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OKX Lite is here to make trading and earning on crypto easier than ever before

VICTORIA, Seychelles, Sept. 23, 2022 (GLOBE NEWSWIRE) — OKX, the world’s second largest cryptocurrency exchange, today announced the launch of OKX Lite, a simplified version of its trading app that makes it easy for users to buy, sell, swap and put their crypto to work. With a more streamlined look and feel than the version aimed at experienced traders, OKX Lite aims to meet the expectations of HODLers and those new to trading by offering streamlined access to the features that matter most. These include: Buying, selling and swapping with just a few taps Making on and off-chain transfers (sending and receiving) Staking crypto to earn on assets The ability to monitor market movements while on the go Access to the $10,000 Mystery Box referral program The launch of OKX Lite comes in the immediate wake of the company launching its first global brand campaign, entitled “What is OKX?”. The launch of the campaign signaled the exchange announcing itself to the world, while OKX’s partnerships with prominent sports and entertainment institutions like Manchester City FC, McLaren Formula 1 and the Tribeca Festival have introduced both OKX and the world of crypto trading to a whole new audience. OKX Lite affords these users a safer and simpler entry into the world of crypto trading, helping them avoid getting out of their depth as they enter the space. With its launch of OKX Lite, OKX is also furthering its commitment to promoting responsible trading, broadening access to crypto and removing barriers to financial freedom. As users of OKX Lite gradually develop their crypto trading expertise, the OKX app will allow them to grow in the way they interact with it, eventually allowing them to utilize it like an experienced crypto trader. Haider Rafique, Global Chief Marketing Officer, OKX, said: “OKX Lite is our way to give traders and investors the easiest and most enjoyable way to plan, build and manage a crypto portfolio. When you look at our new UI, it may remind you of your traditional brokerage app, with upgrades that really enhance the day-to-day crypto experience. The ability to transition smoothly between Lite, Pro, and Wallet mode is designed very intentionally. We hope our customers not only enjoy the sleek new UI, but that this upgrade helps them smoothly transition between these three modes, which have been introduced very deliberately.” Those who join OKX now can also invite their friends to win Mystery Boxes worth up to $10,000. Find out more about OKX Lite here. Ready to go Lite? Get started here. For further information, please contact:Media@okx.com About OKXOKX is the second biggest global crypto exchange by trading volume and a leading web3 ecosystem. Trusted by more than 20 million global customers, OKX is known for being the fastest and most reliable crypto trading app for investors and professional traders everywhere. As a top partner of English Premier League champions Manchester City F.C., McLaren Formula 1, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new financial and engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3. Beyond OKX’s exchange, the OKX Wallet is the platform’s latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens. To learn more about OKX, download our app or visit: okx.com

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The world’s first Volunteer and Reward (V&R) model brought by Maxity for all volunteers

Recently, Maxity, the world’s first Web3 social impact protocol, has announced the innovative creation of the pioneering Volunteer and Reward (V&R) model which will be integrated into its Symbiotic Metaverse. The model is to attract more people from around the world to participate in volunteering and solve social issues, with the help of Web3 and blockchain technology. It is also aimed to bring revolution and systematic upgrade to both the traditional internet industry and the blockchain industry. We have all seen the infamous Play to Earn model, allowing gamers to play games while earning a living at the same time. Sounds wondrous? Not Really. The 625M hack on Ronin Bridge resulting in Ronin suspending withdrawals of players money, plummeting of AXS and SLP and eventually players losing thousands, even millions. This according to Bloomberg, made Web3 seems like “a sketchy financial instrument while hackers prey on everyone involved”. Web3, the inevitable future that will change and shape the world at an unprecedented rate, as you may see is currently being used to exploit money out of users, scarring users instead of welcoming them to embrace the world of blockchain. For example, we have all seen some Move-to-Earn models failed to make it through the death spiral of the crashing price of sneakers and tokens. It seems that all “X 2 Earn” models that claim to repay users in as quick as a few months or even weeks are all Ponzi schemes. Therefore, it is noteworthy that how Maxity’s Symbiotic-Metaverse-based V&R model is to solve this critical issue and it is worth looking forward to how the model will attract more people to get involved in volunteering and solve all kinds of global sustainability issues. Why Volunteer and Reward (V&R)? The birth of the world’s first V&R model was announced during the VIP event hosted by Maxity at the House of Lords in London in late June. The model will be integrated in the future development of Maxity’s Symbiotic Metaverse where businesses and individuals can make direct interactions and transactions free of third parties. At the beginning, Maxity named the model as Volunteer-to-earn to allow better understanding for users. However, through thorough research, it has come to realisation that volunteer to earn model has a certain conflict to the original purpose of voluntary activities. It imposes a negative influence on positive charitable events, while volunteer and recognition does not classify as powerful incentivisation. Therefore, Volunteer to earn model is optimised to Volunteer and Reward. Looking at the statistics, there are more than 1B volunteers worldwide, exceeding the number of unemployed people, indicating even low income, unemployed people squeeze out time to do charities work. It is the human deepest desires to give back to the community. By volunteering in various events, it brought purposes, improves physical and mental health and at the same time expanding our network. V&R model, brought by Maxity acknowledges the importance of volunteering, especially due to Covid-19 which forces closures of industries and schools, widens social inequalities and global poverty, restricting offline volunteering events. Various NGOs and charities are facing issues on motivating people to volunteer and encouraging them to spend more time and energy on charitable events to solve social problems. This is when V&R steps in to be an incentivisation tool of NGOs and charities. V&R, relaying earning a living through volunteering, incentivises users to do charities works by turning all volunteering events into rewarding experience. This model innovates the meanings of Web3 industry, the long-term stable dividend allows the sustainable development of this incentive mode, which motivates a lot of charitable users join the blockchain world and solve social issues with sustainability. How do volunteers get rewards from Maxity? Maxity changes the volunteers’ behavior by letting them join the metaverse and work in it for the charity. Various kinds of charities publish different charity tasks on the virtual land in Symbiotic Metaverse based on the issues they aim to solve and set rewarding standards together with Maxity. Volunteers worldwide holding Avatar NFTs of Symbiotic Metaverse can start claiming charitable tasks, each completion comes with certain rewards. The rewards come in 2 forms, Max Token (native token of Maxity platform) and MAXI Token (Volunteer and Reward token). For example, one charitable organisation on Symbiotic Metaverse holds a volunteer event with participants from all over the globe. Each participant must accomplish certain tasks, either through offline or online mode. The experience of volunteer activities is designed to be captivating with creative method using AR technology (imagine Pokémon Go). Completing the tasks brings them rewards that helps charities and volunteers. The rewards can either come from Maxity or organisations that have settled in Symbiotic Metaverse, e.g., charities, governments, etc. MAXI token is rewarded according to the participant’s contribution. With MAXI token, members are able to exchange metaverse devices, upgrade virtual lands utility, construct buildings, etc. All the utility, buildings, land comes in the form of NFTs and are tradeable on Maxity NFT marketplace. Maxity has customised the ROI ratio of the Avatar NFTs and the V&R model reasonably. Incomes from investments by governments and enterprises and the return elasticity brought by the Web3 industry dividend guarantees the sustainable operation of the V&R model without the fear of capital shortage, which resolves the short life cycle issue in Play-to-earn models. To summarise, the world’s first Volunteer and Reward model created by Maxity aims to be a Web3 application that combines innovativeness and social responsibility and break the doom of X-to-earn models. The model will attract lots of Web2 users and volunteers from the globe to join Web3 industry, which could, to some degrees, change people’s prejudices to the blockchain industry and allow the blockchain technology to serve the society better, revolutionize the traditional internet industry, and achieve a systematic upgrade. Join Maxity Now: Official Website: https://maxity.io Twitter: https://twitter.com/Maxity_io Discord: https://discord.com/invite/XtMkVFacUd Instagram: https://t.me/+s8COVNefJwwyODk8

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OKC Improves Interoperability with New Features; Announces Support for ETHW Airdrop

The new features on OKC include IBC transfers, OKC Swap and OKC bridge upgrades Users who hold ETHK on OKC will receive both ETHW and OKT via airdrop if a fork occurs as a result of the ETH Merge VICTORIA, Seychelles, Sept. 13, 2022 (GLOBE NEWSWIRE) — OKC (OKX Chain), the programmable smart contracts platform backed by leading cryptocurrency platform OKX, has launched new features including IBC transfers and announced that OKC users stand to receive both airdropped ETHW and OKT following the ETH Merge. IBC TransfersOKC’s inclusion of the IBC protocol has opened a bridge between OKC and other public chains that support the IBC protocol. This allows users to transfer assets between OKC and other chains more efficiently. OKC also partnered with Tether this year. OKC’s IBC interoperability and EVM compatibility allow users to enjoy the benefits offered by both the IBC (on Cosmos) and EVM (Ethereum) ecosystems. The new feature also offers developers the opportunity to build with the IBC Relayer and participate in OKC supernodes to share node output. Chaige Li, OKC Ecosystem Lead, said: “At OKC, we believe that cross-chain and multichain interoperability is the future of the blockchain. That is why our team is constantly working towards establishing better interoperability without compromising either scalability or security. Powerful new features like IBC allow us to take steps towards this, while also bringing us closer to our vision of a multichain network that delivers equal opportunity to all.” OKC SwapIn the crypto market, when large orders are placed for an asset with limited availability, there is an increased likelihood of price slippage. OKC Swap is an official DEX, backed by OKX, which delivers safe and stable swaps with reduced slippage. OKC Bridge UpgradeOKC is also launching a bridge upgrade that allows every user who bridges over 100 USD worth of any supported token to OKC to receive OKT in an airdrop. Find out more about the above features here. ETHK Holders to Receive ETHWOKC will also support the new assets that may result from September’s Ethereum Merge. Users who already hold ETHK, which is the wrapped version of ETH on OKC, will receive an equivalent amount of ETHW automatically via airdrop if a fork occurs. Users who import assets into the Web3 wallet before the Merge will also receive enough free OKT to pay for 10,000 transactions on OKC. Find out more here. For further information, please contact:Media@okx.com About OKX Chain OKC (OKX Chain) is an EVM-compatible L1 built on Cosmos with a focus on true interoperability (IBC) and maximized performance. At high scalability, developers can build and scale with low gas fees. The OKC ecosystem and infrastructure, including the all-in-one multi-chain Web3 interface, enables a seamless experience for both developers and users. Find out more about us on: https://okx.com/okc. 

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Vietnam aim to bolster the research and application of blockchain technology solutions to every economic aspect.

According to Decision No. 343/QD-BNV approved by the Vietnamese Ministry of Home Affairs on April 27th, 2022, Vietnam Blockchain Association was established. It became the first organization with a legal entity for blockchain technology researchers and product developers in Vietnam. The Inaugural Ceremony was held on May 17th, 2022 in Hanoi. It marked the official start for the Association, announced its official Executive Committee, and the principles and the directions for future activities. The focus of the event was on the series of Action Programs that promote blockchain technology’s application in a digital economy and leverage Vietnam’s position on the global technology map. The Action Programs aim to bolster the research and application of blockchain technology solutions to every economic aspect. Vietnam Blockchain Association’s Inaugural Ceremony Vietnam has witnessed the rapid introduction and development of Blockchain technology in recent years. As the number of enterprises, researchers, and engineers pursuing the technology increases, the need for connection, collaboration, sharing, and support also increases. Therefore, an official organization with a complete legal entity to adapt to the Vietnamese Blockchain community’s expansion speed and strong development goals is vital. Vietnam Blockchain Association will bridge the Vietnamese Blockchain community with the Government agencies to build a legal framework for the Blockchain industry, aligning with the nation’s plan to develop a digital economy. At the same time, the Association will be the hub for Blockchain enthusiasts to research, experiment, evaluate, standardize, and foster the application of Blockchain technology in Vietnam.  Cooperation Announcement Ceremony The Association’s missions are: To establish and develop a sustainable relationship with global Blockchain organizations and community; to share insights and resources for in-depth research, experiment, and application of Blockchain, as well as developing products and services and conducting business in compliance with Vietnamese law; to attract investment to blockchain industry activities, and develop high – quality human resource in digital technology.  At the Ceremony, Mr. Tran Van Tung – Deputy Minister of the Ministry of Science and Technology remarked: “Hopefully the Association will utilize its resources for technology and science projects in blockchain so Vietnam can create outstanding products, become an active player in the global blockchain market, and nurture the industry talents for the future.” Mr. Hoang Van Huay – Vietnam Blockchain Association Chairman, shared the Association’s vision: “Vietnam Blockchain Association is committed to raising the community awareness and providing consultation on building legal framework, regulations, and standards in developing services and products on Blockchain. We hope to see many enterprises and individuals joining us to grow the Association into a strong organization to accelerate the growth of blockchain technology in Vietnam.”

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Injective Protocol Launches Mainnet, $120M Incentive Program

Injective Protocol Launches Mainnet, $120M Incentive Program

Key Takeaways Decentralized derivatives exchange Injective Protocol has announced launch of its mainnet. To accompany the mainnet launch, Injective is also releasing a $120 million program to incentivize liquidity provisioning and trading. The program will allocate the funds to market makers and traders who utilize the protocol based on their activity. Share this article Injective, a cross-chain DeFi protocol for derivatives trading, has announced the public launch of its mainnet today. It’s also rolling out a $120 million liquidity incentive program for traders, market makers, and DeFi projects.  Derivatives Trading Protocol Injective Heads to Mainnet Injective Labs has announced the mainnet launch of its derivatives exchange.  Injective Protocol is a Layer 2, cross-chain protocol for decentralized derivatives trading. It’s built on top of the Tendermint consensus engine using Cosmos-SDK. The Injective decentralized exchange lets users permissionlessly create and trade spot and derivatives crypto instruments across different chains with zero fees and instant transaction finality. Injective Labs claims that the exchange is fully decentralized. It’s also built to be fully trustless, censorship-resistant, transparent, and interoperable while providing a comparable user experience to that found on centralized exchanges. In a press release, Injective Labs co-founder and CEO Eric Chen said of the launch: “Our mission at Injective has always been to build the most powerful cross-chain protocol for completely decentralized derivatives trading. As Injective interconnects new chains, the ecosystem will continue to serve as a DeFi gateway for trading across the multi-chain universe. Injective’s Ethereum-native tooling allows users to simply create and trade new cross-chain markets without the typical roadblocks associated with making transactions across distinct blockchain networks.” To accompany the mainnet launch and promote liquidity provisioning and trading on the protocol, the team has also announced the launch of a $120 million protocol incentive program named Astro. It’s the largest incentive program to date within the Cosmos ecosystem. According to the announcement, the program will allocate the funds to market makers and traders who utilize the protocol based on the volume of their activity. The launch comes during a busy year for Injective Labs. In April, the firm raised $10 million at a $1 billion valuation from some of crypto’s most well-known venture capital firms, including Pantera Capital, BlockTower, Hashed, Cadenza ventures, and CMS. Shark Tank host and Dallas Mavericks owner Mark Cuban also backed the project. Injective’s decentralized exchange has also seen significant adoption, counting over $1 billion in average daily trading volume across 25,000 unique monthly users. Besides exotic financial instruments, the protocol has also added support for commodities, forex, and synthetic stocks trading in 2021. Share this article The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information. You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities. See full terms and conditions. DeFi Project Spotlight: Injective Protocol, a Derivatives DEX Injective Protocol is a decentralized derivatives project that offers fast transaction speeds, deep liquidity, and front-running protection. The project makes up part of the growing DeFi ecosystem that is being… Injective Raises $10 Million for Robinhood Alternative Decentralized derivatives trading platform Injective Protocol has raised $10 million in its latest round of funding. Injective Raises $10 Million Injective Protocol has raised $10 million from some of crypto’s… A Guide to Yield Farming, Staking, and Liquidity Mining Yield farming is arguably the most popular way to earn a return on crypto assets. Essentially, you can earn passive income by depositing crypto into a liquidity pool. You can think of these liquidity… After FAANG Stocks, Injective Protocol Lists GameStop Decentralized exchange (DEX) Injective Protocol has rolled out the first decentralized and commission-free futures trading of GameStop (GME) stock. Injective Competes With US Brokerages  Injective has listed GME futures trading…

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What Are Polkadot's Parachain Auctions?

What Are Polkadot’s Parachain Auctions?

Key Takeaways The Polkadot ecosystem will host projects on individual networks called parachains. The first Polkadot parachain auction is set to begin Nov. 11. Acala, Moonriver, and Phala are three standout projects hoping to launch on Polkadot. Share this article The Polkadot ecosystem is preparing for one of its biggest events to date: the launch of parachain auctions.  Polkadot Prepares for Parachain Auctions  Layer 1 smart contract platforms like Solana, Avalanche, and Cardano have exploded in recent months. Polkadot is a similar network with big potential, but it takes a different approach to other Layer 1 blockchains by allowing for multiple chains known as parachains to be built onto the Polkadot network. Polkadot’s founder Gavin Wood touts the network as “a bet against blockchain maximalism.”  The Polkadot network is comprised of a core relay chain to which several parachains connect. Each parachain acts a separate blockchain but comes with built-in interoperability with all other parachains on Polkadot. Parachain slots are limited, so competition is fierce over which projects will be able to secure them through the parachain auctions.   The upcoming parachain auctions are a key steps towards Polkadot achieving its mission to become a scalable multi-chain network. This feature explores parachain auctions and some of the most prominent projects that could be joining the network in the coming months.  What Is Polkadot? Polkadot’s name itself goes some way to explaining how the project works. The Polkadot network can be thought of as an array of circles on a canvas, where each circle represents a different project. Polkadot is the base layer each project is built on. Projects that connect to Polkadot will be interoperable with one another, and every parachain will leverage the security of the Polkadot network while maintaining its own governance structure. Additionally, Polkadot says it is “future-proof” because it can upgrade without hardforks (other similar blockchains like Ethereum regularly complete hardforks for major upgrades).  Polkadot’s Relay Chain launched its mainnet in May 2020, and its DOT token is currently the eighth largest cryptocurrency by market capitalization. Prior to launching Polkadot, Wood played a major role in the development of Ethereum and Solidity, the programming language for apps that run on Ethereum. He went on to set up the Web3 Foundation and Parity Technologies, the teams behind Polkadot, Kusama, and the Substrate programming language.  Polkadot is frequently described as an “Ethereum killer,” though Wood has previously disagreed with this characterization. He recently said that just as one should not bill Microsoft as a Chrysler killer, one should not bill Polkadot as an Ethereum killer.  Polkadot has four main components: the Relay Chain, parachains, parathreads, and bridges. The Relay Chain can be thought of as Polkadot’s heart. Parachains connect to it when they join the network. The Relay Chain itself does not support smart contracts and it only handles a small number of transaction types such as staking. The slots parachains connect to are similar to cores on a computer processor. Bridges, meanwhile, connect parachains and parathreads to external networks such as Ethereum. Parachains are individual blockchains. Parachain auction winners can lease a slot for up to two years. Parathreads, meanwhile, allot eligibility for up to six months on a pay-as-you-go basis.   To achieve consensus, Polkadot needs to fill four roles: nominators, validators, collators, and fishermen. Nominators stake DOT to validators they deem as trustworthy in order to secure the relay chain. Validators also make sure that every parachain “state” sent by collators is correct. Collators maintain parachains and participate in consensus. Fishermen report bad behavior to validators; the role can be filled by both collators and parachain nodes.  What Are Parachain Auctions? The parachain slot auction process was initially tested on Kusama, Polkadot’s Canary Network. On Oct. 13, the Polkadot community approved a proposal to launch parachain auctions. They’re set to commence Nov. 11, with an initial 11 slots due to be auctioned. Eventually, Polkadot is expected to host 100 parachains in total.  The first 11 auctions will be split into two batches: the first batch will be auctioned weekly from Nov. 11, while the second batch will be auctioned fortnightly from Dec. 23. Each auction will last seven days.  The auctions will adopt a modified version of the candle auction format. The winner of each auction will be determined by which project has the most DOT backing it at a randomly selected point. Polkadot will use this methodology to prevent last-minute bidding wars. Parachain auctions can reward leases of up to two years, while leases up to six months are available for parathreads.  Initial Parachain Offerings Many different types of projects can run on a parachain. These include DeFi applications, digital wallets, Internet of Things applications, GameFi projects, and Web 3.0 infrastructure.  As the winning parachain slots go to projects with the highest DOT contribution at the end of the auction, many projects are unable to contribute enough DOT to secure a slot. This is where crowdloans come in.  The so-called “Initial Parachain Offering” (a play on Initial Public Offering for equities) allows DOT holders to contribute funds to a project they want to support, as long as they live in a region that is not restricted from participating in the crowdloan. Many crowdloans have already taken place on Kusama, with hundreds of projects hoping to integrate onto the Polkadot network. It is worth noting that the Web3 foundation could potentially influence the projects that win slots through grants or DOT contributions—it’s already funded several Polkadot projects.    Some projects have adopted strategies such as rewarding DOT contributors through airdrops. Any DOT contributed to a project for an auction gets locked until the lease expires. At that point, the project has the option to enter a new auction to win the slot again.  It is worth noting that Polkadot also has its own “Common Good Parachains.” Slots can be allocated if it is perceived to benefit the overall network, “without requiring a bond, in perpetuity.” Such slots might be filled by a sophisticated governance chain or bridges. …

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The Graph Announces Beta Integration with NEAR Protocol

The Graph Announces Beta Integration with NEAR Protocol

Key Takeaways Blockchain indexing protocol The Graph has announced its beta integration with NEAR Protocol. Proponents hope this will increase decentralization, further paving the way for Web3. The Graph has integrated with several blockchain protocols this year. Share this article The Graph, sometimes described as a “search engine” for blockchains, has announced its beta integration with NEAR protocol, a scalable, inexpensive Layer 1 blockchain. NEAR is among several blockchains The Graph has integrated with so far, with others including Solana, Binance Smart Chain, and Celo.  The Graph Incorporates Yet Another Blockchain The Graph, an indexing protocol designed to organize public blockchain data and make it accessible to consumers, has announced its beta integration with NEAR Protocol, a Layer 1 blockchain protocol that promotes itself as a scalable, less expensive alternative to Ethereum. NEAR is The Graph’s first integrated protocol that does not use the Ethereum Virtual Machine, which can be thought of as a global processor that developers can use to create and execute Ethereum-compatible smart contracts and dApps. This will allow developers on NEAR to have access to The Graph’s blockchain data indexing, and Indexers will be able to establish and run subgraphs for indexing data to NEAR’s protocol.  NEAR’s indexing and query layer can now become decentralized, like its blockchain layer. This integration between NEAR and The Graph might serve as a further step towards a multi-blockchain future. It is hoped that the integrations will allow developers to spend more time working on their core product, rather than having to maintain a custom indexing infrastructure.  On today’s announced integration, Erik Trautman, CEO of the NEAR Foundation, said: “We started NEAR with the goal of enabling more creators to build on blockchain and to create a more innovative and equitable web infrastructure. Integrating with The Graph is an important milestone for NEAR as we continue to eliminate barriers for developers working toward a decentralized web.”  This is not The Graph’s first major integration this year. In February, The Graph Foundation initially announced its plans to integrate with NEAR, as well as with Polkadot, Solana, and Celo. The next month, The Foundation announced its support for Binance Smart Chain.  The Graph was built to be a critical component of Web3, which proponents conceive of as a decentralized Internet built on blockchains. The Graph allows for more efficient searches of blockchain data across different blockchains (such as trading volume data for an automated market maker like Uniswap), and its network consists of Indexers that serve such queries on blockchain data. In other words, the Graph helps developers find and use data on blockchains. There are roughly 23,000 developers in The Graph ecosystem. NEAR is a blockchain on which developers can build decentralized applications, like Ethereum. In contrast to Ethereum, though, it is meant to be quicker, less expensive, and “climate-neutral.” Today’s integration with The Graph comes at the start of NEARCON, NEAR’s international conference meant to celebrate the progress in the NEAR ecosystem. Yesterday, the NEAR team announced $800 million in funding toward cultivating its ecosystem.  Disclaimer: At the time of writing, the author of this piece owned BTC, ETH, and several other cryptocurrencies.  This news was brought to you by Phemex, our preferred Derivatives Partner. Share this article The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information. You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities. See full terms and conditions. The Graph Adds Support for Binance Smart Chain The Graph is expanding to Binance Smart Chain.  The Graph Expands The Graph, the indexing and querying protocol for the Web3 ecosystem, has added support for Binance Smart Chain. Binance… The Graph Code Review: dApps Need Queries Ok, I’m going to tell you right up-front this is some sexy code, but nobody’s perfect so when I go through this, bear in mind I’m looking for things to… The Graph Expands to Polkadot, NEAR, Solana, Celo The Graph is adding support for Polkadot, Solana, and other Layer-1 blockchains. The Graph Expands The Graph will soon be adding support for Polkadot, NEAR, Solana, and Celo. The Graph…

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Avalanche Integrates Ampleforth to Boost DeFi Ecosystem

Avalanche Integrates Ampleforth to Boost DeFi Ecosystem

Key Takeaways Ampleforth has launched on Avalanche. The move will allow DeFi protocols on Avalanche to use the AMPL token as a stable unit of account. Total value locked in DeFi protocols on Avalanche is currently at an all-time high. Share this article Ampleforth has completed its integration with Avalanche, allowing the AMPL token to be used in DeFi protocols on the network.  Ampleforth Arrives on Avalanche Ampleforth is the latest protocol to integrate with Avalanche. Fragments Inc., the development company behind Ampleforth, announced Tuesday that it had joined the rising Layer 1 network. The AMPL token, an Ethereum-born unit of account, can now be used to denominate stable contracts on Avalanche DeFi protocols.  Ampleforth markets itself as a direct competitor to centrally-backed stablecoins. While most stablecoins in the crypto space rely on traditional banks or lenders to back their stablecoins, the AMPL token takes a different approach.  The Ampleforth protocol’s algorithms translate price volatility into supply volatility. This means that while the price of AMPL tends to cycle around $1, the number of tokens in a holder’s wallet increases or decreases depending on whether the network grows or shrinks. This mechanism aims for AMPL to be used as a stable unit of account that is more decentralized than other existing stablecoins. By integrating with Avalanche, DeFi protocols on the network will be able to denominate stable contracts using AMPL tokens instead of existing stablecoins, providing a higher level of decentralization. Evan Kuo, CEO of Fragments Inc., said of the update:  “It is ironic that the DeFi ecosystem currently relies so heavily on centralized stablecoins for liquidity and lending collateral. With the changing regulatory landscape, it’s important for DeFi to have a financial building block that’s decentralized, uncensorable, and has some aspect of price predictability or stability.” For Avalanche, the move comes as the total value locked in DeFi protocols on the network is at all-time highs. Avalanche currently supports $8.6 billion of liquidity on the network and has attracted several DeFi blue chips from Ethereum, including Aave and Curve.  Since August, Avalanche has rallied to new highs along with several other chains amid a boom among Layer 1 ecosystems. The EVM-compatible network has climbed quickly and is now ranked 13th by market capitalization.  Disclaimer: At the time of writing this feature, the author owned BTC, ETH, and several other cryptocurrencies.  Share this article The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information. You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities. See full terms and conditions. Avalanche Meets Resistance After 24% Rally DeFi protocol Avalanche has been in the spotlight after a series of announcements that may have helped push its native token, AVAX, toward higher highs.     Avalanche Reaches Key Resistance… Avalanche Is Launching on Coinbase Pro Avalanche’s native token AVAX will soon be available to a wider audience thanks to a Coinbase Pro listing. Coinbase Pro to List AVAX Avalanche is heading to Coinbase Pro. In… How Bumper’s Price Protection Helps DeFi Users Earn Yield on Their A… Is it possible to build a DeFi protocol that counters crypto’s inherent volatility while also letting holders enjoy the upshot of their assets? Bumper Finance is a DeFi price-protection protocol that aims… Avalanche Breaks All-Time High on News of $230M Raise Avalanche has closed a $230 million funding round led by Polychain Capital and Three Arrows Capital. Leading Crypto Investors Back Avalanche Ecosystem Avalanche has landed a $230 million investment to…

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FRET: Future Real Estate Token That You Shouldn’t Miss Out On

The FRET or Future Real Estate Tokens are concentrated in Germany in the European Union. It’s also focusing on expanding across the globe to provide immense opportunities in real estate to ordinary people. Intending to revolutionize real estate, the developers build a robust token with high-security standards. The FRET allows users to access 24/7 trading facilities. Moreover, it also supports managing liquidity and capital raise. The key features of FRET are strong security standards, flexibility, and transparency. The FRET solves the primary problem in real estate or illiquid assets(such as cars, properties, arts, etc.) such as high transaction fees and longer transaction periods. The commissions or taxes across the globe for illiquid assets range from 20% to 30%. However, FRET made real estate easier and convenient by allowing 24/7 trading with immediate transactions. Also, it has lower transaction fees which attract most investors. Since FRET is launching the presale, hurry up to buy enough coins to enjoy colossal benefits. Also, grab the highest number of rewards to attain maximum financial freedom. Benefits of FRET A few benefits of FRET include the following: Minimal to zero transaction fees. Easier and fast transactions. Hassle-free trading across the globe within a few moments. Guaranteed security. High transparency. Dedicated team and robust technology. Practical and distinct goals. 2% of transaction fees are offered to the account holders. How To Purchase Future Real Estate Here’s the detailed information about how to purchase FRET. All you need to do is follow the step-by-step guide carefully. First of all, download and install the MetaMask or Trust Wallet applications. Next, buy BNB tokens and send them to your wallets(Either Metamask or Trust Wallet)). Then, navigate to the Futuretoken.io homepage and tap on the button, “BUY Futuretoken.” After completing the presale, it opens a token exchanging platform called “PancakeSwap.” Sync your wallet to this PancakeSwap. Now, decide the number of future tokens you’d like to buy and set them. After that, put the slippage to 5%. Finally, click on the swap button to purchase future tokens. FRET Tokenomics: Token Ticker: FRET Network: BSC(NEP-20) Total Supply: 100 Billion FRET Transaction fee: 5%(Charity: 1%, Token Holders: 2%, Liquidity: 2%) Token Distribution: FRET Team: 10% Marketing and Future Projects: 10% Liquidity: 40% Presale on DX: 35% Burn: 5% to 10% Contact Instagram: https://www.instagram.com/futurerealestatetoken/ Telegram: https://t.me/futurerealestatetoken Twitter: https://twitter.com/FutureREtoken Official Website: http://www.futuretoken.io/

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Polkadot Community Approves Parachain Auctions

Polkadot Community Approves Parachain Auctions

Key Takeaways The first Polkadot parachain auctions will begin in November. The move is seen as a major step toward enacting multichain interoperability. DOT token is responding to the news. Share this article  A proposal for Polkadot’s first parachain auctions was approved by its community today. These parachains are said to be the “last piece of core functionality” needed for Polkadot to realize its goal of multichain interoperability. Polkadot Community Approves Proposal for Parachain Auctions Polkadot, a Layer 1 project promising to make blockchain networks interoperable with one another, took a major step toward that goal today by voting to approve a proposal to launch its first parachain auctions.  The proposal was introduced on Polkadot’s community governance discussion platform, polkassembly.io, by Web3 Foundation member Joe Petrowski. He laid out that, given the success of Kusama’s parachains, as well as Parity’s public assessment that “the code for parachains, auctions, and crowdloans is ready for an initial production release,” Polkadot should be ready for this critical move.  Parachain auctions decide which blockchain projects will be selected to receive one of Polkadot’s parachain “slots,” of which there are only a limited number that can only be changed through a governance vote. The winners of these slots win the right to develop a parachain integrated with Polkdot’s main blockchain.  The winners of the auctions are determined not by the highest bidder at the time the auction ends, but rather by who was the high bidder at a randomly selected point in time during the auction’s duration that cannot be known until the auction is complete.  There will be 11 parachain auctions divided into two batches. The first batch will start on Nov. 11, with one auction per week, and the second batch will begin on Dec. 23, with one auction every two weeks. In both cases, the auction duration will be seven days.  When asked last month about the timeline for parachain auction launches, Polkadot co-founder Gavin Wood said, “It’s really just up to the governance of Polkadot… I can’t flick the switch myself.” In a nod to the nimbleness of the Polkadot governance community, just yesterday Wood tweeted:  “Whereas other chains take months or even years to deploy an upgrade, Polkadot and Kusama Network created, voted and deployed new logic on to the chain within 8 hours. All going through a secure, stakeholder-governed decentralized process.” Polkadot’s native DOT token has responded, up over 17.5% at the time of writing. Trading volume is up over 100% in the last 24 hours.  Polkadot is a protocol that enables different blockchain networks to work together. Parachains individual Layer 1 blockchains that run parallel to the Polkadot Relay Chain, where their transactions are finalized. Parachains make interoperability between blockchains possible by connecting their architecture. Currently, there are roughly 100 parachain slots available on Polkadot.  Kusama is an experimental blockchain that has been used to prepare Polkadot for parachain auction launches. (Disclaimer: At the time of writing, the author of this feature owned DOT, BTC, ETH, and several other cryptocurrencies.) Share this article The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information. You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities. See full terms and conditions. Polkadot Launches ‘Canary Network’ To Test Blockchain Inte… An early version of Polkadot has been released today, allowing developers and the broader community to experiment with new features ahead of the mainnet launch. Known as Kusama, the network… Polkadot Integrating Chainlink, First Non-Ethereum Blockchain Supporte… Chainlink is getting integrated on Polkadot, making it the first blockchain besides Ethereum to utilize the oracle platform. Polkadot to Use Chainlink Oracles Polkadot, a scalable blockchain for cross-chain applications… Polkadot Goes Live After Three Years of Development Polkadot has gone live with its first “chain candidate,” a nearly-complete version of its blockchain. The blockchain has been under development since 2017, at which time it raised $140 million… What is Impermanent Loss and How can you avoid it? DeFi has given traders and investors new opportunities to earn on their crypto holdings. One of these ways is by providing liquidity to the Automated Market Makers (AMMs). Instead of holding assets,…

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Five Play-to-Earn Crypto Games to Look Out For

Five Play-to-Earn Crypto Games to Look Out For

Key Takeaways NFT-powered play-to-earn games have quickly risen to become the fastest-growing sector of the crypto economy. The play-to-earn model has stolen the spotlight from traditional games because of the built-in incentives that shift power from game publishers and toward players. With more than 3.2 billion gamers around the world, blockchain games are set to become one of the primary drivers for mainstream crypto adoption. Share this article The rise of NFT-powered blockchain games has transformed the gaming industry by making the players the primary financial beneficiaries and decision-makers in the ecosystem. Play-to-earn gaming looks set to be one of the biggest drivers for mainstream crypto adoption over the coming years, which is why Crypto Briefing has compiled a list of the most anticipated titles to help readers stay ahead of the curve.  Top Five Forthcoming Play-to-Earn Games  The rise of NFTs and the massive success of Axie Infinity, the most popular blockchain game to date, have propelled the play-to-earn model into the spotlight of the gaming space this year.  Axie’s native token AXS has rallied over 2,000% since the beginning of July and is currently boasting a market capitalization of around $7.6 billion. With more than 2 million daily active players, the game is currently one of the top revenue-generating protocols in crypto, second only to Ethereum, with more than $850 million in revenue generated from in-game transactions over the last 12 months.  Axie’s rise has revealed the demand for crypto-based, player-owned games where the actual financial beneficiaries and decision-makers are not the game developers or publishers. Instead, they are the players. With that, a new breed of games was born—one where players can own and freely trade in-game assets and characters to earn instead of spending money on updates. Several play-to-earn blockchain games have launched over the last year. While some flopped, others like Gods Unchained, CryptoBlades, Splinterlands, and Arc8 have gained huge momentum. Many of those who started playing these games early made significant profits, prompting crypto speculators and gamers alike to start looking for the next big hit. The following list details five of the most promising titles to date.  Lightnite Headshotting enemy players might be one of the coolest ways to stack sats, and that’s precisely the joy this game provides. Developed by Satoshi’s Games, Lightnite is a Fortnite-like online multiplayer battle royale game where every in-game interaction between players triggers a monetary reward or penalty. The Beta version is already live, whereas the full version is scheduled for release in November 2021. Lightnite implements an exciting twist on the play-to-earn model because its monetary incentives go two ways: players who outskill others in PvP combat can earn Bitcoin, while those who get shot are penalized and lose Bitcoin. Lightnite leverages Bitcoin’s Layer 2 solution Lightning Network to integrate microtransactions in the game. Every player has an in-game balance that increases in real-time when he shoots other players or picks up valuable items and decreases when he gets shot or dies. Players can withdraw their balance into their own wallets when they exit the game and then save it or spend it on whatever they’d like, real-world and in-game items included. The Sandbox Developed by Pixowl Inc., Sandbox is a virtual world that lets players build, own, and monetize their gaming experiences on the Ethereum blockchain. Sandbox players can buy and own land, develop their own games and in-game virtual worlds, and trade in-game items such as NFT tickets to in-game concerts and amusement parks. Sandbox’s goal is to disrupt existing games like Minecraft and Roblox by providing the players and in-game creators with ownership of their creations in the form of NFTs and rewarding them for their ecosystem contributions. A limited Beta version of the game is already live, while the launch of the first open alpha is scheduled for late 2021. The limited real estate of Sandbox’s in-game territory is called LAND. It can be purchased with the in-game currency SAND, which is already issued and has a current market capitalization of roughly $697 million. Moreover, players can also trade NFTs representing all kinds of metaverse items, including avatar skins or merchandise sold in player-owned in-game stores. Notably, while Sandbox is still in development and estimated to launch in late 2022, several big names like the Winklevoss twins and Atari have already bought large plots of LAND in the game. Star Atlas Star Atlas is arguably the most anticipated blockchain game to date. It’s a space-themed, grand strategy video game set in the year 2620, built on the Solana blockchain using the groundbreaking Unreal 5 video game engine to provide cinema-quality real-time environments. Judging by the trailers, Star Atlas could be a visual spectacle.  Players will captain deep-space, crewed spaceships across an open world of galaxies to discover various celestial and terrestrial assets. Once found, these assets can be mined, refined, and traded on the Universal Marketplace. The game will feature two in-game currencies called ATLAS and POLIS, NFT-based asset ownership, built-in DeFi via the Serum decentralized exchange, and on-chain governance models like DAOs to power in-game political organizations like guilds and alliances.  Star Atlas recalls Entropia Universe or EVE Online, with play-to-earn mechanics thanks to real crypto-powered economies and next-generation graphics. If it lives up to the hype, it’s sure to be one of the space’s biggest success stories.  Illuvium Illuvium is an up-and-coming Pokémon-inspired RPG universe where players will be able to capture so-called Illuvials or NFT-based alien monsters of different affinities, classes, and abilities and battle them against other players to win Ethereum. The game is built on the StarkWare-powered Immutable X platform and is expected to be released near the end of 2021. One of the most unique aspects of Illuvium is that the primary currency for in-game purchases will be Etheruem, while the game’s native token ILV will have nothing to do with the game’s mechanics. Instead, it will serve as a governance and revenue share token. For instance, ILV holders can currently stake their tokens into…

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Popop world: the first mini-game platform on blockchain

Popop world is the first mini-platform based on blockchain ever. It is based on the Polygon blockchain, a scaling solution that provides many tools to improve the speed and reduce the costs of the Ethereum blockchain. Unlike many other gaming blockchain platforms, Popop world is a play-to-earn game that aims to revolutionize the sector of GameFi, creating a sort of social gaming platform where the community plays a central role (SocialFi). It’s not a game only for blockchain players but it’s also very interesting for every game lover. At first sight, it may seem something very similar to other platforms, but it’s not how it seems. That’s why I’m going to tell you the differences that this game has among all the others. Differences with other blockchain gaming platforms Most other gaming platforms based on blockchain offer only one or a few games. Popop world, however, at its launch will have around 20 games but soon after, it will have hundreds of games available. But how is it possible? The answer is very simple: collaboration and inclusion of the community. In fact, it will be possible for everyone with some programming abilities, to develop a new mini-game and publish it on the platform. A unique feature of Popop World. But that’s not all, in fact, all the games on the platform will be carefully selected in order to be user-friendly, easy to play, and suitable for all ages. That’s why Popop World has all the potential to became the most popular and used blockchain gaming platform. Moreover, it is also based on Polygon, a blockchain much more efficient than Ethereum, the platform where most of its competitors are based. Why does mini-game platforms will be the trend? Now that you know what is Popop World and how it stands out from all its competitors, you may be asking why I think that mini-game platforms will be the trend of the next few years. I think so because, while during the Covid period, NFT games, playable only with the computer, have become a trend, with the end of Covid there is a need for a new trend. When everyone will start to stay most of the day outside, at school, or at work, he will be no more able to use his computer to play NFT games; he will have to choose an alternative. Mini-game platforms, like Popop World, represent this alternative. In fact, they are playable everywhere, even on your smartphone, and if sometimes you get tired of a game, you can easily play another one in a matter of a few seconds, without having to change the platform. That’s why I think that Popop World is quite revolutionary and why I think that in the next few months or so mini-games platforms will overtake standard NFT games. Game mode The game mode is obviously the core section of the platform. It’s a section full of games that in the future will probably contain hundreds or thousands of them. There is a large variety of games with many gameplay ways, such as hand-to-hand speed, eye-to-eye, or strategy. Playing on Popop World will be a unique experience, similar to an amusement park. In fact, they will be integrated into the games many items that will remind you of some feelings of Disneyland, if you have ever been there. Every game will be short and fast, it will last around 1 or 2 minutes. By playing you will get some EXP rewards, that you will then be able to exchange with the POP token. POP token POP is the governance token of the platform. It’s an ERC 20 token based on the Polygon blockchain. It has a maximum supply fixed at 1 billion tokens, but it isn’t going to be released all at once. In fact, just a small percentage will be released after the listing, which is set to happen very soon, the majority of the tokens will be released gradually in the following years. POP tokens will have a central role in the game and you will be able to use them in many ways. For example, it will be possible to make some purchases in the game mall and buy NFT. You will be also able to stake all, or some, of your POP token in order to receive interest and earn governance rights, such as vote rights and a share of the game’s revenue. But how can you earn POP tokens? It’s very simple: you just have to play some games on the platform and earn EXP rewards, which are obtainable just by winning or reaching a certain position. Then you will be able to convert this EXP into POP tokens in the market section of the platform at a rate calculated in real-time by an algorithm. Popman NFT Popman NFTs are the non-fungible token of the platform. In order to use Popop world, you need to buy one of them. There are 10000 Popman NFT and they are divided into five levels: B, A, S, SS, SSS. B is the basic level, while SSS is the most advanced. By owning a superior level you will have some advantages in the game, like an increase in the EXP rewards, and also your NFT will be valued more as the high-level NFT are rarer. The good news is that the sale of Popman NFT will start in October 2021 and they will be available in a popular NFT marketplace called Opensea. Then in the following months, it will be created an NFT marketplace in the Popop world platform. Conclusion Popop World is a very interesting platform. The sector of mini-games is extremely promising and Popop world, at the moment, is the only blockchain platform following this trend. For its uniqueness and its features, it’s very likely that it will be a success. Website: https://www.popop.world/ Telegram channel: https://t.me/popopworldchannel Telegram group: https://t.me/popopworldcommunity Twitter https://twitter.com/popop_world Facebook: https://www.facebook.com/popopworld Discord: https://t.co/kFXhVwLVvA?amp=1 Medium: https://popopworld.medium.com/

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