Senator Cynthia Lummis (R-WY) has given a specific date for when her long-awaited crypto regulator bill will be unveiled. The legislation will help to sort cryptocurrencies under appropriate regulatory labels and federal jurisdictions. According to a tweet from the senator on Friday, the final version of her bill will be released on Tuesday, June 7th. Lummis has spent months working on the bill alongside Senator Kirsten Gillibrand (D-NY), announcing it as early December 2021. The bill will reportedly provide sweeping…
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Ezillion – A One-Stop Solution for Launching Crypto Projects
For many crypto enthusiasts, the prospect of creating a coin and a community is exciting. However, launching a new crypto project is not as easy as investing in one. A project must have strong fundamentals to join the market successfully.
Developers are establishing platforms to launch crypto projects to make things easier. Today we will look into one of these initiatives, Ezillion, and its key features.
What Do We Know About Ezillion?
Ezillion is a new technology-based cryptocurrency that is environmentally conscious and eco-friendly. It runs on multiple structural blockchains, such as the Binance Smart Chain (BSC), Ethereum, and Polygon.
In contrast to traditional payment methods, Ezillion is a peer-to-peer (P2P) decentralized network. The team promises that the project enables fast, near-zero cost payments to anybody globally.
The following subsections will help us collect more information about Ezillion’s ecosystem.
Mission and Vision
The team explained in detail Ezillion’s mission through a series of points.
For starters, the founders want to enable holders with an effective way to connect to the digital assets world. Furthermore, Ezillion aims at reducing the barrier to entry into an increasingly sophisticated financial environment.
The project wants to put the crypto community at its core by offering enhanced decentralization. Ezillion wishes to help all traders to make the best out of their investments in the crypto industry.
Trading, swapping, and staking are how Ezillion is entering the blockchain market, trading, swapping and staking. Furthermore, the project comes with a reflection reward system and a profit-sharing mechanism.
In terms of vision, Ezillion imagines a way to reach crypto mass adoption. In this scenario, the role of cryptocurrencies in income management would become increasingly important.
The Launchpad
In Ezillion’s ecosystem, we find a token, an NFT marketplace, a staking process, and, most importantly, a launchpad. We will provide information about each of these elements in our review.
The launchpad represents an IDO platform for issuing new coins and tokens. All new projects need to raise liquidity in their initial phase, which is what Ezillion plans to do.
Ezillion will help teams kickstart their initial token sale, combined with profit sharing and reward mechanisms.
NFT Marketplace
After the Launchpad, we will provide more information about Ezillion’s NFT marketplace. Non-fungible tokens (NFTs) are one-of-a-kind, non-transferable blockchain assets growing in popularity recently.
The critical characteristics of EZI NFTs distinguish them from other forms of assets and give them a distinct value. These characteristics include uniqueness and the impossibility of dividing them.
Because the underlying code is transparent, the scarcity and ownership of any given token are easy to verify. No one can copy or transfer Ezillion NFTs to other wallets without the user’s consent.
The system’s marketplace allows users to produce, mint, sell and purchase NFTs. The integration with multiple chains, as we mentioned previously, should enhance the adoption of these assets.
The Staking Mechanism
When it comes to passive crypto income, the staking strategy is one of the most popular investment strategies on the market.
The platform promises to use a secure wallet and a double-checking process to stake all the tokens. In this framework, Ezillion plans to launch a staking mechanism that can work both for experienced and novice traders.
The team lists a series of advantages of staking cryptocurrencies on Ezillion. Among these, they mention funds security, a decentralized structure, and fast transactions.
$EZI Token and Tokenomics
The Ezillion token is a multi-utility token that will use this new platform as a launchpad. The team sums up its utility as follows:
- Access to the marketplace for NFTs where users may produce, mint, buy and sell digital assets.
- Traders can stake tokens in a pool and obtain passive income over time.
The supply of the $EZI token equals 1,000,000,000,000,000 samples, divided as we describe below:
- Burning operations: half (50%) of the supply
- Pre-sale phase: 20% of the tokens
- System liquidity: 20% of the available $EZI
- Unlocked tokens: the remaining 10% of the supply
Ezillion’s Roadmap
Ezillion’s team shared a project roadmap with the public, dividing the developments into five phases:
Phase 1
The first phase includes creating social media channels to host Ezillion’s online community. The website and whitepaper of the project are available, and the first phase featured marketing campaigns and a private sale.
The team will have its smart contract audited by Spywolf.co. Furthermore, PinkSale will take care of the KYC and private doxxing checks.
Phase 2
The second phase will see the launch of the pre-sale operation in April. Developers will start working on the launchpad feature of the project, and the token will appear on Coingecko and CoinMarketCap.
Phase 3
By the end of the third phase, the team expects the launchpad to go live on the market. Marketing operations will go on, and $EZI will appear on centralized exchanges (CEX).
Phase 4
The staking portal will be available by the end of this phase, and the team will start working on the NFT marketplace.
Phase 5
Finally, the founders will launch the NFT marketplace feature and complete an NFT airdrop event. The team will keep an active marketing strategy throughout all the project’s phases.
Conclusion
Ezillion aims to give the market a comprehensive platform to launch crypto projects and earn passive income. Our review presented, impartially, all the main features of this new initiative.
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Investors will be able to join Ezillion’s pre-sale operation in April, and this moment will represent a first test for the project.
Disclosure: This is a sponsored post. Readers are encouraged to conduct further research before taking any action. Furthermore, Crypto Adventure does not endorse any crypto projects cryptocurrencies listed, mentioned, or linked to on our site. Trading cryptocurrencies is a highly risky activity that can lead to major losses. You should consult your financial advisor before making any decision. Learn More
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