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Encentive

Encentive

It is a decentralized platform to reward users of DEX or other crypto projects.

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All edits by  Daniil Karelin 

Edits on 8 Jun, 2022
Daniil Karelin profile picture
Daniil Karelin
edited on 8 Jun, 2022
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Description (+79/-150 characters)
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Encentive

Encentive is the world’s first Fiat-DeFi integrated Web3 OS. We enable turn-key deployment of Web3 applications including DeFi, NFT, GameFi, and more.

It is a decentralized platform to reward users of DEX or other crypto projects.

Article

The project has many incentive tools that will allow communities, projects and users to gain quick access to operational activities, encouraging them to provide liquidity to selected projects.

At the same time, due to its decentralization, the Encentive project guarantees security, ease of converting and storing information.

Problems of blockchain project development

Most blockchain projects face two main challenges: the difficulty of creating an initial community and the difficulty of finding and motivating contributors. Each project has to learn from scratch how to properly create and motivate participants without financially destroying the project itself. At this stage, any serious mistake can completely bury the entire project. To avoid this, the Encentive project offers to solve problems with a whole set of tools:

  • The Web3.0 Tool. It includes Encentive UI and Encentive SDK. The first provides users with a graphical interface for operational activities in managing the DAO. Second, it allows developers to directly interact with contracts and integrate operating modules into decentralized applications.
  • The Operations Component Template. It is a set of ready-made templates for rewarding users for staking, providing a liquidity pool, voting, etc. Users can choose any template they like and customize it for their project.
  • The Web3.0 Resource Marketplace. A platform for the exchange of information, services and codes between various crypto projects.
  • The Underlying Support. Basic support will include Encentive and Encentive Node core contracts. To do this, the Encentive project itself was built on the basis of the Ethereum and Layer2 blockchain.

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