Blockchain and Crypto Blog

Ivan on Tech Academy provides latest insights and reports about the blockchain industry.

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All You Need To Know About the Shiba Inu Token (SHIB), LEASH Token and BONE Token

Written By Ivan on Tech

May 13, 2021

There’s a new dog in town. If you’ve kept even half an eye on the crypto market this past week, you will likely have seen mentions of the Shiba Inu token, or SHIB token. Those familiar with memecoins will already be intimately familiar with Dogecoin, which rose from a mere prank started in 2013 to its current position as becoming one of the cryptocurrencies with the largest market cap. Although the SHIB token could seem similar to Dogecoin at first glance, SHIB is actually branding itself as a “Dogecoin killer”. Read on and learn all about the SHIB, LEASH, and BONE token!

Individual memecoins may come and go, but the overall interest for the crypto sector accumulates. Dogecoin’s recent price surge has quickly become legendary, and the dog-themed memecoin has gained a lot of attention on the internet and even in traditional news. One highly publicized factor in Dogecoin’s recent rise is the fact that multi-billionaire Elon Musk seems to have taken...

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Everything You Need to Know About SafePal Wallet and the SFP Token

Written By Ivan on Tech

May 12, 2021

If you’ve been keeping an eye on the world of crypto hardware wallets, odds are that you’ve heard of SafePal. SafePal is the first hardware wallet to be backed by Binance, one of the largest crypto exchanges in the world. Powered by the SFP token that was created on Binance Smart Chain (BSC) and introduced through Binance LaunchPad, SafePal offers users a full end-to-end crypto wallet experience. 

The product range includes the SafePal S1 Hardware Wallet that’s geared towards beginners, and which users can interact with using the SafePal App. Also, the SafePal Leather Protective Case is designed specifically for the hard wallet. Moreover, the project offers a sleek yet robust solution to protecting seed phrases using the SafePal Cypher Seed Protection Board. But, what is SafePal doing that’s different from other hardware wallets? 

In this article, we are going to take a closer look at the SafePal crypto ecosystem and explore the various components...

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What is Somnium Space and the CUBE Token?

Written By Ivan on Tech

May 11, 2021

Somnium Space is a virtual reality platform built on the Ethereum blockchain. The team's vision is to create an entirely new world where users can build out the Somnium universe as a place to live, work, play, trade, buy land, and create content. Moreover, Somnium is the space to experience the unknown, do the impossible, and meet people from around the world in one place. 

Somnium wants to add a piece missing from the Metaverse puzzle, which is to become the ultimate virtual reality destination. Hence, their long-term goal is to build a stunning virtual world that thousands of people can explore simultaneously. Further, the team considers their project to be an addition to the real world rather than a replacement - a parallel digital world, if you will.

The Vision 

Somnium is looking to create a Metaverse on three levels: the technological, the commercial, and the metaphysical. In this article, we'll be looking at all three. For starters, they looked hundreds of years...

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Exploring the Metronome Blockchain and MET Token

Written By Ivan on Tech

May 10, 2021

The Metronome crypto ecosystem combines a self-governing monetary system and an autonomous cryptocurrency with predictable issuance and supply. Also, the Metronome token (MET) is part of this sustainable and robust monetary system that was built to endure. The Metronome blockchain services on offer cater to a wide demographic, from users of decentralized finance (DeFi) to developers, businesses and investors. The Metronome blockchain service suite is designed to meet all the needs of the modern crypto user. Featuring a decentralized exchange (DEX), smart contract compatibility, and an innovative approach to transaction validation, Metronome, and the MET token aim to become key facets of the crypto industry.

In this article, we’re going to explore the Metronome blockchain suite and the inventive technologies that underpin the project. Also, we’ll discuss the Metronome token (MET), how it is used, and some of the exciting features that are yet to be...

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Exploring the Qtum Blockchain and QTUM Token

Written By Ivan on Tech

May 09, 2021

Qtum (pronounced "quantum") is a hybrid blockchain featuring elements of both Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanisms. The Qtum blockchain is an ecosystem of decentralized applications (dApps) powered by the native QTUM token. These tokens can be stored and transacted using the Qtum wallet. Furthermore, Qtum staking allows users to earn a passive income with crypto in a variety of ways. Established by Qtum Chain Foundation, Qtum is becoming a serious competitor in the crypto industry. However, for those that are wondering, “what is Qtum?” and, “what is the QTUM token used for?” - let us explain! 

In this article, we’re going to dive deep into the Qtum crypto ecosystem. Also, we’ll explore the Qtum blockchain, the QTUM token, and the Qtum wallet. Furthermore, we’ll discuss Qtum staking and the many innovative features of the project.

The Qtum crypto ecosystem uses a similar model to the number one blockchain,...

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What is Ravencoin and the RVN Token?

Written By Ivan on Tech

May 08, 2021

Taking the best bits from the biggest blockchain in the industry, the Ravencoin fork also includes some upgrades to the challenges that have faced Bitcoin since its launch. The project has many similarities with the big orange coin, including having a Ravencoin halving event. But there are some key differences. Ravencoin is a decentralized peer-to-peer network that aims to make transacting any kind of asset - physical or virtual - across geographic borders seamless. Ravencoin has a truly decentralized ethos, featuring an ASIC-resistant mining algorithm to ensure token distribution is fair when users mine Ravencoin (RVN). Further, there was no pre-mine, pre-sale, or RVN token distribution to founders or the team at the time of launch. Moreover, transacting and storing the native RVN coin could not be easier thanks to the availability of the Ravencoin Wallet. 

In this article, we are going to dive deep into the Ravencoin fundamentals and explore the differences and similarities...

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Exploring OMG Network (OmiseGO) and the OMG Token

Written By Ivan on Tech

May 07, 2021

OMG Network, or OmiseGO as it was previously known, is an Ethereum scaling solution created using Plasma technology. Plasma is a series of smart contracts that run over a root chain, in this case, the Ethereum blockchain. The project, underpinned by the OMG token, has created a layer-2 landscape for developers to create scalable applications, without taking the hit of high gas fees on Ethereum. Moreover, the Ethereum scaling solution is popular for enterprise development, thanks to its versatility, privacy options, and cost-efficiency. 

In this article, we’re going to dive deep into the OMG Network ecosystem and explore the history of OmiseGO before its rebranding to OMG Network. Moreover, we’ll discuss the use cases and role of the OMG token and features of the network that seem to be appealing to businesses and developers so much. 

OMG Network, or OmiseGO, was one of the first layer-2 scaling solutions for Ethereum. If you’d like to learn more about the...

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Exploring PerlinX, Perlin Network and the PERL Token

Written By Ivan on Tech

May 06, 2021

PerlinX utilizes the Perlin token, also sometimes referred to as “PERL Coin”, to facilitate the creation of synthetic assets and crypto derivatives on the blockchain. Furthermore, thanks to UMA Protocol, Balancer Labs, and the Perlin Asset Liquidity Engine, Perlin also provides automated market maker (AMM) functionalities. The project is still in the very early stages of its development, with many features still to be rolled out and completed. That being said, the PerlinX GitHub repository suggests that a great deal of work has been going on behind the scenes in recent months. With a host of new exciting synthetic asset liquidity services in the works, PerlinX and “Perlin Network” are positioned to heavily disrupt the traditional derivatives market. But, what is PerlinX, and how does PERL Coin work? 

In this article, we’re going to explore the PerlinX synthetic asset and asset liquidity platform. Also, we’ll discuss the PERL coin, and the...

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What is QuickSwap and the QUICK Token?

Written By Ivan on Tech

May 05, 2021

Decentralized finance (DeFi) has seen phenomenal growth in just a few years. The rise of the automated market maker (AMM) model has enabled DeFi to thrive. However, this has come at a cost. The congestion of Ethereum has caused gas fees to soar, causing many projects to look elsewhere for launching a blockchain project. Polygon, or the Matic Network as it was formerly known, is one of many layer-2 scaling solutions helping to scale the world’s most programmable blockchain. Created to expedite the process of building decentralized applications (dApps) and getting them to market, Polygon is host to several new blockchain projects, including QuickSwap. Powered by the QuickSwap token (QUICK), and the Dragon’s Quick token (dQUICK), QuickSwap works much like popular AMM Uniswap. However, there are some key differences. If you're wondering, “what is QuickSwap?” and, “what is the QUICK token used for?”, then you’re about to find out!

In this...

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The Ultimate Guide to the 2021 Coinbase IPO

Written By Ivan on Tech

May 04, 2021

Now that the dust has finally started to settle following the Coinbase IPO, it’s high time to go over it. Whether you are a cryptocurrency enthusiast, a seasoned investor, completely new to the stock market, or coming from WallStreetBets, we’ll make sense of the 2021 Coinbase IPO for you! Read on for the ultimate guide to one of the most talked-about stock listings of 2021!

To preface, however, it is worth providing some context to Coinbase’s stock market entry. Less than a month ago, on April 14th, the well-known US cryptocurrency exchange Coinbase went public on Nasdaq. This came off the heels of a long-running crypto bull run. If you want to know more about the Bitcoin 2021 bull run or Ethereum 2021 bull run, be sure to check out our earlier crypto bull run articles.

If you are completely new to finance, the notions of bull runs or bear markets, or cryptocurrencies in general, be sure to check out Ivan on Tech Academy! Ivan on Tech Academy is the premier...

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