BeNFT Solutions

Binance Web3 Wallet

Trust Wallet

Cipher (CPR) stands out in the cryptocurrency landscape as a utility token that embodies partial ownership of the company Cipher. Unlike many other digital assets, Cipher did not launch through an ICO or IEO. Instead, tokens are distributed through active participation in the project, fostering a unique community-driven approach. The project, initiated on April 9th, 2018, originally utilized the Ethereum Blockchain but later transitioned to the Polygon PoS network to enhance scalability and efficiency.

The team behind Cipher spans across India, the United Kingdom, and New Zealand, focusing on creating a transparent, accountable, and secure business environment. This global team is dedicated to developing business applications that are not only user-friendly but also highly scalable and secure. Cipher's mobile apps aim to deliver personalized content, real-time application access, and interactive user experiences.

In addition to its utility token, Cipher Mining Inc. is a significant player in the bitcoin mining sector, continuously expanding its operations and increasing its hash rate. The company has set ambitious goals, such as reaching a hash rate of 8.2 EH/s by the end of the year, reflecting its commitment to growth and innovation.

Cipher's business model emphasizes a unified ecosystem without the need for traditional fundraising methods. Transactions within this ecosystem are designed to be efficient, transparent, and easily tradable, aligning with the company's overarching goals of transparency and accountability.

Cipher

BoutsPro

Wrapped Astar

0xBitcoin

Airbloc

MultiversX is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. Its smart contracts execution platform is reportedly capable of 15,000 transactions per second, six-second latency and a $0.001 transaction cost.

MultiversX rewards the community and active participants with EGLD tokens. EGLD, or Electronic Gold, is MultiversX's native token. It acts as a store of value currency to pay for network usage. The coin also serves as a medium of exchange between platform users and validators. Users pay transaction fees in EGLD and validators provide services.

EGLD allows developers to deploy smart contracts, protocols, and dApps on the platform. It empowers participants to perform any network action. Through staking and validation rewards, as well as transaction fees, EGLD manages the MultiversX network. Plus, EGLD is endowed with the functionality of a governance token, so its holders can vote on network decisions.

MultiversX was first announced in August 2019, and its mainnet went live in July 2020.

Wrapped EGLD

Jinbi Token

Humaniq

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

Validity

HoboNickels

DucatusX

ClubCoin

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

When a user deposits tokens to a Strike market, they receive sTokens in return. These sTokens 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 sETH in return. Over time, the exchange rate of these sTokens 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 Strike pool by depositing collateral. The maximum loan-to-value (LTV) ratio varies based on the collateral asset, but currently ranges from 50 to 80%. The interest rate paid varies by borrowed asset and borrowers can face automatic liquidation if their collateral falls below a specific maintenance threshold.

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