What Is Crypto Shield (SHIELD)?

Crypto Shield (SHIELD) is a decentralized security provider and cryptocurrency rewards- earning platform. The network strives to benefit those who wish to generate passive income through its many plans.

Every day, retail traders suffer losses due to malicious/scam companies. To address this, Crypto Shield provides scam alerts and shield protection on their website and social media for their token holders and community to make informed trading decisions. The platform consists of a team of analysts who identify scam projects and provide proof to the community. Crypto Shield aims to assist users in achieving financial independence through their Launchpad and other projects. The platform intends to achieve its objectives through the following features:

• Passive Earning: Users can hold SHIELD tokens and earn rewards in Crypto Shield events and airdrop campaigns.

• On the Launchpad, users can participate with BNB, ETH, and SHIELD tokens and earn additional SHIELDs. Each start-up on Launchpad aims to be directly listed on one of the top ten decentralized exchanges (DEX).

• Security Alert:Besides generating passive income for users, Crypto Shield issues malicious/scam project alerts to the token holders & community. 

• The network intends to fund various projects based on certain criteria.

• OpenListingContest:Crypto Shield seeks to offer an open listing contest for start-up cryptos with potential. Each month, the platform identifies the top ten projects based on rules and criteria. These projects are put to the vote before token holders. The winning project is then listed on top exchanges.

• Crypto Shield Audit provides a comprehensive review of smart contracts and projects from a cyber security and blockchain perspective.  Elaborating on the token, SHIELD is the native token of the platform. The token is deflationary, meaning a fraction of the tokens are periodically removed from circulation through burning and repurchase, thereby creating scarcity and increasing price. According to its whitepaper, the token utility is as follows:

• Governance & Voting: The SHIELD smart contract is used to power the community governance tool. SHIELD holders use the tool to exercise their voting rights and participate in the decision-making process for SHIELD community development and growth.

• Fees and Discounts: Users pay for discounted transaction fees on wallets with SHIELD. Users can also purchase items on the Crypto Shield Store using the token. Users can redeem SHIELD tokens for rewards for participating in Crypto Shield events.

• Stakingand rewards: Users of Crypto Shield can stake SHIELD to earn extra yield via the Crypto Shield earn programs.

History of Crypto Shield (SHIELD)

The SHIELD token has a maximum supply of ten billion.