Introducing Senary Ecosystem
Blockchain is the talk of the town nowadays with decentralized solutions to almost everything including finance as well as daily problems like storing and securing data with the provided technology. With the ongoing rise of enterprise blockchain, the concept of using blockchain technology for day-to-day use is becoming more common than ever.
To follow the trend, the team at SenaryBits, decided to enter into the Financial Technology industry by using the blockchain industry. However, to make that possible, SenaryBits is proudly introducing Senary — A next-generation blockchain protocol.
Our main focus with Senary is to provide every investor with the gains through various platforms, think of investing in an ecosystem rather than investing in a single project i.e., if you invest in Senary, you will be able to enjoy the perks of every product available in Senary Ecosystem via Tiered System. Hence, SenaryBits is proudly introducing their entry into Blockchain with Senary:
INTRODUCTION TO SENARY:
Senary is a DeFi cross-chain based BaaS ecosystem. Backed by a public tech company, we are introducing $SNRY as the governance token to the Senary Ecosystem. Our goal is to provide the blockchain community with products that can provide asset value and add beneficial repute to the different blockchains.
Starting with only one chain, we are aiming to spread the Senary Ecosystem to other blockchains by the end of 2021.
The $SNRY token is our foundational currency that allows investors to hold tokens and be part of the Senary Ecosystem and reaping rewards and perks throughout the whole Ecosystem. Introducing $SNRY Token will make our steps of reaching a status of leading Fin-Tech product closer to the completion.
IDEA BEHIND SENARY ECOSYSTEM:
The general idea behind Senary Ecosystem is to have more than one services for investors/users to use. There are three services already planned for the Ecosystem and the team behind Senary is not stopping here, more things are in the planning phase, once they are finalized, those products will be announced officially by Senary as we only announce what’s finalized.
Moreover, the team behind is Senary is developing the ecosystem in a way that it can be used for Financial Services (i.e., accepting $SNRY for E-Commerce as well as Payment services).
To enjoy the seamless experience of Senary Ecosystem, you need to be eligible for any of the Tier, specific perks will be given to each Tier. For Example, if you qualify for the highest tier (with more perks), you’ll be able to get the most perks out of every product launched in Senary Ecosystem.
SERVICES BY SENARY ECOSYSTEM:
All of the planned products and their timeline are mentioned in Senary Roadmap. However, we are starting with Next-Generation Launchpad, Token Locker, and NFT Marketplace. More products are planned for 2022 consisting of Wallet, and Exchange, etc., you can have a proper look by visiting Senary Roadmap.
Launchpad will be launched alongside SNRY and will be available to the public on day one.
Token Locker will also be launched alongside SNRY but it will not be available for public use, we are aiming to make it available for the public after 2 weeks of SNRY launch.
However, NFT Marketplace is what we are keeping for a later date as we want it to be a smooth and bug-free marketplace representing Senary Ecosystem, exact timeline will be provided once things are in motion.
Senary Ecosystem Products Plan:
Note: More will be added to the list once they are rightly branded.
SENARY ECOSYSTEM’S AIM
Apart from the Blockchain as a Service Ecosystem, the aim behind Senary is to provide real-life financial solutions to every problem faced by E-Commerce and Payment platforms. Senary will provide its payment services for platforms to integrate, payment gateways include the fully integrated blockchain options starting with Bitcoin, Ethereum, and Senary with more to add later.
Moreover, the ideal case is to have Senary’s own blockchain with much better and less latency later once the team has enough resources to make this happen without having any issues in the way.
TOKEN-ECONOMICS OF SENARY:
Investors & Advisors: 3%
Private Round: 2%
IDO: 26%
Ecosystem: 6%
Company: 10%
Initial and Additional Liquidity: 9%
Marketing: 9%
Development: 11%
Reserve: 4%
Staking Rewards: 20%
VESTING OF SENARY:
Investors & Advisors: 4% to be released on Token Generation, remaining: 16% every month.
Private Round: 30% to be released on Token Generation, remaining: 16.66% every fortnight.
IDO: 30% to be released on Token Generation, remaining: 16.66% every fortnight.
Ecosystem: will be locked for 6 months, 2% unlock every 2 months.
Company: Locked for 2 years, will be unlocked periodically 0.416% per month each for the next 24 months.
Initial and Additional Liquidity: Locked for 1 year.
Marketing: Locked for 8 months, will be unlocked periodically 0.9% per month each for the next 10 months.
Development: Locked, will be unlocked periodically 0.9167% per one month each for the next 12 months.
Reserve: Will be locked for a month and will be relocked if not in use.
PRICING OF SENARY:
Investors & Advisors Price: $0.02.
Private Round Price: $0.02.
IDO Price: $0.022.
Listing Price: $0.024.
Initial Market Cap: 60,000,000 SNRY.
Initial Supply: 17,760,000 SNRY.
Initial Market Cap: $426,240.
TEAM BEHIND SENARY:
As we all know and care about how the team matters in terms of research and development purposes, the Senary Ecosystem is not managed by a team but a company. SenaryBits, a tech company that is totally public (making the team also public), is backing this project. You can read more about the company and team here: SenaryBits
WHY YOU SHOULD CHOOSE SENARY:
- Backed by a public company.
- Senary is the governance token of Senary Ecosystem, which consists of solid projects lined up, solid projects lined up.
- A fixed percentage of the amount raised from the Ecosystem’s products will be used to buy SNRY.
- Senary holders will have their own perks by qualifying for the tiers i.e., if you are qualifying for any Senary Tier, you can use it anywhere in Senary Ecosystem.
- The liquidity and team tokens of the projects that will be launched by Senary will be locked.
- Holding the Senary token will help you gain early access to Ecosystem’s products.
LINKS WHERE YOU CAN FIND US
Website: https://senary.finance (website will be live once investor’s round ends)
Twitter: https://twitter.com/senaryfinance
Telegram: https://t.me/senaryfinance
Announcement Channel: https://t.me/senaryannouncements
