Cryptocurrency has been booming in the pandemic. This has caused the price floor of major coins to be more volatile than they have ever been which has had a huge impact on global finance. The pandemic robbed people of their jobs and some have received pay cuts and this has led people to look for ways to make passive money and crypto is the best option for that.
NFT’s in the crypto world can be compared to an auction in our real world. With each day getting more and more closer to digitalisation, these Non-Fungible Tokens (NFTs) also have turned from the narrow niche of pursuits into a straight-up global obsession.
Calypso Market is an upcoming NFT marketplace for the Binance smart chain. Calypso introduces one of a kind NFTs which can be purchased using $CYO
Introducing Supermoon
The Supermoon ecosystem has recognised the rise in crypto and has come with a huge project to bridge the gap between centralised and decentralised economies by providing essential financial tools. Apart from having a platform for finance, what is necessary for a relatively new age of digital coins is a community. Supermoon focuses on creating a community for social networking of crypto enthusiasts and experts. It has also brought in entertainment opportunities and formulas for wealth generation. Supermoon also supports charities and other causes, one of which is space exploration projects.
What is Calypso?
Calypso is described as support currency in the Supermoon Lunar-system. Calypso’s main purpose is to undertake all NFT related aspects of Supermoon, this includes being the central currency at the heart of the Claypso-Market NFT Marketplace, allowing users to mint NFT’s using Calypso. While doing this, Calypso also rewards it’s holders with passive BNB dividends and feeds back into Supermoon through automatic buys which help create a continuously rising price-floor for the Mother token.
Benefits of Calypso
Calypso is developed by an expert team that has been in the business for years. It is fully Doxxed and the team does not own any team tokens. Along with receiving static rewards in BNB, the Calypso token holders also receive through automatic buy-back policy which is built into the contract. Every single buy/purchase on the platform is taxed 12% and every single sale is taxed 15%. A portion of those taxes is distributed to all the members holding the token. Since the tax on selling is higher than the tax on buying, every time a sale happens, crypto holders get more benefits with BNB dividends. Every time a sell happens, the buyback process automatically buys back Calypso tokens. For every sell order, there will be a buy order.
Calypso Whitepaper:
https://supermoon.finance/wp-content/uploads/2021/08/Calypso-Whitepaper-V2.pdf
To know more about supermoon and calypso, visit: https://supermoon.finance/calypso
I have 10 years of experience in the field of cryptocurrency and have written for many different publications. I am currently the Head of Research at a major cryptocurrency exchange. In my free time, I enjoy writing books on this subject.
