What is Chiliz (CHZ)?
Chiliz is a dedicated cryptocurrency for the world of sports and entertainment designed by a Malta-based fintech company. The system is a blockchain-based entertainment platform that works with Socios which allows the participants on the network to partake in the governance of their preferred sports brands. Through the medium provided by the system, sports clubs […]
What is Decentraland (MANA)?
The Decentraland platform is essentially a virtual reality platform backed by the Ethereum network which allows its users to create, as well as monetize content and apps. In its virtual world, participants on the platform can purchase pieces of land that later develop to monetize its content. The platform was launched officially in 2017 after […]
What is Enjin (ENJ)?
The Enjin network allows its participants, via a social gaming platform, to build and develop systems such as websites and clans. It also lest the users create chat groups as well as host virtual stores where other participants can purchase items. The Enjin cryptocurrency platform is a subset of the mother company, Enjin which is […]
What is Celsius (CEL)?
Celsius is a blockchain-based financial platform that is used for the execution of banking-related transactions for cryptocurrency users. The Celsius Network is operated under the SEC regulations protocol as a lending platform that allows its participants receive continuous interest on cryptocurrency that was deposited or access polls of collateralized cryptocurrency loans. The network uses its […]
What is Compound (COMP)?
Compound is a decentralized financial lending platform that allows its users to earn interest on their cryptocurrencies through the process of depositing crypto-based pools supported by the platform. The compound network gives its participants the opportunity to borrow, lend or earn a profit on their blockchain-based assets. On the platform, when the participants make cryptocurrency […]
What is Elrond (EGLD)?
Elrond is a blockchain-based platform that offers participants on its network an increased speed of executing transactions through a protocol known as sharding. According to the team behind the creation of the Elrond network, the project will serve as an ecosystem for a new internet. This will have inclusions of systems such as Fintech, decentralized […]
What is Holo (HOT)?
Holo is a decentralized peer-to-peer platform that is used for hosting applications built via the Holochain, which is a framework used by developers to create decentralized applications which do not utilize blockchain for their operation. According to the Starters of the network, it was created to eliminate the connection between the broader apps and the […]
What is IOTA (MIOTA)?
IOTA operates under the technology of a system known as Tangle which involves the confirmation of transactions by nodes. Even though the cryptocurrency operates under the distributed ledger system used by blockchain technology, it is not actually a blockchain. According to the foundation behind the creation of IOTA, it states that the distributed ledger system […]
What is Quant (QNT)?
Quant is a decentralized blockchain platform that connects other blockchains on a global scale without reducing the system’s efficiency or interoperability. The Quant system is the first platform to be built based on a blockchain operating system. The Quant operating system was designed based on a distributed ledger technology. The system is able to connect […]
What is Huobi Token (HT)?
Huobi token is the Huobi Global cryptocurrency exchange native token which is a decentralized electronic asset that is based on the Ethereum ERC-20 specifications. In general, the value of the Huobi token is to some extent hinged on the reputation of its mother platform, the Huobi Exchange, however, other factors could also affect changes in […]
What is TrueUSD (TUSD)?
TrueUSD is a cryptocurrency pegged to the United States dollar at a 1:1 ratio which promotes the increased liquidity volume to its participants via its nature of being a stablecoin. The platform was first launched to a small number of investors in January 2018, but shortly after, the platform grew to amass $400 million in […]
What is OKB (OKB)?
The OKB platform is a cryptocurrency exchange service that gives holders of its dedicated cryptocurrency access to special features such as reduced transactional fees, as well as governance and voting power on the network. OKB was originally released by the OK Blockchain Foundation and the Maltese cryptocurrency exchange OKEx. Globally, the exchange currently ranks fourth […]
What is Shiba Inu (SHIB)?
Shiba Inu is a decentralized cryptocurrency community that allows its participants to hold trillions of its tokens. The Shiba Inu cryptocurrency is relatively new and is currently controlling a significant part of the Dogecoin market. Nicknamed the “Doge killer”, the Shiba Inu platform allows for the development of community building experiments within its ecosystem. The […]
What is Synthetix (SNX)?
The Synthetix system is a decentralized financial platform that allows users to gain direct access to a wide variety of digital assets such as gold, stock, and cryptocurrencies without having any holdings in the underlying resource. The protocols being used by the system are based on the Ethereum blockchain and offer participants on the network […]
What is TerraUSD (UST)?
TerraUSD is the decentralized and algorithm-based stablecoin of the Terra blockchain. The yield-bearing potential of the platform is pegged to the US dollars, thus making it a digital asset of value. The creation of the TerraUSD platform was designed to make the existing Terra network more valuable. The platform delivers this value by providing a […]
What is Yearn.Finance (YFI)?
Yearn.Finance is a collection of protocols that are being run via the Ethereum blockchain which allows participants on the platform to optimize their crypto-asset earning power through trading and lending services. Out of a constantly increasing number of decentralized financial platforms, Yearn.Finance allows the enjoyment of its services by its users by making use of […]
What is Zcash (ZEC)?
Zcash is a DeFi cryptocurrency platform that is focused on the delivery of anonymity and privacy for transactions. This is made possible on the platform through a zk-SNARK zero-knowledge proof mechanism which grants access to nodes on the platform to verify transactions without revealing any of the sensitive data required for the transaction. In a […]
What is Tezos (XTZ)?
Tezos is a Blockchain-based network that supports the creation of smart contracts. In many ways, the Tezos network is similar to the Ethereum network. However, the Tezos network has some distinctive factors, one of which is its interface. Apart from its user interface, the Tezos platform also offers its users a more advanced infrastructure. The […]