Technical Analysis: MANA, APE, SAND, RACA, GST, AXS and GALA Price Prediction (June – W3)

## Τι είναι το Green Satoshi Token (GST);

Το Green Satoshi Token (GST) είναι το διακριτικό παιχνιδιού του [STEPN](https://coinmarketcap.com/el/currencies/green-metaverse-token/) — μιας [Web 3.0](https://coinmarketcap.com/alexandria/article/what-is-web-3-0) εφαρμογής lifestyle με ενσωματωμένα διασκεδαστικά κοινωνικά στοιχεία και σχεδιασμό επηρεασμένο από τη φιλοσοφία του gaming. Το STEPN είναι το πρώτο παιχνίδι απόκτησης [NFT](https://coinmarketcap.com/alexandria/glossary/non-fungible-token) με την κίνηση, όπου οι παίκτες κερδίζουν διακριτικά GST περπατώντας, κάνοντας τζόκινγκ και τρέχοντας σε εξωτερικούς χώρους φορώντας NFT Sneakers (αθλητικά παπούτσια). Τα διακριτικά GST μπορούν επίσης να χρησιμοποιηθούν από τους παίκτες για να ανέβουν επίπεδο και να αποκτήσουν νέα αθλητικά παπούτσια, ενώ μπορούν να πουλήσουν/ενοικιάσουν τα αθλητικά παπούτσια NFT στο Marketplace της εφαρμογής.

Δείτε τη [ενδελεχή μας έρευνα για το STEPN](https://coinmarketcap.com/alexandria/article/what-is-stepn-gmt-token-features-tokenomics-and-price-prediction).

Στόχος του project είναι να ενθαρρύνει τον παγκόσμιο πληθυσμό να ακολουθεί έναν υγιεινό και δραστήριο τρόπο ζωής, καθώς και να εξοικειώσει τους ανθρώπους με την έννοια του Web 3.0. Η πλατφόρμα STEPN λειτουργεί αρχικά από το [Solana (SOL)](https://coinmarketcap.com/el/currencies/solana/) και χρησιμοποιεί έναν μηχανισμό διπλού διακριτικού όπου το Green Satoshi Token (GST) είναι το νόμισμα στο παιχνίδι και το [Green Metaverse Token (GMT)](https://coinmarketcap.com/el/currencies/green-metaverse-token/) είναι το διακριτικό διακυβέρνησης.

Για να γίνει μέλος της κοινότητας, ένας χρήστης κατεβάζει πρώτα την εφαρμογή STEPN για κινητά, καταχωρεί έναν λογαριασμό και δημιουργεί ένα πορτοφόλι. Στη συνέχεια, ο χρήστης καταθέτει διακριτικά SOL στο ενσωματωμένο πορτοφόλι STEPN, μεταβαίνει στο Marketplace εντός της εφαρμογής, αγοράζει αθλητικά παπούτσια NFT και περιμένει 24 ώρες για αναπλήρωση της «ενέργειας» (η ενέργεια είναι ο χρόνος άσκησης του χρήστη, σε λεπτά, ο δείκτης ανεβαίνει με ρυθμό 25% κάθε 6 ώρες).

### Τα πλεονεκτήματα του project STEPN είναι τα ακόλουθα:

Οι ανταμοιβές δραστηριότητας παρακινούν τους χρήστες της εφαρμογής να ασχολούνται με την άθληση καθημερινά, να διατηρούνται σε καλή φόρμα και να βελτιώνουν τη σωματική τους υγεία.

Η λειτουργικότητα GameFi είναι ενσωματωμένη στην εφαρμογή (δημιουργία Sneakers, ανέβασμα επιπέδου Sneakers, εξατομικευμένα NFTs, Μυστηριώδη κουτιά).

Το οικοσύστημα STEPN περιλαμβάνει εργαλεία όπως τα Wallet, Swap, Marketplace.

Για χρήση της εφαρμογής και αγορά NFT Sneakers, οι χρήστες δεν χρειάζεται να γνωρίζουν την τεχνολογία blockchain.

Η εφαρμογή για κινητά είναι εξοπλισμένη με μια διαισθητική και απλή διεπαφή.

Παρέχεται δωρεάν ενοικίαση NFT Sneakers στην πλατφόρμα. Οι παίκτες μπορούν να αγοράσουν τα δικά τους ζευγάρια παπούτσια συγκεντρώνοντας τον απαιτούμενο αριθμό διακριτικών.

Το project STEPN συγκέντρωσε 5 εκ. $ στο Seed Round από κορυφαίους επενδυτές, συμπεριλαμβανομένων των Sequoia Capital, Folius Ventures, Binance Labs, Solana Capital, Alameda Research, DeFi Alliance, M13, Corner Ventures, 6th Man Ventures, Zee Prime Capital, Sfermion, Spark Digital Capital, MorningStar Ventures, Lemniscap, WelinderShi Capital, Solar Eco Fund και Openspace Ventures.

### Ποιοι είναι οι ιδρυτές του Green Satoshi Token;

Το STEPN ιδρύθηκε τον Αύγουστο του 2021 από το στούντιο fintech Find Satoshi Lab, με έδρα στην Αυστραλία. Τον Σεπτέμβριο του ίδιου έτους, σχηματίστηκε η βασική ομάδα και τον Οκτώβριο το project κέρδισε το Solana Ignition Hackathon Gaming Track 2021.

O [Jerry Huang](https://www.linkedin.com/in/jerry2046) είναι ένας από τους συνιδρυτές της εταιρείας με δεκαετή εμπειρία στην ανάπτυξη, το μάρκετινγκ και τις δοκιμές παιχνιδιών. Πριν από το STEPN, ο Huang κυκλοφόρησε επίσης πολλά παιχνίδια που έλαβαν υψηλή βαθμολογία και πολλές λήψεις από το iOS App Store.

Ένας ακόμη συνιδρυτής είναι ο [Yawn Rong](https://www.linkedin.com/in/yawn-rong-4b4b1861), ένας ταλαντούχος επιχειρηματίας, επενδυτής στον χώρο των crypto και εκκολάπτης blockchain. Ο Rong έχει μακρύ ιστορικό στην ίδρυση μικρών νεοφυών επιχειρήσεων και την εξέλιξή τους σε πανεθνικές μάρκες.

Η [Jessica Duan](https://www.linkedin.com/in/jessica-duan-062603232/) κατέχει τη θέση της CSO στην εταιρεία. Η Duan έχει πτυχίο στον σχεδιασμό και την αρχιτεκτονική, διαχειρίζεται επιχειρησιακές στρατηγικές, συμβουλεύει μεγάλους πελάτες και συνεργάτες και αξιολογεί νέες τεχνολογίες, τάσεις της αγοράς, επιχειρηματικά μοντέλα και καινοτομίες.

### Τι κάνει το Green Satoshi Token μοναδικό;

Η ομάδα STEPN σκοπεύει να κάνει κάτι πρωτοπόρο, ενσωματώνοντας κοινωνικά και κοινοτικά στοιχεία στο προϊόν της, δίνοντας στους λάτρεις του δραστήριου τρόπου ζωής την ευκαιρία να κερδίσουν κρυπτονομίσματα μέσα από την αγάπη τους για το τρέξιμο.

Το STEPN βασίζεται στην έννοια Move-to-Earn (move2earn ή M2E). Το 2021, το project συμμετείχε στο Solana Ignition Hackathon Gaming Track, κατακτώντας την πρώτη θέση και έγινε το μοναδικό παιχνίδι NFT για κινητά που κέρδισε το hackathon. Το STEPN τράβηξε την προσοχή των κριτών και έλαβε έγκριση λόγω του σχεδιασμού του παιχνιδιού, της φιλικής προς τον χρήστη διεπαφής και των ενσωματωμένων εργαλείων, όπως τα Wallet & Marketplace.

### Τα κυριότερα σημεία του STEPN:

Η εφαρμογή έχει τρεις λειτουργίες: Solo Mode (ένας παίκτης κερδίζει GST λόγω κίνησης, ο αριθμός των κερδισμένων διακριτικών εξαρτάται από τη σωματική δραστηριότητα και τη σπανιότητα των παπουτσιών NFT). Λειτουργία Μαραθωνίου (οι online μαραθώνιοι είναι εβδομαδιαία και μηνιαία γεγονότα, απαιτείται εγγραφή τουλάχιστον 24 ώρες πριν από την έναρξη). Λειτουργία παρασκηνίου (οι χρήστες κερδίζουν εισόδημα σε διακριτικά GST μόνο έχοντας ένα ζευγάρι αθλητικά παπούτσια, η λειτουργία παρασκηνίου λειτουργεί ακόμα και αν η εφαρμογή είναι απενεργοποιημένη, χωρίς να μειώνεται η αντοχή των αθλητικών παπουτσιών).

Τα NFT έχουν διαφορετική ποιότητα, χαρακτηριστικά και Gem Socket, η ενημέρωση πραγματοποιείται με το κάψιμο διακριτικών GST, μπορούν να προστεθούν σημεία χαρακτηριστικών και NFT Gems για βελτίωση της απόδοσης.

Οι χρήστες μπορούν να δημιουργήσουν (mint) ένα κουτί sneaker γνωστό και ως Shoebox βάζοντας δύο αθλητικά παπούτσια μαζί. Ως αποτέλεσμα, ο κάτοχος ενός Shoebox λαμβάνει ένα τυχαίο NFT Sneaker.

Στο ενσωματωμένο NFT Marketplace, οι χρήστες μπορούν να ανταλλάξουν ό,τι έχουν: Αθλητικά παπούτσια, Shoebox, Gems και επίσης να νοικιάσουν NFT, αν χρειαστεί.

Χρησιμοποιώντας το Swap, οι χρήστες της εφαρμογής για κινητά ανταλλάσσουν διακριτικά με άλλα στοιχεία crypto και επίσης καταθέτουν τα διακριτικά και τα NFT τους στο ενσωματωμένο Πορτοφόλι.

Η εφαρμογή STEPN ενδέχεται να χρεώσει μικρούς φόρους για την εμπορία αθλητικών παπουτσιών NFT, τη δημιουργία και την ενοικίαση. Ταυτόχρονα, το μεγαλύτερο μέρος των εσόδων κερδίζεται από τους χρήστες της πλατφόρμας. Μέρος των κερδών πηγαίνει στην αγορά πίστωσης αφαίρεσης άνθρακα — υποστήριξη για ουδετερότητα άνθρακα (μια κατάσταση καθαρών μηδενικών εκπομπών διοξειδίου του άνθρακα).

#### Σχετικές σελίδες:

Διαβάστε για το [STEPN (GMT)](https://coinmarketcap.com/ru/currencies/green-metaverse-token/).

Το [CoinMarketCap Alexandria](https://coinmarketcap.com/alexandria/article/what-is-stepn-gmt-token-features-tokenomics-and-price-prediction) αναλύει σε βάθος το STEPN (GMT).

Δείτε την [επισκόπηση της τάσης Move-to-Earn](https://coinmarketcap.com/alexandria/article/move-to-earn-fad-or-the-future) και αν είναι μόδα.

Τα τελευταία στοιχεία για το [Solana (SOL)](https://coinmarketcap.com/el/currencies/solana/).

Τι είναι το Web 3.0; Μάθετε στην [εκπαιδευτική μας πύλη](https://coinmarketcap.com/alexandria/article/what-is-web-3-0).

Τι είναι τα μη ανταλλάξιμα διακριτικά (NFT); Ρίξτε μια ματιά στο [γλωσσάρι](https://coinmarketcap.com/alexandria/glossary/non-fungible-token) CMC για τους πιο βασικούς όρους και λέξεις του τομέα crypto.

### Πόσα νομίσματα Green Satoshi Token (GST) υπάρχουν σε κυκλοφορία;

Το Green Satoshi Token (GST) είναι το διακριτικό χρησιμότητας του οικοσυστήματος STEPN, και χρησιμοποιείται ως νόμισμα εντός του παιχνιδιού και εναλλακτική λύση για τους πόντους εμπειρίας. Απαιτείται GST για επισκευή, αναβάθμιση και βελτιστοποίηση των αθλητικών παπουτσιών NFT. Το GST μπορεί να αποκτηθεί όταν οι χρήστες κινούνται σε λειτουργία Solo ή σε λειτουργία παρασκηνίου.

Οι παίκτες λαμβάνουν Green Satoshi Token (GST) μέσω της εφαρμογής STEPN και τα διακριτικά δημιουργούνται σε λειτουργίες βάδισης / τρεξίματος. Οι επενδυτές μπορούν επίσης να κερδίσουν GST ενοικιάζοντας τα NFT τους σε χρήστες της πλατφόρμας ή νέους παίκτες.

Τα διακριτικά GST μπορούν επίσης να δοθούν για την αγορά πίστωσης αφαίρεσης άνθρακα στο blockchain, υποστηρίζοντας την ιδέα της ουδετερότητας άνθρακα για την καταπολέμηση της κλιματικής αλλαγής και συμβάλλοντας στην προστασία του περιβάλλοντος.

Το GST είναι ένα πληθωριστικό διακριτικό χωρίς καθορισμένη μέγιστη προσφορά και με συνολική προσφορά 10.000.000 νομισμάτων που διανέμεται ως εξής:

16,3% σε Ιδιωτική πώληση.

7% στην Binance Launchpad πώληση.

14,2% στην Ομάδα.

2,5% στους Συμβούλους.

30% στο Οικοσύστημα / Ταμείο της πλατφόρμας.

30% στο Move & Earn.

Τον Απρίλιο του 2022, κυκλοφορούσαν 3.597.242,47 $GST. Μόλις χρησιμοποιηθεί, το διακριτικό GST καίγεται αυτόματα για να μειωθεί η προσφορά. Ακολουθούν οι συγκεκριμένες περιπτώσεις όπου συμβαίνει κάψιμο (καταστροφή): δημιουργία παπουτσιών, επισκευή ζευγαριών παπουτσιών, ανέβασμα επιπέδου NFT-Sneakers, προσθήκη gems / αναβάθμιση gems, ξεκλείδωμα νέας socket, επαρρύθμιση των χαρακτηριστικών του Sneaker.

### Πώς είναι ασφαλές το Green Token Network Satoshi;

Το STEPN, ένα move2earn παιχνίδι NFT για κινητές συσκευές, καθώς και το διακριτικό του χρησιμότητας — το GST, λειτουργούν από το Solana (SOL).

Η ασφάλεια του δικτύου Solana βασίζεται σε έναν μοναδικό συνδυασμό μηχανισμών συναίνεσης Proof-of-History ([PoH](https://coinmarketcap.com/alexandria/glossary/proof-of-history-poh)) και Proof-of-Stake ([PoS](https://coinmarketcap.com/alexandria/article/proof-of-work-vs-proof-of-stake)). Το PoH είναι το βασικό συστατικό του πρωτοκόλλου που επεξεργάζεται το μεγαλύτερο μέρος των συναλλαγών του δικτύου, καταγράφοντας επιτυχημένες λειτουργίες και τον χρόνο μεταξύ τους, ενώ το PoS χρησιμοποιείται ως εργαλείο παρακολούθησης για την εκτέλεση διαδικασιών PoH.

### Τι είναι το Green Satoshi Token (GST);

Το Green Satoshi Token (GST) μπορεί να αποκτηθεί εύκολα μέσω ανταλλακτηρίων κρυπτονομισμάτων όπως τα [Huobi Global](https://coinmarketcap.com/el/exchanges/huobi-global/), [Bybit](https://coinmarketcap.com/el/exchanges/bybit/), [Raydium](https://coinmarketcap.com/el/exchanges/raydium/), [MEXC](https://coinmarketcap.com/el/exchanges/mxc/), [PancakeSwap (V2)](https://coinmarketcap.com/el/exchanges/pancakeswap-v2/), [Serum DEX](https://coinmarketcap.com/el/exchanges/serum-dex/), [Orca](https://coinmarketcap.com/el/exchanges/orca/), [CoinEx](https://coinmarketcap.com/el/exchanges/coinex/), [Hoo](https://coinmarketcap.com/el/exchanges/hoo/), [AEX](https://coinmarketcap.com/el/exchanges/aex/), [DigiFinex](https://coinmarketcap.com/el/exchanges/digifinex/), [BingX](https://coinmarketcap.com/el/exchanges/bingx/), [Jubi](https://coinmarketcap.com/el/exchanges/jubi-exchange/) και [Hot](https://coinmarketcap.com/el/exchanges/hotbit/).

Εγκαταστήστε την εφαρμογή CoinMarketCap [για κινητά](https://coinmarketcap.com/mobile/) και παρακολουθήστε τις τιμές GST, GMT ή SOL σε πραγματικό χρόνο.

Δείτε τις [κορυφαίες συλλογές NFT](https://coinmarketcap.com/nft/collections/) ανά όγκο πωλήσεων.

Ρίξτε μια ματιά στον [οδηγό μας για μη ανταλλάξιμα διακριτικά](https://coinmarketcap.com/alexandria/article/what-is-a-non-fungible-token-nft).

Επισκεφτείτε την εκπαιδευτική πύλη του CMC, την [Alexandria](https://coinmarketcap.com/alexandria) για να μάθετε όλα όσα πρέπει να γνωρίζετε για τον τομέα crypto.

Εδώ θα βρείτε και κάποια άλλα άρθρα που μπορεί να σας ενδιαφέρουν:

* [Τι είναι το σύστημα ανταμοιβών Faucet για κρυπτονομίσματα;](https://coinmarketcap.com/alexandria/article/what-is-a-crypto-faucet)
* [Τι είναι οι χρεωστικές κάρτες κρυπτονομισμάτων;](https://coinmarketcap.com/alexandria/article/what-are-crypto-debit-cards)
* [Τι είναι το Web 3.0;](https://coinmarketcap.com/alexandria/article/what-is-web-3-0)
* [Τι είναι η συγκομιδή αποδόσεων;](https://coinmarketcap.com/alexandria/article/what-is-yield-farming)
* [Τι είναι ο δανεισμός κρυπτονομισμάτων;](https://coinmarketcap.com/alexandria/article/what-is-crypto-lending)
* [Τι είναι το Metaverse;](https://coinmarketcap.com/alexandria/article/what-is-the-metaverse-an-overview-and-a-deep-dive-of-the-top-metaverses)
* [Τι είναι τα Fan Tokens;](https://coinmarketcap.com/alexandria/article/what-are-fan-tokens)
* [Οδηγός για αρχάριους: Το αλφαβητάτι των NFTs](https://coinmarketcap.com/alexandria/article/newbie-catchup-the-a-z-of-nfts)
* [Τι είναι οι Automated Market Makers (αυτοματοποιημένες συναλλαγές);](https://coinmarketcap.com/alexandria/article/what-are-automated-market-makers)
* [Τι είναι ένα Crypto ETF;](https://coinmarketcap.com/alexandria/article/what-is-a-crypto-etf)

Green Satoshi Token (BSC)

MetaMask

Binance Chain Wallet

BNB Smart Chain (BEP20)

PancakeSwap

Trust Wallet Token

SafePal

BinaryX

Fabwelt

LUCA

Cashaa

myDID

Green Shiba Inu [New]

WeSendit

Bitcoin Bam

Revomon

Venus Reward Token

DarkShield Games Studio

Octavia AI

Botopia.Finance

Ozone Metaverse

GAMI World

GMT is the native token of the FSL ecosystem, with a fixed supply of 6 billion tokens. GMT is well used in all FSL ecosystem products to be burned, used to unlock various functions and perks.

Sweatcoin is a highly popular mobile fitness app that was first launched in 2016. With over 110 million users worldwide, the app sets out to motivate healthier living by rewarding users for daily physical activity.

Users are rewarded with an in-app currency — Sweatcoin, a non-crypto virtual token which functions as a monetary incentive to reward users for their physical activity. Users can now convert Sweatcoin to SWEAT — the crypto token — to claim real world prizes and experiences. At the time of writing in September 2022, Sweatcoin is ranked first for the most downloaded health and fitness app in 58 countries.

Sweat Economy is the newly-launched web3 initiative of Sweatcoin. Within the Sweat Economy app, a crypto token, SWEAT and cryptocurrency wallet, Sweat Wallet are launched. Over 13 million wallets were created in four months since the launch. Further, Sweatcoin has raised $13 million in investor funding and is planning to hold a public token sale and strong hold offering on the DAO Maker launchpad.

Read: Move to Earn: Fad or The Future?

Sweat Economy

Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.

To learn more about this project, check out our deep dive of Solana.

The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain.

Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and institutional traders alike. A significant focus for the Solana Foundation is to make decentralized finance accessible on a larger scale.

Solana

Launched in July 2017, Binance is the biggest cryptocurrency exchange globally based on daily trading volume. Binance aims to bring cryptocurrency exchanges to the forefront of financial activity globally. The idea behind Binance’s name is to show this new paradigm in global finance — Binary Finance, or Binance.

Aside from being the largest cryptocurrency exchange globally, Binance has launched a whole ecosystem of functionalities for its users. The Binance network includes the Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet and Research projects, which all employ the powers of blockchain technology to bring new-age finance to the world. BNB is an integral part of the successful functioning of many of the Binance sub-projects.

USDC is a stablecoin that is pegged to the U.S. dollar on a 1:1 basis. Every unit of this cryptocurrency in circulation is backed up by $1 that is held in reserve, in a mix of cash and short-term U.S. Treasury bonds. The Centre consortium, which is behind this asset, says USDC is issued by regulated financial institutions.

The stablecoin originally launched on a limited basis in September 2018. Put simply, USDC’s mantra is “digital money for the digital age” — and the stablecoin is designed for a world where cashless transactions are becoming more common.

Several use cases have been unveiled for the USDC. As well as providing a safe haven for crypto traders in times of volatility, those behind the stablecoin say it can also allow businesses to accept payments in digital assets, and shake up an array of sectors including decentralized finance and gaming.

Overall, the goal is to create an ecosystem where USDC is accepted by as many wallets, exchanges, service providers and dApps as possible.

USDC

Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.

Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”

Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.

Bitcoin

Ethereum is a decentralized open-source blockchain system that features its own cryptocurrency, Ether. ETH works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts.

Ethereum was first described in a 2013 whitepaper by Vitalik Buterin. Buterin, along with other co-founders, secured funding for the project in an online public crowd sale in the summer of 2014. The project team managed to raise $18.3 million in Bitcoin, and Ethereum’s price in the Initial Coin Offering (ICO) was $0.311, with over 60 million Ether sold. Taking Ethereum’s price now, this puts the return on investment (ROI) at an annualized rate of over 270%, essentially almost quadrupling your investment every year since the summer of 2014.

The Ethereum Foundation officially launched the blockchain on July 30, 2015, under the prototype codenamed “Frontier.” Since then, there has been several network updates — “Constantinople” on Feb. 28, 2019, “Istanbul” on Dec. 8, 2019, “Muir Glacier” on Jan. 2, 2020, “Berlin” on April 14, 2021, and most recently on Aug. 5, 2021, the “London” hard fork.

Ethereum’s own purported goal is to become a global platform for decentralized applications, allowing users from all over the world to write and run software that is resistant to censorship, downtime and fraud.

Ethereum

Astar Network helps developers build decentralized applications (dApps) and layer 2 solutions by providing interoperable web 3.0 infrastructure, financial incentives, incubation programmes and technical support. It seeks to provide the best solution for all developers by supporting EVM and making a parachain where EVM and WASM smart contracts can co-exist and communicate with each other.

Astar connects the Polkadot ecosystem with layer 1 blockchains like Ethereum and Cosmos. It's a Polkadot Parachain, and was designed as a multi-chain Polkadot dApp hub with support for DeFi, NFTs, DAOs, where developers can move beyond infrastructure and focus more on application development.

The project, which is backed by Binance Labs and Coinbase Ventures, operates on two layers: the first layer is built on the Substrate framework, and the second is built using OVM or Optimistic Virtual Machine, for scalability.

Astar

Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements.

Development on Terra began in January 2018, and its mainnet officially launched in April 2019. As of September 2021, it offers stablecoins pegged to the U.S. dollar, South Korean won, Mongolian tugrik and the International Monetary Fund's Special Drawing Rights basket of currencies — and it intends to roll out additional options.

On May 28, 2022, the genesis block of the new chain was launched to conduct future transactions under the name Terra (LUNA), and the original Terra Chain was rebranded as Terra Classic. The original native token — LUNA has also been renamed as LUNA Classic (LUNC). Moreover, all network stablecoins (UST, KRT, EUT) have been renamed to Terra Classic stablecoins (USTC, KRTC, EUTC). There will be no Terra stablecoins on the new chain.

There is a theory that the additional term “classic” is a reference to the Ethereum / Ethereum Classic split in 2017. According to CEO, Do Kwon, the collapse of UST in the spring of 2022 is the equivalent moment of the Ethereum’s DAO hack that took place in 2017.

Terra Classic

Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.

To learn more about this project, check out our deep dive of Polygon Matic.

Using Polygon, one can create optimistic rollup chains, ZK rollup chains, stand alone chains or any other kind of infra required by the developer.

Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc. with the advantages of Ethereum’s security, vibrant ecosystem and openness.

The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance.

Polygon (formerly Matic Network) is a Layer 2 scaling solution backed by Binance and Coinbase. The project seeks to stimulate mass adoption of cryptocurrencies by resolving the problems of scalability on many blockchains.

Polygon combines the Plasma Framework and the proof-of-stake blockchain architecture. The Plasma framework used by Polygon as proposed by the co-founder of Ethereum, Vitalik Buterin, allows for the easy execution of scalable and autonomous smart contracts.

Nothing will change for the existing ecosystem built on the Plasma-POS chain. With Polygon, new features are being built around the existing proven technology to expand the ability to cater to diverse needs from the developer ecosystem. Polygon will continue to develop the core technology so that it can scale to a larger ecosystem.

Polygon boasts of up to 65,000 transactions per second on a single side chain, along with a respectable block confirmation time of less than two seconds. The framework also allows for the creation of globally available decentralized financial applications on a single foundational blockchain.

The Plasma framework gives Polygon the potential of housing an unlimited number of decentralized applications on their infrastructure without experiencing the normal drawbacks common on proof-of-work blockchains. So far, Polygon has attracted more than 50 DApps to its PoS-secured Ethereum sidechain.

MATIC, the native tokens of Polygon, is an ERC-20 token running on the Ethereum blockchain. The tokens are used for payment services on Polygon and as a settlement currency between users who operate within the Polygon ecosystem. The transaction fees on Polygon sidechains are also paid in MATIC tokens.

Polygon

ApeCoin is an ERC-20 governance and utility token used within the APE Ecosystem to empower and incentivize a decentralized community building at the forefront of web3.

ApeCoin holders govern themselves via the decentralized governance framework controlling the ApeCoin DAO, and vote on how the ApeCoin DAO Ecosystem Fund should be used. The APE Foundation administers proposals agreed upon by ApeCoin holders.

ApeCoin

Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability.

This is made possible by Avalanche’s unique architecture. The Avalanche network consists of three individual blockchains: the X-Chain, C-Chain and P-Chain. Each chain has a distinct purpose, which is radically different from the approach Bitcoin and Ethereum use, namely having all nodes validate all transactions. Avalanche blockchains even use different consensus mechanisms based on their use cases.

After its mainnet launch in 2020, Avalanche has worked on developing its own ecosystem of DApps and DeFi. Different Ethereum-based projects such as SushiSwap and TrueUSD have integrated with Avalanche. Furthermore, the platform is constantly working on improving interoperability between its own ecosystem and Ethereum, like through the development of bridges.

Avalanche

Launched in 2021, the XRP Ledger (XRPL) is an open-source, permissionless and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed  (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.

BitDAO is a decentralized autonomous organization that wants to level the playing field for every person in the world by building a decentralized token economy. This protocol is one of the world’s newest and largest decentralized autonomous organizations focused on DeFi, and is managed by holders of BIT tokens.

One of the initiative's primary aims is to attract developer talent via token swaps and co-development efforts. The token swaps will enable the BitDAO treasury to accumulate a collection of the top crypto project tokens.

BitDAO's vision is open finance and a decentralized tokenized economy. BitDAO hopes to support a broad range of projects including DeFi, DAOs, NFTs and gaming. Support will be in the form of research and development, liquidity bootstrapping and funding.

BitDAO

Launched in 2014, Tether is a blockchain-enabled platform designed to facilitate the use of fiat currencies in a digital manner. Tether works to disrupt the conventional financial system via a more modern approach to money. Tether has made headway by giving customers the ability to transact with traditional currencies across the blockchain, without the inherent volatility and complexity typically associated with a digital currency. As the first blockchain-enabled platform to facilitate the digital use of traditional currencies (a familiar, stable accounting unit), Tether has democratised cross-border transactions across the blockchain.

Tether USDt

Terra (LUNA) is a public blockchain protocol that emerged from Terra Classic. Terra Classic is home to the algorithmic stablecoin TerraClassicUSD (UST). It's now-renamed LUNC token collateralized UST, which crashed in a bank run in May 2022. That devalued LUNA to virtually zero and caused a launch of a new chain — resulting in Terra Classic and Terra. Read a full breakdown of the Terra crash here.

The development of Terra Classic launched in January 2018 and the blockchain launched in April 2019. It attempted to combine the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offer fast and affordable settlements through its UST stablecoin. Terra Classic offered stablecoins pegged to the U.S. dollar, South Korean won, Mongolian tugrik, and the International Monetary Fund's Special Drawing Rights basket of currencies.

The new Terra blockchain continues the legacy of Terra Classic without the UST stablecoin. It will keep building with the help of the LUNA community dubbed “LUNAtics” and evolve the world-class UX and UI that brought Terra Classic up to second place in total value locked (TVL) at its peak. Many DApps have agreed to migrate to Terra to continue their functionality.

Terra

Pancakeswap was originally built on the BNB Chain and allows users to trade tokens without using a centralized exchange. It provides an array of products, such as:

An exchange to swap tokens

A yield farm to earn rewards

Syrup pools to stake CAKE tokens

Ethereum liquid staking (wBETH) and simple staking

Pancake Protectors game

v3 position manager (new feature)

A prediction market

Initial Farm Offering (IFO) token launches

A bridge to bridge CAKE to Ethereum and Aptos

A lottery

An NFT marketplace

Pancakeswap innovates quickly and ships new products regularly. In April 2023, PancakeSwap voted to transition to a deflationary token model called "Ultrasound CAKE." The protocol passed a proposal called CAKE Tokenomics v2.5 to create a structure combining real yield (no supply impact) and reduced token emissions. Over 102% of minted CAKE is burned weekly. This is intended to provide a multi-year runway for emissions and incentivize locking up CAKE, making the token more valuable long-term.

PancakeSwap has an anonymous team of “Chefs,” working in the PancakeSwap “Kitchen.” The platform is open-source and has been audited by multiple reputable blockchain security firms like Peckshield and Slowmist.

Although the bear market has impacted TVL and trading volume for the protocol, PancakeSwap still boasts an annualized revenue of $27 million, with 42% of CAKE is staked:

Dogecoin (DOGE) is based on the popular "doge" Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin's creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.

Dogecoin

FTT is the native cryptocurrency token of the crypto derivatives trading platform FTX that launched on May 8, 2019. On Nov. 11, 2022, FTX filed for Chapter 11 bankruptcy protection in the U.S., and is currently undergoing proceedings. Some of the information below may not reflect the current standings of the FTX exchange, please proceed with caution when interacting with the FTT token.

The team behind FTX comprises some of the largest crypto traders over the past few years who, having found issues with most mainstream crypto futures exchanges, decided to launch their own platform. FTX claims that it stands out due to such features as clawback prevention, a centralized collateral pool and universal stablecoin settlement. FTX is a centralized crypto exchange launched by Sam Bankman-Fried in 2019, backed by significant trading companies in the industry, including Almeda Research, OTPP, Temasek, BlackRock, Coinbase Ventures and Sequoia Capital. As of 2022, the platform has over a million registered members, and the daily trading volume has reached billions of dollars.

In regards to clawback prevention, a significant amount of customer funds on other derivative exchanges have been claimed by socialized losses. FTX reduces this by using a three-tiered liquidation model.

On existing crypto futures exchanges, the collateral is fragmented across separate token wallets; this can be difficult for traders as it prevents positions from getting liquidated. On the other hand, FTX derivatives are stablecoin-settled and only require one universal margin wallet.

Another feature of the FTT are leveraged tokens, which allow traders to put leveraged positions without the need to trade on margin. If a trader wants to short Bitcoin with 3x leverage, they can simply buy a 3x short Bitcoin leveraged token on FTX. These tokens are ERC20-compatible and can be listed on any spot exchange. FTX currently offers XRP, BNB, TRX, BTC, ETH, EOS, USDT and LEO leveraged tokens.

A year after its founding, FTX Exchange introduced the exchange token called FTX Token or FTT. The FTT coin is an ERC-20 standard token that is actively used by ecosystem participants.

Initially, FTT was established as a reward for exchange transactions; however, over the years the list of functions has grown:

FTT is applicable in the creation of leveraged tokens on the FTX Exchange; users can receive VIP discounts in the form of FTT depending on the number of coins they own, and it’s possible to earn rewards for providing liquidity through futures positions.

In order to maintain its value, the exchange regularly buys back and burns its tokens, spending on the purchase of FTX: 33% of trading fees, 10% of the reserve fund, and 5% of other commissions.

FTT Token use cases:

1/3 of the commissions received from transactions on FTX are utilized to buy back FTT. Tokens redeemed in this way are burned;

FTT tokens are used to reduce trading fees and to secure futures positions;

Profits from massive market movements are distributed among the holders;

By purchasing a white label version of FTX’s OTC portal and futures market, institutions and investors pay expenses in FTT tokens;

By creating leveraged tokens, projects can pay listing fees with FTT;

Users can stake FTT to benefit from discounts, bonus votes, and blockchain fee waivers.

One benefit of FTX Token (FTT) is commission discounts. Members pay a low fee and obtain tighter spreads. Traders use FTT as collateral, and those who are active on FTX Exchange see percentage differences of up to 60%. Traders get insurance protection, which ensures a net profit in moments of market volatility, then makes it possible to continue trading even without a margin call.

In addition to the fact that FTT is useful for opening positions with leverage, FTT staking also offers perks: discounts, the opportunity to win NFTs, participation in airdrops, bonus votes and IEO tickets.

FTX Token

Aptos is a Layer 1 Proof-of-Stake (PoS) blockchain that employs a novel smart contract programming language called Move, a Rust-based programming language that was independently developed by Meta (formerly Facebook)’s Diem blockchain engineers.

Aptos’s vision is a blockchain that brings mainstream adoption to web3 and empowers an ecosystem of DApps to solve real-world user problems.

The PoS blockchain can achieve a theoretical transaction throughput of over 150,000 transactions per second (tps) through parallel execution.

In March 2022, Aptos raised $200 million in a seed round led by the venture capital firm Andreessen Horowitz (a16z). Other crypto heavyweights like Tiger Global and Multicoin Capital took part in the funding round. Fast forward to July, the startup raised another $200 million in a Series A round with participation from Dragonfly, Apollo Global, Franklin Templeton, Animoca, Jump Crypto and others.

Two months later, Binance Labs made a strategic investment of an undisclosed amount in Aptos.

On Oct. 18, 2022, Aptos announced the mainnet launch, while the Aptos genesis occurred on Oct. 12, 2022.