What is a Stablecoin? Types of Stablecoins
When you think about cryptocurrency, the next possible term that will come to your mind is volatility. Then, stablecoin might follow. Crypto’s volatile feature makes the population wary of its potential to become a standard payment method. Bitcoin and other cryptos fulfill the goal of eliminating the third party during a transaction. But crypto’s fluctuation […]
What is SafeMoon (SAFEMOON)?
SafeMoon is a blockchain protocol designed to enable a more transparent and cost-effective environment for decentralized finance (DeFi). The platform is fully decentralized and runs on the Binance Smart Chain (BSC) blockchain, with its token- SAFEMOON- that can be exchanged on exchanges for other cryptocurrencies or used as collateral in trading futures contracts. To make […]
What is Catboy (CATBOY)?
Catboy is an NFT project that is popular among fans of manga, comics, anime, and pets, particularly cats. It is a decentralized network for financial transactions that aims to rebuild the traditional payment stack on the blockchain network. The platform makes use of several fiat-pegged stablecoins that are stabilized algorithmically by the reserve token to […]
What is DigitalBits (XDB)?
DigitalBits is a blockchain protocol designed to help facilitate mass market liquidity for various digital assets, and integrate with existing apps to drive market adoption of Blockchain technology. DigitalBits forked the well-known Stellar blockchain in 2017 and launched MainNet in March 2018, allowing the project to capitalize on several technological advances made by the Stellar […]
What is Animal Concerts (ANML)?
Animal Concerts is a protocol that aims to develop live events in the metaverse space. It aims to take the entertainment industry to the next level as it focuses on building next-generation experiences. On the Animal Concerts platform, artists and creatives can perform to their audiences all over the world via the metaverse. The protocol […]
What is Beefy Finance (BIFI)?
Beefy Finance is a Decentralized, Multichain Yield Optimizer that allows its users to earn compound interest on their crypto holdings through a set of investment strategies secured and enforced by smart contracts. This yield optimizer earns you the highest APYs with safety and efficiency in mind by automatically maximizing the user rewards from various liquidity […]
What is Everex (EVX)?
Everex is a decentralized protocol that allows its users to make payments easily. In other words, it allows users to make peer-to-peer (P2P) payments and trade financial products using digital currencies and secure smart contracts. The Everex platform provides small businesses and startups safe and secure access to the world digital market with prices that […]
What is ApeNFT (NFT)?
On March 29, 2021, APENFT was officially registered in Singapore in a bid to meet opportunities and address pain points in the industry. As an NFT-based project, they apply blockchain technology to the NFT world, thus expanding the use cases of blockchain. APENFT is known to buy well-known traditional NFT artworks as underlying assets, and […]
What Is BabyDoge (BABYDOGE)?
Like Dogecoin, the pioneer of memecoins, Baby Doge has also learned a few tricks and lessons. Baby Doge is a new meme-centered cryptocurrency developed by the fans of the Doge community; its existence was to surpass Doge by ensuring a high transactional speed and cuteness. Launched in June 2021, Baby DogeCoin is one of the […]
What Is Ethernity (ERN)?
Ethernity is a decentralized platform for auctioning, exchanging, and monetizing Non-Fungible Tokens (NFTs). It aims to make use of the potential of NFTs to bring influential brands in sports, culture, collectibles, and technology to the blockchain. NFTs are tokens that have their own distinct value and represent virtual items. They can be used to represent […]
What is Elemon (ELMON)?
Elemon is a leading NFT ecosystem in the blockchain space that delivers sustainable values to prospective users and investors. The comprehensive Elemon ecosystem includes: The lucrative NFT Fantasy – Themed RPG on BSC, the highly- liquid NFT Marketplace, world-class collectibles, and the Elemon community. Elemon utilizes blockchain technology to develop tokenization of digital creatures, a […]
What is Dusk Network (DUSK)?
Dusk Network is a layer-1 blockchain protocol capable of powering privacy-preserving smart contracts that satisfy business compliance criteria. It serves as a liberated financial industry that provides equal opportunity for organizations of all sizes to secure capital, trade assets, and access a full spectrum of financial services. They perform this by advancing the first permissionless […]
What is Drep (DREP)?
Drep is a decentralized ecosystem built upon blockchain technology that empowers different platforms on the internet to monetize and quantify reputation value. It is backed by the DREP Foundation, which is devoted to establishing a high-performance technology that supports high transaction throughput for an ecosystem that generates important reputation data. DREP Foundation seeks to develop […]
What Is DFI.MONEY (YFII)?
Launched in July 2020, DFI.MONEY, also known as YFII, is a fork of the popular decentralized finance (DeFi) aggregator platform yearn.finance (YFI) to help develop products on solely aggregated liquidity provision and leveraged trading. It was developed to help DeFi investors optimize their profits while its financial operations follow the changes proposed in an upgrade […]
What is Constitution DAO (PEOPLE)?
Constitution DAO is a now-defunct project that was aimed at purchasing the the United States Constitution in November 2021— but this wasn’t an ordinary auction. This was done through a decentralized autonomous organization, which allowed for a number of people in the crypto community to donate money in order to purchase the most important document […]
What is DODO (DODO)?
DODO is a decentralized finance (DeFi) protocol that is powered by the proactive market marker (PMM), which aims to become a better alternative to the traditional automated market maker (AMM). DODO’s mission is to create financial operations infrastructure for the new era of decentralized finance (DeFi) and a fairer, more inclusive global economy that guarantees […]
What Is Curve DAO Token (CRV)?
Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity. This DeFi’s leading AMM (Automated Market Maker) has hundreds of liquidity pools that have been launched through Curve’s factory and incentivized by Curve’s DAO, allowing participants to rely on Curve’s proprietary formulas to provide high liquidity, low slippage, low fee […]
What is Dego Finance (DEGO)?
Dego Finance (DEGO) is a decentralized ecosystem that offers a diverse combination of non-fungible token (NFT) and decentralized finance (DeFi) tools. Dego is an independent, open NFT ecosystem. As the first project to integrate Ethereum blockchain into both non-fungible tokens and decentralized finance, it supports cross-blockchain interoperability and builds bridges between different blockchains. It offers […]
What Is CryptoCars (CCAR)?
Inspired by Cars, the 2006 animated Pixar movie, Crypto Cars is a car-themed play-to-earn game on the Binance Smart Chain (BSC). Although this blockchain game can be played by all genders and ages, the primary audience or consumers of CryptoCars are males with an interest in racing. The game offers a wide range of selection […]
What Is BurgerSwap (BURGER)?
Launched in September 2020, Burger Swap is a democratized, decentralized automated market makers (AMMs) hosted on the Binance Smart Chain (BSC). It operates solely through the use of smart contracts and without the control of any centralized authorities. This cross-chain aggregator combines rates and prices from the leading DEXs and CEXs. It allows for versatility […]
