What Is Google Doing with Blockchain?

## What Is FINSCHIA (FNSA)?

Finschia (FNSA) was rebranded from LINK (LN), a blockchain developed by the global messenger app company, LINE Corp. It aims to establish a [blockchain](https://coinmarketcap.com/alexandria/glossary/blockchain) platform and token economy that is accessible to everyday consumers. As mentioned in their official whitepaper, Finschia (FNSA) serves as the central currency on LINE Blockchain, connecting and collaborating with users not just in LINE, but from other fields.

The Finschia ecosystem consists of their general-purpose coin, FNSA, which claims to be easily used by anyone in their daily life. With this goal in mind, LINE Corp aims to bring [Web3](https://coinmarketcap.com/alexandria/article/what-are-web-3-cryptocurrencies) to more users around the world.


## Who Are the Founders of FINSCHIA (FNSA)?

The Finschia (FNSA) token and its Finschia [blockchain](https://coinmarketcap.com/alexandria/glossary/blockchain) are both products of Line Corporation, a Tokyo-based subsidiary owned by Softbank Group and Naver Corporation. Primarily, their business involves developing notable mobile apps as well as other internet services, most significantly being the popular mobile messaging app 'Line.'


## What Makes FINSCHIA (FNSA) Unique?

By compensating individuals who benefit the ecosystem and add value, the Finschia establishes a framework in which participants and the ecosystem can develop together. The quantity of wallet addresses and FINSCHIA payments will serve as the foundation for value in the Finschia and create the "Internet of value."

The Finschia Ecosystem prevents imbalanced monetary expansion by not distributing tokens before ensuring demand.  Based on the network and the quantity of FINSCHIA used (staking and payment), Finschia sets and advances the FINSCHIA issuance and distribution policy.

People from all around the world can participate in the Finschia Ecosystem and receive the value and reward by making contributions online without having to invest any money up front. Regardless of their nationality, capital, or chosen service's time zone, everyone in the Finschia Ecosystem can gain FNSA as a reward by staking or making payments with FNSA.


### Related Pages:

Read about [Band Protocol](https://coinmarketcap.com/currencies/band-protocol/).

Check out [Uniswap](https://coinmarketcap.com/currencies/uniswap/).

Read more about [what Web 3.0 is](https://coinmarketcap.com/alexandria/article/what-is-web-3-0) with [CMC’s educational portal](https://coinmarketcap.com/alexandria).

Learn more about [Web3](https://coinmarketcap.com/alexandria/glossary/web-3-0) with [CMC glossary](https://coinmarketcap.com/alexandria/glossary).


## How Many FINSCHIA (FNSA) Coins Are There in Circulation?

Based on the inflation mechanism included into the chain by default, FNSA can be issued up to a total of 1 billion tokens within the maximum issuance limit. According to the whitepaper, for a stable settlement of the token economy 2.0, the initial inflation rate starts at 15% and the target staking rate is 5% level over time.


## How Is the FINSCHIA (FNSA) Network Secured?

Finschia  is secured by a new blockchain consensus engine called Ostracon. The Ostracon consensus engine is based on a combination of [Delegated Proof of Stake](https://coinmarketcap.com/alexandria/glossary/delegated-proof-of-stake-dpos) (DPoS) and Tendermint-BFT, which is a modification of the Practical [Byzantine Fault Tolerance](https://coinmarketcap.com/alexandria/glossary/byzantine-fault-tolerance-bft) (PBFT) algorithm.


## Where Can You Buy FINSCHIA (FNSA)?

Finschia (FNSA) can be purchased on various centralized exchanges such as [Bitthumb](https://coinmarketcap.com/exchanges/bithumb/), [Huobi](https://coinmarketcap.com/exchanges/huobi/), [Bittrex](https://coinmarketcap.com/exchanges/bittrex/) and [Gate.io](https://coinmarketcap.com/exchanges/gate-io/).

Keep track of FNSA live prices in real-time with the [CMC mobile app](https://coinmarketcap.com/mobile/).

FINSCHIA

MiL.k

Bora is a decentralized ecosystem for games and entertainment. Bora aims to attract games and applications from the GameFi sector to its Bora Chain to avoid building on blockchains like Ethereum that have high gas fees. For that reason, Bora follows a two-tiered blockchain system: the BORA token is traded on the Klaytn blockchain, a public blockchain that is focused on metaverse and gaming use cases. The Bora chain is a modular blockchain that can be used as an execution layer by decentralized applications.

The Bora team provides development toolkits that support developers with creating decentralized applications for its ecosystem. It also utilizes Bora Points, a currency within the ecosystem as a resource for development and to incentivize contribution to Bora. Bora Points can subsequently be converted to the BORA token.

BORA

Developed by leading Korean IT company Kakao, Klaytn is a global Layer 1 public blockchain designed to power tomorrow’s on-chain world. With the lowest transaction latency amongst leading blockchains, enterprise-grade reliability, and a developer-friendly environment, Klaytn provides a seamless experience for users and developers that is second to none. Since its launch in June 2019, Klaytn has been accelerating blockchain mass adoption through a broad array of use cases from DeFi to real-world assets, entertainment and gaming, and even the Bank of Korea’s CBDC pilot project. Today, it is one of the only globally competitive Web 3.0 ecosystems developed in South Korea, generating more than 1 billion transactions from over 300 decentralized applications.

Klaytn

WEMIX3.0 mainnet is an “experience-based, platform-driven & service-oriented decentralized blockchain protocol” which powers a “mega-ecosystem” of web 3.0 platforms. The mainnet is a high-performance Ethereum Virtual Machine (EVM) compatible open-source protocol powered by the SPoA (Stake-based Proof of Authority) consensus mechanism. The mainnet claims to offer the highest security possible, based on decentralized on-chain governance via 40 Node Council Partners(NCP), also known as 40 WONDERS, while still ensuring high transaction per second (TPS). Consensus will evolve towards complete decentralization through a multi-phase democratized governance.

WEMIX

MediBloc (MED) is a South Korean-based decentralized blockchain protocol for the healthcare industry through which medical institutions can securely transfer, collect, store and manage data. With MediBloc, physicians can access patient information, medical history, prescribed medication, insurance issues and more. MediBloc makes medical data more accessible by allowing everyone involved to track and record medical conditions, appointments, examinations, treatments and more.

The ecosystem is built on three key elements: MediBloc Core (a layer for storing data and providing additional storage), MediBloc Application (a layer for accessing and managing data through various applications), and MediBloc Service (a layer applying smart contract technology that connects the other layers and allowing input and output of data).

The platform offers three categories of accounts: for general users (patients), healthcare providers (doctors and medical institutions) and data scientists, the latter two require proof of their accreditation. The project is aimed at improving the quality of medical services and infrastructure by optimizing information storage processes and giving users sovereignty over their own data. MediBloc is compliant with the HIPAA Security Rule, the Health Insurance Portability and Accountability Act.

MediBloc

Hive (HIVE) is a blockchain running on a delegated proof-of-stake (DPoS) consensus mechanism. It launched in March 2020 as a hard fork of the centralized Steem blockchain and as a gateway from Web 2.0 to Web 3.0. The blockchain claims to offer “lightning-fast processing times and fee-less transactions.” Examples of use cases include social media with monetized rewards for content creators, interactive blockchain games, identity management, micro-loans and more. The platform powers decentralized applications (dApps) like Splinterlands, PeakD and HiveBlog.

Hive is a social network of apps and services, where users discover the capacity of blockchain technology, connect to the platform and securely share content through equitable redistribution of value. Thus, the users are the proprietors of the network, and sponsors can contact communities and artists directly without intermediaries.

Hive is an open source blockchain that focuses on scaling through layer-2 sidechains, while still benefiting from a common layer-1 blockchain backbone to ensure distributed data integrity. The Hive ecosystem runs on two cryptocurrencies — the native governance token, HIVE and the USD-pegged HBD stablecoin.

Hive

Gnosis is a collective of aligned projects revolutionizing payments infrastructure to make decentralized financial tools accessible and usable for all. The Gnosis ecosystem is underpinned by Gnosis Chain, a highly secure, resilient, and decentralized EVM Layer 1 network and also includes the venture-building arms, Gnosis Studio and GnosisVC, the developer, investor, and incubator of a host of leading decentralized solutions.

These projects are creating a radically inclusive infrastructure helping bridge the gap between blockchain technology and practical, everyday applications/use cases.

Gnosis

Function X is mirroring traditional financial products on the Function X network and creating decentralized financial products and a decentralized trading system. It is a highly customizable and expandable multi-chain architecture blockchain network (subnets) that can meet different business needs.

Function X

Lisk and the LSK token are widely accessible on the most popular exchanges on the market.
The top exchanges to buy the Lisk token are:

Binance

Kraken

Upbit

Huobi

Zonda

Bitflyer

It is important to consider the fact that investing in crypto carries risk, just like any other investment.

If you’re struggling to find a LSK trading pair with your local currency, check out this guide on how to convert fiat into Bitcoin - giving you a gateway to buying LSK.

Lisk

Aragon

Rocket Pool is a decentralized Ethereum staking pool offering up to 4.33% APR for ETH2 staking. Users can join the Rocket Pool with its decentralized node operator network or run their own nodes with only 16 ETH. In the latter case, they can earn a commission from staking ETH and earn additional RPL rewards from providing RPL collateral, amounting to up to 6.36% APR for ETH and the additional RPL rewards.

Rocket Pool provides liquid staking, meaning users benefit from an increasing exchange rate instead of adding on to their initial staked collateral, which would be a taxable event. Furthermore, Rocket Pool offers smart nodes: a custom node software allowing anyone to run a node on its network. With losses from bad nodes distributed across the network, individual users minimize their risk of facing penalties. This is supported by the pool’s open-source and audited smart contracts, which guarantee fully non-custodial staking and a maximum degree of decentralization.

Rocket Pool

aelf

ssv.network

DeXe

Bifrost Network is an EVM-compatible layer 1 blockchain network designed to achieve interoperability and bring Web3 to Web2 users. Equipped with advanced cross-chain functionalities, Bifrost seamlessly connects various blockchain networks, including the Bitcoin Network, and allow DApps to utilize a range of promising cryptocurrencies from any supported blockchain networks. Bifrost Network leverages the interoperability by utilizing native BTC to DeFi services. BTCFi is an asset management service that uses Bifrost Network to provide wide range of use cases for native Bitcoins.

Bifrost

Decred is Money Evolved.

By combining battle tested Proof-of-Work with an innovative take on Proof-of-Stake that places coin holders in charge of shaping the future, Decred is able to adapt to challenges and innovate at a rapid pace. You acquire influence in Decred by putting “skin in the game”.

Decred’s security, privacy, scalability, and decentralized treasury empower stakeholders and provides them with the tools needed to enhance their financial sovereignty.

Decred

Convex Finance is a DeFi protocol that allows Curve liquidity providersto earn a share of trading fees on Curve without staking liquidity there. Instead, LPs can stake with Convex and receive boosted CRV and liquidity mining rewards. This provides CRV stakers with better capital efficiency and positions Convex Finance as an important player in the Curve wars.

Convex has entered a competitive race to obtain as much control as possible of the Curve Finance stablecoin exchange. The more CRV tokens a protocol has, the more influence it has over interest rates on Curve, which is the largest DEX in the world by TVL. Consequently, the “Curve wars” are an ongoing race for influence over what is probably the most important protocol in DeFi.

Convex Finance

Everscale (EVER) is a fast and secure layer-one blockchain that aims to become a decentralized platform for high-performance applications with real-world relevance, such as Stablecoins, CBDCs, DEXes, Bridges, Gaming Platforms and more.

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