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cryptodemystifi

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    crypt03nthu

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  1. About Benchmark Protocol ▬▬▬▬▬▬▬▬▬ Benchmark Protocol is a Supply Elastic Collateral and Hedging Device, Driven by the Volatility Index. The protocol operates as a rules-based utility that dynamically adjusts supply based on the CBOE volatility index (VIX) and deviations from the target metric - equal to 1 Special Drawing Rights (SDR)unit. Employing the SDR creates a larger use case rather than exposure to just one currency; the application of this creates a larger user base and delineated exposure to markets around the world. The DeFi space needs a collateral utility that retains its efficacy and increases inherent, baseline liquidity during periods of high volatility. Benchmark Protocol is uncorrelated to crypto market price movements, making it an ideal hedge. Stability The MARK token is pegged to the world's most stable currency (the SDR). Supply rebalances are smart and fast, derived from the Volatility Index (VIX). Supply When S&P 500 Futures react to implied volatility, collateralized utilities undergo supply shock in parallel to the CBOE Volatility Index (VIX) Liquidity Spikes in the VIX increase token supply in the Benchmark Protocol. This correlation in activity reduces the impact of liquidity events. Global Impact ▬▬▬▬▬ The MARK Token augments supply based on the Special Drawing Rights (SDR). The SDR is a composite international reserve asset, comprised of the U.S. Dollar, Euro, Great British Pound, Chinese Yuan, and Japanese Yen. SDR Breakdown An Uncorrelated Asset ▬▬▬▬▬▬▬ Collateral needs Liquidity The Benchmark token (MARK) is a supply-elastic, collateral utility designed to inject liquidity during periods of high volatility in correlation with global equities markets. Liquidity needs Collateral When the MARK token reaches the yield phase, the network is capitalized and utilized to assume quasi-steady state conditions. The implied value of the MARK token is its yield-bearing value arising from its collateral utility.[/td] Non-Dilutive ▬▬▬▬▬▬▬▬▬ Your Network Share: Holders of MARK tokens always maintain their equity stake, or share of the Network, in the Benchmark Protocol no matter what conditions strike the markets. The Enterprise: Benchmark Protocol Network Exposure is always Non-Dilutive. Network Security ▬▬▬▬▬▬ Audited The Benchmark Protocol Smart Contract has been audited by "CertiK". Secured We incentivize researchers with bug bounties to audit our software. Tested Our software is routinely tested with the help of the developer community. Partners and Collaborators ▬▬▬▬▬▬▬▬▬
  2. ==================================================== We are more than just crypto and blockchain; more than financial vehicles and mechanisms; more than simply global lotteries, sports betting and virtual casinos; more than sustainable food production and distribution; more than real value given airline and services; more than restaurant purveyors and hoteliers; more than community and infrastructure development; more than petroleum and renewable energy producers; more than central monitored security services; more than logistics and warehousing operators; more than global people-centered banking operations; more than simply groups of individual companies - we are a community of people from everywhere collectively being patrons of businesses creating growth, develo- pment and an increase in wealth in marginalized and neglected communities world-wide. By impacting these communities we seek to triple global wealth from $80 trillion GDP to well beyond what we can even fathom. Purpose and Idea of the GenesisOne ICO The idea with this ICO is to gradually bring on millions of users globally and we’ve identified key centers we’re going to focus on in terms of major population centers. The lottery allows us to onboard more members globally than simply another crypto-currency. So we will aggressively develop that into our core business by penetrating areas without much internet service or Smartphone owners with our team of agents who go to local Western Union/ Moneygram agents to use them as affiliates who will have access to a master account from which local people can sign up for our Token and play the lottery, etc. Dedicated Crypto Gaming Platform GenesisOne is all set to establish a global gambling platform on a multitude of various sports games globally through an app interface, virtual casino offerings through an app to play the Slots, Baccarat, Poker, Roulette, Blackjack, and Craps. At the same time, through the app offering multiple angle views of players, we’ll be able to provide Poker Tournament play with competitors worldwide. GenOne Tokens are Insured for Verified Investors The person in effect fills out a KYC application allowing them to become Members and thereby able to receive member exclusives such as the burnable feature for their tokens, if they are lost or stolen allowing those lost GenesisOne Tokens once properly confirmed of their loss to be destroyed and useless towhomever took/finds them. We then reissue new tokens to that person by minting them a new set. The loss must be documented and through the blockchain ledger we can assess whether the person did indeed lose them and not just performed a transaction and trying to not pay another party or something. Global Acceptance Global Investment Club True Global Currency Quasi-Dividend Structure Global Mutual Banking Global Blockchained Bank Secured Social Approach Everyday Use Token will be like all traditional cryptocurrencies whereby it is open to market forces and the price will fluctuate. The Coin is a more managed crypto asset where the value will be actively maintained at $1 USD to facilitate a more global currency, cross border trade and the actual retail bank operations that will be developed a little later. The Coin enables you to spend freely for purchases without worrying about your expenditure later appreciating in value or as a seller it allows you to accept our coin knowing the value will not decline.
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