As the DeFi and NFT markets grow significantly in 2021, surrounding technologies such as those related to the ‘metaverse’ have started to attract more attention from the general audience. It is expected that decentralized technology will become the dominant technology of the future.
Decentralized technologies are gaining momentum and there is concern about security. Personal information may not be as secure from government agencies and other large organizations in the future.
TSURUGI Finance will be able to fulfill the current needs in this economic climate. TSURUGI Finance aims to create a new economic environment by giving individuals the opportunity to securely hold and use valuable information.
TSURUGI Financing was able to grant us an interview.
TSURUGI Finance’s own governance token, TRGX, will soon join TENSET’s Airdrop “Infinity” as a Gold Sponsor to increase the number of token holders along with an upcoming IEO on Kanga Exchange.
TSURUGI Finance will focus on three key businesses.
- DEX (Decentralized Exchange).
- NFT market
- Live streaming platform
Every one of these businesses has a different function.
- DEX (Decentralized Exchange).
TSURUGI Finance’s DEX “TSURUGI Exchange” is poised to be a UI/UX gamechanger in the DEX field through its limit price function, unit price display, and the ability to bridge between different blockchains.
TSURUGI Exchange will be built on TSURUGI Finance’s original blockchain, “TSURUGI Chain”. The following functions are characteristic of the blockchain:
- Security
- Scalability
- No hidden fees
- Transaction speed is high
TSURUGI exchange farming is different than conventional farming. Instead of just the governance token, users will get cryptocurrency pairs in addition to being rewarded for their efforts. By additionally rewarding a currency such as ETH, which already has an established market value, TSURUGI Finance’s farming service is expected to attract more users.
TSURUGI Exchange plans to launch a platform that will allow new tokens to be launched in the future. While conventional launching methods such as IDO are vulnerable to malicious projects, TSURUGI Exchange’s launching platform will be safeguarded with the help of a third-party institution. TSURUGI Finance’s Digital Asset Management Foundation is expected to review each project listed, just like IEOs. It will provide better investor protection.
NFTs can now enjoy unprecedented functions through the NFT marketplace. The NFT marketplace will tokenize assets to allow them to trade.
One of the differentiators of TSURUGI Finance’s NFTs is that they provide a form of income gain and capital gain, defined by the following:
Income gain: Buying real assets on TSURUGI Finance’s NFT marketplace is nothing like you imagine. The sellers are given the option to keep the ownership of their assets, while listing the ‘right to share the profit made by their asset’, much like a timeshare model.
Capital gains: Tokenization allows physical items to be traded in novel ways. The tokenized value of vintage objects such as classic cars or luxury watches increases over the years, which can be used to generate capital gains. Buyers have the option of amortizing these NFTs by trading the token at a designated time and place with the actual item.
The income-gain and capital gains models address the needs of sellers and buyers.
The live streaming platform will launch an application that implements a blockchain-based tipping system, developed in collaboration with the hologram image engineers of the famous Japanese virtual character “Hatsune Miku.”
TSURUGI Finance will allow users to stream live, whereas users on other NFT platforms have few options. Famous live host can be partnered with sellers on NFT marketplaces to help promote their products to an even wider audience.
On the other side, live hosts can make money through the session and promotion.
Future streaming platforms will include recording features that allow live hosts to create tokens and sell their video on the NFT Marketplace.
Live hosts may also be able to tokenize their own profit, so that buyers can keep a percentage of what they earn through live streamings. TSURUGI Finance offers many possibilities.
TSURUGI Finance’s strength is that it deploys three platforms simultaneously; the growth of any one of the platforms will accelerate the growth of the entire TSURUGI Finance economy.
Although decentralized technology has many benefits, there are still some weaknesses that must be fixed. Each individual has the power to manage their own assets in a decentralized system. However, this means that each asset holder must protect their secret keys and passwords, which are linked to their digital wallets.
The Digital Asset Management Foundation was established in order to help TSURUGI Finance with its operations.
Here are the main functions of the foundation:
- Asset management and preservation
- Assessment of the authenticity of an item
- Clients can list items
- Security services
TSURUGI Finance combines the advantages of decentralized technology with its limitations. A good example of this can be seen in the foundation’s original security service, “Password Bank”. Password Bank uses secret sharing methods and is completely new in security.
Traditional decentralized wallets have the disadvantage of making it impossible to access the assets in the event that the password is lost, or the owner dies. Password Bank allows password recovery by allowing two to three people to authenticate the owner. The decentralized wallet is also able to be used for other purposes, such as a password loss or theft.
TSURUGI Financing will use the Password Bank technology. It is also possible to deploy it in financial institutions around the globe, as well as in government agencies and major corporations.
As the public begins to use crypto-markets, it is expected that these technologies will be of great value.
TSURUGI Finance will create a metaverse in the future where actual people and assets merge with virtual occupations and characters. TSURUGI Finance will be one of the first to tap into the metaverse marketplace as large corporations slowly enter it.
TSURUGI Finance is an innovative financial company that will continue to expand through the development of services and new technologies.