Many blockchain-based projects are still in the pipeline because the necessary funds that would have facilitated their release are not available. Because of the decentralized architecture, it is hard for these promising startups to join the growing number of blockchain-powered platforms.
Hence, finance is needed to make dreams come true. A decentralized model is a right framework that would facilitate the move. That is why a group of blockchain enthusiasts that are concerned about the plight of intending blockchain startups has created a feasible lending platform called "ONIZ”.
The Concept behind ONIZ
This project is specifically aimed at improving the fortunes of decentralized projects by creating a viable lending platform.
ONIZ is an open-source platform that features two (2) core participants: lenders and borrowers. The investors (lenders) are out to provide funding for projects that have feasible use cases when actualized. On their part, the borrowers or benefactors of the funding are the project developers. They, in turn, use the funds to facilitate the last-mile development of their projects. They also have the empowerment to use some of the funds to fast track the development of other projects.
It is worth noting that the decentralized lending platform is patterned to work under the ONIZ Fund. All participants, including the investors and borrowers, need to have the native currency, the ONIZ Token (ONZ) to transact on the platform.
Crypto Integration in Real-World
Since the evolution of cryptocurrencies, it has been a battle of sorts for the integration into mainstream use cases. ONIZ is not interested in facilitating the funding of viable projects but also allows certain frameworks where the application of crypto coins and tokens would be implemented.
In light of that, it has a multiple chain system that allows the integration of digital assets in many online payment situations, including payments in online casinos, sports betting, and electric banking systems. Other areas of application are Money Game MLM and Online Games.
The ONIZ Token (ONZ)
The token is the primary medium of transaction in the platform. It is used for facilitating payments within the ecosystem and in other platforms that are in collaboration with ONIZ.
Most importantly, the ONIZ Token (ONZ) is used to make in-payments for games that are developed and released on the platform. It is also usable in e-commerce platforms that support it as a payment system. Above all, the token is used to purchase betting tips or odds, which would be used to make profits from the betting platform.
Gaming on ONIZ
Another aspect to the formulations of this project is the support for online-based games. It already has an independent Artificial Intelligence (AI) technology that is used to improve on the chances of players in winning their games.
For instance, players that purchased or have the ONIZ Token (ONZ) can use the same to buy betting tips, which gives 80% accuracy. The odds are also interesting, as players are assured of a winning rate of up to 85%.
ONIZ is already in partnership with SBOBET, a real-world online casino that allows the installation of the AI technology for improved winnings.
Final Thoughts
The multi-tiered features of the ONIZ platform that cuts across gaming and micro-finance are tailored for specific users. While project developers would get funds to complete their works, they are also allowed to list the same on the ecosystem where other users can interact with them, courtesy of the robust built-in technologies premised on the platform.
Check out the links below for better information and updates on this awesome project
🌐 Website
📖 Whitepaper
♨️ Bitcointalk ANN Thread
🎬YouTube
⚛️ Telegram group
📌Telegram channel
🥇 Download on Playstore
🥈 Download on Appstore
Writer's info
Bitcointalk username: deodivine1
Profile URL : https://bitcointalk.org/index.php?action=profile;u=1390292
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