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20 Tweets 2 reads Apr 22, 2023
Have you heard about the 100x gem $EKTA? πŸ’Ž
Why should you care?
Why is it so special?
Is $EKTA the gem you had been looking for in 2023?
Let’s find out in this thread πŸ‘‡
WHAT ARE RWAs?
πŸ”Ή First, it is necessary to investigate the potential of incorporating tangible assets such as real estate into blockchain technology.
πŸ”Ή With a total value of over $220 trillion, real estate is the most affluent market in the world.
πŸ”Ή Furthermore, the traditional real estate market is characterized by a lack of trust and transparency.
πŸ”Ή Blockchain offers a solution to this, as it has three distinctive features that can help to solve the issues : decentralization, immutability, and transparency.
Real World Assets (β€œRWAs”) areΒ assets that exist off-chain, but are tokenized and brought on-chain to be used as a source of yield within DeFi.
What is $EKTA project ?
πŸ”Ή Ekta is a Layer 1 blockchain project that connects the physical world with Web3
πŸ”Ή The Ekta project claims to do it so because of their three main values -
EFFICIENCY
πŸ”Ή EktaChain is powered by a Proof-of-Authority (PoA) consensus mechanism that features 16 validation nodes.
πŸ”Ή PoA consensus mechanisms offer speed and performance without sacrificing security.
PRIVACY
πŸ”Ή Privacy is one of the primary focal points when it comes to the development of each Ekta project.
πŸ”Ή Explore the Ekta Ecosystem knowing your information is safe and secure.
VERSATILITY
πŸ”Ή A foundation of platforms and tools to provide cross-chain compatibility for exchange, marketplace, and NFT functions and support.
WHAT ALL IS OFFERED ?
πŸ”Ή Ekta Explorer - Ekta’s blockchain explorer allows you to navigate your transaction with ease. Get detailed blockchain data and see each action as it happens in real time.
πŸ”Ή Ekta bridge - Trusted and protected by Ekta’s high standards for security, EktaBridge ensures your assets, both digital and physical, stay safe and secure when bridging.
πŸ”Ή Ekta readiness - Automated MetaMask functionality ensures an easy set up process allowing you to get ready to enter Ekta's ecosystem with no hassle and no fuss.
πŸ”Ή Staking - Earn while you sleep with high rewards from Ekta Staking.
The rewards system delivers high APRs across different staking pools.
$EKTA TOKENOMICS
πŸ”Ή 20% of $EKTA is available as staking rewards.
πŸ”Ή Nearly 15% for Public sale
πŸ”Ή 13.5% is held by the team.
Rest of the distribution is as shown in the chart below πŸ‘‡
πŸ”Ή The circulating supply right now is just 3% of the maximum supply of 420,000,000 $EKTA
πŸ”Ή The current market cap sits at $699,066.
$EKTA price
The price has been pumping since late Feb but according to $EKTA supporters we genuinely have a 100x coin on our hands here. NFA.
ROADMAP
πŸ”Ή 2023 roadmap of the project shows great and exciting stuff ahead.
πŸ”Ή Launch of NFT Marketplace in Quarter 3 and the Ekta Island NFT offering in late 2023 are just some of the things to be excited about.
Want to learn more, check out the whitepaper here β†’ resources.ekta.io
For more awesome alpha, do not forget to follow these legends -
@2xnmore
@BrianneFrey
@RuggedWojak
@CryptoMocro_
@rektdiomedes
@CRyptOracl3
@CryptoGirlNova
@DamiDefi
@2xnmore @BrianneFrey @RuggedWojak @CryptoMocro_ @rektdiomedes @CRyptOracl3 @CryptoGirlNova @DamiDefi If you enjoyed this thread:
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