Last week was slightly better for the crypto market with Bitcoin (BTC) going up around 6% and coins AXS, PERP, COMP, ARDR, AERGO, MBL, PPT, POWR, SNT, DOCK also in the green.
Let’s take a closer look at last weeks top crypto performers.
Axie Infinity is a digital pet community centered around collecting, training, raising, and battling fantasy creatures called Axie. Each Axie has unique genetic data stored on the Ethereum blockchain. Each Axie can possess 6 out of hundreds of possible body parts. Each body part has their own battle move so the combinations for creating unique little battlers are infinite. Read more
Perpetual Protocol was launched in late 2019, originally under the name of Strike Protocol. Perpetual Protocol builds on an Uniswap-inspired automated market maker (AMM) design (constant product curve). Perpetual Protocol’s liquidity pool (k) is virtualized and determined algorithmically. Rather than rely on liquidity providers to determine the curve of a given market, Perpetual Protocol can programmatically set and update the parameters of the virtual AMM (x*y=k) and offer a competitive product for any given market at all times.
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.
Compound (COMP) is an ERC-20 asset that empowers community governance of the Compound protocol; COMP token-holders and their delegates debate, propose, and vote on all changes to the protocol. Read more
Ardor is the latest in the growing field of contenders for blockchain as a service (BaaS) providers. Ardor provides the blockchain infrastructure for businesses and institutions to leverage the strengths of blockchain technology without having to invest in developing custom blockchain solutions. Instead, Ardor offers a main chain that handles blockchain security and decentralization plus customizable child chains that come ready to use, right out of the box, for various business applications. Read more
AERGO is an open platform that allows businesses to build innovative applications and services by sharing data on a trustless and distributed IT ecosystem. With the ability to deploy on either public or private blockchain networks, AERGO gives businesses the flexibility in developing and deploying blockchain applications with unparalleled speed, scalability and performance. Read more
MovieBloc is a blockchain based film distribution platform. The Creators will get a transparent revenue share, audience data, and equal screening opportunity; the viewers will access various films & contents and get rewarded for providing curation, foreign subtitle, and marketing material to the MovieBloc ecosystem.
Populous is a peer-to-peer invoice platform founded in 2017 at a high point in the blockchain and cryptocurrency craze. It makes use of blockchain’s distributed ledger technology to provide a global trading platform for invoice financing. According to the Populous website, “invoice finance is a form of funding that instantly unlocks the cash tied up in outstanding sales invoices. Read more
Power Ledger (POWR) is an Australian blockchain-based cryptocurrency and energy trading platform that allows for decentralized selling and buying of renewable energy. The platform provides consumers with access to a variety of energy markets around the globe and is meant to be scalable to various energy infrastructures and regulations. The market is based on a dual-token ecosystem operating on two blockchain layers, POWR and Sparkz. Read more
Status is categorized as a mobile and desktop operating system and decentralized browser that incorporates a messaging system. As such, Status allows you to interact with a network at any time, from anywhere. It was originally released in June in 2017.
dock.io is a decentralized data exchange protocol that lets people connect their profiles, reputations and experiences across the web with privacy and security.
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