A Review of Ekta

2 years ago

Ekta is 1 of the trending blockchain protocols that bridges the carnal and integer worlds. Named EktaChain, the mainnet leverages the powerfulness of blockchain successful its tokenization of real-world assets. Hence, EktaChain facilitates the practice of carnal assets and their real-world worth arsenic virtual analogs.

In its operation, Ekta aims to connection users a level to physique a profitable and robust portfolio of real-world assets, but on-chain, and for each budgets and types of investors. Its ngo to tokenize accepted businesses, earthy resources and real-world superior provides some brands and individuals the accidental to turn utilizing their assets.

Ekta NFT Marketplace

Following done connected its roadmap, Ekta volition soon beryllium launching its ain NFT marketplace. Non-fungible tokens are an emerging exertion that has exploded into a large manufacture successful abbreviated order. It’s present 1 of the main tools for marque marketing, advertisement, funding, and different purposes. However, NFTs lone person sustainable worth erstwhile backed by real-world usage cases and assets.

Launched successful August 2021, Ekta stands arsenic 1 of the astir focused decentralized protocols to align blockchain with the carnal world. It is preparing a unsocial and transparent self-developed NFT marketplace for NFT enthusiasts to research that worth asset-backed assets alternatively than lone integer creation arsenic NFTs.

In enactment with its vision, Ekta volition make a cross-chain NFT level for trading, staking, and exchanging carnal assets with integer assets representation. The Ekta NFT marketplace volition service arsenic a span wherever NFT developers and owners of the carnal assets interact with different brands and individuals done their virtual collections.

Ekta’s Vision for its NFT Marketplace

Ekta’s ngo is to span blockchain to the carnal satellite and spearhead mass-market adoption. The protocol aims to execute this extremity by creating platforms that present real-world inferior and payment to radical and communities that are not yet on-chain. In doing so, Ekta volition fulfill its imaginativeness of creating nett with intent done its NFT marketplace.

Here are immoderate of the carnal assets that could beryllium represented arsenic NFTs.

  • Real estate
  • Verified Carbon Units (VCU)
  • Equity successful startup companies

Generally, users volition beryllium enabled to tokenize antithetic assets connected Ekta, which scope from properties to utilities irrespective of the determination globally.

Moreover, Ekta supports task improvement that targets antithetic industries specified arsenic astute tech, cleanable tech, alternate medicines, water start-ups, aquaponics, and permaculture.

The wide functionality of the Ekta ecosystem includes immoderate features already launched similar its ain blockchain explorer (ektascan.io), its ain span (bridge.ekta.io); and soon-to-launch platforms similar the Ekta NFT marketplace, Ekta’s Hybrid Exchange (HYBEX), and Ekta Wallet. With each the disposable tools and functionality of Ekta’s blockchain mainnet, the protocol’s ecosystem empowers antithetic partners and projects the close level for improvement and profitability.

Is Ekta Safe?

Though EKTA tokens are non-mineable currencies, you cannot excavation immoderate caller tokens from different sources arsenic the mainnet already has pre-mined tokens. It entails that EKTA’s integer currency is not wholly decentralized which poses a information concern. Given that, Ekta saves loads of vigor owed to its pre-mined token. However, users caller to Ekta World should see taking each the information measures, for instance, two-step authentication.

Why Should You Choose Ekta?

The champion happening astir Ekta that appeals to caller users is the entree to real-world assets. For instance, you tin bargain onshore and existent property successful Indonesia done Ekta’s NFT Marketplace. In fact, the c footprint of Ekta is little than others due to the fact that it has pre-mined integer tokens.

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