When we take a deep look back at the entire crypto market these past few weeks, it looks like the entire market is in a pause. The FUDs are high, and the “once upon a time” extreme greed we had at the beginning of the year has all become fear. It is important to remember that periods like these are when the big winners are made. This is the right time to Dollar cost average (DCA) into tokens you always wish you bought during the last bull market. Grabbing some new launching tokens with solid potential is also a great idea.
Binance Coin (BNB) was launched in 2017 as an ERC-20 token on the Ethereum (ETH) blockchain before they later branched out to build Binance’s own blockchain. Binance Coin (BNB) is a cryptocurrency that can be used to buy or sell crypto on the Binance cryptocurrency exchange and pay fees. Binance is the world’s largest cryptocurrency exchange. As an incentive for holding BNB, Binance Coin users receive a discount on transaction fees on the Binance Exchange. BNB can also be swapped or traded for other cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and others.
Fincrip (FCP) is a futuristic world-creating platform that offers users unique global experiences. The platform involves acquiring a legendary spaceship and futuristic products such as personal robot assistants, holograms, and immersive space exploration experiences using AR/VR and MR, which can then be later sold on the Fincrip protocol marketplace. Users can mine FCP tokens by sending the Spaceship out into space. Visuals, edible water blobs, hyperloop, pod taxis, spacecraft, virtual space, lands, and futuristic malls and recreation centres are among the assets. The Fincrip Protocol enables users to create the aforementioned futuristic products and then sell them in the marketplace.
What Exactly Is The Fincrip Protocol About?
Fincrip Protocol enables users to create assets like visuals, edible water blobs hyperloops, pod taxis, spacecraft, virtual space, lands, and futuristic mall and recreation centers. Fincrip Protocol enables users to create assets like visuals, edible water blobs hyperloops, and pods. Users can use the Fincrip platform to develop and exchange their futuristic ideas and innovations leveraging the FCP token. Users can also earn FCP tokens by listing digital assets for sale on the Fincrip marketplace. Holders of the FCP token can participate in the platform’s decision-making process.
What Is The Fincrip Ecosystem Like?
Anyone in the Fincrip Ecosystem can purchase the general assets and convert them into revenue-generating assets. The future is now with the Fincrip ecosystem! Produce, Buy, Sell, and Swap your preferred futuristic assets and inventions. After creating an account on the Fincrip platform, a user will have access to the Fincrip universe, where they will be able to construct and buy digital assets, discover new planets, gain space experience, and connect with others Fincripians.
Why Has Fincrip Chosen A Metaverse Theme Centred Around Space?
In 2019, the world’s space economy was $423.8 billion. This represents a 17% increase over the previous year’s total of $360 billion. The space industry is further subdivided based on the purposes for which it is used. For example, communications activities account for approximately 26% of the total space economy. This figure is expected to rise to 50% by 2040. In 2019, the total revenue from satellites was $271 billion. This is a decrease from the previous year’s total of $277 billion. However, the figure is expected to rise beginning in 2022. In recent years, the private sector has dominated the satellite sector. Elon Musk’s SpaceX, for example, intends to increase the number of launches by 2040. The space sector is undersaturated when it comes to the metaverse.
Isn’t NFT dead? Why Is Fincrip Choosing This Space?
According to data analysis from market tracker DappRadar, sales of non-fungible tokens (NFTs) rose to $10.7 billion in the third quarter of 2021, which was more than eight times higher than the previous quarter and a sign that the crypto asset trend was reaching new heights. At the beginning of 2021, the collectible NFT market had a total sales volume of $55.5 million. NFT land sales have begun to approach physical world costs when fresh verses are released. In November, Decentraland obtained $2.43 million for a land parcel. Sandbox had already foreshadowed this by selling plots for more than $650,000. Axie Infinity’s $1.5 million sales record at the start of 2021 set the tone for the remainder of the year.
Is Space Exploration Using Blockchain Technology Going To Yield Any Return On Investment?
Though there are many undiscovered areas in the potential of new technologies, blockchain technology in space exploration demonstrates the usefulness of NFTs in aiding in the mobilization of an economy centered on completing a voyage to space. According to Markets and Markets statistics from 2021, the worldwide blockchain industry will increase from $4.9 billion in 2021 to around $67.4 billion by 2026, representing a 68.4% growth rate. According to the team, this significant growth rate can be linked to increased funding for the technology as well as the solution’s widespread application in banking and security.
What Are The Key Features Of The Fincrip?
There are five key features that Fincrip was built on. These are; Build, Conquer, Earn, Govern and Connect. Building allows Fincrip to tap into the creativity in every user’s mind. Users will get to explore and build things using the web3 tool in the Fincrip universe. Conquering will come place when our users explore the vast deep of the universe. You’ll get to travel lightyears to different stars and solar systems. Earning is Fincrip way of giving back to the community that made its existence possible. By buying and selling futuristic assets, you’ll be able to build digital and real-world assets through your earnings. Governing is a very key part of Fincrip. The power resides in the community and everything is only possible through them. The amount of FCP tokens you own would determine how much voting power you can exercise in the Fincrip DAO governance system. Connecting is another main feature you’ll enjoy on Fincrip. Yes, you’ll be able to meet new friends and make lifelong relationships in the Fincrip ecosystem.
Is There Any Utility Or Real-Life Use Cases Of The Fincrip Ecosystem?
Fincrip Protocol will assist you in facilitating your marketplace, allowing you to expand your reach and client base while also bringing new asset designs for an exciting new environment (metaverse). Consider the possibility that other users will pay to explore your premium space. Users will be able to meet and socialize with other users through the use of a digital avatar. Every FCP token holder will have voting rights in the Fincrip platform’s governance.
What Exactly Does The Fincrip Metaverse Look Like?
Fincrip will make space exploration become something everyone and anyone can do. All you need is to become a token holder and user. You will also need to get the resources needed for your space travel. Users can mine FCP tokens and use them to build your space that others can visit. For those who will love to sell discovered items from their space exploration, you will be pleased to know that Fincrip has a marketplace where this can be done.
Does Fincrip Have A DAO And How Much Influence Does The Community Have On The Ecosystem Governance?
Fincrip Protocol will use the FCP tokens to run a DAO that will allow all holders to vote on the project’s future direction or changes that will be implemented as the metaverse evolves. This ensures that the metaverse remains relevant and enjoyable for the people it serves while also upholding the core tenant of decentralization. The community can propose and vote on policy updates, future LAND auctions, development permitted within the World, Builder and Marketplace, and anything else that the community deems important. Voting occurs on the Decentraland DAO’s governance interface.
Building during a bear season is like planting seeds that can be harvested when the bulls return. The Crypto market comes in cycles; having knowledge of this and acting the reverse of what the majority do will keep you among the winning minority. Tokens like Binance and FIncrip exhibit solid use cases with a powerful ecosystem that would likely invite more investors in the future. These make them potentiavlly good buys with a solid prospect in the future.
Fincrip Protocol (FCP)