MEXC Exchange Research: What is Secretum (SER) ?

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Secretum is the world's first and only Solana Blockchain app for decentralized, encrypted messaging and OTC trading. Secretum establishes a completely new ecosystem that enables all crypto and Blockchain asset owners to:

Communicate directly and anonymously with any other wallet owner in the world via messaging/phone/video, using only wallet addresses.
P2P trading of crypto assets and tokens is possible thanks to an integrated ESC (escrow smart contract) functionality.

Using a decentralized distributed node network, you can secure communications, file storage, and transactions from hackers and government interference.
The SER token can be used to earn rewards for app use and content creation, as well as to pay for additional services/subscriptions.
Allow users to offer premium content to other platform users on public channels in exchange for SER token payments.

What distinguishes Secretum?
Secretum has numerous advantages:


Messaging security includes no centralized data storage, complete anonymity, no data transfers, no moderators, and end-to-end encryption. All messages between users are stored on trusted nodes, directly on our private Ethereum-based Blockchain network, thanks to the node-to-node communication protocol. Users can sign up using only their wallet addresses, which are validated by the node network, while remaining completely anonymous.

Trading Flexibility:
Secretum, which is based on Solana, enables crypto owners to do something unprecedented: communicate and trade with one another without knowing each other or having each other's data on a contact list. This opens up a plethora of possibilities for previously disconnected individuals to exchange messages, files, and assets — a significant step toward promoting crypto adoption.

Cost Effectiveness:
Allowing users to trade crypto assets on a P2P basis at a low cost, whether they are fungible (Ethereum, Bitcoin, etc.) or non-fungible (NFTs). This allows users to avoid the fees, congestion, and liquidity issues that plague Centralised (CEX) and Decentralised (DEX) cryptocurrency exchanges.
Data Security: Files are stored on trusted, independent nodes in the Secretum network, and transfers take place on a peer-to-peer (P2P) basis, using an encrypted procedure verified solely by the parties involved. There will be no more data breaches, hacks, password leaks, or other threats to existing cloud storage solutions.

What exactly is a SER token?
The following notions underpin the use of the SER token as a utility instrument for Secretum platform messaging:

Messages are treated like transactions, with parties trading SER tokens to communicate. The sending party, who invests tokens in order to transmit messages, uses Secretum as a MaaS (Messaging as a Service) application. More tokens are staked in response to increased demand for messaging or file storage, and SER tokens are in more demand – just like a trade token. Allows Secretum users to transmit a SER token to non-user wallets in order to communicate with people who aren't on their contact lists.

Payments:
Users will be able to pay for any additional premium services provided by the Secretum app (hidden chats, crypto asset trading capabilities, message storage, and file storage).

Users can connect Secretum wallets to third-party wallets and swap crypto assets between Secretum wallets. Users will be able to monetize any media they provide anonymously through their own channels using SER tokens.

Governance: SER tokens are designed to provide the community a lot of power. Users will be able to engage public DAO talks with their SER tokens, increase voting power with the amount staked, and receive incentives.

Users are paid for adding nodes to the network, increasing security, communication speed, and decentralization.

What's progress of SER Token?

On April 29, MEXC Exchange's M-Day launched SER (SER/USDT), with a total token allocation of 50400 SER. There are 720 winning tickets for the trading round, according to the lucky draw criteria.
 
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