## What Is Million (MM)?

[Million](https://coinmarketcap.com/currencies/million/) calls itself a “Decentralized Digital Currency for Mil**lion**aires [sic] by Millionaires.” Its founder called it a social experiment because it supposedly has limited downside with unlimited upside. Million has been launched with a fixed limited supply of one million tokens. According to its founder, it is [pegged](https://coinmarketcap.com/alexandria/glossary/peg) to USDC in the sense that it can never be worth less than 1 [USDC](https://coinmarketcap.com/currencies/usd-coin/). But unlike traditional [stablecoins](https://coinmarketcap.com/alexandria/glossary/stablecoin), Million can be worth more and has no upside limit. 

In its roadmap, Million plans to launch on all major blockchains and partner with other projects, although it is unclear how these partnerships will exactly look like. It also promised [non-fungible tokens](https://coinmarketcap.com/alexandria/glossary/non-fungible-token) (NFTs) collaborations with digital artists. Million wants to list on more exchanges in the coming months and win over celebrity influencers to promote the token. If it reaches a [market cap](https://coinmarketcap.com/alexandria/glossary/market-capitalization-market-cap-mcap) of $1 billion, a "jacuzzi bar super party" will be held.


## Who Are the Founders of Million?

Million was founded by a popular YouTuber called “TechLead”. His real name is Patrick Shyu and he is a US-based software developer and former software engineer at Google and Facebook. Prior to launching Million, he worked at Google from 2014 to 2018 and published videos about getting hired and leaving Google. After that, he worked for a year at Facebook before getting supposedly fired for running a YouTube channel. 

He started his YouTube channel in February 2018, and as of August 2021, his channel counts over 1 million subscribers. Shyu claims to be a multimillionaire, although his exact net worth is unknown. In a YouTube video, he provided a breakdown of his influencer income: AdSense – $158,000; Tech Interview Pro – approximately $800,000 to $1,000,000; YouTube backstage – approximately $10,000 per month; affiliate & sponsor commissions – approximately $50,000 to $100,000 per year.


## What Makes Million Unique?

Million is not a classic meme coin, but it also cannot be called a “normal” cryptocurrency. While its founder TechLead prefers to call it a social experiment and an opportunity, others have opined it to be a scam. The fact that TechLead has a massive following of people initially pushed the price of Million up significantly. This was helped by making headlines in crypto news outlets and discussions on Twitter.

The most interesting aspect is that TechLead claims to have backed up the supply of Million with his own $1 million initially. He also promises to maintain the peg of Million with his own money, so it can never fall below 1 USDC. However, other YouTubers and Twitter users have accused him of misleading buyers about this. 

A YouTuber who goes by the name Coffeezilla, and has a channel of 600,000 subscribers, published a video outlining that according to blockchain transactions, TechLead only put in $50,000 of his own money and had been draining liquidity from the [liquidity pools](https://coinmarketcap.com/alexandria/glossary/liquidity-pool). TechLead denied this. While investors have to come to their own conclusions and do their due diligence before investing in a potentially risky currency, Million has undoubtedly attracted a lot of attention with its specific token design.

 


## Related Pages:

Check out [AmpleForth (AMPL)](https://coinmarketcap.com/currencies/ampleforth/) – a popular algorithmic stablecoin.

Check out [Olympus (OHM)](https://coinmarketcap.com/currencies/olympus/) – another algorithmic stablecoin.

Read our article about [stablecoins](https://coinmarketcap.com/alexandria/article/what-is-a-stablecoin).

Get the latest crypto news and latest trading insights with the [CoinMarketCap blog](https://coinmarketcap.com/alexandria/categories/blog).


## How Many Million (MM) Coins Are There in Circulation?

The total supply of MM is 1 million. It is deflationary since there will never be more than one million MM in circulation. 


## How Is the Million Network Secured?

Million initially launched on Ethereum as an [ERC-20](https://coinmarketcap.com/alexandria/glossary/erc-20) token but is now also available on [Binance Smart Chain](https://coinmarketcap.com/alexandria/article/what-is-binance-smart-chain) (BSC) as a [BEP-20](https://coinmarketcap.com/alexandria/glossary/bep-20) token. It passed a smart contract audit by Certik, a popular auditor for all kinds of tokens. 

ERC-20 is a popular token standard among new tokens. [Ethereum](https://coinmarketcap.com/currencies/ethereum/) has the strongest developer network of all blockchains and is widely regarded as one of the most secure blockchain with smart contracts. It is secured by a [proof-of-work](https://coinmarketcap.com/alexandria/glossary/proof-of-work-pow) consensus mechanism that requires miners to mine new Ether. A set of decentralized nodes validates transactions and secures the Ethereum blockchain.

BSC is secured through the proof-of-stake consensus mechanism. 21 validators are elected every 24 hours to validate transactions and maintain blockchain security. These validators have to stake a certain amount of BNB coins with Binance to be eligible to do so.


## When Will Million Trading Begin?

Million began trading on July 13, 2021 and reached an all-time high of over $200 after a single day. It has been in a steady downtrend since and is trading around $40, a month after its launch.


## Where Can You Buy Million (MM)?

Million is available for trading on [Pancakeswap](https://coinmarketcap.com/en/exchanges/pancakeswap-v2/) and [Uniswap V3](https://coinmarketcap.com/exchanges/uniswap-v3/). 

If you want to learn more about how you can start buying cryptocurrencies, you can [read more here](https://coinmarketcap.com/how-to-buy-bitcoin/) in our guide.


Million

Trust Wallet

MetaMask

Binance Chain Wallet

Ethereum

Shiba Inu

Chainlink

UNUS SED LEO

Uniswap

Immutable

Axie Infinity

Quant

Lido DAO

The Graph

Wormhole

Worldcoin

Render

FLOKI

SingularityNET

Osaka Protocol

Inscribe

RunesBridge

Smart Reward Token

Spectra Chain

LemoChain

Splinterlands is a digital, collectible card game based on blockchain technology and inspired by games like Magic the Gathering and Hearthstone, where players build a collection of cards with different attributes and battle other players in skills-based matches. It is a game where players can buy, sell and trade their digital assets just as they would with physical trading cards games such as Magic the Gathering, Pokémon and Yu-Gi-Oh!

Splinterlands was created as players lost the ability to truly own their assets (or trading cards) once games went digital. With blockchain technology, it allows players to own and trade their digital assets freely once again. It also allows the game to have true scarcity and transparency, which means all cards on Splinterlands have a verifiable supply and historical record.

Players battle other players by choosing ranked or practice battles. With ranked battles, players can increase their rating. There is no downside to playing ranked battles as a beginner since players with a rating below 100 do not lose ranking points. Battles take place between players of similar strength. When matched up with an opponent, both players choose a set of six monster cards and one summoner card for the battle to destroy all their opponent’s monster cards and win the battle.

Although the game is free-to-play, players need to purchase the summoner’s spellbook for $10 if they want to unlock the game in full. With the summoner’s spellbook, players get access to their account keys and unlock the ability to earn Dark Energy Crystals, which can be redeemed for real currency.

Splinterlands started in May 2018 and launched Splintershards (SPS) – its governance token for the SPS decentralized autonomous organization (DAO) at the end of July 2021. It concluded a $3.6M private token sale for 6.6% of the SPS token supply. After reaching 100,000 players in its first three years, it added another 50,000 in just over a month from June 2021. Splinterland plans to build out its game in the latter half of 2021, with oracle integration planned for Q1 2022.

Splintershards

Moonriver is an Ethereum-compatible, smart-contract parachain on Kusama. It is intended to be a companion network to Moonbeam, where it will provide a permanently incentivized canary network. New code will ship to Moonriver first, where it can be tested and verified under real economic conditions. Once proven, the same code will ship to Moonbeam on Polkadot.

It does this by providing a full EVM implementation, a Web3-compatible API, and bridges that connect Moonriver to existing Ethereum networks.

This allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonriver with minimal changes.

Moonriver

GSENetwork

Super Bitcoin

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

ExchangeCoin

QuadrantProtocol

QuickSwap [Old]

saffron.finance

Voyager Token is a cryptocurrency broker that provides investors with a trusted and secure access point to crypto asset trading. Voyager is built to serve both retail and institutional investors with a nigh-instant solution for trading crypto assets.

The crypto brokerage service which launched in October 2018 now supports over 55 crypto assets and has a unique smart order routing technology that connects it with over a dozen crypto exchanges. The mobile app of the Voyager Token launched in January 2019, making it even easier for users to trade cryptos.

The native token of the brokerage, Voyager Token (VGX), is used to reward users within the Voyager ecosystem. VGX also generates interest when held in the Voyager app, offers cashback rewards, and other services exclusive to Voyager users.

Voyager also offers 100 percent commission-free transactions – including buying and selling. Traders only have to pay only the quoted price when executing an order on the platform.

Voyager Token

Kadena is a proof-of-work blockchain that combines the PoW consensus mechanism from Bitcoin with directed acyclic graph (DAG) principles to offer a scalable version of Bitcoin. Kadena claims it can provide the security of Bitcoin while being able to offer unparalleled throughput that makes the blockchain usable to enterprises and entrepreneurs alike. Kadena's unique infrastructure is decentralized and built for mass adoption because of its multi-chain approach.

Kadena promises industrial scalability that can support global financial systems and can be scaled as necessary. It also vows to remain energy-efficient at scale and deliver more transactions with the same energy input, another difference to Bitcoin. Moreover, Kadena offers crypto gas stations, which allow businesses to pay for their customers' gas fees and remove a massive pain point in adopting blockchains for business.

Kadena has already scaled its network from 10 to 20 blockchains and can do so again in the future, if necessary. This final addition to Kadena was its private Kuro layer-two blockchain, which supports up to 8,000 transactions per second across 500 nodes.

Kadena

Serum is a decentralized exchange (DEX) and ecosystem that brings unprecedented speed and low transaction costs to decentralized finance (DeFi). (DeFi).

Serum is the only high-performant DEX designed around a fully on-chain central limit order book and matching engine. Ecosystem partners can compose with Serum’s on-chain orderbook to share liquidity and power their trading features for institutional and retail users.

In light of the popularity of DeFi and the growth of DEXes on Ethereum, users and developers are limited by high gas costs and slow transactions. Serum aims to resolve these traditional problems of DeFi, as well as issues of centralization, low capital efficiency, and liquidity segmentation.

The SRM utility and governance token enables users to receive discounts on protocol fees and voting rights; 100% of exchange fees flow back to SRM via buy-and-burn, staking rewards, and ecosystem grants.

Serum

Chrono.tech provides blockchain-based solutions for recruitment, HR and payment processes, reducing the barriers to accessing work and transferring funds securely in the global labor marketplace. The project’s suite of services - and native governance token TIME - are hosted on multiple blockchains and include LaborX.com, a peer-to-peer freelancer marketplace, TimeX.io, a Plasma-based cryptocurrency exchange; AUDT, an Australian dollar-backed stablecoin; and PaymentX, a crypto invoicing and payroll solution.

Chrono.tech

Ultra is a publishing platform and ecosystem for video games and video game content. Ultra’s mission is to do away with the current monopoly held by publishing platforms like Steam and provide new opportunities to game developers, players, and influencers. Ultra promises a solution that is more equitable to players and developers alike. Players can benefit from immediately playable games, earn UOS by using the platform, and access platform-exclusive games. At the same time, developers benefit from access to more effective marketing tools and the potential for 20% higher sales revenue.

Besides content and game publishing, Ultra offers a demand-side and service-side platform for advertisers, the opportunity for players to resell their used games, and a platform-exclusive app.

Ultra

Amp is an open-source, decentralized protocol that provides collateral as a service. Amp is described as the new digital collateral token offering instant, verifiable assurances for any kind of value transfer. Using Amp, networks like Flexa can quickly and irreversibly secure transactions for a wide variety of asset-related use cases.

The project, which launched in 2020, aims to provide a fast, efficient, and secure transaction platform. It claims to solve a number of network problems, including slow confirmation times, price volatility and broad adoption.

Amp claims to offer a straightforward but versatile interface for verifiable collateralization through a system of collateral partitions and collateral managers.

Collateral partitions can be designated to collateralize any account, application, or even transaction, and carry balances which are directly verifiable on the Ethereum blockchain.

Collateral managers are smart contracts that can lock, release and redirect collateral in these partitions as needed in order to support value transfer activities.

Amp supports a wide variety of use cases for collateralization, and also introduces the concept of predefined partition strategies, which can enable special capabilities such as collateral models through which tokens can be staked without ever leaving their original address.

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

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.