VINTAGECOIN is an innovative project. It allows customers to exchange old tokens that are no longer acceptable on modern platforms. Thus, users will be able to get some value for their rusty coins on this exchange. The founder team also launched the project’s native utility token – VTGC, on November 5, 2022. The sale will end on January 31, 2023.
VTGC is a hot token with a high ranking on various ICO listing platforms. Its total supply is 1.000.000.000. However, only 30% is available for purchase during the presale on the VINTAGECOIN website. The company set aside another 30% for DEX and CEX. 10% of the tokens are for marketing, and 20% for burning. Moreover, the team will use 10% for the project’s further development.
VINTAGECOIN offers interesting features. It will use a cloud Defi storage wallet. The latter is a storage system enabling to collect the coins from various networks in one wallet. Users can also move these coins between various wallets and optimize the possibility of trading. Investors need to consider the response time of the software managing the wallet and the blockchain before they make decisions, though.
Furthermore, the team is working to develop the new software. Installed in the cloud, it will verify the availability of a price for the tokens in the warehouses. The platform will also provide an analysis of flows instead of single prices. As a result, it will be able to indicate time frames within which the customers can swap the tokens. In addition, the platform will provide information about exchanges offering better conditions. Users can deduce when it is advantageous to make the exchange.
Why did VINTAGECOIN choose the cloud?
Cloud technology has many advantages. The team decided to install its software in the cloud due to the high demand for computing power. According to the company, the system of dedicated computers would have required a substantial initial investment, but there is no guarantee that it would reach the required power in the short or medium term. However, that isn’t a problem with the cloud.
The company will use VINTAGECOIN’s liquidity to fuel software development. Meanwhile, the margin on warehouse operations will cover the cost of cloud computing and maintaining the online software. The platform increases with more tokens under management.
The team wants to ensure that every user will enjoy easy access to the VINTAGECOIN software. Customers will only need to connect their Defi wallet and enable the platform to analyze it. After that, they will receive an offer for the coins found there. If they like the offer, they can swap their tokens and get profit in the process.
However, the company is attempting to access and use the software of thousands of wallets at the same time. It also has to analyze hundreds of blockchains with thousands of different tokens and enable customers to trade these tokens on hundreds of decentralized exchanges. The team estimated approximately 24 – 48 months period to develop the platform to do all these operations seamlessly. It will optimize the website’s speed and ensure that users get excellent service.
Dalmatian Coin is another trending token. What does it offer?
Dalmatian Coin Protocol is relatively new on the market, but it has already attracted investors’ attention. This project aims to solve some of the problems hindering the growth of the crypto industry, including liquidity provisioning, mining rewards, and farming rewards.
For instance, many investors avoid cryptocurrencies because mining equipment can be costly, as well as harmful to the environment. However, it also offers great opportunities. The Dalmatian Coin Protocol team decided to offer an easy alternative to mining rewards. It will allow customers to participate in a smart contract token reflection instead and produce coins inside their own wallets.
Moreover, many users struggle to facilitate and maintain liquidity on Defi exchanges. However, such exchanges typically require liquidity for user participation. Thus, the developers have the responsibility to provide it. To achieve that goal, developers try to create exciting incentives aimed at customers.
Dalmatian Coin proposes to utilize a smart contract function. The platforms will automatically capture liquidity to use it on the Defi exchanges. Besides, a smart contract providing the capability to burn coins can also promote scarcity. It helps to reduce the total supply, and the token’s price increases as that happens. According to the team, the combination of these tokenomics might provide far superior benefits for the Defi community.
What about the DCOIN token’s ICO?
Dalmatian Coin Protocol launched the initial coin offering on December 2, 2022. The sale ends on December 31, 2022, though. DCOIN is already popular. It got a high ranking on various ICO listing platforms. The total supply of tokens is 1 000 000 000 000 000, but only some percentage is available for purchase at this stage. The platform accepts BNB, USDT, and BUSD in exchange for its native tokens.
The protocol’s one main of goals is to provide adequate liquidity, as the latter is crucial in any trading environment. But decentralized liquidity is basically derived from the accessibility of tokens operated and controlled by a smart contract (Decentralized exchange is the host of the smart contracts).
Market makers and developers used to provide a service for sellers and buyers on traditional order book exchanges. They tried to deliver a better user experience. In this case, that meant filling buy and sell orders as fast as possible and reducing overall market volatility.
The market is evolving rapidly, though. At first, newer technology replaced traditional order books, and now the time has come for more changes, like liquidity pools. Still, market makers got compensation for providing a service, and while they are no longer necessary, incentives play a big role in the Defi space as well. Developers use them to add liquidity to their platforms.
Unfortunately, if the liquidity pool provider loses the incentive to add coins into the pool, that can cause serious problems for the protocol. The token price also suffers in such cases. The Dalmatian Coin team offers interesting solutions. It proposed to take liquidity as a function of the smart contract by using market activity from all transfers and swaps.