In the multiverse of decentralized finance, Alcor found its specific place in the $WAXP blockchain and is now well-known as the meme-coin and game-token exchange. For those, open for experimentation with blockchain and eager to invest in these rather exotic tokens, Alcor becomes a decent and decentralized platform to explore this sphere without having to deal with exchanges.
Some tokens and coins in the @WAX ecosystem are meant to be much more than just simple assets within a game – they represent collectiveness of the community. The formation of memecoins is most frequently the result of the efforts of ordinary people who love to come up with something innovative, amusing, and at times rather unconventional. On the other hand, game tokens are an advance indication of the fusion of block chain with gaming, where people can buy, sell and even make in-gameassets which are valuable in the real world. It is at Alcor Exchange that these tokens are real, where Alcor allows users to decide on the platform’s future.
However, Alcor is not only transactions but also closely associated with the social life of the #WAX community. It is here that social mining comes into play as an essential activity. Of course, social miners who are real and active members of a community may not trade on Alcor, but their efforts are precious. They get involved with content creation, community engagement, and helping to spread the word about WAX projects making the community stronger, and more informed. Their work contributes to Alcor and other similar platforms in the course of popularization and engagement.
This is something #DAOLabs social miners believe in, something that goes far beyond the dream of tokens and goes directly to the heart of community power. In this way, #SocialMining community assist other people in getting acquainted with the WAX blockchain and creating conditions for the development of platforms like Alcor. Such an approach is in line with this community-centric orientation of the WAX ecosystem where, in the middle of it all, is #WAXHub , within the exchange of artistic and inventive digital assets.
While in the perspective of WAX blockchain Alcor Exchange is the DEX, it is in fact the center where the activity occurs. Whether you are passionate about memecoins, game tokens, or are simply interested in sustained innovation in the blockchain space, Alcor is an important puzzle piece aping the decentralization, innovation, and cooperation that are part of the WAX experience. Of course, it is an exchange but going through the various products in the WAX ecosystem, it is more like a colourful marketplace where the WAX community goes all out to showcase their talents.
