Month: October 2023

Working Principles of EGLD Elrond (EGLD): Owner: Elrond is a blockchain platform designed to provide fast, secure, and scalable solutions for decentralized applications (dApps) and enterprise use cases. The project was founded by Beniamin Mincu, and the development is led by the Elrond team and the Elrond Foundation, a non-profit organization. Uses: EGLD, the native…

Amazing Facts About IOTA Coin IOTA (MIOTA): Owner: IOTA is an open-source distributed ledger technology (DLT) project with no single owner or central authority. It was founded by David Sønstebø, Dominik Schiener, Sergey Ivancheglo, and Serguei Popov. The IOTA Foundation, a non-profit organization based in Germany, oversees the development and adoption of the IOTA protocol….

Working Principles of Kucoin KuCoin Shares (KCS): Owner: KuCoin Shares (KCS) is associated with the cryptocurrency exchange KuCoin. KuCoin is a global cryptocurrency exchange founded by Michael Gan in 2017. KCS is a native utility token of the KuCoin exchange. Uses: KCS has several uses within the KuCoin ecosystem: Seed Sale: KCS had an initial…

CHZ Overview CHZ Coin (Chiliz): Owner: Chiliz (CHZ) is a blockchain-based platform for sports and entertainment that issues the CHZ coin. Chiliz is owned by Socios.com, a fintech and blockchain company specializing in fan engagement and tokenization of sports and entertainment. Alexandre Dreyfus is the CEO of Chiliz and Socios.com. Uses: CHZ has a unique…

Amazing Facts about USDP Pax Dollar (USDP): Owner: Pax Dollar (USDP) is a stablecoin issued and managed by Paxos Trust Company, a financial institution regulated by the New York State Department of Financial Services (NYDFS). Paxos Trust Company provides regulatory oversight and credibility to USDP. Uses: USDP serves several key uses within its ecosystem: Seed…

Facts about PAXG Coin Pax Gold (PAXG): Owner: Pax Gold (PAXG) is a digital asset representing ownership of physical gold, and it is issued and managed by Paxos Trust Company. Paxos is a financial institution regulated by the New York State Department of Financial Services (NYDFS), which adds a layer of regulatory oversight and credibility…

Working Principles of XAUT XAUT Coin: Owner: XAUT is a cryptocurrency token representing ownership of physical gold. It is owned and operated by Tether Limited, the same company that owns and operates Tether (USDT), a widely used stablecoin. Tether Limited is associated with the Bitfinex cryptocurrency exchange. Uses: XAUT is a tokenized representation of gold,…

Amazing Facts About CFX Conflux Coin (CFX): Owner: Conflux is an open-source blockchain platform, and its ownership is decentralized with no single entity or owner. It is governed by the Conflux Foundation and its community. Dr. Fan Long, a former research scientist at Google, is one of the co-founders of Conflux. Uses: Conflux serves several…

Amazing Facts about flow FLOW Coin: Owner: FLOW is a blockchain platform developed and maintained by Dapper Labs, a blockchain technology company known for its contributions to the development of blockchain-based applications and games. The platform is open-source, and Dapper Labs plays a pivotal role in its growth and ecosystem. Uses: FLOW serves several key…

Overview of KAVA KAVA Coin: Owner: Kava (KAVA) is an open-source blockchain platform designed for decentralized finance (DeFi) and cross-chain lending. The project is governed by the Kava Labs Foundation, and its development is guided by the Kava Labs team. Kava was founded by Brian Kerr and Scott Stuart. Uses: Kava has several key uses…