The seed round of token sale of the new PRIVI Protocol project starts and Orbital Community members have an exclusive opportunity to take part in this round.
The total amount raised in this round is only 87 ETH.
In this regard, I want to go through the points again and explain why I think this project is an excellent opportunity for investment and the potential for getting «Xs»
Firstly, the project is really very complex and technologically advanced, while it solves serious problems in the most hype areas at the moment — DeFi, SWAPS and NFT.
Among the unique features of the project, the following should be highlighted — PRIVI offers a unique solution to the impermanent loss (IL) problem, which is typical of all existing decentralized exchanges with automatic market making (AMM), including Uniswap, Sushiswap, Mooniswap, etc. This problem can lead to serious losses among liquidity providers with strong changes in the value of an asset that is provided for liquidity. This unique feature can allow PRIVI to pull liquidity from other dexes, as liquidity providers will be able to earn significantly more on PRIVI.
Secondly, PRIVI offers users the ability to provide and take loans in cryptocurrency according to schemes that work in the traditional financial system. Namely — unsecured loans based on a scoring system for assessing risks and creating an insurance fund. Unlike other DeFi services where for example, in order to borrow $ 1000 in cryptocurrency, you need to provide a collateral equivalent to $ 1500 or more.
PRIVI plans to provide users with the ability to exchange fiat for cryptocurrencies, as well as cross-chain cryptocurrency swaps.
Another PRIVI product resulting from the introduction of a scoring system for risk assessment for the provision of loans is a decentralized personal data management system with the ability to sell data anonymously.
The next very promising direction, which is also implemented by PRIVI, is the issue, exchange and sale of NFT tokens. This is still a fairly fresh direction and completely new business models can be found there. Many experts predict that the next big wave of hype in crypto will be in the NFT area.
In general, PRIVI, being a protocol, provides any third parties with the opportunity to tokenize absolutely any assets — it can be real estate, diamonds, intellectual property, corporate rights, art objects, company shares, etc. Tokenized assets can then be traded on PRIVI.
Now I want to say a few words about tokenomics, as this is especially important for investors.
The price of tokens on the seed round is 4 times lower than the listing price. At the same time, in order to exclude the scenario of a token price dump, time locks were introduced, and a small percentage of tokens were put up for sale, and the bulk of tokens will be sold on a public sale at a significantly higher price. For locks and token prices for different rounds of token sale, see the attached files in previous posts.
Also among the additional strengths of the project are partnerships with such well-known projects as Matic and Opensea. Official announcements from them are expected next week. Partnership negotiations with Enjin and Chainlink are underway. Negotiations underway with Gate.io, Coinlist.co and Binance.com too.
To participate in the seed round, you need to send 100,000 ORBT tokens to the address 0xF5C175cD80455b536520F306A27df13c0E1D143F
All tokens will be returned along with PRIVI tokens after listing on the exchange, approximately in the second half of December.
Then you need to go to the page https://priviprotocol.io/private-sale and send USDT (erc20) or ETH to the address indicated on the page.
ATTENTION! DO NOT send your crypto from exchange accounts, send only from personal wallets!
After that, you need to fill in the form at the link https://forms.gle/5XAbzR2CPH93HGP58
On Monday at 8PM GMT an AMA session will be held in the Moonshot Hunters telegram group https://t.me/moonhunters
