Enterapp (WEB3 Neobank DeFi Mobile application)

jaga.lilin999
3 min readMay 22, 2024

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Decentralized Finance (DeFi) is a financial ecosystem built on blockchain technology that aims to recreate and improve traditional financial systems and services. Unlike traditional finance, which relies on centralized institutions like banks and exchanges, DeFi operates on a decentralized network of protocols and applications. Here are some key aspects of DeFi:

Blockchain Technology

Smart Contracts

Financial Services

Tokenization

Decentralized Exchanges (DEXs)

Yield Farming and Liquidity Mining

Interoperability

Governance

DeFi is rapidly evolving, with new projects and innovations continuously emerging. However, it also presents risks such as smart contract vulnerabilities, regulatory uncertainty, and market volatility. Despite these challenges, DeFi holds the potential to revolutionize the financial industry by making it more open, transparent, and accessible.

Web3, or Web 3.0, represents the next evolution of the internet, aiming to decentralize the web by utilizing blockchain technology and decentralized protocols. Unlike the current web (Web 2.0), which is dominated by centralized platforms and services, Web3 envisions a more open, user-controlled, and trustless internet. Here are some key aspects of Web3:

Decentralization

Blockchain Technology

Smart Contracts

Cryptographic Security

Ownership and Control

Tokenization

Interoperability

Incentive Structures

Decentralized Governance

Enhanced Privacy

Web3 is still in its early stages, with ongoing development and experimentation. It promises to create a more open and user-centric internet, but also faces challenges such as scalability, user experience, and regulatory issues. Nonetheless, Web3 represents a significant shift towards a more decentralized and equitable digital world.

Problem

Payments using crypto are not widely made due to regulations, as well as complicated usage. Payers who should be able to make it easier for users actually pose concerns for users in making transactions and also many have a weak level of security. The development of the blockchain and digital world has not done much payment system for the entire economy.

Enterapp solution

Enterapp (WEB3 Neobank DeFi Mobile application) is a development of a payment application with a blockchain system, where later this application can make payment transactions for the entire decentralized economy. In short, this application can buy, send, store, and exchange crypto assets and NFTs easily/simply and has a high level of security. In just one application, it can do anything users need, especially transactions in the blockchain world and also provide Debit/Prepaid and payment (FIAT) card services.

Some of the service facilities on Enterapp:

  • use it for different Token swap even through the whole EVM ecosystem, or other DeFi Features
  • enjoy endless Liquidity through the DEX Aggregator System
  • use it for Card Payments through Visa & Mastercard
  • enjoy All Visa & Mastercard Merchant’s in EEA Europe & MENA Area’s
  • use it for different on — off ramp for FIAT (Money) etc.

Tokenomics

  • Total Supply 10.000.000.000 ENTY
  • Presale: 820.000.000 ENTY Token = 8.20%
  • Public sale: 100.000.000 ENTY Token = 1.00%
  • Treasury Locked: 4.34.000.000 ENTY Token = 43.40%
  • Liquidity Locked: 4.34.000.000 ENTY Token = 43.40%
  • Marketing, Airdrop & Bounty Program: 100.000.000 ENTY Token = 1.00%
  • Staking Rewards/Cashback: 300.000.000 ENTY Token = 3.00%

Enteraap will encapsulate all blockchain ecosystems in one application and make it easier for users to make transactions. As well as having a high level of security, so users can store their assets safely and comfortably.

Conclusion

In the rapid development of the economy and digital, developers are required to prepare a modern and easy-to-use financial service system. Enteraap is an application made to develop the current financial ecosystem and adopt several technologies that will later be united in one application called Enterapp. Decentralised systems and high security are the main focus of this project, it is hoped that Enteraap can improve and develop the shortcomings of previous technologies.

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