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?
Klaytn is a blockchain service provider aimed at integrating blockchain solutions into legacy business infrastructures. Powered by the native KLAY token, the Klaytn blockchain provides a user-friendly environment for businesses to build and deploy blockchain applications (BApps) with minimal fees. Klaytn provides all the tools needed to get enterprise-ready blockchain applications into production quickly. Also, the announcement of the Samsung KlaytnPhone integration is coupled with several partnerships with major companies looking to harness the power of blockchain for the first time. Moreover, Klaytn aims to make the mass adoption of blockchain technology as simple as possible. This is achieved by providing the tools and resources required for businesses to easily integrate blockchain applications and services. Also, Klaytn has introduced Klaytn Wallet to easily navigate the Klaytn network, alongside various other wallets and apps.
The WAX blockchain is the brainchild of the Worldwide Asset eXchange, and is dedicated to the creation, selling, and trading of non-fungible tokens (NFTs). WAX is also behind the WAX Advisory Council, featuring members from multi-billion dollar companies and global gaming brands. Using an innovative tokenomic model, WAX creates incentives for all WAX token holders within the community, with the potential to use the WAX Protocol Token (WAXP) to earn a passive income. Also, WAX blockchain offers simple development options to design and deploy decentralized applications (dApps). Some of these dApps include decentralized marketplaces and NFT creators for users to mint their own WAX NFTs.
WABI seeks to facilitate a fair transfer of value between brands and consumers across the fast-moving consumer goods (FMCG) industry. This enables brands to save money on marketing while rewarding consumers for participation. The WABI ecosystem connects brands with consumers to create a win-win scenario that is changing spending habits and consumer behavior. With WABI and the Taeltech platform, not only does user participation provide useful insights for brands, but it also rewards consumers with WABI tokens. This mutually-beneficial cycle is at the core of the WABI ecosystem and is proving to be a successful solution for incentivizing consumers to participate. Furthermore, users can earn WABI token rewards simply by scanning barcodes, filling out surveys, scanning labels, and referring new customers.
My Neighbor Alice has recently seen a fresh surge of interest, along with an increased presence on various social media platforms. Also, the ALICE token has been trending on CoinGecko and promoted across several Binance marketing campaigns. Decentralized gaming has become more prevalent following the rise in popularity of non-fungible tokens (NFTs). But, why has My Neighbor Alice gone viral in the crypto community, and, what is My Neighbor Alice doing to attract and maintain so many users?
Terra is a smart contract-enabled blockchain that harnesses the utility of the Cosmos project CosmWasm’s technology. Powered by the native Terra LUNA coin and the TerraUSD coin (UST), the Terra blockchain has become a compelling building ground for blockchain-based applications. Terra has created an all-in-one payment solution using a variety of user-friendly tools to enable businesses to implement blockchain technology to accept and automate Terra payments without intermediaries. Furthermore, Terra utilizes a dual coin system to incentivize arbitrage opportunities. This has helped contribute to the growth and adoption of the Terra network and both the LUNA coin and the UST coin. Also, Terra is responsible for the development of several successful crypto projects, including Mirror Protocol and Anchor Protocol. Moreover, the success of these projects has incentivized the rapid adoption of the Terra LUNA coin.
Filecoin is a blockchain-based, decentralized storage network, powered by the Filecoin token (FIL). Following a successful initial coin offering (ICO) fundraising round in 2017, the mainnet was launched in late 2020. Since then, Filecoin has seen immense success and media attention in the crypto community. So, what is Filecoin doing to become so popular? Perhaps it’s because Filecoin allows users to monetize spare storage on their hard drive, and earn a passive income with crypto. Or, maybe it’s because Filecoin has designed protocols with a lot of potential for the future. Let’s find out!
eChain is a blockchain-powered solution for supporting various business processes. Renowned for blockchain-based supply chain management services, VeChain keeps track of each stage of the chain, ensuring quality and compliance measures are adhered to. VeChain uses physical tracking devices to track each stage of the supply chain. With records held on a transparent immutable ledger, this ensures that goods and materials reach their destination without being tampered with. Powered by the VeChain (VET) token, the VeChain Foundation is helping to bring digitally verifiable provenance to supply chains. This is achieved with the help of the VeThor Token (VTHO) and the proprietary VeChainThor blockchain. But, what is VeChain doing to become so popular? VeChain is pioneering blockchain supply chain management, carbon credits, and anti-counterfeiting services.
Harmony is an interoperable sharding protocol offering a two-way Ethereum bridge. Powered by the Harmony One token (ONE), the Harmony blockchain is an independent blockchain designed to enable ultra-fast transactions and interoperability as an advanced layer-2 solution for Ethereum. Harmony makes it easy for developers to build and scale creative, intuitive decentralized applications (dApps) that enable frictionless, cross-chain token swaps.
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