Battle of the Bankrupts as FTX Demands $446M From Voyager Digital

The Worst Crypto Stories of 2022

Podcast: CMC 50, Part 5 — The Biggest 50 Crypto Stories of 2022! Voyager, Saylor's Taxes, Tesla Sells BTC

15 Crypto Companies We've Lost in 2022

Crypto News: Potentially Good News for Voyager Customers — Or At Least, Not as Bad as Feared

## वोयाजर टोकन (VGX) क्या है?
 
 वोयाजर टोकन एक क्रिप्टोकरेंसी ब्रोकर है जो निवेशकों को क्रिप्टो एसेट ट्रेडिंग के लिए एक विश्वसनीय और सुरक्षित पहुंच बिंदु प्रदान करता है। वोयाजर को क्रिप्टो परिसंपत्तियों के व्यापार के लिए एक त्वरित समाधान के साथ खुदरा और संस्थागत निवेशकों दोनों की सेवा के लिए बनाया गया है।
 
 अक्टूबर 2018 में लॉन्च हुई क्रिप्टो ब्रोकरेज सेवा, अब 55 से अधिक क्रिप्टो संपत्तियों का समर्थन करती है और इसमें एक अद्वितीय स्मार्ट ऑर्डर रूटिंग तकनीक है जो इसे एक दर्जन से अधिक क्रिप्टो एक्सचेंजों से जोड़ती है। वोयाजर टोकन का मोबाइल ऐप जनवरी 2019 में लॉन्च हुआ, जिससे उपयोगकर्ताओं के लिए क्रिप्टो का व्यापार करना और भी आसान हो गया।
 
 ब्रोकरेज के मूल टोकन, वोयाजर टोकन (VGX), का उपयोग वोयाजर इकोसिस्टम के भीतर उपयोगकर्ताओं को पुरस्कृत करने के लिए किया जाता है। वोयाजर ऐप में आयोजित होने पर VGX भी रुचि पैदा करता है, कैशबैक पुरस्कार और वोयाजर उपयोगकर्ताओं के लिए विशेष रूप से अन्य सेवाएं प्रदान करता है।
 
 वोयाजर 100 प्रतिशत कमीशन-मुक्त लेनदेन भी प्रदान करता है - जिसमें खरीदना और बेचना शामिल है। प्लेटफॉर्म पर ऑर्डर निष्पादित करते समय व्यापारियों को केवल उद्धृत मूल्य का भुगतान करना होता है।
 
 ### वोयाजर टोकन के संस्थापक कौन हैं?
 
 वोयाजर टोकन की मूल कंपनी क्रिप्टो ट्रेडिंग टेक्नोलॉजीज का नेतृत्व ऑनलाइन ब्रोकरेज सेवाओं में अनुभव वाले समूह द्वारा किया जाता है। इस परियोजना की स्थापना संयुक्त रूप से स्टीफन एर्लिच, फिलिप ईटन, गैसपार्ड डी ड्रूजी और ऑस्कर सालाजार ने की थी।
 
 फाउंडेशन के मुख्य कार्यकारी अधिकारी स्टीफन एर्लिच ब्रोकरेज और वित्तीय बाजार में एक अनुभवी हैं जो इक्विटी और विकल्प व्यापारियों के लिए ट्रेडिंग प्लेटफॉर्म विकसित करने में विशेषज्ञता रखते हैं। वह लाइट्सपीड फाइनेंशियल के संस्थापक और ई * ट्रेड प्रोफेशनल ट्रेडिंग LLC के पूर्व सीईओ हैं।
 
 वोयाजर फाउंडेशन के अध्यक्ष फिलिप ईटन ने मॉर्गन स्टेनली में टेलीकॉम M&A विश्लेषक और सेर्बरस कैपिटल में पोर्टफोलियो मैनेजर के रूप में शुरुआत की। वह डिजिटल हेल्थकेयर स्टार्टअप पेजर के सह-संस्थापक हैं। वह उबर, सोर्स और लाइवस्ट्रीम के संस्थापक निवेशकों में से एक हैं।
 
 Gaspard de Dreuzy वोयाजर फाउंडेशन के लिए बोर्ड के सदस्य के रूप में कार्य करते है। ब्रोकरेज और वित्तीय बाजार में एक अनुभवी, उन्होंने वार्नर म्यूजिक के सलाहकार के रूप में अपना करियर शुरू किया। वह Capitall, Trade.it और पेजर के सह-संस्थापक भी हैं।
 
 ऑस्कर सालाज़ार ग्राहक-संचालित मोबाइल एप्लिकेशन के एक निवेशक और अनुभवी डेवलपर है। उन्हें उबर के फाउंडिंग आर्किटेक्ट और मुख्य तकनीकी अधिकारी होने के लिए जाना जाता है। वह डिजिटल हेल्थकेयर स्टार्टअप के सह-संस्थापक भी हैं।
 
 ### क्या बनता है Voyager Token को सबसे अलग?
 
 वोयाजर ने क्रिप्टो ट्रेडिंग के लिए एक नेटवर्क बनाया है जो पारंपरिक ऑनलाइन ब्रोकरेज ग्राहकों के समान उल्लेखनीय रूप से महसूस करता है। वोयाजर ने 2019 में स्मार्टफोन उपयोगकर्ताओं के लिए एक आसान, लेकिन कुशल क्रिप्टो ब्रोकरेज सेवा लाने के लिए अपना मोबाइल ऐप लॉन्च किया।
 
 वोयाजर टोकन एक स्मार्ट ऑर्डर रूटिंग तकनीक का उपयोग करता है जो क्रिप्टोकरेंसी एक्सचेंजों पर सूचीबद्ध कीमतों के बीच विसंगतियों का लाभ उठाता है। यह तकनीक निवेशकों को उनके लेनदेन के लिए उपलब्ध सर्वोत्तम विनिमय दर चुनने के लिए एक दर्जन से अधिक क्रिप्टो एक्सचेंजों के साथ तुरंत जुड़ने में मदद करती है।
 
 इस सुविधा का मतलब यह भी है कि निवेशक विभिन्न क्रिप्टो एक्सचेंजों में बोली और पूछी गयी कीमतों और तरलता के उच्च स्तर के बीच फैलाव का मूल्यांकन कर सकते हैं। व्यापारियों के लिए, पदों में प्रवेश करना और बाहर निकलना बहुत आसान हो जाता है।
 
 हालांकि यह प्लेटफॉर्म पेशेवर ट्रेडिंग सेवाएं प्रदान करता है, लेकिन इसका उपयोग करना बहुत आसान है। ऑर्डर जमा करने में वोयाजर के स्मार्ट ऑर्डर रूटिंग द्वारा सहायता प्रदान की जाती है। एक सिक्का या टोकन, ऑर्डर का प्रकार, और यूएसडी में खरीदी जाने वाली संपत्ति की राशि का चयन करने के बाद, वोयाजर का स्मार्ट ऑर्डर रूटिंग स्वचालित रूप से ऑर्डर भर देता है।
 
 #### संबन्धित पेज:
 
 [Troy (TROY) के](https://coinmarketcap.com/hi/currencies/troy/) बारे में जानें
 
 [क्रिप्टोकरेंसी में निवेश](https://coinmarketcap.com/alexandria/article/9-things-to-know-before-investing-in-cryptocurrency) करने से पहले जानने योग्य नौ बातें
 
 [CMC अलेक्जेंड्रिया](https://coinmarketcap.com/alexandria/article/9-things-to-know-before-investing-in-cryptocurrency)के साथ क्रिप्टोकरेंसी के बारे में जानें
 
 [CoinMarketCap ब्लॉग](https://blog.coinmarketcap.com/) पर नवीनतम पोस्ट पढ़ें
 
 ### कितने Voyager (VGX) टोकन प्रचलन में हैं?
 
 अन्य क्रिप्टो ब्रोकरेज प्लेटफॉर्म के मूल टोकन की तरह, वोयाजर टोकन सभी जारी किए गए हैं। इसका मतलब है कि ये प्रचलन में है। इस दृष्टिकोण को अपनाने वाली अन्य ब्रोकरेज सेवाओं में [बिनेंस (BNB)](https://coinmarketcap.com/hi/currencies/binance-coin/) और [ट्रॉय (TROY) शामिल हैं](https://coinmarketcap.com/hi/currencies/troy/)।
 
 ब्रोकर्स द्वारा दर्ज की गई उच्च तरलता दर के कारण ऐसे टोकन की अधिकतम आपूर्ति परिसंचारी आपूर्ति का प्रतिनिधित्व करती है। VGX टोकन की अधिकतम आपूर्ति और परिसंचारी आपूर्ति 222,295,208 टोकन पर सेट की गई है, और अधिक टोकन जारी करने की तत्काल कोई योजना नहीं है।
 
 ### वोयाजर नेटवर्क कैसे सुरक्षित है?
 
 वोयाजर टोकन ईथीरियम नेटवर्क पर चलने वाले [ERC-20](https://coinmarketcap.com/alexandria/glossary/erc-20) टोकन के रूप में जारी किए गए थे। ERC-20 टोकन होने के नाते, VGX को पारंपरिक प्रूफ-ऑफ-वर्क क्रिप्टो संपत्ति की तरह खनन नहीं किया जा सकता है।
 
 नेटवर्क अत्यधिक उच्च स्तर की सुरक्षा सुनिश्चित करने के लिए ईथीरियम के अच्छी तरह से परीक्षण किए गए क्रिप्टोग्राफिक मानकों और विधियों का लाभ उठाता है। इसके अलावा, इसमें [उन्नत सुरक्षा के लिए पब्लिक की(key) क्रिप्टोग्राफी के](https://coinmarketcap.com/alexandria/article/private-keys-the-keys-to-your-crypto) साथ-साथ इलिप्टिक की(key) क्रिप्टोग्राफी शामिल है।
 
 वोयाजर एक सार्वजनिक रूप से कारोबार करने वाला और लाइसेंस प्राप्त क्रिप्टो-एसेट ब्रोकर है, जिसे Financial Industry Regulatory Authority, Inc (FINRA) से अनुमोदन प्राप्त हुआ है। सुरक्षा और नियामक कारणों से, वोयाजर का सार्वजनिक रूप से ऑडिट भी किया जाता है ताकि प्रत्येक संपत्ति का लेखा-जोखा रखा जा सके।
 
 ### आप वोयाजर टोकन (VGX) कहां से खरीद सकते हैं?
 
 वोयाजर टोकन एक मोबाइल-केंद्रित ब्रोकरेज टोकन है। Voyager टोकन में व्यापार के लिए शीर्ष एक्सचेंज वर्तमान में हैं:
 
 [Binance](https://coinmarketcap.com/hi/exchanges/binance/)
 
 [Unisawp v2](https://coinmarketcap.com/hi/exchanges/uniswap-v2/)
 
 [HitBTC](https://coinmarketcap.com/hi/exchanges/hitbtc/)
 
 [ATOMARS](https://coinmarketcap.com/hi/exchanges/atomars/)
 
 वोयाजर टोकन के साथ-साथ अन्य क्रिप्टोकरेंसी पर विश्वसनीय अपडेट प्राप्त करने के लिए, [CoinMarketCap के दैनिक समाचारों को](https://coinmarketcap.com/headlines/news/) फॉलो करें।
 
 यहां कुछ अन्य लेख दिए गए हैं, जिनमें आपकी रुचि हो सकती है:
 
 * [Crypto Faucet क्या है?](https://coinmarketcap.com/alexandria/article/what-is-a-crypto-faucet)
 * [क्रिप्टो डेबिट कार्ड क्या हैं?](https://coinmarketcap.com/alexandria/article/what-are-crypto-debit-cards)
 * [वेब 3.0 क्या है?](https://coinmarketcap.com/alexandria/article/what-is-web-3-0)
 * [यील्ड फार्मिंग(Yield Farming) क्या है?](https://coinmarketcap.com/alexandria/article/what-is-yield-farming)
 * [क्रिप्टो ऋण(Crypto Lending) क्या है?](https://coinmarketcap.com/alexandria/article/what-is-crypto-lending)

Voyager Token

Ledger

Trust Wallet

MetaMask

Atomic wallet

Welcome to Voyager Token's Community channel aggregated by CoinMarketCap.

Ethereum

Shiba Inu

Chainlink

UNUS SED LEO

Uniswap

Robonomics.network

TrustSwap

Dvision Network

Zynecoin

ParagonsDAO

Hegic

GameSwift

ABBC Coin

Quiztok

TRVL

Ten Best Coins

OX Coin

Medifakt

Pond Coin

Origin Ether

Ren (REN) is an open protocol built to provide interoperability and liquidity between different blockchain platforms.

To learn more about this project, check out our deep dive of Ren.

Formerly known as Republic Protocol, Ren launched RenVM, its virtual machine mainnet, in May 2020, having completed a $34 million initial coin offering (ICO) in 2018.

The protocol’s native token, REN, functions as a bond for those running nodes which power RenVM, known as Darknodes.

Ren aims to expand the interoperability, and hence accessibility, of decentralized finance (DeFi) by removing hurdles involved in liquidity between blockchains.

Celsius (CEL) is an all-in-one banking and financial services platform for cryptocurrency users.

Launched in June 2018, it offers rewards for depositing cryptocurrency, along with services such as loans and wallet-style payments.

Users of the platform receive regular payouts and interest on their holdings. Celsius’ native token, CEL, performs a variety of internal functions, including boosting user payouts if used as the payment currency.

Celsius

Bancor is an ecosystem of decentralized, open-source protocols that promote on-chain trading and liquidity.

Its main protocol, Carbon, is a decentralized trading protocol allowing users to perform automated trading strategies using custom on-chain limit orders and range orders, with the option of combining orders together to create automated buy low, sell high strategies.

By design, Carbon orders are irreversible on execution, easily adjustable directly on-chain, and resistant to MEV sandwich attacks. These capabilities give users an unprecedented level of control and automation to perform novel trading strategies on-chain.

Fast Lane, a separate open-source arbitrage protocol, allows any user to perform arbitrage between Bancor ecosystem protocols and external on-chain exchanges and redirect arbitrage profits back to the Bancor ecosystem.

All Bancor ecosystem protocols are governed by the BancorDAO via staked BNT.

Bancor

Founded in 2015, StormX is one of the first global cryptocurrency-based solutions to reach worldwide markets. As a mobile app and browser extension, StormX aims to bring users cashback in crypto for most of their online purchases. With enterprise partners like Samsung, Nike and Lego. StormX also allows users to stake the native STMX token to boost their rewards.

The company has already attracted investments from Blockfolio, Litecoin Foundation and Kyber Network. StormX has successfully developed its product and has become an industry leader in the crypto cashback community. The company is also catching users’ attention by offering cashback of up to 87.5% for some purchases.

StormX

OMG Network, formerly known as OmiseGo, is a non-custodial, layer-2 scaling solution built for the Ethereum blockchain. As an Ethereum scaling solution, OMG Network is designed to allow users to transfer ETH and ERC20 tokens significantly faster and cheaper than when transacting directly on the Ethereum network.

The network is based on a novel scaling solution called MoreViable Plasma, which uses a sidechain architecture to group several transactions off-chain into a batch, which can then be verified as a single transaction on the Ethereum root chain. According to OMG Network, this technology has the potential to scale Ethereum to thousands of transactions per second (TPS) — instead of the 10 to 14 tps Ethereum 1.0 is currently capable of.

The network is powered by the OMG utility token, which can be used as one of the payment methods for fees on the OMG Network, and will eventually be stakable — helping to secure the network in return for rewards.

OMG Network

Apps use ICON to operate cross-chain seamlessly, build momentum and gain reputation. ICON's Cross-Chain Framework simplifies cross-chain development with its easy-to-use xCall messaging standard and connections to secure bridging protocols.

ICON

LRC is the Ethereum-based cryptocurrency token of Loopring, an open protocol designed for the building of decentralized crypto exchanges.

In 2020, the average daily trading volume of the entire cryptocurrency market fluctuated in the approximate range of $50-$200 million. Most of that trading is conducted on centralized cryptocurrency exchanges — online platforms operated by private companies that store users’ funds and facilitate the matching of buy and sell orders.

Such platforms have a number of downsides common to all of them, so a new type of exchange — decentralized— has emerged to try to alleviate these disadvantages. However, fully decentralized exchanges are not without their own flaws.

Loopring’s purported goal is to combine centralized order matching with decentralized on-blockchain order settlement into a hybridized product that will take the best aspects of both centralized and decentralized exchanges.

LRC tokens became available to the public during an initial coin offering (ICO) in August 2017, while the Loopring protocol was first deployed on Ethereum mainnet in December 2019.

Loopring

Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin's flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores.

Enjin allows game developers to tokenize in-game items on the Ethereum blockchain. It uses Enjin Coin, an ERC-20 token, to back the digital assets issued using its platform, meaning that items can be bought, sold and traded with real-world value.

Enjin Coin was first announced in July 2017, and it launched on the Ethereum mainnet in June 2018.

Enjin Coin (ENJ) is a digital store of value used to back the value of blockchain assets like non-fungible tokens (NFTs).
Every asset minted with the Enjin Platform contains ENJ, a minting resource which is locked inside NFTs and removed from circulation. Minting blockchain assets with ENJ provides a variety of benefits to creators and users:

Infuses them with a reserve value

Ensures their transparency and scarcity

Gives them instant liquidity

Provides utility in games and apps

Anti-inflationary

Enjin's "melting" functionality allows users to destroy their blockchain assets at any time to retrieve the ENJ value from within.

The Enjin blockchain ecosystem aims to offer software products that make it easy for everyone to develop, trade, monetize, and market with blockchain.

Founded in 2009, Enjin has roots in the gaming industry, with the company’s first product, a gaming community platform called the Enjin Network, growing to 20 million users over the course of a decade.

In 2017 following an ICO, Enjin established itself as a leading blockchain ecosystem developer, building a suite of software products that enable anyone to easily mint, manage, trade, distribute, and integrate blockchain assets.

Enjin’s co-founder Witek Radomski wrote the code for one of the first ever non-fungible tokens (NFTs) and is also the co-author of the ERC-1155 Ethereum token standard.

Built on top of an on-chain infrastructure, the Enjin ecosystem enables game developers and businesses of all sizes to use tokenized digital assets as part of their acquisition, retention, engagement, and monetization strategies. The Enjin ecosystem is fueled by Enjin Coin (ENJ), a cryptocurrency used to back the value of blockchain assets.

Enjin Coin

Origin Protocol develops web3 technologies with the intention of bringing non-fungible tokens (NFTs) and decentralized finance (DeFi) to the masses. The protocol’s unique tooling and diverse partnerships help in realizing these goals. Origin Protocol has two flagship products: Origin Story (governed by OGN), and Origin Dollar (governed by OGV).

Origin Story is a white label NFT marketplace solution that works with disrupters in various sectors by leveraging non-fungible tokens. The platform hosts NFT marketplaces and tooling in various industries, including the real estate, profile picture, music, art and entertainment industries.

Some of Origin Story’s partners include Roofstock onChain, Pudgy Penguins, Sappy Seals, Paris Hilton, 3LAU, BT, Inspiration4, and The Doge Pound. Origin Story Marketplaces seek to cast a wide net in various industries being impacted by NFTs, rather than focusing on any one area in particular. Investors may see OGN as the ‘picks and shovels’ approach to investing in NFTs.

Origin Protocol

Billed as "digital money for the modern world," nano is a lightweight cryptocurrency that is designed to facilitate secure, practically instant payments, without fees, and addresses some of the major limitations of both legacy financial infrastructure, and many modern cryptocurrencies.

Development of the project began in 2014 under the name RaiBlocks, and the coin (then termed XRB) launched the following year through a public faucet, which allowed users to claim small amounts of XRB after completing a captcha challenge. Anyone with access to a computer or phone could solve captchas, and be rewarded with RaiBlocks. The number of XRB people received per solved captcha varied over time

RaiBlocks (XRB) was rebranded to Nano in January 2018, with the new name chosen to better represent the speed and simplicity the project offers to users.

It is a peer-to-peer platform that uses a unique block-lattice data structure to allow users to easily transfer value to one another without relying on centralized intermediaries.

Unlike other platforms which typically use the combined proof-of-work of a massive mining network to achieve consensus, nano instead uses a system known as Open Representative Voting (ORV) — which sees account holders vote for their chosen representative, who then work to confirm blocks of transactions securely.

ORV makes Nano extremely energy efficient, positioning it as a more environmentally friendly alternative to proof-of-work (POW)-based cryptocurrencies.

In November, 2021, aiming to bring nano to the real world and to comply with the globally-recognized standards of the International Organisation for Standardisation (ISO) requirements, nano adopted a new ticker and a standard symbol: XNO and Ӿ.

Nano

Audius is a decentralized music streaming protocol initially built on POA network, but now living on Solana. Audius was launched to remedy the inefficiencies of the music industry, which is plagued by intransparent music rights ownership and intermediaries standing between artists and their audience.

Audius aims to align the interests of artists, fans, and node operators through its platform powered by its native AUDIO token. Artists can upload music, stored and distributed by content and discovery nodes, that fans can listen to for free. Currently, Audius rewards content creators through rewards like featuring in the weekly trending lists. In the future, it plans to integrate stablecoins for artists to offer paid content, as well as artist tokens that give fans the ability to access exclusive content, potentially cooperating with platforms like Rally.

Audius

WAX (WAXP) is a purpose-built blockchain, released in 2017, that is designed to make e-commerce transactions faster, simpler and safer for every party involved. The WAX blockchain uses delegated proof-of-stake (DPoS) as its consensus mechanism. It is fully compatible with EOS.

The custom features and the incentive mechanisms developed by WAX are intended to optimize the blockchain’s utility specifically for use in e-commerce, with the goal of encouraging voting on proposals.

To make this possible, WAX created a suite of blockchain-based tools which decentralized application (DApp) marketplaces and non-fungible tokens can be built upon.

Services such as WAX Cloud Wallet, SSO and OAUTH support e-commerce operations, the latter being a native RNG service and a developer portal. WAX’s blockchain architecture supports 500-millisecond block time and zero-fee transactions for customers. It also makes use of voting rewards to incentivize participation in the selection of block producers and improvement proposals.

Serum is a decentralized exchange (DEX) and ecosystem that brings unprecedented speed and low transaction costs to decentralized finance (DeFi). (DeFi).

Serum is the only high-performant DEX designed around a fully on-chain central limit order book and matching engine. Ecosystem partners can compose with Serum’s on-chain orderbook to share liquidity and power their trading features for institutional and retail users.

In light of the popularity of DeFi and the growth of DEXes on Ethereum, users and developers are limited by high gas costs and slow transactions. Serum aims to resolve these traditional problems of DeFi, as well as issues of centralization, low capital efficiency, and liquidity segmentation.

The SRM utility and governance token enables users to receive discounts on protocol fees and voting rights; 100% of exchange fees flow back to SRM via buy-and-burn, staking rewards, and ecosystem grants.

Serum

Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). The network aims to innovate the way decentralized applications work by focusing on random state sharding, which allows creating blocks in seconds.

According to the project’s website, Harmony is expected to introduce cross-shard contracts and a cross-chain infrastructure by the end of 2021.

Harmony

FTT is the native cryptocurrency token of the crypto derivatives trading platform FTX that launched on May 8, 2019. On Nov. 11, 2022, FTX filed for Chapter 11 bankruptcy protection in the U.S., and is currently undergoing proceedings. Some of the information below may not reflect the current standings of the FTX exchange, please proceed with caution when interacting with the FTT token.

The team behind FTX comprises some of the largest crypto traders over the past few years who, having found issues with most mainstream crypto futures exchanges, decided to launch their own platform. FTX claims that it stands out due to such features as clawback prevention, a centralized collateral pool and universal stablecoin settlement. FTX is a centralized crypto exchange launched by Sam Bankman-Fried in 2019, backed by significant trading companies in the industry, including Almeda Research, OTPP, Temasek, BlackRock, Coinbase Ventures and Sequoia Capital. As of 2022, the platform has over a million registered members, and the daily trading volume has reached billions of dollars.

In regards to clawback prevention, a significant amount of customer funds on other derivative exchanges have been claimed by socialized losses. FTX reduces this by using a three-tiered liquidation model.

On existing crypto futures exchanges, the collateral is fragmented across separate token wallets; this can be difficult for traders as it prevents positions from getting liquidated. On the other hand, FTX derivatives are stablecoin-settled and only require one universal margin wallet.

Another feature of the FTT are leveraged tokens, which allow traders to put leveraged positions without the need to trade on margin. If a trader wants to short Bitcoin with 3x leverage, they can simply buy a 3x short Bitcoin leveraged token on FTX. These tokens are ERC20-compatible and can be listed on any spot exchange. FTX currently offers XRP, BNB, TRX, BTC, ETH, EOS, USDT and LEO leveraged tokens.

A year after its founding, FTX Exchange introduced the exchange token called FTX Token or FTT. The FTT coin is an ERC-20 standard token that is actively used by ecosystem participants.

Initially, FTT was established as a reward for exchange transactions; however, over the years the list of functions has grown:

FTT is applicable in the creation of leveraged tokens on the FTX Exchange; users can receive VIP discounts in the form of FTT depending on the number of coins they own, and it’s possible to earn rewards for providing liquidity through futures positions.

In order to maintain its value, the exchange regularly buys back and burns its tokens, spending on the purchase of FTX: 33% of trading fees, 10% of the reserve fund, and 5% of other commissions.

FTT Token use cases:

1/3 of the commissions received from transactions on FTX are utilized to buy back FTT. Tokens redeemed in this way are burned;

FTT tokens are used to reduce trading fees and to secure futures positions;

Profits from massive market movements are distributed among the holders;

By purchasing a white label version of FTX’s OTC portal and futures market, institutions and investors pay expenses in FTT tokens;

By creating leveraged tokens, projects can pay listing fees with FTT;

Users can stake FTT to benefit from discounts, bonus votes, and blockchain fee waivers.

One benefit of FTX Token (FTT) is commission discounts. Members pay a low fee and obtain tighter spreads. Traders use FTT as collateral, and those who are active on FTX Exchange see percentage differences of up to 60%. Traders get insurance protection, which ensures a net profit in moments of market volatility, then makes it possible to continue trading even without a margin call.

In addition to the fact that FTT is useful for opening positions with leverage, FTT staking also offers perks: discounts, the opportunity to win NFTs, participation in airdrops, bonus votes and IEO tickets.

FTX Token

Self-described as "Polkadot's wild cousin," Kusama is an experimental blockchain platform that is designed to provide a massively interoperable and scalable framework for developers.

Kusama is built on Substrate — a blockchain building kit developed by Parity Technologies. Kusama has almost the same codebase as Polkadot — one of the most successful interoperable blockchains.

By deploying on Kusama, fast-paced projects gain access to a highly scalable, interoperable sharded network, with features that are not yet available on Polkadot. To that end, Kusama describes itself as a “canary network.”

The platform is designed to provide a testbed for developers looking to innovate and deploy their own blockchain and can be used as a preparatory network before launching on Polkadot — though many projects opt to stick with Kusama for their final product.

Kusama benefits from a low barrier to entry for deploying parachains, low bond requirements for validators, and is most commonly used by early-stage startups and for experimentation.

Kusama

0x is an infrastructure protocol that allows users to easily trade ERC20 tokens and other assets on the many different blockchains (including Ethereum) without relying on centralized intermediaries. It is a protocol for decentralized exchange.

0x achieves this decentralized exchange functionality using a collection of open-source, publicly auditable smart contracts that work together to produce a flexible, low-friction trading protocol that developers can easily weave into their products.

The protocol is used by companies building web3 apps such as wallets, DEXes, portfolio trackes, and others. It is a used by hundreds of developers for their projects. The protocol has facilitates over $200B in trading volume since its inception. One can track its usage in its dedicated https://explorer.0x.org/.

The protocol is powered by an ERC20 governance token known as ZRX. ZRX holders can participate in protocol governance, having direct power over protocol changes and its community treasury.

0x Protocol

REQ is listed on Coinbase, Binance, crypto.com, KuCoin and many other exchanges.

The REQ token powers the Request Network open-source protocol via a few mechanisms: anti-spam; governance; staking; discounts; independency.

The Request (REQ) utility token, launched in 2017, ensures the performance and stability of the Request Network. The Request Network itself is an Ethereum-based decentralized payment system where anyone can request a payment and receive money through secure means. It removes the requirement for third parties in order to provide a cheaper, more secure payment solution that works with all global currencies.

The original whitepaper is available here.

When a user creates a request for payment, they define to which address the payment needs to be allocated and what the amount is. The user can also define the terms and conditions of the payment, upgrading a simple request into an invoice. Once this is completed, the user can share their request to be paid by their counterparty.

Every step is documented and stored on the Request Network, allowing everyone involved to easily keep track of all the invoices and payments for accounting purposes.

Request is also integrated with legislation across the world to remain compliant with the trade laws of each individual country.

Request

Ontology is a project designed to bring trust, privacy, and security to Web3 through decentralized identity and data solutions. It is building the infrastructure to provide trusted access to Web3, allowing individuals and enterprises to rest assured that through regulatory compliant digital identity solutions, users and their privacy come first.

The Ontology blockchain is a high speed, low cost public blockchain. It is designed to bring decentralized identity and data solutions to Web3, with the goal of increasing privacy, transparency, and trust. To achieve this, users and enterprises are provided with the flexibility to build blockchain-based solutions that suit their needs, while also ensuring regulatory compliance. Through Ontology’s Ethereum Virtual Machine (EVM), Ontology ensures frictionless compatibility with Ethereum, the first step in the creation of the Ontology Multi-Virtual Machine and further interoperability for the chain.

At its launch, Ontology chose to forego the popular initial coin offering (ICO) model in favor of a series of community distributions and airdrops of its ONT cryptocurrency.

This helped to quickly establish both organic price discovery and a passionate community and helped the project to avoid subsequent regulatory scrutiny.

For example, for a brief period any person who signed up for the Ontology newsletter received an airdrop of free 1,000 ONT, which reached a value of $10 per token soon after the token became listed on major exchanges like Binance.

Ontology launched its own MainNet on June 30, 2018 and has been up and running smoothly since.

Ontology

Qtum (pronounced ‘“quantum”)  is a proof-of-stake (PoS) smart contract open-source blockchain platform and value transfer protocol. It aims to bring together the strengths of Bitcoinand Ethereumin one chain. Qtum is built on Bitcoin's UTXO transaction model, with the added functionality of smart contract execution and DApps. Recently, the platform added support for DeFi applications. As of March 2021, there are more than 20 tokens created on the Qtum blockchain.

To learn more about this project, check out our deep dive of Qtum.

The project was announced in March 2016 and held an ICO a year after, in March 2017, which brought its founders $15 million USD. The Qtum main chain was released on Sept.13, 2017. Initially, the Qtum coin was issued as a ETH-20 token, but with the launch of the mainnet, it was converted to native blockchain.