ARB Airdrop Hype: Arbitrum Transaction Count Experiences Massive growth, Adds 400K New Users in Just One Day
The Ethereum layer-2 solution, Arbitrum, has seen massive growth in the number of transactions and addresses, and network traffic has been exploding as a result. The network processed more than 1.3 million transactions on March 21 compared to 1 million transactions on March 20, according to data from Arbisca
The increase in daily transactions started at the end of January and accelerated after Arbitrum announced an airdrop to its customers. According to reports, 1.27 billion ARB tokens will be distributed to users during the airdrop. The 1.27 billion ARB tokens make up 12.75% of the total supply of the coin.
Since announcing the token airdrop a week ago, Arbitrum’s has grown by more than 50%. The largest scaling project has added over 400,000 new users in the last two weeks, bringing the total number of subscribers to over 3 million, according to Dune Analytics.
Because of its function in layer-2 chain governance and contribution to decentralization, Arbitrum’s ARB token airdrop has been eagerly anticipated by the cryptocurrency community. People have until September 23, 2023, to claim the Arbitrum ARB airdrop.
On March 23, 112.8 million ARB tokens will also be given as part of the airdrop to other DAOs inside the ecosystem. When it fully converts to a DAO, the network says this will “empower the subcommunities” and encourage them to take part in governance choices.
Altcoin prices have increased, and investors are bullish, as the Bitcoin price surge halts. Because of the prominence of the layer-2 scaling solution in the Ethereum ecosystem and the timing of the airdrop, an alt season might come as good news for Arbitrum’s ARB governance token.
Arbitrum AirDrop Goes Live-This is How You Can Claim the ARB AirDrop
The Arbitrum’s native token, ARB, goes live on several exchanges while the users face issues claiming the tokens, as seen before during the Optimism airdrop. The popular layer-2 solution for Ethereum has begun its transition into decentralization and transformation into a DAO (Decentralized Autonomous Organization), enabling the holders to be a part of the development process of the network.
The airdrop goes live in the times when the Bitcoin price and the crypto markets have benefitted from the recent bank crisis and the recent hike in the interest rate of about 25 bps also has impacted the markets to a larger extent. Moreover, the altcoins also appear to have prepared for a significant rally and hence ARB price is believed to get benefitted to a large extent ahead.
The Arbitrum Aridrop-How to Claim?
The long-awaited airdrop finally hit the floors, a few moments back, decentralization and effective governance being the main aim. The users who are eligible can claim their tokens until September 23, 2023. Moreover, the Arbitrum One chain is believed to go live on reaching block 16890400 which is almost a few hours away from now.
Some of the users may face some issues while claiming the airdrop, that occurred previously with Optimism. However, many crypto influencers and analysts, have noted down a step-by-step procedure to claim ARB.
According to the influencer, here are the steps to be followed to claim ARB without any hazel,
- Set up your own custom RPC endpoint to eliminate the network stress
- Pre-approve the smart contract and take advantage of the faster process of enabling ARB to trade on the exchanges
- Send some advance ETH to Arbitrum to cover the gas fees when claiming
- When asked for the preferred platform to trade, select from the wide options of CEX and DEX
- Allow only the ARB liquidity provision (LP) and not risk your main funds but on the airdrop funds
- Claiming on the Arbitrum One chain will begin when the Ethereum chain reaches block 16890400, while the users can still claim until September 23, 2023.
Blur To Airdrop $300M, Shiba Inu May See A Shibarium Launch Soon While The TMS Network Brings New Ideas To Trading
Obtaining crypto that could grow by double digits in the soon-to-come bull run is a must for many investors. Coins like Blur (BLUR), Shiba Inu (SHIB), and TMS Network (TMSN) are some coins that investors are interested in. Today, we will see if any of these coins will stand out this year as we compare them against each other. Let’s begin!
Blur (BLUR)
The NFT marketplace and distributor Blur (BLUR) is made for experienced traders. The Blur (BLUR) token was released recently and is used as governance for the marketplace.
Days after surpassing previously unbeatable rival OpenSea as the most popular Ethereum NFT trading platform by trade volume, Blur (BLUR) revealed that it would quickly airdrop more tokens valued at over $300 million to devoted customers.
Blur (BLUR) achieved its all-time high of $5.02 on February 14th; however, at the moment, it is down 81% from that peak and is trading for $0.9282. If Blur (BLUR) can pass $1.4, experts predict it will reach $1.5 quickly.
Shiba Inu (SHIB)
Shiba Inu (SHIB) is a decentralized crypto developed in 2020 by an unknown individual using the alias Ryoshi. The Shiba Inu (SHIB) came about after the success of Dogecoin (DOGE), another dog-themed meme crypto.
According to the head developer at Shiba Inu (SHIB), Shibarium will debut very soon. The tweet has caused a lot of Shiba Inu (SHIB) enthusiasts to become excited. However, that has yet to reflect in the coin price as Shiba Inu (SHIB) currently has a value of $0.00001302, a decrease of 0.93% in the past day.
Other indicators are also dropping for the coin as its trading volume of $217M went down by 50% in that same period. According to prominent analysts, Shiba Inu (SHIB) is still just a meme token with no real-world use cases, and any price surges are predicted to be short-lived.
TMS Network (TMSN)
TMS Network (TMSN) aims to disrupt the trading industry by offering traders a one-of-a-kind trading platform allowing the purchase of all derivatives using just crypto payments! The practical constraints of presently available crypto trading platforms include overly centralized control, lengthy transaction times, expensive fees, and a lack of transparency. The main goal of TMS Network (TMSN) is to address these issues through its unique features.
Some of those features will include advanced price analysis using on-chain analysis, cloud-based solutions with low latency and quick execution via proactive monitoring, and an MT4 and MT5 compatibility bridge allowing you to plug in your trading bots and other advisors in the TMS Network (TMSN) platform. With these features, TMS Network (TMSN) could become a fan-favourite among traders as no other traditional trading platform can provide them.
The TMSN token will be the native coin of this platform, giving holders of the token various benefits. Holders of TMSN tokens will receive a share of the money made through trading on the platform, voting rights on the network’s future, and much more – all for a price of just $0.012! Since the presale is in Stage 1, as it advances, so will its price, with many analysts predicting it will rise to $2.60 by mid-2023!
In our opinion, TMS Network (TMSN) will be one of the top presales of 2023 as it shows excellent growth potential, so do not hesitate to sign up now using the links below.
Presale: https://presale.tmsnetwork.io
Telegram: https://t.me/tmsnetwork
Twitter: https://twitter.com/tmsnetworkio
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The $150,000 Undercity Airdrop is Now Live – Who is Eligible and How to Participate?
Undercity has launched an airdrop with $150,000 up for grabs to celebrate the much-awaited $UND presale and the rapidly growing community. Anyone interested can enter the giveaway via Gleam by completing the listed tasks that come with multiple entries. You need to hold at least $150 of $UND at the time of the draw to be eligible for the prize. Undercity is a hybrid gaming metaverse that brings alive the world’s first act-to-earn village.
How to enter the Undercity $150,000 giveaway?
The primary goal of Undercity’s $150,000 airdrop is to build awareness around the project, which is opening a first-of-its-kind village dedicated to gamers, role players, and cosplayers in France.
The 10,000 meter-squares village houses a virtual reality room, atmosphere bar, streaming room, and retro-gaming room, to name just a few. Undercity doesn’t plan on being confined by geographical boundaries, however. It takes the experience to global users by reproducing the village in the metaverse.
Undercity’s grand ambition has resonated with the audience, as revealed by its fast-growing online community. The project aims to reach more users in the coming days through a wide range of marketing initiatives, which include giveaways with compelling prizes.
It is now giving one lucky person $150k worth of UNDERCITY ($UND). You too can stand a chance to win the prize by completing the steps below for multiple entries.
- Enter your Crypto Wallet Address – + 1 Entry
- Join @undercity_chat on Telegram – + 1 Entry
- Tweet @Undercity_off on Twitter – + 5 Entries
- Follow @Undercity_off
- Retweet
- @Undercity_off on Twitter
- Visit @Undercity.officiel on Instagram
- Visit the website undercity
- Share with your friends for 10 extra entries
More entries will strengthen your odds of winning. Since the eligibility to the giveaway comes at no cost but a few seconds of your time and $150 worth of UND, it is not to be missed out on.
The world’s first act-to-earn village is underway
Undercity is building a first-of-its-kind decentralized community with real-world footing and entertainment. The craft site will be just two minutes away from the medieval site of The Bridiers, setting the right ambience for the project. Here is a glimpse of what you can expect on the physical side of the hybrid metaverse in Creuse, France.
- Virtual reality room: A state-of-the-art virtual world where you can lose yourself in your favorite gaming universe with friends, family, or colleagues. You can choose how you want to spend your time here from a long catalog of games and experiences.
- Retro-gaming hall: Love old games? This is the place to be – whether out of curiosity, to see them running, or just to play them and test them. You may also want to participate in the local tournaments and competitions hosted by Undercity based on retro games. Interestingly, the game hall has free access.
- Modern gaming hall: Get free access to cutting-edge consoles like PS5, XBOX SERIES X, and SWITCH.
- Streaming room: Four rooms with live-specific PCs, green screens, and stream decks. The perfect place to interact with your Twitch community.
If you thought Undercity village is just for gaming, you’re wrong. It is a hybrid metaverse dedicated to gamers. Here, you will find everything a gamer dreams of, and more.
- Snack bar: Drink pints and cocktails, meet friends, and sleep on the spot.
- Throw of axes: A perfect stress-breaker after a long week, the Throw of Axe features 6 targets, allowing up to 18 people in each one-hour session. It can be extended to up to 35 people in privatization.
- Massage: A well-being massage can relieve you of the body aches after spending hours in front of the screen.
- Cyberpunk spa and sauna: There are few worries that a Nordic bath doesn’t dissolve.
- Fantasy Manga library: Immerse yourself in the heroic fantasy Manga in the Undercity reading spaces.
In addition to these, Undercity will house a range of modern and spacious teepees that are warm in the winter and cool in the summer.
A passion project from industry pioneers
Undercity is powered by a team of pioneers in real-life entertainment. According to them, playing online is not enough for most gamers. Although gaming is largely based online, powerful communities are built from social interactions in the real world. Undercity taps into this wisdom to build a hybrid metaverse where physical and virtual realities merge.
In addition to a gaming village, it is building a VR role-play shooter metaverse that features modern multiplayer FPS games, weapons, characters, projectiles, shells, explosions, game modes, and more. The demo of the game is now live on the website.
It is also home to the Underverse, which is a unique “open world” in 3D, where the web3 community can meet to build relationships and have unlimited fun.
$UND presale is live!
The presale of $UND, the native token of the Undercity ecosystem, is now live. It will be held in 5 stages with a gradual price hike. $UND’s wide range of utilities in the metaverse and gaming village make it one of the most lucrative crypto investments of this year.
- Entrance fee to Undercity (only once)
- Payment for atypical accommodation rentals (long and short term)
- Payment for premium games and in-app purchases
- Payment in shops, restaurants, and bars in the Undercity village
- Privatization of the place
- Rental of 24-hour hosting servers, game servers, and gaming setups
- Organize events or host subscriber meetings
- Reward creators, actors, and developers of Undercity
Moreover, you get a 5% discount on the price if you pay for Undercity activities with $UND tokens.
Early presale participants can bag high returns on the $UND public launch if the project unfolds as envisioned by the team. The long-term returns of the presale investment also looks bright, as Undercity has multiple project development milestones scheduled throughout this year.
Coinbase’s Airdrop Fiasco: An Influx Of Lawsuits And Criticism
On January 10, Flare Networks began distributing free FLR tokens to holders of XRP in a highly-anticipated airdrop event. To qualify, participants were required to provide proof of their XRP ownership through a screenshot taken in December 2020.
Participating exchanges distributed the FLR tokens, but the value of the incentives was less than expected. Additionally, the FLR token reached an all-time high of $0.15 on the day of the airdrop, but within a week, its value had dropped 71.5% to trade at $0.00041 at the time of this writing.
Airdrop Proved Costly For Coinbase
Dissatisfied customers of cryptocurrency exchange Coinbase have launched a class action lawsuit against the company for failing to supply them with Songbird and Flare tokens.
According to a complaint filed with the United States District Court, Plaintiff Dallas Woody is leading the lawsuit on behalf of himself and others in similar situations regarding the Flare Airdrop. The lawsuit also names Coinbase CEO Brian Armstrong.
The handling of the Flare project has also garnered criticism from members of the cryptocurrency community, with some referring to it as a Ponzi scam and others expressing disappointment with the limited incentives and tight deadlines for the coin.
Ripple’s Chief Technical Officer, David Schwartz, also recently took to Twitter to voice his disapproval of the airdrop and provide constructive criticism. He pointed out that under current regulations, there is no incentive to hold onto FLR tokens in order to receive additional airdrops, and that holders of Flare tokens have nothing to lose by selling them immediately.
As the situation develops, it is increasingly appearing that the Flare project may be a Ponzi scheme, raising more questions and causing further problems for the industry.
Toon Finance Blasts Past $Vechain $Fil $Ape $Egld $Hbar NFT Airdrop
Toon Finance races past other top meme coins
Toon Finance is building a decentralized app where users can swap tokens on the ethereum blockchain as well as some play to earn options with an NFT metaverse. This is huge for the Ethereum blockchain. Toon Finance Coin Presale
Crypto experts have been talking about this for quite some time now over the last several years since meme coins started taking off and becoming a billion dollar industry. And what they have found is that users and investors who find these projects early during the ICO phase have a much better chance of making 1000x returns.
The ToonFi DEX swap is going to change the way users use and trade crypto. Have you ever heard of Pancake Swap? Well Pancake swap is a swap platform with a lottery and many other exciting features. The only issue is that Pancake swap is owned by the Binance platform and therefore only services the Binance network.
Toon Finance offers features that will impact and become a very resourceful tool to users in the Ethereum community. Toon Finance will offer more options than Pancakeswap such as there play to earn option and also there raffle. Crypto Market Experts say that this is what makes Toon Finance a good opportunity for users in the community.
Crypto Market Experts from across the globe have been analyzing the patterns of these meme coin ICO drops, what they offer to the community and how to get into these early so that users have the best possible long term outcome.
The new thing seems to be where these meme coins will do stages and what this does is offer early investors and incentive and this is the reason these are so popular amongst the crypto defi community. Toon Finance will be a game changer for sure.
The Toon Finance Developers are very active on social media and you can find out more about Toon Finance and how you can purchase your very own Toonie Tokens.
How To Purchase Toon Finance
All you have to do is download a multi chain crypto wallet. This is going to be your crypto bank account. Once you have downloaded an app like MetaMask or TrustWallet which are two major multi chain wallets you are now ready to load it with Ethereum.
Next you will go to the Toon Finance buy page and connect your wallet to the website. Once you have connected your wallet you are now ready to purchase your Toon Tokens. All you have to do now is enter in the amount of tokens you want in ETH and click “Buy” . It is that simple. Now you are ready to enter The Toonie Verse. See ya in space. Toon Finance Protocol
Introducing VeChain (VET): The Enterprise-Grade Smart Contract Platform
In the world of blockchain, there are a lot of options for businesses and enterprises looking to launch their own projects or tokens. But which platform is the best fit for your needs?
we’ll introduce you to VeChain (VET), an enterprise-grade L1 smart contract platform that’s versatile and scalable. We’ll cover what VeChain is, how it works, and some of its key features. By the end of this post, you should have a good understanding of whether or not VeChain is the right platform for your project.
What Is VeChain (VET)?
VeChain (VET) is a public blockchain platform that’s designed for enterprises and businesses. It offers a robust suite of tools and features that businesses can use to launch their own projects or tokens. Some of the key features of VeChain include:
- Scalability: VeChain can handle large amounts of data and transactions thanks to its efficient Byzantine Fault Tolerance consensus algorithm.
- Security: VeChain uses a variety of security mechanisms to protect its network, including hardware security modules and multi-party computation.
- Privacy: VeChain supports both public and private transactions, giving businesses the flexibility to choose which type of transaction is right for them.
- Interoperability: VeChain integrates with other blockchains, allowing businesses to create cross-chain applications.
How Does VeChain Work?
VeChain uses two different types of tokens to power its network: VET (VeChain Tokens) and VTHO (VeThor Tokens). VET is used to represent value on the network and can be used to create smart contracts or launch new projects. VTHO is used to pay for transaction fees on the network. Every time a transaction is made, a small amount of VTHO is burned. This helps to keep the network secure by making it expensive to launch attacks.
In addition to VET and VTHO, VeChain also has a governance token called VGOV. VGOV tokens are used by token holders to vote on decisions about the future of the network. Token holders can also earn rewards for participating in governance.
Key Features of VeChain
VeChain is an enterprise-grade blockchain platform with a variety of features that businesses can use to launch their own projects or tokens. Some of the key features of VeChain include:
- Scalability: Thanks to its efficient Byzantine Fault Tolerance consensus algorithm, VeChain can handle large amounts of data and transactions without slowing down.
- Security: VeChain uses hardware security modules and multi-party computation to protect its network from attacks.
- Privacy: VeChan supports both public and private transactions, giving businesses the flexibility to choose which type of transaction is right for them.
- Interoperability: With support for cross-chain applications, businesses can easily integrate VeChain into their existing infrastructure.
If you’re looking for an enterprise-grade blockchain platform that’s versatile and scalable, then you should definitely consider VeChain (VET). With support for public and private transactions, cross-chain applications, and a variety of other features, VeChain has everything you need to launch your next project or token.
What is Filecoin?
Filecoin is a decentralized storage system that aims to “store humanity’s most important information.” The project raised $205 million in an initial coin offering (ICO) in 2017, and initially planned a launch date for mid-2019. However, the launch date for the Filecoin mainnet was pushed back until block 148,888, which is expected in mid-October 2020.
Filecoin is open protocol and backed by a blockchain that records commitments made by the network’s participants, with transactions made using FIL, the blockchain’s native currency. The blockchain is based on both proof-of-replication and proof-of-spacetime. In this article, we will take a closer look at what Filecoin is, how it works, and what the future holds for this ambitious project.
How Does Filecoin Work?
The Filecoin network incentivizes nodes (called “miners”) to store data by paying them rewards in FIL tokens. When a user wants to store data on the network, they select a miner and send a transaction containing the data and payment to that miner.
The miner then stores the data and sends a receipt to the user to confirm that the data has been stored correctly. This receipt contains a cryptographic hash of the data, which serves as proof that the data has been stored correctly and can be retrieved at any time.
To ensure that data is stored correctly and consistently over time, miners are required to periodically send “heartbeat” messages to the network containing proof that they are still storing the data correctly.
If a miner fails to do this, their deposit is slashed (i.e., they lose part of their FIL token balance) and they are removed from the network. In addition, every time a user retrieves data from the network, they must pay a small fee to the miner who stores that data. These fees are also paid in FIL tokens.
The Filecoin team has developed two different types of storage Proofs: Proof-of-Replication (POR) and Proof-of-Spacetime (PoSt). POR proofs are used to prove that data has been replicated across multiple storage devices (e.g., hard drives), while PoSt proofs are used to prove that data has been stored for a specific amount of time (e.g., weeks or months).
Miners must generate both types of proofs in order to receive rewards from the network. PoSt proofs are generated continuously over time, while POR proofs are only generated when new pieces of data are added to the storage network.
What Is The Future Of Filecoin?
Filecoin has already raised over $200 million from some of the biggest names in venture capital, including Andreessen Horowitz, Sequoia Capital, and Winklevoss Capital. In addition, several high-profile organizations have pledged their support for the project, including Protocol Labs (the organization behind IPFS), Coinlist (a digital asset investment platform), and Libertus Capital (a cryptocurrency hedge fund).
With such strong backing from both institutions and individual investors alike, it seems likely that Filecoin will continue to grow in popularity as more people become aware of its existence.
Filecoin is a decentralized storage system that uses cryptography and blockchain technology to incentivize nodes (called “miners”) to store data on its network. Miners are paid rewards in FIL tokens for storing data correctly and consistently over time. In addition, every time a user retrieves data from the network, they must pay a small fee to the miner who stores that data.
Fees are also paid in FIL tokens. The project has already raised over $200 million from some of the biggest names in venture capital, including Andreessen Horowitz, Sequoia Capital, and Winklevoss Capital. With such strong backing from both institutions and individual investors alike, it seems likely that Filecoin will continue to grow in popularity as more people become aware of its existence.”
Why is Toon Finance blowing past ApeCoin?
ApeCoin is a governance and utility token used by the APE Ecosystem to incentivize and empower a decentralized community that is building at the forefront of web3. The ApeCoin DAO, which is controlled by ApeCoin holders, governs itself via a decentralized governance framework, and votes on how the ApeCoin DAO Ecosystem Fund should be used. Proposals that are agreed upon by ApeCoin holders are administered by the APE Foundation.
ApeCoin has a total supply of 1 billion tokens, with a circulating supply of 500 million. The token was created in 2017 and is an ERC-20 token built on the Ethereum blockchain. ApeCoin holders can use their tokens to vote on proposals, earn rewards for participating in the ecosystem, and purchase products and services within the ecosystem.
The APE Ecosystem includes the following components:
- The ApeCoin DAO: This is a decentralized autonomous organization that is governed by ApeCoin holders. The DAO manages the ApeCoin Ecosystem Fund, which is used to finance projects that build the ecosystem.
- The APE Foundation: This foundation administers proposals that are agreed upon by ApeCoin holders.
- The ApeCoin Wallet: This wallet allows users to store, send, and receive ApeCoins. It also allows users to vote on proposals and participate in the ecosystem.
- The ApeCoing Exchange: This exchange allows users to buy, sell, or trade ApeCoins.
- Apeswap: This is a decentralized exchange built on the Ethereum blockchain that allows users to trade ERC-20 tokens.
ApeCoin is an ERC-20 governance and utility token used within the APE Ecosystem to empower and incentivize a decentralized community building at the forefront of web3. The total supply of ApeCoin is 1 billion tokens, with a circulating supply of 500 million.
The token was created in 2017 and is an ERC-20 token built on the Ethereum blockchain. Holders of ApeCoin can use their tokens to vote on proposals, earn rewards for participating in the ecosystem, and purchase products and services within the ecosystem. Apecoin is a meme coin that is basically for the Bored Ape Yacht club community and serves no real purpose like other meme coins, for example Shiba inu coin is a meme coin with utility. They have SHIBswap which is a DEX. Toon Finance also is coming out with a DEX, the new meme coin presale that has been all over the news lately. These are meme coins with a purpose.
Toon Finance and Elrond Making Waves in the Crypto World
Elrond 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. In this blog post, we’ll take a closer look at what Elrond is and how it plans to revolutionize the world of blockchain.
What Is Elrond?
Elrond 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.
How Does Elrond Work?
Elrond uses a technique called “sharding” in order to achieve its high transaction speeds. Sharding involves splitting the network into multiple smaller sub-networks, each of which can process transactions in parallel. This means that more transactions can be processed overall because they are not limited by the speed of a single network.
In addition to sharding, Elrond also uses something called “Adaptive State Sharding”. This is a technique that further improves transaction speed by only processing the data that is necessary for each particular transaction. This reduces the amount of data that needs to be processed overall, which makes transactions even faster.
Why Is Elrond Important?
Elrond is important because it has the potential to revolutionize the way we use blockchain technology. Its high transaction speeds and low costs make it ideal for use in a wide range of applications, from payments to supply chain management. In addition, its use of sharding means that it is scalable and can handle increasing numbers of transactions without any decrease in performance.
Elrond is an exciting new blockchain protocol with the potential to change the way we use blockchain technology. Its high transaction speeds and low costs make it ideal for use in a wide range of applications, from payments to supply chain management. In addition, its use of sharding means that it is scalable and can handle increasing numbers of transactions without any decrease in performance. If you’re interested in investing in Elrond, be sure to do your own research before making any decisions.
All You Need to Know About Hedera Hashgraph (HBAR)
Hedera Hashgraph is a distributed ledger technology (DLT) platform that offers a new way of reaching consensus in a decentralized network. Its creators claim that it is faster, more efficient, and more secure than other existing DLT platforms such as Bitcoin and Ethereum. In this article, we will take a closer look at Hedera Hashgraph and its native utility token HBAR.
What Is Hedera Hashgraph?
Hedera Hashgraph is a distributed ledger technology (DLT) platform that offers a new way of reaching consensus in a decentralized network. Its creators claim that it is faster, more efficient, and more secure than other existing DLT platforms such as Bitcoin and Ethereum. In this article, we will take a closer look at Hedera Hashgraph and its native utility token HBAR.
Hedera Hashgraph was founded in 2016 by Leemon Baird and Mance Harmon. Baird is a computer science professor and the inventor of the hashgraph algorithm on which the platform is based. Harmon is a former software engineer at Google and the US Air Force.
The team behind Hedera raised $124 million through an initial coin offering (ICO) in August 2018. The ICO was one of the largest of its kind at the time and saw significant interest from both institutional and retail investors.
Hedera launched open access to its mainnet just over a year later in September 2019. As part of the ICO, investors were able to purchase the platform’s native utility token (HBAR) at the lowest possible pricing.
HBAR is currently listed on over 30 cryptocurrency exchanges including Binance, Huobi Global, OKEx, Kraken, and Upbit.
Hedera Hashgraph is a distributed ledger technology (DLT) platform that offers a new way of reaching consensus in a decentralized network. Its creators claim that it is faster, more efficient, and more secure than other existing DLT platforms such as Bitcoin and Ethereum. In this article, we have taken a closer look at Hedera Hashgraph and its native utility token HBAR. If you are thinking about investing in HBAR, make sure to do your own research first and consult with a financial advisor.
Overall these are all successful crypto projects, Toon Finance is a newer project that is still in presale and it is all over the place from outlet to outlet news and crypto experts have been covering the day to day story and how the project works. This is an opportunity for those who are interested in meme coins or investing in crypto in general.
Disclaimer: This is a guest post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.
Aptos Foundation Airdrop Failed Miserably, APT Price Plunge Hard
The post Aptos Foundation Airdrop Failed Miserably, APT Price Plunge Hard appeared first on Coinpedia Fintech News
On October 19th, Aptos Foundation announced an APT airdrop for eligible end users. It is reported that in total, 20,076,150 $APT will be airdropped to 110,235 participants.
As the platform released an airdrop without a strict anti-Sybil attack, users received a huge number of APT tokens. APT saw extreme selling pressure, which caused the token to flash drop from $15 to $13. Large sell orders started a chain of active sells that gradually pushed the token’s price down to $7 at the time of publication.
Terran Coin’s 50,000 TRR Airdrop Event Goes Live Today
Terran, the up-and-coming NFT platform and marketplace, has announced on Twitter that its 50,000 Terran Coin airdrop event will go live on September 2.
According to the post on Terran’s official website, users will be able to enter the giveaway of 50,000 Terran Coins (TRR) by following the simple steps laid by the blockchain platform.
The requirements provided include joining Terran Coin’s Telegram community and other social media accounts, as well as engaging with Terran’s social media posts by liking, retweeting, and replying to their pinned tweet, and tagging three friends. As detailed on the Terran website, users who participate in the airdrop will likely be able to win 5 TRR.
Terran, though relatively new in origin, boasts notable features, such as an eco-friendly and energy-efficient blockchain, being able to mint NFTs from images or videos, Dual Delegated Proof-of-Stake (DDPoS) consensus, and 300,000 transactions per second. Terran Coin (TRR) is the native cryptocurrency and utility asset of the Terran ecosystem.
Terran’s NFT minting platform works on its own blockchain and protocol that bolsters user-friendliness and efficiency. The minting platform allows users to kickstart their NFT business journey in hassle-free ways.
The blockchain used for Terran’s minting platform is called ‘Terran Chain’, and it employs a patented Dual Delegated Proof-of-Stake (DDPoS) consensus protocol. Terran also features its own NFT Marketplace. Through these three parts of the platform, users can mint any digital asset they wish for such as pictures, music, videos, video games, memes, GIFs, etc.
About Terran
Terran aims to spread awareness about the concept of NFTs as businesses. Additionally, Terran seeks to lower the barrier to entering the world of NFTs by creating an NFT minting platform and marketplace that will be most efficient and accessible for users.
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