Dataprenuers, look out! A new metagraph, Intrana, has launched on Constellation network’s IntegrationNet! Keep reading for all the juicy details.
Intrana
Intrana is a platform for secure trading of real-world assets, creative media and financial products on various blockchains. The platform offers benefits such as unlocking liquidity for illiquid assets, supporting multiple blockchains, and also empowering creatives to tokenize and monetize their work.
Phase one, Initium, will be all about getting the Intrana platform off the ground. This includes building and launching the platform on the Constellation network, rigorously testing and auditing it for security, and securing partnerships with governments and enterprises. Additionally, the team will be concluding their fundraising (ICO) and rolling out the $INT token, while establishing the platform on both centralized and decentralized exchanges. To generate buzz, they’ll even be launching their own podcast, the “Chupacabra Canyon Podcast”.
Constellation’s Metagraphs
Looking beyond Constellation and Intrana, let’s explore Constellation’s innovative metagraphs. Metagraphs offer a significant improvement over traditional smart contracts by using real data and dedicated networks to track and reward participation. This allows businesses to achieve greater transparency and establish creative revenue models directly tied to their core activities.
With Metagraphs, businesses can evolve beyond simple smart contracts to unlock two key benefits: enhanced transparency, which fosters trust and potentially boosts perceived value, and novel revenue models. Notably, by utilizing cryptocurrency and token economics within the metagraph framework, businesses can create innovative revenue streams directly linked to their core operations.
Furthermore, Constellation’s Lattice Gateway connects projects built on the underlying technology, offering them tools and resources at various development stages to gain wider adoption and resources. This includes helping early-stage projects secure funding and exchange listings, boosting liquidity within decentralized exchanges, and allowing you to earn rewards. The platform is also exploring additional functionalities like swapping and building a bridge to another blockchain. Ultimately, it plays a crucial role by facilitating community building, liquidity, and connection within the ecosystem.
The INT token
Intrana Corporation introduces a novel utility token, INT, designed to fuel a secure and efficient asset exchange platform. Intrana envisions a future where digital asset exchange, for both consumers and enterprises, is decentralized, secure, and streamlined. The native INT token plays a pivotal role in facilitating seamless transactions while fostering a thriving community.
The Power of INT
Built on the Constellation network, INT boasts a total supply of 23 million tokens. Here’s a breakdown of its allocation:
- Team & Development (25%): 10% reserved for the Intrana team and 15% allocated for community development.
- Public Sale (75%): Offered at $1 USD per token for a 6-month period (November 23, 2023 – May 23, 2024). Purchased tokens are distributed weekly to designated Constellation wallet addresses. Additionally, any unsold tokens will be burned, reducing the overall supply.
Secure Asset Transfer Protocol (SATP): The Backbone of Security
SATP is the cornerstone of secure asset transfers within the Intrana ecosystem. This unidirectional transfer protocol bridges two networks, ensuring the safe movement of digital assets. Here’s what makes SATP unique:
- Opaque Networks: Both the origin and destination networks remain hidden from unauthorized entities.
- Burn-and-Mint Paradigm: Assets are permanently removed (burned) from the origin network and recreated (minted) at the destination network.
- Trusted Gateways: Secure and accurate asset transfers are facilitated by trusted entities called gateways.
SATP guarantees consistent asset states across networks, upholding integrity during transfers.
INT: Fueling SATP Bridges
Intrana leverages SATP bridges powered by INT tokens. These bridges offer:
- Interoperability: Effortless and secure asset movement across various blockchains.
- Consistency: Maintains consistent asset states throughout the transfer process.
Notably, INT tokens act as the transactional currency for SATP bridges. You can spend INT tokens to initiate asset transfers, covering any associated fees and also ensuring a smooth and secure experience.
Revolutionizing Asset Transfers
The combination of INT tokens and SATP bridges paves the way for a revolutionary approach to asset transfers within the Intrana ecosystem. As a layer-zero asset on the Constellation network, INT, empowered by SATP, stands at the forefront of secure, consistent, and efficient multi-network asset transfers.
Looking forward
The Intrana project is fueled by a collaborative effort. The Quant Network Senior Leadership Team brings their expertise as the platform architects, while the internal Intrana team tackles development. Additionally, Constellation Network provides crucial collaboration as the network collaborators, with Intrana now on Constellation’s IntegrationNet framework.
Stay tuned to our Twitter page and website for more information as it unfolds!
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