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token-takeaway

GateChain: A Gateway to DeFi Applications and a Trading Ecosystem

GateChain: A Gateway to DeFi Applications and a Trading Ecosystem

Token Takeaway: GT; GateChain is a third-generation decentralised public blockchain that offers an institutional-grade on-chain digital asset safety, storage, distribution and a trading ecosystem. GateChain and its native token, GateToken (GT), are also directly affiliated with the Gate.io exchange. Although GateChain is a relatively new blockchain, it is trying

Chainlink: Making Blockchains Relevant?

Chainlink: Making Blockchains Relevant?

Token Takeaway: LINK; In this week's Token Takeaway, we revisit Chainlink. This blockchain-agnostic project greatly expands the capabilities of smart contracts by enabling access to real-world data and off-chain computation. We will also examine the many changes the Chainlink ecosystem has undergone since we last reviewed it earlier

Cardano: Competing in the Most Competitive Crypto Sector

Cardano: Competing in the Most Competitive Crypto Sector

Token Takeaway: ADA; Following a massive surge in the last altcoin season, Cardano, a blockchain platform used to build dApps and smart contracts, has continued to be a dominant force in the crypto world. However, with mainstream presence came a lot of criticism and competition. Nevertheless, with multiple upcoming innovative

Stellar Lumens: Servicing the Unbanked?

Stellar Lumens: Servicing the Unbanked?

Token Takeaway: XLM; In this Token Takeaway, we look at Stellar Lumens (XLM), a blockchain that offers a strong alternative to the current global remittance network by providing fast, secure and inexpensive cross-border payment solutions. With Bitcoin sinking below $20,000 for the first time since December 2020 and the

Tezos: The Awakening of a Sleeping Giant?

Tezos: The Awakening of a Sleeping Giant?

Token Takeaway: XTZ; After a fantastic launch in 2017, Tezos, an open source decentralised smart contracts blockchain platform, had a rough time moving forward in the early post-ICO period. However, against all odds, the blockchain has managed to survive and thrive among its competitors. In addition to smart contracts and

UNUS SED LEO: A Tokenised IOU?

UNUS SED LEO: A Tokenised IOU?

Token Takeaway: LEO; The UNUS SED LEO (LEO) token is a utility token for the Bitfinex exchange. However, unlike other centralised exchange tokens like Crypto.com's CRO and KuCoin’s KCS, LEO was created to cope with the crisis that arose after the exchange was accused of illegally

The Rise of MakerDAO and DAI

The Rise of MakerDAO and DAI

Token Takeaway: MKR and DAI; MakerDAO, a peer-to-peer Decentralised Autonomous Organisation (DAO), now hosts the largest collateral-backed decentralised stablecoin, DAI. Since its inception, MakerDAO has been dedicated to bringing financial stability and security to everyone worldwide using DeFi and blockchain technology. This article will examine the fundamentals of the MakerDAO