## बीकोनॉमी (BICO) क्या है?

[बिकोनॉमी](https://coinmarketcap.com/hi/currencies/biconomy/ico/) एक मल्टीचैन रिलेयर प्रोटोकॉल है जिसका उद्देश्य डिसेंट्रलाइज्ड ऍप्लिकेशन्स ([DApps](https://coinmarketcap.com/alexandria/glossary/decentralized-applications-dapps)) पर उपयोगकर्ता के ऑनबोर्डिंग और लेनदेन के अनुभव को बेहतर बनाना है। प्रोजेक्ट का घोषित लक्ष्य वेब3 प्रोडक्ट्स को वेब2 प्रोडक्ट्स के रूप में सहज और उपयोग में आसान बनाना है। Biconomy कई web3 बाधाओं को हल करने के लिए एक बुनियादी ढांचा प्रदान करता है:

* यह प्रोटोकॉल [गैस](https://coinmarketcap.com/alexandria/glossary/gas) शुल्क का भुगतान किए बिना उपयोगकर्ताओं को ऑनबोर्ड कर सकते हैं।
* उपयोगकर्ता अपनी पसंद के [ERC-20](https://coinmarketcap.com/alexandria/glossary/erc-20) टोकन में गैस शुल्क का भुगतान कर सकते हैं।
* उपयोगकर्ता नेटवर्क के परिवर्तन जैसी ब्लॉकचेन जटिलताओं से बचते हैं।
* लेनदेन की पुष्टि बहुत तेजी से हो जाती है।

संक्षेप में, बीकोनॉमी लेनदेन प्रबंधन और गैस शुल्क अनुकूलन पर ध्यान केंद्रित करती है और गैस शुल्क को 40% तक कम कर सकती है। इसे प्राप्त करने के लिए प्रोटोकॉल मेटा लेनदेन का उपयोग करता है, जिससे उपयोगकर्ता शून्य गैस शुल्क के साथ लेनदेन जमा कर सकते हैं और उपयोगकर्ता के लिए लेनदेन शुल्क के लिए तीसरे पक्ष का भुगतान कर सकते हैं। बीकोनॉमी, एक गैर-कस्टोडियल और गैस-एफ्फिसिएंट रिलेयर इंफ्रास्ट्रक्चर नेटवर्क प्रदान करके, इसे बड़े पैमाने पर करने में सक्षम है।

### बीकोनॉमी के संस्थापक कौन हैं?

बीकोनॉमी की स्थापना ब्लॉकचेन उद्यमियों की एक अंतरराष्ट्रीय टीम ने की थी। प्रोजेक्ट के सह-संस्थापकों में से एक क्वीन मैरी यूनिवर्सिटी के पूर्व छात्र अहमद अल-बालाघी ने चीन, यूके और संयुक्त अरब अमीरात में ब्लॉकचेन उद्योग में तीन साल से अधिक समय बिताया है और पहले एक प्रमुख चीनी ब्लॉकचेन कंपनी व्यूफिन के लिए काम किया है। अन्य दो सह-संस्थापक भारतीय ब्लॉकचेन उद्यमी सचिन तोमर हैं, जिनकी पृष्ठभूमि सॉफ्टवेयर इंजीनियरिंग में है| और दूसरे अनिकेत जिंदल, जो पहले संयुक्त अरब अमीरात में ब्लॉकचेन प्रोजेक्ट के लिए काम करते थे।

बीकोनॉमी को कई प्रतिष्ठित ब्लॉकचैन वेंचर कैपिटलिस्ट्स जैसे कॉइनबेस वेंचर्स, बाइनैंस लांचपैड, मैकेनिज्म कैपिटल, हुआबि वेंचर्स और कई अन्य लोगों का भी समर्थन प्राप्त है।

### क्या बनता है बीकोनॉमी को सबसे अलग?

बिकोनॉमी ब्लॉकचेन स्पेस में एक आम समस्या का एक अनूठा समाधान प्रदान करता है। कई कारणों से, डीसेंट्रलाइज़्ड एप्लीकेशन के साथ अंतःक्रिया वेब 2 एप्लीकेशन के समान सहज नहीं है। उदाहरण के लिए, वेब 3 एप्लीकेशन के लिए गैस शुल्क की आवश्यकता होती है, लेकिन वेब 2 एप्लीकेशन के लिए उपयोग शुल्क का भुगतान करने के बराबर नहीं है। ईथीरियम नेटवर्क पर गैस शुल्क का भुगतान हमेशा ईथर में किया जाता है, भले ही उपयोगकर्ता अपने ईथर को खर्च नहीं करना चाहते हो। इसके अलावा वेब वॉलेट का उपयोग करने, लेनदेन पर हस्ताक्षर करने और गैस की पेचीदगियों को समझने में आवश्यक दक्षता के कारण नए उपयोगकर्ताओं को शामिल करना जटिल हो सकता है।

बीकोनॉमी इसे अपने रिलेयर इन्फ्रास्ट्रक्चर नेटवर्क के साथ हल करती है, जो पहले से ही कई प्रोटोकॉल द्वारा उपयोग किया जा रहा है|

* [कर्व फाइनेंस](https://coinmarketcap.com/hi/currencies/curve-dao-token/) गैस रहित [बीटीसी](https://coinmarketcap.com/hi/currencies/bitcoin/) जमा करने के लिए मेटा लेनदेन करने के लिए बीकोनॉमी का उपयोग कर रहा है। इसमें उपयोगकर्ता अपने निष्क्रिय BTC को [renBTC](https://coinmarketcap.com/hi/currencies/renbtc/) के लिए स्वैप करके गैस का भुगतान किए बिना तरलता प्रदान करने के लिए तैनात कर सकते हैं।
* [परपेचुअल प्रोटोकॉल](https://coinmarketcap.com/hi/currencies/perpetual-protocol/) अपने व्यापारियों को xDAI चेन पर बीकोनॉमी की बदौलत गैस रहित लेनदेन प्रदान करता है। उपयोगकर्ता ब्लॉकचेन अज्ञेय लेनदेन का भी आनंद लेते हैं, क्योंकि उनके वेब वॉलेट में RPC युआरएल को बदलने की कोई आवश्यकता नहीं है।
* [डिसेंट्रल गेम्स](https://coinmarketcap.com/hi/currencies/decentral-games/) अपने उपयोगकर्ताओं को बीकोनॉमी की मदद से गैस शुल्क हटाकर एक सहज गेमिंग अनुभव प्रदान करता है। खिलाड़ियों को केवल इन-गेम मुद्रा प्राप्त होती है और डिसेंट्रल गेम्स द्वारा उपयोग किए जाने वाले पॉलीगॉन ब्लॉकचेन पर लेनदेन के लिए [मैटिक](https://coinmarketcap.com/hi/currencies/polygon/)(MATIC) को धारण करने की आवश्यकता नहीं होती है।
* [सेपियन नेटवर्क](https://coinmarketcap.com/hi/currencies/sapien/) एक सोशल ब्लॉगिंग प्लेटफॉर्म है| यह गैस रहित लेनदेन को भी सक्षम बनाता है। नए ब्लॉगर प्लेटफॉर्म पर एसपीएन (SPN) का मुफ्त में लेन-देन कर सकते हैं।

#### संबन्धित पेज:

[अल्गोरंड (ALGO) देखें](https://coinmarketcap.com/hi/currencies/algorand/) - एक परत-एक ब्लॉकचेन।

[कॉसमॉस (ATOM)](https://coinmarketcap.com/hi/currencies/cosmos/) देखें - विभिन्न परत-एक ब्लॉकचेन।

[गिटकॉइन के बारे में पढ़ें](https://coinmarketcap.com/alexandria/article/what-is-gitcoin-gtc)।

[CoinMarketCap ब्लॉग के](https://coinmarketcap.com/alexandria/categories/blog) साथ नवीनतम क्रिप्टो समाचार और नवीनतम ट्रेडिंग अंतर्दृष्टि प्राप्त करें।

बीकोनॉमी (BICO) के कितने सिक्के प्रचलन में हैं?

BICO एक बिलियन की कुल आपूर्ति के साथ नेटवर्क का मूल उपयोगिता टोकन है। नेटवर्क पर नोड ऑपरेटर ब्लॉकचैन में जानकारी जोड़ने के लिए BICO में लेनदेन शुल्क का भुगतान करते हैं। टोकन धारक नेटवर्क को [दांव](https://coinmarketcap.com/alexandria/glossary/staking) पर लगाने और सुरक्षित करने से पुरस्कार अर्जित कर सकते है। BICO का उपयोग शासन के प्रस्तावों पर वोट देने के लिए भी किया जाता है, जैसे कोड बदलना, अतिरिक्त सेवाएं जोड़ना या ट्रेजरी फंड का उपयोग। टोकन आवंटन इस प्रकार है-

* समुदाय (38.12%): टीजीई पर 7.5%, 47 महीने लीनियर रिलीज।
* फाउंडेशन (10%): टीजीई पर 10%, 12 महीने का लॉकअप, 24 महीने लीनियर रिलीज।
* टीम और सलाहकार (22%): 12 महीने क्लिफ, 24 महीने रैखिक रिलीज।
* प्री-सीड राउंड (6%): 9 महीने का लॉकअप, 27 महीने का लीनियर रिलीज।
* सीड राउंड (6.38%): 9 महीने लॉकअप, 24 महीने लीनियर रिलीज।
* प्राइवेट राउंड (12%): टीजीई पर 10%, 12 महीने का लॉकअप, 24 महीने का लीनियर रिलीज।
* रणनीतिक निवेशक (0.5%): टीजीई पर 10%, 6 महीने का लॉकअप, 24 महीने लीनियर रिलीज।
* सार्वजनिक बिक्री (5%): 3 महीने की लीनियर रिलीज़। या TGE पर 10%, छह महीने का लॉकअप, छह महीने की लीनियर रिलीज़।

### बीकोनॉमी नेटवर्क कैसे सुरक्षित है?

क्वांटस्टैम्प, मिक्सबाइट्स, सर्टिक और हैलबोर्न द्वारा बीकोनॉमी के [स्मार्ट कॉन्ट्रैक्ट्स](https://coinmarketcap.com/alexandria/glossary/smart-contract) का ऑडिट किया गया है।

बीकोनॉमी एक सॉफ्टवेयर डेवलपमेंट किट प्रदान करके गैस रहित लेनदेन को सक्षम बनाता है जिसे डेवलपर्स कोड की कुछ पंक्तियों के साथ अपने DApp में जोड़ सकते हैं। बीकोनॉमी [गैर-हिरासत](https://coinmarketcap.com/alexandria/glossary/non-custodial) और भरोसेमंद है, क्योंकि उपयोगकर्ता अपनी संबंधित निजी कुंजी के साथ सभी परिवर्तनो पर हस्ताक्षर करते हैं। हस्ताक्षरित डेटा बीकोनॉमी द्वारा जांचा जाता है और नेटवर्क द्वारा बदला नहीं जा सकता है। इसके अलावा भविष्य में अधिक सुरक्षा सुनिश्चित करने के लिए बीकोनॉमी की योजना डीसेंट्रलाइज़ की है।

### बीकोनॉमी (BICO) ट्रेडिंग कब शुरू होगी?

14 अक्टूबर 2021 को BICO ने अपनी सार्वजनिक बिक्री बंद कर दी।

What Is Biconomy (BICO)? Features, Tokenomics, and Price Prediction

Binance

Biconomy

Trust Wallet

MetaMask

Ethereum

Shiba Inu

Chainlink

Uniswap

Pepe

0x Protocol

Pixels

Arcblock

Illuvium

MX TOKEN

Reserve Rights

Altlayer

SPACE ID

APENFT

Aragon

Apes Go Bananas

OmniCat

IX Swap

RefundCoin

EscoinToken

Moonbeam is an Ethereum-compatible smart contract parachain on Polkadot. Moonbeam makes it easy to use popular Ethereum developer tools to build or redeploy Solidity projects in a Substrate-based environment.

Moonbeam is much more than just an EVM implementation: it’s a highly specialized parachain that mirrors Ethereum’s Web3 RPC, accounts, keys, subscriptions, logs, and more. The Moonbeam platform extends the base Ethereum feature set with additional features such as on-chain governance, staking, and cross-chain integrations.

Moonbeam’s Ethereum compatibility is unmatched:

Minimal Changes: developers can use existing Solidity smart contracts right away, with no need to rewrite or reconfigure

Use Existing Developer Tools: connect popular tools like MetaMask, Hardhat, Waffle, Remix, and Truffle via a complete set of Web3 RPC endpoints. Use well-known Javascript libraries such as Web3.Js or Ethers.Js.

Unified Accounts, Addresses, and Signatures: use your existing Ethereum H160 accounts & ECDSA signatures to interact with Moonbeam

Tap into the Most Integrations on Polkadot: use existing oracles, bridges, wallets, and other tools that are already building on Moonbeam

Moonbeam provides integration and connectivity between Polkadot Parachains as well as with other chains such as Ethereum and Bitcoin via bridges. Moonbeam was started in 2019 by Derek Yoo of Pure Stake.

Moonbeam

Flow

Ethereum-based DYDX ($ethDYDX) is a governance token that allows the dYdX community to truly govern the dYdX Layer 2 Protocol built on Ethereum ("dYdX v3"). ethDYDX is currently undergoing a migration from Ethereum to the dYdX Chain. More information is available here. If you want to migrate ethDYDX to dYdX Chain DYDX, to enable staking, security and governance of the dYdX Chain you can follow the how-to-bridge guide here.

If you want to read about the new token utility for dYdX Chain DYDX you can read the blog here

ethDYDX (dYdX) is the governance token for the layer 2 protocol built on Ethereum. By enabling shared control of dYdX v3, ethDYDX allows traders, liquidity providers, and partners of dYdX to work collectively towards an enhanced dYdX v3.

Built on StarkWare’s StarkEx scalability engine, layer 2 is used for trading of cross-margined perpetuals on the platform. The scaling solution allows dYdX to increase transaction speed, eliminate gas costs, reduce trading fees and lower​​ minimum trade sizes on the protocol.

A total of 1,000,000,000 ethDYDX have been minted, and started to become accessible over five (5) years, on August 3rd, 2021, at 15:00:00 UTC.

dYdX (ethDYDX)

Mina Protocol is a minimal “succinct blockchain” built to curtail computational requirements in order to run DApps more efficiently. Mina has been described as the world’s lightest blockchain since its size is designed to remain constant despite growth in usage. Furthermore, it remains balanced in terms of security and decentralization. The project was rebranded from Coda Protocol to Mina in October 2020.

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

The Mina network has a size of only 22 KB, which is miniscule when compared to Bitcoin’s 300 GB blockchain.

Mina

Galxe is the world's leading Web3 credential data network and was launched on April 28, 2022, on Binance Launchpool.

Galxe is built on open and collaborative infrastructure that allows Web3 developers and projects to profit from credential data by building better products and communities.

Data curators are rewarded when users employ their credentials in Project Galaxy's Application Modules, Credential Oracle Engine and Credential API at the same time.

Galxe

Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain. ENS converts human-readable Ethereum addresses like john.eth into the machine-readable alphanumeric codes you know from wallets like Metamask. The reverse conversion -- associating metadata and machine-readable addresses with human-readable Ethereum addresses -- is also possible.

The goal of Ethereum Name Service is to make the Ethereum-based web easier to access and comprehend for humans - similar to how the Internet’s Domain Name Service makes the internet more accessible. Like DNS, ENS also uses a system of dot-separated hierarchical names called domains with domain owners fully controlling their subdomains.

ENS launched with a highly successful retroactive airdrop in November 2021 that rewarded users who had registered addresses before the project launched its token. However, in February 2022, it faced criticism over apparently homophobic tweets by its director of operations.

Ethereum Name Service

Mask Network is a protocol that allows its users to send encrypted messages over Twitter and Facebook. It essentially acts as a bridge between the internet and a decentralized network running on top.

Mask Network was initially launched in July 2019, with its first use case of allowing Facebook and Twitter users to encrypt posts on the social media platforms. It then raised $2 million in a funding round in November 2020, co-led by HashKey and Hash Global, and a further $3 million funding round in February 2021 with participation from Digital Currency Group and Fundamental Labs.

Now, Mask Network offers the ability to fund Gitcoin grant campaigns directly from Twitter, as well as plans to offer peer-to-peer payments and decentralized storage functionality. It is a decentralized portal that also allows users to use DApps like crypto payments, decentralized finance, decentralized storage, e-commerce (digital goods/NFTs) and decentralized organizations (DAO) over the top of existing social networks without migrating, creating what is referred to as a decentralized Applet (DApplet) ecosystem.

Mask Network

Immutable positions itself as the first layer-two scaling solution for NFTs on Ethereum. According to Immutable, its blockchain does away with Ethereum’s limitations like low scalability, a poor user experience, illiquidity, and a slow developer experience. Instead, users benefit from instant trading and massive scalability while enjoying zero gas fees for minting and trading NFTs without compromising user or asset security.

Thanks to this technology, users will be able to create and distribute assets like ERC-20 and ERC-721 tokens on a massive scale. Chris Clay, the game Director of Gods Unchained, a project already building on Immutable, stated that Immutable allows Gods Unchained to implement a new meta-system that was previously impossible. In this fashion, Immutable aims to create a world-class experience for users and developers alike.

Immutable

SKALE, described as a modular blockchain network, is designed to bring scalability to Ethereum. SKALE is the only blockchain network capable of running an unlimited number of fast, on-demand, pooled-security Blockchains with zero gas fees to end users. These individual chains are known as SKALE chains and can be dapp-specific or shared.

The project’s website says it wants to enable people to build and run DApps in a “decentralized modular cloud built for real-world needs and configured for your requirements.” This emphasis on decentralization isn’t at the expense of security.

According to SKALE, those who build on this platform can run Solidity smart contracts “thousands of times faster at a fraction of the mainnet cost” — with games and content streaming services among the projects that already take advantage of its infrastructure.

SKALE

The Threshold network provides and maintains a suite of cryptographic primitives for several dApps. The network is the product of the protocol merger between the Keep Network and NuCypher, which was finalized on January 1, 2022 with the launch of the T token.

Threshold

Celo is a carbon-negative, permissionless, blockchain with a rich ecosystem of global partners building innovative Web3 dapps to support a more inclusive financial system. Accessible to anyone with a mobile phone, the Celo ecosystem consists of a decentralized, proof-of-stake blockchain technology stack (the Celo platform), CELO governance asset, and several Mento stable assets (cUSD, cEUR, cREAL) that allow for real-world users to use digital assets. The open source Celo mainnet launched on Earth Day 2020.  The Celo community passed an indicative on-chain governance proposal (temperature check) to have Celo migrate to an Ethereum layer-2.  Google Cloud, Deutsche Telekom, Telefonica, and many others run validators on the Celo Platform.  Today, the Platform supports 1,000+ projects in over 150 countries are building on Celo to, helping to create the conditions of prosperity for all.  For more information, please visit Celo.org.

Celo

Launched in 2017, Livepeer is the first live video streaming network protocol that is fully decentralized. The platform aims to become a viable blockchain-based, economically efficient alternative to centralized broadcasting solutions for all new and existing broadcaster companies.

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

As stated in the official Livepeer whitepaper, the live video streaming and broadcasting industry is growing at a rapid pace, and the company is looking to ride this wave and introduce decentralization to the environment. Livepeer aims to streamline the broadcasting process by allowing producers to submit their work on the platform, taking care of reformatting and distributing the content to users and streaming platforms.

Livepeer

SafePal is a cryptocurrency wallet launched in 2018 that helps users to protect and grow their digital assets. SafePal provides hardware and software wallets, all paired and managed through the SafePal App and was the first hardware wallet invested in and backed by Binance.

SafePal wallet supports numerous popular crypto-assets, in addition to popular tokens on the Ethereum, Binance Smart Chain (BSC)and TRON blockchains. Users can store, manage, swap, trade and grow their portfolio without compromising asset security, according to SafePal.

Since its launch in 2018, SafePal has grown exponentially and has over 3,000,000 users in 196 countries globally. More information can be found in the SafePal Official Website.

SafePal

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

The 1inch Network's first protocol is a decentralized exchange (DEX) aggregator solution that searches deals across multiple liquidity sources, offering users better rates than any individual exchange. The 1inch Aggregation Protocol incorporates the Pathfinder algorithm for finding the best paths across over 400+ liquidity sources on 12 chains: Ethereum, BNB Chain, Polygon, Avalanche, Optimism, Arbitrum, Fantom, Gnosis Chain, Klaytn, Aurora, zkSync and Base.

In just over two years the 1inch DEX aggregator has reached 1M users and surpassed $150B in overall volume on the Ethereum network alone.

The 1inch Limit Order Protocol facilitates the most innovative and flexible limit order swap opportunities in DeFi. The protocol’s features, such as dynamic pricing, conditional orders, and extra RFQ support, power various implementations, including stop-loss and trailing stop orders, as well as auctions.

The 1inch Wallet is a multichain mobile platform that provides an easy-to-navigate interface with secure storing, transaction, and staking capabilities. This versatile wallet was built from the ground up to streamline interacting with 1inch’s features.

The 1INCH token is the governance and utility token of the 1inch Network. 1INCH holders can stake their tokens to participate in the 1inch Network's DAO governance, including the 1inch DAO Treasury management. Also, holders can choose resolvers and earn a part of their fees.

With the 1inch Fusion, users can stake 1INCH tokens to receive Unicorn Power (UP), then subsequently delegate their UP to any 1inch Fusion Resolver to start receiving rewards from them. When staking, there is the option to set a custom or preset lock period. User’s st1INCH tokens cannot be unstaked/withdrawn without penalty until the designated lock period expires.

In December 2020, 1inch raised $12 million in Series A funding, led by Pantera Capital, with others including ParaFi Capital, Blockchain Capital, Nima Capital, and Spartan Group. The funding round was conducted through a SAFT (simple agreement for future tokens) sale.

In December 2021, 1inch has closed a $175 million Series B round, led by Amber Group. Among about 50 investors that participated in the funding event are Jane Street, VanEck, Fenbushi Capital, Alameda Research, Celsius, Nexo, Tribe Capital and Gemini Frontier Fund.

1inch Network

Band Protocol is a cross-chain data oracle platform that is able to take real-world data and supply it to on-chain applications, while also connecting APIs to smart-contracts to facilitate the exchange of information between on-chain and off-chain data sources.

By supplying reputable, verifiable real-world data to blockchains, Band Protocol unlocks a range of new use cases for developers to explore — since they can now use any type of real-world data as part of their decentralized application (DApp) logic, including sports, weather, random numbers, price feed data and more.

Band Protocol initially launched as an ERC-20 project on the Ethereum blockchain in September 2019, but transitioned to the Cosmos network in June 2020 with the release of Band Protocol 2.0. The new protocol is built on BandChain using the Cosmos SDK. Oracle nodes on BandChain not only relay data but are also involved in block production/validation, giving them a dual role.

BAND is the native token of the Band Protocol ecosystem and is used as collateral by validators involved in fulfilling data requests, as well as the main medium of exchange on BandChain — being used to paying for private data.

Band Protocol

LRC is the Ethereum-based cryptocurrency token of Loopring, an open protocol designed for the building of decentralized crypto exchanges.

In 2020, the average daily trading volume of the entire cryptocurrency market fluctuated in the approximate range of $50-$200 million. Most of that trading is conducted on centralized cryptocurrency exchanges — online platforms operated by private companies that store users’ funds and facilitate the matching of buy and sell orders.

Such platforms have a number of downsides common to all of them, so a new type of exchange — decentralized— has emerged to try to alleviate these disadvantages. However, fully decentralized exchanges are not without their own flaws.

Loopring’s purported goal is to combine centralized order matching with decentralized on-blockchain order settlement into a hybridized product that will take the best aspects of both centralized and decentralized exchanges.

LRC tokens became available to the public during an initial coin offering (ICO) in August 2017, while the Loopring protocol was first deployed on Ethereum mainnet in December 2019.

Loopring

Hashflow is a DEX Aggregator that offers deep liquidity across the leading blockchains. Hashflow offers traders the best prices, access to $8B in liquidity, and the ability to trade every token both interchain and cross chain. Since launching in April 2021, Hashflow has facilitated over $18B in total trade volume.

Hashflow's team consists of top minds from both web2 and web3 including Airbnb, Amazon, Arbitrum, Citadel, Genesis Trading, and more. Backers include Dragonfly Capital, Electric Capital, Coinbase Ventures, Wintermute Trading, and Balaji Srinivasan.

Hashflow

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

Acala Token

Covalent leverages big-data technologies to create meaning from hundreds of billions of data points, delivering actionable insights to investors and allowing developers to allocate resources to higher-utility goals within their organization.

Instead of painstakingly sourcing data from a small handful of chains, Covalent aggregates information from across dozens of sources including nodes, chains and data feeds. The Covalent API then sources end-users with individualized data by wallet, including current and historical investment performance across all types of digital assets. Most importantly, Covalent returns this data in a rapid and consistent manner, incorporating all relevant data within one API interface.

Having achieved product-market fit, we are now planning to execute the next phase of Covalent, which is a progressive decentralization that will enable the Covalent Network to be owned and operated by its users. Of course, a critical piece to this is CQT.

CQT is the native token of the Covalent Network. It has three primary purposes:

CQT is a governance token, whereby token holders vote on proposals to change the system parameters.

CQT is a staking asset. Validators will earn fees for answering queries.

CQT is a network access token that fulfills data queries for users of the API.

Developer resources include:

Covalent Knowledge Base for extensive guides on how to use the Covalent API. 

Covalent API Documentation.