💎 TopacioTrade - Astar Proposal Web3 Real Functionality

[ManyRyz]

Hello, dear Astar Network community, We are Topacio Trade, and we want to be part of your ecosystem. We are excited to introduce the Decentralized Initiative Topacio Trade, which will be part of your ecosystem, incentivizing the adoption and growth of Astar.

Unique Mechanics of the Project:

• NFTs acting as access keys to the platform of specialized trading bots focused on extremes.
• Genesis Event with daily draws: a decentralized contract that releases 1 NFT Gem fragment every 24 hours in a decentralized manner during the first 100 days.
• Native Staking Technology integrated into each NFT, generating a reward token for each holder. Birth of TMINE, which natively and decentralized possesses an aggressive Halving every 6 months, reducing its reward.
• Decentralized Auction Module.
• Decentralized Vault, allowing rewards to be extracted exclusively with Tmine.

In a world where innovation and decentralization are redefining the future, we are proud to present Topacio Trade, a disruptive project that takes functionality and decentralization to an unprecedented level. This project not only promises to transform the way we interact with blockchain technology but also offers a unique and exciting experience for all its participants.

Topacio Trade is based on the development and execution of decentralized bots, putting power and control entirely in the hands of the user. This innovative approach is materialized through precious stones implemented as unique NFTs, which are not mere images but keys to access revolutionary technology.

Initial Phase: The Magic of the Gems

In its initial phase, Topacio Trade implements a decentralized contract that releases one gem every 24 hours for the first 100 days. These gems are randomly distributed among the participants of that day, creating an exciting and fair dynamic. Participation is carried out through the native token of the ASTAR network, ensuring that all users have an equitable opportunity to obtain these valuable gems.

The Power of NFTs

The owners of the NFTs have full control over their assets. These NFTs uniquely and decentralizedly release a reward token called Tmine. This token possesses unique mechanics, including an immutable and aggressive halving every 6 months, reducing the reward. Tmine is necessary for the Crafting function, which allows for the optimization of common fragments. Over time, these fragments can evolve and become the prized Topacio Gem.

Various Rarities and Exclusivity

There are different levels of rarity among the NFTs, with the Epic standing out, of which only 100 unique examples will exist. This exclusivity adds incalculable value to each NFT, turning them into true digital treasures.

Quality and Real Functionality

Topacio Trade is passionately committed to the highest standards of quality, based on real functionality. Every aspect of the project has been meticulously designed to offer an unparalleled experience, combining technological innovation with a clear and ambitious vision.

We invite you to be part of this decentralized revolution. With Topacio Trade, you are not just participating in an innovative project, but also contributing to a future where technology and community come together to create something truly extraordinary.

Oficial Portal https://www.topacio.link
Doc https://docs.topacio.link
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[David899]

Excelente proyecto se ve muy prometedor

[Estefani]

It looks good, it’s totally cool, I love its functionality, it’s very reliable

[juanafcastillo]

Its a very atractuve project whith many possibilities of sucess.

[Akuna]

I like it, I’ll be waiting to see how the project evolves.

But I like it

[Matt]

This proposal introduces a very interesting concept with its focus on NFTs as access keys and the decentralized mechanics like the Genesis Event and TMINE rewards. The emphasis on innovation and user-centric design goes well with the goals of a decentralized ecosystem.

A couple of questions:

1. What specific measures are in place to ensure security and reliability for the decentralized bots and vaults?

2. How does the project envision ensuring long-term utility and value for TMINE, especially in relation to the intended halving mechanism?

[TopacioTrade]

R1: Currently, the Alpha phase is running and optimizations are being applied. The connection with the bots will be established through the NFT, featuring end-to-end encryption. The owner does not need to transfer funds to any third party; instead, through their Exchange, they generate an API key and API secret, which encrypts the connection. The owner can then configure their preferred personal logic, such as the size of each purchase and other preferences, via an interface. Currently, two deep logic systems are being optimized: one oriented towards extremes and the other towards volume. At no point can the bot withdraw funds; it can only execute buy and sell orders. The extreme operations are activated only during the strongest drops and rises selected by the owner, who can also pause or modify the logic values at any time without the bot having any authority to withdraw funds.

Note: Decentralized vaults also run under a public and open Smart Contract. The only way to extract any items is through the reward token Tmine. In summary, anyone wishing to extract an item from the vault must have Tmine, and the only way to obtain it is by being a holder of the NFTs within the Topacio ecosystem, as the NFTs are the ones that release these rewards.

R2: Utility has been a firm conviction since the project’s inception, focusing on functionality—a purpose and a reason. The goal is not to be just another project in the lot, something fleeting or trendy, but real technology where what you have in your wallet is not just decorative or speculative, but serves a purpose and has real functionality. It’s about asking, “Why do I want it? What does it do for me? Why do I need it?” It’s about something unique and scarce that functions with real utility in the real world, like trading, which the entire team is passionate about. It functions without intermediaries, without the need for constant effort, and without fatigue. Beyond that, it is decentralized in such a way that the immutable rules continue to function for everyone without intermediaries. Everyone is clear that there is a halving executed every 6 months in an unalterable manner, where the reward released over time decreases, making it increasingly difficult to obtain. You were born like Bitcoin, with a null supply, governed and generated by community adoption.

Thank you, @Matt, for the question. I hope I have answered your doubts. Best regards .

[ManyRyz]

Thanks for you comments

[pitcoin777]

Interesting concept. Thanks for the proposal.

How are you guys planning to attract users and develop a community?

We’ve seen a lot of NFTs projects on Astar (99,99% failed) and most of them only rely on buy cheap and speculate to sell expansive or rely on dApp staking to distribute rewards (none brings innovation and new community to Astar).

I would love to see a successful collection on Astar which brings new users and value to the chain. How do you think TOPACIOTRADE could achieve that?

thanks for your proposal.

[ManyRyz]

What you mention, @pitcoin777, is correct for many, exceeding 90%. That’s why we have the conviction and determination to be the exception to the rule. Many projects get lost in promises. We have been working for a long time on something disruptive that breaks paradigms, ensuring that what we have is unique and not offered by anyone else. Its “value” comes from what it contributes and its functionality, to the point where anyone who desires it will see it as a precious stone because of what it does and generates. They will want it for the need to have those unique functionalities.

Imagine someone who has nothing, 0 BTC, and wants to start accumulating at this stage. That person could have a tool that performs smart DCA without intermediaries, autonomously, and under their total control and domain. This tool can only be accessed through the Topacio Gems. The real performance or value will not depend on the price of the NFTs or the token, as it is governed by the community, but its value will come from the unique functionality it provides, operating without interruption’s 24/7. It won’t be limited to just the crypto world; in its roadmap, expansion into the forex market is planned. I invite you to check the roadmap added in the doc.

The system features fusion, optimization, and burning in the crafting module, optimizing and giving birth to the Gems, as scarce as one. We have been working for a long time, not just to offer promises, but to provide access to the materialization of a dream and to be part of a truly decentralized community. The 99% often lack real purpose, vision, or perseverance. Not all, but most possess a monkey, dog, or cat. Now, I would ask, what does that do for them? Or what will happen after the trend of a certain game passes? In the Topacio project, trading would have to go out of fashion.

Note: This is not to discriminate or judge anyone, but to open minds and have critical thinking. Blessings, my esteemed friend. I hope I have clarified your doubts.

[EDAKENT2024]

Excelente, tuve la oportunidad de verlo y tiene mucho que aportar a la comunidad este proyecto…

[nano81]

Excelente proyecto se ve muy interesaste voy a entrar

[josec7]

It is a great project that has a lot of potential, I have tried it and it is really useful, we must support it

[julio899]

Thank you very much @josec7 and @EDAKENT2024, it’s really a pleasure to see you here. Your comments are greatly appreciated.