100xCoin : A Defi with Unique Prominent features that will play a leading role in the cryptosystem.

in #defi5 years ago (edited)

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History of 100xCoin

Ken the crypto is a seasoned investor in the cryptosystem. He made his first great success in the first crypto bull run in 2017, when he hit his initial six figures in trading cryptocurrencies.

Thereafter, he had many followers he tutor about crypto currency dealings, such as how to buy and sell, as well as the risks involved in cryptocurrencies. This led him to setting up various successful businesses and digital advertising agencies.

In March 2021, Ken the crypto established the $Elo community, which had great transparency, leading to creation of a crypto currency for the community. Thus, the invention of the 100xCoin for the sustenance of the community.

Ken is the first crypto beneficiary to establish a coin in the Binance Smart Chain, exhibiting his capacity to lead a crypto community. While others are scared of delving into such ventures.

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Mr. Ken

About 100xCoin

Many decentralised financial platforms are being developed quickly across the globe. These Defi are based on smart contracts built on blockchain technology, mostly on computer device App, providing financial services to the world population. Some of these platforms have not been able to satisfy the yearning of the people in improving their financial status as a result of trust issues and other information deficiencies about crypto.

100xcoin is a unique Defi built on the Binance Smart Chain that has proven strategic techniques that will ameliorate the issues associated with some Defi. Its products will present a great opportunity for its users to improve their financial status by providing useful information and investment directives on the cryptosystem.

100x Defi community is managed by a team of experts that has garnered several years of experience in the cryptosystem. It is audited regularly by a renowned Defi auditing organization, to ensure its safety and reliability.

The coin has great features centered on the 7% transaction fee appropriation, which are as follows:

3.5% burn per transaction

3.5% of every transaction fee is used to buy back 100x tokens from circulation (2% is burned automatically while 1.5% is maintained for manual burn). This process helps to lower the quantity of tokens circulating in the community, thereby increasing the value of tokens.

This is a measure used to reward every holder of the token evenly. Unlike the token distribution process adopted by most Defi, which benefits major token holders at the detriment of little token holders.

2% automatic liquidity pool generation

This is the method of using part (2%) of the 7% transaction in generating tokens to be staked in Pancakeswap LP. Half of this part is used to purchase BNB tokens which are paired with the remaining 100x tokens and staked in to earn some rewards that are ploughed back for the growth and sustainability of the platform.

1.5% marketing and development allocation

This part of the transaction fee is reserved for future advertising activities required for the growth and development of the platform. Thus, the creation of this fund.

40% of this fund will be used to entice new participants through marketing activities, 40% will be used to fund creation of new features and 20% distributed to the sales support team.

There's a need for constant introduction and advertising of new features to maintain the community, and the company will not be engaging in fundraising whenever such a need occurs.

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Target Community Members

There are two major group sets of people that the 100x strives to bring into their community. They are:

Beginners who have not done any trading or have reasonable knowledge about the cryptosystem. The 100x community takes it as a duty to intimate these beginners on the methods of trading cryptocurrencies. Such as the nature of the tokens to deal on, when to buy or sell and the risk associated with the cryptosystem.
The 100x community also needs individuals and organizations that have achieved great experience and successful growth in the cryptosystem. The experience of this group will be very useful to the community in enlightening the newbies in the system. Thereby adding sustainable value to the platform.

100x Values

100x community members enjoy great values which have kept them moving to greater heights. The closeness shared by the community on live stream with Ken educates the more on how cryptocurrencies are developed, established and operated. Some of its unique features include:

Transparency
Sustainability
Education
Supporting other Communities
Shilling.

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ROADMAP

These are the detailed activities in setting up 100xCoin platform.

APRIL 2021 - LAYING OF THE FOUNDATION.

This involves:

Launch of New platform Smart Contracts
Refreshing 100xcoin company Website
Listing on CMC, Blockfolio, Coinmarketcap, CoinGecko etc.

MAY 2021 - LIGHTING THE ENGINES

The initial use-cases will be announced this month and the first set of features delivered.
Celebrity Endorsements
First Exchange listings
Launching of channel Partners

JUNE 2021 - EXPLOSIVE GROWTH

Releasing Use Case Beta
Airdrop Features
Charity partners
Foundation Announcements

Q3 2021 - RUNNING WITH THE BULLS

New features will be set on various technologies in this quarter. Marketing activities will be doubled with professional skills with the aim of dominating traffic on the BSC.

100xLabs will be in full operation, mergers and acquisitions technology will be available for auto liquidity generated tokens.

Q4 2021 - SCALE AND SUSTAIN

There will be a review of market trends and features that yields the greatest earnings for the users. This will enable the community to adopt and focus more on such features in order to ensure the sustainability of the platform.

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Caveat

There are inherent risks associated with trading cryptocurrencies. Participants in 100xCoin platform must agree to be conversant with these risks, and are advised to consult financial experts for proper advice on crypto investment.
100x community will not be responsible for any loss incurred by users in dealing with 100x.

Summary

100xCoin is an unprecedented Defi developed and established through a concerted effort of Ken the crypto, through the support of a community built on transparency and sustainability. The token is currently trading on Pancakeswap exchange with huge daily transactions.

100x has unique prominent features that will give it a leading role in the cryptosystem. Join now and enjoy.

Project Links :
Website: https://www.100xcoin.io/
Whitepaper: https://100xcoin.gitbook.io/100xcoin/
Telegram: https://t.me/CoinCampaign100x
Twitter: https://twitter.com/100XCoin_
Reddit: https://www.reddit.com/r/100xCoin/
Medium: https://100xcoinofficial.medium.com/
Coinmarketcap: https://coinmarketcap.com/currencies/100xcoin/
Coingecko: https://www.coingecko.com/en/coins/100x-coin

About The Writer :
Bitcointalk Username : Shantiga
Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=2889895

Prove of Registeration : https://bitcointalk.org/index.php?topic=5333978.msg56988566#msg56988566

Binance Smart Chain : 0x093C7E50427C46E3a35D72892C4c53ad8C893203

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