Emporium Finance - The Future of Payment is Cryptocurrency

 

CRYPTO EMPORIUM AND ITS PRODUCTS

Hello everyone, today my review will be about Crypto Emporium and its new product - a decentralized liquidity mining platform, Emporium.Finance.

It should be noted that the online e-commerce store Crypto Emporium has been known in the cryptocurrency space since 2018, acting as an intermediary facilitating the purchase and sale of products using cryptocurrency.

And now they are bringing their own ERC20 token, CEFI, to the market, which will be distributed for a limited period of time through their liquidity mining platform, Emporium.Finance.

In general, Crypto Emporium has long had the idea of ​​creating a truly decentralized peer-to-peer online marketplace and an accompanying management reward program, and thanks to the intensive development of the decentralized finance sector, this idea has become possible. Decentralized finance is emerging as one of the promising blockchain use cases today, and the DeFi ecosystem can provide anyone with access to traditional financial services, eliminating the need for middlemen and lowering barriers to entry.

The Crypto Emporium peer-to-peer marketplace connects people who have a product or service with people who need that product or service using cryptocurrency. Thanks to cryptocurrency, there is no need for intermediaries in the form of a third-party financial organization. Fast and inexpensive transactions take place directly between the buyer and the seller located in different parts of the world.

EMPORIUM.FINANCE AND CEFI TOKEN

As for Emporium.Finance itself, as I noted above, it is a decentralized liquidity mining platform that has its own ERC20 token, CEFI.

This platform allows liquidity providers to receive rewards from their cryptocurrency assets using unlimited liquidity protocols. In other words, users who provide liquidity to the pool are rewarded with ERC20 tokens and CEFI tokens. For blocking their cryptocurrency, platform users will receive a reward.

Emporium.Finance does not offer pre-sale or private sales to its investors. CEFI tokens can only be obtained by providing liquidity through the LP program, receiving cashback for purchasing products through the Crypto Emporium website, inviting friends to the Emporium.Finance platform, or participating in the rewards and airdrops program. Therefore, the price of the token will be determined by the market.

This platform will operate for 8 weeks starting from 11/26/2020 with the aim of distributing the CEFI token through 9 specially provided liquidity pools available through the Emporium.Finance mining dashboard.

During this period, only 150,960 tokens will be mined out of a total supply of 888,000 tokens, and distributed among the farmers of the Emporium.Finance platform supplying liquidity according to a linear weekly emission schedule, which should protect the coin from inflation and ensure that the price of the token remains stable and grows over time.

The weekly distribution will be in the following sizes.

LP Program - 12,580 CEFI tokens per week

Team and Development - 3774 CEFI tokens per week

Distribution of rewards - 17,760 CEFI tokens in total

Cashback distribution - 17,760 CEFI tokens in total

That is, CEFI tokens will be mined as long as liquidity providers provide liquidity on a weekly basis, and there will be no preliminary token mining, and, therefore, these tokens will not be in the wallets of the developers of this project.

These facts suggest that Crypto Emporium really needs a committed community and liquidity tokens.

You should also draw your attention to the simple and easy-to-use interface of this platform with clean and clear graphics.

As for the CEFI platform token, it is an ERC20 token built on the Ethereum blockchain. The CEFI token was designed and built with durability and utility in mind.

Tokens are distributed fairly and evenly during and after the initial LP period.

The CEFI token will be the core of the Community Management Rewards Program and a peer-to-peer cryptocurrency marketplace.

REWARD PROGRAM

According to the Management Reward Program, Crypto Emporium platform participants (buyers and sellers) will be rewarded for actions and activity on a peer-to-peer cryptocurrency trading platform, that is, in essence, it is a loyalty and management reward system rolled into one.

CEFI Holders will be actively involved in community governance and will be eligible to submit tokens as voting tickets for key business decisions and marketing initiatives at Crypto Emporium.

Crypto Emporium is a decentralized, self-governing platform where users can vote and decide on key platform issues, participate in dispute resolution and self-organize around the platform's governance. This gives users unprecedented opportunities.

By creating a transferable points system, Crypto Emporium will enable its members to trade with each other, use their “points” to directly purchase products, trade with other businesses, and even sell their loyalty points for cash. That is, these points are easy to spend, transfer and sell.

Buyers and sellers are interested in interacting with the Crypto Emporium platform, they play an important role in the development of the ecosystem and are key in making business decisions.

CONCLUSION

Emporium.Finance liquidity mining platform is just a way to build a committed community and reward it for trust and loyalty. The main goal is to develop and launch a decentralized peer-to-peer marketplace and community management reward program.

A CEFI token and decentralized liquidity mining platform, Emporium.Finance is more than just a speculative investment in liquidity mining with no real end goal, it is a business with intent, utility and expertise.

For more information please visit links below:

Web: https://cryptoemporium.eu/
Twitter: https://twitter.com/CryptoEmporium_
Facebook: https://www.facebook.com/CryptoEmporium/
Instagram: https://www.instagram.com/cryptoemporium
Telegram: https://t.me/Crypto_Emporium?fbclid=IwAR0aHBryDVpfc4MsWqA4k181Qt0uW1oxFpdTfzJm1DNXtmjMaWQkejQeY0k
Medium: https://cryptoemporiumeu.medium.com/
ANN: https://bitcointalk.org/index.php?topic=5291631.0
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