Cryptocurrency Solutions for something like the Third World: Columbus Token

in #cbs3 years ago

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Columbus Project. The project is a large ecosystem of different platforms and public services within the Decentralized Finance (DeFi) sub-space. Investing in or holding the Columbus tokens does not give you any complete or partial ownership of the project. The Columbus project aims to create an ecosystem of Decentralized Finance (DeFi) platforms on the Binance Smart Chain. It aims to be a completely transparent, practical, and decentralized ecosystem that works with its users instead of relying on external third-party services.

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Gold is the most stable and concrete store of value that we've ever had in history. Pre-1971 currencies were pegged to the value of Gold, and were backed by Gold. In 1971, US President Richard Nixon suspended the Gold Standard, and this gave birth to Fiat Currencies. DeFi allows people to connect with each other in a peer-to-peer fashion and access various functions such as loans, interest income, etc. The Voyager DEX is a Decentralized Exchange Protocol and DEX Aggregation for the Binance Smart Chain (BSC) platform.

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Users can swap their BEP-20 standard crypto tokens on the platform and earn passive income through liquidity mining and staking. Trotter's Market is a completely community-driven NFT trading and auction platform. Users can only Buy or Bid on NFT listings using the Columbus token. An NFT for an artist's listing page is instantly added to a user's account when they purchase it. The wallet employs a seed phrase of 24 random phrases to protect the user's wallet account from unauthorised transactions. Exporting QR codes as a merchant standee template or for use in token transfers is another option available to users.

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Timeline

Since the introduction of Bitcoin in 2009, the digital currency has made significant progress, but it has been a constant struggle to break into the mainstream. Those that use cryptocurrencies, and those who do not, live in two distinct worlds: For most people, cryptocurrency is a virtual currency that is only accessible via the internet. Developed nations have a substantial advantage over developing ones in situations like this.

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Cryptocurrencies not only play an important part in the development of many third-world countries, but they have already had a positive impact on the lives of third-world citizens and sparked some new ideas. Using a cryptocurrency, you may send money quickly and securely without any of the hassles associated with more traditional methods. There are no taxes or fees to pay, which is another vestige of political opportunism.

People in third-world countries may now control and secure their assets thanks to the equitable access to monetary solutions provided by cryptocurrencies and mobile transactions. For The Columbus Token, helping individuals in third-world nations is an important application case. The Columbus Token believes that financial inclusion is a human right that should be available to everyone.

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What really is the Columbus Token?

In terms of alleviating poverty, Columbus Token Project is one of the few platforms to do so. In addition to helping the unbanked, they also assist small enterprises in expanding their clientele base. In addition to free money transfers, the company's goal is to give anyone the opportunity to work remotely. As a result, they believe that the blockchain may be used to create a new sort of philanthropy, one that is both transparent and free of corruption. They also make it possible for entrepreneurs to receive guarantor and direct loans.

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With the Columbus platform, users will be able to take advantage of a wide range of financial opportunities without having to deal with any of the inherent difficulties that come with Decentralized Finance. The Columbus ecosystem simplifies banking and provides customers with easy access to the benefits of DeFi on a variety of platforms.

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What issues is Columbus Token attempting to address with their token?

The Columbus Token offers two primary features: investment tools and a mechanism to guarantee safe and discrete transactions.

It's easy and quick to set up a worldwide cryptocurrency wallet like the Columbus Wallet. In order to limit the risk of chargebacks and fraud, the Columbus Wallet provides a seamless crypto-financial experience, as well as advanced security solutions like tokenization and biometric authentication.

A Transparent System: One of the main advantages of a cryptocurrency transaction is that it is completely transparent. Blockchains, on the other hand, tend to be significantly more open than private investment businesses. The Binance Smart Chain is also being used to build the Columbus Token.

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In the Columbus NFT market, which is a vast digital pool, there are many transactions taking place each and every day. To purchase or sell anything they choose in this marketplace. It's most likely the digital market's future.

The Columbus Token Ecosystem

As a Decentralized Exchange Protocol and DEX Aggregation Platform for the Binance Smart Chain (BSC), the Voyager DEX runs on the Automated Market Maker (AMM) concept. By linking their web3 wallets with the Binance Smart Chain network enabled, users can trade their BEP-20 standard crypto tokens on the Voyager DEX.

By providing liquidity to pre-existing token pairs in the liquidity pool, users can earn a passive income. They can also list their own crypto tokens, as well as construct and add their own token pairs. When liquidity providers stake their tokens, Voyager LPs are awarded to them. Once the tokens are unstacked, they can use them whenever they wish.

Additionally, Voyager DEX crawls across the BSC network to find the best possible deal for its users' transactions, ensuring they get the best possible price. Users can still swap tokens if the Voyager liquidity pools do not have enough liquidity.

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For those who wish to participate in the Columbus Token (CBS) market and other token markets, Sailor Farms offers a variety of additional rewards and incentives. For a high APR income, Pancakeswap LP token holders can use the Sailor Farms to stake their tokens.

User's crypto assets can be staked in the treasure chest's staking pool and earn a reasonable rate of return. In addition, new crypto projects can apply for Treasure Chest and host their own currency in the pool.

It's easy to trade NFTs with The Trotter's Market, a community-driven NFT trading and auction platform. As an NFT seller, Trotter's Market makes it easy for you to sell and auction your items.

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Tokonomics

The Columbus ecosystem's native coin, CBS, serves as the backbone of the Binance Smart Chain-based platform.

The Columbus Token is the token's name.

Significance-free ticker: CBS

Binance Smart Chain Network

More than ten million million dollars CBS

CBS Tokens have a great deal of value

Payments on the Columbus Ecosystem's platforms are all done in CBS tokens.

. Farms and swimming pools lose half of their deposit money to incineration.

All benefits in the ecosystem will be paid in CBS tokens..

A token burn is planned for each milestone achieved by the team, which is aimed at bolstering the value of CBS tokens

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Conclusion

Third-world countries have a difficult time with the financial onboarding process. Many people are unable to begin the application procedure because they lack basic identification documents such as a birth certificate. As for insurance, it's a no-brainer. Blockchain technology has the potential to have a big impact here. An adventure in the world of cryptocurrency, rewarding and interesting especially for the third world underdeveloped countries that are far away from financial freedom, the Columbus Token Project was designed to create a new medium of payment for their financial needs by making them independent from centralised authorities.

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FOR MORE INFORMATION
https://www.columbustoken.net/
https://mobile.twitter.com/columbustoken
https://www.facebook.com/Columbus.Token
https://t.me/columbustoken
https://instagram.com/columbus_token
https://www.reddit.com/r/Columbustoken_1
https://columbustoken.medium.com/
https://discord.com/channels/893143831434891364/893143831434891366

AUTHOR
BTT USER NAME: cryptobadshah
BSC WALLET ADDRESS: 0x67e47553439CAF6D7243f2d10fe52AC90f49aa97

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