## लूपरिंग (LRC) क्या है?

LRC लूपरिंग का [एथेरियम](https://coinmarketcap.com/hi/currencies/ethereum/)-आधारित क्रिप्टोकरेंसी टोकन है, यह एक खुला प्रोटोकॉल है जो विकेंद्रीकृत क्रिप्टो एक्सचेंज बनाने के लिए बनाया गया है।

2020 में, पूरे क्रिप्टोकरेंसी बाजार की औसत दैनिक ट्रेडिंग मात्रा में लगभग $50- $200 मिलियन की सीमा में उतार-चढ़ाव आया। उस ट्रेडिंग का अधिकांश हिस्सा केंद्रीकृत क्रिप्टोक्यूरेंसी एक्सचेंजों पर आयोजित किया जाता है — निजी कंपनियों द्वारा संचालित ऑनलाइन प्लेटफॉर्म जो उपयोगकर्ताओं के फंड को स्टोर करते हैं और ऑर्डर खरीदने और बेचने की सुविधा प्रदान करते हैं।

इस तरह के सभी प्लेटफार्मों में कई कमियां हैं, इसलिए इन नुकसानों को कम करने की कोशिश करने के लिए एक नए प्रकार का एक्सचेंज — विकेंद्रीकृत — उभरा है। हालांकि, पूरी तरह से विकेंद्रीकृत एक्सचेंज में भी कुछ खामियाँ हैं।

लूपरिंग का कथित लक्ष्य केंद्रीकृत ऑर्डर मिलान को विकेन्द्रीकृत ऑन-ब्लॉकचैन ऑर्डर सेटलमेंट के साथ एक हाइब्रिड उत्पाद में संयोजित करना है जो केंद्रीकृत और विकेन्द्रीकृत दोनों एक्सचेंजों के सर्वोत्तम पहलुओं को साथ लेकर आएगा।

LRC टोकन अगस्त 2017 में एक प्रारंभिक सिक्का पेशकश ([आईसीओ](https://coinmarketcap.com/alexandria/glossary/initial-coin-offering-ico)) के दौरान जनता के लिए उपलब्ध हो गए थे, जबकि लूपरिंग प्रोटोकॉल को पहली बार दिसंबर 2019 में एथेरियम मेननेट पर तैनात किया गया था।

### लूपरिंग के संस्थापक कौन हैं?

लूपरिंग फाउंडेशन के संस्थापक और वर्तमान सीईओ, जो लूपरिंग प्रोटोकॉल के विकास का प्रबंधन करते हैं, शंघाई, चीन में स्थित एक सॉफ्टवेयर इंजीनियर और उद्यमी, डैनियल वांग हैं।

वांग के पास चीन के विज्ञान और प्रौद्योगिकी विश्वविद्यालय से कंप्यूटर विज्ञान में स्नातक की डिग्री है, साथ ही एरिज़ोना स्टेट यूनिवर्सिटी से उसी क्षेत्र में मास्टर डिग्री है।

लूपरिंग पर काम शुरू करने से पहले, वांग ने प्रमुख तकनीकी कंपनियों में कई प्रबंधकीय और कार्यकारी पदों पर कार्य किया है: वे चिकित्सा उपकरण निर्माता बोस्टन साइंटिफिक में एक प्रमुख सॉफ्टवेयर इंजीनियर थे, चीनी ई-कॉमर्स दिग्गज JD.com के लिए इंजीनियरिंग, खोज, सिफारिश और विज्ञापन प्रणाली के वरिष्ठ निदेशक थे, साथ ही गूगल में टेक लीड और वरिष्ठ सॉफ्टवेयर इंजीनियर भी रह चुके हैं।

वांग ने कई कंपनियों की सह-स्थापना भी की है: यूंरंग (बीजिंग) इन्फॉर्मेशन टेक्नोलोजिज़ लिमिटेड और क्रिप्टोकरेंसी सेवा फर्म कॉइनपोर्ट टेक्नोलॉजी लिमिटेड।

#### वह क्या है जो लूपरिंग को खास बनाता है?

लूपरिंग के पीछे का मुख्य विचारद्रीकृत और विकेन्द्रीकृत क्रिप्टोकरेंसी एक्सचेंजों के तत्वों को एक ऐसा प्रोटोकॉल बनाने के लिए संयोजित करना है जो उनके अद्वितीय लाभों का आनंद ले रकेगा और अक्षमताओं को समाप्त करेगा।

केंद्रीकृत एक्सचेंज वर्तमान में क्रिप्टो ट्रेडिंग सेवाओं के संचालन का मुख्य तरीका हैं। हालांकि यह अत्यधिक लोकप्रिय और सुविधाजनक हैं, एक केंद्रीकृत विनिमय का उपयोग करने से कई जोखिम होते हैं, जिनमें से प्रमुख उनकी अभिरक्षण संबंधी प्रकृति है। चूंकि ये एक्सचेंज जमा करने और निकालने के बिंदुओं के बीच उपयोगकर्ताओं के फंड रखते हैं, इसलिए वे गंड संभावित हैकर हमलों, एक्सचेंज के अंदर दुर्भावनापूर्ण कर्ताओं या नियामक हस्तक्षेप के कारण आंशिक रूप से या पूरी तरह से खो जाने के जोखिम में आते हैं।

केंद्रीकृत एक्सचेंजों के लिए एक और बड़ी समस्या पारदर्शिता की कमी है: तथ्य यह है कि वे ट्रेड जो ब्लॉकचैन पर व्यवस्थित नहीं की जाती हैं, बल्कि एक्सचेंज के आंतरिक रिकॉर्ड में संग्रहीत की जाती हैं, उनमें एक्सचेंज द्वारा मूल्य में हेरफेर संभव हो जाता है और जब तक यह फंड उनके पास रेहता है तब तक उन एक्सचेंजों को अनधिकृत उद्देश्यों के लिए उपयोगकर्ता फंड का उपयोग करने की क्षमता मिल जाती है।

इन समस्याओं को खत्म करने के लिए, हाल के वर्षों में एक नई प्रकार की व्यापारिक सेवा सामने आई है: एक विकेन्द्रीकृत क्रिप्टो एक्सचेंज ( [डीईएक्स](https://coinmarketcap.com/alexandria/glossary/decentralized-exchange-dex))। उपयोगकर्ता निधियों को हिरासत में रखने और आंतरिक रूप से ट्रेडों को संसाधित करने के बजाय, यह ऑर्डर खरीदने और बेचने में एक दूसरे से सीधे जुड़ने और सार्वजनिक ब्लॉकचैन पर ट्रेडों को निपटाने में मदद करता है।

अधिग्रहण संबंधी और पारदर्शिता जोखिमों को दूर करते हुए, DEX अपने खुद के दोष लेकर आता है: मुख्य रूप से, (केंद्रीकृत विकल्पों की तुलना में) कम दक्षता जो कि अंतर्निहित ब्लॉकचैन और खंडित [तरलता](https://coinmarketcap.com/alexandria/glossary/liquidity) की सीमित क्षमताओं से जुड़ी होती है।

लूपरिंग प्रोटोकॉल विकेंद्रीकृत एक्सचेंजों के लाभों को बनाए रखे हुए उन्नत हाइब्रिड समाधानों के माध्यम से उनकी अक्षमताओं को कम या समाप्त करने के प्रयास करता है। ऑर्डर का प्रबंधन केन्द्रीकृत तरीके से करके लेकिन ट्रेड़ों को ब्लॉकचैन पर स्थापित करके, और एक बनाम एक जोड़ों के बजाय 16 ऑर्डरों तक को चक्रीय ट्रेड़ों में संयोजित करके, लूपरिंग ऑर्डर निष्पादन की दक्षता बढ़ाने के साथ-साथ DEX की तरलता को बढ़ाने की अपेक्षा करता है।

#### संबन्धित पेज:

लूपरिंग विकेंद्रीकृत वित्त (DeFi) उद्योग का एक हिस्सा है — इसके बारे में [CoinMarketCap अलेक्जेंड्रिया](https://coinmarketcap.com/alexandria/article/what-is-decentralized-finance) में अधिक जानकारी प्राप्त करें

क्रिप्टो के बारे में उत्सुक हैं? [यहाँ](https://coinmarketcap.com/how-to-buy-bitcoin/) से बिटकॉइन खरीदना सीखें।

#### लूपरिंग (LRC) के कितने सिक्के प्रचलन में हैं?

LRC टोकन प्रचालन उन स्मार्ट अनुबंधों द्वारा नियंत्रित होता है जिसमें लूपरिंग प्रोटोकॉल शामिल है।

LRC अर्जित करने का प्राथमिक तरीका तथाकथित रिंग माइनिंग है: लूपरिंग नेटवर्क की तरलता में सुधार करने के लिए, इसमें ऑर्डर दो क्रिप्टोकरेंसी के जोड़े के रूप में कड़ाई से मेल नहीं खाते हैं। इसके बजाय, प्रोटोकॉल एक चक्रीय ट्रेड में विभिन्न क्रिप्टोकरेंसी के लिए 16 ऑर्डर तक मिक्स एंड मैच कर सकता है, जिसे ऑर्डर रिंग कहा जाता है।

लूपरिंग नेटवर्क पर नोड्स को LRC टोकन में अलग-अलग ऑर्डर को ऑर्डर रिंग में संयोजित करने, सार्वजनिक ऑर्डर बुक और व्यापार इतिहास को बनाए रखने और कुछ मामलों में अन्य रिले के लिए ब्रॉडकास्टिंग ऑर्डर के लिए पुरस्कृत किया जाता है।

### लूपरिंग नेटवर्क कैसे सुरक्षित है?

लूपरिंग एथेरियम और [नियो](https://coinmarketcap.com/hi/currencies/neo/) ब्लॉकचैन पर संचालित है और इसे [Qtum](https://coinmarketcap.com/hi/currencies/qtum/) ब्लॉकचैन के साथ जोड़ने की भी योजना बनाई गयी है। इनमें से प्रत्येक नेटवर्क का अपना टोकन है: एथेरियम और नियो के लिए क्रमशः LRC और LRN; लॉन्च होने पर, Qtum नेटवर्क टोकन को LRQ कहा जाएगा।

ये टोकन उनके अंतर्निहित ब्लॉकचेन प्लेटफॉर्म के हैश फ़ंक्शन द्वारा सुरक्षित हैं: LRC एथेरियम के एथहैश द्वारा ,LRN नियो के SHA256 और RIPEMD160 द्वारा और LRQ क्यूटम के प्रूफ़-ऑफ़-स्टेक PoSv3 एल्गोरिथम द्वारा।

### आप लूपरिंग (LRC) कहाँ से खरीद सकते हैं?

LRC बहुत से एक्सचेंजों पर उपलब्ध है, उनमें से कुछ मुख्य और सबसे विश्वसनीय है:

* [Coinbase Pro](https://coinmarketcap.com/hi/exchanges/coinbase-pro/)
* [Bilaxy](https://coinmarketcap.com/hi/exchanges/bilaxy/)
* [OKEx](https://coinmarketcap.com/hi/exchanges/okex/)
* [Binance](https://coinmarketcap.com/hi/exchanges/binance/)

Loopring's Multi-Network future has begun rolling out

 is the first of many network additions to come - exciting times ahead💙

Loopring's Multi-Network future has begun rolling out

🔹the new Loopring Smart Wallet
🔹the new Layer 3 Earn DApp

🥁 @taikoxyz is the first of many network additions to come - exciting times ahead💙

 role is specifically for Loopring contributors here on 

This role - that comes with a new Moody Brain (Loophead) NFT - is given to the top community member who's helping to grow awareness and knowledge in the Loopring ecosystem💙

Q2 nominations are in + final voting is below ↓

Who has stood out as someone helping to grow the Loopring ecosystem the most in Q2/2024?

The #L2Looper role is specifically for Loopring contributors here on @X 

This role - that comes with a new Moody Brain (Loophead) NFT - is given to the top community member who's helping to grow awareness and knowledge in the Loopring ecosystem💙

Q2 nominations are in + final voting is below ↓
Who has stood out as someone helping to grow the Loopring ecosystem the most in Q2/2024?

🔹@Artist_Icecream
🔹@Grunkleknut
🔹@LiverpoolMTB
🔹@0xsplush

Top in votes will win the #L2Looper role + Loophead NFT💙↓

Ethereum: A Visual Look

Non-Fungible Thursdays: What Happened in NFTs This Week? [Mar. 24, 2022]

How to Use Layer-2 Rollups to Avoid Gas Fees

Sick Of High Ethereum Gas Fees? Do This Instead

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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

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.

Decentraland

Basic Attention Token, or BAT, is the token that powers a new blockchain-based digital advertising platform designed to fairly reward users for their attention, while providing advertisers with a better return on their ad spend.

To learn more about this project, check out our deep dive of Basic Attention Token.

This experience is delivered through the Brave Browser, where users can watch privacy-preserving adverts and receive BAT rewards for doing so. On the other hand, advertisers can deliver targeted ads to maximize engagement and cut down losses due to ad fraud and abuse.

The Basic Attention Token itself is the unit of reward in this advertising ecosystem, and is exchanged between advertisers, publishers and users. Advertisers pay for their advertising campaigns in BAT tokens. Out of this budget, a small portion is distributed to advertisers, while 70% is distributed to users — whereas the intermediaries that typically drive up advertising costs are cut out of the equation to improve cost-efficiency.

Basic Attention Token launched in 2017 following one of the fastest sell-out initial coin offerings (ICOs) of all time, with the platform raising a total of $35 million in under a minute. Since then, it has rolled out its attention-based advertising experience to users in most countries through its Brave Rewards program.

As of November 2020, the United States, the United Kingdom and Canada had the most active advertising campaigns.

Basic Attention Token

Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.

Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.

The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019.

Fantom is an open-source decentralized smart contract platform for DApps and digital assets that was created as an alternative to Ethereum. Fantom has the goal of overcoming the limitations of previous generation blockchains and balancing three components: scalability, security and decentralization. The project offers a set of tools to simplify the process of integrating existing DApps, as well as a detailed staking reward system and built-in DeFi instruments.

Fantom is a Layer-1 blockchain that uses a scratch-built consensus mechanism and independent consensus layer, Lachesis, to facilitate DeFi and related services on the basis of smart contracts. Lachesis provides security for other layers as well, including Opera, Fantom's EVM-compatible smart contract chain. The long-playing mission of the project is to “grant compatibility between all transaction bodies around the world.”

One of Fantom's key strengths is its performance and efficient transaction processing, namely thousands of transactions per second, where transactions are settled in 1-2 seconds, and the cost is fractions of a cent per transaction. As a result, Fantom provides higher scalability but at a lower cost.

The ecosystem is based on two main technologies: Lachesis protocol and Opera.

The Lachesis protocol is the core consensus layer that secures the Fantom network by providing both transaction speed and security.

Lachesis is an aBFT consensus engine that uses a directed acyclic graph (DAG) algorithm. How it works: network data can be processed at different times, and the network filters the participants, allowing only one third, which are allocated due to erroneous or malicious behavior, without compromising network processes.

Fantom's Asynchronous Byzantine Fault Tolerant (aBFT) Proof-of-Stake (PoS) consensus mechanism maintains the efficiency of the entire network, its design provides security at maximum speed. Fantom developers emphasize that the PoS mechanism is a leaderless phenomenon — there are no leaders of blocks and participants, and anyone can join (or leave) the network of nodes at a convenient moment.

The key qualities of Lachesis are: asynchronous, leaderless, Byzantine fault-tolerant, and near-instant finality.

As for Opera, it's an application development layer or Fantom's mainnet deployment platform, permissionless and open-source hosting DApps. Thanks to EVM integration and support for the Solidity programming language, Fantom has a full set of smart contract capabilities, which allows users to seamlessly interact with Ethereum platforms while maintaining the advantage of Fantom's transaction efficiency.

The Fantom Foundation concluded that removing block leaders improves network security, so Opera uses a PoS model and leaderless validators (validators do not determine which blocks are valid).

In addition to being a fast, secure and cheap payment platform that enables to make fast and secure payments at minimal cost, Fantom also features on-chain governance where users vote with FTM tokens (one token equals one vote). Of the features: users have the right to express the degree of agreement / disagreement on a scale from 0 to 4.

FTM is the native utility in-house PoS token of Fantom that powers the ecosystem and is applied for payments, network fees, staking, and governance. FTM forms the backbone of transactions, and allows fee collection and staking activities, along with the user rewards the latter represents.

Fantom

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.

Algorand

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

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

Zilliqa is a public, permissionless blockchain that is designed to offer high throughput with the ability to complete thousands of transactions per second. It seeks to solve the issue of blockchain scalability and speed by employing sharding as a second-layer scaling solution. The platform is home to many decentralized applications, and as of October 2020, it also allows for staking and yield farming.

Development work officially started on Zilliqa in June 2017, and its testnet went live in March 2018. A little over a year later, in June 2019, the platform launched its mainnet.

The native utility token of Zilliqa, ZIL, is used to process transactions on the network and execute smart contracts.

Zilliqa

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

What Is Ankr (ANKR)?

Ankr is a decentralized blockchain infrastructure provider that operates an array of nodes globally distributed across over 50 Proof-of-Stake networks. This infrastructure helps drive the growth of the crypto economy while powering a full suite of multi-chain tools for Web3 users:

Ankr Build
Ankr provides comprehensive blockchain developer solutions, including traditional APIs, a decentralized multi-chain network of public RPC nodes used to access blockchain data and execute code, and tools like Ankr Scan to view on-chain information across blockchains.

Ankr Earn
Ankr Earn makes staking, liquid staking, and other yield-earning opportunities easy and accessible to any crypto investor. Ankr creates the most scalable and decentralized staking infrastructure solution that aims to solve the capital inefficiency of Proof-of-Stake networks and similar blockchain consensus mechanisms.

Ankr Learn
Through Ankr’s learning tools, tutorials, and docs, anyone can become a better user or developer of blockchain-based systems.

Ankr

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

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

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.

Synthetix

0x is an infrastructure protocol that allows users to easily trade ERC20 tokens and other assets on the many different blockchains (including Ethereum) without relying on centralized intermediaries. It is a protocol for decentralized exchange.

0x achieves this decentralized exchange functionality using a collection of open-source, publicly auditable smart contracts that work together to produce a flexible, low-friction trading protocol that developers can easily weave into their products.

The protocol is used by companies building web3 apps such as wallets, DEXes, portfolio trackes, and others. It is a used by hundreds of developers for their projects. The protocol has facilitates over $200B in trading volume since its inception. One can track its usage in its dedicated https://explorer.0x.org/.

The protocol is powered by an ERC20 governance token known as ZRX. ZRX holders can participate in protocol governance, having direct power over protocol changes and its community treasury.

0x Protocol

Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). The network aims to innovate the way decentralized applications work by focusing on random state sharding, which allows creating blocks in seconds.

According to the project’s website, Harmony is expected to introduce cross-shard contracts and a cross-chain infrastructure by the end of 2021.

Harmony

Theta Network

Audius is a decentralized music streaming protocol initially built on POA network, but now living on Solana. Audius was launched to remedy the inefficiencies of the music industry, which is plagued by intransparent music rights ownership and intermediaries standing between artists and their audience.

Audius aims to align the interests of artists, fans, and node operators through its platform powered by its native AUDIO token. Artists can upload music, stored and distributed by content and discovery nodes, that fans can listen to for free. Currently, Audius rewards content creators through rewards like featuring in the weekly trending lists. In the future, it plans to integrate stablecoins for artists to offer paid content, as well as artist tokens that give fans the ability to access exclusive content, potentially cooperating with platforms like Rally.

Audius

Ren (REN) is an open protocol built to provide interoperability and liquidity between different blockchain platforms.

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

Formerly known as Republic Protocol, Ren launched RenVM, its virtual machine mainnet, in May 2020, having completed a $34 million initial coin offering (ICO) in 2018.

The protocol’s native token, REN, functions as a bond for those running nodes which power RenVM, known as Darknodes.

Ren aims to expand the interoperability, and hence accessibility, of decentralized finance (DeFi) by removing hurdles involved in liquidity between blockchains.