Category: Hot Crypto

I. What is AlchemyPay?

Wallet?

POS machine?

APP?

AlchemyPay is a payment consensus protocol system used to create “the world’s most adaptive decentralized (DeFi) encrypted payment ecological infrastructure”.

II. What are the characteristics of AlchemyPay?

Simple to use and highly adaptable

1. Use the simplest operation interface on the front end to allow the payee to realize cryptocurrency collection without too much learning;

2. Compatible with mixed payment of legal currency and encrypted currency;

3. Compatible with real-time exchange of different legal currencies and different cryptocurrencies;

4. Compatible with almost all mainstream payment methods such as POS, APP, and Web;

5. Compatible with almost all scenarios such as offline retail, e-commerce, online entertainment,

Alchemy Pay’s easy-to-use aggregated fiat currency payment channels

block transactions, supply chain finance, and transnational transactions.

III. Why can AlchemyPay be “easy to use and adaptable?”

Behind the simplicity is the fusion and pursuit of complex technologies: To achieve “easy to use, highly adaptable”, it is necessary to integrate dozens of complex technologies, and let the payee be in the front end with the simplest operation interface. Realize cryptocurrency collection without too much learning.

Technical advantages of AlchemyPay:

1. Blockchain network adaptation layer: Through the adaptation layer of the blockchain network, the AlchemyPay payment consensus protocol can be seamlessly deployed in various public chains; integrate LightningNetwork, RaidenNetwork, and StateChannelNetwork into an integrated network;

2. Commercialized payment based on various networks: zero-block secure payment confirmation technology; fast routing algorithm; multiple tokens multiplexing the same channel; lightning network channel capital intelligent balance; support for various payment modes, including PULLPAY, combination Payment, split account (split), batch collection/payment, etc.;

3. PULLPAY protocol: supports two payment modes of blockchain pre-authorization PULLPAY and lightning network PULLPAY to meet the needs of various subscription and repeat payment scenarios;

4. Cross-chain payment based on AtomicSwap: Cross-chain lightning payment is realized through AtomicSwap and PayChannel; many coins that do not support the Lightning Network support the Lightning Network through AtomicSwap and SubmarineSwaps to achieve fast payment; cross-chain combined payment of multiple blockchain currencies;

5. Machine learning-based risk control anti-fraud and quantitative transaction model: payment risk control anti-fraud based on machine learning and artificial intelligence algorithms to ensure the security of the payment network; based on big data risk control to ensure the security of smart contracts; based on quantitative transaction models The collected cryptocurrencies are converted into stable currencies or mainstream currencies through a variety of quantitative strategies to hedge against the risk of currency price fluctuations and depreciation;

6. Smart contract template engine: Provides a visual and procedural smart contract customization interface, uses natural language to describe smart contract business rules, so that business personnel can understand and verify smart contract implementation logic; provide solutions to the smart contract and product level, Component-level, and interface-level packaging to meet application requirements at different levels and lower the threshold for smart contract use;

By integrating dozens of complex technologies, it provides various payment technology application solutions that are easy to use, safe and fast, and convenient to access for all kinds of developers who need digital currency payments, such as:

1. Game developers: SDKs that support mainstream fiat currency wallet payments and Crypto payments; RPG blockchain games based on StateChannel;

2. Wallet developers: With PULLPAY, offline merchants scan the QR code of the user’s wallet with a code scanner to directly deduct money; with PULLPAY, users will automatically deduct money from the user’s wallet after a certain deduction (such as a taxi);

3. DAPP developers: fiat currency and encrypted currency payment gateways for various DAPP applications; users directly use Token to pay, without ETH to pay for Gas;

4. E-commerce platform developers: use AlchemyPlugin/SDK/API to quickly have the ability to acquire legal currency and encrypted currency;

5. Payment service developer: quickly own a payment system of its own brand, support global mainstream fiat currency wallet payment, encrypted currency payment; based on the AlchemyPay platform, develop applications such as split accounts and local fiat currency C2C exchange;

6. Industry application developers: customer loyalty management developers, issue general points based on the Alchemy platform, and support general point consumption and exchange.

IV. What is the value of AlchemyPay?

Provide a set of feasible solutions for the further popularization of global digital currency.

1. Through the integration and optimization of technology, the problems of slow digital currency payment and excessive exchange rate volatility have been solved, and the feasibility of digital currency payment has been technically realized;

2. Through the combination of cryptocurrency and legal currency (users pay digital currency, merchants receive legal currency), it is customary to enhance the willingness of merchants to accept digital currency;

3. Through the upgrading of collection units and the continuous expansion of merchants through important companies with core resources, so as to create payment scenarios for digital currencies in the world;

V. On the basis of the AlchemyPay consensus agreement, which business sectors will be established?

Alchemy Pay Eco Map

1. Payment: establish a hybrid payment system combining digital currency and legal currency by integrating legal currency, digital currency, exchanges, and digital wallets;

2. Network (Merchant Network): By integrating banks, payment companies, SaaS companies, consumer groups, etc., who have merchant resources, it is enough to establish real digital currency transaction scenarios on a global scale;

3. DeFi (Decentralized Finance): Build an aggregated decentralized financial platform by integrating digital wallets and DeFi applications;

4. Trust (trusted assets): through the integration of banks, payment companies, and other channels, we propose a hybrid financial scoring system that combines digital currency and legal currency.

Remarks: AlchemyPay’s business segments are currently in their infancy. Among them, Payment and Network have been launched and put into application, while DeFi and Trust are still in the underlying technical architecture stage and have not yet been put into application.

VI. What achievements have been made in AlchemyPay’s business so far?

In the two major business segments of Payment (payment) and Network (merchant network) that have been launched, they are currently implemented in 18 countries and regions around the world and have more than 100,000 supporters in communities such as Telegram and Twitter. , Payment institutions, enterprises, digital currency exchanges, digital wallets, etc. to complete the integration.

Payment:

At present, it has integrated WeChat Pay, Alipay, Visa, Master, Dash, GrabPay, Nets, and other legal currency payment systems, and supports mainstream digital currencies such as BTC, ETH, USDT, BCH, BNB, and is compatible with hundreds of digital currency wallets such as ImToken and Trust. It has reached deep business cooperation with Binance, Huobi, Gemini, Celo, Cobo, and other well-known blockchain institutions on a global scale to jointly establish a digital currency payment ecosystem.

Network (Business Network):

At present, more than 2 million reserve merchants have been signed up, of which more than 3,000 are actually in operation. Access includes:

1. Shopify (an international e-commerce giant with a market value of more than 120 billion US dollars);

2. Arcadier (SaaS organization serving enterprises in more than 130 countries around the world);

3. QFPay Group (with more than 1.2 million merchants worldwide);

4. Singapore has more than 2500 business courtesy cars located in high-end consumer places such as airports, Universal Studios, and five-star hotels;

5. CeLaVi, the top floor of Singapore Sands Hotel, a global landmark;

6. The famous fashion brand Aldo;

7. Pricerite, a listed company on the Hong Kong Main Board, etc.

AlchemyPay embeds QFPay and Shopify’s digital currency payment

VII. Why can AlchemyPay contract more than 2 million reserve merchants?

AlchemyPay is different from traditional payment companies in terms of operation. It adopts a one-to-one contracting model. Instead, it cooperates with institutions with many merchant resources and adopts a 2B2C business model to find partners with merchant resources (such as payment institutions, SaaS companies), E-commerce groups, etc.), so that you can integrate as little as a few hundred, as many as tens of thousands, hundreds of thousands, or even millions of merchants.

VIII. Why does AlchemyPay issue ACH?

Use ACH to make payments in global stores

The purpose of ACH issuance is to govern the AlchemyPay ecosystem and promote the popularization of digital currency through the governance of the AlchemyPay ecosystem and rewards for early contributors to the system.

For example: At present, more than 2 million reserve merchants have been signed, and more than 3000 of them are actually in operation. Most of these merchants are connected directly before the issuance of ACH, so AlchemyPay needs to bear a lot of market costs and training costs, and It is very difficult to control budgets and distribute rewards reasonably; but after enabling ACH incentives, the value of ACH will be anchored with marketing costs, and supernodes (such as payment institutions, SaaS companies, e-commerce groups, etc.) will assume the market The responsibility of promoting and training nodes (merchants), the system will be based on the supernodes and nodes that accept digital currency payments, and will be rewarded based on the connection time, node level, and transaction volume, so as to promote the digital currency payment scene in the world more quickly set up;

IX. What behavior can obtain ACH?

1. Through the AlchemyPay payment system, supernodes (banks, payment companies, SaaS, etc.) and nodes (merchants), accept digital currency payments;

2. Merchants who use the AlchemyPay payment system choose to use digital currency instead of legal currency to pay;

3. Participate in specific activities or purchase specified goods on the platform supported by the AlchemyPay payment system;

Note: The 51% mining of ACH is expected to go online for half a year, that is, 2021.3.7. Before that, if the trial run reward is enabled, the monthly community & team incentive quota will be occupied.

What products support ACH? 

	Send/Receive	Trading
Coinbase	✔	✔
Pro	✔	✔
Wallet	✔	✖️

What regions support ACH?

	US	NY	EU	UK	CA	SG
Coinbase	✔	✔	✔	✔	✔	✖️
Pro	✔	✔	✔	✔	✔	✖️
Wallet	✔	✔	✔	✔	✔	✔

Crypto to fiat trading pairs

	US	UK	EU
USD	✔	✖️	✖️
GBP	✖️	✖️	✖️
EUR	✖️	✖️	✖️

Note: Coinbase Wallet does not support direct bank transactions. You’ll need to transfer your crypto to Coinbase.com or send it to an external address in order to cash out.

Crypto to crypto trading pairs

	USDC	USDT	BTC	ETH
ACH	✖️	✖️	✖️	✖️

See the full list of countries that Coinbase supports for crypto-to-crypto trading.

Note: Only assets hosted on the Ethereum blockchain can be converted through the Coinbase Wallet mobile app at this time. Learn more about trading on Coinbase Wallet.

How many confirmations are needed for ACH?

ACH requires 35 network confirmations. Learn about transaction confirmations.

Which blockchain network hosts ACH?

ACH is hosted on Ethereum.

What are the minimum and maximum withdrawal amounts?

Coinbase has implemented safeguards to ensure a healthy and efficient network both on-chain and through our platform.  

These safeguards include both minimum and maximum amounts for each cryptocurrency we allow customers to send through the blockchain.

Minimum: 0.000000000000000001

Maximum: 83,250,000

By Alchemy Pay and Coinbase

Kryll is an online automated platform and currency (KRL) which was started in 2018 by Luca Benevolo. The aim was to help people to create their kryll trading strategies without the need for any particular skills. Users just have to connect their blocks in order to create their strategies. Word “Automated” solves many problems because Kryll does not require any management thanks to the algorithm for making everything automatic.

Kryll is not mineable and is based on the N/A algorithm and N/A coin proof type. It currently has a circulating supply of 31,638,781 coins and a total market cap of 19,581,024. Kryll ranks at position 765 of the crypto ranking list and its price currently trades around $0.61.

How Does Kryll Work?

The platform consists of 5 different parts which all together give us as a result the key for success. The first element is the strategy editor WYSWIT “What you see is what you trade”. The second element is the Marketplace where you can find all the automated strategies available to use. The next two parts are the Smart trading tool which many traders already use and the Swap tool. The last and most important tool is the Kryll mobile application.

WYSWIT

WYSWIT is the first tool you need in order to create your strategies using the most popular technic, flowcharts. There is no need to be an expert on trading strategies or even be a software developer for using this editor. All you need to do is just to place blocks by dragging and dropping them into the Kryll ecosystem and thus create your own decision flows. As you are done with the decision flows, you can make unlimited tests for free in order to be sure that your strategies are going to be profitable.

Marketplace

This is the place where users can publish their trading strategies and make them available for rent by other traders. Users who are unfamiliar with the creation of trading strategies can order one of the already existing strategies using the KRL coin. In that way, Publishers can have a passive income by just selling their knowledge. Also, renters can easily contact to publishers for further help in case they are not sure of what they are looking for.

Smart Trading tool

This is the most powerful and smart feature that Kryll has invented for the users. The Smart trading tool allows users to execute already existing trading strategies simply. How does this work? All you need to do is just place the crypto pairs you wish to exchange and the amount of money you are willing to invest. After that, you have to choose at which price you wish the system to buy for you.

Swap Tool

Kryll.io focuses on making user’s life easier. The Swap tool will help you avoid the mess with the crypto exchange process. The tool allows users to exchange their cryptocurrencies through the Kryll platform without the need to sign in in order to complete the transaction. For instance, you can exchange Bitcoin to Ethereum directly on Kryll.io platform.

Kryll Mobile Application

The last and most useful tool is the Kryll Mobile Application which is available on smartphones or tablets. Using the app you can trade or even monitor your strategies remotely through your mobile phone. Besides, you can have full access to your portfolio and receive notifications for any kind of changes.

Advantages Of Using Kryll.Io

Trading 24/7: Not all users have free time to spend on their mobile phone checking whether their investment winning or not. One major advantage is the fact that Kryll.io offers automated trading.Besides, your bot/strategy will watch the market for you 24/7. While you are working or sleeping, the system will take care of the market movement and will react without your help.

Knowledge is not required: There are always people who are new in the industry and want somehow to start investing. Kryll is the solution to the problem thanks to the already existing strategies developed by experienced traders. In that way, beginners can rely on the community of users using their strategies for learning purposes. Besides, for those who are not in the mood of creating their own strategies, there is always an option to pay and use one of the existing strategies.

Responding time: Firstly, Trading is not an easy thing to deal with. Prices are constantly fluctuating (up and down) which works positively or negatively for traders depending on the situation. Secondly, users cannot be 24/7 in front of a screen monitoring price changes like bots do. Hence, there will always be chances that you might not be able to place an order due to inactivity. Finally, Kryll will solve those problems for you as automatic trading bots will instantly react to any chances they detect without your help.

Disadvantages Of Using Kryll.Io

Using trading bots may sometimes be risky. The cryptocurrency market is unstable due to the fluctuations happening to different coins. Till now, there is no such trading strategy that will always win for you as no strategy can remain unaffected to a highly volatile market. An automated trading bot is always executing your orders as it does not recognize what is true or false. As a result, repeating the same strategy even when the momentum is inappropriate could lead to huge losses.   

Kryll Token Price Prediction (2021,2022,2025)

According to the recent kryll historical data, analysts believe that the kryll token could trade at $0.40 by the end of 2021. One year later (2022), the coin could start re-gaining the lost ground moving the price above $0.49. If that happens, then the KRL currency could face a bullish cycle leading the price above $2.80 by the end of 2025.

How To Exchange Your BTC (BTC) To Kryll (KRL) Using InstaSwap?

First of all you have to choose KRL in the “You Get” section. Then, choose the method you wish to buy it with, “crypto” or “fiat”. As you are done with the first two steps, then you have to enter the Kryll wallet address you wish to receive your KRL tokens. You also have to add your refund wallet address (in case that something goes wrong) and you are almost ready to go.  Fill your email and press “Continue”. You will receive a verification code at your email address in the next few seconds which you can use only once in order to complete the transaction. Press “Continue” and enjoy the process. Send your deposit to a one-time address and you shall receive your exchanged coins in the next 10 minutes.

Which products support KRL? 

	Send/Receive	Trading
Coinbase	✖️	✖️
Pro	✔	✖️
Wallet	✔	✖️

What regions support KRL? 

	US	NY	CAN	EU	UK	DE	SG	JP
Coinbase	✖️	✖️	✖️	✖️	✖️	✖️	✖️	✖️
Pro	✔	✔	✔	✔	✔	✖️	✖️	✖️
Wallet	✔	✔	✔	✔	✔	✔	✔	✖️

Crypto to fiat trading pairs

	US	UK	EU
USD	✔	✖️	✖️
GBP	✖️	✖️	✖️
EUR	✖️	✔	✔

Note: Coinbase Wallet does not support direct bank transactions. You’ll need to transfer your crypto to Coinbase.com or send it to an external address in order to cash out.

Crypto to crypto trading pairs 

	USDC	BTC	ETH	USDT
KRL	✖️	✖️	✖️	✔

See the full list of countries that Coinbase supports for crypto-to-crypto trading.

Note: Only assets hosted on the Ethereum blockchain can be converted through the Coinbase Wallet mobile app at this time. Learn more about trading on Coinbase Wallet.

How many confirmations are needed for KRL?

KRL requires 35 network confirmation. Learn about transaction confirmations.

Which blockchain network hosts KRL?

KRL is hosted on Ethereum. 

What are the minimum and maximum withdrawal amounts?

Coinbase has implemented safeguards to ensure a healthy and efficient network both on-chain and through our platform.  

These safeguards include both minimum and maximum amounts for each cryptocurrency we allow customers to send through the blockchain.

Minimum: 0.000000000000000001 KRL

Maximum: 534,874 KRL

By Nick Palm 

Shiba Inu coin (SHIB) is an Ethereum-based ERC-20 token that has risen in popularity this year, largely because of its dog-themed ecosystem, speculation on its price by retail investors and strong community engagement. The official Shib Twitter account, for example, has over 1.2 million followers – more than leading crypto companies such as Cardano, Kraken and Solana.

The digital asset was inspired by the Japanese breed of dog of the same name, which sparked a viral meme trend in 2013 and subsequently led to the creation of the infamous dogecoin cryptocurrency. Shiba inu, along with dogecoin and the hundreds of other pet-inspired digital assets, have become collectively known in the industry as “meme coins.”

Ordinarily, a meme coin offers owners little to no utility compared with more established cryptocurrencies such as bitcoin and ether. In the case of Shiba Inu coin, however, there seems to be a legitimate attempt by the development team to provide more value to SHIB holders, including launching a decentralized exchange in July.

Notably, the desire to provide more utility to users has seen the self-proclaimed “doge killer” become the second-most popular meme coin in the market. And although the market capitalization of dogecoin is three times that of shiba inu at press time, the underdog project has managed to create and build up a large community in less than two years.

Read more: Why Shiba Inu Has Been More Resilient Than Some SHIB Haters Would Like to Admit

Key features of shiba inu coin

So other than being another doggy-themed cryptocurrency, what is the shib coin all about?

The first notable thing about Shiba Inu coin is its total supply. A total of 1 quadrillion SHIB tokens were minted during its official launch in 2020. A quadrillion is a number followed by 15 zeros. Some 50% of the supply of shiba inu was locked in Uniswap SHIB/ETH liquidity pool – a decentralized exchange where users deposit pairs of assets into liquidity pools that other investors can trade against. That is known as an automated market maker system.0 seconds of 5 minutes, 46 secondsVolume 90% 

Read more: What is an Automated Market Maker?

The other 50% of shib token’s supply was donated to Ethereum’s founder, Vitalik Buterin, who burned a vast majority of them by sending the tokens to a dead crypto wallet address. The remaining tokens (worth $1.2 billion at the time) were donated to an Indian COVID-19 relief cause and other charities.

The Shiba Inu coin universe also consists of a decentralized exchange, called Shibaswap, and two other tokens, “LEASH” and “BONE,” (see below.)

Finally, the community is also championing a rescue campaign for Shiba Inu dogs. All you need to do is make purchases on Amazon through smile.amazon.com and select Shiba Inu Rescue Association (a 501(c)3 as your preferred nongovernmental organization). This will allow a percentage of your purchase to be donated to a cause focusing on helping Shiba Inu dogs in need.

What is ShibaSwap?

Shibaswap is a decentralized exchange – a type of peer-to-peer trading platform similar to Uniswap that allows users to trade SHIB and other cryptocurrencies without an intermediary company. It also allows users to provide liquidity (deposit funds into pools that other traders can use to trade against) and stake tokens (deposit them into a smart contract) to earn interest using shib token and two additional ERC-20 tokens that exist in the Shiba ecosystem:

• Bone ShibaSwap (ticker: BONE): Bone is designed to function as the platform’s governance token, with a total supply of 250 million coins. That means holders of bone tokens are able to propose and vote on changes to the Shiba protocol via its “Doggy DAO.” It’s also minted and rewarded to users who provide liquidity on the platform.
• Doge Killer (ticker: LEASH): This was originally launched as a rebase token (also known as an elastic token), a type of token similar to an algorithmic stablecoin where the supply automatically increases and decreases via a computer algorithm to keep its price pegged to another asset. In this case, leash’s supply is adjusted to track the price of doge at a rate of 1/1,000.

For example, if the price of dogecoin was $0.05, the supply of leash would change (mint new tokens or destroy coins in circulation) to adjust the price of leash to $50.

Leash tokens have since been “unleashed,” and now no longer track the price of doge. With a scarce supply of just 107,647 tokens, leash has become the main store of value coin for many shiba inu owners.

ShibaSwap functions

On the ShibaSwap homepage, there are six functions available that incorporate the ecosystem’s three native coins, shib, leash and bone:

• Dig: Digging is the liquidity pool function on the ShibaSwap platform. Here, users can deposit crypto assets in pairs to existing liquidity pools on the platform, or create their own. As a reward, liquidity providers receive ShibaSwap liquidity pool tokens (SSLP). Those tokens represent their share of liquidity in the pool and entitle holders to receive free bone tokens upon redemption.
• Woof: “Woofing” is the function for redeeming bone rewards by cashing out SSLP tokens.
• Bury: This refers to where users can stake their shib, leash and bone in order to generate high-interest yields paid in bone tokens. At press time, the rates were 171%, 266% and 814%, respectively. Once staked, users receive a token that represents their staked amount in xSHIB, xLEASH or xBONE.

33% of bone rewards from staking are available immediately, while the remaining 66% are locked up for six months.

• Swap: This is the exchange feature of the ShibaSwap platform where users can swap between multiple assets.
• Bonefolio: This is an analytics dashboard where users can explore current interest rates and track their yield returns.
• NFTs: Here, users can trade 10,000 unique non-fungible tokens called “Shiboshis” – pixelated Shiba Inu dog cartoons similar to CryptoPunks with different traits, some rarer than others.

Who created SHIB coin?

Shiba Inu coin was launched in August 2020 as a direct competitor to Dogecoin. But unlike Dogecoin, the mysterious creator(s) of Shiba Inu, known as Ryoshi, made some design decisions that have since set the token apart. According to Ryoshi, SHIB has “the ability to outpace the value of dogecoin, exponentially, without ever crossing the $0.01 mark.” To put that into perspective, shib was trading for $0.00002831 at press time, which is a long way from $0.01. And yet, its market cap has already reached a third of Dogecoin’s market cap.

Read more: How Dogecoin Became So Popular

As noted above, following the launch of Shiba Inu, Ryoshi transferred half of the token’s total supply to Buterin, while the other half was locked in Uniswap, a decentralized exchange. As written in the project’s white paper, which the shib community calls the woofpaper, the goal was to transfer ownership of 500 trillion SHIB to Buterin with the hope he would lock them away forever.

The Elon Musk effect

The launch of Shiba Inu failed to gain traction at the beginning, but it began to make a splash around the same time Tesla CEO Elon Musk and other prominent individuals started to take interest in Dogecoin. Tech billionaire Musk in particular has been one of the most vocal supporters of Dogecoin. Dubbed the “Dogefather,” Musk was even voted as the project’s new unofficial CEO.

In the run-up to his appearance on “Saturday Night Live” in May, Musk hinted that he would mention Dogecoin during the show. That fuelled an unprecedented dogecoin price rally, which boosted the value of shib.

In five days, the price of shib increased by over 2,000%. The coin subsequently experienced a price slump along with the market-wide crash sparked by Musk’s announcement that Tesla would no longer accept bitcoin as a form of payment. It would later recover some of the lost value in the first week of October when Musk shared the picture and name of his new Shiba Inu puppy. All in all, SHIB’s price gained over 27,000,000% from January to October.

What products support SHIB?

	Send/Receive	Trading
Coinbase	✔	✔
Pro	✔	✔
Wallet	✔	✖️

What regions support SHIB?

	US	NY	CAN	EU	UK	DE	SG	JP
Coinbase	✔	✖️	✔	✔	✔	✔	✖️	✖️
Pro	✔	✖️	✔	✔	✔	✔	✖️	✖️
Wallet	✔	✔	✔	✔	✔	✔	✔	✖️

Crypto to fiat trading pairs

	US	UK	EU
USD	✔	✖️	✖️
GBP	✖️	✖️	✖️
EUR	✖️	✖️	✖️

Note: Coinbase Wallet does not support direct bank transactions. You’ll need to transfer your crypto to Coinbase.com or send it to an external address in order to cash out.

Crypto to crypto trading pairs

	USDC	USDT	BTC	ETH
SHIB	✖️	✔	✖️	✖️

See the full list of countries that Coinbase supports for crypto-to-crypto trading.

Note: Only assets hosted on the Ethereum blockchain can be converted through the Coinbase Wallet mobile app at this time. Learn more about trading on Coinbase Wallet.

How many confirmations are needed for SHIB?

SHIB requires 35 network confirmations. Learn about transaction confirmations.

Which blockchain network hosts SHIB?

SHIB is hosted on Ethereum.

What are the minimum and maximum withdrawal amounts?

Coinbase has implemented safeguards to ensure a healthy and efficient network both on-chain and through our platform.  

These safeguards include both minimum and maximum amounts for each cryptocurrency we allow customers to send through the blockchain.

Minimum: 0.000000000000000001

Maximum: 36,475,051,065

By Andrey Sergeenkov

The Keep Network is a software aiming to incentivize a global network of computers to store private information that can be deployed on public blockchains via smart contracts. 

Many decentralized applications (dapps) running on public blockchains, like Ethereum, require the use of private data (such as health records, credit scores and financial information) to operate. 

To protect individual user’s privacy, the Keep Network enables private data to be stored outside the blockchain in “keeps”, which are containers that allow smart contracts to manage and use pieces of the stored data without exposing it to the public blockchain.

In order to operate a keep, nodes must stake KEEP tokens, Keep Network’s native cryptocurrency, to be selected by the Keep Network. These nodes are awarded KEEP for successfully maintaining keeps.  

The first application built on the Keep Network is tBTC, which serves as a bridge between Bitcoin and Ethereum. Bitcoin holders deposit their BTC funds to a smart contract and receive tBTC, an Ethereum token of equivalent BTC value, used to access various dapps on the Ethereum blockchain.

Users seeking to stay up-to-date with the Keep Network’s progress can bookmark its blog. For more information on tBTC, you can read our “What is tBTC?” guide located in our Learn Center.
 

Who Created Keep Network?

Keep Network was founded by Matt Luongo and Corbin Pon in 2017. They previously co-founded Fold, a bitcoin shopping app, in 2014. 

Keep Network sold $20 million worth of KEEP tokens in two rounds in private sales to investors, which include noted venture capital firm Andreessen Horowitz, and noted cryptocurrency investors Polychain Capital, Fenbushi Capital and Paradigm. 

How Does the Keep Network Work?

Keep Network’s key feature is its ability to store private data, called secrets, outside the blockchain systems in keeps.

Keeps allow blockchain-based applications to interact with secrets without fully exposing their contents through the use of smart contracts, who, when a specific criteria is met, can provide data, encrypted files or verification of a user’s identity to the application.

Computers, or nodes, who maintain keeps are known as keep providers and are assigned fractions of a secret using the random beacon protocol, an advanced cryptography technique for trustless randomization.  

When a user wishes to purchase a keep, they publish a request to the Keep Network, who, in turn, divides and mixes their secrets, sends shares of them to different keep providers, and returns keys to the users to access the content of their keeps when needed.   

Keep providers must stake a certain amount of KEEP that can be retrieved by the protocol should they be unreliable or negligent with the keeps. However, providers incentivized through KEEP rewards for their services, including providing encryption, computation and storage services.

What products support KEEP?

	Send/Receive	Trading
Coinbase	✔	✔
Pro	✔	✔

What regions support KEEP?

	US	NY	EU	UK	CA	SG
Coinbase	✖️	✖️	✖️	✖️	✖️	✖️
Pro	✔	✔	✔	✔	✔	✖️

Crypto to fiat trading pairs

	US	UK	EU
USD	✔	✖️	✖️
GBP	✖️	✔	✖️
EUR	✖️	✔	✔

Crypto to crypto trading pairs

	USDC	USDT	BTC	ETH
CHZ	✖️	✔	✖️	✖️

See the full list of countries that Coinbase supports for crypto-to-crypto trading.

How many confirmations are needed for KEEP?

KEEP requires 35 network confirmations. Learn about transaction confirmations.

Which blockchain network hosts KEEP?

KEEP is hosted on the Ethereum.

What are the minimum and maximum withdrawal amounts?

Coinbase has implemented safeguards to ensure a healthy and efficient network both on-chain and through our platform.  

These safeguards include both minimum and maximum amounts for each cryptocurrency we allow customers to send through the blockchain.

Minimum: 0.000000000000000001

Maximum: 68,750

By Kraken and Coinbase

NEAR Protocol is a smart contract capable, public Proof-of-Stake (PoS) blockchain that was conceptualized as a community-run cloud computing platform. Built by the NEAR Collective, NEAR was designed to host decentralized applications (dApps), and strives to compete with Ethereum and other leading smart contract-enabled blockchains like EOS and Polkadot. NEAR’s native token is also called NEAR, and is used to pay for transaction fees and storage. NEAR tokens can also be staked by token holders who participate in achieving network consensus as transaction validators.

NEAR Protocol is focused on creating a developer and user friendly platform. To accommodate this mission, NEAR has incorporated features like human-readable account names as opposed to only cryptographic wallet addresses, and the ability for new users to interact with dApps and smart contracts without requiring a wallet at all.

Projects building on NEAR include Mintbase, a non-fungible token (NFT) minting platform, and Flux, a protocol that allows developers to create markets based on assets, commodities, real-world events, and more.

NEAR Protocol Technology

As dApps have grown in popularity, the crypto community has faced a growing scalability problem. Scalability in this context refers to a blockchain’s ability to handle a large number of transactions with reasonable speed and cost. Ethereum has particularly faced scalability challenges due to the high demand for its usage, and while some people advocate for scaling solutions to be built on top of Ethereum (Layer-2 solutions), other projects like NEAR have decided to build entirely new blockchains with different architecture.

NEAR Protocol’s proposed solution to this scalability problem is the implementation of sharding. Before diving into what this means, it’s useful to identify the three main functions of blockchain nodes: they process transactions, communicate validated transactions and completed blocks to other nodes, and store the state and history of the entire network. As network congestion increases, these tasks become more and more demanding for the nodes.

Sharding lessens the computational load by splitting or partitioning the network into shards (or fragments). With this tactic, every node is not required to run all of the network’s code — just the code that’s relevant to its shard — so shards can conduct computation in parallel with one another, thereby scaling the network’s capacity as the number of nodes in the network increases.

To achieve consensus among the nodes in the network, NEAR uses a PoS system. With PoS, nodes who wish to become transaction validators must stake their NEAR tokens to be considered for participation. Token holders who do not want to operate a node can delegate their stake to validators of their choice. NEAR uses an auction system to choose validators every epoch (approximately every 12 hours), and validators who have larger stakes have more influence in the consensus process.

Some validators are responsible for validating “chunks” — an aggregation of transactions from a shard — while others are tasked with producing blocks, which contain chunks from all the shards. Other nodes, called “fishermen,” observe the network and detect and report malicious behavior. If a validator behaves badly, their stake will be slashed.

NEAR Token Economics

The NEAR token is primarily used to pay transaction fees and as collateral for storing data on the blockchain. NEAR also rewards several stakeholders in the blockchain with NEAR tokens. For their services, transaction validators receive a NEAR token reward every epoch that amounts to 4.5% of the total NEAR supply on an annualized basis.

Additionally, developers who create smart contracts receive a portion of the transaction fees that their contracts generate. The remainder of each transaction fee is burned, increasing the scarcity of the NEAR token. NEAR has also established a protocol treasury, which receives 0.5% of the total NEAR supply annually, for the purpose of reinvesting in the development of the ecosystem.

NEAR Protocol is capable of supporting tokens that are “wrapped” from other chains in addition to NFTs. Likewise, NEAR has constructed a bridge with Ethereum, allowing users to transfer ERC-20 tokens from Ethereum to NEAR.

NEAR Platform Governance

Resources allocated to the protocol treasury are distributed by the NEAR Foundation, a Switzerland-based non-profit dedicated to protocol maintenance, ecosystem funding, and guiding the governance of the protocol. Technical upgrades to the NEAR crypto network are carried out by the Reference Maintainer, which is selected by the NEAR Foundation board, though all nodes in the network must consent to updates by upgrading their software. Eventually, oversight of the Reference Maintainer will be conducted by community-elected representatives.

NEAR Protocol aims to pull ahead in the crowded race to provide the infrastructure for Web 3.0 and has sought to distinguish itself through its unique developer and user friendly features.

Where and how to buy NEAR?

If you want to get involved with NEAR or begin using any dapps built on the NEAR platform, then you’re going to need to get your hands on some NEAR tokens.

Though it’s possible to earn these by participating in development bounties, staking, and operating a NEAR community, the simplest way to get some is by buying it from a supported exchange platform—such as Binance, Huobi Global, or OKEx.

Below, we’ll cover how to buy these with Tether (USDT) on Binance—currently the most liquid exchange for NEAR.

Step 1: Register on Binance and top up your account with USDT or another supported asset. Right now, Binance supports conversions for NEAR against Tether (USDT), Bitcoin (BTC), Binance USD (BUSD), and Binance Coin (BNB).

Step 2: Head over to your designed NEAR market on the Binance spot exchange, e.g. NEAR/USDT or NEAR/BTC.

Step 3: Here, you’ll find the Binance trading interface. At the bottom of the page, select the ‘Market’ option from the order panel.

Step 4: Enter the amount of USDT you want to spend and click ‘Buy NEAR’—this will automatically execute your order at the best available price. Your NEAR will then be deposited to your Binance account balance, ready to withdraw or trade.

By NEAR and Daniel Phillips

Curve DAO (CRV) is the utility token of the Curve.fi DeFi protocol for exchanging stablecoins and other ERC-20 tokens. Curve’s main goal is to connect users who want to exchange ERC-20 tokens and stablecoins with exchange protocols. Curve’s financial platform is non-custodial, which means that users are in charge of their own tokens.

The system makes sure to enable low slippage and low fees by finding the best routes for users’ exchange requests. To achieve this system of exchanging, Curve uses liquidity pools which are backed with liquidity tokens. Liquidity pools encourage liquidity providers to deposit their tokens into the pools, to keep the price at satisfactory levels so they can benefit as well. Liquidity providers are rewarded for depositing their tokens into pools.

CRV is the protocol’s utility token and is used to incentivize liquidity providers, while holders can also use CRV to participate in network governance.

How Does Curve DAO Work?

The Curve DAO token powers the Curve.fi financial platform, which acts as an exchange and automated market maker. AMMs enable a different model of trading where assets can be exchanged permissionlessly and in an automated manner. Instead of relying on order books, trading is conducted automatically through liquidity pools.

Liquidity providers are incentivized to create pools and deposit tokens. Each pool contains certain token pairs which are supported within that liquidity pool. Pools contain similar assets to minimize impermanent loss and provide greater chances for returns.

The exchange market is based on liquidity pools, while the protocol connects users to various exchange markets to find the best fee rates. That way, Curve.fi ensures low slippage and enables traders to maximize their returns. Every time a network user makes a trade on the Curve network, liquidity providers are rewarded with a share of the trading fee for their participation.

Who Are the Founders of Curve DAO?

Curve DAO was founded and launched in 2020 and is one of the latest projects in the sector of decentralized finance. The Curve DAO Token was developed and created by Michael Egorov, a Russian scientist.

Michael Egorov has experience with blockchain and cryptocurrency companies, as he co-founded NuCypher and served as its CTO. NuCypher is focused on building privacy-oriented protocols and infrastructure.

What Makes Curve DAO Unique?

The Curve DAO token is a relatively new project that has already achieved great success thanks to its utility. Curve DAO experienced serious growth in the second half of 2020, providing users with low slippage and low fees for exchanging similar stablecoins and ERC-20 tokens.

Curve DAO is unique thanks to its technology and technical capacity, which makes Curve.fi an attractive exchange in the sector of DeFi. Instead of relying on order books, Curve forms liquidity pools based on smart contracts that work as an automated market maker. Users are connected with the best routes for their exchanges, while trading of tokens and stablecoins is conducted between traders and exchange protocols. Thanks to its technology and capacity to exchange tokens and stablecoins at the best rates, Curve has become synonymous with decentralized finance.

What Gives the Curve DAO Token Value?

The Curve DAO Token derives value from its technology, technical capacity, use cases, and mainstream use, i.e., popularity among crypto users and traders. The intrinsic value of CRV and Curve.fi is defined by its technology and features that enable traders to get low slippage and low trading fees for their exchanges. The overall functionality and utility are what provide Curve DAO Token with a real-life value. Factors such as upgrades, updates, developments, an increasing number of users and other important news and events can also affect the value of CRV and define its market value.

The intrinsic value often doesn’t match the market price of CRV. CRV is subject to frequent changes much like any other digital asset, except stablecoins which are pegged to fiat values. This is why CRV price can change dramatically in a relatively short period.

How Many Curve DAO Tokens (CRV) Are in Circulation?

There are currently 391,958,099 CRV in circulation out of a max supply of 3,303,030,299 CRV CRV. Curve DAO Token has a limited supply, much like Bitcoin, the original cryptocurrency. Cryptocurrency assets often limit the total supply of tokens to create an anti-inflation mechanism, which means they may be a good store of value in the long term.

Network participants may be able to propose changes to the total supply through decentralized governance of the network. The number of coins in circulation multiplied by the current CRV price equals the market cap. The market cap ranks the crypto in comparison with its peers and determines its market share.

Other Technical Data

Curve consists of liquidity pools that are created with smart contracts hosted on Ethereum. Many liquidity pools on the Curve.fi protocol are supplied to other liquidity protocols such as Compound. That is why liquidity providers may receive additional interest aside from the trading fees paid to the Curve.fi network.

When explaining the technical anatomy of liquidity pools, it is important to note that liquidity pools are actually smart contracts that contain tokens. If you were to create a pool with two similar tokens where the comparable value of these tokens is in a 1:1 ratio, DAI and USDC for example, when someone exchanges a certain amount of DAI for USDC, the USDC balance would be decreased by that amount. Despite the fact that there is less USDC, the difference in the amount would make USDC slightly less valuable in comparison. This mechanism encourages traders to exchange USDC for DAI, which is how the value will become even.

How is the Curve DAO Token Network Secured?

Curve DAO Token is secured through regular audits of smart contracts that are used for creating liquidity pools. The smart contracts are hosted on the Ethereum network while being operated by the Curve.fi protocol.

Curve DAO Token runs on the Ethereum network, which is currently transitioning from Proof of Work to Proof of Stake. PoS is a more cost-effective and energy-efficient protocol than PoW. CRV tokens can be staked and locked for voting to enable holders to participate in network governance.

How to Use Curve DAO Token

Curve DAO Token is the utility token of the Curve.fi protocol that powers the network. Curve.fi is used as an automated market maker and a decentralized exchange based on liquidity pools to allow users to easily swap tokens and stablecoins.

Curve DAO Token can be used as a governance token to take part in the voting process on the network but is also used as an incentive for network participants and liquidity providers. CRV can be traded in the crypto market, while traders may make a profit based on the difference between the buying and selling prices.

How to Choose a Curve DAO Token Wallet

As an ERC-20 token, CRV can be stored in any wallet that supports Ethereum and the type you choose will likely depend on what you want to use it for and how much you need to store.

Hardware wallets or cold wallets like Ledger or Trezor provide the most secure option for storing cryptocurrencies with offline storage and backup. However, they can require more technical knowledge and are a more expensive option. As such, they may be better suited to storing larger amounts of CRV for more experienced users.

Software wallets like Lumi provide another option and are free and easy to use. They are available to download as smartphone or desktop apps and can be custodial or non-custodial. With custodial wallets, the private keys are managed and backed up on your behalf by the service provider. Non-custodial wallets make use of secure elements on your device to store the private keys. While convenient, they are seen as less secure than hardware wallets and may be better suited to smaller amounts of CRV or more novice users.

Online wallets or web wallets are also free and easy to use, and accessible from multiple devices using a web browser. They are, however, considered hot wallets and can be less secure than hardware or software alternatives. As you are likely trusting the platform to manage your CRV, you should select a reputable service with a track record in security and custody. As such, they are most suited for holding smaller amounts of cryptocurrencies or for those making more frequent trades.

Buying and selling CRV, or trading it for any other cryptocurrency, is done in mere moments when you choose our secure platform as your storage solution.

Curve DAO Token Staking

Curve DAO Token can be locked into the Curve DAO to receive vote escrowed CRV, or veCRV. Holders of veCRV can participate in governance and receive staking rewards. Users can decide how much CRV to lock up and for how long, receiving more veCRV for locking up larger amounts for longer periods. Once the CRV is locked, these parameters can’t be changed.

Conclusion

Curve DAO and Curve.fi have become an important part of the decentralized finance sector in a relatively short time since the project’s inception in 2020. Curve.fi makes exchanging ERC-20 tokens and stablecoins easy and cost-effective as users can take advantage of some of the best fee rates and low slippage.

As the DeFi sector becomes more popular, Curve DAO might become an integral part of the growing crypto economy.

Join the crypto revolution and start your Curve DAO token journey today.

Does Curve run only on Ethereum?

In addition to Ethereum, traders can also use Curve on the Fantom and Polygon networks.

What Is 3CRV?

This is the name of the liquidity provider token for the 3Pool or TriPool. Trading fees on Curve are distributed in 3CRV.

Which products support CRV? 

	Send/Receive	Trading
Coinbase	✔	✔
Pro	✔	✔
Wallet	✔	✖️

What regions support CRV? 

	US	NY	CAN	EU	UK	DE	SG	JP
Coinbase	✔	✔	✔	✔	✔	✔	✔	✖️
Pro	✔	✔	✔	✔	✔	✔	✔	✖️
Wallet	✔	✔	✔	✔	✔	✔	✔	✖️

Crypto to fiat trading pairs

	US	UK	EU
USD	✔	✖️	✖️
GBP	✖️	✔	✖️
EUR	✖️	✔	✔

Note: Coinbase Wallet does not support direct bank transactions. You’ll need to transfer your crypto to Coinbase.com or send it to an external address in order to cash out.

Crypto to crypto trading pairs 

	USDC	BTC	ETH	USDT
CRV	✖️	✔	✖️	✖️

See the full list of countries that Coinbase supports for crypto-to-crypto trading.

Note: Only assets hosted on the Ethereum blockchain can be converted through the Coinbase Wallet mobile app at this time. Learn more about trading on Coinbase Wallet.

How many confirmations are needed for CRV?

CRV requires 35 network confirmations. Learn about transaction confirmations.

Which blockchain network hosts CRV?

CRV is hosted on Ethereum. 

What are the minimum and maximum withdrawal amounts?

Coinbase has implemented safeguards to ensure a healthy and efficient network both on-chain and through our platform.  

These safeguards include both minimum and maximum amounts for each cryptocurrency we allow customers to send through the blockchain.

Minimum: 6.3 CRV

Maximum: 250,000 CRV

By kriptomat

Fantom is a decentralized, permissionless, open-source smart contract platform for decentralized applications (dApps) and digital assets — one of many blockchain networks built to provide an alternative to Ethereum. The Fantom blockchain mainnet went live in December 2019 and its network architecture intends to provide a viable solution to the blockchain trilemma by providing a steady balance of scalability, security, and decentralization.

Like other Ethereum alternatives, Fantom intends to provide more scalability and lower costs than the legacy first-mover smart contract platform is able to provide in its Ethereum 1.0 iteration. Fantom’s infrastructure is tied together through its Asynchronous Byzantine Fault Tolerant (aBFT) Proof-of-Stake (PoS) consensus mechanism, which maintains the operational efficiency of the entire network. The aBFT network structure is designed to preserve network security while maximizing speed.

Fantom Network Structure

Fantom operates atop a bespoke “leaderless” PoS consensus mechanism dubbed Lachesis that secures the Fantom network and ensures both transactional speed and security. Lachesis is an aBFT consensus mechanism, which means that network data can be processed at different times, and the network can tolerate up to one third of participants engaging in faulty or malicious behavior without causing undue harm to network processes.

Lachesis also boasts near-instant finality. This means that transactions are confirmed and finalized in an average of one second, without the need to wait for laborious block confirmation as experienced in Proof-of-Work (PoW) networks. By avoiding the relatively lengthy block confirmation process, this aBFT system is much faster and more scalable than many of its Byzantine Fault Tolerant (BFT) counterparts.

Diving deeper into how Fantom’s Lachesis functions, we see how each network node contains its own Directed Acyclic Graph (DAG), which records the chronology of “event blocks” and respective transactions, with each node achieving internal consensus independently. Confirmed batches of events blocks are then compiled into finalized blocks that are confirmed on the wider Fantom network. Finalized blocks, which form the base layer Fantom blockchain, are composed of confirmed event blocks from the independent nodes.

While independent Fantom nodes will occasionally communicate with one another about transactions and events, they do not confirm finalized blocks or the overall state of the network. This architecture results in a system that processes transactions quickly, and achieves finality within seconds. Fantom stresses that its PoS mechanism is leaderless, which means there are no block leaders and no participants have a special role in its operation. Anyone can join or leave the node network at any point, and all nodes hold equal weight in the consensus protocol.

Fantom Blockchain Mainnet: Opera 

The Lachesis consensus apparatus servers power Fantom’s mainnet deployment platform — Opera — which hosts dApps operating on the network. Opera is a permissionless and open-source environment for development. It boasts the full range of smart contract capability that Ethereum has due to its support of the Solidity programming language and integration with the Ethereum Virtual Machine (EVM). Applications built on Fantom can be designed to be interoperable with platforms built on Ethereum, while still maintaining the transactional efficiency of the Fantom network.

A proprietary software development kit (SDK) known as the Fantom Virtual Machine will eventually be released for native Fantom-based development alongside continued support for the EVM — a strategy meant to entice Ethereum-based dApp developers to make an easy transition over to building applications on Fantom.

Fantom Staking, FTM Token, and DeFi Suite

Fantom’s native utility token — FTM — powers the entire Fantom blockchain ecosystem. FTM tokens are used for staking, governance, payments, and fees on the network. There is a total supply of 3.175 billion FTM coins, with 2.5 billion in circulation as of March 2021. The remainder will be distributed as Fantom staking rewards. FTM is available as a native mainnet coin, an ERC-20 token in the Ethereum ecosystem, and a BEP-2 token in the Binance ecosystem.

Anyone can participate in Fantom staking with a minimum stake of 1 FTM by using Multichain to swap their ERC-20 FTM or BEP-2 FTM tokens for Opera FTM coins. Also, to operate a validator node on Fantom’s permissionless network at least 1 million FTM must be staked (valued at over $1 million USD as of March 2021).

Fantom provides a fairly dynamic and lucrative staking structure for users. Users can stake their FTM at-will with a validator node for a 4% annual percentage yield (APY) staking reward, which is a common staking model. However users can also take advantage of Fantom’s Fluid Rewards by choosing to lock up FTM for a predetermined period of time — ranging from two weeks up to a year — to secure higher reward rates up to 12% APY.

Fantom also employs a feature called Liquid Staking, whereby stakers can mint sFTM at a 1:1 ratio to their staked FTM to be used as collateral in Fantom Finance, which is a suite of DeFi apps provided by Fantom, thus allowing users to get more use out of their staked FTM. Some of the DeFi offerings that Fantom provides include:

• fUSD: a Fantom-based stablecoin that’s pegged to the U.S. dollar 
• fSwap: a synthetic asset decentralized trading platform
• fLend: a liquidity pool from which users can lend or borrow

Fantom’s approach to the DeFi and dApp landscape is innovative — as is its staking reward program structure. Further proposed use cases for Fantom’s highly scalable smart contract platform are dApps related to supply chain management, payments, and smart city programs, some of which are already being piloted around the world.

As the first of its kind with its complex and unique infrastructure, Fantom’s approach to fast, scalable dApp development is still establishing its place in the wider blockchain ecosystem. Although there is already much competition in the burgeoning dApp sector, the speed and interoperability benefits that Fantom offers dApp developers are notable, and the platform is poised to gain further traction.

Coinbase currently doesn’t support Fantom trading. However Coinbase confirmed the integration of FTM and now the wallet enables users to carry out transactions in one second with near-zero fees. Over a million users have installed the wallet app and this integration will give them access to Fantom’s secure and fast DeFi ecosystem.

Fantom has extended Coinbase Wallet support within the Fantom fWallet. Users can sync their Coinbase Wallet account to their Fantom fWallet and conduct a number of activities such as stake FTM and earn rewards.

Coinbase Wallet users can easily access and use the Fantom network, and engage with a number of Fantom dapps. Coupled with the streamlined interface of the Coinbase Wallet, fast transaction speeds and low fees on the Fantom network ensure an excellent user experience.


Connect Fantom to the Coinbase Wallet

Connecting to the Fantom Opera network is simple

• Log into the Coinbase Wallet mobile app
• Simply click the Settings icon
• Select Active Network, and select Fantom Opera 

Getting started with Fantom and fWallet

Once connected to the Fantom network on the wallet mobile app, users can get started by connecting Coinbase Wallet to the Fantom fWallet

• Download the Coinbase Wallet extension from the Chrome Web Store
• Scan your QR code on the Coinbase Wallet extension using your Wallet mobile app to get started and sync your account 
• Head over to Fantom fWallet to get started
• Click on Connect Wallet
• Select the Coinbase Wallet option
• Fund your wallet with FTM or any compatible asset like DAI or fUSDT
• Once assets are available, you can begin to explore the many opportunities available on Fantom

Connect to a Fantom Dapp

Explore the world of Fantom dapps!

• Make sure on your Coinbase Wallet mobile app Settings, that you’re connected to Fantom Opera in your Active Networks
• Head over to a Fantom dapp such as Screamer (lending and borrowing), Tomb (algorithmic stablecoin), SpiritSwap (DEX), and SpookySwap (DEX) – more to come
• Click on Connect Wallet and select the Coinbase Wallet option
• Once you get a pop-up, confirm the authorization by clicking on Connect
• Play around with the dapp! Lend out some fUSDT or DAI and earn an interest

Developers can Integrate their dApps with Coinbase Wallet

Fantom developers can easily add support for Coinbase Wallet users by integrating the WalletLink SDK, which lets users sign into dApps with Wallet. Get started here.

By Michael Kong

• Created by NBA Top Shot developer Dapper Labs, Flow is a proof of stake blockchain designed for NFT collectibles and crypto games.
• Dapper’s CryptoKitties clogged up Ethereum in 2017, prompting the development of Flow as an alternative.

When CryptoKitties, one of the very first non-fungible token (NFT) projects, brought the Ethereum blockchain to a halt in late 2017 due to immense congestion, developer Dapper Labs learned firsthand that current-gen blockchains weren’t built to handle such demand.

With NFTs—provably-unique tokens that can be linked to digital content—becoming increasingly popular, something needed to be done.

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Rather than simply find another home for its decentralized app (dapp) or wait for Ethereum scaling solutions to mature, Dapper decided to build the kind of blockchain that it and other developers could rely on.

The result is Flow, a blockchain purpose-built to support things like NFT collectibles and large-scale crypto games.

CryptoKitties will soon migrate to Flow, and with the surging success of Dapper’s NBA Top Shot, and many other developers signing on to build with Flow amidst the NFT boom, it could prove to be one of the leading blockchains for such creations.

Here’s a look at what Flow is, how it works, and how to get ahold of the FLOW token.

What is Flow?

Flow is a blockchain that is designed for extensive scaling without the use of sharding techniques, providing fast and low-cost transactions that make sense for dapps such as NFT marketplaces and crypto-infused video games.

As mentioned, Flow hails from Dapper Labs, which decided to solve its blockchain congestion problem head-on by building one primed for games and other interactive experiences. Dapper is now using Flow for all of its own projects, including NBA Top Shot, but it’s open to other developers as well.

How does Flow work?

Flow uses a proof of stake consensus mechanism that requires validators to stake a certain number of FLOW tokens to participate in the network.

However, the way that validation works is unique amongst blockchains, as Flow splits validation tasks into four separate types of nodes: consensus, verification, execution, and collection. All four node types participate in the validation of each transaction.

Dapper says that splitting up the tasks makes processing transactions more efficient than on rival blockchains. It’s an alternative option to sharding, or spreading out the storage and computational needs of a blockchain across numerous nodes. Flow does not use sharding, and by doing so, Dapper says that Flow keeps transactions atomic, consistent, isolated, and durable (ACID), and allows developers to build on each others’ work.

Flow also features upgradeable smart contracts, allowing smart contracts to be deployed in beta and then enhanced or fixed before being finalized and made immutable.

Did you know?

CryptoKitties will migrate from Ethereum to Flow, with Dapper promising new features for the breedable digital cats as well as use in future games running on Flow.

What’s so special about Flow?

Flow is built for the kind of collectible and interactive crypto experiences that are quickly growing in prominence, and could find much larger audiences in the years to come. NBA Top Shot has already demonstrated the potential for a blockchain-driven collectibles experience to generate huge sums of cash and find major mainstream attention. That’s just one experience built on top of Flow, with many more to come.

Flow + NBA + UFC

NBA Top Shot has already been an enormous success, but Dapper Labs has other high-profile partners in its stable, including the likes of Ultimate Fighting Championship (UFC), CNN and Dr. Suess. Besides those brands, Dapper also has partners like gadget giant Samsung, game publisher Ubisoft, and Warner Music Group.

What can you do with Flow?

Right now, as a user, you can interact with Flow via NBA Top Shot or by buying artwork from the VIV3 NFT marketplace, as well as other working apps built on the blockchain. Developers can begin using the various built-in tools to experiment with Flow and start building their own dapps.

Did you know?

Dapper Labs raised a $12 million investment round in August 2020 that featured participation from several current NBA players, including Andre Iguodala and Spencer Dinwiddie.

Where to buy FLOW

Flow’s native FLOW token was initially offered to the public in October 2020 through CoinList, but was unavailable within the United States and Canada. Tokens sold through the offering were locked up for at least a year thereafter, which means they can’t be circulated until they’re unlocked.

On the other hand, FLOW rewards paid to validators can be transferred and sold, so there is some FLOW out on the market, and some exchanges—like Kraken and Huobi—let users transact FLOW. However, major exchanges like Coinbase do not currently handle FLOW. Binance recently listed FLOW.

The future

NFT collectibles blew up in a big way in late 2020 and early 2021, and Flow has been one of the biggest beneficiaries of that surge. Not only has Dapper Labs’ own NBA Top Shot been one of the most successful crypto dapps, but Flow reported a significant uptick in developer requests during the early weeks of 2021. In short, NBA Top Shot has been a successful proof of concept for Dapper’s custom-built blockchain, and now other developers want to tap into that infrastructure.

With developer interest comes commercial interest, too; in June 2021, NFT marketplace Rarible, which has to date focused on Ethereum-based NFTs, announced that it would expand its offering to Flow with the proceeds of its $14.2 million Series A fundraising round. Dapper has its own additional collectibles platforms in the works, as well.

Flow’s also building out its infrastructure. In June 2021, Dapper Labs launched FUSD, which it described as the first U.S. dollar-backed stablecoin on Flow; the stablecoin is backed one-for-one by U.S. dollars deposited at financial infrastructure provider Prime Trust.

That’s part of Dapper Labs’ wider ambitions for Flow, which envisage it being used for more elaborate game experiences beyond NFTs: Dapper calls it the “blockchain for open worlds.” On one hand, “open” implies decentralization—but it may only be a matter of time before it plays host to large-scale crypto games, as well.

By Andrew Hayward

The ASSEMBLE Protocol is a blockchain-based global point integration platform that exploits ASM utility tokens, whilst establishing a business ecosystem that can integrate, utilize and monetize existing points and miles with point providers, consumers and retailers. Below is Assemble Protocol’s roadmap:

2019 Q3~Q4

• Team Building
• Service Application Concept Development

2020 Q4

• White Paper Release
• ASM Token Generation Event
• STA1.Com Partnership Announcement
• ClubPass Partnership Announcement
• Wanchain Tech Partnership Announcement
• Luniverse Tech Partnership Announcement
• ASP Plug-in Point Accumulation API Development Completion
• ClubPass ASP Plug-In Commercialization

2021 Q1

• ASSEMBLE Wallet Development
• ASSEMBLE Wallet Alpha & Beta Test
• ASSEMBLE Wallet Release
• Point Exchange Android & iOS App Development
• Point Exchange Android & iOS App Release

2021 Q2

• ASSEMBLE Market Development
• ASSEMBLE Market Alpha & Beta Test
• ASSEMBLE Market Release

2021 Q3

• Plug-In API Center Development
• Plug-In API Center Alpha & Beta Test
• Plug-In API Center Release
• ASSEMBLE Wallet & Point Exchange Desktop Version Development
• ASSEMBLE Wallet & Point Exchange Desktop Version Alpha & Beta Test
• ASSEMBLE Wallet & Point Exchange Desktop Version Release

2021 Q4

• ASSEMBLE Wallet, Market & Point Exchange Language Pack Development
• ASSEMBLE Wallet, Market & Point Exchange Language Pack Alpha & Beta Test
• ASSEMBLE Wallet, Market & Point Exchange Language Pack Release

Starting Today, Wednesday October 20, transfer ASM into your Coinbase Pro account ahead of trading. Support for ASM will generally be available in Coinbase’s supported jurisdictions with certain exceptions as indicated in each asset page here. Trading will begin on or after 9AM Pacific Time (PT)Thursday October 21, if liquidity conditions are met.

Starting Today, Wednesday October 20 we will begin accepting inbound transfers of ASM to Coinbase Pro. Trading will begin on or after 9AM Pacific Time (PT) Thursday October 21, if liquidity conditions are met.

Once sufficient supply of ASM is established on the platform, trading on our ASM-USD and ASM-USDT order books will launch in three phases, post-only, limit-only and full trading. If at any point one of the new order books does not meet our assessment for a healthy and orderly market, we may keep the book in one state for a longer period of time or suspend trading as per our Trading Rules.

We will publish tweets from our Coinbase Pro Twitter account as each order book moves through the phases.

Assemble Protocol (ASM) is an Ethereum token that powers Assemble, a platform where users and merchants can aggregate, manage, and spend reward points. On Assemble, point providers and retailers can run special events or promotions, providing benefits like discounts for ASM

ASM is not yet available on Coinbase.com or via our Consumer mobile apps. We will make a separate announcement if and when this support is added.

By Assemble Protocol and Coinbase

With new currencies coming up each day on the Ethereum Network, today with us we have Jasmy, which is nothing but an organization that is known to develop the “Internet of Things” or as commonly referred to as IoT, founded by Kunitake Ando. Also, before moving on further, it is worth mentioning that, JASMY is the native utility token for the Jasmy platform and an Ethereum token that powers Jasmy. 

Instead of coordinating networks of data and devices with the help of centralized servers, Jasmy is one such platform that focuses completely on decentralizing the process with help of storing and computing data on a decentralized storage network, IPFS. Other than this, JASMY that I mentioned earlier, can very well be used for several purposes, one of which is to transfer tokens amongst payments as well as devices for services on the network itself. 

Jasmy claims that the platform abides by the concept of data democracy, meaning that its objective is to return all the personal data files in the hands of the rightful individuals, it belongs to. Not just that, the basic foundation of the entire network is trust, it aims at building with its customers as well as companies that often use their platforms. Building a new era of information, Jasmy wants to create an environment where data can securely be exchanged as valuables. 

Through all of this, it seems like Jasmy is much likely to position itself in the marketplace as one of the major solutions for the Fourth industrial revolution, as and when it happens! Furthermore, in a report, officials on the platform say that, with this big wave coming along, a lot of new goods and services including sharing economics like automatic driving, dispatch services as well as check out a free convenience store that’s are unmanned are born. 

In addition to all of this, as mentioned previously, with the help of Jasmy, there is no need for service providers to hold on to the personal data of users, whereas the respective individuals can very well decide on their own how exactly they want to use it. Also, with the help of this, services providers tend to reduce the overall cost of information security, increase service levels as well as make use of information that is stored by the users outside the company. 

As far as JasmyCoin goes, it is known to provide profits in exchange payments and has been able to receive interest from several potential investors from all around the world. The sudden uprise in the platform’s growth and popularity has really attracted a lot of investors. On a similar note, it is probably worth mentioning that, Jasmy is one of the most hottest selling projects, with a value skyrocketing at over 130 percent. 

As a result, recently Jasmy has been made available to one of the most popular cryptocurrency exchanges available, Coinbase, where customers will now be able to easily send, trade, receive as well a store JASMY. As far as the JasmyCoin is concerned, it is vital for you to know that the token has the ability to be used by an unspecified number of businesses as well as individuals in order to transfer tokens with the help of virtual devices as proof of value exchange and probably for the purpose of payments of services on the platform itself. However, by not limiting the overall usability of the token, it really can have a wide range of purposes. 

Investing in Jasmy

As of today, the price of Jasmy is about 0.088169 US dollars with a twenty-four-hour trading volume of 165,464,790 dollars. Not just that, in just the past twenty-four hours, the value of the JASMY has gone up by 21.55 percent. With the market cap of the platform not available, the platform is currently placed at #2675 position as per the CoinMarketCap rankings.

Also, it is worth mentioning that, the maximum lifetime supply of Jasmy is 50,000,000,000 JASMY coins but unfortunately, the current circulating supply of the currency is not yet available. In just the past week alone, the price of Jasmy has gone uphill by 448.63 percent. 

Which products support JASMY? 

	Send/Receive	Trading
Coinbase	✔	✔
Pro	✔	✔
Wallet	✔	✖️

What regions support JASMY? 

	US	NY	CAN	EU	UK	DE	SG	JP
Coinbase	✔	✖️	✔	✔	✖️	✖️	✖️	✖️
Pro	✔	✖️	✔	✔	✖️	✖️	✖️	✖️
Wallet	✔	✔	✔	✔	✔	✔	✔	✖️

Crypto to fiat trading pairs

	US	UK	EU
USD	✔	✖️	✖️
GBP	✖️	✖️	✖️
EUR	✖️	✖️	✖️

Crypto to crypto trading pairs 

	USDC	BTC	ETH	USDT
JASMY	✖️	✖️	✖️	✖️

See the full list of countries that Coinbase supports for crypto-to-crypto trading.

How many confirmations are needed for JASMY?

JASMY requires 35 network confirmations. Learn about transaction confirmations.

Which blockchain network hosts JASMY?

JASMY is hosted on Ethereum. 

What are the minimum and maximum withdrawal amounts?

Coinbase has implemented safeguards to ensure a healthy and efficient network both on-chain and through our platform.  

These safeguards include both minimum and maximum amounts for each cryptocurrency we allow customers to send through the blockchain.

Minimum: 0.000000000000000001 JASMY

Maximum: 8,333,333 JASMY

By Mehardeep Singh