FINE, GEN, and MoC tokens are already available – market wrap

Several interesting tokens were released on Tuesday. FINE token, for instance, is on 12,356 watchlists and its ICO started today on Polkastarter.

Refinable is thus far the first major NFT marketplace on Binance Smart Chain. Binance and Mr. Beast both back up Refinable, which empowers individual creators and whole communities to create, trade easily, discover, and leverage NFTs. The platform aims to support all communities in engaging with NFTs and empower the next generation of digital transactions.

Furthermore, Refinable became the first Polkastarter IDO launched exclusively on Binance Smart Chain (BSC). Investors can buy its native token, FINE, during the ICO trading on April 27-28, 2021. A total of 5,454,545.46 FINE are for sale for the price of $0.033.

Polkastarter is a decentralized protocol built explicitly for cross-chain token auctions and pools, enabling projects to raise capital. The BSC-only IDO is one of the milestones in the evolution of the Polkastarter ecosystem, as well as in the makeup of IDO strategies for start-up companies, especially considering that all pools have previously taken place on Ethereum.

Polkastarter Co-Founder & CEO Daniel Stockhaus stated that they are excited to make the Polkastarter platform available to the Binance Smart Chain community. He added that Refinable’s BSC-exclusive IDO is only the first step into bringing more projects into the BSC ecosystem. They will continue to innovate the decentralized funding landscape and improve the experience for their projects and users.

Polkastarter already bridged their own $POLS token to BSC last month, making it tradable on Uniswap and PancakeSwap. As a result, users on both platforms can now effortlessly bridge between them by using the Multichain.xyz app.

What are Refinable’s goals?

Refinable is a one-stop NFT solution aimed to address various challenges in the DeFi space. The number of communities and users interacting with existing NFT projects is increasing daily, but with it, the issue of scalability and mass onboarding becomes more and more apparent. Ethereum transaction fees have been soaring due to massive activities in other blockchain projects. As a result, the average users have to pay upwards of $60 to create or transact an NFT token. Platform commission fees have been equally high. Refinable is trying to overcome these and other such problems and offer its users an affordable and easily navigated platform.

CoinGecko and Coinsbit listed GEN token on their platforms

The CoinGecko and Coinsbit exchange-listed Evolution DeFi’s native GEN token. The Non-Fungible Project’s token reached new heights in popularity. The rate of application of Non-Fungible Tokens in the gaming industry is growing.

Evolution’s GEN has a circulating supply of 176,000 tokens. It is already scarce due to heightened interest in the project’s product and the popularity of collectibles. GEN is a BEP-20 token. Its emission is elastic and block-based with various supported contracts such as Evolution, GenToken, GenNFT, MasterChef, Proxy, and Lootbox.

Along with the new token, the Evolution project has launched the NFT battle game. It was the last item on its roadmap for the month of April. Players can buy Eggs or grow a creature with a variety of capabilities if they have the GEN tokens. Once the character is ready, users can submit them to the daily battle arena and win more GEN token prizes. Besides, players can breed monsters to get additional capabilities or buy more powerful ones from the NFT market.

The Evolution project enables players to go through the evolutionary path of their character. The story covers every stage from a Neanderthal to a citizen of the future. Furthermore, the value of each character increases with every stage passed. The in-game mechanics allow players more involvement in a more advanced economy, including NFTs, Loot Boxes, and other features.

The Evolution DeFi game has impressive features

The Evolution DeFi game provides a high yield of farming that can attain 5,000% per year through a wide range of farms and pools. Customers can choose from various currencies, including BUSD, ETH, USDT, DAI, and others. The use of NFT formats and the elastic token issuance per block allows to increase the interest rate and provide possibilities for users to advance their characters’ daily evolution.

Besides, the team included the popular Loot Boxes mechanism in the game. The latter grants players draw opportunities, along with the chance to get tenfold profits instantly.

A player can earn GEN tokens in pools and farms or get them by opening Loot Boxes. After that, users can swap, merge, and burn their NFTs for higher interest rates.

Money on Chain’s native MoC token is available on RSK Network

Money On Chain has partnered with Rootstock Network (RSK) to build on Bitcoin and take part in creating a new global financial system. The company is now pushing the RSK community further towards the goal of decentralization. The platform launched the MoC governance token.

Money On Chain is a well-developed, proprietary financial model built by Bitcoiners. Its platform proved to be robust even in extreme market situations. It enables Bitcoiners to improve the performance of their assets in various ways while simultaneously retaining complete control of their private keys.

Money On Chain’s self-contained protocol will have better governance thanks to the MoC token. The platform already uses DoC (the first USD stable coin collateralized with BTC), BTCx (an amplified leveraging mechanism), and BPro (a HODL and earn token which offers unique benefits).

Money On Chain is a multifaceted platform. It is a proponent in boosting the mass adoption of Bitcoin and in aiding with decentralization.

Investors holding BPro will receive free leverage provided by DoC owners, along with passive income paid by investors who buy BTCx. They will also get incentives in MoC tokens for owning BPRO.

Max Carjuzaá, the co-founder of Money On Chain Protocol, stated that this is an extraordinary day for their community because it means another step towards decentralization. They begin an incentive program inspired by the mining of Bitcoin along with the TGE. The company will reward its pool of customers with 19,687 MoC Tokens der day for HODLing BPro.

What about the RSK network?

The RSK network is one of the safest smart contract platforms worldwide, secured by Bitcoin’s extensive hashing power through merged mining.

RSK aims to add functionality and value to the Bitcoin ecosystem by supporting near-instant payments, smart contracts, and greater scalability.

The network already scales up to 100 transactions per second and manages that without sacrificing decentralization. Besides, it reduces bandwidth and storage through fraud detection, probability verification, and more.