Explore topic-wise fullforms in Cryptocurrency

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.

7251.

SNB meaning in Cryptocurrency ?

Answer»

SynchroBit™ claims to be the world's first P2P Hybrid Digital Assets Trading Platform. SynchroBitcoin (SNB) is the native monetary system of the platform by which users can enjoy zero trading fee and discounts on paying fees on trading other assets. SNB is the fuel of SynchroSphere™, the ecosystem developed by SYNCHRONIUM®. reference

7254.

SKL meaning in Cryptocurrency ?

Answer» What Is SKALE Network (SKL)?

SKALE is described as an elastic network that’s designed to bring scalability to Ethereum. As well as boosting transaction capacity, the decentralized project aims to reduce latency and ensure that payments can be made as cheaply as possible.

The project’s website says it wants to enable people to build and run DApps in a “decentralized modular cloud built for real-world needs and configured for your requirements.” This emphasis on decentralization isn’t at the expense of security.

According to SKALE, those who build on this platform can run Solidity smart contracts “thousands of times faster at a fraction of the mainnet cost” — with games and content streaming services among the projects that already take advantage of its infrastructure.

Who Are the Founders of SKALE Network?

SKALE Network was founded by Jack O’Holleran and Stan Kladko, both of whom have vast experience across the software industry.

O’Holleran — the co-founder and chief executive of SKALE — is a technology entrepreneur who specializes in blockchain and decentralized systems. He continues to hold a strategic advisor role at Aktana, the life sciences company he co-founded in 2008.

According to his LinkedIn profile, O’Holleran began the early stages of his career as an account executive at Good Technology. He spent two years there before joining Motorola’s business development and product strategy division.

Kladko spent many years obtaining a PhD in physics prior to co-founding SKALE, and worked for 16 years as a technology executive in San Francisco’s Silicon Valley.

He has co-founded several other companies, including Galactic Exchange and Cloudessa.

What Makes SKALE Network Unique?

SKALE Network is geared towards improving both security and decentralization of Ethereum-based apps.

Token holders on the SKALE Network are incentivized and earn rewards by helping to improve the scalability and security of the platform by serving as validators.

The SKALE Network was the first project to launch a token on ConsenSys Codefi’s Activate platform — which is “designed to launch decentralized networks and allow customers to purchase, manage and use their tokens — all in one application.” Activate was designed to create new standards for the distribution of utility tokens, and ensure that networks are fully usable as soon as tokens are sold. It’s hoped that this approach will help clean up the appearance of the initial coin offering sector, which has been susceptible to scams in recent years.

By launching a token that meets regulatory standards, SKALE is intending its token to be widely adopted and avoid any fraudulent activity.

Ethereum is typically slow to verify and authorize transactions. Using SKALE Network greatly improves the speed at which Ethereum verifies transactions as SKALE can operate much faster and run up to a maximum of 2,000 transactions per second per chain, according to the team.

Related Pages:

Find out more about Polkadot.

Check out our deep dive into decentralized finance.

Learn about cryptocurrencies with CoinMarketCap Alexandria.

Subscribe to the CoinMarketCap newsletter.

How Many SKALE (SKL) Coins Are There in Circulation?

The total supply of SKL tokens at the launch of the SKALE Network was 4.1 billion. When it comes to the maximum supply, this figure is fixed at 7 billion tokens.

According to a white paper released by the SKALE Network in July 2020, one third (33%) was allocated to validator rewards, 28.1% was earmarked for delegators, 16% was allocated to the broader founding team, 10% to the SKALE Foundation, 7.7% to the protocol development fund, 4% to the core team pool and 1.3% to the ecosystem fund.

How Is the SKALE Network Secured?

Validators in the SKALE Network secure the network by proposing blocks. Once the validators come to a consensus on a finalized block, the blocks are committed to the chain.

The SKALE Network uses proof-of-stake (PoS) to ensure the network is secured.

Where Can You Buy SKALE Network (SKL)?

There are several exchanges where one can buy SKL tokens. The first ones to list SKL include Huobi, Binance and Uniswap. Read more about how to convert fiat currencies to crypto here.

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7255.

PEG meaning in Cryptocurrency ?

Answer»

INFO: Full form for PEG is PegNet in Cryptocurrency category
PEG also has other full forms in other categories mentioned below.

Full Form Category
Participation Education Group Academic & Science
Price/earnings Ratio To Growth Accounts and Finance
Perugia Airport Code
Pinnacle Entertainment Group Business
Petards Business
Public Service Enterprise Group Business
Perform, Excel, and Grow Business
Professional Engagement Group Business
Professional Experts Group Business
Poly(ethyleneglycol) Chemistry
Public, Education, and Government Access cable channel Community
Public Education Grant Community
Public Educational and Governmental Community
Professional Emphasis Group Community
Paper Exchange Group Community
Personally Experiencing God Community
Perform, Excel, Grow Community
Public Educational Governmental Community
Preschool Expansion Grant Community
Pan European Group Computing
Protocol Expert Group Computing
Phase Encode Grouping Computing
Personal Electronic Organiser Computing
Portable Embedded Gui Computing
Python Extensions for the Grid Computing
PegNet Cryptocurrency
Price Earnings to Growth General
PCI Express Graphics General
Peggy General
Professional Emergency Geese General
Percutaneous Endoscopic Gastrostromy General
Partner Engage Grow General
Parsing Expression Grammar General
Price to Earnings Growth General
Popular Equipment Group General
Preferred Equipment Group General
Porsche Engineering Group General
Perkins Engine Group General
Producer Entertainment Group General
Political Economic, and Government Governmental
Public Education and Government Governmental
Promoting Electronic Government Governmental
Personal Energy Generator Governmental
Programa Económico del Gobierno International
Progress E-Mail Group Internet
Percutaneous Exterior Gastrostomy Medical
Percutaneous Endoscopic Gastrostomy Medical
Percutaneous Endoscopic Gastroenterostomy Medical
PneumoEncephaloGram Medical
Progression Elevated Gene Medical
Percutaneous Endoscopic Gastrotomy Medical
Pretty Excellent Guy Messaging
Program Evaluation Group Military and Defence
Powered Explicit Guidance Space Science
Pursuit Evasion Game Sports
Price Earnings Growth Stock Exchange
7256.

PLX meaning in Cryptocurrency ?

Answer»

Octaplex is creating a Network functioning across the borders of blockchains. We are acquiring partnerships with other projects to enable a safe and beneficial ecosystem for everyone participating. The network is backed by bringing novel ideas into the popular frictionless yield concept, taking it to the next level. By creating an expandable and customisable reward system, we incentivise the holding of our token. Through our dApp, holders have access to an expanding list of reward options that they can select simultaneously and customise to suit their portfolio. They receive random airdrops, lottery multipliers on purchases and will reap the benefits of our price stabilising mechanics as the Octaplex Network expands.

Through cooperation within the network, we create exposure to a variety of projects and businesses, driving the multi-token reward system that Octaplex holders receive by simply holding $PLX tokens in their wallets The Future of Octaplex Network will be a multichain one, through the development of our bridges, creating an interoperable and safe ecosystem connecting high quality projects into a network of mutual support and growth. Our partners will be connected through a single online hub which enables everyone to share, communicate and assist each other in the process of growth. We are oriented at mutual co-operation instead of the past competition driven mindset throughout the markets. We wish to enable all our partners to be able to share their resources, assistance and information to give birth to new ideas and make our paths of development friendlier and more efficient.

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7260.

MFO meaning in Cryptocurrency ?

Answer»

INFO: Full form for MFO is Moonfarm Finance in Cryptocurrency category
MFO also has other full forms in other categories mentioned below.

7261.

MFG meaning in Cryptocurrency ?

Answer»

Smart MFG (MFG) is an ERC20 cryptocurrency token issued by Smart MFG Tech for use in supply chain and manufacturing smart contracts. MFG can be used to incentivize RFQs, secure and pay for smart contract POs (Purchase Orders) along with supply chain tokenization on the manufacturing blockchain.

Smart MFG claims to be 'the pioneer and creator of the smart manufacturing blockchain process architecture protocol' (patent pending). SyncFab is also a digital manufacturing platform that enables hardware supply chain buyers to transact POs (purchase orders) and source RFQs (requests for quotes) directly from a network of manufacturers (launched in 2013).

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7262.

LOX meaning in Cryptocurrency ?

Answer»

Lox Network is the world's first blockchain mobile security network and brings a revolutionary proof-of-ownership use case to NFTs. The network, powered by the decentralized XRP Ledger for its speed, reliability, and cost-effectiveness.

Lox Network uses a three-token ecosystem consisting of LOX, SmartLOX, and SmartNFT, all relying on each other to prove you own a specific mobile phone in case it's lost, stolen, or you need to show a buyer proof of ownership before selling it. SmartNFT is an NFT representation of the user and records this data to the XRP ledger. SmartLOX is an NFT representation of a mobile device that includes the make, model, and the IMEI, also recording this data to the XRP ledger.

LOX is the front-end system powering the Lox Network mobile app. Lox Network bridges these two unique NFTs by pairing them together to demonstrate the owner of the two unique NFTs is the rightful owner of the device using irrefutable, publicly verified evidence pulled from the decentralized XRP ledger.

Lox Network can be used by anyone from a school student needing the phone to stay in touch with teachers and fellow students to large corporate logistics departments needing to audit and validate their mobile phone inventories. The Lox Network API can also integrate with cell service providers, insurance companies, and manufacturers alike.

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7263.

LIQ meaning in Cryptocurrency ?

Answer»

INFO: Full form for LIQ is Liquidus in Cryptocurrency category
LIQ also has other full forms in other categories mentioned below.

7264.

LIQ meaning in Cryptocurrency ?

Answer»

INFO: Full form for LIQ is LIQ Protocol in Cryptocurrency category
LIQ also has other full forms in other categories mentioned below.

7266.

TFF meaning in Cryptocurrency ?

Answer»

INFO: Full form for TFF is Tutti Frutti in Cryptocurrency category
TFF also has other full forms in other categories mentioned below.

Full Form Category
Tetrafloroethylenflorua Academic & Science
Tefe Airport Code
Trade Facilitation Facility Banking
Technology Flavors & Fragrance, Inc. Business
Treasury Forfeiture Fund Business
Traders in Financial Futures Business
The Firm Foundation Business
The Frag Factory Business
True Financial Freedom Business
Total Fuel Flow Chemistry
Tangential Flow Filtration Chemistry
Tropical Forest Foundation Community
The Trinity Forum Community
Tears For Fears Community
The Fomunyoh Foundation Community
Texas Finance Festival Community
Telluride Film Festival Community
Tacoma Film Festival Community
Torino Film Festival Community
Travelling Film Festival Community
Tribeca Film Festival Community
The Fanfiction Forum Community
Tropical Forest Foundation's Community
T Flip-flop Computer Hardware
Tagged File Format Computing
Tile File Format Computing
Tutti Frutti Cryptocurrency
Temporary Food Facilities General
Total Flow Filtration General
Thought For Food General
Time to First Fixation General
Texas Furry Fiesta General
Trans Fat Free General
Top Field First General
Technical Fabrication Form General
Together For Friendship General
Trivia Fun Forum General
Türkiye Futbol Federasyonu General
Temporary Food Facility General
The Ford Foundation General
Teague Freyaldenhoven Freyaldenhoven General
Tight Firm and Fill General
Trefoil Factor Family General
Transnational Foundation for Peace and Future Research Governmental
Twitter Follower Friend Internet
Tears For Fear Internet
Task Force on Funding Internet
The Friendly Few Messaging
The Firearms Forum Messaging
Task Force Fox Military and Defence
Tefe, AM, Brazil Regional
Time To Free Fall Space Science
Temple Fly Fork Sports
Texas Fishing Forum Sports
Tennis For Free Sports
Turkish Football Federation Sports
Telegraph Fantasy Football Sports
Tanzania Football Federation Sports
7267.

AHF meaning in Cryptocurrency ?

Answer»

INFO: Full form for AHF is AmericanHorror.Finance in Cryptocurrency category
AHF also has other full forms in other categories mentioned below.

7268.

TKN meaning in Cryptocurrency ?

Answer»

TokoNFT is NFT Marketplace on the BSC Network. TokoNFT provides features such as Staking, Metaverse NFT Gallery and NFT Launchpad.

TokoNFT also presents a token that will facilitate all kinds of transactions, governance and staking rewards for users of TokoNFT. TokoNFT supports the Blockchain ecosystem of various projects and invites the creators to launch their NFT Project through the NFT Launchpad program.

Currently TokoNFT are using Binance Smart Chain Mainnet and in the future we will also supporting multi chain NFTs Transactions for Ethereum, Polygon and Solana

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7270.

FLA meaning in Cryptocurrency ?

Answer»

INFO: Full form for FLA is Fiola in Cryptocurrency category
FLA also has other full forms in other categories mentioned below.

Full Form Category
Flame Academic & Science
Flash Flood (watch) Alert Academic & Science
Freshman Learning Academy Academic & Science
Foothills Library Association Academic & Science
Florida Library Association Academic & Science
Florida Leadership Academy Academic & Science
Foreign Language Assistant Academic & Science
Flooded Lead Acid Academic & Science
Felag Loggiltra Endurskooenda (iceland) Accounts and Finance
Florencia Airport Code
Finance and Leasing Association Banking
Florida East Coast Industries Business
Finance Leasing Association Business
Freshman Learning Academies Community
Fair Labor Association Community
Financial Leadership Association Community
Forest Legality Alliance Community
Full Load Amperes Computer Hardware
Flexible Local Architecture Computing
Flash File Computing
Fiola Cryptocurrency
Fully Loaded Amperes Electronics
Forschungsprojekt Langzeit Auto General
Front Lock Angle General
Front Light Assist General
Five Letter Acronym General
Florida Limousine Association General
Fair Lending Act General
Focal Laser Ablation General
Future Leaders of America General
Fiduciary License Agreement General
Fiduciary Licensing Agreement General
F in Lower Alabama General
Facility Linkage Application General
Free Loving Anarchists General
Foreign Liabilities and Assets General
Front Line Assembly General
Front Lift Adapter General
Fiat Lancia Alfa Romeo General
Flavor General
Four Letter Acronym General
Flower Logic Array General
Frequently Lacked Answers General
Fin Load Alleviation General
Fast Lightweight Autonomy General
Full Line All General
Flex Layout Attribute General
Foothills Lab Anthes General
Funny Little Animals General
Ford Licensed Accessories General
Floor Mats All-Weather General
Full Load Amps General
Florida Lawyers Assistance Governmental
Forward Logistic Area Governmental
Frente de Liberación Arabe International
Frente Liberación Andaluza International
Full Load Amperage Measurement Unit
Flake Medical
Fujitsu Laboratories of America Medical
Flight Article Military and Defence
Front Line Ambulance Military and Defence
Florencia, Colombia Regional
Fort Lauderdale Regional
Future Large Aircraft Space Science
Form of Living Alien Space Science
Florida Marlins Sports
7271.

PNK meaning in Cryptocurrency ?

Answer»

INFO: Full form for PNK is Kleros in Cryptocurrency category
PNK also has other full forms in other categories mentioned below.

7273.

PWR meaning in Cryptocurrency ?

Answer»

PWR Coin (PWR) is a cryptocurrency . Users are able to generate PWR through the process of mining. PWR Coin has a current supply of 9,955,369,730.0002 with 9,664,500,811.20344 in circulation. The last known price of PWR Coin is 0.00025144 USD and is down -0.79 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://pwr-coin.com/. reference

Full Form Category
Program in Writing and Rhetoric Academic & Science
Power Wirewound Resistor Academic & Science
Port Walter (ak) Airport Code
Powerlan Ltd Business
Quanta Services, Inc. Business
Paul Weel Racing Business
Portable Wireless Router Computing
PWR Coin Cryptocurrency
CrazyMiner Cryptocurrency
Pressurized water reactors General
Parkinson Wellness Recovery General
Performance Weighting and Responsiveness General
Paul Walker Run General
Performance Weight and Responsiveness General
Powering Worldclass Results General
Prayer Worship and Relaxation General
Program for Writing and Rhetoric General
Partially Weathered Rock General
Party World Rasslin General
Personalized Web Response General
Plasmon Waveguide Resonance General
Participatory Wealth Ranking General
Pacific Western Region General
Professional Writing and Rhetoric General
Prevailing Wage Rate General
Professional Weight Reduction General
Power Wagon Registry General
Porsche World Roadshow General
Performance Weighted Rank General
Pressure Water Reactor General
Pressurised Water Reactor General
Paul Wheel Radiators General
Postsecondary and Workforce Readiness Governmental
PILWAL ROAD Indian Railway Station
Pharmacy Wholesalers Russells Medical
Prevention Wellness And Rehabilitation Medical
Pre-positioned Wartime Reserves Military and Defence
Pressurized Water Reactor Military and Defence
Power Space Science
Pro Wrestling Rewind Sports
Pro Wrestling Report Sports
Philippine Wrestling Revolution Sports
Pac West Racing Sports
Port Walter Airport Transport & Travel
Pilwai Road Transport & Travel
7274.

PWR meaning in Cryptocurrency ?

Answer»

INFO: Full form for PWR is CrazyMiner in Cryptocurrency category
PWR also has other full forms in other categories mentioned below.

Full Form Category
Program in Writing and Rhetoric Academic & Science
Power Wirewound Resistor Academic & Science
Port Walter (ak) Airport Code
Powerlan Ltd Business
Quanta Services, Inc. Business
Paul Weel Racing Business
Portable Wireless Router Computing
PWR Coin Cryptocurrency
CrazyMiner Cryptocurrency
Pressurized water reactors General
Parkinson Wellness Recovery General
Performance Weighting and Responsiveness General
Paul Walker Run General
Performance Weight and Responsiveness General
Powering Worldclass Results General
Prayer Worship and Relaxation General
Program for Writing and Rhetoric General
Partially Weathered Rock General
Party World Rasslin General
Personalized Web Response General
Plasmon Waveguide Resonance General
Participatory Wealth Ranking General
Pacific Western Region General
Professional Writing and Rhetoric General
Prevailing Wage Rate General
Professional Weight Reduction General
Power Wagon Registry General
Porsche World Roadshow General
Performance Weighted Rank General
Pressure Water Reactor General
Pressurised Water Reactor General
Paul Wheel Radiators General
Postsecondary and Workforce Readiness Governmental
PILWAL ROAD Indian Railway Station
Pharmacy Wholesalers Russells Medical
Prevention Wellness And Rehabilitation Medical
Pre-positioned Wartime Reserves Military and Defence
Pressurized Water Reactor Military and Defence
Power Space Science
Pro Wrestling Rewind Sports
Pro Wrestling Report Sports
Philippine Wrestling Revolution Sports
Pac West Racing Sports
Port Walter Airport Transport & Travel
Pilwai Road Transport & Travel
7276.

PYX meaning in Cryptocurrency ?

Answer»

INFO: Full form for PYX is PYXIS Network in Cryptocurrency category
PYX also has other full forms in other categories mentioned below.

7277.

PUX meaning in Cryptocurrency ?

Answer»

INFO: Full form for PUX is PolypuX in Cryptocurrency category
PUX also has other full forms in other categories mentioned below.

7281.

PFR meaning in Cryptocurrency ?

Answer»

INFO: Full form for PFR is Payfair in Cryptocurrency category
PFR also has other full forms in other categories mentioned below.

Full Form Category
Parallax Financial Research Academic & Science
Pray For Rain Academic & Science
Ilebo Airport Code
Periodic Financing Request Banking
Part Feasibility Report Business
Preliminary Feasibility Report Business
Public Finance Resources Business
Personal Financial Rep Business
Public Finance Review Business
Professional and Financial Regulation Business
Personal Financial Representative Business
Parallax Financial Research, Inc. Business
Pacific Financial Research Business
Advantaged Preferred Share Trust Business
PRIVACY Forum Radio Community
Presbyterians For Renewal Community
Professional Fund Raising Community
Process Flow Representation Computing
Portable Font Resource Computing
Payfair Cryptocurrency
Plug-flow Reactor Electronics
Precision Farming Rake General
Poo Frog Ranch General
Putative Father Registry General
Position Of First Residue General
Platform Firmware Resiliency General
Patello Femoral Replacement General
Pelvic Floor Repair General
Partnerships For Renewables General
Prepared from Recipe General
Practical Farm Research General
Public Finances Report General
Partners for Recovery General
Precise and Flat Reflection General
Pre Flop Raising General
Pet Friendly Rentals General
Partito Fascista Repubblicano General
Plug Flow Reactors General
Permanent Fleet Registration General
Puncta Forming Region General
Personal Fun Record General
Petition for Review General
Promoting First Relationships General
Protein Fractionation Robot General
Prevention and Family Recovery General
Phoebe Freeport Republic General
Providence Fire Restoration General
Pay From Receipt General
Pre-Flop Raise General
Planning For Results Governmental
Planning For Real Governmental
Paying For Road Governmental
Police Federation Regulations 1969 Governmental
PACHOR ROAD Indian Railway Station
Professional Fund Raiser Jobs
Psychiatric First Responders Medical
Peak Filling Rate Medical
Portable Foot Restraint Space Science
Pension Fund Racing Sports
Pro Football Reference Sports
Pro Fishin Report Sports
7282.

SYF meaning in Cryptocurrency ?

Answer»

Syfin (SYF) is a new reflection token on the Fantom blockchain. By hodling over 200,000 SYF you will earn the Spookyswap.finance BOO token. Syfin automatically buys our fellow AMM token BOO and rewards its hodlers!

Syfin.art can be used to Mint, Buy, Sell, Gift, Like, and Discover very rare digital assets!

reference
7283.

SYA meaning in Cryptocurrency ?

Answer» What is SYA x Flooz ($SYA)

$SYA is the underlying currency behind the Flooz ecosystem. The Flooz eco-system consists of Flooz.Trade, a decentralized exchange that enables you to trade any token (Flooz.Trade also enables FIAT payments on every BSC token, plus a referral system which pays you for every trade you send to Flooz!) and Flooz.Link, our proprietary creator app that enables creators to issue their own social tokens & NFTs.

The protocol automatically applies a 10% tax to each transaction that is distributed gasless as follows:

- 2% Instant Boost (automatically made available to tokenholders) - 2% Community Boost (made available to token holders once community goals have been achieved) - 1% Charity - 2% Burn - 2% Liquidity Pool - 1% Marketing WalletWhat is the total supply of $SYA?

$SYA Protocol launched on Binance Smart Chain on May 09, 2021. Our current circulating supply can be found using the SYA Radar: https://radar.sya.today/

Who Are the Founders of SYA Protocol?

SYA was founded by Lamine Cheloufi and other humans. The team behind $SYA have worked together since 2014 and were the leading designers, product managers, and engineers for start-ups which became multi-billion dollar companies such as N26 Bank and Cookies (a peer-to-peer payment system, that later became part of Klarna).

Lamine, the Founder of $SYA was also involved in Hong Kong's FinTech ecosystem and ended up supporting the team at WeLab (funded by Sequoia from Alibaba) to build and brand their product.

Following extensive success in the banking sector, Lamine has decided to apply his product, brand, and marketing experience to the crypto space, founding SYA, Flooz.Trade and Flooz.Link, the future engine behind the creator economy.

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7285.

SNX meaning in Cryptocurrency ?

Answer» What Is Synthetix (SNX)?

Synthetix is a decentralized finance (DeFi) protocol that provides on-chain exposure to a wide variety of crypto and non-crypto assets. The protocol is based on the Ethereum (ETH) blockchain and offers users access to highly liquid synthetic assets (synths). Synths track and provide returns on the underlying asset without requiring one to directly hold the asset.

The platform aims to broaden the cryptocurrency space by introducing non-blockchain assets, providing access to a more robust financial market.

Who Are the Founders of Synthetix?

The network was launched in September 2017 by Kain Warwick under the name Havven (HAV). About a year later the company rebranded to Synthetix.

Kain Warwick is the founder of Synthetix and a non-executive director at the blueshyft retail network. Prior to founding Synthetix, Warwick has worked on several other cryptocurrency projects. He also founded Pouncer, a live auction site exclusive to Australia.

Peter McKean, the project’s CEO, has over two decades of experience in software development. He previously worked as a programmer at ICL Fujitsu.

Jordan Momtazi, the COO of Synthetix, is a business strategist, market analyst and sales leader with several years of experience in blockchain, cryptocurrency, digital payments and e-commerce systems.

Justin J. Moses, the CTO, was the former director of engineering at MongoDB and deputy practice head of engineering at Lab49. He also co-founded Pouncer.

What Makes Synthetix Unique?

Synthetix is a decentralized exchange (DEX) and a platform for synthetic assets. The protocol is designed in a way that exposes users to the underlying assets via synths, without having to hold the underlying asset.

The platform allows users to autonomously trade and exchange synths. It also has a staking pool where holders can stake their SNX tokens and are rewarded with a share of the transaction fees on the Synthetix Exchange.

The platform tracks the underlying assets using smart contract price delivery protocols called oracles. Synthetix allows users to trade synths seamlessly, without liquidity/slippage issues. It also eliminates the need for third-party facilitators.

SNX tokens are used as collateral for the synthetic assets that are minted. This means that whenever synths are issued, SNX tokens are locked up in a smart contract.

Since launch, the protocol has transitioned to the Optimistic Ethereum mainnet to help reduce the gas fees on the network and lower oracle latency.

How Many Synthetix (SNX) Coins Are There in Circulation?

The maximum supply of SNX is 212,424,133 coins, of which 114,841,533 SNX is in circulation as of February 2021.

At the seed round and token sale stages, Synthetix sold more than 60 million tokens and was able to raise $30 million. Of the total 100,000,000 coins issued during the ICO, 20% was allocated to the team and advisors, 3% to bounties and marketing incentives, 5% to partnership incentives and 12% to the foundation.

How Is the Synthetix Network Secured?

The SNX token is compatible with Ethereum’s ERC20 standard. The Synthetix network is secured through proof-of-stake (PoS) consensus. Synthetix holders stake their SNX and earn returns from the network fees.

Another way for SNX stakers to earn rewards is via the protocol’s inflationary monetary policy, known as staking rewards.

Where Can You Buy Synthetix (SNX)?

SNX tokens can be purchased at top exchanges, such as:

BinanceOKExCoinbase ProUniswap (V2)

If you are interested in learning more about how to buy Bitcoin, read CoinMarketCap’s full guide here.

reference
7287.

SWD meaning in Cryptocurrency ?

Answer»

INFO: Full form for SWD is SW DAO in Cryptocurrency category
SWD also has other full forms in other categories mentioned below.

Full Form Category
Society of Watershape Designers Academic & Science
Seward (ak) Airport Code
Shorewood Packaging Corporation Business
Sportsworld Business
Swervedriver Community
Support With Dignity Community
South Wisconsin District of the Lutheran Church- Missouri Synod Community
SmartWood Dreadnought Acoustic Guitar Community
Seymour W. Duncan, guitar equipment developer Community
Student Welfare Development Community
Shockwave Debug File Computing
Storage Works Division Computing
Simple Web Directory Computing
Simple Website Design Computing
Silk Web Driver Computing
Software Developer Computing
Senior Web Developer Computing
Serial Wire Debugging Computing
Serial Wire Debug Computing
Single Wire Debug Computing
Switch Download Computing
SW DAO Cryptocurrency
Shift Work Disorder General
Staff Working Document General
Single Wheel Drive General
Sunroof Window Deflector General
Side Window Deflector General
Side Wheel Drive General
Street Wise Drift General
Some Wheel Drive General
Static Weight Distribution General
South West Dubberz General
Smoking While Driving General
Snapchat While Driving General
Safety While Driving General
Stoneware drain General
Scorching Welsh Dragon General
Senior Working Dog General
Spotted Wing Drosophila General
Supersonic Wave Drive General
South Wisconsin District General
Susan Winchester Dabney General
Selenium WebDriver Documentation General
SIS Window Definition General
Short Way Of Distance General
Shallow Water Demultiple General
Simple White Dress General
Storytelling With Data General
Short Wave Diathermy General
South West District General
SouthWestern District Governmental
Social Welfare Department Governmental
Salt Water Disposal Governmental
SANAWAD Indian Railway Station
Shields and Weapons Development Military and Defence
Sword Military and Defence
Seward, Alaska USA Regional
7288.

VRO meaning in Cryptocurrency ?

Answer»

INFO: Full form for VRO is VeraOne in Cryptocurrency category
VRO also has other full forms in other categories mentioned below.

Full Form Category
Visiting Research Only Academic & Science
Vital Research Opportunity Academic & Science
Matanzas Airport Code
Variable Ratio Oiler Business
Vero Energy Incorporated Business
Virtual Royal Oak Community
Video Recording Object Computing
Virtual Reality Object Computing
Voted Read Only Computing
VeraOne Cryptocurrency
Virtual Rebellious Outcasts General
Victorian Resources Online General
Violence Restraining Order General
Village revenue officers General
Variety Radio Online General
Vlaams Radio Orkest General
Village Reconstruction Organisation General
Village Revenue Officer General
Vacuum Residual Oil General
Violence restraining orders General
Variable Ratio Oilier General
Virtual Risk Officer General
Varus Rotational Osteotomy General
Variable Replacement Operator General
Very Rarely Oils General
Vertical Ramus Osteotomy General
Volunteer Resource Optimisation General
Vacation Rental Owners General
Van Register Operational General
Variable Ray Origin General
Vodka Robber Olly General
Vera Rubin Observatory General
Vital Records Office General
Variable Ration Oiler General
Verificatie Registratie Ondernemingen General
Very Rare Outsiders General
Valvoline Racing Oil General
Vehicle Recovery Operator General
Variable Ratio Oiling Governmental
Vehicle Registration Office Governmental
Vehicles Registered Owner Governmental
Vision Realization Office Governmental
VAJDI ROAD Indian Railway Station
Very Rarely Only Internet
Very Rare Only Internet
Varus Osteotomy Medical
Very Rarely Operates Regional
Valley Regional Office Regional
Vick Racing Outfitters Sports
7289.

VRA meaning in Cryptocurrency ?

Answer»

To find out even more about this project, check out our deep dive of Verasity.

What Is Verasity (VRA)?

Founded on May 18, 2018, Verasity (VRA) is the next generation of video-sharing aimed at creating a fair system for creators to earn from their work, and advertisers to gain value for their ad spend.

It achieves this through its proof-of-value (PoV) protocol, its product layers, and its platform esportfightclub.com — a pro-gaming streaming platform which features esports tournaments like PUBG Mobile — which is Verasity’s most important use case according to their whitepaper. The website combines all of Verasity’s products into one platform owned and controlled by Verasity. With a growing number of users, the platforms offer rewards in VRA for watching, subscribing and winning.

Verasity.tv, another product of Verasity aggregates publishers for YouTube, Twitch, Vimeo, JWPlayer, Brightcove, VideoJS, Kaltura, FlowPlayer, iVideoSmart and publishers on other platforms were struggling to earn revenue for their work. Advertisers are not willing to spend as much money on current advertising platforms like Google and Facebook because they are not confident that humans are looking at it all. Verasity’s proof-of-view protocol layer technology detects and eliminates fraud in real-time. It uses over 200 touchpoints to ascertain whether humans or bots are watching a video. Verasity also hopes to expand its proof-of-view technology and data storage technology to non-fungible tokens (NFTs). Verasity’s on-chain verification will make NFTs more valuable and add an extra layer of authentication to ownership claims.

Who Are the Founders of Verasity?

Verasity was founded by a team of professionals with a proven record in the video and media industry. They work full-time at Verasity, and they have been collaborating since 2017.

Mark R.J., founder of Verasity, was involved in the research and development of a compression algorithm for streaming applications used at Action TV in the United Kingdom in 2000. He later had a stint as CEO at a data management company — Datagard, which included several popular brands. Mark managed and founded other companies in media technology and privacy management before starting Verasity. He has over two decades of experience in media technology and streaming applications.

Director of the Versity Foundation, David Archer is a Solicitor, Barrister, and graduate of the London School of Economics and Political Science. Sergy Molybog, Kyrylo Bibik, and Dmytro Medianik are all specialists in general and object-oriented programming languages. They develop and manage the technology stack with other members of the Verasity team.

What Makes Verasity Unique?

Verasity is mostly unique for its proof-of-view protocol technology, the first patented protocol layer that produces precise, secure and verifiable audience metrics. Users can watch, earn and play on the Verasity Esportfightclub platform.

The Verasity watch and earn SDK is already being integrated by about 2 million publishers, each of which boasts a total website audience of 550 million views and a combined 110 million views monthly.

Verasity also offers a completely built-out functionality that serves broadcast publishers perfectly. The functionality runs on a UDP transport protocol and supports direct broadcast over the cloud. It has been tested with over 8 PB of data per month. Its SDK/OVP integration suits content creators and large-scale video publishers without significant changes in their workflows.

Its ad stack and waterfall help platforms manage timeout problems that may result from having multiple service switching points, and networks in one stack. Advertisers can buy VRA tokens to reward viewers for their attention. Programmatic partners of Verasity relay video ads and when a viewer views, the VRA token is paid. Verasity will reward viewers for holding their VRA tokens to encourage and increase demand for VRA across a broad spectrum of enterprises and individual users.

VRA can be earned for viewing and spent on multiple exchanges or held for rewards in APY. The project earns from the Esport platform which uses a pay-to-play setup involving subscription and membership packages. Verasity also gets a cut from the pools in jackpot tournaments on the platform. Other sources of revenue are fees for using its PoV, ad stack, waterfall and sales of modular B2B products.

Related Pages:

Check out our guide of the top blockchain-based platforms for content creators.

Check out Audius (AUDIO) — a blockchain music-sharing and streaming platform.

Find out more about Library Credits (LBRY) — a decentralized platform that aims to simplify the way digital content is distributed.

Learn more about Steem — the native token behind Steemit, a crypto-focused community platform.

Get the latest crypto news and latest trading insights with CoinMarketCap Alexandria.

How Many Verasity (VRA) Coins Are There in Circulation?

There is a total maximum supply of 10 billion VRA tokens out of which 4.47 billion is currently in circulation. Verasity introduced a unique burn mechanism that allows the Foundation to buy back and burn VRA tokens to ensure stability and consolidate the value. Issuance of VRA tokens is based on participation in the Verasity ecosystem by viewing, playing games or buying on exchanges.

How Is the Verasity Network Secured?

Verasity uses a proof-of-stake (PoS) consensus algorithm based on the ERC-20 standards on which the native VRA token was issued. It combines that with its unique PoV technology to allocate VRA to deserving participants in the Verasity ecosystem. The algorithm is appropriate for a reward-based system and like meme coins on Ethereum which have become largely successful through the support of the community, Verasity will equally benefit from the huge network effects.

When Will VRA Trading Begin?

VRA is already traded on major centralized and decentralized exchanges. You can see the full list of exchanges VRA is listed on in the markets tab on CoinMarketCap.

Can VRA Hit $1?

With many projects built on Ethereum and VRA is an ERC-20 token, it is possible that the price of the token will reach new all-time highs. To hit $1, the market cap needs to increase by about $800 million, which is practically possible given the series of updates and features lined up by the developers of the project.

Where Can You Buy Verasity (VRA)?

You can buy the Verasity token (VRA) on major exchanges such as: KuCoin, Gate.io, Bittrex, Bithumb, Uniswap (V2), Uniswap (V3), OKEx and more. Check out the full list of exchanges Verasity is currently trading on here.

To learn more about how to buy VRA, BTC, ETH and other tokens, check out our education portal — CoinMarketCap Alexandria.

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