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Author Topic: Crypto Mafia $CMF - The pioneering BSC NFT themed project  (Read 44 times)
CryptoMafiaNFT (OP)
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December 17, 2021, 03:43:40 PM
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Crypto Mafia is a deflationary (BEP-20) token that rewards holders through $ETH distribution. $CMF tokens will be used as the primary asset to trade and exchange NFTs on their upcoming marketplace, in which they will release quarterly capsule NFT collections based on the theme of the project. Crypto Mafia uses the Binance Smart Chain network for the transaction layer (sending and receiving CMF tokens, as well as interacting with the CMF smart contract), whilst the consensus code and staking mechanism is contained in the CMF smart contract.

Crypto Mafia utilises a unique function in accordance with our rebase structure. Holders of Crypto Mafia can expect instances of upwards (growth) volatility whenever our rebase functionality goes into effect. Rebase is essentially a decrease in the total supply of a token across including all holders and LP's. This is done in order to adjust the token price, without affecting the value of anyone's share of coins. This increase or decrease in supply works with a mechanism that adjusts the supply algorithmically. The smart contract installed in Crypto Mafia means that although strongly associated, the token and the NFT aspect of the project can remain sustainable and successful as two completely separate entities.

Crypto Mafia will be released on the basis of Binance Smart Chain platform and fully comply with ERC20 standard.

This will be a special Token that will offer great NFT's with ETH Rewards 2% and Rebase functionality. Additionally, a NFT Marketplace will be released later down the road.

The smart contract installed in Crypto Mafia means that although strongly associated, the token and the NFT aspect of the project can remain sustainable and successful as two completely separate entities. The token also possesses ‘Anti-Whale’ tokenomics, meaning that positive limitations are placed on the amount of $CMF one individual can hold, this helps sustain a fair ecosystem, and invites growth for the project.

The Crypto Mafia wallet version is supported on both Android and iOS. The wallet is highly focused on enabling users to manage their tokens and interact with the ecosystem. The private keys for the wallet are stored on the user’s device and are secured through Secure Enclave and biometric authentication technology. Users can complete all the normal functions that a wallet provides. They can monitor their balance as well as send and receive tokens. Users can also exchange on through the wallet and use and swap their tokens. The wallet enables users to access decentralised changes so that the holder can easily convert between their tokens. The wallet is fast, secure and will have a lower transaction fee than its substitutes.
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