Columbus Token — Decentralized financial services solutions store and invest your cryptocurrency…

Overview

The digital currency has made significant progress since the introduction of Bitcoin back in 2009, however, it has been a constant struggle to break through the mainstream. The world is divided into people who cryptocurrency and the other one is not. Cryptocurrencies practically are only available to those people with access to technology. This is the kind of thing where first-world countries have a distinct advantage over third-world countries.

Despite this expectation, the reality is that cryptocurrencies not only have a strong role to play in the future of many third-world countries but also have already provided some interesting benefits to third-world people, spurring some exciting innovations. Cryptocurrencies offer a means of transferring currency easily, without the costly issues associated with traditional money transfers. It is also quick and for the most part avoids taxation and the like, another remnant of opportunistic political largesse.

Cryptocurrencies and mobile transfers have created an opportunity for people in third-world countries to control and protect their assets by enabling equal access to currency solutions to everyone, regardless of circumstances. Addressing the people in third-world countries is a huge use case for The Columbus Token believing that access to financial solutions is a right of every single person in the world.

What is Columbus Token?

Columbus Token Project is one of the few platforms that take care of the poverty issue. They offer financial services to the unbanked and help small businesses broaden their outreach. Apart from zero-fee money transfers, the company strives to provide remote work to anyone. They believe that the blockchain can power a new, uncorrupt, and transparent kind of charity and give their stakeholders the opportunity to control where their funds end up. They also enable guarantor and direct lending to entrepreneurs.

The Columbus project looks to solve inherent problems associated with Decentralized Finance and provide users with a seamless and frictionless ecosystem where they can access various financial opportunities. The Columbus ecosystem simplifies finance and gives the users simple platforms where they can easily enjoy the fruits of DeFi.

What problems is Columbus Token trying to solve?

The two basic things the Columbus Token provides are investments tools, and a way to ensure safe discrete transactions.

The Columbus Wallet: Cryptocurrency wallets are simple and fast to establish and operate on a global scale. The Columbus Wallet offers a smooth crypto-financial experience, advanced security solutions like tokenization and biometric authentication that help to reduce the threat of fraud and chargebacks so that you can hold and invest your cryptocurrencies seamlessly.

A Transparent System: Transparency is a major benefit of a cryptocurrency transaction. Blockchains tend to be a far more transparent system than what is offered by private investment firms. And the Columbus Token being built on the Binance Smart Chain

An NFT Marketplace: The Columbus NFT market is a massive digital pool that can comprise huge transactions happening in this market daily. To access this marketplace and to buy or sell anything they want to. It is probably the future of the digital market.

The Ecosystem of Columbus Token

Voyager DEX — The Voyager DEX is a Decentralized Exchange Protocol and DEX Aggregation Platform running on the Automated Market Maker (AMM) model, for the Binance Smart Chain (BSC) blockchain. Users can swap their BEP-20 standard crypto tokens on the Voyager DEX by connecting their web3 wallets with the Binance Smart Chain network enabled.

Liquidity Mining — Users can add liquidity to existing token pairs in the liquidity pool and earn passive income. They can also add their own tokens and create token pairs and list their own crypto tokens for their projects. Each liquidity provider will be given Voyager LPs when they stake their tokens. They can redeem these tokens whenever they want by unstacking

DEX Aggregation — Voyager DEX is also a DEX aggregator that crawls across various DEXs on the BSC network and provides users with the best value for their trades. Even if sufficient liquidity is not found in the Voyager liquidity pools, the users can still swap their tokens

Farming — Sailor Farms further incentivizes users for providing liquidity to Columbus Token (CBS) pairs, as well as other token pairs. Users can stake their Pancakeswap LP tokens on the Sailor Farms and earn a high-APR yield.

Staking — The treasure chest is a staking pool where users can stake their crypto assets and moderate-APR yield. New crypto projects can also apply for Treasure Chest and host their own token in the pool.

NFT Marketplace — The Trotter’s Market is a completely community-driven NFT trading and auction marketplace where users can simply connect their crypto wallets and trade NFTs. Trotter’s Market lets you sell and auction your NFTs seamlessly.

Tokonomics

CBS is the native token of Columbus ecosystem works as the backbone of the platform built on the Binance Smart Chain.

• Token Name: Columbus Token
• Token Ticker: CBS
• Network: Binance Smart Chain
• Total Supply: 10,000,000,000,000 CBS

Utility of CBS Tokens

• Any subscriptions or payments on the Columbus Ecosystem’s platforms are made in CBS tokens.
• Half of the deposit fees on farms and pools are burned forever
• All rewards in the ecosystem will be in CBS tokens
• The team will conduct milestone-based token burns to help support the price of CBS tokens

Roadmap

Team

Conclusion

The financial onboarding process in third-world countries is a tricky business. Many people simply have no standard documents such as a birth certificate or ID to even start the process. And insurance is completely out of the question. Here’s where blockchain technology can and should step forward. The Columbus Token Project was designed to be an adventure in the world of cryptocurrency, a rewarding and interesting one especially for the third world under developed countries which are far away from financial freedom and make them a new medium of transaction for their financial needs by making them independent from centralized authorities.

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Username: pijayplow93
Profile : https://bitcointalk.org/index.php?action=profile;u=2750501
BSC Wallet Address: 0x476366b6839e2046bE2DCf258476633cAE21195e

Source: https://medium.com/@wisdayalbantani94/columbus-token-decentralized-financial-services-solutions-store-and-invest-your-cryptocurrency-3c7948323ba?source=rss——cryptocurrency-5