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 […]
US Regulators Scrutinizing the Cryptocurrency Space
The mainstream media has experienced massive crypto coverage that indicates regulators’ worries about the crypto market in the past few days. Their concerns revolve around the lack of protection over investors’ money. And this runs up to 2 trillion U.S. dollars while being associated with financial risks. With this, we saw how federal agencies are […]
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 […]
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 […]
