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token-takeaway

LUKSO: Revolutionising the Fashion and Lifestyle Industry?

LUKSO: Revolutionising the Fashion and Lifestyle Industry?

Token Takeaway: LYXe and LYX; LUKSO is a blockchain platform that aims to revolutionise the fashion and lifestyle industry by providing Universal Profiles that allow users to create a single identity for anyone working in the creative field, giving them one platform to showcase their work and profile. This Token

Render Network: Revolutionising the World of GPU Rendering

Render Network: Revolutionising the World of GPU Rendering

Token Takeaway: RNDR Token The Render Network is the leading crypto-native distributed rendering platform that operates on an incentive-based economic model, enabling individuals to perform GPU-based rendering jobs on the network. Creators (clients) can assign their rendering tasks to node operators on the Render Network for a fee. This Token

Stacks: Bringing Smart Contracts to Bitcoin

Stacks: Bringing Smart Contracts to Bitcoin

Token Takeaway: STX Token Due to an abrupt growth in the popularity of Bitcoin smart contracts, the value of Stacks' native token, STX, has surged approximately 300% from the start of 2023. One key factor contributing to this demand is the rise in popularity of Bitcoin NFTs, also known

VeChain: Streamlining Real-World Supply Chains

VeChain: Streamlining Real-World Supply Chains

Token Takeaway: VET Token; VeChain is a blockchain platform that aims to improve the efficiency of supply chain management and enterprise operations. With its institutional partnerships, VeChain has demonstrated its potential to be used in various industries while promoting sustainability and social responsibility. It employs a controversial dual-token system to

Filecoin: A Web3 Alternative to Centralised Cloud Storage Providers

Filecoin: A Web3 Alternative to Centralised Cloud Storage Providers

Token Takeaway: FIL Token; Filecoin is a decentralised cloud storage platform that operates on an incentive-based economic model, enabling individuals to lease out their digital storage space. Clients can securely store their data in a universal, distributed network for a fee. Filecoin’s native token, FIL, has had a great

Lido: A Liquid Staking Solution for Staked, Illiquid Tokens

Lido: A Liquid Staking Solution for Staked, Illiquid Tokens

Token Takeaway: LDO Token; Lido, a decentralised liquid staking platform for Proof-of-Stake (PoS) chains like Ethereum and Solana, has made headlines since the start of this year. Its native token has shot up around 200%, and the platform TVL has increased by approximately 50%. Its frictionless staking services with additional

Fantom: A High-Performance Smart-Contract Blockchain Platform

Fantom: A High-Performance Smart-Contract Blockchain Platform

Token Takeaway: FTM Token; Fantom is a decentralised, open source blockchain platform for dApps and digital assets, offering high performance at a low cost. However, with Fantom targeting one of the most competitive crypto sectors, it has underperformed its competitors and recently seen a sharp decline in its TVL. Nevertheless,