What is Mdex (MDEX)?
Developed fully for public use on January 6, Mdex is an automatic decentralized exchange-based platform that funds pools. It is a highly innovative Defi project that combines the advantages of DEX and the features of a centralized exchange platform. The great space that allows for imagination and growth of Mdex is based on the flourishing […]
What is Nexo (NEXO)?
The Nexo network is a dedicated blockchain-based platform that offers participants instant cryptocurrency loans. Although users are required to deposit in specific stable coins such as Ether, Litecoin, and Bitcoin as collateral before getting access to the loan. The system serves as an Avenue for securing liquidity flexibly and automatically and provides other bonuses for […]
What is OmiseGO (OMG)?
The OmiseGO is a layer-2 scaling platform that was built to solve a series of problems faced by the Ethereum network. The platform is a non-custodian-operated system whereby participants can enjoy a series of advantages. Based on its design to suit the Ethereum network, the platform allows for the speedy transfer of digital assets tied […]
What is Pundi X (PUNDIX)?
The success of Bitcoin today is no doubt one of the wonders of the world. With millions including it in their investment portfolio, countries adopting it as a form of legal tender, and traditional banks seeking ways to include it in the banking system, this brilliant idea of the anonymous Satoshi is certainly successful. Although […]
What is Qtum (QTUM)?
The Qtum network is a decentralized open-source smart contract platform and value transfer protocol that aims to empower and bring together the Bitcoin and Ethereum networks under one chain. The Qtum system, pronounced as quantum, was designed under the UTXO transaction model of the Bitcoin network. However, in the Qtum network, there is an added […]
What is Raydium (RAY)?
With over 5 billion USD locked in the DeFi world, one cannot undermine its extensive progress. Several projects uprise every day solving one of the drawbacks of the existing development, whilst leaving behind another drawback. With the Ethereum Blockchain housing over 100 developments, one cannot overlook the impediment it has caused to the users. From […]
What is PerksCoin (PCT)?
PerksCoin is a dedicated cryptocurrency platform that is based on the Ethereum network and designed to facilitate transactions within the PerksCoin Transaction platform. The platform was designed by CannaSOS Corp to be run on a decentralized blockchain system where transparency and security are at the highest level for all financial transactions on the network. The […]
What is IOS technology (IOST)?
Frauds, data inaccuracy, and lack of privacy control are some disadvantages of a centralized digital system. Although the onset of a decentralized system solves most of these demerits, transactional fees, and low scalability are some drawbacks, rendering it useless for heavy service providers like Facebook, Microsoft, and Amazon to use. The IOS technology aims to […]
What is KuCoin (KCS)?
The KuCoin token is a decentralized cryptocurrency platform that allows participants to draw value from the exchange by using its profit-sharing token. Upon its ERC-20 specifications release, it was available across several Ethereum wallets. The platform announced that the empowerment of its dedicated cryptocurrency token, KCS will be its major priority. It further stated that […]
What is Near Protocol (NEAR)?
Near Protocol is a decentralized application system that is designed to improve the usability of applications on the web. The NEAR token also serves as the dedicated cryptocurrency of the NEAR blockchain and can be put to a series of uses inside its system. One of its major uses is in the integration of decentralized […]
What is Fantom Token (FTM)?
Fantom is a directed acyclic graph platform that facilitates the execution of different kinds of cryptocurrency transactions in the Defi community through smart contracts. The Fantom network aims to solve a series of problems faced by the blockchain community. With its in-house token, FTM, the platform aims to provide solutions facing the integration of smart […]
What is Filecoin (FIL)?
Made by the infamous Protocol labs and built on top of the Interplanary File System, Filecoin is an open-source, publicly-accessed cryptocurrency token that allows users to rent space on vacant hard drives to store information. It is a digital asset as well as a blockchain-based digital storage system for easy data retrieval. With its initial […]
What is Bancor (BNT)?
The Bancor software is aimed at encouraging users to lock their cryptocurrency assets in exchange pools and allows them to earn fees for assets bought or sold by the traders. The Bancor platform is able to facilitate its network transactions via a system called the Automatic Market Maker. The system is an established mechanism that […]
What is Basic Attention Token (BAT)
Running smoothly in the Ethereum ecosystem and a natively integrated platform called Brave, the Basic Attention Token (BAT) is a cryptocurrency token that seems to serve as a monetary incentive for internet users to get paid while viewing well-meaningful and specifically tailors ads. It intends to create a beneficial cycle between creators and internet users […]
What is AABB Gold Token (AABBG)?
AABB Gold is a peer-to-peer decentralized platform that was created with the backing of gold providing it with a somewhat stable price level. Although the cryptocurrency is not a stable coin, however, it has several of the qualities of a stable coin because of its gold reserve backing. The backing comes from its mother company […]
What is Aurora (AOA)?
Aurora is a dedicated peer-to-peer cryptocurrency platform that was created to make the blockchain industry more colorful by facilitating the easy and fast development of blockchain-based applications. The system was created with the mission of painting the blockchain industry in new colors which share a striking resemblance to polar lights. In essence, the Aurora platform […]
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 […]