#CheckDot is actually a blockchain technology tool for end-users and developers that want`s to offer a various range of services that can simplify and innovate customers experience on the blockchain!
Interested?
Let`s go!
So here are the main services of @Checkdot_proto:
- Decentralized Insurance
- Token staking
- Projects Verification
- Audits
- Bridge
- 24h bet protocol
History:
CheckDot was born in May 2021, with an important concept at that time: Check and identify high risk projects to protect investors and newcomers in Decentralized Finance.
Based on the idea they have designed a decentralized auditing protocol named "DVP"
shortcut from: Decentralized-Verification-Protocol
Decentralized Insurance:
We all know that there are constantly hacks, lp steals etc. so if you have a bigger capital insurance is good thing for you imo.
Their protocol is built on three pillars: 1. Solvability Calculator 2. Products Manager 3. Covers Manager
1. Solvability Calculator:
A smart contract dedicated to the verification of the solvency of the protocol.
It assigns a level of insurable insurance possibility according to the risks of the products and the available liquidity.
Quite cool!
2. Products Manager
Management of insurance products through smart contract that every user buys a cover.
It contains all the insurance products.
It is the only smart contract that has the authorization to create a cover.
It connects and communicates with the Calculator and proceeds to the payment then to the creation of the cover by communicating with the smart contract itself.
3. Covers Manager
This is a smart contract ERC721 that does not allow any exchange of these NFT tokens.
This smart contract is "Soul Bound" Tokens manager. It contains the liquidity pools and the hedges and is essential to have these two parts in the same smart contract.
The insurance policy ( through a Soulbound token) has an expiration date, after that the Soulboud token is automatically destroyed!
First NFT Soul Bound Token proof of coverage.
Awesome stuff! Reminds me of soulboud items from World of Warcraft... nevermind:)
Create Your Own Staking Pool
What`s cool they have also a custom creation of staking pools that anyone with their project can use!
Why create a tech behind staking when you can get it here!
No need fot smart contracts or solidity knowledge!
You will only need to fill in a form, which will help you a lot with various automatic calculations and you are basically set your coin/token for staking!
The Staking pool is decentralized:)
How Cool is that!
They also have a cool feature called Trust Score
The trust score corresponds to the addition of 3 scores according to 3 criteria:
- A maturity score
- A community score
- A technical score
The result of this 3 score determines a score between 0 and 100
Fun though!
They also provide Smart Contracts Audits:
CheckDot's technical team brings its expertise to the evaluation of the Solidity code of smart contracts of companies.
Community manager
Grzegorz Gierek
Talked to him personally, awesome straightforward/no-bullshit guy! Much respect!
They also have a vision to create a digital agency in Metaverse like "The SandBox" I respect that!
It shows it`s not another shitcoin but a real innovative thinking project!
They also have their own bridge fot get $CDT token from #BSC to #ETH and vice versa!
I haven`t even scratched the surface of the project, they are building themselves a network of full variety of products to lead the way in the insurance blockchain revolution!
What I think about @Checkdot_proto ?
The CEO is a genius, insurance is cool, the idea is cool, staking for others without smart contract knowledge is cool and verification's with audits also cool.
To much cool lol DYOR and check them out!
Help me go where I want to!
I grind hard to be the thread maker of all times
Improving every week!
If you liked it retweet the first tweet and like it:)
So I have to many questions where to buy, sir... Where, where!
So it's so easy to check where to buy cuz most coins are listed on @coingecko or @CoinMarketCap and I use coingecko to check what coin is listed where.
π§΅
Let's go!
$FRM $NAKA $SRM
Take $NAKA as example:
Open coingecko app or website: coingecko.com
Write the name of the coin you want like on my picture below!
Ofc click on @NakamotoGames
So did you actually knew that @FerrumNetwork has a team of over 15 full time devs? Yeah not one or two, 15! and they all work on different aspects of the project itself like network interoperability mainnet powered by Quantum Portal technology.
The devs plan to launch the mainnet in this year and it will be a glorious one!
Why?
Cuz the mainnet will bring multi-chain dApps to the industry!
...and that my friends is the biggest reason I am invested in $FRM because of the interoperability!
So The @0x0Audits main mission it to increase both privacy and security in the crypto space, and they are building, a massive platform with cool things, that will make the space both more private and secure!
So let`s dive it to the project!
I think that integration of AI technology with privacy features and security protocol is a great idea and much needed in the current state of the market!
Thread about $SRM a project that will use a renewable energy generation based blockchain for monetization of that energy and also validate and secure the network itself!
So @SolareumChain was created to stop the manipulation of the energy sectors and also to cut the middle man that sometimes takes money for literally nothing!
Lowering the costs for companies, producers and us the people!
They are creating a peer-to-peer renewable energy system that will ensure that renewable energy can be:
- Generated
- Used
- Traded
- Stored
- Distributed
- Governed
- Monetized in a trustless way
Thread about $CHEQ a crypto project with infrastructure for trusted data markets that wants to
exchange and commercialize trusted data in a secure and decentralized manner.
So everyone of us got logged in and created accounts on multiple websites, and as we all know we use our emails and passwords for that manner, so how many times companies sold out emails? unlimited times... so we need a change and @cheqd_io provides it!
let`s go!
$CHEQ uses Self-Sovereign Identity (SSI) a cool solution to the problem above, that helps to address these issues, by giving users control over their data.
@ProjectTXA@rush_hour51@SerLondonCrypto So as we all know CEX`es are losing trust from the #FTX drama and so on... #DEX`es on the other hand are cool, but who didn`t experience a faild tx on #ETH with paying 12$ for basically nothing... yeah it`s slow!
So let`s start with what is The Decentralized Settlement Layer?
It is basically an is architecture for P2P settlements for exchanges. So many exchanges can use it to speed up their adoption with off-chain fully compliant options!