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Shortage.finance Adding Value to Users through Its Ethereum-backed Token

redfly.eth

Published

2 years ago

on

Shortage is one of the most recent projects in Q4 2021, creating a continuous backing for its token to help with its overall value in the long term. The project describes its token as a safe-haven asset, leveraging Ethereum as the backing currency. Notably, the straightforward nature of its ecosystem will be a beneficial factor to both starters and professionals in the industry today. 

According to the project, its token is not suitable for trading or short-term investing. This factor is mainly due to its target to add more value as time goes by, incentivizing its holders to store the currency. It also assures users that there is no team to claim any portion of the supply or change the dynamics of how the token and its smart contract works. Anyone can confirm on etherscan.io that the team has transferred the ownership of the smart contract and 100% liquidity to the dead address. This fact further proves that the team has zero control over the project. 

Moreover, it has no allocation of the token’s supply to marketing strategies, depending on the community to take up the task. Shortage believes that every holder can take a step to spreading the word about the token through social media, paid campaigns, and sharing to relatives or friends, among others.

Understanding RTG Tokenomics

The first unique thing to understand about the RTG token is that there will be no official presale. The project has a great focus on liquidity and burning the token during its existence in the industry. The whole concept surrounds reducing its supply while increasing its Ethereum backing. 

RTG is an ERC-20 token with a total supply of 2 billion tokens. On December 27, the coin earned a listing on Uniswap V2, which will be the main exchange where you can acquire the coin. 50% of the total supply will go to liquidity locking, meant to remain locked forever. The other half will be burned to increase the scarcity of the token in the market. 

Any transactions involving the RTG/ETH pair will incur a transaction fee of 10% from the total; that is from any purchase, sale, or transfer of the token. If you are a holder of the token, you can expect a share from 50% of all transaction fees; the rest will go to the burning address. 

Holders do not have to go through a hassle claiming the rewards they earn from holding the token. All you need to do is get a wallet compatible with the pair, fund it, and acquire the tokens you wish. Make sure to set your slippage at 12% to complete all your orders efficiently.

Increasing the Value Holders Get

Currently, 50% of RTG’s total supply is already in the burn address, a move that many existing projects are employing to reduce the supply of their tokens. The basic law of supply and demand states that with reduced supply, demand increases. In the same way, projects wish to derive the most from the same concept by removing them from the circulating supply.

Additionally, when anyone buys or sells RTG on Uniswap V2, part of every transaction fee goes to burning. Also, ETH will replace the RTG tokens, increasing the backing of the Shortage tokens. As such, the backing will always be more than enough to cover the total circulation supply available for sale. As a result, the price floor increases after every RTG transaction.

Lastly, part of the Ethereum backing in the pool will not be withdrawable to ensure a constant boost after every transaction. In the long run, the fruits of this objective will be visible in making RTG a long-term investment option for its holders. 

Twitter: https://twitter.com/Shortagfinance?s=20

Telegram: https://t.me/shortagechat

Reddit: https://www.reddit.com/r/shortagefinance/

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Press Release

Big Red LLC Partners with Cornell University’s Entrepreneurship at Cornell Program, Paving the Way for Innovation and Collaboration

Team Bitcoin Daily

Published

20 hours ago

on

April 15, 2024

By

Big Red LLC, a pioneering blockchain and cryptocurrency project, proudly announces its sponsorship partnership with Cornell University’s Entrepreneurship at Cornell program. This landmark collaboration signifies Big Red LLC’s commitment to fostering innovation and education within the blockchain space while establishing the project as a trailblazer in the crypto industry.

Named after the iconic Cornell University mascot and inspired by the university’s rich history of academic excellence and innovation, Big Red LLC represents the fusion of tradition and innovation. The project’s moniker pays homage to Cornell’s longstanding legacy and its influential role in shaping the world of blockchain technology.

As the first crypto sponsor of the Entrepreneurship at Cornell program, Big Red LLC embarks on a journey of mutual benefit, bringing together academia and industry to drive groundbreaking initiatives. This partnership opens doors to unprecedented opportunities, particularly for students, for innovation, education, and collaboration within the blockchain space.

“We are thrilled to be partnering with Cornell University’s Entrepreneurship program,” says Christopher Gilles Fourquier, Lead Developer of Big Red LLC. “This collaboration opens doors to unprecedented opportunities for innovation, education, and collaboration within the blockchain space. As the first crypto sponsor of Entrepreneurship at Cornell, we are proud to pioneer this initiative and set a new standard for industry-academic partnerships.”

The corporate sponsorship extends beyond financial support, as two esteemed members of the Big Red LLC team, Frances Regina (Head of Growth and Partnerships) and Christopher Gilles Fourquier (Lead Developer), will be listed on the advisory council of the Entrepreneurship at Cornell program. This prestigious honor places Big Red LLC at the forefront of academic-industry collaboration, as these individuals join an elite group of advisors guiding the program’s initiatives and participating in the entrepreneurship ecosystem at Cornell.

“This is a significant achievement for our team,” says Frances Regina, Head of Growth and Partnerships at Big Red LLC. “Being listed on the advisory council of Cornell University’s Entrepreneurship program is a testament to our expertise and dedication to driving innovation in the blockchain space. We look forward to leveraging this partnership to create meaningful impact and foster the next generation of blockchain entrepreneurs.”

The sponsorship opens doors to a plethora of opportunities for Big Red LLC within the Cornell community. Big Red LLC will be prominently featured as a corporate sponsor at Entrepreneurship at Cornell event, providing a platform to showcase its innovative projects and initiatives to a diverse audience of students, alumni and academics.

Additionally, discussions are underway for Big Red LLC to host its own event with Entrepreneurship at Cornell, focusing on blockchain technology and the future of Web 3.0. This event will serve as an invaluable opportunity to engage with students and faculty at Cornell.

Furthermore, Entrepreneurship at Cornell hopes to host a webinar in collaboration with Big Red LLC, offering insights into the innovative developments within the blockchain industry. This webinar will provide a platform to educate and engage with audiences about the transformative potential of blockchain technology.

“The partnership with Entrepreneurship at Cornell represents a significant milestone for Big Red LLC,” concludes the Blockchain Brothers, one of the strategic advisors for Big Red LLC. “Cornell’s longstanding legacy of academic excellence and innovation aligns perfectly with our vision for long-term domination in the blockchain space. We hope to capitalize on the sponsorship with multiple possibilities for collaboration and growth.” 

Zachary Shulman, Director of the Entrepreneurship at Cornell program, conveyed enthusiasm regarding the partnership, articulating, “Given Cornell’s leadership in blockchain research, it is fantastic to cement this inaugural crypto sponsorship with Big Red LLC. I am very excited to get Big Red integrated into our eship ecosystem, hopefully to the direct benefit of our students!”

The sponsorship with the Entrepreneurship at Cornell program provides credibility for Big Red LLC and also positions the project to bridge the gap between academia and industry. This partnership marks a significant milestone in the journey of Big Red LLC and reaffirms its commitment to pushing the boundaries of innovation in the blockchain space.

Twitter: https://twitter.com/BigRed_TD  

Website: https://www.thebigredcrypto.com  

Contract Address for Big Red $TD: 0x87bbfc9dcb66caa8ce7582a3f17b60a25cd8a248 (AVAX)

For more information on Cornell University’s Entrepreneurship, visit website: https://eship.cornell.edu/

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Press Release

BitDelta’s Bitcoin Halving Mega Giveaway

Crypto Chain Wire

Published

4 days ago

on

April 12, 2024

By

Excitement is building in the crypto community as the Bitcoin Halving approaches, and BitDelta is throwing a massive giveaway to celebrate!

Campaign Period: April 6th, 2024, 09:00 UTC – April 20th, 2024, 23:59 UTC

Get your chance to win your share of USD 100,000 by following these simple steps:

  • Download the BitDelta App or visit bitdelta.com
  • Sign up on the platform using this link
  • Complete your profile information
  • Make at least one trade on any tokens listed on the BitDelta spot exchange during the campaign period

Make more trades and increase your chances of being a winner with BitDelta!

We suggest engaging in multiple trades and maintaining a minimum balance in your spot wallet to boost your odds of claiming victory.

At the end of the campaign, three fortunate winners will be randomly selected:

  1. 1st Place: USD 65,000
  2. 2nd Place: USD 25,000
  3. 3rd Place: USD 10,000  

Important Note: Terms and conditions apply. $100,000 giveaway is applicable for eligible participants during the 2 Week Trading Period only.  

For full details, please read the T&C mentioned below:

  • BitDelta will disqualify any entry from users who do not meet the eligibility requirements as solely determined by BitDelta. 
  • BitDelta reserves the right to cancel the campaign or amend the campaign mechanics or rules at any time at our sole discretion. 
  • In addition to the following rules, please refer to the App Terms & Conditions and Privacy Notice.
  • To participate in the campaign KYC is mandatory and if any event of KYC and compliance issues get noticed by BitDelta, then BitDelta reserves the right to disqualify the user from the campaign. 
  • BitDelta reserves the right to cancel, suspend, or amend the campaign mechanics or rules at any time at our sole discretion without prior notice to you. 
  • In the event of any dispute BitDelta reserves the right to make all final decisions regarding the campaign. 
  • Nothing contained herein shall be construed to be financial advice.  Nothing contained herein shall constitute a solicitation, recommendation, endorsement, or offer by BitDelta to invest, buy or sell digital assets.   

Purchasing cryptocurrencies and digital assets involves a high degree of risk and there is always the possibility of loss, including the loss of all or a substantial amount of your initial purchase price.   

Please seek professional advice before making any financial, investment, or trading decisions. 

Sign Up Now – Click Here

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Press Release

World Blockchain Summit (WBS) presented by SUN Minimeal returns to Dubai for the 29th edition

Crypto Chain Wire

Published

5 days ago

on

April 11, 2024

By

WBS, an event by Trescon, is uniting the top web3 minds that are affirming the region’s pivotal role in blockchain and crypto. Don’t miss out on the year’s most anticipated blockchain event—reserve your passes now!

WBSDubai, one of the world’s longest-running blockchain events, is back! Taking place on 22nd-23rd April, this eagerly awaited summit, co-hosted by SUN Minimeal and manufactured by SUN AG. Beyond being at the forefront of nutritional innovation, SUN Minimeal is breaking new ground in the blockchain sector by integrating the SUN Rewards program and SUN Minimeal Coins ($UN) into their operations. This initiative represents a significant leap forward in how blockchain technology can be applied to everyday health and lifestyle products, promoting sustainability, health, and affordability.

As the blockchain community continues to grow and evolve, the collaboration with SUN Minimeal underscores a shared commitment to innovation, sustainability, and health. With its association with one of the longest-running blockchain events, World Blockchain Summit, Sun AG exhibits its commitment to the growth and rapid adoption of innovative blockchain solutions.

“The collaboration with SUN Minimeal exemplifies our dedication to showcasing blockchain innovations that have real-world impact,” remarked Sharath Kumar, Business Director at Trescon. He further added, “In an era where blockchain technology is reshaping industries, the integration of blockchain with sustainable lifestyle solutions like SUN Minimeal is a testament to the transformative power of blockchain innovation.”

SUN Minimeal’s blockchain-based solutions extend beyond traditional dietary offerings. Their SUN Rewards program leverages blockchain technology to incentivize lifestyle changes among users, offering a digital rewards program that actively rewards users for their commitment to a healthier lifestyle.

Wolfgang Grabher, CEO and founder of SUN AG, shared his enthusiasm for the collaboration, stating, “We are excited to showcase SUN Minimeal and its innovative Rewards Programme at the World Blockchain Summit Dubai 2024, providing insight into the successful SUN use case of generating more than 100 million US$ in revenue in the food sector in its first year, using innovative blockchain technology.” He further added, “Our mission is to reduce the resources for nutrition by more than 90% and reverse the problem of high food prices through inflation. We see WBS as an excellent platform to connect SUN with the world of Blockchain.”

WBS Dubai serves as a critical platform for dialogues on the future of blockchain technology, offering unparalleled opportunities for networking, collaboration, and insight exchange among the brightest minds in the sector. The summit will feature keynote speeches, panel discussions, and workshops led by esteemed experts, alongside an exhibition showcasing the latest advancements in blockchain applications.

Seize the opportunity to immerse in technological innovation at #WBSDubai, where seminal ideas and transformative solutions converge. Engage with leading scholars, visionary entrepreneurs, and industry luminaries shaping the future of blockchain. The summit promises the latest paradigms and advancements, fertile ground for capital ventures, sage advice, and unparalleled networking opportunities.

Key topics of discussions include:

  • Crypto Market Volatility: Bear Market vs. Bull Market Trends
  • Decrypting the Regulatory Landscape of Virtual Assets
  • DeFi Today: From Hype to Reality
  • Maximising ESG Impact with Blockchain
  • Empowering Communities: Web3’s Role in Fostering Inclusive Participation
  • Tokenisation of Real-World Assets: The Future of Finance
  • NFTs Beyond Collectibles: The Renaissance of Digital Assets

Secure your registration for the World Blockchain Summit Dubai promptly. A limited number of discounted tickets are available, urging swift action to ensure your attendance at this intellectually stimulating event. 

About World Blockchain Summit (WBS)

World Blockchain Summit (WBS), a part of Trescon, one of the world’s fastest-growing organizers of emerging tech B2B events, demand gen services and more, is a Web3 focused events organizer. The management team has over 20 years of experience organizing successful conferences, expos, and summits. WBS works with Web3 industry leaders and innovators as advisors to ensure alignment with current market trends and needs.

To book your tickets, visit: https://www.worldblockchainsummit.com/dxb-apr-24?utm_source=media%20PR%20rd2&utm_medium=ZexPR#Ticket-booking-sections

For further inquiries, please contact: 

Shadi Dawi
Director, Public Relations & Partnerships – MENA, Trescon
shadi@tresconglobal.com
+971 55 498 4989

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