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About Arbitrum (ARB) Arbitrum is a layer-2 scaling solution designed to address the congestion issues faced by the Ethereum network. Developed by New York-based company Offchain Labs, Arbitrum focuses on improving the validation of smart contracts. By doing so, it aims to increase transaction throughput while maintaining the security of the Ethereum mainnet. The platform employs a technique called "transaction rollups" to achieve this goal. In essence, transaction rollups involve bundling transactions and records, validating them on the layer-2 network, and then moving the data to the layer-1 mainnet – in this case, Ethereum. This process reduces congestion on the mainnet by offloading some of the computational burdens to the layer-2 network. Arbitrum compensates nodes, known as aggregators, that actively validate smart contracts running on the Arbitrum chain. These nodes receive rewards in ETH and are responsible for adding blocks to the Ethereum mainnet. Recently, The Arbitrum Foundation is facing criticism over its handling of the $1 billion AIP-1 proposal, with concerns about transparency and community input. AIP-1 aims to allocate ARB tokens to a foundation-controlled wallet for distribution to developers, users, and investors. However, fears of centralization and decision-making issues have prompted calls for increased transparency and community involvement in Arbitrum's governance. #ARB🔥🔥🔥 $ARB
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MTL Metal Pay is a blockchain-based system developed by Metallicus, Inc. that harnesses a Proof-of-Processed-Payments (PoPP) mechanism to identify users and reward them for converting traditional fiat currencies into cryptocurrencies. Metal Pay purportedly aims to further the mass adoption of crypto by acting as a bridge to the world of cryptocurrencies. Metal Pay is powered by the Metal ($MTL) token. The live price of MTL is available and tracked on Binance. Metal Pay utilizes its novel PoPP consensus system to verify users' identity and reward them by giving users a certain amount of tokens when they use the wallet to transfer, pay and send money, and rewarding those who convert fiat currency to cryptocurrency. Unlike other blockchain platforms, Metal Pay does not charge fees and reportedly prioritizes rewarding users with a specific amount of MTL. This approach aims to encourage more users to adopt Metal Pay wallets by providing incentives. Metal Pay also partnered with Visa to make the Metal Pay Credit Card, allowing users to spend USD directly with the card and earn crypto rewards. Metal Pay has no on-chain governance. Users wanting to participate in the network must have an established identity due to Metal use's proprietary anti-money-laundering and anti-fraud technology. This is done to integrate high-risk users into the platform and get them started with a cryptocurrency payment platform for their business needs. Metal Pay is available on the Apple App Store and the Google Play Store. Future plans by Metallicus, Inc. include building its proprietary layer zero blockchains that its products can exist on, allowing its products to be interoperable with various blockchains. This layer zero blockchain would give users access to a wide range of assets. #MTL
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SWGT to Be Listed on Multiple Exchanges June 26 Following 8,000-Investor Pre-sale
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About Lido DAO (LDO) Lido DAO is a liquid staking protocol built on the Ethereum network that enables ETH staked for ETH2 during the initial phase of the Merge to be staked in other protocols. This is a significant use case because, since the proof-of-stake (PoS) Beacon Chain launched in December 2020, any ETH staked on Ethereum had been locked and unavailable for use outside of its staked position. With the help of its network cryptocurrency, LDO, Lido DAO enables staked Ethereum to be reflected as stETH, thereby allowing its liquidity to be staked in other protocols. Post the Ethereum Merge of 2023, Lido continues to pool user ETH into validator nodes, allowing anyone to participate in staking regardless of their individual ETH holdings. LDO is used as a network governance token on the Lido platform. The LDO token is the key to Lido DAO's governance and its value is tied to the success of the platform. LDO holders can vote on proposals that affect how Lido DAO operates, such as fees, adding new staking assets, and choosing node operators. A portion of the fees Lido charges on staking rewards is used to buy back and burn LDO tokens. This can increase the value of LDO over time as supply decreases. LDO is also used to incentivized various participants like protocol developers, node operators, and users to contribute to its growth. LDO price is updated and available in real time on Binance. #LDO $LDO
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About SingularityNET (AGIX) SingularityNET is a blockchain-based platform that purports to enable individuals with the opportunity to create, share and monetize AI services easily. The SingularityNET platform creates an environment that enables participants worldwide to engage in its digitally accessible AI marketplace. The platform is promoted as an open-source network enabling individuals to browse, test and purchase AI services. This positions SingularityNET as a potential resource for developers looking to publish and offer AI services to customers who are actively looking for them. All purchases are made using the SingularityNET native cryptocurrency token. SingularityNET started exclusively as an ERC-20 token, deployed on the Ethereum blockchain network. Today, SingularityNET exists on Ethereum and the Cardano blockchain. The SingularityNET digital token is known by its token ticker $AGIX. SingularityNET price is updated and available in real-time on Binance. #AGİX
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