What differentiates ENTC from others
Coin Legitimacy Matters
Losing 70% of its value after hitting its peak in November, fears loom over the crypto markets. Of course, there is more to the story than mere news headlines.
Just as we witnessed in the United States’ real estate market in 2008, the idea of being “too big to fail” or that prices of an asset class will continue to incessantly rise is nonsense. Equilibrium always wins, which is why ENTC seeks to reinforce its quality as a token as touted in the countless examples mentioned in previous newsletters such as being listed on several reputable exchanges, forming partnerships with renowned artists like Kim Min-gue, and being transparent with users every step of the way.
Luna coin
Not all tokens are legitimate. With luna coin, $60 Billion was erased due to shady business practices. Luna token has recently collapsed and its South Korean founder, Do Kwon, told the Wall Street Journal that he, “…was probably a billionaire when LUNA tapped an all-time high before the collapse” (news.bitcoin.com) A whistleblower known as Fatman, “accused Kwon of cashing out $2.7 billion in funds before the project collapsed…Kwon and Terraform Labs are also being sued in a class-action lawsuit that claims the co-founder and company misled investors (wsj.com). “The scheme relied largely on faith and the promise of future returns, plus a complex set of code, with very little hard cash to back up the whole arrangement” (cnbc.com).
Many have compared the subsequent crypto crash to a run on a bank. Luna simply started the panic but what many do not realize, as the above quote points out, is that the luna coin used a lending platform known as Anchor, promising its investors an unsustainable and too-good-to-be-true 20% return. As indicated on our Whitepaper and throughout our website, ENTC pledges transparency and collaboration with its users and is not in the business of making false promises.
The ENTC Difference
By now, you know ENTC’s founding members and their previous and current influence on popular culture. With many of our members being celebrities whom the public has already put their faith in for decades, we are all “out in the open” and are also therefore accountable to our users which is why we can be distinguished from illegitimate coins like luna and its sister coin, TerraUSD, which both use an algorithmic stable coin, an incredibly risky concept that ENTC is not based on or associated with in any way.
ENTC seeks to separate itself from the pack of tokens by articulating to our users that we are a legitimate entertainment business churning out substantial profit. Recent events have reaffirmed our token’s legitimacy and commitment to you. We encourage you to do your own research and you will see that the flawed infrastructure of coins combined with illegitimate business practices leads to their demise. Like many other instances of one individual doing something horrible, it is never that one instance that represents the whole. Unfortunately, market volatility mostly driven by Wall Street algorithms does not possess the same social consciousness that you do to recognize ENTC’s legitimacy amidst the crypto market.
Bright Futures Ahead…Still!
The crypto market and reputable tokens indeed still have a bright future. For example, Wall Street has recently taken over the cryptocurrency market to ensure it does not miss out on the 2 trillion-dollar market cap revenue stream (S&P is 40 trillion). They are profiting from the price volatility — whether the price of crypto increases or decreases, Wall Street investors are winning. Additionally, this new product and market within crypto also comes with futures, options, swaps, and exchanges, giving users more peace of mind compared to the initial boom in 2020. Lastly, investments in crypto are widespread to protect against inflation which in countries like the U.S. is ubiquitous from the price of gas to the used car market (wsj.com).
In any other market, there are fluctuations, and we would never make false promises to our valued users who have been with us since day 1. We are not hiding behind a scheme akin to the luna scandal. Come see for yourself in person or contact us through one of our many mediums — we would love to finally meet you! For our Black Membership holders, we look forward to seeing you soon and as always, we appreciate your loyalty. Thank you!
CONTACT
OpenSea Collection Address : https://opensea.io/collection/entc1 (Remember, Me)
OpenSea Collection Address : https://opensea.io/collection/entc1
(Voice of the Star)
Guidance on NFT Purchases : http://enterbutton.org/ko/#guide
Further inquiries of ENTC NFT : https://open.kakao.com/o/gR0utY7d
ENTC Telegram Address : https://t.me/entc_official
ENTC Official Website : http://enterbutton.org/
