🚀 Dive into Drift Protocol: Revolutionizing Decentralized Trading on Solana 🚀
🚀 Let's dive into key features and potential of #DRIFT in this captivating thread! 🧵👇
1️⃣ Introduction and Overview: Drift Protocol is a decentralized exchange (DEX) on the Solana blockchain, focusing on non-custodial trading and perpetual swaps. Users can trade with up to 10x leverage in perpetual futures/swaps and up to 5x leverage in spot trading.
2️⃣ Technology and Features: Drift leverages Solana’s high-speed, low-cost transactions, featuring a cross-margined risk engine for enhanced protection and a Just-In-Time Auction mechanism for better order prices. Capital efficiency and user asset protection are key highlights.
3️⃣ Whitepaper Analysis: Built on Solana for speed and low costs. Non-custodial trading with a focus on perpetual swaps. Up to 10x leverage in perpetual futures and 5x in spot trading. Cross-margined risk engine for risk protection. Supports token swapping.
4️⃣ Use Case: Drift enables on-chain trading of perpetual futures with a cross-margined mechanism. Users can borrow at variable rates, stake for yields, and swap spot tokens, earning yield through lending. 💹
5️⃣ Team and Leadership: Co-founded by Cindy Leow and David, Drift merges CEX efficiency with DeFi transparency. The Foundation’s DAO administrator is Webslinger, and Matt Shaw is the independent Director. 👥
6️⃣ Partnerships: Backed by Multicoin Capital, Alameda Research, Jump Capital, LedgerPrime, Not3Lau Capital, QCP Capital, Robot Ventures, and ROK Capital, Drift has solidified its position in the DeFi space. 🤝
7️⃣ Security and Audits: Drift’s contracts were audited by Trail of Bits, with no high-severity flaws found. Subsequent fixes and mitigations were also reviewed, ensuring robust security. 🔒
8️⃣ Tokenomics: Maximum supply: 1 billion DRIFT tokens. with Circulating supply: 177.65 million.
9️⃣ Exchanges: DRIFT tokens are tradable on centralized exchanges like Coinbase, Gate.io, Bybit, HTX and BingX. The most active trading pair is DRIFT/USDT on HTX. 💱
🔟 Recent Developments: Drift recently conducted a token generation event, airdropping tokens to eligible Solana wallets. Following its Coinbase listing, DRIFT token made impact in industry. 🚀
1️⃣1️⃣Conclusion: Drift Protocol is a standout in the DeFi space with perpetual swaps, a cross-margined risk engine, and token swapping. Its strong partnerships and recent developments indicate a bright future ahead. 🌟
🌟 If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#CryptoSimbhaGems🦁🏹 #DeFiChallenge #Solana⁩ #drift #DEX $SOL $AAVE $JUP

🌐 Get ready for a thrilling lineup of Staking/Restaking crypto projects making their way to Bullrun 2024-25. These projects are set to revolutionize the blockchain landscape and offer incredible opportunities for investors. 🌐
🧵 Exploring Cutting-Edge DeFi and Staking/Restaking Projects in this thread ⬇️🧵
1️⃣ Renzo (REZ): Renzo Protocol is a key player in the EigenLayer ecosystem, offering services like sidechains, bridges, and keeper networks. It enhances staking rewards with a mix of operator nodes and smart contracts. The REZ token allows governance participation, fostering trust and innovation on Ethereum. #RenzoProtocol #DeFi #Ethereum
2️⃣ Ether.fi (ETHFI): Ether.fi simplifies liquid restaking, letting users deposit Ethereum or Liquid Staking Tokens (LST) to earn ezETH. Acting as a bridge to EigenLayer, it secures Actively Validated Services (AVSs) and offers higher yields than traditional ETH staking. #Etherfi #EthereumStaking #DeFi
3️⃣ Jito Labs (JTO): Jito is a liquid staking protocol on Solana, distributing MEV rewards to holders. Its frxETH token allows users to stake SOL while maintaining liquidity. Jito aims to boost Solana’s network efficiency, security, and decentralization. #JitoLabs #Solana #LiquidStaking
4️⃣ Frax Share (FXS): Frax Finance includes the FRAX stablecoin, liquid staking on Ethereum (frxETH), lending markets, and liquidity systems. FXS serves as the governance and utility token, enabling holders to vote on key parameters. It’s deflationary, with lock-up privileges. #FraxFinance #DeFi #FXS
5️⃣ Stader (SD): Stader is a non-custodial, smart contract-based liquid staking platform. Users can mint tokens representing their staked assets and grow through staking rewards. SD tokens can be staked on the Stader dApp. #Stader #LiquidStaking #Crypto
6️⃣ Marinade (MNDE): Marinade is the governance token of Marinade Finance, a liquid staking protocol built on the Solana blockchain. Launched through Solana ecosystem grants at the Solana Hackathon in 2021, Marinade aims to provide a seamless staking experience for Solana holders without locking in liquidity. #Marinade #Solana
7️⃣ Lido DAO (LDO): Lido DAO provides liquid staking services for Ethereum 2.0, allowing users to stake ETH while receiving stETH tokens. These tokens can be traded or used in DeFi applications, making staking more flexible and accessible. #LidoDAO #EthereumStaking #DeFi
8️⃣ Rocket Pool (RPL): Rocket Pool is a decentraliz$ed Ethereum staking platform for users with less than 32 ETH. It operates a network of node operators who pool staked ETH. Users receive rETH tokens, representing their staked ETH, which can be traded or used in DeFi. #RocketPool #Ethereum #Staking
🌟 If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#CryptoSimbhaGems🦁🏹 #JTO #solana #Ethereum #FraxShare $REZ $ETHFI $JTO

🚀 NuLink (NLK) - Enhancing Privacy and Security for Decentralized Applications 🚀
🚀 Let's dive into key features and potential of #NuLink in this captivating thread! 🧵👇
1️⃣ Introduction and Overview: NuLink (NLK) is a cutting-edge cryptocurrency and technology platform designed to enhance privacy and security for decentralized applications. It integrates advanced cryptographic technologies to offer tools and solutions for stakers, DApp builders, and DApp users.
2️⃣ Technology and Feature: NuLink employs several layers of cryptographic technologies, including Proxy Re-Encryption (PRE), Identity-Based Encryption (IBE), and Attribute-Based Encryption (ABE). It ensures secure, privacy-preserving solutions for decentralized applications through its Cryptography, Storage, and Blockchain Layers.
3️⃣ Whitepaper Analysis: NuLink’s core product combines blockchain and cryptography technologies for privacy preservation. Crypto primitives include Proxy Re-Encryption (PRE), Fully Homomorphic Encryption (FHE), and Zero-Knowledge Proof (ZKP). Staking nodes earn NLK tokens by offering privacy services in the Cryptography Layer and decentralized storage in the Storage Layer. NuLink is building privacy-preserving features for Polkadot, Heco, Near, PlatON, and Solana. Supported by Binance Labs, NuLink aims for inter-blockchain features.
4️⃣ Use Case: NuLink’s technology enables secure encrypted NFT trading markets, allowing artists to set up secure private auctions. The NLK token is central to governance, staking, and accessing various platform features.
5️⃣ Team and Leadership: The NuLink team is dedicated to providing advanced security solutions for decentralized applications, backed by prominent investors like Binance Labs, DWF Labs, Poolz, and ViaBTC.
6️⃣ Partnerships: NuLink is developing privacy-preserving features for integration with Polkadot, Heco, Near, PlatON, and Solana, with plans for more collaborations and inter-blockchain features.
7️⃣ Security and Audits: Utilizing Proxy Re-Encryption, Zero-Knowledge Proofs, and Fully Homomorphic Encryption, NuLink ensures data privacy and security across blockchain networks.
8️⃣ Tokenomics: NuLink (NLK) has a total supply of 1 billion NLK. And circulating supply is 60 million NLK tokens.
9️⃣ Exchanges: NLK tokens can be traded on centralized exchanges like Bybit, KuCoin, and Gate.io. The most active trading pair is NLK/USDT on Bybit.
🔟 Recent Developments: Key releases include the NuLink Core Library, API Library, and staking functionalities. The mainnet launch is planned for Q2 2024, integrating all testnet modules and activating on-chain governance.
1️⃣1️⃣ Conclusion: NuLink (NLK) is a promising platform focusing on privacy and security for decentralized applications. With advanced cryptographic technologies, strategic partnerships, and a dedicated team, NuLink is set to revolutionize digital privacy.
🌟 If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#CryptoSimbhaGems🦁🏹 #Web3 #Security #zkSync #nulink $ETH $BTC $SOL

🧵 Lifeform (LFT): Revolutionizing Digital Identities 🧵
🚀 Let's dive into key features and potential of #LFT in this captivating thread! 🧵👇
1️⃣ Introduction and Overview: Lifeform (LFT) is a decentralized digital identity solution provider, aiming to transform the digital landscape. It offers a cross-platform hyper-realistic 3D virtual human avatar creation system using NFTs for managing multiple zero-knowledge pseudonymous digital identities.
2️⃣ Technology and Features: Lifeform's technology includes 3D avatar creation tools, visual DID protocols, and a native Web3 decentralized identity system supported by a metaverse engine SDK. It enables secure management of multiple zero-knowledge pseudonymous digital identities through a decentralized identifier (DID) solution.
3️⃣ Whitepaper Analysis: Lifeform whitepaper include its focus on decentralized digital identity solutions, the use of NFTs for managing digital identities, and integration into the Web3 space.
4️⃣ Use Case: Lifeform provides secure, seamless decentralized digital identity solutions. The LFT token, integral to this ecosystem, can be traded on centralized crypto exchanges.
5️⃣ Team and Leadership: Lifeform is led by CEO/Co-Founder Brian Hirsh and CMO/Co-Founder Lily Fang. Their expertise has been crucial in developing the innovative technologies underpinning Lifeform.
6️⃣ Partnerships: Lifeform has strategic partnerships with influential projects like BurgerCities and HookedProtocol, and BOTIM, a leading social app in the UAE. These collaborations enhance Lifeform's capabilities and global integration.
7️⃣ Security and Audits: Lifeform's smart contract has undergone an audit by Cyberscope, ensuring platform and user security.
8️⃣ Tokenomics: Total supply: 1000 million LFT tokens, Circulating supply: 120 million LFT tokens.
9️⃣ Exchanges: LFT tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Lifeform is Bybit. Other options include KuCoin and Bitget.
🔟 Recent Developments: Lifeform concluded a successful ICO on May 14, raising $5,000,000, surpassing its fundraising goal. This indicates strong investor enthusiasm and confidence in the project’s future.
1️⃣1️⃣ Conclusion: Lifeform is a promising project in the crypto space, offering innovative solutions for decentralized digital identities. With strong leadership, strategic partnerships, and a successful ICO, Lifeform is well-positioned to make a significant impact in the Web3 revolution.
🌟 If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#CryptoSimbhaGems🦁🏹 #Web3 #Binance #BNB‬ #bitcoin $BNB $BTC $ETH

🌐 Get ready for a thrilling lineup of DEX crypto projects making their way to Bullrun 2024-25. These projects are set to revolutionize the blockchain landscape and offer incredible opportunities for investors. 🌐
🧵 Exploring Top Innovative Decentralized Exchange (DEX) Projects in this thread ⬇️🧵
1️⃣ BeFi (BEFI): BeFi Labs (BEFI) is a decentralized platform that facilitates the trading of BRC20 tokens and Bitcoin Ordinals with zero fees. It bridges the gap between DeFi and CEX, prioritizing user accessibility. Users can trade directly from their wallets with fast, fee-less transactions. #BeFiLabs #DeFi #Crypto
2️⃣ DYDX (DYDX): DYDX is a leading decentralized exchange (DEX) supporting perpetual trading on Ethereum smart contracts. It offers perpetuals with up to 20x leverage, including pairs like BTC-USD and ETH-USD, allowing users to trade without intermediaries. #DYDX #DEX #Ethereum
3️⃣ Joe (JOE): Joe (JOE) serves as the primary token of Trader Joe, a decentralized exchange (DEX) built on the Avalanche (AVAX) blockchain. Launched in June 2021, Trader Joe offers various DeFi services, including swapping, staking, and yield farming. #Joe #Avax
4️⃣ Orca (ORCA): Orca (ORCA) is an Automated Market Maker (AMM) based decentralized exchange (DEX) built on top of the Solana blockchain. Leveraging Solana’s quick transactions and low fees, ORCA became one of the first AMMs launched on the Proof of Stake (PoS) platform. #Orca #Solana
5️⃣ Polkadex (PDEX): Polkadex is a decentralized, peer-to-peer orderbook-based exchange on the Polkadot network. It combines centralized and decentralized exchange benefits, providing high-liquidity trading and advanced features like high-frequency trading and trading bots. #Polkadex #Crypto #Polkadot
6️⃣ 1inch (1INCH): 1inch is a decentralized exchange aggregator that sources liquidity from multiple DEXes. It optimizes trades by splitting them across platforms to achieve the best rates, allowing users to swap tokens efficiently and find the most favorable prices. #1inch #DEX #Crypto
7️⃣ PancakeSwap (CAKE): PancakeSwap is a decentralized exchange on Binance Smart Chain (BSC). It offers yield farming, staking, and swapping services with low fees and fast transactions. Users can participate in liquidity pools and earn CAKE tokens by providing liquidity. #PancakeSwap #DeFi #BSC
8️⃣ Uniswap (UNI): Uniswap is a decentralized exchange protocol on Ethereum, allowing users to swap ERC-20 tokens directly from their wallets. It uses automated market makers (AMMs) and liquidity pools for trading. UNI is the native governance token of the platform. #Uniswap #Ethereum #DEX
🌟 If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#CryptoSimbhaGems🦁🏹 #DEX #solana #Web3 #DEFI $UNI $CAKE $1INCH

🧵 Engines of Fury (FURY): A Unique Blockchain-Powered Shooter Game 🧵
🚀 Let's dive into key features and potential of #FURY in this captivating thread! 🧵👇
1️⃣ Introduction and Overview: Engines of Fury (FURY) is a cryptocurrency powering a free-to-play top-down extraction shooter game. Developed by a team from top web3 projects and AAA titles, the project has been in development for two years, with the Alpha version releasing soon.
2️⃣ Technology and Features: Engines of Fury combines extraction shooter mechanics with RPG item systems and blockchain technology. The game offers a unique and engaging experience with its harsh yet rewarding environment, extensive customization options, and blockchain integration.
3️⃣ Whitepaper Analysis: The game is powered by a single deflationary token $FURY & NFTs. The $FURY token fuels the in-game economy. $FURY token becomes less over time and uses NFTs to enhance gameplay. The project is two years into development, with the Alpha version releasing soon.
4️⃣ Use Case: The $FURY token powers the economy of Engines of Fury. It offers a variety of in-game experiences, including teamwork fights, PvP and environment combats, treasure hunting, crafting, and planning the growth of characters and safe places.
5️⃣ Team and Leadership: The team behind Engines of Fury has a superb track record in both web3 launches and gaming. Team leads come from Blizzard, Activision, Ubisoft, and Unity, each with 10-30 years of experience. The CEO, Saulius, has been in the industry since 2017.
6️⃣ Partnerships: Engines of Fury is backed by reputable investors and partners, including Animoca Brands and Metavest Capital. These collaborations bring credibility and additional resources to the project, enhancing its potential for success.
7️⃣ Security and Audits: The smart contract of Engines of Fury has been audited by Cyberscope, scoring 70%, indicating a low risk.
8️⃣ Tokenomics: Total supply: 120 million FURY tokens. Circulating supply: 9.93 million FURY tokens.
9️⃣ Exchanges: FURY tokens can be traded on centralized crypto exchanges. The popular exchanges to buy and trade Engines of Fury are KuCoin, Gate.io, HTX, with the most active trading pair FURY/USDT.
🔟 Recent Developments: The FURY token was recently listed on KuCoin. Users now have the ability to put their FURY tokens into the system using the BSC-BEP20 network.
1️⃣1️⃣Conclusion: Engines of Fury (FURY) is a promising project that combines gaming with blockchain technology. With a strong team, solid partnerships, and a unique use case, it has the potential to make a significant impact in the crypto gaming space.
🌟 If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#CryptoSimbhaGems🦁🏹 #gamefi #fury #Web3 #BNB‬ $BNB $RONIN $XAI

🌐 Get ready for a thrilling lineup of DEX crypto projects making their way to Bullrun 2024-25. These projects are set to revolutionize the blockchain landscape and offer incredible opportunities for investors. 🌐
🧵 Exploring Top Innovative Decentralized Exchange (DEX) Projects in this thread ⬇️🧵
1️⃣ Aevo (AEVO): Aevo is a decentralized derivatives exchange platform for options and perpetual contracts. Operating on a custom layer-2, it combines an off-chain order book with on-chain settlements. Aevo supports over 5,000 transactions per second and processes billions in trading volume. #Aevo #DeFi #Blockchain
2️⃣ Jupiter (JUP): Jupiter is a DEX aggregator built on the Solana blockchain. Its primary goal is to help users discover the best prices for their transactions by connecting them with multiple decentralized exchanges (DEXs) on the Solana network. #Jupiter #Solana
3️⃣ Aerodrome (AERO): Aerodrome Finance is a next-generation automated market maker (AMM) designed to become the central liquidity hub on the Base blockchain. Aerodrome combines a powerful liquidity incentive engine, encouraging users to provide liquidity and earn rewards. #Aerodrome #Base
4️⃣ ALEX Lab (ALEX): ALEX is a DeFi protocol built for Bitcoin and BRC-20 tokens, leveraging Stacks smart contracts. It aims to create a seamless Bitcoin DeFi experience by offering services like borrowing, lending, trading, and yield farming. #ALEX #DeFi #Bitcoin
5️⃣ ApeX Protocol (APEX): ApeX is a decentralized and non-custodial derivatives protocol that facilitates the creation of perpetual swap markets for any token pair. The protocol operates through a series of immutable and persistent smart contracts on the Ethereum blockchain, where users are free to trade directly without intermediaries. #ApeX #DEX
6️⃣ Gains Network (GNS): Gains Network is a decentralized derivatives trading platform initially built on the Polygon network and expanding to other decentralized networks. Its flagship product, gTrade, offers leverage trading for both cryptocurrencies and forex. #Gains #DeFi
7️⃣ GMX: GMX is a decentralized, permissionless perpetual swap and spot exchange. Traders can easily trade cryptocurrency on-chain by connecting their wallets. GMX’s most popular product is its decentralized perpetual contract trading platform, where traders can use up to 30X leverage. #GMX
8️⃣ Osmosis (OSMO): Osmosis is a decentralized exchange (DEX) on the Cosmos network. It focuses on liquidity provision and automated market-making (AMM). Users can create liquidity pools, swap tokens, and earn staking rewards. #Osmosis #DEX #Cosmos
🌟 If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#CryptoSimbhaGems🦁🏹 #DEX #DEFI #gains #GMX $AEVO $JUP $OSMO

🧵 Cross The Ages (CTA): A Unique NFT-Powered Collectible Card Game 🧵
🚀 Let's dive into key features and potential of #BUBBLE in this captivating thread! 🧵👇
1️⃣ Introduction and Overview: Cross The Ages (CTA) is a unique cryptocurrency intertwined with a mobile-first collectible card game. Set in a dystopian world, the game merges virtual and physical realms using blockchain and NFC technology. Players engage in battles with mystical creatures, AI cyborgs, and more, with the CTA token enabling transactions and rewards.
2️⃣ Technology and Features: CTA leverages blockchain and NFC technology to bring digital assets to life. Players use NFT cards on the Ethereum Network for strategic battles, earning CTA tokens through various in-game activities. The tokens enable buying, selling, and renting cards, offering in-game advantages, exclusive content access, and governance powers in the Metaverse.
3️⃣ Whitepaper Analysis: Cross The Ages is a universe designed to be accessible to everyone. To achieve this, a range of products are being developed to reflect the IP, some of which are using blockchain technology to enhance the user experience.
4️⃣ Use Case: The CTA token serves multiple purposes: Minting digital cards into NFTs, Trading and renting cards, Enabling all on-chain activities, Offering exclusive access to high-value off-series NFTs, secret tournaments, and other content.
5️⃣ Team and Leadership: Cross The Ages is led by a dedicated team of over 180 professionals, including game developers, visual artists, authors, and blockchain experts. The CEO and Co-founder is Sami Chlagou. The team embodies blockchain philosophy and decentralization.
6️⃣ Partnerships: CTA has notable partnerships, including: Ubisoft collaboration, integrating characters from Watch Dogs™ into the game, Hachette & Bragelonne publishing a seven-book saga starting with "The Rune & the Code", Collaborations with Elixir gaming platform and Web3 project Mon Protocol.
7️⃣ Security and Audits: no specific security measures or audit information is available.
8️⃣ Tokenomics: Total supply: 500 million CTA tokens, Circulating supply: 68.75 million CTA tokens.
9️⃣ Exchanges: CTA tokens can be traded on centralized exchanges like KuCoin, Bybit, HTX and Gate.io. The most active trading pair, CTA/USDT, is on KuCoin.
🔟 Recent Developments: CTA raised $3.5M in an equity round led by Animoca Brands, adding to a total of $23.5M in funding. This announcement coincides with the Token Generation Event (TGE), with listings on Bybit, KuCoin, GATE, and MEXC.
1️⃣1️⃣Conclusion: Cross The Ages (CTA) merges gaming with blockchain, creating a vibrant ecosystem for strategic battles and rewards. With a strong team, partnerships, and clear vision, CTA has significant potential in the blockchain gaming space.
🌟 If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#CryptoSimbhaGems🦁🏹 #gamefi #cta #AnimocaBrands #Web3 $ETH $RONIN $XAI

🌐 Get ready for a thrilling lineup of AI crypto projects making their way to Bullrun 2024-25. These projects are set to revolutionize the blockchain landscape and offer incredible opportunities for investors. 🌐
🧵 Exploring Top Innovative Artificial Intelligence (AI) Projects in this thread ⬇️🧵
1️⃣ LayerAI (LAI): LayerAI provides game developers with high-quality AI-generated game art, streamlining creative asset production and marketing content. Founded by industry pros, it enables the generation of production-ready assets in custom brand styles. #LayerAI #GameDev
2️⃣ Bittensor (TAO): Bittensor bridges AI and blockchain, allowing smart contracts to securely access external AI APIs. It offers an AI marketplace for developers to publish, manage, and earn rewards for their AI models. Staking ORAI tokens enables governance participation. #Bittensor #AI #Blockchain
3️⃣ Phoenix (PHB): Phoenix is a full blockchain infrastructure platform designed for intelligent Web3 applications. It provides a blockchain-native solution for scaling data-intensive applications and enables advanced analytics, multi-party computation (MPC), and AI capabilities for decentralized applications (dApps) and Web3 applications. #Phoenix
4️⃣ Oraichain (ORAI): Oraichain is a decentralized oracle platform bridging blockchain and the real world by providing reliable off-chain data to on-chain smart contracts. It focuses on AI APIs and offers an AI marketplace and staking opportunities. #Oraichain #AI #Blockchain
5️⃣ Ocean Protocol (OCEAN): Ocean Protocol is a decentralized data exchange protocol that unlocks the potential of data by breaking down data silos and equalizing access to data for all. It empowers developers and businesses to build scalable data marketplaces, democratizing data and making it universally accessible and monetizable. #Ocean
6️⃣ Fetch AI (FET): Fetch AI is a decentralized AI platform combining machine learning, multi-agent systems, and blockchain. It aims to create an autonomous economic framework for agents to collaborate and optimize resource allocation. #FetchAI #AI #Blockchain
7️⃣ Cortex (CTXC): Cortex enables AI models to be deployed on the blockchain, allowing developers to create AI smart contracts. It integrates AI with blockchain technology, making AI development transparent and accessible. #Cortex #AI #Blockchain
8️⃣ SingularityNET (AGIX): SingularityNET is a decentralized AI marketplace for sharing, discovering, and monetizing AI services and algorithms. It fosters global collaboration among AI developers and aims to democratize AI. #SingularityNET #AI #Marketplace
🌟 If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#CryptoSimbhaGems🦁🏹 #LayerAI #TAO/USDT #PHB #Oraichain $OCEAN $AGIX $FET

🧵 Imaginary Ones (BUBBLE): Vibrant NFTs on Ethereum 🧵
🚀 Let's dive into key features and potential of #BUBBLE in this captivating thread! 🧵👇
1️⃣ Introduction and Overview: Imaginary Ones (BUBBLE) is a vibrant NFT collection of 8,888 animated 3D characters on the Ethereum network. This Web3 entertainment collective is known for its lively bubble avatars and wholesome content, aiming to spread love, positivity, and creativity through art.
2️⃣ Technology and Features: Built on the Ethereum blockchain, each Imaginary Ones NFT character is a blockchain-based token, ensuring true ownership. The ecosystem uses blockchain technology to store data about its virtual worlds, provide a secure gaming experience, and create tokens for purchasing items.
3️⃣ Whitepaper Analysis: Imaginary Ones is a vibrant NFT collection on Ethereum. The project spreads love, positivity, and creativity through art. The native token, $BUBBLE, enriches this ecosystem. $BUBBLE is used for gaming, merchandise, and content transactions. Founded by Clement Chia and David Lee.
4️⃣ Use Case: The $BUBBLE coin powers the Imaginary Ones ecosystem. Users can earn $BUBBLE tokens by signing up, playing games, and completing tasks. $BUBBLE is used for gaming, merchandise, and content transactions, fostering a thriving economy within the ecosystem.
5️⃣ Team and Leadership: Imaginary Ones was founded by Clement Chia and David Lee. They believe in using art to spread love, positivity, and creativity.
6️⃣ Partnerships: Imaginary Ones has closed an oversubscribed funding round led by Animoca Brands, Polygon Ventures, Cypher Capital, Ed3n Ventures, and MH Ventures.
7️⃣ Security and Audits: Each Imaginary Ones NFT character is a blockchain-based token, ensuring true ownership. The ecosystem uses blockchain technology to store data, provide secure gaming, and create tokens.
8️⃣ Tokenomics and Supply Details: Circulating supply of BUBBLE is 1.09 billion and Max supply of BUBBLE is 10.00 billion.
9️⃣ Exchanges: BUBBLE tokens can be traded on centralized and decentralized exchanges. The popular exchanges to buy and trade Imaginary Ones are HTX, MEXC, Bybit, Gate.io and Uniswap V3.
🔟 Conclusion: Imaginary Ones (BUBBLE) is a unique project combining art, blockchain technology, and a vibrant community. With innovative use of NFTs and a strong team, Imaginary Ones has the potential to make a significant impact in the crypto space.
🌟 If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#CryptoSimbhaGems🦁🏹 #BubbleCoin #NFT #SocialFi #EthereumPower $ETH $NFP $SOL

🌐 Get ready for a thrilling lineup of AI crypto projects making their way to Bullrun 2024-25. These projects are set to revolutionize the blockchain landscape and offer incredible opportunities for investors. 🌐
🧵 Exploring Top Innovative AI and Blockchain Projects in this thread ⬇️🧵
1️⃣ Spectral (SPEC): Spectral is a decentralized platform empowering users to own, share, and earn from their data. The SPEC token is ERC-20 compatible, working seamlessly within the Ethereum ecosystem. #Spectral #SPEC
2️⃣ TARS (TAI): TARS is an AI-driven, scalable Web3 modular infrastructure platform helping organizations transition from Web2 to Web3. It uses AI models to identify profitable investment opportunities across blockchain and Web 2.0 platforms. TAI is the native digital currency. #TARS #TAI
3️⃣ Masa (MASA): Masa is a decentralized platform enabling users to own, share, and earn from their data, powering AI applications. The MASA token is the utility and governance token of the Masa Network and serves as a gas token on the Masa Avalanche Subnet. #Masa #MASA
4️⃣ GT-Protocol (GTAI): GT Protocol is a DApp on BNB Chain utilizing AI models to identify profitable investment opportunities across blockchain and Web 2.0 platforms. GTAI is the native digital currency of the GT Protocol network. #GTProtocol #GTAI
5️⃣ Sleepless AI (AI): Sleepless AI is a Web3+AI gaming platform merging artificial intelligence and blockchain technology. The AI token promotes responsible network behavior and facilitates various functionalities within the Sleepless AI network. #SleeplessAI #AI
6️⃣ NFPrompt (NFP): NFPrompt is a Web3 Prompt Artist Platform allowing users to mint AI-Generated NFTs. The NFP token is the utility and governance token powering the NFPrompt network. #NFPrompt #NFP
7️⃣ Openfabric AI (OFN): Openfabric AI is a Layer 1 decentralized AI protocol focused on creating and linking ML/AI applications utilizing advanced cryptography and blockchain. The OFN token powers the Openfabric AI network. #OpenfabricAI #OFN
8️⃣ Solidus (AITECH): Solidus AI Tech is a blockchain-powered AI service provider aiming to democratize AI computing power. The AITECH token is the utility and governance token of the Solidus AI Tech network. #SolidusAI #AITECH
🌟 If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#CryptoSimbhaGems🦁🏹 #AITECH #OFN #Web3 #Binance $NFP $AI $FET

🧵 Wisdomise AI: Revolutionizing Crypto and DeFi Navigation 🧵
🚀 Let's dive into key features and potential of #WSDM in this captivating thread! 🧵👇
1️⃣ Introduction and Overview: Wisdomise AI (WSDM) is an AI-powered platform designed to help users navigate the complex world of cryptocurrencies and decentralized finance. Holding WSDM tokens unlocks exclusive or early access to the Wisdomise AI platform and its features.
2️⃣ Technology and Features: Powered by AI/ML and Blockchain, Wisdomise offers tools for active and passive investors to manage portfolios, mitigate risks, and potentially increase returns. Its hybrid Freemium model provides utilities like staking rewards, reduced charges, exclusive access, participation in private events, loss protection, and protocol fees.
3️⃣ Whitepaper Analysis: Wisdomise is a Swiss AI company that's changing finance and decentralized economies. They provide software solutions for wealth management to retail and institutional clients. Their CeDeFi Wealth Management Platform is groundbreaking, allowing investors to manage their assets through CeFi and DeFi products.
4️⃣ Use Case: The WSDM token offers various utilities within the Wisdomise AI platform, including staking rewards, reduced charges, exclusive access to premium features, participation in private channels and events, loss protection, and protocol fees. The platform supports both active and passive investors with curated financial intelligence and investment opportunities.
5️⃣ Team and Leadership: The Wisdomise team consists of experts in AI, finance, blockchain, and software engineering from prestigious institutions like MIT and McKinsey. The CEO and Co-Founder is Dr. Fardad Zand.
6️⃣ Partnerships: Wisdomise AI has partnered with tier-1 partners such as Chainlink. The platform launched within their robust ecosystem in collaboration with these partners.
7️⃣ Security and Audits: Wisdomise AI’s smart contract has been audited by CERTIk and ZOKYO.
8️⃣ Tokenomics:Total supply: 1 billion WSDM tokens. Token sale rounds: Angel, Strategic, and Public, with specific vesting schedules. Current circulating supply: 74.80Million WSDM tokens.
9️⃣ Exchanges: WSDM tokens can be traded on centralized exchanges. The most popular exchange for buying and trading Wisdomise AI is HTX, with a significant trading volume in the WSDM/USDT pair. Other popular options include KuCoin, MEXC and Gate.io.
🔟 Recent Developments: Wisdomise recently launched its $WSDM token on five of the top 12 cryptocurrency exchanges by trading volume, including KuCoin, Gate.io, HTX, Bitget, and MEXC Global. Since its public launch in August 2023, Wisdomise has attracted over 35,000 monthly active users and 210,000 community members.
1️⃣1️⃣Conclusion: Wisdomise AI is a promising project leveraging advanced technologies to provide a comprehensive platform for crypto investors. With a robust ecosystem, strong partnerships, and a dedicated team, it has the potential to significantly impact the crypto space.
🌟 If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#CryptoSimbhaGems🦁🏹 #AITECHLaunches #Polygon #Ethereum✅ #wsdm $MATIC $ETH $AI

🌐 Get ready for a thrilling lineup of DePIN crypto projects making their way to Bullrun 2024-25. These projects are set to revolutionize the blockchain landscape and offer incredible opportunities for investors. 🌐
🧵 Exploring Top DePIN Projects and Their Native Tokens in this thread ⬇️🧵
1️⃣ The Graph (GRT): The Graph is a decentralized indexing protocol for organizing blockchain data. It allows applications to use GraphQL to query open APIs called subgraphs, enabling serverless applications on public infrastructure. The network consists of Indexers, Curators, and Delegators. #TheGraph #GRT
2️⃣ Akash (AKT): Akash Network is a decentralized cloud computing marketplace where users can rent out unused computing power. It uses a Proof-of-Stake blockchain, with AKT securing the network by staking and enabling holders to vote on network improvements. #AkashNetwork #AKT
3️⃣ Render (RNDR): Render Network is a peer-to-peer network renting out idle GPU power to content creators and AI applications. The RNDR token is used to pay for rendering jobs on the platform, ensuring secure and transparent transactions. #RenderNetwork #RNDR
4️⃣ Helium (HNT): Helium is a decentralized, blockchain-based wireless infrastructure project that incentivizes individuals and organizations to deploy wireless networks. HNT powers the network, while IOT and MOBILE tokens facilitate LoRaWAN and 5G networks. #Helium #HNT
5️⃣ Arweave (AR): Arweave provides permanent and sustainable storage for any type of file with a single upfront payment. It aims to solve long-term data storage issues, offering a global hard drive that never forgets. #Arweave #AR
6️⃣ Theta (THETA): Theta Network is a decentralized video delivery network powered by blockchain. It incentivizes users to share their bandwidth and computing resources, improving video streaming quality and reducing costs. #ThetaNetwork #THETA
7️⃣ Filecoin (FIL): Filecoin is a peer-to-peer network that stores files with built-in economic incentives to ensure reliable storage over time. Users pay to store files on storage providers, who prove they have stored them correctly. #Filecoin #FIL
8️⃣ Storj (STORJ): Storj is a decentralized file storage solution using encryption, file sharding, and a blockchain-based hash table for secure, fast, and private cloud file storage. #Storj #STORJ
🌟 If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#CryptoSimbhaGems🦁🏹 #STORJ #Filecoin. #THETAUSDT #Helium $RNDR $GRT $THETA

🧵 BounceBit (BB): Revolutionizing Staking with a Dual-Token System 🧵
🚀 Let's dive into key features and potential of #BounceBit in this captivating thread! 🧵👇
1️⃣ Introduction and Overview: BounceBit (BB) introduces a novel approach to staking through a dual-token system. As the first native staking chain for Bitcoin, it leverages Bitcoin's security alongside full Ethereum Virtual Machine (EVM) compatibility. BB offers a convenient and secure restaking experience and utilizes a unique CeDefi model to make BTC an active ecosystem participant.
2️⃣ Technology and Features: BounceBit combines Bitcoin's security with EVM compatibility, offering a dual-token staking system. This innovative platform also employs a unique CeDefi model, transforming BTC from a static asset into an active participant in the ecosystem.
3️⃣ Whitepaper Analysis: The BounceBit whitepaper outlines the project's mission, value proposition, and key features: Dual-token PoS consensus mechanism. Native LSD module. Foundational CeFi layer. Regulated custody and off-exchange settlement (OES).
4️⃣ Use Case: BounceBit empowers BTC holders to earn yield across multiple sources. The $BB token has several uses on the platform, including staking, protocol incentives, gas, governance, and currency. It can be used as a medium of exchange or store of value.
5️⃣ Team and Leadership: Jack Lu is the founder and CEO of BounceBit. He is also a co-Founder at Bounce Finance, bringing significant experience to the project.
6️⃣ Partnerships: BounceBit has recently partnered with Ethena Labs and has been incorporated into Binance's ecosystem. These partnerships enhance the platform's capabilities and reach.
7️⃣ Security and Audits: BounceBit - vault has undergone audit by SALUS Security Audit and user funds are stored in secure custody solutions utilizing MPC wallets.
8️⃣ Tokenomics : Total supply: 2.1 billion BB tokens. Circulating supply is: 409.5 million tokens (19.50% of total supply).
9️⃣ Exchanges: BB tokens can be traded on centralized exchanges. The most popular exchange for buying and trading BounceBit is Binance, with other options including HTX, KuCoin, MEXC and Gate.io.
🔟 Conclusion: BounceBit (BB) is a promising cryptocurrency with a unique staking approach and a strong focus on security. With its innovative technology, strategic partnerships, and recent developments, BounceBit is positioned for a positive trajectory in the crypto space.
🌟 If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#CryptoSimbhaGems🦁🏹 #Layer2 #bitcoin #Staking #Binance $BTC $STX

🌐 Get ready for a thrilling lineup of DePIN crypto projects making their way to Bullrun 2024-25. These projects are set to revolutionize the blockchain landscape and offer incredible opportunities for investors. 🌐
🧵 Exploring Top DePIN Projects and Their Native Tokens in this thread ⬇️🧵
1️⃣ Meson (MSN): Meson Network (MSN) is a decentralized infrastructure network enabling seamless blockchain-powered applications for traditional and digital economies. MSN serves as an incentive and governance token for rewarding miners, staking, payments, and protocol governance. #MesonNetwork #MSN
2️⃣ GAIMIN (GMRX): Gaimin is a platform connecting individual machine-learning models to form a collaborative network, eliminating the need for a central server. The GMRX token is used exclusively on the GAIMIN PC gaming platform. #GAIMIN #GMRX
3️⃣ Fluence (FLT): Fluence is a decentralized AI platform where individual machine-learning models work together to process information. The FLT token is the native currency within this ecosystem, used for transaction fees and staking. #FluenceAI #FLT
4️⃣ Bittensor (TAO): Bittensor is a decentralized machine-learning protocol facilitating the exchange of machine-learning predictions among participants. TAO, the native utility token, plays a crucial role in the platform's ecosystem. #Bittensor #TAO
5️⃣ Zebec (ZBCN): Zebec is a decentralized infrastructure network facilitating real-world value flows. The ZBCN token is the governance and utility token of the Zebec Network. #ZebecNetwork #ZBCN
6️⃣ Flux (FLUX): Flux is a scalable decentralized blockchain platform for running dApps, websites, and other services. The FLUX token serves as the native currency within this ecosystem. #FluxBlockchain #FLUX
7️⃣ Covalent (CQT): Covalent is a decentralized data infrastructure layer providing a unified API to access blockchain data across multiple networks. The Covalent Query Token (CQT) is the native token for network settlements. #CovalentData #CQT
8️⃣ Ankr (ANKR): Ankr is a utility token and platform offering decentralized infrastructure solutions. ANKR is the native utility token for transactions, payments, and platform governance. #AnkrNetwork #ANKR
🌟 If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#CryptoSimbhaGems🦁🏹 #DePIN #Ankr #Zebec #fluence $ANKR $FLUX $TAO

🌐🔗 Unlocking Interoperability with Wormhole Protocol 🔗🌐
🚀 Let's dive into key features and potential of #Wormhole in this captivating thread! 🧵👇
1️⃣ Introduction and Overview: Wormhole is revolutionizing cross-chain connectivity, founded by Jump Crypto in 2021. Initially a token bridge, it has evolved into a versatile interoperability layer, supporting Ethereum, Solana, and 30+ other blockchains.
2️⃣ Technology and Feature: Wormhole utilizes a cutting-edge messaging protocol, facilitating seamless communication between diverse blockchains. With over 200 applications leveraging its technology, Wormhole empowers cross-chain transfers of tokens and NFTs, enabling cross-chain governance.
3️⃣ Whitepaper Analysis: Pioneering cross-chain solutions, Wormhole's whitepaper outlines its evolution from a token bridge to an interoperability layer. Leveraging a general messaging protocol, it supports a vast ecosystem of 30+ blockchains.
4️⃣ Use Case: Wormhole provides developers access to liquidity and users across leading blockchain networks. The native asset, W token, fuels the Wormhole platform, operating as a Solana SPL token and an Ethereum ERC20 token.
5️⃣ Team and Leadership: Led by Dan Reecer, Robinson Burkey, and Michael Zargham, Wormhole boasts a seasoned team with expertise in blockchain and decentralized technologies.
6️⃣ Partnerships: Wormhole collaborates with prominent blockchains and integrates with key dApps like Phantom and Sabre. Notably, it partners with Solana-based DeFi platform Kamino, expanding its cross-chain liquidity ecosystem.
7️⃣ Security and Audits: Wormhole prioritizes security, conducting internal audits and engaging third-party firms for external audits. Built on robust cryptographic primitives, it ensures a secure cross-chain communication environment.
8️⃣ Tokenomics: With a total supply of 10 billion, W token has an initial circulating supply of 1.8 billion. It facilitates seamless transfers across networks via Solana SPL and Ethereum ERC20 standards.
9️⃣ Exchanges: W tokens are tradable on major exchanges like Gate.io, Binance, Bybit, OKX and many more, enhancing liquidity and accessibility for users.
🔟 Recent Developments: Wormhole secured a staggering $225 million in funding, elevating its valuation to $2.5 billion. The W token launched with a market capitalization of $3 billion, marking significant milestones for the project.
1️⃣1️⃣ Conclusion: Wormhole isn't just a bridge; it's a cosmic connector, fostering a more interconnected crypto ecosystem. As the industry advances, Wormhole's role in achieving true interoperability remains indispensable. 🚀🔗
🌟 If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#CryptoSimbhaGems🦁🏹 #wusdt🚀💥 #Wormholecoin #Cosmos #Solana⁩ $W $ATOM $SOL

🌐 Get ready for a thrilling lineup of Layer-2 crypto projects making their way to Bullrun 2024-25. These projects are set to revolutionize the blockchain landscape and offer incredible opportunities for investors. 🌐
🧵 Exploring Top Layer-2 Solutions for Blockchain Scalability in this thread ⬇️🧵
1️⃣ Ronin (RON): Ronin is an EVM blockchain designed for gaming, launched by Sky Mavis, creators of Axie Infinity. It has scaled to millions of daily users and processed over $4B in NFT volumes. #Ronin #AxieInfinity
2️⃣ Boba (BOBA): Boba Network is an Ethereum layer-2 scaling solution using optimistic rollups. It increases transaction throughput, reduces gas fees, and leverages Hybrid Compute tech for off-chain data access. #BobaNetwork #EthereumL2
3️⃣ Immutable (IMX): Immutable X is a layer-2 solution for NFTs on Ethereum, offering instant transaction confirmation and near-zero gas fees for minting and trading NFTs. It enhances Ethereum's scalability and user experience. #ImmutableX #NFTs
4️⃣ MetisDAO (METIS): MetisDAO is an Ethereum Layer-2 scaling solution addressing the blockchain trilemma (decentralization, security, scalability). It aims to overcome Ethereum's speed, cost, and scalability challenges. #MetisDAO #EthereumL2
5️⃣ Cartesi (CTSI): Cartesi is a Layer 2 solution for the Ethereum Virtual Machine, enabling off-chain transactions for payments and smart contracts. It provides fast, simple, and secure application development. #Cartesi #Layer2
6️⃣ Polygon (MATIC): Polygon is a Layer 2 scaling solution running alongside Ethereum, offering speedy transactions and low fees. MATIC is the network's native cryptocurrency used for fees, staking, and more. #Polygon #MATIC
7️⃣ Celer (CELR): Celer Network is a Layer-2 scaling platform for off-chain transactions, including payments and smart contracts. It aims to bring blockchain technology to mass adoption. #CelerNetwork #Layer2
8️⃣ Loopring (LRC): Loopring is a scaling solution for Ethereum, using open-source smart contracts to create new projects. It focuses on creating a new exchange for crypto traders. #Loopring #EthereumL2
🌟 If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#CryptoSimbhaGems🦁🏹 #Layer2 #BobaNetwork #Ethereum✅ #LRC/USDT $RONIN $IMX $METIS

🪐 Explore Galaxis (GALAXIS) - Transforming Digital Communities 🪐
🚀 Let's dive into key features and potential of #GALAXIS in this captivating thread! 🧵👇
1️⃣ Introduction and Overview: Galaxis revolutionizes digital communities, offering a no-code environment where creativity thrives. It empowers users to monetize their creations in a dynamic ecosystem where Web3 projects, artists, athletes, and businesses converge.
2️⃣ Technology and Feature: Leveraging blockchain tech, Galaxis provides tools to create, manage, and sell dynamic NFTs with utility. Customizable membership cards redefine digital collectibles, fostering rapid community engagement.
3️⃣ Whitepaper Analysis: Galaxis, a blockchain-based project, emphasizes reshaping community interaction. It discusses Galaxis Engines' potential to unlock new community engagement dimensions and earning opportunities.
4️⃣ Use Case: GALAXIS token unlocks utilities and benefits on the platform, including community staking and developer fee payments. It serves as a primary token and empowers creators to benefit from their work.
5️⃣ Team and Leadership: Led by Andras Kristof, the Galaxis team has been in crypto since 2013 and NFTs since 2017. The $1,000,000 Creator and Community Grants underscore Galaxis's commitment to empowering creators.
6️⃣ Partnerships: Collaborations with Mike Tyson, Steve Aoki, and the NBA solidify Galaxis's reputation as a transformative force in decentralized communities.
7️⃣ Security and Audits: While leveraging blockchain security features, specific details about audits are not readily available.
8️⃣ Tokenomics: Circulating supply is 323.61 million, with a maximum supply capped at 10 billion GALAXIS tokens.
9️⃣ Exchanges: GALAXIS token trading is available on centralized exchange Bybit and Uniswap V3, providing liquidity and accessibility.
🔟 Conclusion: Galaxis reshapes digital communities, empowering creators and fostering vibrant ecosystems. With unique features, strategic partnerships, and recent token launches, Galaxis is set to make a significant impact in the Web3 ecosystem.
🌟 If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#CryptoSimbhaGems🦁🚀 #NFT #Ethereum #Web3 #Binance $ETH $NFP $APE

🚀 Mode (MODE) - Transforming DeFi with Optimism 🚀
🚀 Let's dive into key features and potential of #MODE in this captivating thread! 🧵👇
1️⃣ Introduction and Overview: Mode is a Modular DeFi L2 solution within the Optimism ecosystem, empowering developers and users to grow an ecosystem of world-class applications. With fees reduced by over 95%, thanks to Optimism's Bedrock upgrade, MODE token plays a central role in governance and economic incentives.
2️⃣ Technology and Feature: Mode fosters growth in blockchain applications through innovative economic systems and direct rewards for developers and users. It enables rapid deployment of applications compatible with Ethereum Virtual Machine (EVM) chains, offering tools and support to scale efficiently.
3️⃣ Whitepaper Analysis: Mode's Layer 2 DeFi solution enables rapid deployment of EVM-compatible applications, with significant funding opportunities through partnerships like the Optimism $2 billion RPG Funding program. The MODE token governs the protocol and ecosystem.
4️⃣ Use Case: MODE token holders participate in governance, voting on proposals affecting development and operational decisions. Developers receive MODE tokens through airdrops for their contributions to the platform.
5️⃣ Team and Leadership: Led by James Ross (Founder), Patrick Woo (CTO), and Nick Dijkstra (CPO), the Mode team is committed to empowering developers and users, fostering an ecosystem of world-class applications.
6️⃣ Partnerships: Mode has formed partnerships with entities like Kim Exchange, Ionic, and Sturdy, fostering growth in blockchain applications through innovative economic systems.
7️⃣ Security and Audits: The security of Mode L2 is currently dependent on a multisig managed jointly by the Mode Security Council, the Optimism Security Council and the Optimism Foundation. This multisig can be used to upgrade core Mode L2 smart contracts without upgrade delays to allow for quick responses to potential security concerns. All upgrades to the system must be approved by both component multisigs and either can veto an upgrade.
8️⃣ Tokenomics: With a total supply of 10 billion MODE tokens, the initial circulating supply is 1.3 billion. MODE tokens govern and grow the Mode protocol and ecosystem.
9️⃣ Exchanges: MODE tokens can be traded on centralized exchanges like Gate.io, Bybit, MEXC and Bitget, providing liquidity and accessibility to users.
🔟 Recent Developments: Mode launched its mainnet in January 2024, with the $MODE token going live in May 2024. An airdrop initiated on May 7th distributed native tokens to eligible users.
1️⃣1️⃣ Conclusion: Mode's innovative economic systems, reduced fees, and rewarding mechanisms position it as a promising project in the DeFi space, poised to become a leading force in blockchain applications.
🌟 If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#CryptoSimbhaGems🦁🚀 #Layer2 #ModeNetwork #Ethereum #Web3 $ETH $OP $ARB