What is Function X (FX)?
The Function X platform is an entire ecosystem that was developed to serve the developers in the world of blockchain technology. Additionally, the system is also credited as a cross-chain platform that according to the network is based on a pBFT and a pos. Given that cross-chain technology isn’t completely mainstream in the world, most […]
What is Flux (FLUX)?
The Flux network is a system that allows its users to enjoy a wide ecosystem of blockchain as a product to create solutions to problems that have been discovered in the new generation of cryptocurrencies. The solutions provided by the network are essentially a decentralized version of the software as a service, while also incorporating […]
What is CEEK VR (CEEK)?
The CEEK VR platform is a blockchain-based metaverse project that allows musical creatives, as well as athletes to connect with a series of digital products to their fans directly. As a company, CEEK has been primarily focused on the development of augmented and virtual reality products. The metaverse provides a passage to a variety of […]
What is Alien Worlds (TLM)?
The Alien Worlds platform is a decentralized non-fungible token-based system where players go up again each other to discover scarce resources, with the most valuable of them being Trillium (TLM). The entire process takes place in a simulated world within several interplanetary worlds. The Alien World platform has transcended being more than just a game […]
What is Alchemix (ALCX)?
The Alchemix platform is a dedicated Defi lending system that distinguishes itself from the other systems in the space as it offers users flexible modes of obtaining loans and provides a mechanism where those loans are related automatically over time. Alchemix was developed with a design protocol that completely automates the loan repayment process of […]
What is Reef (REEF)?
The Reef network is a top-tier layer-1 blockchain network to serve the NFT, Defi, and Gaming ecosystems in a reliable and extensible manner. The network was developed through a substrate Framework which in turn allows it to provide high scalability, while also enabling next to instant transactions at incredibly low costs. The platform also includes […]
What is Neutrino USD (USDN)?
The Neutrino platform is a stablecoin whose price is attached to multiple assets, all of which enable it to stand as a toolkit to service DeFi transactions across several mainnets. The system uses a compilation of intricate algorithms to create stablecoins. Stablecoin in the crypto world are tokens that have values that have been pegged […]
What is Fei USD (FEI)?
The Fei network is a Defi platform that operates as a native algorithmic Stablecoin which was aimed at creating a technological solution to bridge the gap between centralized custodial stablecoin and rigidly decentralized stablecoins. The Fei network is run via two cryptocurrency assets which are the FEI stablecoin and the TRIBE token. The FEI time […]
What is Civic (CVC)?
The Civic platform is an identity management system based on blockchain technology that allows businesses and individuals access to the specific tools they require to enhance the protection of their data. The platform was designed in a protocol that revamps the overall view on identity verification protocols and gives the participants a more efficient control […]
What is Gnosis (GNO)?
The Gnosis system is a dedicated tool for the prediction market developed in the form of a decentralized application on the Ethereum ecosystem. The system features a multi-sig wallet and also a Dutch Exchange, however, the ecosystem has mainly been focused on ifs mainstream products which is the prediction market tool. According to the platform, […]
What is Aelf (ELF)?
Aelf is an open-source blockchain network that doubles as an operating system that is designed to provide solutions to blockchain-based problems in the business sector. According to the protocols used in its creation, the network serves as an infrastructure of a single major chain which is then connected to a series of other side chains. […]
What is NuCypher (NU)?
The NuCypher network is an access control system with decentralized encryption that also incorporates key management systems as well as other encryption services for blockchain technology applications. The platform provides its users with an encrypted model of end-to-end data sharing via its public blockchain in addition to several other decentralized storage-based solutions. The NuCypher network […]
What is Ontology (ONT)?
The Ontology system is an open-source high-performance network that provides blockchain-based solutions relating to digital data and identity. The unique construction of the network was designed to support a large collection of cross-chain collaboration, as well as the inclusion of layer 2 scalability which offers businesses and individuals a flexible tool allowing them to design […]
What is Ren (REN)?
The Ren protocol is an open platform designed to provide a bridge aimed at the delivery of interoperability, as well as liquidity between a collection of distinctive blockchain networks. According to the team, the system, at the early stages of its creation was aimed at providing a solution to the problem of middlemen while providing […]
What is Serum (SRM)?
The Serum network is a Defi ecosystem that provides its users with incredible speed, for its network, as well as next to zero transaction costs in its decentralized exchange space. The Serum network is the first high-performance decentralized exchange platform whose design follows the path of a completely on-chain matching engine, and a central limit […]
What is BakeryToken (BAKE)?
The BakeryToken is an element of the BakerySwap ecosystem that facilitates the provision of liquidity by rewarding participants who inject liquidity into the network. The network pays these individuals with BAKE tokens, these tokens can in turn be used to earn a portion of the trading fees paid by network users on BakerySwap and also […]
What is Dent (DENT)?
The Dent network is a decentralized system that uses the power of blockchain technology to create a globally recognized marketplace that provides liberalization services for mobile data. The developers of the network conceived the idea to design a system where individual participants are able to put up their mobile traffic for resale purposes such as […]
What is Fetch.ai (FET)?
The Fetch.ai network is a platform that is created to bridge the existing gap between devices and algorithms operating under the Internet of Things system so as to allow learning on the platform collectively. The network was developed on a system consisting of a high-throughput shared ledger system and also provides a series of smart […]
Crypto Tax vs. Crypto Traders: Conflicts of the Crypto Space and Tax World
In the past few months, the buzzwords have been “cryptocurrency, DeFi and NFTs.” This is due to the popularity of how individuals are leveraging cryptocurrency to create wealth and make it a source of income. The major advantage is the leverage of blockchain and how decentralization allows financial inclusion regardless of race, age, color, and […]
What is Storj (STORJ) token?
The Storj platform, which is pronounced as “storage,” is a dedicated open-source platform for storage. The system essentially uses a form of a decentralized network of nodes that have the responsibility of hosting the data of users of the platform. Additionally, Storj also provided a proportional amount of security via an advanced encryption protocol. According […]