Over the past few weeks, Ekta has been making waves despite the looming presence of a bear market. What else can you expect from a company that offers up to 125% APR when you stake? Just in case you missed it, here is a summary of our current, highest-earning staking pools and the new incoming pools:
With the company’s consistent growth and high-performing token, many have started to ask, “What exactly is Ekta?”
In this article, we aim to give you a comprehensive overview of who and what the company is along with its long-term goals and ambitions.
What is Ekta’s origin story?
Ekta is headquartered in Bali, Indonesia. It’s here that the founding team first met and realized that they all share a common goal; to use blockchain technology as a means to disrupt the prevailing financial and governing systems, unlocking financial opportunities for everyday people, everywhere.
They all believed that today’s centralized institutions and systems of governance are beleaguered and inefficient. It was clear to the whole team that outdated economic policies have led to the mismanagement and depletion of natural resources while prolonging the cycle of unemployment, debt and poverty.
Together, the Ekta founders began to create a vision of a world where blockchain technology is used to give everyone a chance to live a better life. In order to do this, the team would have to use the power of blockchain to create a new and transparent ecosystem where people from different backgrounds and socio-economic circumstances could participate freely, without the barriers and inefficiencies introduced by centralized governing bodies.
With their vision and mission clearly mapped out, the name for this ambitious new project came easily — Ekta, a Sanskrit word meaning integrity and unity for all people.
How does Ekta aim to achieve these goals?
Ekta connects the real world with blockchain by bringing physical assets to the digital world. One factor that sets Ekta apart, is the fact that it’s more than just a coin; it’s a comprehensive blockchain ecosystem.
This ecosystem is designed to facilitate the tokenization of real-world assets such as real estate, making it available to more people across the globe. By developing and launching the Ekta Ecosystem’s infrastructure, Ekta is able to create a wide-range set of platforms and projects where users can buy, sell, and trade digital assets with real-world utility. This includes:
- Ekta Staking DApp (December 2021)
The Ekta Staking DApp is Ekta’s reward system for early adopters. Stakers provide liquidity and stability to the entire Ekta Ecosystem. The DApp offers a number of staking pools with different terms and APRs. Check staking.ekta.io for the most updated details.
- EktaChain mainnet (January 2022)
EktaChain is based on Hyperledger Besu with 16 nodes and can execute 400 transactions per second (TPS). The number of nodes and TPS will continue to increase as EktaChain develops. The mainnet also features EktaScan, Ekta’s blockchain explorer, that allows users to view all block transactions on EktaChain.
- EktaBridge (February 2022)
EktaBridge is the superhighway between EktaChain and other mainnets, allowing cross-chain interoperability. Users can bridge from the Ethereum Network and Binance Smart Chain (BSC) into EktaChain along with submitting requests for new networks to support through bridge.ekta.io. EktaBridge is the ideal tool for users and developers to move assets back and forth.
- Ekta Real Estate (open for whitelisting)
Ekta makes real-world assets such as properties more accessible to everyday people, digital nomads and entrepreneurs. By utilizing cutting-edge developments in blockchain technology such as fractional NFTs (F-NFTs), Ekta can tokenize physical properties into F-NFTs, reducing the barrier of entry and unlocking more financial opportunities for people across the globe.
- Ekta HYBEX exchange (coming soon)
Ekta’s hybrid exchange named HYBEX combines the best features from DEXs and CEXs. With HYBEX, users provide liquidity while the platform also implements transactional anonymity and non-custodial wallets associated with DEXs. Additionally, HYBEX facilitates credit card purchases while also implementing KYB for users starting liquidity pools and KYC for orders and swaps above a certain threshold. Other highlight features include Chainlink price feed integration, fast order book fulfillment, low transaction fees, and cross-chain compatibility.
- Ekta NFT Marketplace (coming soon)
The Ekta NFT Marketplace bridges the physical world to the blockchain through NFTs and F-NFTs. By prioritizing purpose over volume, Ekta is working with projects and teams in the real world that create direct utility and value for real-life people, communities, and to benefit the natural environment. Ekta can fulfill its mission of bridging the physical world through the power and utility of non-fungible tokens.
- MetaTrees (coming soon)
MetaTrees is a blockchain game world and the first sub-verse of the EktaVerse. MetaTrees aims to incentivise environmental protection through tokenization and gamification. By utilizing the play-to-earn model, users can earn digital assets while at the same time helping to protect the natural world.
This is only a small glimpse of the overall Ekta Ecosystem so expect to see more groundbreaking projects launching on the platform.
With Q2 around the corner, Ekta has made major strides towards laying the foundations of the promising future the founders first envisioned. With every new project launch, every update, and every partnership, Ekta is building towards a world where everyone has the opportunity to create a better life for themselves and achieve financial freedom.