Trending now

Greenstar ATM Empowers Cannabis Dispensaries with New…

Civil Service Success Opens Enrollment for 2025…

Angry Pepe Fork Unveils Deflationary Roadmap as…

Tradeview Secures Prestigious SCA Category 5 License,…

Brunch, Batteries, and Bold Moves: How Local…

Bestway Lawn Care Expands Seasonal Lawn and…

HZAD Education Revolutionizing CELPIP Preparation with an…

TopTrendBox Launches New Shopping Experience with Curated…

TopTrendBox Reports 300% Growth in Online Sales…

NodeOps Network $NODE Token Generation Event Sells…

Mrjung.net

  • Ethereum
    • Ethereum

      The Anatomy of Anonymity: How Dandelion Could Make…

      September 13, 2018

      Ethereum

      A Newly Launched Stablecoin You’ve Never Heard of…

      September 13, 2018

      Ethereum

      Bitstamp: An Overview of the Industry’s Oldest Active…

      September 13, 2018

      Ethereum

      Bitcoin Price Analysis: Strong Rally Tests Trend-Changing Behavior

      September 13, 2018

      Ethereum

      Bitcoin as a Privacycoin: This Tech is Making…

      September 13, 2018

  • Bitcoin
    • Bitcoin

      Abra CEO Believes Bitcoin ETF Eminent, SEC Just…

      September 13, 2018

      Bitcoin

      Mt. Gox Opens Rehabilitation Filing System to Corporate…

      September 13, 2018

      Bitcoin

      World Economic Forum and the Chinese Cryptocurrency Space

      September 13, 2018

      Bitcoin

      Federal Judge Applies Long Established Securities Law to…

      September 13, 2018

      Bitcoin

      Biking Across America, Crypto Cyclists Look to Raise…

      September 13, 2018

  • Markets
    • Markets

      OKEx Founder Released After Questioning in Connection With…

      September 13, 2018

      Markets

      Two-for-One: SEC Slaps Crypto Hedge Fund, Broker With…

      September 13, 2018

      Markets

      Ripple and R3 Reach Settlement in Year-Long Court…

      September 13, 2018

      Markets

      DevCon 4 Will Set the Stage for Ethereum’s…

      September 13, 2018

      Markets

      Stellar-Based Lightyear Acquires Chain, Forms New Entity

      September 13, 2018

  • Guides
    • Guides

      Bitcoin Magazine’s Week in Review: Lightning, Launches and…

      September 13, 2018

      Guides

      Equity Trust Builds New Frontier of Crypto-Based Retirement…

      September 13, 2018

      Guides

      Crypto, Blockchain Companies Shine in LinkedIn’s Top 50…

      September 13, 2018

      Guides

      Distributed Dialogues: Governance and Decentralized Platforms

      September 13, 2018

      Guides

      Battle of the Privacycoins: Why Dash Is Not…

      September 13, 2018

  • Analytic
    • Analytic

      Bitcoin crash: This man lost his savings when…

      September 13, 2018

      Analytic

      Bitcoin crash: This man lost his savings when…

      September 13, 2018

      Analytic

      Lightning Ramp and Casa Join Hands to Develop…

      September 13, 2018

      Analytic

      You Can Now Pay With Bitcoin Via Lightning…

      September 13, 2018

      Analytic

      Abra Supports SEPA Bank Transfers, Enabling Crypto Purchases…

      September 13, 2018

  • Exchange
    • Exchange

      IBM Introduces ‘World Wire’ Payment System on Stellar…

      September 13, 2018

      Exchange

      Lightning Is Made at the #LightningHackday Series in…

      September 13, 2018

      Exchange

      Pellentesque mattis ex eget malesuada consequat. Sed blandit…

      September 13, 2018

      Exchange

      Goldman Sachs Puts Plans for a Crypto Trading…

      September 13, 2018

      Exchange

      Pellentesque mattis ex eget malesuada consequat. Sed blandit…

      September 13, 2018

  • Contact
Mrjung.net
News

GDCC Coin Unveils Deflationary Model for Crypto Enthusiasts

by Binary News NetworkJanuary 2, 20230311

Honiton, United Kingdom, Jan 02, 2022, ZEXPRWIRE, Global Digital Cluster Coin (GDCC) unveiled a new deflationary model for cryptocurrency enthusiasts. The project merges a well-designed tokenomics system with a wide ecosystem of applications and services.

This experienced team aims to provide users with the ultimate tool to securely store, transact and manage digital assets. The deflationary aims to increase the value of GDCC over time, allowing investors to benefit from an ever-increasing token price.

Promoting an Ambitious Deflationary Model

The team perfectly describes its deflationary system on the project’s website. Namely, the team engraved a burning mechanism on its tokens to progressively reduce their number, creating higher demand and scarcity.

Thus, it works as a deflationary model and will drive up the prices of GDCC coins. The burning process is part of the transaction fee system, which applies when a user transfers tokens.

The project’s smart contract will take care of burning half of the gas fee of every transaction. Consequently, GDCC coins gradually reduce in number, building a sort of “price floor” and providing incentives for long-term investors.

Many projects, such as Binance and Huobi, have adopted a burning mechanism for their respective tokens. The GDCC team made its burning process more aggressive than these two. The strategy represents a great way to keep the price stable and ensure future returns for its investors.

The Wide Ecosystem of the Project

GDCC lists multiple elements that are part of the wider ecosystem. Specifically, investors in this project can expect the following:

1.    A secure and reliable blockchain network that provides a platform for hosting various decentralized applications (dApps) and services.

2.    Smart contracts that enable users to execute transactions and store data securely on the blockchain.

3.    A Decentralized Exchange (DEX) that enables users to trade digital assets in a trustless environment.

4.    An Auto-Market Maker (AMM) that facilitates continuous liquidity for digital assets.

5.    A Staking platform to participate in consensus and receive rewards for their contributions.

6.    Yield Farming opportunities that allow users to generate additional income by providing liquidity on the network.

7.    A Metaverse dimension, giving people a chance to build and explore their digital realms.

8.    A Non-Fungible Token (NFT) Marketplace, allowing users to buy and sell unique digital assets with real-world value.

These components offer investors a wide range of opportunities to benefit from the project while creating a secure environment. With this project, users can explore a whole new DeFi world and capitalize on the returns provided by this industry.

On top of this structure, the team has listed multiple features that will characterize this project. Specifically, here are the highlights of the GDCC platform:

1.    Robustness: The platform is highly secure and robust, thanks to smart contracts.

2.    High Compatibility: The network is compatible with Ethereum Virtual Machine (EVM), so programmers can easily deploy their dApps on the blockchain.

3.    Cross-Chain Functionality: The team guarantees a smooth connection across different blockchain networks and unites them under one roof.

4.    Lower Transaction Fee: GDCC charges a minimum gas fee for all network transactions to address the scalability issue.

5.    High-Speed Transactions: The platform enables fast transactions and ensures that users can quickly transfer digital assets across different networks.

6.    Featherweight Architecture: The project boasts a simple architecture that minimizes resources while maximizing performance.

About GDCC

The Global Digital Cluster Coin (GDCC) is a decentralized digital asset exchange and payment system that utilizes blockchain technology. It will introduce the GDCC-20 token standard, a smart contract-based system used to create and issue digital assets.

This will enable users to easily and securely trade digital assets such as cryptocurrencies, tokens, stocks, and other financial instruments.

With its upcoming listing on Koinbazar, the project will gain more visibility and attract more investors worldwide. This could increase its user base and create more opportunities to take advantage of the returns provided by this platform.

GDCC has already integrated the Hopium DEX, the Muzella NFT marketplace, and the Global Digital City metaverse into its ecosystem. Furthermore, the team  released a stablecoin, GUSD, pegged with the digital Dollar at a 1:1 ratio, and a blockchain explorer.

Anyone curious about GDCC should refer to the official website and social media channels.

Instagram | Twitter | Reddit | Telegram | Medium

Media Contact:
Name  : Luke Hogos

Email – [email protected]

The Post GDCC Coin Unveils Deflationary Model for Crypto Enthusiasts appeared first on ZEX PR WIRE



Information contained on this page is provided by an independent third-party content provider. Binary News Network and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]

Share0
previous post
DCOMY on providing an all-in-one on-chain indexer
next post
Smart Link Solution Group and GVS Global Group cooperate to develop Web3 projects
Binary News Network

Related posts

Naqdi Takes Over Dubai Metro With Major Sponsorship of World Trade Centre Station

Binary News NetworkOctober 21, 2024

The415Fortune turning his rough past into a successful future through music

Binary News NetworkSeptember 1, 2021

International TEFL and TESOL Ltd Has the Best TEFL Online Program on Offer Online

Binary News NetworkAugust 24, 2022

Recent Posts

  • Greenstar ATM Empowers Cannabis Dispensaries with New Point of Banking (POB) Integration for Enhanced Customer Payments
  • Civil Service Success Opens Enrollment for 2025 NYS Court Officer Exam Prep with Hybrid Learning Options
  • Angry Pepe Fork Unveils Deflationary Roadmap as PI Network Crosses 60M Users
  • Tradeview Secures Prestigious SCA Category 5 License, Unlocking New Growth Opportunities in the UAE
  • Brunch, Batteries, and Bold Moves: How Local Leaders Are Charging Up Tucson’s Inner City

Popular posts

Bitget Announces ‘India Learns Crypto’ Roadshow To Increase...

Binary News NetworkMay 22, 2023
May 22, 2023

The Young Musician Music Institute Offers Different Music...

Binary News NetworkDecember 16, 2022
December 16, 2022

Pixbim Becomes The Most Trusted Platform for Removing...

Binary News NetworkNovember 12, 2022
November 12, 2022

Spadoom Strikes Gold: A New Era of Innovation...

Binary News NetworkAugust 22, 2023
August 22, 2023

NFT News – Now You Can Explore And...

Binary News NetworkApril 8, 2022
April 8, 2022

Make Dreams Come True – Cherlot Lingerie Interview...

Binary News NetworkJanuary 31, 2022
January 31, 2022
@2022 - mrjung.net. Manage by Binary News Network
Mrjung.net
FacebookTwitterInstagramGoogleYoutube
  • Ethereum
  • Bitcoin
  • Markets
  • Guides
  • Analytic
  • Exchange
  • Contact