## 1 इंच (1INCH) क्या है?

1inch एक विकेन्द्रीकृत विनिमय ([DEX](https://coinmarketcap.com/alexandria/glossary/decentralized-exchange-dex)) [एग्रीगेटर](https://coinmarketcap.com/alexandria/article/what-are-dex-aggregators-a-deep-dive-by-1inch) है, ह कही सारे डेक्स को एक जगह जोड़कर अपने ग्राहकों को सबसे कुशल स्वैपिंग तरीको को ढूढ़ने में मदद करता है। उपयोगकर्ता को स्वैप के लिए सर्वोत्तम मूल्य खोजने के लिए, उन्हें प्रत्येक एक्सचेंज को देखने की आवश्यकता होती है - DEX एग्रीगेटर्स मैन्युअल रूप से जाँच की आवश्यकता को समाप्त करते हैं, DEX पर स्वैपिंग की दक्षता लाते हैं।

DEX एग्रीगेटर विभिन्न DEX से तरलता प्राप्त करके काम करते हैं, जिसका अर्थ है कि वे उपयोगकर्ताओं को कम से कम समय में किसी एकल DEX की तुलना में बेहतर टोकन स्वैप दरों की पेशकश करने में सक्षम हैं।

Binance Labs, Galaxy Digital, Greenfield One, Libertus Capital, Dragonfly Capital, FTX, IOSG, LAUNCHub Ventures और Divergence Ventures से 2.8 मिलियन डॉलर जुटाने के बाद अगस्त 2020 में 1inch लॉन्च किया गया।

दिसंबर 2020 में, 1inch ने ParaFi Capital, Blockchain Capital, Nima Capital और Spartan Group सहित अन्य के साथ, Pantera Capital के नेतृत्व में, Series A फंडिंग में एक और $12 मिलियन जुटाए। फंडिंग राउंड SAFT बिक्री (भविष्य के टोकन के लिए सरल समझौता) के माध्यम से आयोजित किया गया था।

2020 की सर्दियों में 1 इंच ने अपनी स्वचालित बाजार निर्माता ([AMM](https://coinmarketcap.com/alexandria/glossary/automated-market-maker-amm)) मूनीस्वैप लॉन्च की।

दिसंबर 2020 में, 1inch ने अपना 1INCH गवर्नेंस टोकन लॉन्च किया, और 1inch नेटवर्क एक विकेन्द्रीकृत स्वायत्त संगठन ([DAO](https://coinmarketcap.com/alexandria/glossary/decentralized-autonomous-organizations-dao)) द्वारा शासित किया जाता है।

### 1 इंच के संस्थापक कौन हैं?

1inch की स्थापना 2019 में ETHNewYork हैकथॉन के दौरान सर्गेज कुंज और[एंटोन बुकोव](https://coinmarketcap.com/alexandria/people/anton-bukov) द्वारा की गई थी। दोनों पहले कुंज के YouTube चैनल (CryptoManiacs) की एक लाइव स्ट्रीम के दौरान मिले थे, और एक साथ हैकथॉन में प्रवेश करना शुरू किया, सिंगापुर में एक हैकथॉन में एक पुरस्कार और साथ ही एथेरियम ग्लोबल से दो प्रमुख पुरस्कार जीते।

1 इंच से पहले, कुंज ने उत्पाद मूल्य एग्रीगेटर कॉमर्स कनेक्टर में एक वरिष्ठ डेवलपर के रूप में काम किया, संचार एजेंसी हर्ज़ोग में कोडित, मिमाकॉम कंसल्टेंसी में परियोजनाओं का नेतृत्व किया, और फिर देवओप्स और साइबर सुरक्षा दोनों में पोर्श में पूर्णकालिक काम किया।

बुकोव, जो वर्तमान में 1 इंच के सीटीओ हैं, ने 2002 से सॉफ्टवेयर डेवलपमेंट पर काम किया था, और 2017 से gDAI.io और NEAR प्रोटोकॉल सहित उत्पादों पर विकेन्द्रीकृत वित्त (DeFi) में काम किया था।

### क्या बनता है 1inch को सबसे अलग?

1 इंच इस मायने में अद्वितीय है कि यह अपने उपयोगकर्ताओं के लिए तत्काल शासन प्रदान करता है। यह सुविधा 1 इंच के उपयोगकर्ताओं को विकेंद्रीकृत स्वायत्त संगठन (DAO) मॉडल में विशिष्ट प्रोटोकॉल सेटिंग्स के लिए वोट करने की अनुमति देती है।

#### संबन्धित पेज:

एक अन्य DEX एग्रीगेटर, [Paraswap को](https://coinmarketcap.com/hi/exchanges/paraswap/) यहां देखें।

[0x प्रोटोकॉल देखें](https://coinmarketcap.com/hi/exchanges/0x-protocol/), जो DEX लिक्विडिटी एग्रीगेटर 0x API संचालित करता है।

क्रिप्टो के बारे में सब कुछ जानने के लिए, [CMCअलेक्जेंड्रिया](https://coinmarketcap.com/alexandria/) पर पढ़ें।

[यहां](https://coinmarketcap.com/alexandria/categories/blog) CoinMarketCap का ब्लॉग देखें।

### कितने 1inch (1INCH) कॉइन प्रचलन में हैं?

1 इंच के टोकन लॉन्च की घोषणा अगस्त 2020 में की गई थी। उस समय, सह-संस्थापक सर्गेज कुंज ने कहा कि टोकन को एक नियामक के साथ पंजीकृत किया जाएगा, लेकिन यह निर्दिष्ट नहीं किया कि कौन सा है। [कुंज के अनुसार](https://www.theblockcrypto.com/post/86401/dex-aggregator-1inch-raises-12-million-saft-sale), "1INCH टोकन का उद्देश्य सिक्योरिटी [...] या एक निवेश नहीं है। 1INCH टोकन का उपयोग 1inch नेटवर्क, 1INCH टोकन प्रोटोकॉल, और अन्य अनुप्रयोगों पर उनके उपभोग्य उद्देश्यों के लिए किया जाना है जो तृतीय पक्ष 1INCH टोकन और/या अनुमति रहित ब्लॉकचैन-आधारित विकेन्द्रीकृत 1inch नेटवर्क का उपयोग करके विकसित कर सकते हैं।" उन्होंने केमैन आइलैंड्स के स्वतंत्र बोर्ड में कहा कि 1 इंच फाउंडेशन 1 इंच के टोकन को अपनाने का समर्थन करेगा।

1 इंच के टोकन का उपयोग सभी धारकों द्वारा 1 इंच प्रोटोकॉल के शासन में हिस्सेदारी और भाग लेने के लिए किया जाएगा।

25 दिसंबर, 2020 को रिलीज के दिन 1 इंच पर सर्कुलेटिंग आपूर्ति कुल जारी करने का 6 प्रतिशत है, साथ ही तरलता खनन कार्यक्रम के पहले दो हफ्तों के लिए .5 प्रतिशत है। 1INCH की वर्तमान कुल आपूर्ति 1.5 बिलियन टोकन है।

कुल टोकन आपूर्ति में से, 30 प्रतिशत सामुदायिक प्रोत्साहनों के लिए आवंटित किया गया था, और प्रोटोकॉल शासन में समुदाय के सदस्यों को शामिल करने के लिए प्रोत्साहन बनाने के लिए उन्हें अगले चार वर्षों में पारित कर दिया जाएगा।

चार साल की अवधि में भी, कुल आपूर्ति का 14.5 प्रतिशत प्रोटोकॉल विकास और विकास निधि का निर्माण करेगा, जिसका उपयोग अनुदान जारी करने, डेवलपर्स को लाने और अप्रत्याशित परिस्थितियों के कारण किसी भी उपयोगकर्ता को चुकाने के लिए किया जाता है।

### 1 इंच नेटवर्क कैसे सुरक्षित है?

1 इंच गैर-कस्टोडियल है, और सभी ट्रेड उपयोगकर्ता के ईथीरियम-आधारित वॉलेट से एक लेनदेन के भीतर होते हैं। दिसंबर 2020 तक, Oasis, Kyber Network, Uniswap, 0x Relays और अन्य को 1inch के प्रोटोकॉल में एकीकृत किया गया है।

### आप 1 इंच (1INCH) कहां से खरीद सकते हैं?

दिसंबर 2020 के अंत में 1 इंच लॉन्च होने के बाद, 24 दिसंबर की मध्यरात्रि से 1 इंच के साथ बातचीत करने वाले सभी वॉलेट को 1 इंच के टोकन प्राप्त हुए यदि वे कुछ मानदंडों को पूरा करते हैं। 1 इंच के तरलता प्रदाताओं को 1 इंच के तरलता खनन कार्यक्रम के चरण 1 और 2 के अनुसार 1 इंच के टोकन भी मिलेंगे।

1INCH कई एक्सचेंजों पर उपलब्ध है, जिनमें [Binance](https://coinmarketcap.com/hi/exchanges/binance/), [Huobi Global](https://coinmarketcap.com/hi/exchanges/huobi-global/), [Uniswap](https://coinmarketcap.com/hi/exchanges/uniswap-v2/) और 1inch शामिल हैं।

आपके लिए बिटकॉइन खरीदने के सर्वोत्तम तरीके के बारे में अधिक जानने के लिए, [यहां](https://coinmarketcap.com/how-to-buy-bitcoin/) "बिटकॉइन कैसे खरीदें" पर हमारी मार्गदर्शिका देखें।

1inch Network

Just Five Altcoins in the Top 100 Are Up Right Now… Which Ones?

Top 10 BNB Chain Projects in 2022

Airdrop Analysis by Flipside Crypto: FEI, UNI and 1inch

What Is 1inch Network (1INCH)?

What Is a Crypto Faucet?

Binance

Ledger

HyperPay

Trust Wallet

MetaMask

Binance Chain Wallet

SolFlare

Backpack

Phantom

Atomic wallet

The 1inch Network unites decentralized protocols whose synergy enables the most lucrative, fastest and protected operations in the DeFi space.

Ethereum

Shiba Inu

Chainlink

UNUS SED LEO

Uniswap

MX Token

Nexo

Decentraland

Safe

Pendle

PAX Gold

AIOZ Network

APENFT

Synthetix

DAV Coin

Popsicle Finance

Panther Protocol

Hippo Wallet Token (HPO)

Nostra

SushiSwap (SUSHI) is an example of an automated market maker (AMM). An increasingly popular tool among cryptocurrency users, AMMs are decentralized exchanges which use smart contracts to create markets for any given pair of tokens.

SushiSwap launched in September 2020 as a fork of Uniswap, the AMM which has become synonymous with the decentralized finance (DeFi) movement and associated trading boom in DeFi tokens.

SushiSwap aims to diversify the AMM market and also add additional features not previously present on Uniswap, such as increased rewards for network participants via its in-house token, SUSHI.

SushiSwap

Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens.

An example of an automated market maker (AMM), Uniswap launched in November 2018, but has gained considerable popularity this year thanks to the DeFi phenomenon and associated surge in token trading.

Uniswap aims to keep token trading automated and completely open to anyone who holds tokens, while improving the efficiency of trading versus that on traditional exchanges.

Uniswap creates more efficiency by solving liquidity issues with automated solutions, avoiding the problems which plagued the first decentralized exchanges.

In September 2020, Uniswap went a step further by creating and awarding its own governance token, UNI, to past users of the protocol. This added both profitability potential and the ability for users to shape its future — an attractive aspect of decentralized entities.

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:

PancakeSwap

Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity.

Launched in January 2020, Curve is now synonymous with the decentralized finance (DeFi) phenomenon, and has seen significant growth in the second half of 2020.

In August, Curve launched a decentralized autonomous organization (DAO), with CRV as its in-house token. The DAO uses Ethereum-based creation tool Aragon to connect multiple smart contracts used for users’ deposited liquidity. Issues such as governance, however, differ from Aragon in their weighting and other respects.

Curve DAO Token

Compound is a DeFi lending protocol that allows users to earn interest on their cryptocurrencies by depositing them into one of several pools supported by the platform.

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

When a user deposits tokens to a Compound pool, they receive cTokens in return. These cTokens represent the individual’s stake in the pool and can be used to redeem the underlying cryptocurrency initially deposited into the pool at any time. For example, by depositing ETH into a pool, you will receive cETH in return. Over time, the exchange rate of these cTokens to the underlying asset increases, which means you can redeem them for more of the underlying asset than you initially put in — this is how the interest is distributed.

On the flip side, borrowers can take a secured loan from any Compound pool by depositing collateral. The maximum loan-to-value (LTV) ratio varies based on the collateral asset, but currently ranges from 50 to 75%. The interest rate paid varies by borrowed asset and borrowers can face automatic liquidation if their collateral falls below a specific maintenance threshold.

Since the launch of the Compound mainnet in September 2018, the platform has skyrocketed in popularity, and recently passed more than $800 million in total locked value.

Compound

Flow

In a nutshell, Cosmos bills itself as a project that solves some of the “hardest problems” facing the blockchain industry. It aims to offer an antidote to “slow, expensive, unscalable and environmentally harmful” proof-of-work protocols, like those used by Bitcoin, by offering an ecosystem of connected blockchains.

The project’s other goals include making blockchain technology less complex and difficult for developers thanks to a modular framework that demystifies decentralized apps. Last but not least, an Interblockchain Communication protocol makes it easier for blockchain networks to communicate with each other — preventing fragmentation in the industry.

Cosmos’ origins can be dated back to 2014, when Tendermint, a core contributor to the network, was founded. In 2016, a white paper for Cosmos was published — and a token sale was held the following year. ATOM tokens are earned through a hybrid proof-of-stake algorithm, and they help to keep the Cosmos Hub, the project’s flagship blockchain, secure. This cryptocurrency also has a role in the network’s governance.

Cosmos

Aave

Polkadot is an open-source sharded multichain protocol that connects and secures a network of specialized blockchains, facilitating cross-chain transfer of any data or asset types, not just tokens, thereby allowing blockchains to be interoperable with each other. Polkadot was designed to provide a foundation for a decentralized internet of blockchains, also known as Web3.

Polkadot is known as a layer-0 metaprotocol because it underlies and describes a format for a network of layer 1 blockchains known as parachains (parallel chains). As a metaprotocol, Polkadot is also capable of autonomously and forklessly updating its own codebase via on-chain governance according to the will of its token holder community.

Polkadot provides a foundation to support a decentralized web, controlled by its users, and to simplify the creation of new applications, institutions and services.

The Polkadot protocol can connect public and private chains, permissionless networks, oracles and future technologies, allowing these independent blockchains to trustlessly share information and transactions through the Polkadot Relay Chain (explained further down).

Polkadot’s native DOT token serves three clear purposes: staking for operations and security, facilitating network governance, and bonding tokens to  connect parachains .

Polkadot has four core components:

Relay Chain: Polkadot’s “heart,” helping to create consensus, interoperability and shared security across the network of different chains;

Parachains: independent chains that can have their own tokens and be optimized for specific use cases;

Parathreads: similar to parachains but with flexible connectivity based on an economical pay-as-you-go model;

Bridges: allow parachains and parathreads to connect and communicate with external blockchains like Ethereum.

Polkadot

Self-described as "Polkadot's wild cousin," Kusama is an experimental blockchain platform that is designed to provide a massively interoperable and scalable framework for developers.

Kusama is built on Substrate — a blockchain building kit developed by Parity Technologies. Kusama has almost the same codebase as Polkadot — one of the most successful interoperable blockchains.

By deploying on Kusama, fast-paced projects gain access to a highly scalable, interoperable sharded network, with features that are not yet available on Polkadot. To that end, Kusama describes itself as a “canary network.”

The platform is designed to provide a testbed for developers looking to innovate and deploy their own blockchain and can be used as a preparatory network before launching on Polkadot — though many projects opt to stick with Kusama for their final product.

Kusama benefits from a low barrier to entry for deploying parachains, low bond requirements for validators, and is most commonly used by early-stage startups and for experimentation.

Kusama

Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin's flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores.

Enjin allows game developers to tokenize in-game items on the Ethereum blockchain. It uses Enjin Coin, an ERC-20 token, to back the digital assets issued using its platform, meaning that items can be bought, sold and traded with real-world value.

Enjin Coin was first announced in July 2017, and it launched on the Ethereum mainnet in June 2018.

Enjin Coin (ENJ) is a digital store of value used to back the value of blockchain assets like non-fungible tokens (NFTs).
Every asset minted with the Enjin Platform contains ENJ, a minting resource which is locked inside NFTs and removed from circulation. Minting blockchain assets with ENJ provides a variety of benefits to creators and users:

Infuses them with a reserve value

Ensures their transparency and scarcity

Gives them instant liquidity

Provides utility in games and apps

Anti-inflationary

Enjin's "melting" functionality allows users to destroy their blockchain assets at any time to retrieve the ENJ value from within.

The Enjin blockchain ecosystem aims to offer software products that make it easy for everyone to develop, trade, monetize, and market with blockchain.

Founded in 2009, Enjin has roots in the gaming industry, with the company’s first product, a gaming community platform called the Enjin Network, growing to 20 million users over the course of a decade.

In 2017 following an ICO, Enjin established itself as a leading blockchain ecosystem developer, building a suite of software products that enable anyone to easily mint, manage, trade, distribute, and integrate blockchain assets.

Enjin’s co-founder Witek Radomski wrote the code for one of the first ever non-fungible tokens (NFTs) and is also the co-author of the ERC-1155 Ethereum token standard.

Built on top of an on-chain infrastructure, the Enjin ecosystem enables game developers and businesses of all sizes to use tokenized digital assets as part of their acquisition, retention, engagement, and monetization strategies. The Enjin ecosystem is fueled by Enjin Coin (ENJ), a cryptocurrency used to back the value of blockchain assets.

Enjin Coin

The Graph is an indexing protocol for querying data for networks like Ethereum and IPFS, powering many applications in both DeFi and the broader Web3 ecosystem. Anyone can build and publish open APIs, called subgraphs, that applications can query using GraphQL to retrieve blockchain data. There is a hosted service in production that makes it easy for developers to get started building on The Graph and the decentralized network will be launching later this year. The Graph currently supports indexing data from Ethereum, IPFS and POA, with more networks coming soon.

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

To date, over3,000 subgraphs have been deployed by thousands of developers, for DApps like Uniswap, Synthetix, Aragon, AAVE, Gnosis, Balancer, Livepeer, DAOstack, Decentraland and many others. The Graph usage has been growing at over 50% MoM and hit over 7 billion queries during the month of September 2020.

The Graph has a global community, including over 200 Indexer Nodes in the testnet and more than 2,000 Curators in the Curator Program as of October 2020. To fund network development, The Graph raised funds from community members, strategic VCs and influential individuals in the blockchain community including Coinbase Ventures, DCG, Framework, ParaFi Capital, CoinFund, DTC, Multicoin, Reciprocal Ventures, SPC, Tally Capital and others. The Graph Foundation also successfully completed a public GRT Sale with participation from 99 countries (not including the U.S.). To date as of November 2020, The Graph has raised ~$25M.

The Graph

The EOS Network is an open-source blockchain platform that prioritizes high performance, flexibility, security, and developer experience. As a third-generation blockchain platform powered by the EOS virtual machine, EOS has an extensible WebAssembly engine for deterministic execution of near fee-less transactions.

EOS is the market's most scalable, divisible, and programmable digital currency. EOS is a Delegated Proof of Stake (DPoS) network where stakeholders have the authority to select node operators. EOS is fully decentralized power doesn't reside in the hands of block miners, but rather all parties involved in the EOS Network.

The EOS Network is attractive because of its technology and community. It allows developers to build projects that other blockchains cannot support. The network is straightforward and has multiple tools and educational resources to help users acclimate to the blockchain.

Launched in 2011 by Pixowl, The Sandbox is a blockchain-based virtual world allowing users to create, build, buy and sell digital assets in the form of a game. By combining the powers of decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs), the Sandbox creates a decentralized platform for a thriving gaming community.

According to the official whitepaper, the Sandbox platform’s main mission is to introduce blockchain technology in mainstream gaming successfully. The platform focuses on facilitating a creative “play-to-earn” model, which allows users to be both creators and gamers simultaneously. The Sandbox employs the powers of blockchain technology by introducing the SAND utility token, which facilitates transactions on the platform.

The Sandbox

Tezos is a high-performing blockchain and open-source platform for assets and applications, with a strong focus on code security, on-chain governance, and decentralization. Tezos 2.0, the upcoming step in the evolution of Tezos, aims to improve scalability (via layer 2s), composability, and to implement support to mainstream programming languages (like Javascript, Typescript, Python, and many others).

Initially built with formal verification in mind, the Tezos protocol enables builders to avoid bugs when developing smart contracts, making it particularly suited to applications that require a high degree of security and certainty.

Tezos’ LPoS (Liquid Proof-of-Stake) consensus mechanism enables any stakeholder to take part, directly or by delegation, in the consensus process, and to be rewarded for securing the network. Rather uniquely, Tezos’ on-chain governance system also enables stakeholders to create and vote on protocol upgrade proposals. This pioneering system allows the protocol to self-amend and upgrade itself without leading to a split (or fork) in the blockchain, empowering the community without slowing down innovation.

First proposed in 2014 and launched in 2018, the Tezos Mainnet has a proven track record of running uninterrupted ever since, having earned a strong reputation for technical excellence and a supportive community.

Tezos

Chiliz is the leading digital currency for sports and entertainment by the eponymous Malta-based FinTech provider. It operates the blockchain-based sports entertainment platform Socios, which enables users to participate in the governance of their favorite sports brands. Multiple fan tokens by Socios.com are an example of that. For sports clubs and associations, fan tokens offer a way of connecting with their fans and unlocking new revenue streams.

For instance, fans can participate and influence club-related decisions through surveys and polls, such as messages the captain should wear on his armband. The company aims to bridge the gap between being an active and a passive fan. Chiliz has developed partnerships with some of the biggest sporting institutions in the world: FC Barcelona, Manchester City, Juventus Turin, and Paris Saint-Germain. It also boasts partnerships with the UFC and gaming organizations. By purchasing CHZ, fans get access to various fan tokens and literally have a stake in their club.

Chiliz

Filecoin is a decentralized storage system that aims to “store humanity’s most important information.” The project raised $205 million in an initial coin offering (ICO) in 2017, and initially planned a launch date for mid-2019. However, the launch date for the Filecoin mainnet was pushed back until block 148,888, which is expected in mid-October 2020.

The project was first described back in 2014 as an incentive layer for the Interplanetary File System (IPFS), a peer-to-peer storage network where users pay for data storage and distribution services in $FIL. Filecoin is open protocol and backed by a blockchain that records commitments made by the network’s participants, with transactions made using FIL, the blockchain’s native currency. The blockchain is based on both proof-of-replication and proof-of-spacetime.

Filecoin is open-source and decentralized, which means that all governance is in the hands of the community. On the Filecoin platform, developers have the opportunity to create cloud file storage services like Dropbox or iCloud. Anyone can join Filecoin and start storing their data or earn money by providing space for someone else's funds. The creators of Filecoin opted for their blockchain technology to run the network and their token with their own consensus.

$FIL is the native currency of Filecoin that powers the entire network and all processes. Clients pay for transactions in FIL tokens. Miners place FIL as collateral, guaranteeing their services.

The developers claim that Filecoin solves the problem of inefficient file storage and retrieval. Customers can find the right solution with an efficient set of tools and its core development, IPFS.

Filecoin

Synthetix is building a decentralized liquidity provisioning protocol that any protocol can tap into for various purposes. Its deep liquidity and low fees serve as a backend for many exciting protocols on both Optimism and Ethereum. Many user-facing protocols in the Synthetix ecosystem, such as Kwenta (Spot and Futures), Lyra (Options), Polynomial (Automated Options), and 1inch & Curve (Atomic Swaps), tap into Synthetix liquidity to power their protocols. Synthetix is built on Optimism and Ethereum mainnet. The Synthetix Network is collateralized by SNX, ETH, and LUSD, enabling the issuance of synthetic assets (Synths). Synths track and provide returns on the underlying asset without requiring one to directly hold the asset. This pooled collateral enables an array of on-chain, composable financial instruments backed by liquidity from Synthetix. Some of the most exciting upcoming releases from SNX are Perps V2, which hopes to enable low-fee on-chain futures trading through the usage of off-chain oracles, and Synthetix V3, which aims to rebuild the protocol to achieve its earliest goal, being a fully permissionless derivatives protocol. Learn more about Synthetix on their blog or by joining the SNX Discord.

The platform aims to broaden the cryptocurrency space by introducing non-blockchain assets, providing access to a more robust financial market.

Decentraland (MANA) defines itself as a virtual reality platform powered by the Ethereum blockchain that allows users to create, experience, and monetize content and applications.

In this virtual world, users purchase plots of land that they can later navigate, build upon and monetize.

Decentraland was launched following a $24 million initial coin offering (ICO) that was conducted in 2017. The virtual world launched its closed beta in 2019 and opened to the public in February 2020. Since then, users have created a wide range of experiences on their parcels of LAND, including interactive games, sprawling 3D scenes and a variety of other interactive experiences.

Decentraland uses two tokens: MANA and LAND. MANA is an ERC-20 token that must be burned to acquire non-fungible ERC-721 LAND tokens. MANA tokens can also be used to pay for a range of avatars, wearables, names, and more on the Decentraland marketplace.

Decentraland (MANA) is a decentralized virtual world platform with software based on the Ethereum blockchain, where users create, test and monetize content. In short: users buy virtual plots of land as NFTs with MANA tokens on the Decentraland platform. Progress in the game depends only on players themselves, their efforts and their imagination.

The digital platform is completely owned by its users. Within the Decentraland metaverse, participants can explore the virtual world, purchase plots of land that can be monetized, create works of art, own non-fungible tokens (NFTs), and take part in a decentralized autonomous organization of the platform Decentraland DAO. Due to the DAO, the community influences the development vector of the project.

In addition, users have access to interactive applications, in-world payments and peer-to-peer communication. The 3D world resonates with many participants as Decentraland has many applications, both entertainment for gamers and business for investors.

Two types of tokens called MANA and LAND govern operations in Decentraland. They also allow users to interact with the platform.

MANA is the official currency of Decentraland. It’s an ERC-20 standard token that powers the Decentraland platform. With MANA, users can purchase plots of LAND, as well as pay for in-game items and services.

MANA gives its holders the right to vote in Decentraland DAO. MANA can be purchased on a cryptocurrency exchange or by selling collectibles on Decentraland Marketplace. The owner of tokens converts them to wrapped MANA, or wMANA, and then commits them to the DAO. One wMANA equals one vote. MANA can be exchanged for fiat currency and other digital assets.

As for LAND, it’s a non-fungible token (NFT) based on Ethereum (ETH). It is used to track ownership of land parcels aka digital real estate. Like MANA, LAND is part of the protocol and confers voting rights, but LAND does not need to be fixed in the DAO. One LAND is equal to two thousand votes.

Players choose what to do with their land. Owners store tokens in crypto wallets and buy necessities with MANA tokens on the Decentraland Marketplace. Moreover, on the marketplace, participants can manage or exchange LAND tokens (priced in MANA). Holders use the marketplace to transact or transfer in-game items. All transactions are conducted, regulated and registered via the Ethereum blockchain.

Decentraland combines an online gaming space and blockchain technology. All control over the rules is given to the players, and token holders vote on in-game and organizational policies. The original goal was to form a decentralized virtual reality, but in practice, Decentraland has turned into a massive NFT market.

A special role in Decentraland is assigned to NFTs, such as collectibles, virtual equipment and real estate (LAND). However, for new players who want to join the universe and seize NFTs, the entry barrier will be high.

The Decentraland protocol is built on three levels using Ethereum smart contracts. On the consensus layer, the ownership of LAND is tracked and managed. The land content layer displays the content of the Decentraland virtual world. Finally, on the real-time layer, participants interact with each other.

The platform was co-founded by two blockchain experts, Ari Meilich and Esteban Ordano, in 2015. Officially it was launched a year later and became available only in February 2020, gradually turning from a 2D experiment into a full-fledged 3D world.

To sum up, Decentraland is a decentralized game and a 3D virtual reality platform where players own lands and create limitlessly. Decentralized Autonomous Organization (DAO) software is at the core, and governance is in the hands of the community. Through the native token MANA, players participate in any proposals for managing and improving the ecosystem, the auction system, and the in-game policy.

Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. These systems are secure, scalable and efficient, all critical properties for effective applications in the real world. Algorand will support computations that require reliable performance guarantees to create new forms of trust.

The Algorand mainnet became live in June 2019, and was able to handle almost 1 million transactions per day as of December 2020. Algorand transaction metrics can be viewed here. Algorand initial coin offering (ICO) was held in June 2019, with the Algorand price of $0.24 per token.