Introduction
After the last few years, crypto has experienced a bear market and the level of confidence in the industry has drastically decreased, due to the many problems of fraud, hacks, and government rejection. But 2020 became a turning point for the development of crypto, many people began to believe and find out what cryptocurrency and blockchain are. Financial Technology has experienced many revolutions in recent past. Just about two decades ago, Internet Banking was Automated Teller machine dispensing were the in thing. Today, Blockchain technology, Decentralized finance and Non Fungible tokens are now reshaping the way we generate and interact with finance. Where transactions remained confidential to the financial institution in question, they can now be made public, through a distributed ledger blockchain. Where third party intermediaries were required to facilitate transactions and execute them for two or more parties involved, individuals can now connect to their Blockchain wallets in a decentralized way, and carry out their transactions while remaining anonymous.
Innovative projects are consistently emerging in the crypto industry with high return investments and continuous trends, such projects like The Moorex is one of the projects that will attract large market investments. So, don’t waste this golden opportunity.
Moorex: A Review
Moorex was founded with the goal of revolutionizing decentralization, educating the general public about cryptocurrency, and having a global impact on business owners. Moorex is more than just a DeFi; it is the future of decentralization and cryptocurrencies. The Moorex protocol is designed to create long-term, sustainable growth through tokenomics and an environment that benefits its holders and community.
Features in the Moorex Ecosystem
Moorex consists of a handful of main features for users of the platform to enjoy.
> Automatic Reward is an enchanting feature of Moorex
This is a great way through which Moorex holders can earn the benefits automatically. Each holder of Moorex token will receive tokens passively, which comes from the 1%transaction tax. The more people trade Moorex tokens, the more rewards you will receive. This encourages users to put Moorex tokens in circulation, ultimately benefiting all holders.
> Utilities
Moorex is a decentralised exchange that allows users to trade their BEP-20 tokens for other tokens while maintaining full custody of their assets. Moorex is a Binance Smart Chain decentralised automated market maker (AMM). Moorex tokens are awarded to those who create liquidity and stake inside the ecosystem.
Moorex will also host a crypto lottery, where participants can win weekly prizes. You’ll also be able to stake Moorex and receive Moorova awards, the Moorex Exchange’s governance token.
> Defi Grants
Through the Moorex Token, the Moorex protocol intends to provide DeFi awards. To ensure that the charity process is reliable and transparent, the site employs blockchain technology. Moorex ensures that payments are sent directly to the company owners without any intermediaries, bringing accountability to the donations made from the network fee incurred on transactions to make a difference in the lives of millions of people around the world.
The charity wallet address for the MOOR token can be found on the Ethereum and Binance Smart Chain explorers to ensure that the funds were delivered to the intended party and serve as proof of receipt. Furthermore, compared to a traditional philanthropic organisation, blockchain works at a very minimal cost. As a result, more money is directed to the correct recipient.
To get funds from Moorex, verified business owners must submit applications and meet certain criteria. Applicants must own a particular quantity of Moorex tokens, participate in the Moorex community, and submit a business plan for their new or existing firm.
Moorex Tokenomics
Maximum Supply: 100 Billion Tokens
Networks: Binance Smart Chain and Ethereum Networks
Network Fees: 2% of every transaction, 1% goes to token holders and the other 1% goes to charitable organizations and Defi Grants
Road Map
Moorex core team is focused on the key activities needed for hyper growth. A high-level roadmap is shown below, and may change as the community suggests directions and new ideas which may help take this project to the moon.
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Personal Preference and Conclusion
It’s reassuring to know that someone is out there attempting to bring happiness and comfort to those who are less fortunate and ignored in today’s society. People have become so impoverished that their administration has resorted to outside sources for help. Many business owners have fantastic ideas but lack the funding to start or grow their businesses to their full potential.
Author’s Details:
Henry112
