Lately, crypto analyst Aaron Arnold, Co-Founder and sponsor of this “Altcoin Daily” YouTube station, appeared at five cryptoassets that have “moon possible” this month.
Mina Protocol ($MINA)
The group behind Mina Protocol claims that it is”a layer one protocol designed to deliver on the original promise of blockchain — accurate decentralization, scale and safety.” Mina tries to attain this”accurate decentralization” by”substituting the blockchain having a readily verifiable, consistent-sized cryptographic proof.”
Here are some additional information:
“Mina dramatically reduces the number of information each user needs to download. Rather than verifying the whole chain from the beginning of time, participants completely confirm the system and trades using recursive zero knowledge proofs (or even zk-SNARKs). Nodes can then store the little evidence, as opposed to the whole chain. And because it is a consistent size, Mina stays available — even as it climbs to a lot of users and collects years of transaction information. ”
Arnold says:
“Their blockchain will remain 22 kilobytes forever… More than this, each user acts as a full node so decentralization and permissionlessness is important to them. ”
The TronPad team states that they have”the sole IDO platform built and partnered with the Tron Network.” Beneath , they explain what’s special about their platform:
“Among the fundamental flaws of present launchpads is getting enough tokens to take part in the ecosystem could be prohibitive. This may be based on a first come first serve basis where automated bots can fill out the whitelist spots in a matter of minutes. TronPad addresses this problem and is designed for fair decentralized launches.
“The hallmark of TronPad is a two-round system, composed of an open public lottery with no requirement for holding tokens, a participation lottery for lower levels and guaranteed allocation for higher levels. Any of the allocation which is not purchased in time is then offered on a’first come first served’ basis. ”
Olympus has been “a decentralized book currency protocol” which “utilizes Treasury Reserves to enable long-term price consistency and lack within an infinite supply system.”
Olympus is:
- Backed by resources (“Each OHM is backed by DAI and OHM-DAI LP from the treasury. This inherent value cannot be diluted, providing a fundamental check on inflation.”)
- Algorithmically managed (“Olympus has an adjustable policy state, allowing the DAO to correct parameters and algorithmically maximize for stability or growth.”)
- Community-governed (“Olympus is a DAO first job actively working toward total distribution of this machine into the community.”)
Fear Coin ($FEAR)
Fear is an Ethereum-powered “made by Netcreeper Media Limited which has been engaged in the game publishing and development industry for 20 years.” Fear NFTs are all “game skins, map expansion packs, and game items like weapons.” The FEAR utility market “provides loyalty incentives, however, the game is available even with fiat.”
Arnold says:
“You can see a lot of YouTubers with millions and millions of views and millions and millions of followers enjoying with their first game named Whack It… Therefore, they already have this successful game that tons of individuals play and a lot of people stream and today they are essentially integrating NFTs and gambling with Fear. ”
Virtue Poker ($VPP)
Virtue Poker is”a decentralized poker platform which uses the Ethereum blockchain and peer-to-peer networking to provide an online poker site that’s safe, honest and enjoyable.” Its backers include ConsenSys, Pantera, and DFG.
DISCLAIMER
The perspectives and opinions expressed by the author, or any people talked about in this article, are for informational purposes only, plus they do not constitute investment, financial, or other information. Investing in or trading cryptoassets comes with a risk of financial loss.
Photo by”FlitsArt” via Pixabay
