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Summary of hiCLONEX
What is hiCLONEX?
- hiCLONEX is an NFTETF (Non-Fungible Token Exchange Traded Fund) token backed by CloneX NFTs.
- One hiCLONEX token represents 1/1,000,000 CloneX in an on-chain CloneX Meta-swap pool.
Supply of hiCLONEX
- The total supply of hiCLONEX tokens is dependent on the number of CloneX NFTs in the meta-swap pool.
- There is no hard cap for hiCLONEX.
- For
About hiCLONEX: Pioneering the Future of Digital Assets
Introducing hiCLONEX: A Revolutionary Platform
hiCLONEX is an innovative NFTETF (Non-Fungible Token Exchange Traded Fund) token, collateralized by the CloneX NFTs (Non-Fungible Tokens). Each hiCLONEX token is equivalent to 1/1,000,000 CloneX units, which are dynamically managed within an on-chain CloneX Meta-swap pool, operating autonomously via the Fracton Protocol’s smart contracts. Notably, these tokens are decentralized, with no central authority governing them, and users can redeem CloneX NFTs from hiCLONEX tokens in a permissionless manner, subject to a nominal 0.6% redemption fee.
The Circulating Supply of hiCLONEX Coins: A Closer Look
The total supply of hiCLONEX tokens is directly correlated with the number of CloneX NFTs present in the meta-swap pool, with no predetermined hard cap. Notably, for each CloneX NFT in the pool, a corresponding 1,000,000 hiCLONEX tokens are in circulation.
Ensuring the Integrity of the hiCLONEX Network: A Multilayered Security Approach
hiCLONEX is an Ethereum-based token, compliant with the ERC-20 standard, thereby inheriting the robust security features of Ethereum’s state machine.
Acquiring hiCLONEX: A Comprehensive Guide
hiCLONEX tokens are widely accessible across multiple platforms, including decentralized exchanges and centralized cryptocurrency exchanges, such as
Uniswap
and
KuCoin
.
Introducing hiCLONEX: A Revolutionary Platform
hiCLONEX embodies a pioneering approach within the cryptocurrency and blockchain realm, particularly in the domain of Non-Fungible Tokens (NFTs). It functions as an NFTETF, a novel amalgamation of NFT and financial instrument, where it seamlessly bridges the gap between traditional financial markets and the burgeoning universe of digital art and collectibles, with CloneX NFTs serving as its linchpin.
The hiCLONEX framework is deliberately designed to democratize access to the inherent value encapsulated within CloneX NFTs. This is achieved through an on-chain Meta-swap pool, which is meticulously governed by the Fracton Protocol’s robust smart contracts. This decentralized setup ensures that no single entity wields control over the operations, thereby facilitating permissionless interactions. Consequently, users can seamlessly redeem CloneX NFTs from hiCLONEX tokens, subject to a nominal redemption fee.
The hiCLONEX token supply is inextricably linked to the number of CloneX NFTs present in the meta-swap pool. Notably, each CloneX NFT is accompanied by 1,000,000 hiCLONEX tokens. This innovative mechanism facilitates a fluid and dynamic token supply that adapts in response to the assets within the pool, unhindered by a predetermined hard cap.
Security is of paramount importance for any digital asset, and hiCLONEX effectively addresses this concern by harnessing the robustness of the Ethereum network. As an ERC-20-compatible token, it inherits the comprehensive security measures and widespread acceptance of Ethereum, a cornerstone of the cryptocurrency ecosystem.
For those seeking to acquire hiCLONEX tokens, a diverse range of platforms is available, encompassing both decentralized and centralized exchanges. This multifaceted approach ensures that participants can engage with hiCLONEX through their preferred avenue, whether they value the autonomy and independence of decentralized exchanges or the convenience and advanced features offered by centralized platforms.
In conclusion, hiCLONEX occupies a unique nexus of NFTs and financial innovation, presenting a pioneering avenue for investors and enthusiasts to immerse themselves in the realm of digital collectibles. As with any investment, prospective participants are advised to undertake rigorous research and carefully consider their individual financial circumstances before venturing into the market.
What Safeguards Does hiCLONEX Employ to Ensure Security?
hiCLONEX adopts a multi-layered security paradigm, safeguarding its network and users’ assets through a diverse array of protective measures. The robust security framework incorporates the integration of hardware wallets, notably supported Ledger devices, renowned for their stringent security features. These devices securely store users’ private keys in an offline environment, thereby providing a formidable barrier against online threats, including hacking and phishing attacks.
Beyond hardware wallet integration, hiCLONEX further fortifies its security posture by leveraging Mixin Messenger for secure and private communication. This platform necessitates a 6-digit PIN code for access, thereby introducing an additional layer of security for user interactions and transactions. Moreover, the communication facilitated through Mixin Messenger is end-to-end encrypted, thereby ensuring the confidentiality of sensitive information.
The platform features a distinctive transaction approval mechanism, which necessitates the mutual consent of both members and the owner prior to the execution of a transaction. This rigorous process enables the identification and rejection of suspicious transactions, thereby providing an additional layer of protection against unauthorized or malicious activities.
Mixin Safe, a pivotal component of hiCLONEX’s robust security architecture, boasts asset segregation capabilities. This innovative feature enables distinct members to access solely their designated safes, thereby mitigating the risk of unauthorized access to others’ assets. The multi-safe design of Mixin Safe, augmented by its advanced privacy and security protocols, affords a superior level of security that surpasses that of a single hardware wallet.
Moreover, hiCLONEX is erected upon the Ethereum blockchain, ensuring seamless compatibility with the ERC-20 standard. The security of the hiCLONEX network is thereby reinforced by Ethereum’s robust state machine, celebrated for its impregnable security and unwavering resilience. The decentralized essence of Ethereum further fortifies the network, eliminating the risk of a single point of failure.
It is essential for users to undertake their own due diligence and grasp the security protocols in place prior to investing in cryptocurrencies. As the landscape is perpetually evolving, staying abreast of the latest security practices is vital for protecting one’s assets.
Unlocking the Potential of hiCLONEX: A Glimpse into its Utilization
hiCLONEX assumes a multifaceted role within the cryptocurrency ecosystem, underscoring its versatility and seamless integration into diverse platforms and services. Notably, hiCLONEX is leveraged for HAI-based subscriptions in Hacken Extractor, a cutting-edge post-deployment security system meticulously designed for on-chain smart contract monitoring. This system plays a pivotal role in identifying and mitigating potential threats, thereby bolstering the security framework for blockchain projects.
Moreover, hiCLONEX finds its utility in both centralized and decentralized exchanges (CEXes and DEXes), serving as a bulwark against illicit activities. By harnessing the power of hiCLONEX, these platforms can proactively detect and mitigate risks associated with unauthorized transactions and other forms of financial misconduct. This functionality underscores the token’s pivotal role in upholding the integrity and trustworthiness of trading environments, thereby fostering a secure and reliable ecosystem.
Beyond its security-centric applications, hiCLONEX also confers a significant advantage to individual users by seamlessly integrating with crypto wallets, thereby providing timely notifications regarding suspicious addresses. This innovative feature plays a pivotal role in shielding users’ assets from potential threats and unauthorized access, ultimately contributing to a more secure and trustworthy cryptocurrency ecosystem.
From a technical perspective, hiCLONEX is an innovative NFTETF token, collateralized by CloneX NFTs, and operates seamlessly on the Ethereum blockchain as an ERC-20-compatible token. This configuration ensures an exceptionally high level of security and reliability, leveraging Ethereum’s robust and battle-tested state machine. Notably, the token’s supply is directly correlated with the number of CloneX NFTs in the meta-swap pool, underscoring its distinctive symbiosis with the underlying assets.
The hiCLONEX tokens boast widespread availability across a diverse range of trading platforms, encompassing both centralized and decentralized exchanges. This broad accessibility simplifies the process for interested parties seeking to engage with the token and leverage its associated utilities.
As with any cryptocurrency or digital asset, it is imperative that potential users and investors undertake exhaustive research and carefully assess their individual financial circumstances and risk appetite before engaging with hiCLONEX or any other token. This prudent approach is crucial for making informed decisions in the rapidly evolving and dynamic cryptocurrency market.
What pivotal milestones have marked hiCLONEX’s journey?
Since its inception, hiCLONEX has navigated several pivotal milestones, underscoring its remarkable growth and development within the blockchain and NFT domains. The project’s journey commenced with its engagement with blockchain protocols in 2017, thereby laying the foundational groundwork for its future pursuits. This formative phase proved instrumental in establishing the technical foundation and vision that would propel hiCLONEX forward.
In 2021, the project achieved a milestone by deploying testnets and releasing Software Development Kits (SDKs), thereby facilitating the rigorous testing of the platform’s capabilities and empowering developers with the necessary tools to craft innovative applications and services that seamlessly integrate with the hiCLONEX ecosystem. The rollout of testnets and SDKs marked a significant step towards operational readiness, thereby paving the way for a more extensive and diverse user base.
In 2023, hiCLONEX made a notable foray into the Game of NFTs, demonstrating its seamless integration and multifaceted utility within the NFT ecosystem. This endeavour underscores the project’s dedication to harnessing the distinctive attributes of NFTs and pioneering novel applications that transcend conventional market boundaries.
Throughout its journey, hiCLONEX has forged strategic partnerships and integrations with esteemed companies and networks, including collaborations with prominent entities. These synergies have been instrumental in expanding its ecosystem, enhancing interoperability, and cultivating a more interconnected and efficient blockchain network.
hiCLONEX functions as an NFT-based ETF token, collateralized by CloneX NFTs, and leverages the Fracton Protocol’s smart contracts to facilitate seamless on-chain transactions. The total supply of hiCLONEX tokens is directly pegged to the number of CloneX NFTs held in the meta-swap pool, underscoring its innovative approach to token circulation and value representation.
At hiCLONEX, security assumes paramount importance, as it is firmly rooted in the Ethereum network and adheres to the stringent ERC-20 standards. This synergy ensures the implementation of robust security protocols, leveraging the comprehensive state machine of Ethereum to provide an additional layer of protection.
For those seeking to acquire hiCLONEX tokens, they can be readily accessed on a diverse range of trading platforms, encompassing both decentralized and centralized exchanges. This widespread availability provides participants with multiple avenues to engage with and invest in hiCLONEX, although it is crucial to conduct exhaustive research prior to making any investment decisions.