{"id":7322,"date":"2021-11-21T09:27:42","date_gmt":"2021-11-21T09:27:42","guid":{"rendered":"https:\/\/tokpie.io\/blog\/?p=7322"},"modified":"2021-11-21T09:28:38","modified_gmt":"2021-11-21T09:28:38","slug":"checkdot","status":"publish","type":"post","link":"https:\/\/tokpie.io\/blog\/checkdot\/","title":{"rendered":"CheckDot Solution for Crypto Market: CDT Token"},"content":{"rendered":"\n

Why has BNB’s<\/a> price grown by 15 times for the last twelve months? Someone believes the reason is high gas fees on the Ethereum chain. But it’s not entirely true. Look at other altcoins issued by crypto exchanges \u2013 they have skyrocketed too. So, the main reason is the myriads of blockchain startups coming to the scene every day. As a result, all companies that serve crypto projects increased their sales by many times in 2021. One of the entities aiming to penetrate such a lucrative cryptocurrency market is CheckDot. These guys created the first-ever decentralized trust protocol for crypto-startups powered by the CDT token. Continue reading to get more details. Also, you’ll find a description of how to trade CDT tokens on the Tokpie exchange. <\/p>\n\n\n\n

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Checkdot’s solution.<\/figcaption><\/figure><\/div>\n\n\n\n

What’s the CheckDot?<\/h2>\n\n\n\n

The biggest problem caused by dozens of new projects founding every hour is low trust. Potential investors don’t believe in the promises stated in white papers. So, CheckDot is going to solve that problem with a decentralized trust protocol. It provides crypto-passionate people and firms with the ability to work out the legitimacy, transparency, and trustworthiness of any crypto project and company in the blockchain sector. Moreover, such validators can do it anonymously. Also, the developers want to improve the trust deficit that has existed in the blockchain world since the beginning. How? They want to allow companies and projects owners to maintain and regain the trust of their users through an anonymous validation system.<\/p>\n\n\n\n

What’s the CDT token?<\/h2>\n\n\n\n

CDT is the BEP20 (BSC) token that allows people to secure their opinions on the blockchain. Cool! Moreover, the coin help users to earn and contribute to a decentralized trust protocol. How? CheckDot’s verification solutions help engage CDT token-holders to validate requests using a guideline and then provide non-fungible trust indexes. As a result, the holders can use CheckDot to earn an extra $CDT by participating in verifications. For example, they can authenticate businesses and services through a certificate of confidence. Besides, people must use $CDT micro-transactions to verify different projects. So, the demand for this coin should increase with the whole blockchain industry’s growth. Such a correlation is obvious.<\/p>\n\n\n\n