ETNA Network

ETNA Network - The Future DeFi and Gaming Ecosystem.

All things DeFi, with features including lending/borrowing and a hybrid liquidity protocol. Hybrid gaming/NFT ecosystem enables the seamless integration of conventional games on the blockchain.

What is ETNA Network?

Cyclops Finance is a blockchain company that started out as a Hybrid gaming ecosystem with plans to integrate in-game NFT assets into a Decentralized borrowing and lending platform. Enabling a seamless integration of finance and gaming on the Ethereum Protocol.

Etna aims to make it intuitive and easy for users to get on board easily while simplifying platform use without having to own multiple wallets. The mission is to create an all-in-one ecosystem, a single platform of interconnected crypto-type technologies built for both the experienced and the inexperienced.

ETNA Network is building technologies in DeFi, gaming, and NFTs. A brief overview of these technologies is as follows:

FEATURES

DEFI

Our DeFi product is a combination of the two largest DeFi-type applications:
DeBank, the first lending/borrowing network to support the use of NFTs as collateral and also grants interest-free loans to ETNA holders.
The first hybrid liquidity protocol with Broker-Buyer Type (BBT) trading featur

NFT FACTORY

All-in-one marketplace and factory for Game Assets and NFTs.
ETNA powered, Value locked NFT marketplace, instant trading of game assets/NFTs with all assets value pegged on a price-demand curves.
Bringing Digital art creators and collectors together.

GAMING

Hybrid gaming ecosystem for all, enables the seamless integration of conventional games on the blockchain.
Conventional game assets digitization mechanism.
The Tournament, live global gaming events. Players from around the globe compete virtually and more

Features of ETNA Network

A Digital Asset Lending and Borrowing Platform where not only coins and tokens can be used as collateral, but also NFTs, digital lands, and more. Holders of valuable NFTs can now take a loan by using such NFTs as collateral, this is indeed a game-changer.
A Hybrid Liquidity Protocol DEX where users will have access to hundreds of digital assets. An exchange where the complexity that comes with trading cryptocurrencies is a thing of the past. With a novel Broker-Buyer-Type (BBT) trading mechanism, users with zero experience will be able to trade with ease.
Gaming Technologies Gaming platform where conventional games can be deployed and integrated with the blockchain. Built for both game developers and players. With game assets minted into NFTs, community members can own such game assets and earn royalties which grow with game popularity.
A Dynamic NFT Marketplace where users can buy and sell valuable NFTs on the spot. you can buy and sell NFTs like you would do for tokens/coins on an exchange. ETNA is able to achieve this by an NFT value-lock-in mechanism, simply put, the value of each NFT is equated to some amount of the underlying currency. It is more interesting than it sounds as each NFT trade dynamic is modeled after a geometric price-demand curve. With this holders are certain to enjoy price appreciation and are guaranteed ease of trading back.
A Cross-Chain mechanism that facilitates the transferability of assets across blockchains. This is huge as this will enable the attainment of the true universality of NFTs.

ENTA Ecosystem

DeBank – DeBank which is ETNA’s Lending/borrowing platform has been deployed on BSC. It currently supports the lending and borrowing of seven tokens/coins namely BNB, ETNA, ETH, BTC, BUSD, USDT, and DAI. It also supports the deposits of all ETNA NFTs and users can already use such NFTs to take out loans. ETNA’s DeBank also allows holders of ETNA tokens to take out interest-free loans always. This is also the first of its kind in the crypto space. At present over 4,500,000 ETNA and over 2000 NFTs have been deposited. Also, over $200,000 in interest-free loans have been taken.
ETNA’s NFT Marketplace – ETNA Networks’ NFTs are gaming assets that would be deployed in the upcoming game. Currently, there are over 30 NFTs trading on the ETNA Network marketplace, these NFTs are comprised of game characters, weapons, secret passages, creatures, and many more.

What is ETNA Token?

ETNA is the native currency of the ENTA Network ecosystem which is used for various Defi functions like lending, borrowing, NFT sale and purchase, and for fees.

Tokonomics

Token Name: ETNA Network

Token Ticker: ETNA

Network: Binance Smart Chain

Total Supply: 100,000,000

Staking 40,000,000

BBT Marketplace 30,000,000

Token Contract: https://bscscan.com/address/0x51f35073ff7cf54c9e86b7042e59a8cc9709fc46

Fund Allocation

Presale 10,000,000

Liquidity 6,000,000

Team 3,000,000 (locked for 2 years)

Development Fund 5,000,000

Partnership 5,000,000

Foundation 2,000,000

ETNA Token Utility

Lending Platform – Interest-free loans can be taken by Leveraging ETNA Tokens.
BBT Market – ETNA can be used as collateral as Proof of Insurance Mechanism
NFT Market Currency – NFT Marketplace preferred currency is ETNA used to buy and sell in-game assets and other NFT’s
Rewards – ETNA can be used as a Treasure and reward in the gaming section of ETNA ecosystem.

ETNA’s Roadmap

Q2 2021

Deployment of DeBank lending and borrowing network WEB application.

Upgrade of NFT marketplace spot trading interface.

Integration of NFT Auction feature.

Application for Crypto and Banking License.

Major CEX Listing.

Q3 2021

Deployment of DeBank lending and borrowing network Mobile applications.

Development of liquidity-based trading exchange with enhanced.

Broker-buyer type trading feature.

Integration of gaming portal, deployment of games.

Game ecosystem expansion and major gaming partnership.

Q4 2021

NFT marketplace version 2.0 release, P2P trading option and sub-marketplace for artists.

Deployment of NFT cross-chain mechanism.

Deployment of NFT based synthetic commodities and applications.

Q1 2022

Integration of Fiat-crypto type transaction support on all applications.

Integration of banking services and Debit card issuance.

Development of all-in-one mobile app.

Development of more innovative technologies, major industry partnerships and further expansions.

OUR PEOPLE

ETNA have been working closely with highly experienced blockchain developer and team members.

Shola Otitoju: CEO and Co-Founder

Allaa Alhasan: Tech Advisor

Sergey Chekriy: IT Tech Consultant

Ruslan Denisov: Head of Design

Iryna Vynnychenko: Frontend Developer

Marit Heinsoo: Financial Consultant

Nurpais Orozulbaev: Frontend Developer

Vladimir: Frontend Developer

Dmitry Zavada: Frontend Developer

Nata Denisova: UX/UI Designer

Taiwo Odedairo: Market Research Specialist

Conclusion

In-game assets are NFTs that are stored on the Binance smart chain which gives players full ownership. Players will be able to use them as in-game assets to play the action-packed game, trade them on the secondary market, staked them on NFT reward pools, or use them as collateral to borrow other tokens.