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by Nate Urbas

Crypto Trader, Bitcoin Miner, Holder. 🚀🌑

review-photo

NanoMatic

nanomatic.io

(9 reviews)
(9 reviews)
Site Rank: 1246

If your website is on the scam list and you think that you are not a scammer, contact us. After you provide us with all the proof that you are in Crypto World with good intentions, we will delist you. Usually, you get in this category because you are hiding your team, you have a bad reputation(you are tricking, deceiving, scamming people), and you haven't got a written project whitepaper or is a shitty one....

Their Official site text: 


NanoMatic: A Deflationary Matic
Rewards Token for OptDex, The First
Decentralized Options Exchange
www.nanomatic.io
Abstract
NanoMatic is a deflationary Matic rewards token on the Binance Smart Chain, offering a
state-of-the-art rewards distribution mechanism that provides users with 10% Matic
rewards on both buys and sells. The token will serve as the form of currency of OptDex,
the first-ever decentralized options exchange. This whitepaper outlines the development
process for NanoMatic and OptDex, including proof of concept, smart contract
development, blockchain integration, dApp development, tokenization, DeFi integration,
governance, cross-chain interoperability, and adoption.
Introduction
NanoMatic is designed to serve as the form of currency for OptDex, allowing users to
buy and sell calls and puts (longs and shorts) of their favorite cryptocurrencies using
NanoMatic. The platform will feature an escrow service that holds the users' crypto who
sells the covered calls or puts on the open market. The options will expire worthless
unless exercised, resulting in the escrowed crypto being purchased at the strike price if
in the money. With its state-of-the-art rewards distribution mechanism, NanoMatic
offers users an attractive incentive to use OptDex, increasing adoption and contributing
to its success.
Development Process
The development process for NanoMatic and OptDex will consist of the following steps:
1. Proof of Concept: A basic prototype of the crypto will be developed to
demonstrate its functionality and test for security vulnerabilities and scalability.
2. Smart Contract Development: Once the proof of concept is completed, the smart
contract that underpins the crypto will be developed. This will include defining the
rules for transactions, validating ownership of the assets being traded, and
ensuring secure and transparent execution of the transactions.
3. Blockchain Integration: The smart contract will be integrated with the blockchain,
creating a secure and decentralized ledger that can record all transactions.
4. OptDex dApp: A user-friendly dApp interface will be developed that allows users
to easily transact their crypto options. APIs will also be developed that can be
used by third-party applications to interact with the OptDex trading platform.
5. Tokenization: A system for tokenization will be developed, allowing assets such
as real estate or art to be represented as tokens on the blockchain. This will allow
for fractional ownership and easier transfer of ownership.
6. DeFi Integration: The crypto will be integrated with DeFi applications such as
decentralized exchanges and lending platforms. This will allow for easy trading
of the crypto, as well as earning interest on holdings.
7. Governance: A system of governance for the crypto will be developed that allows
holders of the crypto to vote on key decisions, such as changes to the smart
contract or the addition of new features.
8. Cross-Chain Interoperability: Cross-chain interoperability will be explored to
allow for the transfer of assets between different blockchains.
9. Adoption: Marketing and partnerships will be pursued to increase adoption of the
crypto, making it more widely used and accepted as a form of payment or
investment.
10.Continued Development: The development team will continue to innovate and
improve the crypto, adding new features and capabilities as technology and user
needs evolve.
Conclusion
NanoMatic is a deflationary Matic rewards token that will serve as the currency for
OptDex, the first-ever decentralized options exchange. The development process for
NanoMatic and OptDex involves building a proof of concept, developing the smart
contract, integrating with the blockchain, developing a user-friendly dApp interface,
tokenization, DeFi integration, governance, cross-chain interoperability, and adoption.
The team is committed to continuing development and innovation