Sponsored
964
views

Rocket Global – A Next-Gen Hybrid Crypto Exchange

The market of crypto exchanges is crowded, and new initiatives in this niche always need to develop something innovative to have a chance of survival. The sector is still far from reaching a mature phase, and creative teams have an opportunity to improve the current inefficiencies of the market.

Today we will talk about Rocket Global and impartially review its main features. Our short overview wishes to highlight the key characteristics of the project to let the readers form an opinion on the initiative.

About Rocket Global

Cryptocurrency exchange, high yield staking, and NFT marketplace all in one: this is how Rocket Global wishes to captivate investors. There are various faults and limits in current crypto exchanges. It’s challenging to avoid the risks of capped or sluggish transactions, and the community is left with no choice but to accept them.

This 2-in-1 trading experience (i.e., the merge of CEX and DEX dimensions) eliminates front running and wishes to ensure that the order book is immutable, temporal, and transparent to meet the demands of global investors. Rocket Global is a multi-functional hybrid cryptocurrency exchange ecosystem.

Rocket Global’s Technical Framework

The project uses stable versions of Trading System Components, Trade Statistics Service, and Market Data Service.

It uses Binary and WS as trading data protocols, with over 1,000 tokens supported on the system. The settlement mode follows the total funds pre-deposit (DVP) in a spot trading mode.

Furthermore, the team explained that the orders are performed anonymously on a time priority basis. Rocket Global has a “limit” and “hidden” mode in order types.

The project supports algorithmic trading and provides investors with social tools to create a more engaging experience. The portal also features several technical analysis indicators and visualization tools.

Moreover, the project features a news stream system that enables traders to keep track of the leading market events.

The Multi-Chain NFT Marketplace

The team is working to create a cutting-edge multi-chain marketplace where crypto-collectibles may be made, sold, and traded in real-time. Because users can now impose digital scarcity via NFTs, everyone may claim ownership of a part of the internet. 

Web 3.0 creator and collector economy is only getting started, and this initiative is merely the tip of the iceberg, in the team’s view.

As a bridge or sidechain, the marketplace infrastructure networks of Rocket Global may run independently of any other blockchain network. Integration with other blockchains is made possible by integrating as separate chains.

High Yield Staking

Yield farming has been one of the key tactics for risk-averse investors interested in obtaining a passive income from cryptocurrencies. Yield farming, together with staking, compose the core of passive trading in the decentralized finance (DeFi) business.

Staking and liquidity pools allow crypto investors to put their funds to work and reap the returns.

Rocket Global’s infrastructure uses automated market makers (AMMs) to match orders. Instead of announcing the current market value of an asset, it uses smart contracts to create liquidity pools. Using the pre-programmed algorithms, the pools may then carry out the transactions.

Liquidity providers deposit money into the liquidity pools in this operation. This product promises to provide up to 389 percent APRs through various staking and liquidity pools.

Rocket Pay

The group has created a seamless Merchant Payment Gateway that would allow customers to pay for products and services in cryptocurrency with very little or no fees. 

Merchants that had previously been unable to accept cryptocurrencies are now able to do so thanks to this new approach. Merchants may get a wide range of payment methods with the help of Rocket Pay.

The Tokenomics Governing the Project

The team behind Rocket Global has created a cryptocurrency called RCKC. The token will power Rocket Global’s ecosystem.

The 750 million tokens will be divided among liquidity/public sale (15%), marketing (15%), community airdrops and bounties (15%), rewards for staking (13%) and liquidity pool (11.5%), team (10%), partners (6%), advisors (5%), angel investors (4%), private sale (3%), and NFT creator fund (2.5%).

Roadmap

The team is working on a two-year schedule, as we explain below.

2022

For the current year, the team inserted several milestones in its plan. For example, the first quarter began with developing the website and smart contract for the project and several marketing campaigns.

The second quarter features a token fair launch on PinkSale, an audit run by Certik, and the yield & staking portal launch, among many milestones.

The second part of the year will see the first version of the DEX aggregator system and the creation of the project’s DAO. The year will end with the launch of the Rocket Pay feature and the announcement of new strategic partnerships.

2023

By the end of the first quarter of next year, the NFT marketplace of the project will go live. Rocket Global will also see futures and derivatives trading implementation on its portal. 

Finally, the last quarter of the year will see the creation of the Rocket Global blockchain system.

Final Thoughts

Rocket Global is entering the DeFi market with a diversified offer. The combination of NFTs, a passive income strategy, a payment method, and an exchange platform has the potential to catch the attention of different users.

Bitcoin live price
Btc
Bitcoin
$29.026
price
1.86928%
price change
BUY NOW

The team uses its website and social media pages to update the community on news and developments. Any reader can use these channels to keep informed about the initiative.

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

Stay up to date with our latest articles

More posts

Terra 2.0 Airdrop is Live: Here’s What You Need to Know

Terra isn’t dead: the network is back up and running on a new blockchain, focusing on a more decentralized governance model. The community is making no attempts to revive its recently failed TerraUSD (UST) stablecoin. It has, however, re-launched a new version of the LUNA governance token, restarting its supply at 1,000,000,000 tokens. Here are the facts on the new blockchain, why it was launched, and the new token’s airdrop/ distribution. Background on Terra 2.0 Terra 2.0 (now known formally…

Marhaba DeFi Network Introduces Halal Certification for NFTs

A strategy to penetrate the $3 trillion Islamic market.   Marhaba (MRHB), a Muslim-centered DeFi platform, is launching the world’s first Sharia-backed NFTs certification.  The system involves a process where NFTs projects will be submitted to a Sharia administrative board. This panel will review the artwork’s compliance with Sharia Modesty and ethical code. Halal NFTs receive a Blockchain minted certificate curated by Sharia Experts LTD, an Islamic advisory platform for web3 projects.  Mohammed Naquib, the founder of Marhaba, explained how…

India Leads 26 Other Countries in Terms of Play-to-Earn Adoption

According to a recent NFT research, India ranks first among 26 countries on the basis of play-to-earn (P2E) gaming adoption. Indian Players Outnumber Hong Kong's and UAE's As per the survey, approximately 34% of respondents in India have experience with play-to-earn games. To be clear, play-to-earn games are blockchain-based games in which players receive incentives with real-world value. Since the outbreak of the pandemic and the rise of the work-from-home culture in India, the popularity of P2E games has soared.…

Cynthia Lummis Drops Reveal Date for Landmark Crypto Legislation

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…

Cardano Founder Lobbies for Favorable Laws in Washington

Cardano Founder Charles Hoskinson has shared details of a week-long trip to Washington D.C, where he met with US lawmakers to discuss crypto-related policies. In a Youtube video, Hoskinson related his conversations which he says are another step towards changing how regulatory entities view the crypto industry. Crypto Policies in Need of Major Work Charles Hoskinson has reportedly spent the past few days mulling over the best course for regulation. In fairness, Hoskinson has always pushed clarity in government interactions…

Terra Holders Approve Proposal to Burn 1B UST from Community Pool

Terraform Labs has announced plans to burn 1.3B UST from the community pool following a successful governance vote. After the "Rebirth of Terra" passed some days ago - the burn proposal is the latest in Terra's ultimate revival plan.  Terra will Absorb the UST Supply On Thursday, the burn idea, proposal 1747, passed with staggering support from the Terra community. 99.3% of participants in the vote (154.579 million) pushed for TFL to destroy a huge part of the UST supply. …

How Can You Determine the Rarity of an NFT?

The rarity of a non-fungible token (NFT) is one of the most often debated topics on the internet. The rarity of an NFT is one of the most critical elements in determining its value. Understanding how rarity works is a significant advantage for anyone investing in the NFT market. How can traders learn to measure this feature for any digital asset? Our guide today will share more insight on this critical aspect. Is It Possible to Measure Rarity? There has…

Twitter Agrees to Pay $150 million Fine for Invading Users’ Privacy

Twitter has consented to pay a $150 million sanction to the US Department of Justice (DOJ) and the Federal Trade Commission (FTC). The payment is a settlement for an invasion of privacy charge by the US government. The complainant maintained that Twitter had released users' private information to help advert companies target customers. The Breach Explained Per a complaint on Thursday, the Social Media behemoth allegedly retrieved customers' cell numbers and email info under false pretenses. According to the charge, …

Most NoCoiners Simply Don’t Understand Bitcoin, Finds Block Study

Jack Dorsey’s financial company Block has unveiled a survey from January examining top reasons that people don’t buy Bitcoin. The top reason, cited by 51% of respondents, was that they simply don’t understand it well enough. Conducted in partnership with Wakefield Research, the study surveyed 9500 people across 14 different countries. Besides the lack of knowledge, other common reasons for avoiding Bitcoin included cybersecurity risks (32%) and price volatility (30%). Among those that refused to buy Bitcoin despite sufficient knowledge,…

Federal Reserve Vice Chair Backs CBDC Issuance, Despite Republican Backlash

Lael Brainard – vice chairwoman of the Federal Reserve – showed support for a US CBDC at the House Financial Services Committee hearing on Thursday. She believes one could bring more efficiency to the financial system, but Republicans are staunchly opposed. Potential Need for a CBDC In advance of the hearing, Brainard issued a written statement discussing the pros and cons of a CBDC in the United States. When framing her argument, she first acknowledged the recent instability of private…