The Radicle (RAD) network is a decentralized platform that empowers developers to conduct peer-to-peer software collaborations. The network leverages a variety of open-source codes and a blockchain-based tech stack which enables developers to create permissionless Dapps in a more efficient manner. Notably, the platform continues to see growing adoption due to the time and money it saves developers across the sector.
What Problems Does Radicle (RAD) Attempt to Fix?
The development team behind the Radicle platform sought to create a self-sustaining, global, and permissionless network as a means to combat multiple issues in the market. Primarily, the protocol helps to promote further blockchain integration. The network enables programmers to create and anchor projects to the Ethereum blockchain. It also simplifies the most common tasks including smart contract management and access control features.
High Fees
High fees continue to be a major problem for Ethereum developers. The technical structure of the network is set up in a manner that congestion directly equates to higher transaction and processing fees. In the past, these systems helped to reduce spam posts.
However, as the most recent round of congestion isn’t spam-related, but rather, an influx in DeFi platforms, the high fees have had a negative effect on the platform. Radicle introduces a new system that helps to reduce fees for users and developers who interact with the network’s smart contracts. Additionally, there is never a membership or subscription fee users need to pay to enjoy these benefits.
Benefits of Radicle (RAD)
There are some really cool benefits that Radicle introduces to the market. For example, it enables developers to share codes without a third party. Enabling true peer-to-peer collaboration helps to drive innovation and improve the overall user experience across the market.
Open-Source
One of the core components of Radicle is its focus on all things open source. The entire platform was built using open-source code as well. Open source projects are recommended over their closed counterparts for many reasons. Primarily, it’s because open-source projects allow the community to vet their protocols to ensure there are no weaknesses, errors, or funny business going on behind the scenes.
How Does Radicle (RAD) Work?
The Radicle network lives atop the Ethereum blockchain. The protocol enables developers to create and integrate decentralized organizations and digital tokens in a secure and efficient manner. The platform combines open-source coding, community-led governance, and a self-sustaining network for software collaboration.
Radicle Orgs
Radicle Orgs allow multiple people to manage a group of projects. They empower communities that utilize Radicle’s unique features. The protocol encourages developers to create decentralized groups. Notably, there are a lot of tutorials on deploying Radicle Orgs for your DAO or development team. There are also modules and other pre-coded features that improve your success rate.
Radicle (RAD) – Attestations
Users can link their Radicle Identities to their Ethereum addresses directly using the attestations system. The goal of this protocol is to provide a global namespace to improve discovery. Radicle users can send their Radicle ID rather than their ETH account and add another layer of protection to their transactions.
Git
Radicle was built to improve Github’s collaboration features. The network takes advantage of the largest developer community in the world and adds new options such as peer-to-peer discovery to the equation. Additionally, the open-source nature of the project empowers programmers to make new interfaces and ways of interacting with Radicle’s combination of helpful features.
Radicle Link
The Radicle Link protocol is one of the core components of this network. This standard for code collaboration enables decentralized sharing without sacrificing security. Radicle Link is vital to the functionality of the platform as it helps to ensure the network retains its decentralization.
RAD
The RAD token operates as the main governance and utility token for the network. RAD is an ERC-20 token that resides on the Ethereum network. It serves a variety of purposes. For example, you can send RAD globally in seconds. You also must hold RAD to participate in the voting features of the network or to interact with smart contracts.
Radicle (RAD) – NFT Support
The Radicle Network offers DeFi and NFT users some features that are sure to spark interest. For example, the network supports the creation, issuance, trading, and management of NFTs (non-fungible tokens). NFTs are digital assets that can represent a unique asset in either the virtual or real world.
NFTs are quickly becoming the rising star of the DeFi sector. There are currently NFTs worth millions of dollars. These tokens are now more common than ever in the gaming and art world. Radicle’s developers can use NFTs for multiple services including the ability to fund new communities, sponsor initiatives, and as exclusive membership passes.
Governance
Radicle seeks to be a community-led project throughout its life cycle. To accomplish this task, the network introduces a community governance mechanism. This system allows regular token holders to put forth proposals and vote on vital upgrades to the network. Community governance systems help to keep project communities in sync. They also help to drive the value of the platform’s token higher since the more tokens you have and the more weight your vote holds.
History of Radicle (RAD)
The Radicle concept took flight in February 2018. The network was founded by two developers by the names of Alexis Sellier and Eleftherios Diakomichalis. Their goal was to create a more sustainable and democratic way to fund open-source public software protocols.
It’s Time for Some Radicle Improvements
The developers behind the Radicle project seek to make software creation more open and affordable. The network’s unique capabilities enable anyone to join forces with other developers in a direct peer-to-peer fashion. This approach reduces costs and improves transparency across the market.
These features combined with the ability to easily pin new applications to the Ethereum blockchain make Radicle a smart alternative for anyone seeking to create robust decentralized applications. For these reasons, Radicle is set to see continued adoption moving forward as more developers get hip to its excellent feature set.
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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.
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.
Livepeer is a network built on Ethereum for transcoding live and on-demand video.
Livepeer differentiates itself from traditional video streaming services like YouTube by not hosting, storing or distributing video. Rather, Livepeer is building a technology that utilizes excess computing power to more efficiently share video from broadcasters to consumers.
Video streaming is the main source of internet bandwidth use worldwide, with some reports suggesting that it accounts for up to 80 percent of global internet usage. The biggest cost for video broadcasters lies in transcoding, which is the process of converting and reformatting raw video to ensure it can be played across multiple devices and networks, from pocket size smart phones to larger than life billboards.
Livepeer aims to disrupt the video transcoding market by giving broadcasters access to thousands of distributed processors, allowing app developers to create videos within a secure, efficient and affordable architecture.
Central to its ecosystem is the Livepeer Token (LPT) which is used to secure the Livepeer network and coordinate the work responsibilities of those supporting the video encoding process.
When Grayscale, the firm behind the GBTC investment vehicle, announced in March 2021 that it was creating new trusts based on other cryptocurrencies, most of the newly-announced trusts picked were well-known, unsurprising cryptos such as Chainlink and Filecoin. But there was one new addition that seemed to catch even crypto enthusiasts off-guard: Livepeer.
Livepeer is an Ethereum-based decentralized service that aims to significantly slash costs for video streaming apps. It does so by distributing resource-hungry transcoding tasks to users who lend their computer’s processing power to the network. Like most decentralized services, there are incentives for network participants, such as the “orchestrators” who transcode video, and delegators who stake LPT tokens to ensure liquidity.
Grayscale clearly sees potential in the idea, but what’s it really all about? Here’s a look at how Livepeer works, how users can get involved, and how to buy its LPT token.
What is unique about Livepeer?
Livepeer is a decentralized service designed to minimize infrastructure costs for streaming or on-demand video applications.
It’s not a consumer-facing video platform itself; this isn’t a decentralized alternative to Twitch or YouTube. Instead, it’s a behind-the-scenes solution for app creators that distributes the task of transcoding video—or converting it from one format to another before playback—across participating computers on the network.
The firm suggests that it can cut resource costs by up to 50 times compared to traditional, centralized approaches to transcoding video.
Over 1,600,000 minutes of original content created and streamed on the @LivepeerOrg network in the last 30 days. Creators + decentralization is unstoppable! pic.twitter.com/P1FolIKVQx
Livepeer relies on its “orchestrators,” or people who have added their computers to the network, to handle transcoding demands from app developers as needed. These individuals trade their computing resources—CPU and GPU power, along with bandwidth—in exchange for fees paid out in cryptocurrency. Livepeer also calls these users “video miners,” keeping with the mining parlance used for the block creation work on many other blockchain platforms (like Bitcoin).
Developers who use Livepeer’s network to fuel their video apps must pay LPT for transcoding and distribution services. Additionally, LPT holders can stake their tokens towards an orchestrator to become a delegator, thus earning a smaller share of fees and rewards for participating in the network without being directly involved in the transcoding process.
Did you know?
The price of Livepeer’s LPT token shot up nearly 450% in the days following the announcement of the Grayscale Livepeer Trust in March 2021, according to CoinGecko.
What’s so special about Livepeer?
Video streaming is expensive for app developers. It’s one of the hidden costs that consumers may not directly see or understand, but those costs can be passed onto them in terms of service fees, increased advertising, or having their data sold.
By minimizing those costs through distributed computing, Livepeer may enable new kinds of video-driven apps and business models. On the other end of the equation, people can contribute their computing power and earn fees and rewards in the process.
What can you do with Livepeer?
Livepeer is not a consumer-facing service, so users who watch videos that are transcoded on the Livepeer network may not have any indication that the service was involved.
For app developers, Livepeer provides a potentially cheaper alternative to centralized services, trimming down computing costs to implement video functionality within their services. And for network participants, there’s incentive for plugging your computer into the network and/or staking LPT tokens to help ensure liquidity.
Did you know?
Livepeer has launched a “co-mining” pilot program with decentralized storage platform Filecoin, as of March 2021, allowing users to mine and earn rewards on both.
We are excited to announce that Livepeer is launching a co-mining pilot with @Filecoin to enable Filecoin miners to become Livepeer video miners. https://t.co/X2nuht1Qj1
Grayscale’s cryptocurrency-based trusts are exchange-traded investment vehicles designed to provide exposure to crypto for traditional investors. The price of each trust roughly tracks that of the respective cryptocurrency, and Grayscale holds a significant amount of each coin or token within the trust. Investors do not own any actual cryptocurrency by investing in a trust, but they can potentially reap the benefits of its increasing value.
By creating the Grayscale Livepeer Trust, the firm is betting on the future of the LPT token: that it will increase in value over time, and that investors will want exposure to it. As of March 2021, Grayscale owns $8.5 million worth of LPT, but the success and growth of its Bitcoin Trust is any indication, the firm could amass significantly larger sums in time.
Livepeer’s success will likely depend on its ability to scale to meet demand. If its distributed network can provide similar quality of service as centralized alternatives and do so at a fraction of the cost, then it could become a reliable option as Web3 apps and platforms grow in popularity. As of March 2021, it’s still a relatively small network, with some 47 transcoders connected to the network. Livepeer CTO Eric Tang tweeted in the same month that the service had transcoded more than 1.6 million minutes of video over the prior 30 days.
Over 1,600,000 minutes of original content created and streamed on the @LivepeerOrg network in the last 30 days. Creators + decentralization is unstoppable! pic.twitter.com/P1FolIKVQx
Livepeer eventually aims to become fully decentralized, but is currently steered by the legal entity Livepeer Inc. that founded the network. A 2017 roadmap that the official Livepeer website FAQ now calls “slightly outdated” offers a high-level look at how the network may eventually scale and gradually shed its centralized elements.
Decentralized infrastructure services could prove to be very valuable as the Web3 market grows and matures. Grayscale is betting that Livepeer will be one of the services that helps transform the streaming video market, and that vote of confidence may well help it stand out from the pack and bring in more app developers who want to tap into its decentralized network.
Chiliz ($CHZ) is a leading digital currency for sports tokenization, powering the world’s first scalable fan engagement & rewards app where fans can buy & trade branded Fan Tokens as well as vote in club-focused surveys & polls.
Chiliz.net is the world’s first cryptocurrency exchange for sports, allowing crypto-enthusiasts and traders to speculate and trade Fan Tokens.
What is the Token Ticker?
$CHZ
Will Chiliz have a public sale?
Chiliz raised all funds through private placement in 2018, meaning that there was not, & never will, be a public sale.
How much did Chiliz raise?
Chiliz raised just over $66 million through private placement in 2018.
Is Chiliz listed on exchanges? And if so, which one/s?
You can also buy $CHZ on Chiliz.net, the world’s cryptocurrency exchange for sports that allows sports fans and crypto enthusiasts to buy and sell official digital assets from some of the most recognizable brands in the sporting world.
What is the relationship between Chiliz & Binance?
$CHZ is listed on Binance, and Binance is also a strategic investor in Chiliz.
Can I work at Chiliz?
Are you passionate about sports? Or blockchain technology? Or both? If you think you’ve got what it takes to join the team, please check out our careers page here
What is Socios.com?
Socios.com is the world’s first fan influence and rewards platform that helps sport entities achieve digital transformation through blockchain technology. Socios.com is powered by the Chiliz token ($CHZ), both an ERC20 utility token on the Ethereum blockchain and BEP-2 token on Binance Chain. Fan Tokens are specific to a team or a club, and are a finite, digital asset that provides access to an encrypted, immutable ledger of voting and membership rights ownership. The tokenized fan-voting platform uses Fan Tokens, which operate on a separate permissioned side chain. The Fan Tokens are limited in number, and are fungible, meaning their ownership can be traded, and their price is driven by the market. The venture was inspired by the fan-led management frameworks or ‘socios’ of some major football clubs. Dubbed ‘Socios 2.0’, the platform simply represents the digitisation of this model of management.
Why would football clubs, esports teams and other gaming organisations partner with Socios.com?
Socios.com is building a global community of sports fans, united by their passion for the game and their passion for their team. Using innovative technology, we’re creating a closer connection between the fans and the clubs by supercharging the way they interact with their team. Through Socios.com, supporters are able to directly influence club decisions. From choosing merchandise designs, in-game banners, naming a training ground or even choosing a goal celebration song, fans vote through Socios.com and whatever the outcome, the club will honour the decision of the fans, all while earning rewards and once-in-a-lifetime experiences.
Which organisations has Socios.com partnered with?
How does a team, league, club etc join the Socios.com platform?
If you’re a team/club or league and are interested in joining Socios.com, please contact us on partnerships@socios.com
Does Chiliz have any competitors?
Despite more and more companies entering this space, Chiliz is already more than two years-old, has a product, thousands of users and unrivalled partnerships with some of the biggest names in the sporting world.
How up-to-date is your whitepaper?
Our whitepaper is modified and updated according to business needs. The history of modification is always included on the last page.
How do you plan to use your advisors & shareholders?
We have focused on securing advisors who will help us to develop the business, design our products and services and to build our network.
Technological FAQ
Why did you choose to use blockchain technology?
For us, blockchain was the most practical and eloquent way to unite the needs of maintaining voting integrity and transparency with turning voting rights into an ‘ownable’ commodity. The Chiliz token ($CHZ), is both an ERC-20 utility token on the Ethereum blockchain and BEP-2 token on Binance Chain. The tokenized fan-voting platform uses Fan Tokens, which operate on a separate permissioned side chain. The Fan Tokens have a finite supply and are fungible, meaning their ownership can be traded, and their price is driven by supply & demand in the market. Fan Tokens are specific to a team or a club, and are a finite, digital asset that provides access to an encrypted, immutable ledger of voting and membership rights ownership.
Will the Chiliz token be ERC-20 and be available on the main Ethereum network (Main Net)?
Yes, Chiliz is an ERC-20 token, available on the main Ethereum network. ERC-20 is a token standard which describes the functions and events that an Ethereum token contract has to implement. Most of the major tokens on the Ethereum blockchain are of the ERC-20 token standard.
Ethereum blockchain is permissionless. Can it work for permissioned set-ups?
Ethereum supports the Proof-of-Authority consensus mechanism. Proof-of-Authority (POA) is an alternative to Proof-of-Work, which can be used for permissioned chain set ups. POA does not depend on nodes solving arbitrarily difficult mathematical problems, but instead uses a set of ‘authorities’ — nodes that are explicitly allowed to create new blocks and secure the blockchain. The chain had to be signed off by the majority of authorities, in which case it becomes a part of the permanent record.
How do you plan to develop the ‘Votes Token’ on the permissioned chain?
There are a lot of similarities between Fan Tokens and any cryptocurrency token — both are tokens created in an Ethereum blockchain for example, in the main Ethereum network for the Chiliz token and in the Chiliz permissioned sidechain for Fan Tokens. You can view the block explorer for the Chiliz sidechain here. But the similarities don’t end there — there will be a limited supply of Chiliz; they can be owned; they can be transferred from one owner to another; they are fungible; and they have a price driven by the market. For all those reasons, Fan Tokens are minted on the Chiliz permissioned chain.
Permissioned chains are known to be chains used by R3, IBM, and others. Is there a reason to make it a private chain rather than a public chain?
There are two main reasons. Firstly, a private chain is governed by a Proof-of-Authority consensus mechanism, which is less intensive from a computational perspective than Proof-of-Work mining, which provides security but requires intensive computation. POA consensus also provides lower transaction acceptance latency. Secondly, it solves the problem with the associated cost of GAS, if we had to record all the information we intend to store in the Main Ethereum network. In our sidechain, we can control Ether supply and use it to pay the GAS for each transaction at a negligible cost for the company.
Please let us know about the advantages and disadvantages of a permissioned chain.
A POA chain is more secure (an attacker with an unwanted connection or hacked authority cannot overwhelm a network potentially reverting all transactions), less computationally intensive (Proof-of-Work mining which provides security requires lots of computation), more performant (Proof-of-Authority consensus provides lower transaction acceptance latency) and more predictable (blocks are issued at steady time intervals).
How experienced is your development team?
Our team has more than 20 years of web and platform development including major gaming and payments solutions. We embrace blockchain technology, like any other technology we have used in the past.
Will you only focus on mobile, or web too?
The Socios.com platform is currently available for mobile users on both Android and iOS and a desktop version is currently being worked on. You can download the Socios.com app from here. The Chiliz.net exchange is ALSO available on both Android and iOS and can be downloaded from here.
Is it possible to disclose regular business and blockchain development progress?
We have always been very transparent in reaching our milestones, and sharing our journey with the community, whilst still retaining commercial confidentiality, and we will continue to do this. However, we of course have to be careful that the information we share cannot be used by potential competitors in the future. We also have regular updates on our Medium channel as well as regular live AMA’s by our CEO Alexandre Dreyfus streamed on our Youtube channel.
Is there precedent for having fan controlled teams and events. Has the idea been shown to work?
In conventional sports, as mentioned above, the notion of having a large number of fans either direct top level management decisions, or — going a step further — owning small pieces of the teams they love — has existed in many different forms. In fact Socios.com is inspired by the ‘socios’ or democratic management frameworks of clubs like Real Madrid, FC Barcelona, FC Bayern Munich and even the Green Bay Packers that are the only publicly owned franchise in the NFL.
What products support CHZ?
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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.
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.
SUKU is an Ethereum token that powers the SUKU Platform, a blockchain-based ecosystem that aims to make supply chains more transparent. SUKU tokens can be used for platform governance and to reward users and SUKU node operators. SUKU Platform is also developing applications for DeFi lending and NFT marketplaces.
Supply chains run the world, but they are becoming increasingly complex, functionally limited, solied, and in need of innovation. Logistics costs are deterring businesses, companies are faced with fragmented supply chains, and millions of fraudulent products continually find their way into global markets. These challenges also lead to more serious consequences affecting the globe, such as food sourcing problems and inhumane working conditions.
SUKU is a blockchain-based ecosystem that aims to make supply chains more transparent, efficient, and accessible by offering a supply-chain-as-a-service platform to enterprises and consumers. With its intention to enhance supply chains across industries, the SUKU Platform utilizes an on-demand, open software distribution model, consisting of applications and services that are used by SUKU Trading Partners and built with SUKU Technology Partners.
Imagine a digital supply chain ecosystem that enables transparency across partners, efficiency individually, and access to technology – SUKU plans on delivering this new model.
Which products support SUKU?
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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.
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.
支持稳定币和其他加密资产的区块链域名提供商 Unstoppable Domains 的联合创始人兼 CEO Matthew Gould 对此认为：“这正是我们作为加密行业中的一部分所期待的监管类型。任何声称是美元支持的代币的人都需要在银行存有美元，而不仅仅是任何一家银行，必须是一家受美国监管的银行。”
Over the course of 2020 and the first half of 2021, the estimated 1,000 bitcoin — in the form of synthetic BTC derivatives — being used on the Ethereum network ballooned to more than 250,000 bitcoin as a direct result of DeFi’s meteoric rise in popularity. While DeFi first emerged on the Ethereum network, other blockchains such as Polkadot and Solana have gained in popularity and also serve as underlying platforms for many DeFi projects.
In response to this increasing adoption of DeFi, Badger was built to serve a growing need for the use of bitcoin in DeFi applications on these various blockchain networks.
Badger’s first product, Sett Vaults, allows users to earn yield on their synthetic BTC assets. Digg, Badger’s second product, is software that manages the DIGG token, an elastic-supply cryptocurrency pegged to the dollar price of bitcoin.
BADGER is an Ethereum-based token used for protocol governance and distribution of rewards within the Badger DAO. Although BADGER originally allowed holders to only vote on project proposals, it has since grown in utility and is now used to distribute rewards to those who manage the Sett Vaults.
Badger was founded in September 2020 by Chris Spadafora, Ameer Rosic, Albert Castellana, and Alberto Cevallos. When building its DAO infrastructure, the Badger team collaborated with dOrg, a company that specializes in building DAO-related software.
Among other accomplishments, Spadafora is the creator of the Crypto COVID19 Charity Poker Tournament, Rosic is a serial entrepreneur and cofounder of Blockgeeks.com, and Castellana is a cofounder of StakeHound. Spadafora and Rosic are currently part of the Badger operations team while Castellana and Cevallos have taken advisory roles in the project.
How does Badger DAO work?
Badger functions primarily as a DAO. Anyone who holds its governance token, BADGER, has the ability to vote on proposals set forth by members of the community. The more BADGER a user owns, the more voting power they have and proposals that garner enough votes from the community are put into effect on its platform.
Badger has integrated multiple DeFi products into its platform to help make bitcoin a usable asset across blockchains. The development team has partnered with other DeFi projects such as Yearn, Ren, and Curve to bring these products to life.
SETTs
Also known as Sett Vaults, SETTs are pools of tokens where users can lock up their tokenized bitcoin and allow smart contracts to manage their holdings to generate a yield. In other words, SETTs are Badger’s version of an automated DeFi aggregator.
When users deposit tokens into a SETT, they receive bTokens in return. For instance, if users deposit BADGER in a Sett Vault, they would receive bBADGER in return. These bTokens are interest-bearing tokens that represent the user’s share of the assets in the SETT and can be used as collateral in various DeFi applications. Anyone that deposits in a SETT will receive yield paid out in the appropriate token (based on the parameters laid out in that specific SETT) along with BADGER tokens. BTokens can then be traded back for the original asset along with any earnings (minus a fee).
DIGG
DIGG is a decentralized “elastic-supply” cryptocurrency, pegged to the price of bitcoin.
Digg’s software programmatically adjusts the supply of its DIGG cryptocurrency through smart contracts that expand or contract the circulating DIGG supply in response to fluctuations in the price of bitcoin.
If demand for DIGG is high, the price of each token may exceed the price of one BTC so the Digg protocol automatically increases the supply of DIGG to bring its price back down in line with the market price of BTC. If the demand is low, the Digg protocol automatically decreases the supply of DIGG to have the inverse effect. The process of programmatically adjusting supply to change an asset’s price is called ‘rebasing’ and is applied across all wallets that hold DIGG tokens.
While the supply of DIGG is constantly changing in an “elastic” fashion, a token holder’s proportion of the total supply of DIGG remains stable. In other words, if you held 1% of all DIGG tokens before a rebasing event, you would still hold the same percentage of coins after the rebasing.
DIGG can be used in DeFi protocols just like any other token, and can also be deposited into SETTs to generate a yield for its holders.
