What should a trading platform in the crypto industry look like?
Faced with this question, most people will give two answers: decentralized exchanges and centralized exchanges.
Whether it is a centralized exchange or a decentralized exchange, it relies on the order book or market maker model to match transactions between buyers and sellers. The difference between the two is that one uses people and a centralized platform to achieve this goal, while the other uses mathematics and contracts to achieve this goal.
However, these widely accepted forms of transactions are not the end of the crypto industry’s trading track. The blockchain industry is vibrant because of the continuous emergence of innovations.
This year, an extremely innovative protocol and product appeared in the trading track - "transfer is transaction", and the representative project that practices this concept is Change. Change not only built a trading platform, but also a public chain.
For a project with innovative ambitions in the industry, how can it grasp the development direction of the industry and implement its ideas? Change has provided a model for the industry with its practices and achievements.
Transfer is transaction, using the underlying protocol to innovate and create a new transaction paradigm
ChangeSwap.io adopts an innovative trading method - transfer is transaction. The project is built on BNBChain. Users can get the corresponding project tokens by sending BNB to an address. Similarly, users can get BNB by sending project tokens to this address. Transactions can be realized through such simple operations without leaving the user's wallet.
Another aspect of this transaction innovation that can be perceived by users is that the contract address of the token and the contract address of the transaction are the same.
From a more professional perspective, this trading model eliminates the need for operations such as DEXapprove, which involves specifying the deposit and withdrawal of contracts, and swap formula pricing, which involves adding LP to the original pool pricing. This reduces transaction slippage and lowers gas fees.
Change first innovated the protocol, simplifying the transaction process and costs from the underlying contract. But Change did not want to stop there, it also built a trading platform with such an innovative protocol, and it hoped that all project parties would use this protocol to issue coins and adopt this method to allow users to trade tokens.
This model is very suitable for the private placement of some small MEME coins, and transactions can also focus on the demand for Meme speculation.
This is an innovation that follows the development trend of future trading tracks. As the crypto market continues to expand and mature, future transactions will tend to be more refined to meet the needs of users from different groups and different vertical scenarios.
Change builds a platform to bring together project parties and users with similar needs, which ensures that the project can be scaled and developed sustainably.
In addition to innovations in the underlying contracts, ChangeSwap.io has also made innovations in the specific implementation details of the project. Change CMO Edward said in an interview that ChangeSwap.io has a unique cooling transaction mechanism that prevents high-value transactions from becoming the target of arbitrage robots, ensuring a balanced trading environment and fair prices. In addition, users can get extra rewards by staking project tokens, and users' staking behavior provides immediate ecological support for the project. From a longer-term perspective, the above features of ChangeSwap.io create an environment conducive to the growth of new blockchain projects by ensuring easy access, fair participation, and security for users.
Change is a trading platform, but it is not limited to trading itself. It holds the ideal of promoting the development of the industry and truly helps the growth of excellent projects. By building a platform, Change also builds a bridge to establish close cooperative relationships between projects and build a healthy and diverse ecosystem in the industry.
Combine AI technology to change the direction of the tide
Change not only does transactions, but also builds a public chain. The uniqueness of this public chain lies in the successful introduction of AI technology.
Change Chain creates a high-performance, low-cost blockchain ecosystem suitable for various applications such as AI, entertainment, and Defi by integrating advanced AI models and algorithms.
The first benefit of integrating AI technology is that it can be used to optimize on-chain transactions, thereby reducing costs. AI technology can continuously analyze network data and operational indicators, and projects are continuously optimized according to the results of AI analysis, thereby achieving high transaction speeds and low latency transaction characteristics.
Edward said that the AI algorithm will focus on minimizing the computing resources required for transactions, thereby providing the lowest gas fees in the industry. In addition, the AI model will actively detect and respond to security threats to ensure strong protection for transactions.
It is precisely this low-gas, high-throughput feature that meets the needs of small and medium-sized enterprises and lowers the threshold for traditional enterprises to use blockchain and AI technology services.
It is after the influx of AI technology that Change Chain has ushered in a milestone development. At present, Change Chain has 32 main nodes distributed around the world, which are responsible for block generation, sorting, verifying transactions, maintaining ledgers and participating in consensus.
At present, some new nodes are being established all over the world. Change Chain provides a unique profit-sharing mechanism for these nodes. The platform revenue will be permanently allocated to the nodes, thereby encouraging the stable and rapid development of Change Chain.
It is this underlying business philosophy of win-win cooperation that has promoted the vigorous development of Change, the increasing number of partners, and the continuous expansion of the ecosystem.
At present, both CSG and AI Music Lab, which are deployed in the Change ecosystem, have achieved impressive performance. CSG, the first project in the ecosystem, is the first native reality show based on Web3. It has reached joint promotion channels with many international media and live broadcast platforms. The CSG tokens issued simultaneously will be mainly used for reality shows on overseas platforms such as Tiktok and Whistle, as well as derivative entertainment live broadcast interactions. Currently, a CSG exclusive gift area has been opened on Whistle, where CSG tokens can be used to reward anchors. 50% of the live broadcast revenue will be repurchased for token destruction to achieve a token deflation model.
The second project, AI music project WM (Wonderful Meldoy), was built by a well-known AI laboratory based on Change. It uses advanced convolutional neural network (CNN), natural language processing (NLP) and recurrent neural network (RNN) technologies. Users only need to upload a picture to generate music works that match the emotion with one click, realizing efficient and personalized music creation. Ultra-high efficiency and ultra-low Gas make it feasible for AI to operate on the chain, which is another important innovative attempt by Change in its AI ecosystem construction.
In the field of DePIN, it is reported that Change is about to establish a strategic partnership with Cyber Charge and will soon launch a hardware mining machine. Cyber Charge is the world's first DePIN C2E network based on smart charger hardware. Through smart chips with identity identification and Web3 technology, renewable energy is combined with decentralized finance. Using the global power matching protocol GPMP, intelligent allocation of power network resources and P2E and other gameplays to bring users a rich social game experience, realize charging mining, AI computing power, etc. Users can manage digital assets, social, and game entertainment through corresponding applications and DApps. Next, Change and Cyber Charge will leverage each other's advantages to further deepen cooperation in the field of Web3.
It is the continuous exploration and efforts of bridge-leading projects like Change that have changed the direction of the tide.
