CoinEx Weekly Recap, 16–22 Aug 2021
Dear CoinEx users, to keep you updated each week, we will share with you a recap of all the exciting events of the previous week. Below are major events that occurred in the ecosystem from 16th to 22nd August 2021.
Vite is a general smart contract development platform, the public chain. Different from the structure of most public chains, Vite uses DAG (directed acyclic graph) ledger organization, using snapshot chain structure, HDPos (hierarchical authorization proof of equity). The consensus mechanism has the characteristics of fast transaction speed, good scalability and more security.
The Oasis Network is a Layer 1 decentralized blockchain network designed to be uniquely scalable, privacy-first and versatile. The Network has two main architectural components, the Consensus Layer and the ParaTime Layer.
PlayDapp is a Blockchain-Powered Gaming Entertainment Ecosystem. It is a dApp game portal that provides C2C Marketplace. All PlayDapp games are interoperable thus providing a portfolio of game content that gamers can enjoy with their non-fungible tokens(NFT). Gamers can also trade their characters and items in the C2C marketplace in addition to increasing the value of the NFT by leveling up, strengthening, and amalgamating them.
Frontier is a decentralized financial application aggregation platform that supports multiple public chains. It is currently a wallet, but does not provide password management functions. It aims to provide users with better DeFi through aggregation functions. The team is currently developing a DPOS based mechanism The public chain is used for decentralized password management.
Ultra is the a blockchain-based entertainment platform providing all key games industry services under a single roof, accessible through a single login. Built around PC game distribution platform, Ultra Games will provide access to countless centralized and decentralized services: Discover, buy, play and sell games and in-game items, watch live-streaming feeds, interact with users’ favorite influencers, participate in contests, compete in tournaments and much more.
BitDAO is one of the largest DAO (Decentralized Autonomous Organization) in the world. BitDAO’s vision is a future of open finance and a decentralized crypto economy.
WHALE is a social currency that is backed by tangible and rare NFT assets, while embodying scarcity through definitive limited issuance. The launch value of each $WHALE being underpinned by a basket of some of the rarest and most sought after Non-Fungible Tokens (NFTs) in the industry (“the $WHALE Vault”). NFT Assets in the $WHALE Vault include some of the rarest NFTs from Gods Unchained, Rare Digital Art (CryptoArt), Cryptovoxels, Sandbox, Avastars and CryptoMotors (CM), among others.
SuperRare is a peer-to-peer marketplace for non-fungible tokens (ERC-721 NFTs) built on Ethereum, which is a marketplace to collect and trade unique, single-edition digital artworks. Each artwork is authentically created by an artist in the network, and tokenized as a crypto-collectible digital item that you can own and trade. SuperRare’s mission has always been to empower the next generation of artists through technology, enabling beauty and inspiration for the world to enjoy.
MOBOX is a community-driven GameFi platform empowering users by rewarding them for their engagement and enjoyment. By using innovative tokenomics ($MBOX allocation), utilizing finance and games. Whilst also combining the best of DeFi and NFTs to create a truly unique and everlasting FREE TO PLAY, PLAY TO EARN ECOSYSTEM.
As a global and professional cryptocurrency exchange service provider, CoinEx was founded in December 2017 with Bitmain-led investment. It is a subsidiary brand of the ViaBTC Group, which owns one of the largest BTC mining pools, which is also the largest of BCH mining, in the world.
CoinEx supports perpetual contract, spot, margin trading, and other derivatives trading, and its service reaches global users in nearly 100 countries/regions with various languages available, such as Chinese, English, Korean and Russian.