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 Cream Finance (CREAM)?
Cream Finance is a decentralized platform that takes financial services such as lending to the next level. The term C.R.E.A.M stands for Crypto Rules Everything Around Me. It is a permissionless, open-source, decentralized lending protocol that can be used by industries, individuals, and protocols to obtain high-security financial services. Cream Finance is an essential part […]
What is Avinoc (AVINOC)?
Aviation Network Operation Chain, also known as Avinoc, is a platform that aims to revolutionize the travel and aviation industry through innovative and cutting-edge technologies. It is built on blockchain concepts and asset tokenization for transactions involving airline management and operations. Individuals of different kinds can utilize the Avinoc platform as long as they are […]
What is Balancer (BAL)?
Balancer is a community-driven protocol, automated portfolio manager, liquidity provider, and price sensor that empowers decentralized exchange and the automated portfolio management of tokens on the Ethereum blockchain and other EVM compatible systems. Developed on the Ethereum blockchain and launched in March 2020, Balancer was able to raise a $3M seed round by Placeholder and […]
What Is AutoFarm (AUTO)?
AutoFarm is a hyper-optimized cross-chain yieldfarming aggregator running on 15 different EVM-compatible networks. Its DApp (Decentralised Application) was designed to optimize DeFi (Decentralized Finance) users’ yields as they interact with the other DApps in the DeFi space. The application is hosted on BNB Chain (formerly Binance Smart Chain) with no pre-farm, no pre-sales, and to optimize […]
What is Audius (AUDIO) Token?
From the name, you can guess that it has to do with music. It is a decentralized music streaming platform that was initially built on POA network but now running on the Solana Chain. With Audius, individuals can now stream music with the option to monetize and distribute their audio content. It takes the love […]
What is ApeCoin (APE)?
The Ape Foundation is the steward of ApeCoin, not an overseer, but the foundation upon which ApeCoin holders in the ApeCoin DAO can grow. The Foundation is intended to be more decentralized in usage, with decentralized and community-led governance. It is tasked with administering the decisions of the ApeCoin DAO and is responsible for day-to-day […]
What is API3 (API3)?
API3 is a blockchain-based platform that allows decentralized applications to access real-world, blockchain-external services, data, and information via application programming interfaces (API). It aims to connect traditional application program interfaces with the blockchain ecosystem creating a conventional and secure API service to smart contracts that are affordable, safe, and highly secure. Currently, there is no […]
What is Alpaca Finance (ALPACA)?
Yield farming on Ethereum, pioneered by Compound during the DeFi Summer, has become a widespread phenomenon for organizations looking to jumpstart their liquidity and gain new users. However, the rising expenses of the process have grown increasingly expensive for the majority of individuals in recent years. As a result, Alpaca Finance was created as a […]
What is Altura (ALU)?
Altura is a gaming-focused smart contract platform that allows game developers to mint, distribute and transact Smart NFTs as in-game items. Smart NFTs are Non-Fungible Tokens having dynamic features that can vary depending on the circumstances. They are different from traditional NFTs and have the potential to make in-game assets more decentralized and mainstream. Altura […]
What is ARPA Chain (ARPA)?
ARPA chain is a privacy-preserving computation network where users can provide computer processing and share their unused storage. The ARPA chain platform prioritizes privacy, which is why users flock toward it. The platform allows for scalable off-chain transactions, data storage, and privacy-preserving smart contracts on the site. Multi-Party Computation processing is also allowed on the […]