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…

Amazing Facts About NEO NEO Coin: Owner: NEO, often referred to as “Ethereum of China,” is an open-source blockchain platform developed by Onchain, a Chinese blockchain company founded by Da Hongfei and Erik Zhang. NEO is governed by the NEO Foundation and its decentralized community. It’s designed to facilitate the development of digital assets and…

Working Principles of AXS AXS Coin (Axie Infinity – AXS): Owner: Axie Infinity, the blockchain-based virtual pet and gaming platform, is the project behind the AXS coin. The ownership and governance of Axie Infinity are decentralized, with decisions made by the community. The development team, along with the broader community, actively contributes to the platform’s…

Amazing Facts about Fantom FTM Coin (Fantom – FTM): Owner: Fantom, the blockchain platform behind the FTM coin, is a decentralized and open-source project. It operates without a single owner, and its governance is largely driven by the community and the Fantom Foundation, a non-profit organization supporting the development of the network. Uses: FTM (Fantom)…

Mode of Operation of the MANA coin MANA Coin (Decentraland – MANA): Owner: Decentraland is the virtual world platform behind the MANA coin. Decentraland operates as a decentralized autonomous organization (DAO), which means it is governed by its community of token holders. MANA token holders have a say in the platform’s development and governance. Uses:…