the beat

Gensler first stressed that crypto tokens were a “highly speculative asset class” and defended his dedication to investor and consumer protection. He admitted that the SEC had a broad definition of securities and that it gave the agency a “great deal of authority.”

Encouraging crypto trading platforms to come in for SEC registration, Gensler said,

“Now, not many have, and so I do really fear that we’ll keep bringing these enforcement cases, but there’s going to be a problem. There’s going to be a problem on lending platforms or trading platforms. And frankly, when that happens, I think a lot of people are going to get hurt.”

Gensler also voiced concerns about staking and added,

“We’ll also be the cop on the beat and bringing those enforcement actions, as well.”

Coming to stablecoins, Gensler used his familiar crypto-Wild West comparison and likened stablecoins to poker chips at the casino. He also explained that though the SEC had “robust authorities,” there were some gaps. He hinted the agency might work with the U.S. Congress to regulate stablecoins.

Notes on Evergrande

With liabilities worth around $300 billion, the crisis of Evergrande, China’s second largest property developer, has shocked the world market – and the crypto sector. Soon the Hong Kong-based, dollar-pegged stablecoin Tether [USDT] came under scrutiny. The company had to confirm that it did not hold commercial papers, debts, or securities issued by Evergrande.

Ignatius also asked Gensler whether Evergrande could affect the American market. Gensler just confirmed that Evergrande was not registered and did not trade on American capital markets.

However, he added,

“…it is possible, from time to time, that we too in America will react to other economies’ and nations’ shocks. And particularly China’s economy is so large relative to Europe’s or our own.”

In essence, the interview came with a familiar promise for crypto innovators and traders. Referring to warning signs and flashing lights signaling a spill in aisle three, Gensler said he would rather “get ahead of it.”

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Source: https://ambcrypto.com/sec-chief-gensler-now-eyeing-crypto-staking-and-poker-chip-stablecoins

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Robinhood to Launch Crypto Wallet in 2022

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You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

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Source: https://cryptobriefing.com/robinhood-to-launch-crypto-wallet-in-2022/?utm_source=main_feed&utm_medium=rss

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Blockchain

Own NFT Land in ERTHA Metaverse that Could Generate Revenue

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[PRESS RELEASE – Please Read Disclaimer]

The last year or so has seen the massive growth of the non-fungible token space, which became arguably the most talked-about field in the cryptocurrency space. With celebrities from all industries trying to take advantage of the ongoing craze, NFTs have now become the place to be for protocols providing groundbreaking featured and services.

Some have taken their development stages further, attempting to garner a more significant market share. This is the case with ERTHA, whose metaverse has tapped one of the most legendary online games from the past two decades – Heroes of Might and Magic.

Its economic and social life, inspired by the aforementioned game, is built on the binance smart chain and aims to enable users to explore and investigate the space by choosing specializations and increasing the strength of the NFTs.

The project’s globe consists of 350,000 HEX land plots, all of which are represented as non-fungible tokens. Users owning a HEX land plot will have the chance to receive cash-back for every transaction completed with Ethereum (ETH) as a landowner. The game is specifically designed to replicate a real-life environment, simulating the actions that people would perform in order to earn a living and continue with their lives.

As mentioned above, ERTHA is designed to inspire economic and social growth, investigate the new online world, and push users to increase their engagement levels in the NFT space.

The project’s development process has been wildly comprehensive as it took Alpha more than 17,000 Code commits and over 30,000 hours of writing program code to provide the end-product.

The map of ERTHA is divided by NFT hexagons. This allows players to be free to choose where to live, study, work, and earn ETH tokens. Many companies and players also prefer paying taxes in the form of the second-largest cryptocurrency.

The project further promised that some internal developments, such as territorial disputes and international conflicts, can positively impact the prices of the NFTs.

ERTHA metaverse political influence and management of different territories are controlled with decentralized instruments, meaning smart contracts, through the financial epicenters in the game. Political influence introduces a number of advantages for NFT holders.

ERTHA also promised full decentralization for its land properties and non-fungible token attributes.

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Source: https://cryptopotato.com/own-nft-land-in-ertha-metaverse-that-could-generate-revenue/

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