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Top 10 Performing Cryptos Of The Week, 04 11 July 2021

July 12, 2021
in Australian Crypto News
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It was a pretty average past week for the crypto market with Bitcoin (BTC) going down by -4.15%, but some coins TVK, AXS, SAND, AUCTION, POA, ALPHA, STX, CVP, ALICE, SNX were in the green.

Let’s take a closer look at last weeks top crypto performers.

Terra Virtua Kolect is a cross-platform non-fungible token (NFT) ecosystem that offers a curated marketplace for NFT creators and collectors to interact. The Terra Virtua Kolect platform spans web, PC and mobile AR/VR environments.
The Terra Virtua Kolect project raised $2.6 million in three rounds of token sales. Some of Terra Virtua’s partners for creating digital collectibles include Legendary Entertainment and Paramount Pictures.

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

The Sandbox claims to be a virtual world where players can build, own, and monetize their gaming experiences in the Ethereum blockchain using SAND, the platform’s utility token. It is claimed that players can create digital assets (Non-Fungible Tokens, aka NFTs), upload them to the marketplace, and drag-and-drop them to create game experiences with The Sandbox Game Maker. Read more

Bounce Protocol claims to be operating swap pools.

The POA Network is an Ethereum-based platform that offers an open-source framework for smart contracts. The project is an Ethereum sidechain that uses Proof of Autonomy as its consensus mechanism, relying on a set of pre-selected validators to secure the network. The validators’ identity will be public.

Alpha Finance Lab describes itself as a cross-chain DeFi platform that will interoperate and bring alpha to users across different blockchains such as Binance Smart Chain (BSC) and Ethereum. Alpha Lending, the first product built by Alpha Finance Lab, is a decentralized lending protocol with algorithmically-adjusted interest rates. ALPHA is the native utility token of the platform. Read more

Blockstack uses the lower layers of the traditional internet and focuses on decentralizing the application layer. Blockstack provides key tools and infrastructure to developers enabling decentralized storage and decentralized authentication & identity. Developers build single-page applications in Javascript then plug into user-run APIs, which eliminates centralized points of control. Read more

PowerPool is a solution for accumulating governance power in Ethereum-based protocols by pooling tokens (COMP, BAL, LEND, YFI, BZRX, AKRO, etc.). The CVP token name refers to Concentrated Voting Power: CVP holders decide how pooled GTs will vote when the vote occurs in their root protocol. Also, CVP holders govern the entire protocol (key ecosystem variables, collateral types, adding new pools).

My Neighbor Alice is a multiplayer builder game, where anyone can buy and own virtual islands, collect and build exciting items and meet new friends. Inspired by successful games such as Animal Crossing, the game combines the best of the two worlds – a fun narrative for regular players who want to enjoy the gameplay experience as well as an ecosystem for players who want to collect and trade Non-Fungible Tokens (NFTs).

Synthetix is based in Australia, Synthetix launched a seed funding round in September, 2017 to develop the concept of a self-contained stablecoin payment network. They then kicked off their public ICO on February 28, 2018 and by the end of the ICO on March 7, 2018, they had met their goal of $30,000,000 USD. Synthetix was rebranded from Havven on November 30, 2018. Read more

Disclaimer:
The content and views expressed in the articles are those of the original authors own and are not necessarily the views of Crypto News. We do actively check all our content for accuracy to help protect our readers. This article content and links to external third-parties is included for information and entertainment purposes. It is not financial advice. Please do your own research before participating.

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