What does it do? With reports of fraudulent activities in the DeFi space the YFDAI team saw an opportunity to develop a trusted and secure DeFi platform. According to their website; “the central focus of YFDAI should revolve around transparency and security. To achieve this, the YFDAI protocol and smart contracts first had to undergo…
What does it do? YFI has been coined the ‘Bitcoin of DeFi’. This is because it was the cryptocurrency that brought mainstream attention to the decentralised finance ecosystem, and mostly notably, yield farming. In short, yield farming is essentially ‘staking’ your own cryptocurrency in liquidity pools in order to receive a form of ‘interest’ on…
What does it do? According to the Monero website; “Monero is the leading cryptocurrency with a focus on private and censorship-resistant transactions. Most existing cryptocurrencies, including Bitcoin and Ethereum, have transparent blockchains, meaning that transactions are openly verifiable and traceable by anyone in the world. Furthermore, sending and receiving addresses for these transactions may potentially…
This piece was written and submitted by @LordFantomian – Help support community members by giving him a follow on twitter! What does it do? According to their website; “Fantom is a high-performance, scalable, customizable, and secure smart-contract platform. It is designed to overcome the limitations of previous generation blockchain platforms. Fantom is permissionless, decentralized,…
What does it do? According to the V-ID website; “The VIDT API enables organizations to protect their digital data against fraud and manipulation. A simple but strong formula, that adds and protects value at minimum expense and effort. Our mission is to safely certify and secure all digital assets, so fraud and errors no longer hold…
What does it do? According to the Ocean Protocol whitepaper; “Ocean Protocol is an on-ramp for data services into crypto ecosystems, using datatokens. Each datatoken is a fungible ERC20 token to access a given data service. Ocean smart contracts and libraries make it easy to publish data services (deploy and mint datatokens) and consume data services (spend datatokens).”…
What does it do? According to their website VeChain rather vaguely describe themselves as; “The World’s Leading Blockchain Application Platform Driven by Enterprise Adoption” More precisely VeChain primarily tries to improve operational logistics via supply chain management that improves aspects such as tracking, quality control, and inventory management. Where does VET come into it? VeChain utilises…
What does it do? According to their website “Chiliz is a currency option for blockchain-backed products & services geared towards mainstream consumers. We want to elevate everyday experiences – fan engagement in entertainment, alternative payment solutions for conventional products, and more. Chiliz provides sports & entertainment entities with blockchain-based tools to help them engage & monetize…
What does it do? Travala is at its essence a bookings website for hotels, homes, flights and soon, activities. Think Expedia, last minute, booking.com etc. Although there is not much difference in appearance, it’s the additional benefits where Travala looks to have an edge on the competition, notably with discounts or simply being able to…
What does it do? According to their website “Ultra is the first entertainment platform providing a variety of games industry services under a single roof, accessible through a single login: discover, buy, and play games, watch live-streaming feeds, interact with your favorite influencers, participate in contests, compete in tournaments and much more.” Ultra community members…
What does it do? According to their website “We develop and deploy open-source decentralized technologies—the Energy Web Decentralized Operating System (EW-DOS)—with our global community of more than 100 energy market participants.” Going into further detail on this, the EW-DOS is utilised to focus, notably, on the renewable energy markets, and grid integration of distributed energy…
