Looking back to the 1990s, we live in a very different time from when the internet was seen as a “passing mode.” It was during this time that many turned their backs on the technology due to its high access fees, as critics shared their skepticism about the technology’s limitations.
Many are quick to scoff at these predictions now, seeing how the internet has changed the way the world conducts business, interacts with each other, and generally improves the quality of life. However, they fail to see a similar parallel that can be drawn with the blockchain and cryptocurrency industry today. Right now, skeptics have said that this industry is overrated and therefore cannot imagine the opportunities this new technology could open up for ordinary people.
These technological changes are now expected, even predicted, because the natural response of humans is anxiety and fear. As history repeats itself once again, it becomes only a matter of time before blockchain takes over the world as its successor, the internet, and family members start asking for help with their non-fungible tokens (NFTs) instead of posting a message on Facebook. The only thing missing is clear utility and a carefully defined benefit to the masses.
Ekta is on a mission to connect blockchain technology to the physical world by building a future where cryptocurrency, DeFi and NFT prove their use to the world, the same way smartphones and the internet have become commonplace. For this reason, Ekta only engages in projects and partnerships that share their same vision of the future.
About 5% of the world understands the benefits brought by blockchain, among which are mainly those who hold cryptocurrencies. From this perspective, this leaves 95% of the world in a position that does not yet recognize the value of technology in their own lives, making this group the target of Ekta’s efforts.
Cross the chasm
The team behind Ekta recently launched their own blockchain mainnet to reach that 95%. As a result, the EktaChain has since become the basis for many projects with real-world utility, including MetaTrees.
MetaTrees is the first project from the Ekta team to establish a metaverse (also known as EktaVerse). The Ektaverse is designed to use NFT DeFi gaming, resulting in real-world reforestation and carbon crediting. With the launch of this project, Ekta hopes to prove that the metaverse concept can bring tangible benefits in the real world. Set to drop its NFTs at the start of Q2, this will be the first step into the metaverse for Ekta.
Alongside the MetaTrees project, Ekta’s Real Estate NFT is a platform that will effectively connect the real estate market to the world of digital assets. With the introduction of this platform, those without access to capital to invest in real estate can participate in this market alongside experienced investors with a barrier as low as $200.
Other notable projects include the Ekta NFT marketplace, which is suggested as the Amazon of the NFT projects and HYBEX, a hybrid exchange that merges the decentralized exchange (DEX) and centralized exchange (CEX) Functionality.
Ekta further expands its functionality with several additional partner projects. In collaboration with HAVE NFT, Ekta enables the minting of traditional military challenge coins, which connects veterans to support opportunities in a real-world use case, and gives holders privileged access to the Ekta ecosystem. Launching in early March, the first NFT to drop is the Marine Bulldog, with whitelisting open now.
Another example is DeeDee VC, a project that decentralizes the venture capital (VC) industry by giving small capital investors partial access to the growth potential presented by seed investments. On the gaming side, EntBlock Ekta Gaming Technology provides an NFT lottery system. Each ticket, which exists as an NFT, can be staked for passive income, providing earning opportunities even for those who don’t win the lottery.
With the successful launch of the EKTA token and EktaChain mainnet and various partnerships and projects slated to launch in late Q2 2022, Ekta is positioning itself to continue making noise in the blockchain world, especially with a current total value locked (TVL) over $125 million and still in development.
Already listed on SushiSwap (SUSHI) and Probit (PROBIT), the upcoming LBank listing of native token EKTA marks an important milestone for the up-and-coming blockchain mainnet.
In response to their progress to date, Berwin Tanco, the co-founder and CEO of Ekta Stocks,
“We are committed to our motto, to profit with purpose, and to making sure Ekta holders feel good about investing in good business while their investment is doing good in the world. that we will participate in the promotion of the blockchain, and all the services and tools that come from it, towards the usefulness and adoption of the mass market.
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