Decentralized bidding issuance - Initial Decentralized Bid Offering ( IDBO ) is the most objective and user- friendly token issuance mechanism in the history of EGG NETWORK . There is no one!
EGG NETWORK aggregated perpetual financial, builds the New-DeFi chain ecology with the only standard of "completely open autonomy" , from EFTalk's encrypted social constant-price traffic token EFT to the public chain token EGG , all adopted by the community The issuance mechanism of autonomous consensus eliminates human manipulation. The additional issuance of EFT is based on the development trend of the community’s overall traffic system and the consensus data fission created by the community’s payment behavior. It is based on the "Barrett Payment" rule and is implemented by smart contracts. Achieve 1:0.8 times of additional issuance to maintain the stickiness of the entire user ecology, and at the same time the property of constant value of about 0.1511 USD , to meet the rigid demand for payment in multi-dimensional scenarios. It is different from USDT 's additional issuance and circulation with the endorsement of a third-party TEDA company, and the market value of EFT 's additional issuance. It is due to the development of the overall user traffic to the payment ecological scene, and the most true value displayed by the consensus evangelism, without any bubble component and in a state of balanced circulation.
In the early stage of blockchain projects, the ICO market was chaotic, the price was chaotic, and a large number of chips were controlled by a few institutions, which prevented many users from participating in ICO . For this reason, during 2017-2018 , proxy ICO became a new type of profit-making method. Obtain a large number of low-cost chips from the project party, and sell them to ordinary investors at a higher price. Many ordinary investors often get tokens at a price far exceeding the ICO issue price of the project party. Some project parties even issue tokens in excess in order to quickly obtain benefits. As a result, there are too many tokens in the market, which directly leads to the breaking of the phenomenon when it goes online.
IEOs are issued by exchanges. Exchange collective tokens are issued, online, and one-stop trading services. The power is too huge, and exchange data falsifications occur from time to time. Some exchanges use internal data manipulation to obtain a large amount of cheap chips. After spectators, IEO has become a gimmick for the exchange and the project party to hype.
To this end, EGG NETWORK, in order to solve the traditional issuance pain points, innovated to use "free and anonymous bidding" to allow EGG to circulate in the market. The purpose of this is to eliminate the unilateral dominance formed by centralized control. You are qualified to express your value to EGG in your mind . It can be said that “online is value”, and the most real value of EGG is presented through a large amount of bidding data . This bidding method truly transfers the development rights and value of the project to the community In hand, the community decides the project value, development direction, core areas, etc.
At the same time, the ecology is highly compatible with each other. EFT is the primary condition for bidding EGG . Each ecology is linked together to form a strong closed loop of circulation. Equipped with EDEX , the circulation transaction in the secondary market is realized through EDEX in the early stage , and it is also a stable communication. The benign development of the price of the security, avoiding centralized exchanges breaking and manipulating the price of the currency, etc., a large amount of EGG wealth will be given to more users in the early stage, and the situation of "separation of powers" can be effectively achieved in the later stage. A lot of wealth is in the hands of a few people, effectively avoiding a series of malicious phenomena in the later stage!
EGG NETWORK has opened the door to the era of New-DeFi autonomy. In the future, there will be more New-DeFi ecological constructions, such as annihilating mining machines to realize the value of asset integration, NFT one-click on the standard distribution chain to ensure the autonomy of users open, chain vendors Payment applications, etc., let us look forward to the EGG NETWORK mining docking chasing Wei 188200092 to bring a new vision to the blockchain industry and lead a new chain of business landscape.