We are a group of people who conducted research to identify the actual barrier in people’s reluctance to enter and utilize the web 3 technologies.
Since blockchain technology and crypto projects are in the infancy stage, it is less familiar in the global market. Considering the lack of awareness about the crypto-verse, blockchain space and metaverse in the market, we are introducing a new-age crypto project, Gyre.
Gyre is a cryptocurrency token which is built on the token standard of Binance Smart Chain, BEP-20. The main purpose of building Gyre Network on Binance Smart Chain Evolution Proposal is that the BEP 20 standard is found as a better alternative in comparison to ERC 20 token standard of Ethereum. Moreover, the BEP-20 is compatible with ERC-20 and BEP-2. The Gyre can help you to deploy smart contracts on the BNB Smart chain. The symbol of Gyre Network Token is “GYRE”.
The Gyre team considers smart contracts based on blockchain technology to be the game changer in the global market and also have the potential to create a safe & secure seamless environment around the globe.
The main objective of Gyre Network is to aggregate the usage of blockchain technology-based Decentralised Finance (DeFi) and to make the global market more transparent and trustworthy. Also, the contemporary world is adopting DeFi, web3.0 and metaverse at its pace. So, Gyre aims to provide investors, traders and crypto enthusiasts with the ability to utilize Gyre tokens through smart contracts and DeFi.
Besides it, the Gyre Network team has entailed a model in their crypto ecosystem so that each Gyre buyer & seller can create their own entire network.