FULLFORMDEFINITION
This section includes 8145 fullforms, each offering curated multiple-choice questions to sharpen your Cryptocurrency knowledge and support exam preparation. Choose a topic below to get started.
| 6151. |
BCNA meaning in Cryptocurrency ? |
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Answer» INFO: Full form for BCNA is BitCanna in Cryptocurrency category |
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| 6153. |
WRC meaning in Cryptocurrency ? |
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Answer» Worldcore (WRC) is a cryptocurrency and operates on the Ethereum platform. Worldcore has a current supply of 245,209,299 with 178,103,291 in circulation. The last known price of Worldcore is 0.00046598 USD and is down -0.70 over the last 24 hours. It is currently trading on 2 active market(s) with $0.00 traded over the last 24 hours. More information can be found at https://worldcore.eu. reference
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| 6154. |
ADP meaning in Cryptocurrency ? |
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Answer» INFO: Full form for ADP is Adappter Token in Cryptocurrency category
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| 6155. |
KBC meaning in Cryptocurrency ? |
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Answer» INFO: Full form for KBC is Karatgold Coin in Cryptocurrency category
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| 6156. |
JET meaning in Cryptocurrency ? |
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Answer» INFO: Full form for JET is Jetcoin in Cryptocurrency category
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| 6157. |
JDI meaning in Cryptocurrency ? |
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Answer» Jdiyield is a smart portal targeting to increase convenience and security for Binance Smart Chain yield farmers. Users can freely stake and/or unstake their funds regardless of the accessibility to their favorite yield farming websites. This would safeguard users’ capital from any misfortunate circumstances such as fraud, website downtime, DDOS, or 404 errors. Moreover, users can monitor their portfolios, look at token graphs, and harvest their farms in one page. Users can now rest easy knowing that their yield farms are safe and growing. reference
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| 6158. |
JET meaning in Cryptocurrency ? |
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Answer» INFO: Full form for JET is Jet Protocol in Cryptocurrency category
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| 6159. |
FERA meaning in Cryptocurrency ? |
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Answer» INFO: Full form for FERA is Fera in Cryptocurrency category
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| 6160. |
LNT meaning in Cryptocurrency ? |
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Answer» INFO: Full form for LNT is Lottonation in Cryptocurrency category
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| 6161. |
MB meaning in Cryptocurrency ? |
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Answer» INFO: Full form for MB is Milk and Butter in Cryptocurrency category
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| 6162. |
MB meaning in Cryptocurrency ? |
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Answer» INFO: Full form for MB is Micro Bitcoin in Cryptocurrency category
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| 6163. |
WAF meaning in Cryptocurrency ? |
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Answer» INFO: Full form for WAF is Waffle in Cryptocurrency category
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| 6164. |
RADAR meaning in Cryptocurrency ? |
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Answer» INFO: Full form for RADAR is DappRadar in Cryptocurrency category
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| 6165. |
ECU meaning in Cryptocurrency ? |
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Answer» INFO: Full form for ECU is Decurian in Cryptocurrency category
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| 6166. |
ECU meaning in Cryptocurrency ? |
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Answer» INFO: Full form for ECU is ECOSC in Cryptocurrency category
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| 6167. |
ECT meaning in Cryptocurrency ? |
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Answer» To learn more about this project, check out our deep dive of Ethereum Chain Token. What Is Ethereum Chain Token (ECT)?Ethereum Chain Token is a self-proclaimed fair cryptocurrency that wants to create a system where just being a holder yields rewards. In essence, it is a hyper-deflationary coin that aspires to be a store of value. The team claims to have raised $500,000 in funding, which is to be used on a social media campaign to raise awareness among high-profile celebrities. Its roadmap promises exchange listings, charity programs, partnerships and community contests, which are in line with its announced community-driven approach. Who Are the Founders of Ethereum Chain Token?The founders of Ethereum Chain Token chose to go down the route of many other hyper-deflationary coins and remain anonymous. The project emphasizes being 100% community-driven and using a fair launch to distribute the tokens. That is underscored by its hold and earn structure that is geared towards returning transaction fees to existing coin holders. What Makes Ethereum Chain Token Unique?Ethereum Chain Token follows in the footsteps of similar projects by employing a standard 10% fee for every conducted transaction. 5% of each transaction is distributed to holders, with the other 5% continuously added to the liquidity pool, “creating a steady rising price floor” in the team’s words. This mechanism of rewarding holders at the expense of new transactions has been employed by many deflationary token projects similar to Ethereum Chain Token. Although it does create all the right incentives for holders, its success is dependent on creating a community-driven effort to get enough people to buy the token, something which is easier said than done. The project’s roadmap appears to be fairly standard, with Ethereum Chain Token promising more exchange listings and community contests, as well as partnerships and charity programs. However, no details are given and whether the team will fulfill these promises remains to be seen. This also applies to the promised Ethereum Chain Token Wallet App creation on iOS and Android in Q4 2021, which requires a strong developer effort by the team. Related Pages:Check out Ethereum (ETH) — one of the most popular cryptocurrencies on the market. Check out Ethereum Classic (ETC) — a popular fork of Ethereum. Read our in-depth article about Ethereum Chain Token Get the latest crypto news and latest trading insights with the CoinMarketCap blog. How Many Ethereum Chain Token (ECT) Coins Are There in Circulation?The total supply of ECT is 100 billion. 20% of that supply is to be burned, with another 30% to be locked as liquidity. The developer wallet holds 25%, which is locked for six months, and the remaining 25% is being used for marketing. It is worth mentioning that Ethereum Chain Token, unlike other deflationary tokens with a similar structure, does not have a limit on how many coins a single wallet can hold or how many coins can be sold at once. This makes it more whale-friendly than comparable projects, which can be both an advantage and a disadvantage, depending on your investment approach. It should also be mentioned that the developer wallet of the Ethereum Chain Token project is slightly bigger than that of other deflationary projects, implying the community displays a high degree of trust in the project. How Is the Ethereum Chain Token Network Secured?The Ethereum Chain Token is an ERC-20 token on Ethereum. The project website does not provide any information regarding a security audit. ERC-20 is a token standard most new tokens follow when publishing on the Ethereum blockchain. Ethereum is one of the most popular blockchains and the go-to solution for many decentralized applications and ambitious projects like Ethereum Chain Token to launch on. It is secured by a proof-of-work consensus mechanism that requires miners to mine new Ether. A set of decentralized nodes validates transactions and secures the Ethereum blockchain. When Will Ethereum Chain Token Trading Begin?Ethereum Chain Token trading began on July 20, 2021. It reached an all-time high on Aug. 1 and has a fully diluted market capitalization of $19 million as of August. Can Ethereum Chain Token Hit $0.01?Ethereum Chain Token started with a 100 billion supply of ECT, making a valuation of $0.01 a tough task. However, comparable projects have reached the $1 billion market capitalization that would be necessary to achieve this price, so it isn’t out of the question that Ethereum Chain Token achieves something similar. Where Can You Buy Ethereum Chain Token (ECT)?ECT is available on Uniswap. If you want to learn more about how to start buying cryptocurrencies, you can read more here in our guide. reference
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| 6168. |
ECT meaning in Cryptocurrency ? |
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Answer» Ecochain Token is a decentralized deflationary token aims to bring multiple aspects together to create stability in the ecosystem and economy ABOUT ECOCHAIN FINANCE Ecochain Finance is committed to launching multiple projects in its community and ecosystem under the umbrella of Ecochain Finance, where fees and profits will be distributed amongst our holders over their lifetimes. Ecochain Finance will collect and analyze data and help environmental organizations work to reduce their negative impact of society on the ecosystem. We have multiple projects that will benefit our holders, including Dex exchange, NFT marketplace (Endangered Species, Flowers, Animals, and Plants), Staking, Ico launchpad, and Launch of sub-projects under the umbrella of Ecochain Finance to airdrop to our committed community members. reference
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| 6169. |
MDS meaning in Cryptocurrency ? |
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Answer» MediShares (MDS) is a cryptocurrency and operates on the Ethereum platform. MediShares has a current supply of 2,000,000,000 with 1,310,099,624.0728 in circulation. The last known price of MediShares is 0.00155697 USD and is down -2.21 over the last 24 hours. It is currently trading on 5 active market(s) with $15,967.41 traded over the last 24 hours. More information can be found at http://www.medishares.org/. reference
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| 6170. |
MDS meaning in Cryptocurrency ? |
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Answer» INFO: Full form for MDS is Midas Dollar Share in Cryptocurrency category
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| 6171. |
DAV meaning in Cryptocurrency ? |
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Answer» DAV Coin (DAV) is a cryptocurrency and operates on the Ethereum platform. DAV Coin has a current supply of 1,380,276,937.5528216 with 693,650,813.3263288 in circulation. The last known price of DAV Coin is 0.00252728 USD and is down -0.72 over the last 24 hours. It is currently trading on 3 active market(s) with $954,085.13 traded over the last 24 hours. More information can be found at https://dav.network/. reference
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| 6172. |
BTU meaning in Cryptocurrency ? |
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Answer» INFO: Full form for BTU is BTU Protocol in Cryptocurrency category
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| 6173. |
BSI meaning in Cryptocurrency ? |
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Answer» INFO: Full form for BSI is Bali Social Integrated in Cryptocurrency category
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| 6174. |
ANI meaning in Cryptocurrency ? |
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Answer» INFO: Full form for ANI is Anime Token in Cryptocurrency category
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| 6175. |
SIN meaning in Cryptocurrency ? |
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Answer» INFO: Full form for SIN is Sin City Metaverse in Cryptocurrency category
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| 6176. |
SIN meaning in Cryptocurrency ? |
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Answer» What is SINOVATE (SIN)? SINOVATE (SIN) is a project to build a blockchain-based peer-to-peer network for decentralized cloud storage. It has been launched in 2018 as SUQA without any ICO/IEO or pre-mine and has been rebranded in 2019 as SINOVATE. The project aims to offer a decentralized Cloud (dCloud) multi-chain ecosystem to answer the future challenges of Big Data and Artificial Intelligence with cryptocurrency technologies. SIN is the cryptocurrency that is used for: Transaction and data transfer fees. Payment of decentralized data storage contracts. Rewarding the Proof-of-Stake (PoS) and Proof-of-Work (PoW) validators. Initializing an Infinity Node which operates the Proof-of-Services (PoSe) layer for instant transactions and data storage. Rewarding the owners and moderators of Infinity Nodes. Participating in the governance votes. Interacting with the decentralized finance (DeFi) ecosystem. Creating tokens and sidechains with the InfiniteChain technology. *Blockchain-based electronic mail services. * SIN tools include: An Explorer to track the transactions, blocks, cryptonomic, and different network layers with a callable API for building applications. A GitHub for the developers of the SINOVATE ecosystem. Custom Mobile and Desktop Wallets to support the users’ experience in the use of SIN coins. A Webtool to develop applications and to realize tasks such as voting or creating invoices. How many SIN coins are there in circulation?There does not exist maximum supply in the SINOVATE ecosystem. To overcome the inflation, the network exploits the Proof-of-Burn (PoB) mechanism. The PoB eliminates the fees and collateral of Infinity Nodes, allowing the network to have a self-regulated circulating supply based on the offer/demand paradigm. The project revendicates an objective to have always less than 800 million SIN coins in supply. Who are the founders of SINOVATE?Tamer Dagli and Xuantan Nguyen founded SINOVATE Decentralized Autonomous Organization (DAO). Nowadays, the project DAO comprises around 30 active participants where the funds are provided from 10% of the block reward. The project publishes monthly an update of its treasury and expenditures. What makes SINOVATE unique?The network runs with Bitcoin core 0.21 to exploit Layer-2 protocols such as smart contracts or state channels for micropayments based on the Lightning Network or decentralized applications to provide services. SINOVATE integrates or will integrate the following unique features: Hybrid GPU-based custom Proof-of-Work (PoW) algorithm X25X and fourth-generation Proof-of-Stake (PoS) consensus. Infinity Nodes network for enabling a novel data storage platform. This is only possible with the unique 12-month contract commitment and LockReward algorithm for fairly distributed reward systems among tiers of Infinity Nodes. Rewards come from their contribution to the Proof-of-Services (PoSe) layer composed of instant and data storage payments. Proof-of-Burn (PoB) mechanism applied on the Infinity Nodes collateral, data storage fees, and transaction fees. The inflation paradigm solved by SINOVATE will ensure an easy network capacity increase and a novel cryptonomic model with market-dependent self-regulated circulating supply. Incorruptible Data Storage (IDS), a revolutionary approach for a dCloud environment backed by Infinity Nodes with robust, secure, and unique protocols such as blockchain-based File Transfer Protocol (bFTP). IDS roadmap considers multiple steps with its step-1, B’Mail, in December 2021. InfiniteChain, a Layer-2 that interconnects blockchain solutions of the SINOVATE ecosystem thanks to the sidechain technology. This makes SINOVATE the first dCloud multi-chain ecosystem. Where to buy SIN coins?SINOVATE proposes many trading pairs to buy the SIN coins such as BTC, ETH, or USDT. The network has a swap bridge with the Ethereum and Binance Smart Chain ecosystem. It will enable SINOVATE to be interconnected with solutions backed by these solutions. Specifically, SIN coins will be wrapped, usable, and tradeable on the different decentralized finance (DeFi) platforms of these ecosystems. reference
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| 6177. |
NRV meaning in Cryptocurrency ? |
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Answer» Nerve is an automated market maker (AMM) specifically designed for trading stablecoins and pegged assets on the Binance Smart Chain. Nerve's first pool is launching with a basket of a dollar-pegged stablecoins consisting of BUSD, USDT & USDC. The project was launched March 1st, 2021. reference
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| 6178. |
AMT meaning in Cryptocurrency ? |
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Answer» INFO: Full form for AMT is AMATERAS in Cryptocurrency category
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| 6179. |
AMT meaning in Cryptocurrency ? |
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Answer» INFO: Full form for AMT is Animaltycoon in Cryptocurrency category
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| 6180. |
ESS meaning in Cryptocurrency ? |
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Answer» INFO: Full form for ESS is Essentia in Cryptocurrency category
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| 6181. |
STF meaning in Cryptocurrency ? |
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Answer» Structure.finance is a protocol platform that supports the orchestration of different structured financial products. By observing the pattern of DeFi development, it is exciting how different protocols could be integrated with one another and offer a variety of products for users to make trades and earn profits. However, the current entry barrier for users to use these protocols to build products is high and usually requires technical skills if not actual coding. In traditional financial industry, structured financial products are invented in order to offer a simplified user experience for the retail investors. Among the different investment products, users will choose based on their risk appetite and their expectations for the return. By packaging interest rate products together with derivatives, there is more variety of products that retail users could choose from based on their preference. Structure.finance creates an easy tools for creating structured financial products for cryptocurrencies. Also, two options products are developed at this stage, to provide users with more diversity in trading and risk hedging. reference
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| 6182. |
STF meaning in Cryptocurrency ? |
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Answer» INFO: Full form for STF is Safe Trip Finance in Cryptocurrency category
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| 6183. |
CVC meaning in Cryptocurrency ? |
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Answer» INFO: Full form for CVC is CoviCoin in Cryptocurrency category
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| 6184. |
CVC meaning in Cryptocurrency ? |
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Answer» What Is Civic (CVC)? Civic is a blockchain-based identity management solution that gives individuals and businesses the tools they need to control and protect personal identity information. The platform is designed to change the way we think about identity verification by giving users more control over their personal data, while allowing them to access a wide range of services without needing to fork over excessive amounts of personal information. Civic's identity verification solution uses distributed ledger technology to authorize identity usage in real time, and is used to sparingly share information with Civic partners after authorization by the user. Unlike some other identity management services, Civic users store all their sensitive data on their mobile device. Users are able to authorize the sharing of specific personal data by providing a biometric signature through the Civic app. The Civic ecosystem is enabled by a unique utility token known as the Civic token (CVC), which is used for the settlement of identity-related transactions between Civic participants — such as between a customer and service provider. Users can earn CVC tokens for completing a variety of tasks, such as signing up for a service through the platform or introducing new users, while validators can earn CVCs for validating documents for service providers. Civic was launched in 2018, following a sell-out initial coin offering (ICO) the year prior. Who Are the Founders of Civic?Civic was co-founded in 2015 by Vinny Lingham and Jonathan Smith. Vinny Lingham is a serial entrepreneur who appeared on Shark Tank South Africa in 2016, and has co-founded several prominent firms, including a South Africa-based investment fund known as Newtown Partners and Gyft — a Google ventures-backed digital card platform. Lingham is Civic’s CEO. Jonathan Smith is the current CTO of the platform and has more than 15 years of experience in the banking industry. Prior to his role at Civic, Smith held various managerial roles at prominent firms, including Deloitte MCS Limited and HSH Nordbank, and was the global head of Platforms at Genpact Headstrong Capital Markets. In addition to the founders, the Civic team includes a host of highly successful individuals, including COO Chris Hart, who has two decades of experience in senior finance, and previously held the role of CFO at Guidebook and Nextag. The official Civic LinkedIn page currently lists 38 employees, many of which are based in the San Francisco Bay Area. What Makes Civic Unique?Civic is built to make it easy for users to verify their identity with service providers, while still retaining full control over their personal information. It allows businesses to onboard users faster using its AI-powered verification system, which when combined with human review helps businesses cut down on fraud and stay compliant with AML regulations and OFAC rules. As of December 2020, Civic has two main products: the Civic wallet and Health Key. The Civic wallet is a mobile cryptocurrency wallet that can be used to store a handful of popular cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and USD Coin (USDC). The app doubles as a digital identity management solution, and benefits from a $1 million Bitcoin insurance plan provided by Coincover. Health Key is Civic’s newest product. This is an app that allows employers to securely verify the health status of employees, to ensure they are healthy enough to return to the workplace after an infection with COVID19 — such as if they test positive for antibodies or have been vaccinated. This is achieved without compromising the privacy of the employee. Related Pages:Check out Renme (REM) — an ecosystem of identity management products. Take a look at ShareRing (SHR) — a decentralized sharing economy with a self-sovereign identity module. Learn more about digital identity with CoinMarketCap Alexandria. Stay on top of the market with the latest news, updates, and insights with the CoinMarketCap blog. How Many Civic (CVC) Coins Are There in Circulation?As of late December 2020, there are exactly 670 million CVC tokens in circulation, representing 67% of the maximum 1 billion CVC total supply. The current circulating supply can be found in the right data panel. As per the Civic token sale website, a total of 1 billion CVC were minted, of which 33% were sold in the token sale; 33% is retained by Civic; 33% is allocated for incentives and rewards; and the remaining 1% was used to cover token sale costs. As of December 2020, the 330 million tokens allocated to Civic remains untouched. It is currently being held in a multi-signature Ethereum wallet, which can be tracked here. How Is the Civic Network Secured?As an ERC-20 token, CVC is backed by the Ethereum blockchain — which is widely regarded to be of the most decentralized and secure proof-of-work (POW) networks in current usage. Over time, Ethereum will gradually transition to proof-of-stake (POS) with the roll-out of Ethereum 2.0. Once complete, the CVC token and associated transactions will be secured by a network of validator nodes. Digital identities secured through the Civic app are protected by the user’s own device, which customers use to control access to their data. Where Can You Buy Civic (CVC)?The CVC token is highly liquid and can be traded on dozens of exchange platforms, including Binance, Coinbase Pro and Huobi Global. It is most commonly traded against Tether (USDT), the Korean won (KRW) and Bitcoin (BTC). For a full list of exchanges, check the market pairs section. To learn more about purchasing cryptocurrencies like CVC with fiat, check out our comprehensive guide. reference
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| 6185. |
CRO meaning in Cryptocurrency ? |
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Answer» What Is Crypto.com Coin [CRO]? Crypto.com Coin (CRO) is the native cryptocurrency token of Crypto.com Chain — a decentralized, open-source blockchain developed by the Crypto.com payment, trading and financial services company. Crypto.com Chain is one of the products in Crypto.com’s lineup of solutions designed to accelerate the global adoption of cryptocurrencies as a means of increasing personal control over money, safeguarding user data and protecting users’ identities. The CRO blockchain serves primarily as a vehicle that powers the Crypto.com Pay mobile payments app. In the future, Crypto.com plans to expand the reach of the CRO platform to power its other products as well. CRO went live in November-December 2018. Who Are the Founders of Crypto.com Coin?Crypto.com Coin was launched by the Crypto.com company as part of its vision of “putting cryptocurrency in every wallet.” Crypto.com itself was founded in June 2016 as “Monaco Technologies GmbH” by Kris Marszalek, Rafael Melo, Gary Or and Bobby Bao. Kris Marszalek, an alum of the Polish Adam Mickiewicz University, has founded and headed three companies prior to starting Crypto.com: consumer electronics design and manufacturing business Starline Polska, location-based service mobile app and platform YIYI and the e-commerce firm BEECRAZY. Rafael Melo earned his bachelor’s degree in engineering from the PUC-Rio. Over his more than 15-year-long career in finance, Melo has worked with major companies in Asia and helped secure over 50 million AUD in funding for the Ensogo social commerce website. Gary Or is a software engineer with over nine years of fullstack engineering experience. Prior to co-founding Crypto.com, Or worked as platform architect at Ensogo and co-founded the mobile app development firm Foris. He received his bachelor’s degree in engineering, computer science from the University of Hong Kong. Before helping launch Crypto.com, Bobby Bao worked in the M&A department of the China Renaissance investment bank. Bao has studied at the University of Melbourne, NYU Stern School of Business and the College of William & Mary. What Makes Crypto.com Coin Unique?CRO blockchain is mainly focused on providing utility to the users of Crypto.com’s payment, trading and financial services solutions. CRO owners can stake their coins on the Crypto.com Chain to act as a validator and earn fees for processing transactions on the network. Additionally, CRO coins can be used to settle transaction fees on the Crypto.com Chain. Within the framework of the Crypto.com Pay payments app, users can get cashback of up to 20% by paying merchants in CRO and up to 10% by purchasing gift cards and making peer-to-peer transfers to other users. When it comes to trading use cases, the Crypto.com App allows users to earn token rewards for select listings by staking CRO. Additionally, users can earn annual interest of up to 10-12% on their Crypto.com Coins by staking them on either the Crypto.com Exchange app or Crypto.com’s metal Visa Card. Overall, CRO acts as an instrument that powers Crypto.com’s drive to increase the adoption of cryptocurrencies on a global scale. As such, the company is continuously working on finding and developing new use cases that will allow users to leverage the cryptocurrency to enhance the control they have over their money, data and identities. Related Pages:Learn about BNB and HT, two other popular tokens designed to power and incentivize the use of their parent platforms. Check out CMC Alexandria, CoinMarketCap’s educational portal. How Many Crypto.com Coin [CRO] Coins Are There in Circulation?The total supply of CRO is limited to 30 billion coins (following 70 billion CRO burned in 2021), all of which were created when the blockchain went live — making it a non-mineable cryptocurrency. The total supply of CRO will be allocated for five different purposes: 30% — Secondary distribution and launch incentives - released in batches on a daily basis over five years from November 14, 2018;20% — Capital reserve - frozen until Nov, 7, 2022;20% — Network Long-Term Incentives - frozen until Nov. 7, 2022;20% — Ecosystem grants - frozen until the launch of Crypto.com Chain Mainnet;10% — Community development.How Is the Crypto.com Coin Network Secured?CRO is built on top of Ethereum’s (ETH) blockchain according to the ERC-20 compatibility standard, which means that its network is secured by the Ethash function. Where Can You Buy Crypto.com Coin [CRO]?CRO coins are available at multiple cryptocurrency exchanges, some of which are: BittrexOKExHuobi Global reference
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| 6186. |
CRE meaning in Cryptocurrency ? |
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Answer» INFO: Full form for CRE is Carry in Cryptocurrency category
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| 6187. |
CRE meaning in Cryptocurrency ? |
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Answer» INFO: Full form for CRE is Creator Protocol in Cryptocurrency category
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| 6188. |
ATCC meaning in Cryptocurrency ? |
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Answer» ATC Coin (ATCC) is a cryptocurrency and operates on the Ethereum platform. ATC Coin has a current supply of 410,000,000 with 409,953,792.28571516 in circulation. The last known price of ATC Coin is 0.00046598 USD and is down -0.70 over the last 24 hours. It is currently trading on 1 active market(s) with $4.97 traded over the last 24 hours. More information can be found at http://www.atccoin.com/. reference
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| 6189. |
ASV meaning in Cryptocurrency ? |
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Answer» INFO: Full form for ASV is Astro Verse in Cryptocurrency category
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| 6190. |
SSN meaning in Cryptocurrency ? |
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Answer» INFO: Full form for SSN is SuperSkynet in Cryptocurrency category
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| 6191. |
SSN meaning in Cryptocurrency ? |
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Answer» INFO: Full form for SSN is Supersonic Finance in Cryptocurrency category
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| 6192. |
ATM meaning in Cryptocurrency ? |
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Answer» To find out even more about this project, check out our deep dive of Atletico De Madrid Fan Token. What are Fan tokens?Tokens are generally assets that can represent proof of ownership or even membership. As tokens are already being used for a wide range of purposes, many specialized blockchains have been developed with native intent to support tokens, the most common of which is currently Ethereum and their ERC standard tokens. Socios.com is an app for football (soccer) fans, where users acquire voting rights to influence the clubs they support by acquiring club-specific Fan tokens. How do Fan tokens work?Chiliz ($CHZ) is an ERC20 utility token on the Ethereum blockchain that serves as the digital currency for the chiliZ and Socios.com platform. In launching their platform, alongside other sports blockchain ventures, a new category of token has emerged — the Fan Token. Once onboard the Socios.com platform, yet to-be-announced club partners host what has been called a Fan Token Offering (FTO). Fans must purchase $CHZ via a cryptocurrency exchange in order to acquire Fan Tokens. These tokens — which are specific to a team or club — are a finite, digital asset that provide access to an encrypted ledger of voting and membership rights ownership. About Atletico MadridFormed in 1903 and taking its more iconic shape in 1947 – the year the club first became known as Atletico de Madrid – the club are owners of no less than 10 La Liga titles and 10 Copa del Rey titles in their native Spain. Internationally Atletico has made themselves heard via 3 UEFA Europa League titles and 3 EUFA Super Cups as well. A Spanish powerhouse, the club is known to never shy away from pushing the status quo when it comes to the game of football. reference
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| 6193. |
ASTA meaning in Cryptocurrency ? |
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Answer» INFO: Full form for ASTA is ASTA in Cryptocurrency category
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| 6194. |
SYNC meaning in Cryptocurrency ? |
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Answer» What is the SYNC Network (SYNC)? The SYNC Network is a Layer 2 platform that creates cryptocurrency bonds that earn interest via Non-Fungible Tokens (NFTs). The network uses ‘CryptoBonds,’ a new sort of financial primitive, to create digital interest earning assets with a twist — receiving principal amounts plus earned interest in a fully trade-able NFT that can be sold on secondary markets like OpenSea and Rarible any time. The goal of the SYNC Network is to bring stability and risk mitigation to DeFi by providing long-term staking, or ‘CryptoBonds’, to Automated Market Makers (AMMs) like Uniswap. What are CryptoBonds?A CryptoBond is a fully tradeable ERC-721 NFT token that locks in liquidity on Uniswap. The SYNC platform mints two tokens: an ERC-20 awards token for Uniswap Liquidity Providers; and an ERC-721 NFT that bonds Uniswap liquidity pairs to SYNC tokens for a specified amount of time (ranging from 90 days to 3 years) that earns interest. When the CryptoBond matures, the holder receives back the original investment plus interest. The CryptoBonds are made by bonding liquidity pair tokens with the corresponding dollar value of SYNC tokens at the current mining reward rate. Called ‘bonds’ because they are made by ‘bonding’ tokens representing the creators share of a liquidity pool (e.g., Uniswap ‘liquidity-tokens’) with an equally valued amount of SYNC tokens, until a specific period of time has lapsed (i.e., a CryptoBond reaches maturity). Some other unique features of CryptoBonds are individualized liquidity mining rewards that are readjusted daily based on liquidity pool supply and demand, and rare one-of-a-kind artwork that is created when the bonds are minted. How many tokens in circulation?While the total supply of SYNC is undefined, total supply can be seen any time by visiting https://tokenomics.syncbond.com/total_supply. The total maximum supply of SYNC tokens is theoretically uncapped due to the inflationary and deflationary effects derived from market forces, i.e., when a bond is created, an equal value of tokens are burned from the total supply. Who Are the Founders of SYNC Network?The SYNC Network was developed by a core group of agile developers, but the platform is community-governed and a fully decentralized DeFi ecosystem. The SYNC Network is governed by token holders who put forth proposals for a community vote, with CryptoBond holders having the most power (the more CryptoBonds you hold, the more voting power you have). However, any SYNC token holder can create a governance proposal to be voted on by the community. Where Can I Buy SYNC Network (SYNC)?The SYNC Network was originally developed to be used on Uniswap, and can be found here. However, the team is exploring other integrations for the future on other AMMs and DEXes. reference
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| 6195. |
SVR meaning in Cryptocurrency ? |
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Answer» INFO: Full form for SVR is SovranoCoin in Cryptocurrency category
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| 6196. |
NIA meaning in Cryptocurrency ? |
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Answer» Nydronia is a cryptocurrency token built with ethereum blockchain backed by products that will be created by the union of the founders with companies, producers and industries whose unit will have as application the application of blockchain networks and robotization, optimizing from the smallest to the most complex of the entity. Obtaining as a result lower cost and higher quality products. To then be sold to merchants in any type of cryptocurrency, but highlighting the discount for the purchase of products with our token, thus obtaining indirect beneficiary support for producers, entrepreneurs, merchants and the general public. reference
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| 6197. |
SPEC meaning in Cryptocurrency ? |
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Answer» INFO: Full form for SPEC is Spectrum Token in Cryptocurrency category
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| 6198. |
CPC meaning in Cryptocurrency ? |
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Answer» INFO: Full form for CPC is CryptoPlants Club in Cryptocurrency category
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| 6199. |
CPC meaning in Cryptocurrency ? |
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Answer» INFO: Full form for CPC is CPChain in Cryptocurrency category
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| 6200. |
Spark meaning in Cryptocurrency ? |
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Answer» INFO: Full form for Spark is SparkLab in Cryptocurrency category
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