Momentum Press Release Archive

How Jointer Is Evolving DeFi Through World’s First Cross-Chain Shared Pool Swap

27th October 2020, San Francisco, United States – While some blockchain projects focus on one specific technological improvement, others are creating entire ecosystems. These ambitious projects find a market fit and then scour the world for the most appropriate solutions. Jointer is a prominent DAO in the DeFi space pursuing this goal, flying under most crypto influencers’ radar despite winning multiple awards and over $1 million in international competitions

 

Originally founded as the world’s first commercial real estate DeFi project, Jointer is implementing DeFi solutions across the entire syndication economy, utilizing blockchain to remove barriers while providing investors with uncorrelated returns and instant diversification. 

 

Investors have been participating in Jointer’s commercial real estate syndication platform through a daily auction of the JNTR token–a liquidity bridge that transfers value between commercial real estate equity and digital currencies. The JNTR token is interoperable across blockchains through Jointer’s patent-pending SmartSwap technology. In taking this approach, Jointer solves many of the issues plaguing the DeFi ecosystem, including siloed blockchains, limited liquidity and extreme price volatility. 

 

Blockchain Bridges

Liquidity on the blockchain is undeniably an important issue. Projects want to have their tokens accessible on as many blockchains as possible. For example, the stablecoin Tether is available on the following blockchains: Ethereum, OMG, Tron, and Algo. This availability ensures that users on those blockchains have a place to convert to a dollar-equivalent stablecoin. However, these blockchains do not talk to each other, meaning Tether on OMG cannot be transferred to an Ethereum wallet. Different blockchain; different token. This siloed or “walled garden” ecosystem creates a scenario wherein the liquidity of Tether, or any token, is restricted to its respective blockchain.

 

As the industry continues to trend toward decentralized exchanges, this issue becomes readily apparent. Limited liquidity quickly leads to price swings of double and triple digits. This may be fun for a quick trade over 30 seconds, but it is also a barrier to entry for those new to cryptocurrencies. These newcomers from traditional financial markets may be more concerned about retaining their value and not fast trades.

 

Solving the cross-chain problem is a fundamental issue. There are currently several projects actively working on this with varying levels of success. Jointer is deploying its version of a bridge, connecting Ethereum to Binance Smart Chain (BSC) and Liquidity System which is 52 smart contracts built on top of the basic pool technology.

 

Slippage-Free, Cross-Chain Operation

Jointer has already achieved a working version of this with its JNTR bridge tokens. Jointer Smartswap is currently operational and allows for swapping an ERC20 token from Ethereum to BSC through JNTR/e to JNTR, or JNTR/b, respectively. This 1-to-1 swap is done instantly with one click and without the need for a centralized exchange and with zero fees. There is also zero chance of price slippage, a significant advantage over DEXs like Uniswap, where a 10% slippage is not uncommon. Even on centralized exchanges, price movement is commonplace. Further, all the JNTR bridge tokens maintain a 1:1 value, meaning that 1 JNTR/b will always equal 1 JTNR/e, thus creating a natural arbitrage opportunity across pools and blockchains.

 

This cross-chain functionality also allows Jointer to tap into liquidity on other BSC blockchains, taking full advantage of the local Automated Market Makers on Uniswap and Pancake, two of the largest liquidity providers. This means users on Binance Smart Chain will instantly benefit from liquidity on the Ethereum blockchain in Uniswap. And since the Binance Smart Chain gas fees are so low, users may find incentive trading on BSC through PancakeSwap rather than Ethereum. 

 

These incremental and foundational improvements are necessary, as the Jointer project explores a world beyond the tokenization of commercial real estate, implementing the first DeFi approach to the space with live auctions, gamified markets, instant syndication and more. 

 

The daily auction charts JNTR’s consistent growth from $0.01 to $0.44. That means a $500 investment on day one of the Jointer DeFi auction has turned into $22,500 in just one month.

 

For more information, visit the Jointer website: https://jointer.io

 

Media Contact Details

Contact Name: Bitcoin PR Buzz Media Team

Contact Email: contact@bitcoinprbuzz.com

 

Jointer is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

 

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Introducing Omni, the Next-Gen Social Platform Which Shares its Profits with Users

Bitcoin Press Release: Omni.ai release details of their Social Media platform, which aims to provide the next leap in innovation with gamification & profit share.

28th September 2020 – In 2020’s lightning-paced media landscape, and in response to current untapped technological opportunities, it’s imperative to innovate. The giants of today, and indeed yesterday, have all brought something unique to the table – from Facebook’s often-touted “7 circle of separation”, to Instagram’s feed, and now TikTok’s viral video-based success, unicorn status comes from breaking the mold and providing something nobody else has thought of.

 

Gamification: The Golden Goose in a Market Begging for Something New

Omni understands the importance of gamification & social reward in deepening and strengthening communities regardless of their location, age, or gender. Not only that, but to forge new connections between them, and to create new links between content creators and content consumers, which have not yet been available on any social media platform. 

 

To this end, interacting with fellow Omni users gives users a chance to earn Omni. Inviting new users gives a chance to earn Omni Coins. In fact, everyday functions users pay little attention to on other social media platforms can all earn users Omni Coins – From following, sharing a status or video, chatting with friends, to livestreaming – almost every aspect of the platform has a real chance to win users Omni Coin. And that’s what is going to make Omni such a powerful force. 

 

“The first system that truly gamifies the delivery of crypto will rocket to exponential growth, upending the current system for good. That will set the initial playing field dynamically and allow players who never would have gotten into the game to compete. The more people who can participate, the more efficient and valuable the network becomes” 

Daniel Jeffries, Hackernoon (Source)

 

The Power of Linking Profit & Activity

Tapping into the innate human desire to be rewarded is an extremely effective way to engage users. And the true revolution in Omni’s app is powered by linking personal activity to company profit. Subject to applicable laws, the tokens earned on the Omni App can then be sold back to the company at a rate relative to company profit. 

What this means is that as user activity rises, company profits rise, which means that advertisers become more interested in the platform, raising profits. And since company profits dictate personal reward, this raises the users’ payouts which should result in a positive feedback loop. 

 

Recent neuroscience has revealed that our dopamine system works to keep us searching through desire. The hunt itself is rewarding, and it explains why so many of our favorite mobile apps and social networks are so addictive”. 

Sheana Ahlqvis (Source

 

Omni App – Proposed Feature Highlight

  • Secret Chat – Share disappearing messages with other users.
  • Stores – Businesses can create stores where users can shop using Omni.
  • Channels – Follow channels you like or simply create one for your audience. 
  • Content – Create or follow channels for viral video content sharing & viewing
  • Dub & Duet – Dub your favorite song from the millions of songs & videos. Users can also perform duets with other Omni App users.

 

For Omni, social media is, rightly, viewed as an absolute staple of modern day business. This is embodied in Omni’s design in tokenization, which is nothing less than a revolution in social media. The diverse range of capabilities offered by the platform will help users transform how they engage with their friends, family, businesses, brands, and more. The opportunity to allow users to benefit from their participation is the icing on the cake because users can earn Omni by spending time on the things they love. 

As they say, “social media should enhance your life, not detract from it.” Omni app does just that. One platform, multiple features. No intrusive message reading. Full privacy, and most of all, earn your share of the social media market you help to create.

 

Don’t be a product of your environment. Make your environment your product. Check out the Omni website today to learn more at omni.ai

Join the community on Telegram: https://t.me/omni_app

 

Media Contact Details

Contact Name: Manny Hernandez

Contact Email: press@omni.ai

 

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

 

Omni is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all

The post Introducing Omni, the Next-Gen Social Platform Which Shares its Profits with Users appeared first on Bitcoin PR Buzz.

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Source: BPRB Feed