All Posts Tagged “Tokens” | SwapSpace Blog

Shibarium Overview Shibarium is a new second-level blockchain network ( L2 ) built in Ethereum for Shiba Inu . This will turn Shiba Inu, a memecoin, into a full-fledged ecosystem. Ryoshi , the anonymous creator of Shiba Inu, proposed the Shibarium project in a now-deleted blog post in May 2021. As part of the project, a second-level blo

Retrodrops are the distribution of free tokens to users who participate in various activities at an early stage of the project's development. Why Do Projects Distribute Tokens? Before the project enters the market, there are two tasks: raising funds and building a user base . To do so, it’s possible to conduct the token sales. ICO ,

What is Basic Attention Token? All of the functioning marketing mechanisms, evidenced mainly in the so-called "social networks", focus on the interaction between three main groups: users, content creators, and advertisers. Among this trio, the dynamics basically involve redirecting users to attractive, interesting, and useful content, targeted at

It is no secret that the cryptocurrency market is an up-and-down one, and when choosing certain assets, you always risk. Despite this, the area attracts more and more users. Sometimes coins fall heavily in value due to any circumstances, and it seems that the project has died. But suddenly something happens, and the coin is reborn from the ash

On Monday, July 24th, Worldcoin ($ WLD ) developers conducted an airdrop (free distribution) of the eponymous token to users of the World App application. Cryptocurrency exchanges launched token trading under the WLD ticker shortly after its introduction. Worldcoin reached a high of $3.31, but at the time of publication, it is trading around $2.

What Are Altcoins? Before we take a look at altcoins in detail, it is important for us to understand what an altcoin is in general. Probably, among you, there are already cryptocurrency veterans, and therefore you can safely skip this part. If you do not care enough to learn about various altcoin groups, then altcoin is all that is not Bitcoin.

Bitcoin Ordinals: An Introduction So far the majority in the crypto world has been talking about Bitcoin as a store of value. This idea initiated a heated debate, which has not eased off until this day. Nonetheless, what can be seen in practice is that Bitcoin is rarely used actively as a means of payment. Even though there are interesting cases,

Stablecoins are cryptocurrencies that are designed to have a stable value, unlike other coins whose values can fluctuate wildly. They are pegged to fiat currencies such as USD. This means that the price of a stablecoin will not change significantly in response to market movements. Stablecoins can be used as a store of value, a medium of exchang

Recently, artificial intelligence (AI) technologies have been in the spotlight. Of course, this trend could not be ignored by the cryptocurrency market. A wave of interest in AI swept the world in June 2022 - then social networks were flooded with images generated by OpenAI's Dall-E Mini. In September, its more powerful version, called DALL-E 2,

There is a huge variety of different cryptocurrencies, but most of them are built on the same schemes. These schemes are called token standards and define the key functionality and properties of blockchain tokens. Token standards are sets of rules and agreements governing the operation of a cryptocurrency token. Among the popular standards are

What Is USDC? USDC is a token issued by Circle, a well-known cryptocurrency company. It is one of the largest stablecoins , and it is supposed to be pegged to the dollar in 1:1 ratio. USDC’s main goal is to facilitate easy and cheap cross-border payments for individuals and businesses. The idea behind USDC is that it should always be worth on

Despite the decline in the cryptocurrency market in 2022, since January 2023 there has been an increase in the cost of crypto assets. At the moment, such well-known digital currencies as Bitcoin and Ethereum are leading. Undoubtedly, the main cryptocurrencies are the leaders in assets by market capitalization and by trading volume per day, b