Disrupting the financial System through hyper frictionless mechanism offered by Talkado Ecosystem

Talkado Protocol
3 min readAug 11, 2021

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The year 2009 saw the emergence of Bitcoin, the first cryptocurrency that changed the way business was been run globally. Bitcoin created so much buzz in the financial system, as people could carry out financial transactions from different parts of the world without going through the draconian hurdle posed by the traditional banking system.

Sam in London could virtually send 0.2 BTC (now valued at £33,500 per BTC) to Emmanuel in Nigeria, and the transaction will be confirmed within 3 minutes. That is the power Defi (Decentralised Finance) brings to the financial system.

Now fast track to 2021, and more than 4,000 cryptocurrencies are currently in the market (according to https://wwww.investopedia.com ), providing one service or the other to crypto users. One of such coins is the Talkado (Popularly referred to as Talk Coin). A new cryptocurrency that will defile the norms of the financial establishments.

The Talk Coin is a project that is based on different research outcomes that will catalyze a revolutionary disruption, decentralization, and democratization of the financial ecosystem.

How does Talkado intend to achieve this?

For starters, Talkado runs on the Binance Smart Chain Network. The Talkado Smart Contract has all the answers to the questions about the possibility of Talkado disrupting the financial system in a seamless and frictionless way.

Embedded within the Talkado Smart Contract is an automated feature that will see 40% from 10% tax taken from every transaction going to Liquidity Wallet.

It does not end there, as 30% of the 10% tax taken from every transaction will be redistributed to all Talkado’s users' Wallet. Imagine waking up the next day and seeing an exponential increase in the value of the Talkado coin in your wallet! That is the amazing power of Talkado.

As part of our commitment to mitigate climate change and humanitarian crisis globally, an Algorithm is embedded within the Talkado platform that will automatically allow taxation to be placed on every transaction that takes place in the Smart Contract. 20 % of the taxation will automatically be remitted to a dedicated charity wallet. The Talkado community will periodically meet and vote on how much funds will be allocated to selected charities that Talkado will be partnering with in the advocacy against climate change and humanitarian crises globally.

The balance of 10% Talkado coin from the 10% tax taken from each transaction will be crushed. This will instantly help reduce the quantity of Talk coin in the market and invariably increase the value of Talk coin via the simple law of economics of scarcity.

The Talkado ecosystem will thus disrupt the financial system as it will become a hub of wealth generation and green revolution, amongst its users who will have the privilege to benefit from holding the Talk coin and also contribute to climate change and the fight to stem the adverse effect of humanitarian crisis globally. These processes are automated, seamless, frictionless, and intuitive.

Join the Talkado Community to have your says in the direction of the ecosystem and be the first to get our latest news. Use the following Links

Whitepaper: https://talkado.finance/whitepaper.html

Telegram Group: https://t.me/TalkadoProtocol

Telegram Channel: https://t.me/talkado

Twitter: https://twitter.com/TalkadoF

Facebook: https://www.facebook.com/TalkadoFinance/

Talkado on Github: https://github.com/Talkado

Reddit: https://www.reddit.com/user/TalkadoProtocol

Medium: https://talkado.medium.com/

LinkedIn: https://www.linkedin.com/company/talkado-finance

🤝Partnership

For partnership, marketing proposals, or general queries, please email us: info@talkado.finance

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Talkado Protocol
Talkado Protocol

Written by Talkado Protocol

Talkado is a community-driven, automated hyper-deflationary, effortless, and frictionless high-yield aggregation protocol.

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