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Exploring the Sorare NFT Platform and the SOR Token
Sorare is a blockchain fantasy football game on Ethereum that uses non-fungible tokens (NFTs) to tokenize players as crypto collectibles in the form of digital trading cards. Following a recent valuation of $4.3 billion, the global fantasy football platform is seeing enormous popularity. This coincides with a surge in blockchain-based sports games and fan engagement platforms. The Sorare NFT platform offers sports fans a new way of speculating on the performance of their favorite footballers. Moreover, using the novel SOR token, fans can buy and trade their favorite players on the Sorare NFT platform.
What is Privateum and the PVM Token?
Powered by the Binance Smart Chain (BSC) BEP-20 standard PVM token, Privateum uses “Ghost Network” technology to facilitate enterprise-grade private blockchain solutions. The Privateum network combines consortiums and cooperatives to provide legally secure, fast, and flexible services to harness the power of blockchain technology. Furthermore, the platform enables businesses both large and small to pool resources. Plus, members of the network gain access to a diverse range of partners and services worldwide.
Exploring the Cardano Ecosystem
Following the launch of the Goguen phase and the Alonzo hard fork, the number of applications within the Cardano ecosystem is increasing exponentially. The Cardano network currently sits as the third-largest blockchain and cryptocurrency project by market cap, preceeded only by Bitcoin and Ethereum. Moreover, a surge in activity in the Cardano ecosystem enhances the demand and utility of its native ADA asset. Strictly ADA coin, but often known as ADA token, Cardano’s core cryptocurrency is a unit of exchange with cross-chain functionality. As such, the Cardano blockchain is becoming an increasingly popular choice with developers to design and deploy decentralized applications (dApps).
What is COTI and the COTI Token?
An acronym for “currency of the internet”, COTI is a payment and financial service provider that uses a form of Distributed Ledger Technology (DLT) known as “Directed Acyclic Graph (DAG)”. COTI coin is the native cryptocurrency of the platform and is also available as an Ethereum ERC-20 or Binance BEP-2 standard COTI token. Plus, these cryptocurrencies are convertible using the COTI bridge. The DAG-based Trustchain system is more energy-efficient than traditional blockchains and can scale without additional energy consumption. Moreover, the platform is driving enterprise adoption of DLTs in a variety of novel ways.
What is SundaeSwap and the SUNDAE Token?
Run by SundaeSwap Labs, SundaeSwap is a novel decentralized exchange (DEX) protocol soon to be launching on the Cardano blockchain. Hoping to catch the wave of adoption Cardano is anticipating with the Goguen launch, SundaeSwap Labs aims to offer a suite of peer-to-peer decentralized trading tools catering to everyday traders. Its primary project, SundaeSwap, brings a familiar automated market maker (AMM) trading experience. Under the hood of the project, SundaeSwap implements a novel eUTXO model, or “Extended unspent transaction output” model. Operating in conjunction with the accounting model is the multi-utility SUNDAE token. Additionally, SundaeSwap incorporates three other tokens within its tokenomic structure.
What is Paxos and the PAX Dollar (USDP)?
Paxos is the umbrella platform hosting the PAX Gold token (PAXG) and Pax Dollar (USDP) assets, as well as the itBit Digital Asset Exchange. As one of the most regulated active crypto projects, Paxos provides a Stablecoin as a Service platform to institutional and enterprise customers. Paxos aims to assure full transparency, security, and honesty surrounding assets backing the USDP stablecoin. Moreover, the Paxos ecosystem includes settlement services for enterprises, including securities and commodities.
What is Empowa and the EMP Token?
Powered by Cardano, Empowa is a DeFi enabled affordable housing and fundraising project. Holders of the native EMP token can participate in initiatives that focus on blockchain technology and sustainable housing in Africa. Also, participants can purchase non-fungible tokens (NFTs) from the Empowa NFT range to showcase their contribution to the platform. The term “real finance (RealFi)” refers to blockchain-based applications that have real-world impact. As the name suggests, Empowa aims to do just that.
What is Vectorium and the VECT token?
The Vectorium ecosystem uses sustainable energy to provide eco-friendly “green mining” facilities to mine the VECT coin, often referred to as the VECT token. Also, the Vectorium app enables super-fast cross-border transactions with low fees. With a strong focus on environmentally-friendly cryptocurrency mining, the project aims to establish an equitable long-term solution to intensive cryptocurrency mining that empowers smaller miners.
Layer-2 Solutions You Should Know About
Ethereum’s Layer 2 is still in its infancy but is already showing tremendous growth potential. Take Arbinyan, for example. It was Arbitrum’s first significant yield farm. It proved to be a catalyst for spurring Layer-2 adoption, demonstrated by the total value locked (TVL) exploding from $238 million to over $2.5 billion in less than a week. This rocket ship of a yield farm is one example of how projects can create overwhelming demand by deploying to Layer 2.
Exploring eCash and the XEC token
Bitcoin Cash ABC, conceived through a Bitcoin fork in November 2020, is now operating under the name ‘eCash’. Marketing itself as a secure decentralized network of sound money policy, the eCash platform offers near-instant transaction confirmations at a fraction of the cost of sending Bitcoin transactions. Moreover, the eCash ecosystem offers a low barrier to entry for blockchain developers to design and deploy their own tokens, using eTokens. The eCash token (XEC) also plays a crucial role in the ecosystem. The XEC token secures the network through staking facilities alongside offering token holders governance rights.
Exploring the Solana Ecosystem and Solana Apps
In the last 12 months, the value of Solana’s native …
What is Star Atlas and the ATLAS Token?
Built on the Solana blockchain, Star Atlas is a futuristic space exploration game where players side with factions to create civilizations and intergalactic economies. Using the ATLAS token, players can buy and sell in-game assets to mine resources, buy equipment, and battle in various gaming scenarios in deep-space. Also, the POLIS token is the governance token of the Star Atlas game and gives players control of both in-game activities and changes to the parameters of the Star Atlas crypto game.
What is Akash Network & the AKT Token?
Offering the world’s first open-source cloud computing platform and decentralized cloud marketplace, Akash Network uses an innovative blend of blockchain and containerization technology. The Akash crypto ecosystem stands to benefit all participants. This includes tenants, providers, and native Akash token (AKT) holders. The multi-utility AKT token plays several roles, including governance and security of the Akash crypto ecosystem.
What is ICON and the ICX Token?
Established by the ICON Foundation and maintained by the ICON Republic, ICON Network is a cross-chain interoperability network that bridges multiple blockchains without friction using the native ICX token. The underlying Loopchain technology powers the ICON blockchain protocol using the LFT (Loop Fault Tolerance) consensus mechanism. Plus, Community Representatives (C-Reps) and Public Representatives (P-Reps) govern the platform, representing native blockchain communities and performing governance tasks for the ICON crypto ecosystem known as the ICON Republic.
What is Solanium and the SLIM Token?
Built on the Solana blockchain, Solanium is a decentralized fundraising platform and crypto launchpad. Also, Solanium features a decentralized exchange (DEX) powered by Serum, the number one DEX on Solana. Users can stake the native SLIM token using a flexible tiered system and earn the xSLIM governance token in return. The Solanium crypto ecosystem is one of the latest projects to launch on Solana and is home to some of the most exciting up-and-coming token launch events.
What is Revain and the REV Token?
The Revain crypto review platform is a decentralized review platform operating with blockchain technology. Moreover, the Revain review platform operates a dual-token ecosystem with the native REV token and RVN token. Furthermore, the decentralized review platform uses artificial intelligence (AI) technology to prune out reviews containing scams, swearing, or direct insults. Also, the Revain crypto review platform uses differing weighting mechanisms of the authors and reviews themselves to calculate and present the most popular, honest, and helpful reviews. Additionally, authors can receive crypto rewards when providing useful information, engaging frequently, and supporting the project. The Revain crypto review platform offers scaling infrastructure far beyond the sole use for crypto and blockchain project reviews. The decentralized review platform can be a place for authors to write reviews about any business.
What is DeXe Network & the DEXE Token?
DeXe Network, or DeXe, offers a fully decentralized social trading platform alongside a cryptocurrency asset portfolio environment and novel decentralized finance (DeFi) trading tools. Operating on Ethereum, the native ERC-20 DEXE token governs the DeFi social trading application through the DeXe DAO, or decentralized autonomous organization. Benefitting professional traders, applications, and novice DeFi traders alike, the DeXe crypto ecosystem is at the forefront of decentralized social trading, providing state-of-the-art trading resources.
What is AuBit Freeway and the FWT Token?
AuBit is a next-generation digital asset management platform offering some of the highest annual percentage yield (APY) rewards in the crypto industry. With a strong ethos of leading the developing social finance industry, the AuBit Freeway platform gives holders of the native Freeway Token (or FWT coin) exclusive platform benefits. This includes boosting rewards or reducing platform fees. But, what exactly is the AuBit Freeway platform? How does AuBit Freeway offer such high rewards for users, and how does the FWT coin aid this?
What is Radix and the XRD Token?
Radix DLT (distributed ledger technology) is a full-stack layer-1 protocol that makes it easy for developers to build and scale decentralized finance (DeFi) applications without the risk of network congestion, smart contract hacks, and exploits. The Radix Engine is a scalable and secure execution environment that doesn’t compromise on composability. The Radix DeFi platform offers several alternatives to layer-1 protocols that are not suitable for the large-scale adoption of DeFi. The introduction of the Radix token (XRD) comes in line with the Olympia Mainnet launch. This marks the introduction of the ERC-20 e-Radix token (eXRD token), along with the foundational technologies that will be the basis of all updates to the protocol. Moreover, Radix makes it easy for developers to build and launch scalable decentralized applications using high-quality templates, or “DeFi Lego bricks”.
What is VersoView and the VVT Token?
VersoView aims to change the way we publish, engage, and reward users and readers of digital media content. Operating in cooperation with the native VersoView token (VVT), VersoView offers a novel decentralized artificial intelligence (AI) and blockchain-based publishing product. Furthermore, with VersoView’s OpenView thumbnail interface, the platform promises to produce page-turning and engaging content in a fraction of the time and cost of traditional publishing services. Also, the VersoView ecosystem rewards its supporters using various VVT token staking pools with up to 70% annual percentage yield (APY).
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