Empire Token: Creating a Super Token

The project aims to set itself apart from others by focusing on multiple token attributes with real-world use-cases.

By
Wilfred Victor
on
June 10, 2021
Category:
Sponsored

Introducing Empire Token

The Empire Token will bring users an innovative coin that offers multiple use-cases, stretching from DeFi applications like NFTs to real-world operations that flex the token’s capabilities.

Empire Token 


The project theme “Keep Climbing” captures its intentions to serve as an ever-progressing project created to push the boundaries of DeFi. It will also implement innovative industry-accepted practices like the static RFI and automatic LP that ensure that liquidity is available at all times and real-life utilities that are coming soon.


Project Components

The Empire token is laced with real-life use cases and real DeFi applications for users and holders alike. The project’s various components will be harnessed to give users what’s missing with other DeFi projects - a way to bridge crypto into traditional transactions.


Non-Fungible Tokens (NFT):

Empire NFTs come with unique attributes and an extra layer of utility that allows users to license their media for commercial use.

Empire Token NFTs | Source

Users will also be able to trade and stake NFTs on the platform, but it is the licensing feature that makes Empire unique. Instead of only making a one-time profit on a single, artists can earn steady income by leasing their assets for use. NFTs have hardly been tapped into 


RFI and Deflationary Mechanisms

Empire Token is embedded with both RFI and deflationary mechanisms. This means users and holders can acquire frictionless rewards simply via interacting with the token.

Why Empire Coin | Source


Deflationary means the total supply steadily gets depleted, resulting in continuous reducing total and circulating supply and increasing value due to scarcity of the token. Many projects offer seemingly incredible rewards, but have little to no deflationary measures in place. By providing a concrete path to reducing the overall supply over time, Empire is circumventing their token seeing an abrupt crash in value due to an oversaturated market.


Automatic Liquidity Provision (LP)

A certain percentage of all Empire tokens will be used to automatically add liquidity to their pool on PancakeSwap. This could mean a continuous availability of liquidity and a steady increase in the token price over time, especially considering the success of PancakeSwap in the BSC ecosystem.


Real Applications 

Instead of completely focusing their attention on intricate DeFi use-cases, Empire has broadened their horizon to include real-world applications for users outside of the DeFi community. By using Empire’s search engine, users can purchase tickets and book accommodations. The token will have a variety of real-life use-cases that will implemented over time, making the project a bridge for the community.


Project Updates

The start of DXSALES presale was completed June 7th, with the full hard cap of 800 BNB selling out within 13 minutes. 80% of the presale funds are now locked with PancakeSwap, with that sale beginning on June 11th.

EMPIRE Token launch on PancakeSwap holding soon!



Tokenomics


The total token supply is 1 billion EMPIRE, which has both deflationary and reflectionary properties. 

EMPIRE Token Allocation


The top address holding tokens represents Locked EMPIRE.

Locking Transactions



Token Distribution 

EMPIRE Token Distribution | Source

The token distribution is as follows:

  • Private Sale - 6%
  • Presale - 32%
  • Liquidity - 21%
  • Marketing - 7%
  • Staking and Rewards - 10%
  • Partnership and Listings - 5%
  • Manual Burns - 12%
  • Team - 7%


Roadmap

Roadmap | Source



Plans For Month of June

  • Private Sale
  • Website 1.0
  • Social Media Accounts
  • DXSALE Tour
  • Smart Contract Audit
  • Empire Token on BSC (Done)
  • Empire Token on PancakeSwap
  • Whitepaper
  • Empire on Blockfolio, Coingecko, Coinmarketcap
  • Live Videos with Founders
  • First Partnership Announcement 
  • NFT Marketplace Teaser

Plans for July

  • Website 2.0
  • Launch NFT Smart platform (NFT Marketplace & NFT Licensing)
  • NFT Marketplace Audit
  • NFT Staking Pool 
  • Development of the First Version of the Empire Payment Service

The plans are not exhaustive, meaning more integration and products are underway. The current roadmap concentrates on two core areas; the NFT and the Empire Token. Empire aims to revolutionize NFT and how we interact with the tokens, giving added utilities. NFT will find new exploration with the communities and DeFi users.


In Conclusion 

Merging the real-world value-generating revenue system with crypto will bring more adoption in the cryptocurrency and bitcoin world. Empire Token will provide an all-in-one means whereby users holding the token benefit from all of the utilities and services never seen in the crypto industry.

To learn more about Empire Token; explore the following helpful links;
Website | Twitter | Telegram | Discord

Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.

This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The team at Empire Token has purchased an advertisement package, which includes this article. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

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Wilfred Victor

Ace finds himself as a blockchain enthusiast who is focused on growing with the entire crypto sector. He is an energetic and passionate writer who believes that all things are achievable.

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