

FULLFORMDEFINITION
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your Cryptocurrency knowledge and support exam preparation. Choose a topic below to get started.
102. |
SCL meaning in Cryptocurrency ? |
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Answer» INFO: Full form for SCL is Sociall in Cryptocurrency category
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103. |
CELL meaning in Cryptocurrency ? |
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Answer» INFO: Full form for CELL is Cellframe in Cryptocurrency category
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104. |
SANA meaning in Cryptocurrency ? |
Answer» INFO: Full form for SANA is Storage Area Network Anywhere in Cryptocurrency category |
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105. |
SAO meaning in Cryptocurrency ? |
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Answer» Sator is a decentralized application platform designed to scale and expand linear content (Television, Film, Music, Streamers) to a non-linear content engagement experience. Audiences are incentivized by social utility token rewards (SAO) and content-based NFTs in the Sator dApp marketplace. Content creators, producers, and content rights holders simultaneously grow audience and global reach. Sator Network (SAO) runs on Ethereum and Solana, utilizing Wormhole bridge for bidirectional transfers and cross-chain interoperability. reference
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106. |
CSMC meaning in Cryptocurrency ? |
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Answer» A platform where musicians can mint their music and sell them as limited edition NFT’s. Cosmic also gives users an easy way to search for music NFT’s as well as buy and communicate with creators. As an artist you will be able to easily upload your music and market it as an NFT. Artists will also earn royalties on every sale thereafter.The platform will be intuitive and developed with ease of use in mind. A decentralized platform for musicians to mint and sell their music without a large fee taken out & showcase new and popular NFT musicians. Cosmic is a worldwide music NFT platform connecting artists, producers, scouts and listeners. reference
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107. |
SCHO meaning in Cryptocurrency ? |
Answer» What is SCHO? Scholarship Coin (SCHO) is a decentralized peer-to-peer electronic cryptocurrency that has been created with the ambition to power a scholarship system that will incentivize students based on their academic performance in their recognized institution. How Many SCHO Coins Are There in Circulation? SCHO is a limited supply of 20 million coins that can be mined and brought into circulation. The Scholarship Foundation will participate in the mining process to gradually build its treasury. The treasury will be used to back another coin which will be a Scholarship Stable Coin SCHOUSD which will be worth 1$ USD. Once the stable coin is launch, it will be used to operate the Scholarship Foundation System. Additionally, on top of continuous mining of the SCHO, the Scholarship Coin Foundation will purchase more SCHO. The foundation will use 50% of the minted stable coins to reinvest in the foundation by purchasing SCHO. The purchase of SCHO will occur one time period every month. The Foundation will continue mining and purchasing SCHO until its treasury holds 10 million SCHO. The remaining 10 million SCHO will remain in circulation forever. Who Are the Founders of the Scholarship Coin? The Scholarship Coin and its economic scholarship system was designed and created by the World Scholarship Foundation, a non-profit organisation that is managing the continued support of the Scholarship Coin infrastructure and Scholarship rewarding system which will operate with its stable coin (SCHOUSD). The founders of the project have a good understanding of cryptocurrency economics. Their strong points are project management, programming, development and strategic communications. This initiative paves the way as the first official charitable cryptocurrency project. It is an opportunity to demonstrate real case usage of blockchain technology to leverage social development and wealth. The foundation aims to demonstrate the true benefits of cryptocurrencies for society by tackling the issues which revolve around access to proper education, an area that needs strong support across the world. The main objective of this project is to demonstrate how cryptocurrency can power social infrastructures and contribute to a positive evolution factor for humanity. Where Can I Buy Scholarship Coin (SCHO)? SCHO is available for trading on a growing number of exchanges: Useful Links: Website: www.scholarshipcoin.org Whitepaper: https://scholarshipcoin.org/files/ScholarshipCoin_Wahitepaper_V1.pdf Mining Pools: • NOMP: http://pool2.scholarshipcoin.org/ • YIIMP: https://pool.scholarshipcoin.org/ Groups and Social Pages: -Medium: https://medium.com/@scholarshipcoin -Twitter: https://twitter.com/CoinScholarship -Reddit: https://www.reddit.com/r/Scholarship_Coin/ -GitHub: https://github.com/scholarshipcoin -Discord: https://discord.gg/Xt28253Caf reference |
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108. |
SAMO meaning in Cryptocurrency ? |
Answer» If you would like to know where to buy Samoyedcoin (SAMO), the top exchanges for trading in Samoyedcoin are currently Bitrue, Raydium and Orca. You can find others listed on the Samoyedcoin price market pairs page. Samoyedcoin price trading pairs include: SAMO/USDC, SAMO/USDT and SAMO/RAY Samoyedcoin ($SAMO) is Solana’s memecoin, aiming to be community-owned and fun. It was inspired by Dogecoin, Sam Bankman-Fried (CEO of Alameda Research and FTX) and Anatoly Yakovenko (co-founder of Solana), hence the choice of the dog breed samoyed, bringing these two giants together. It aims to help grow Solana's ecosystem by appealing beyond its core, mostly composed of highly technological coins. The community is already strong with SAMO only being a few months old, and growing larger by appealing to people who would not be interested in cryptocurrencies. It has all the upsides of Solana's blockchain (high scalability, high speed, low fees) while being a fun cryptocurrency to trade. Keep track of Samoyedcoin prices live by downloading the CoinMarketCap mobile app and check cryptocurrency prices on-the-go. To check Samoyedcoin price today in the fiat currency of your choice, you can use CoinMarketCap’s converter feature directly on the Samoyedcoin price page. reference |
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109. |
ACED meaning in Cryptocurrency ? |
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Answer» INFO: Full form for ACED is AceD in Cryptocurrency category
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110. |
ACED meaning in Cryptocurrency ? |
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Answer» INFO: Full form for ACED is AceD (old) in Cryptocurrency category
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111. |
MAMA meaning in Cryptocurrency ? |
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Answer» MAMA DAO is a decentralized reserve currency protocol on the Polygon Network based on the MAMA token. Our vision is to develop infrastructure incentives that meet its commitment to become the de-facto community-owned mutual fund, which backs and contributes to building the future of the metaverse and the Defi gaming universe. Each MAMA token is backed by a basket of assets (e.g. DAI, MAMA-DAI LP Tokens, Metaverse Infrastructure Projects and NFT Projects, etc.) in the MAMA DAO treasury - like a mutual fund. Thus, this gives MAMA an intrinsic value that it cannot fall below as MAMA's token price will converge to the backing of its treasury. MAMA DAO also introduces unique economic and game-theoretic dynamics into the market through staking and bonding. Eventually, MAMA will have proof of value from its backing by metaverse and gaming infrastructure on top of the stable coins as the treasury grows over time. reference
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112. |
ASIA meaning in Cryptocurrency ? |
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Answer» Asia Coin(ASIA) is the native token (ERC20) of Asia Exchange and aiming to be widely used in Asian markets among Diamonds,Gold and Crypto dealers. AsiaX Team is now offering crypto trading combined with 450,000+ loose diamonds stock search engine . AsiaEx-instant crypto exchange designed for secure level of protection ensuring complete anonymity. Online Diamond Exchange-crypto to diamonds solution allowing major cryptocurrencies to be exchanged to certified stones with a laser inscription of a unique ID. -Circulating Supply:19,100,100 ASIA -Max Supply:100,000,000 ASIA reference
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113. |
SAINT meaning in Cryptocurrency ? |
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Answer» INFO: Full form for SAINT is Saint Inu in Cryptocurrency category
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114. |
CAPP meaning in Cryptocurrency ? |
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Answer» INFO: Full form for CAPP is Cappasity in Cryptocurrency category
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115. |
MP4 meaning in Cryptocurrency ? |
Answer» INFO: Full form for MP4 is MP4 in Cryptocurrency category |
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116. |
CIND meaning in Cryptocurrency ? |
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Answer» The CIN in Cindrum stands for 'consolidate in network,' meaning a virtual world where reality is integrated. Cindrum is more than an augmented reality (AR) experience,Users, through their avatars, can express what they could in real life and even more in a virtual social networking envirnment. the virtual space of Cindrum will be closer to "another reality " for users. overcoming the physical boundaries and limitations of reality, CINDRUM as a new paradigm is going to connotate a pioneer that brings a new wave of metaverse thchnology. reference
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117. |
COLD meaning in Cryptocurrency ? |
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Answer» INFO: Full form for COLD is Coldbank in Cryptocurrency category
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118. |
COLD meaning in Cryptocurrency ? |
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Answer» INFO: Full form for COLD is COLD FINANCE in Cryptocurrency category
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119. |
CCOM meaning in Cryptocurrency ? |
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Answer» Play-to-Earn. Metaverse. Discover. PVP To participate in the game the player must purchase a character of their choice each with different skills , these skills will benefit each game and will have different roles in ( Gallen City ) . To participate in wagering games, you must buy a house or can rent it from someone else. the houses will have LV1-LV10 , if you have an LV10 house you will get profit from 10 tenants . And most games in the city are betting reference
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120. |
CMIT meaning in Cryptocurrency ? |
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Answer» INFO: Full form for CMIT is CMITCOIN in Cryptocurrency category
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121. |
CELF meaning in Cryptocurrency ? |
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Answer» Santas Little helper is in town! Welcome the one and only Christmas Elf! Christmas Elf is a jolly meme and community token on the Binance Smart Chain. Christmas Elf is on a journey for an endless amount of holidays spent in outer space. Christmas is coming early this year! The joy that fills the streets like a remedy. For everyone around the world who needs a little cheer! Christmas is making its way into the cryptocurrency market to reward those who will hold $cElf with BUSD. If you are naughty and sell then Christmas Elf will punish you and will not give you any rewards. Christmas, won't you please come early this year? Come early this year, please! reference
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122. |
OBIC meaning in Cryptocurrency ? |
Answer» INFO: Full form for OBIC is OBIC in Cryptocurrency category |
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123. |
COMB meaning in Cryptocurrency ? |
Answer» INFO: Full form for COMB is Combo in Cryptocurrency category |
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124. |
COMB meaning in Cryptocurrency ? |
Answer» INFO: Full form for COMB is Combine.finance in Cryptocurrency category |
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125. |
SAFU meaning in Cryptocurrency ? |
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Answer» StaySAFU is a real revolution in the DeFi world - at least for investors. It's the perfect program to estimate the risk of scam of any token: it analyzes, of course, all possible mathematical factors (holder distribution, dev wallet transactions, liquidity lock, ownership, contract code), but also and above all informs investors about the quality of the dev team that handles the token, allowing for increased reliability regarding the risk of fraud. reference
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126. |
ISLA meaning in Cryptocurrency ? |
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Answer» INFO: Full form for ISLA is Defiville in Cryptocurrency category
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127. |
ISLE meaning in Cryptocurrency ? |
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Answer» Island Coin is a community-based, deflationary coin built on custom code with community redistributions and recurring burn events. When you join the island coin community, you’re adopting a lifestyle. $ISLE has a host of new features that will enable it to weather current market corrections and deliver significant growth. First and foremost is SAND, a community-first redistribution mechanism that awards holders. SAND captures and pools together 5% of every $ISLE transaction. Whenever the pool reaches a predetermined amount, the SAND redistributes to all holders with over 100M $ISLE with one wallet earning 25% of the pool, 50% going to 100 wallets and the rest of eligible wallets splitting 25%. In true island fashion, we also burn 5% of tokens. Instead of automatically burning, we will burn in weekly intervals on Friday. reference
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128. |
CARD meaning in Cryptocurrency ? |
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Answer» INFO: Full form for CARD is Cardstack in Cryptocurrency category
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129. |
CARDS meaning in Cryptocurrency ? |
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Answer» CARD.STARTER (CARDS) is a cryptocurrency and operates on the Ethereum platform. CARD.STARTER has a current supply of 0. The last known price of CARD.STARTER is 5.54478702 USD and is up 1.27 over the last 24 hours. It is currently trading on 15 active market(s) with $946,076.19 traded over the last 24 hours. More information can be found at https://www.cardstarter.io/. reference
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130. |
COMET meaning in Cryptocurrency ? |
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Answer» INFO: Full form for COMET is Comet Nodes in Cryptocurrency category
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131. |
SAGA meaning in Cryptocurrency ? |
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Answer» INFO: Full form for SAGA is CryptoSaga in Cryptocurrency category
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132. |
SANTA meaning in Cryptocurrency ? |
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Answer» INFO: Full form for SANTA is Santa Coin in Cryptocurrency category
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133. |
SANTA meaning in Cryptocurrency ? |
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Answer» INFO: Full form for SANTA is Rich Santa in Cryptocurrency category
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134. |
COMP meaning in Cryptocurrency ? |
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Answer» INFO: Full form for COMP is Compound Coin in Cryptocurrency category
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135. |
SPO meaning in Cryptocurrency ? |
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Answer» Spores Network is building a multi-chain interoperable NFT marketplace and DeFi protocols for Creative Industries: Animation, Collectibles, Digital Artworks, Fashion, Gaming, Sport Cards. Spores Network founders deeply believe that a digital “metaverse” is being built today that will revolutionize our thoughts and behavior with respect to living, owning, sharing our physical and digital lives. Crypto enables two exciting and eventual two paths: Decentralization of Ownership, Frictionless Redistribution of Capital. Spores seeks to empower creators to create, exchange, and communicate their life’s work. Our Core Values are defined as: Creator Centricity, Frictionless, Borderless, Community. SPO would allow holders to propose and vote on on-chain governance proposals to determine future features and/or parameters of the Spores platform, with voting weight calculated in proportion to the tokens staked (the right to vote is restricted solely to voting on features of the Spores platform; it does not entitle SPO holders to vote on the operation and management of the Company, its affiliates, or their assets or the disposition of such assets to token holders, and does not constitute any equity interest in any of these entities or any collective investment scheme, and the arrangement is not intended to be any form of joint venture or partnership). As the base platform currency, SPO may be utilised to participate in a variety of interactions with integrated third party DeFi protocols (e.g. LP mining, staking, usage as collateral lending), to engage with these protocols and receive incentives for such engagement. Usage of SPO for payment of platform fees would entitle a user to discounted fees. SPO may also be acquired to pay for periodic subscription plans relating to NFTs (e.g. Elite Club subscriptions to receive exclusive NFT airdrops, collectible rewards and presale access to exclusive NFT drops). NFT-DeFi incentives NFT club subscription Governance & Voting It is now the marriage of NFTs & DeFi for massive applications. reference
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136. |
ESK meaning in Cryptocurrency ? |
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Answer» The Eskimo Inu is a joyful, high-spirited dog who loves playing and sporting in the snow. They are social, loving, and seek out to make friends. The Eskimo Inu is a loyal breed known to have excellent eyes and ears, they very faithful to their family, and are serious about it’s watchdog responsibilities. Eskimo Inus get along with other dogs, but they might get jealous when other dogs get all of the attention. The breed is intelligent, fast learning, and skilled at tricks, and will use it’s intelligence in ingenious ways to suit everyone’s needs. It can very well adapt to busy, chaotic environments with ease and efficiency. reference
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137. |
ESK meaning in Cryptocurrency ? |
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Answer» INFO: Full form for ESK is Eska in Cryptocurrency category
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138. |
NAMI meaning in Cryptocurrency ? |
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Answer» INFO: Full form for NAMI is Tsunami finance in Cryptocurrency category
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139. |
NAMI meaning in Cryptocurrency ? |
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Answer» INFO: Full form for NAMI is Nami Inu in Cryptocurrency category
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140. |
STEP meaning in Cryptocurrency ? |
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Answer» What is Step Hero? Step Hero is the lucrative NFT fantasy-themed RPG game on BSC and Polygon. Step Hero ecosystem is the perfect combination of NFT gaming and DeFi that enables users to have fun and earn profit simultaneously. The comprehensive ecosystem is made up of a fantasy-themed role-playing game with attractive gameplay, a cross-chained NFT marketplace, NFT collectibles, and HERO token. Moreover, Step Hero also provides a social network experience with a supportive community. What is Step Hero Soul (STEP)?Step Hero Soul (STEP) tokens are earn by staking hero NFTs and playing the Step Hero game. $STEP token is the last piece to complete the $STEP - $HERO P2E ecosystem. $STEP is BEP20 token and totally generated by Step Hero's users. $STEP tokens are emitted regularly to reward users' activities such as staking NFTs in Bounty Hunting, winning PvE/PvP battles and completing in-game missions. Users also can trade $STEP tokens on DEXs and CEXs exchanges. $STEP tokens have many use cases. Users can pay both $STEP token and $HERO token to summon a new hero NFT from their 2 NFTs. Moreover, they also can open equipment chests, upgrade star ranks of heroes and buy in-game items like healing potions, power-impulse-potions, crafted weapon using $STEP. Learn more about $HERO token here Who is the team behind Step Hero?Step Hero Team is an enthusiastic game studio - a dynamic young team with various years of experience in blockchain generally and cryptocurrency particularly. Our team has more than 20 members with impressive backgrounds in different fields. We're game-lovers with the desire to recreate legendary characters of their childhood game in real life aligning with the 4.0 technology trend. Step Hero team took time to thoroughly study each character and create a creative NFT project, including a high liquidity marketplace and RPG game. Step Hero is the result of a proper working spirit. Our team’s ambition is to make Step Hero the best NFT game in the market. The founding team consists of the following individuals: Gabriel Vu — Chief Executive Officer: Leo Vu is a tech-based business owner with over 10 years of experience in the e-commerce industry. He is the founder-CEO at Ligovi Ecom and the former CMO at Phat Media. Lilly Nguyen — Chief Marketing Officer: Besides having a Master of International Marketing Management degree in the UK, Lilly Nguyen has 6 years of experience at high-profile businesses in Vietnam such as VidGo, Vingroup, Viettel Telecom and other Tech startups. She will take charge of growth hacking and creative roles. Lucifer Nguyen — Chief Technology Officer: He is the founder of sPhoton Technology and Deverion. Moreover, he is a veteran software developer who has achieved prestigious programming awards, such as 1st prize of MSP Vietnam’s hackathon 2016 & 2nd prize of Vietnam National Imagine Cup 2015. Stephen Dong — Technical Leader, Blockchain Engineer: He has over 8 years of experience working directly with large-scale clients and IT vendors, including 2 years in the blockchain area. He has brought Step Hero comprehensive technical architecture thanks to his skills and insights about decentralization protocol architecture, system scalability and security, and DeFi solutions. Krillin Tao — Art & Game Director: Tao has 15 years of working experience in art communication and game design. He was one of the creators of the animation coloring application for kids participating in the Bluebird Award — the largest competition for game developers in Vietnam in 2016. What Makes Step Hero Unique?Step Hero is created with the most sophisticated graphic design of world-class collectibles and a comprehensive and homogeneous NFTs ecosystem. Moreover, the NFTs marketplace is equipped with superior features that allow users to buy and sell NFTs, list other NFTs, create their own NFTs, even launch NFT auctions and join affiliate programs with an attractive commission rate for both promoters and referees. Last but not least, the project has an ultimate RPG game which obtains interesting playing rules ranging from basic levels to advanced levels. Game Studio based in Vietnam has 10 years of experience in game building. The game has been developed within 1 year, now it’s just migrated to blockchain accordingly. The turnbase RPG game is also considered as a scarce NFT game of this genre on the market. Play to earn mechanism is the most outstanding feature that helps players make money from the game. Step Hero already has a completed NFT marketplace for in-game items and NFTs listing. In addition, Step Hero has an experienced blockchain development team and the project is also supported by superior incubators such as Icetea Labs (PolkaFoundry) and Mayor Captital as strategic partners to consult us on enhancing the system and platform. Related Pages: Check out Binance Smart Chain (BSC) — the blockchain that hosts the Step Hero game. Check out non-fungible tokens (NFTs) — the booming trend that Step Hero pursues. Discover the latest crypto insights, news and tools with the [CoinMarketCap blog]https://blog.coinmarketcap.com/). Find more details on our official channels: * Website: https://stephero.io/ * Whitepaper: https://whitepaper.stephero.io/ * Telegram: https://t.me/stephero_ann & https://t.me/stephero_chat * Twitter: https://twitter.com/StepHeroNFTs * Medium: https://stephero.medium.com/ * Reddit: https://www.reddit.com/user/StepHeroNFTs * Facebook: https://www.facebook.com/StepHeroNFTs * TikTok: https://www.tiktok.com/@stepheronfts * Youtube: https://www.youtube.com/c/StepHeroNFTs * Discord: https://discord.gg/A5guPpQcdu reference
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141. |
STEP meaning in Cryptocurrency ? |
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Answer» Step Finance is the front page of Solana. Visualise, Analyse, Execute and Aggregate transactions across all Solana contracts in one place. Step is a portfolio management dashboard and transaction aggregator where users can monitor their tokens associated with their wallets, LP positions, Staked Yield farms, Margin positions and more. Users of Step Finance can also execute Swaps and enter various yield farms and automated vaults from within Step with any fees on such value accrual services going back to STEP stakers. reference
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142. |
SPFC meaning in Cryptocurrency ? |
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Answer» Fan Tokens allow fans across multiple sports verticals to exercise their share of influence within their favourite teams/leagues/clubs. Through Socios.com, fans are empowered to participate in certain club decisions, for example, choosing a goal celebration song in a football stadium, choosing which fighters should go head to head in MMA, and more. Thanks to Fan Tokens, holders receive access to once-in-a-lifetime experiences such as player meet and greets, training day events & much much more. The growing list of partnerships launching their Fan Tokens on the Socios.com platform includes some of the biggest sporting organizations in the world such as FC Barcelona, Inter Milan, AC Milan, Manchester City, UFC, ROUSH Fenway Racing, Aston Martin, just to name a few. reference
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143. |
SMILE meaning in Cryptocurrency ? |
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Answer» Smile Coin (SMILE) is on a mission to decentralize gaming activity by enabling users to view, manage, and track their gaming activity on an open, public infrastructure. The blockchain-based network will create a decentralized platform for gamers to manage and control the use of their gaming data and leverage AI-tools to optimize performance. Their offerings will also include streamlined financing for gaming companies and alternatives for payment processing Smile Coin is built by a team of passionate and committed systems designers, engineers, cryptographers, solutions architects, and researchers. Founded in 2021 by Nick Bucheleres, Taj Tarsha, and Robert Burden, it was created to solve high fees, slow payment processing, and unfair domestic banking regulations in the gaming industry. Solving for these will transform the way gaming businesses and gamers transact in burgeoning digital gaming economies. reference
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144. |
SPEP meaning in Cryptocurrency ? |
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Answer» INFO: Full form for SPEP is Stadium Pepe in Cryptocurrency category
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145. |
SILO meaning in Cryptocurrency ? |
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Answer» INFO: Full form for SILO is Silo Finance in Cryptocurrency category
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146. |
COLA meaning in Cryptocurrency ? |
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Answer» INFO: Full form for COLA is Colawork in Cryptocurrency category
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147. |
CADC meaning in Cryptocurrency ? |
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Answer» INFO: Full form for CADC is CAD Coin in Cryptocurrency category
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148. |
PSL meaning in Cryptocurrency ? |
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Answer» What Is Pastel Network (PASTEL)? Pastel Network is the first fully dedicated, decentralized digital art platform allowing users to register, store, and trade ‘provably rare’ assets. The network is a fork from Z-cash, running the Proof-of-Work (PoW) algorithm Equihash and also supports Masternodes from Dash, which provide computational resources to the network to support asset registration, distribution, and permanent storage. PSL is the native utility token that is used for: Fees for processing transactions and registering assets.Running masternodes on the network via staking PSL tokens.Used for governance votes to determine how network resources are allocated.PSL features include: * Near-duplicate Image Protection - The network rejects any new registration of the “same” (or clearly derivative) art image using Tensorflow with Keras Applications (models) * NSFW Detection - The network rejects any new registration of NSFW art (for the purpose of excluding illegal child pornography images) using Tensorflow with OpenNSFW models. * Masternode Reputation Tracking - The network verifies that all Masternodes are actually storing the data they are supposed to store and punish those that are not using cNode’s Validation logic extended to validate MN activities. * Data protection at transit and at rest - Connections between nodes and wallets use TLS at all times to prevent man-in-the-middle attacks, while data stored on the network is protected from unauthorized access. * Reliability - Data stored in the Pastel Network Storage Layer is available to the users at all time, regardless of active nodes - the fountain code algorithm (RaptorQ) is used to break up the original data (i.e., the art image file) into a set of redundant, fungible chunks. The sets of chunks are then auto-distributed across the network using the Kademlia DHT algorithm. PSL tools include: * PSL Thick Wallet - The User Interface (UI) to the Pastel Network, both blockchain (cNode) and storage layer. Requires the full cNode. Provides advanced functionality to users (view / register / trade art, import / export crypto wallet, create / registerPastelID). * PSL Thin Wallet - Mobile/web application, without access to the full cNode. * PSL Explorer to aid with understanding network movement and performance. * PSL Command Line Tools to allow developers to deploy and manage nodes from various environments. * COMING SOON: PSL SDKs. How Many PSL Tokens Are There in Circulation?Pastel launched its mainnet on January 1st, 2021 with a fully-diluted initial supply of ~10.5BN, or ~50%, of total tokens created at genesis. Only ~1.2BN of the tokens are currently in circulation, with the remainder held by the foundation or locked-up. The initial block reward is set to 6,250 (5,000 to miners and 1,250 to masternodes) with a targeted block time of every 2.5 minutes. The block reward halves every 840,000 blocks. Who Are the Founders of the Pastel Network?Pastel is the brainchild of Jeff Emanuel, a machine-learning and financial analyst, but also an aspiring digital artist. The team is supported by founder’s Alex K, a developer with 25+ years of development experience, and Anthony Georgiades, a product manager and prominent technology investor at Innovating Capital. When the team started this project a few years ago, they concluded that the only way to do this was to make an application specific blockchain (rather than an ethereum-based token) so that they could control every aspect. The biggest issue with other methods is that they do not provide storage for the image files themselves, and thus one cannot put this data directly into the blockchain without it quickly running into scaling issues. Thus was born Pastel - native blockchain that has built the functionality required to efficiently and securely provide the services required for the specific use case of rare digital art on the blockchain. Where Can I Buy PSL?Pastel is available for trading on Bitcoin.com reference
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149. |
STEEM meaning in Cryptocurrency ? |
Answer» What Is Steem (STEEM)? Steem is a community-focused blockchain that creates an instant earning opportunity for the network’s users. The protocol is designed to provide an earning opportunity for customers based on their value to the network. It is designed to provide users with a platform where they can post curated content online, and get paid in cryptocurrency. The protocol is a publicly available, incentivized blockchain database that allows users to interact with themselves and earn in return. It leverages technologies from both social media and cryptocurrency to provide users with value. The network ensures the fair treatment of contributors by running a reward structure that reflects each user’s contribution. Steemit is the first app that was built on the Steem blockchain, and it launched on July 4, 2016. The protocol aims to provide value for its community of users in the following ways: To provide thoughtfully chosen news and commentaries.Creating an opportunity to earn.As a source that offers answers to users’ inquiries.Offering a stable cryptocurrency pegged to the USD.Who Are the Founders of Steem?Ned Scott, together with a blockchain developer Dan Larimer, launched the first app on Steem blockchain in January, called Steemit. The app is similar to other social network apps except that it is based on blockchain technology, hence making it a decentralized and non-custodial app. The network is without the common data-related problems faced by traditional social platforms. Ned Scott worked as a business operation and financial analyst at an American Food importing company, Gellert Global Group, from 2012 to 2015. He met Dan, his partner, in 2015 where he found out they shared similar interests. Dan Larimer is a software engineer and serial entrepreneur who is captivated by blockchain technology, DEXs, cryptocurrency and other technologies. Dan co-founded Steem alongside Ned Scott and was the CTO until he left the company in 2017. What Makes Steem Unique?Many traditional social media companies have made lots of money through the content produced by their users. However, what sets Steem apart is the support it offers to its users by rewarding them for their valuable input to the platform. One unique feature of the network is that it is based on blockchain technology —making it the first of its kind. As a result, it is non-custodial and decentralized, with no downtime or data abuse, and the platform’s data are perfectly secured too. Also, users are paid in cryptocurrencies for participating on the platform. Steem is guided by one key principle: that those who contribute to a venture should be paid by the owners, just like startups do by allocating shares during funding rounds. Another core belief is to serve its community members by rendering various financial services and opportunities. How Many Steem (STEEM) Coins Are There in Circulation?Token Economics Unlike other blockchains where new coins are created through mining, Steem distributes the bulk of its coins (STEEM) to the rewards pool. STEEM is the primary coin of the protocol. The pool distributes tokens to users on the platform based on their input. Witnesses (block-creating accounts) add new blocks to the Steem blockchain every three seconds. Therefore, STEEM is produced by the network daily and the new coins are distributed in this manner: Content curators and authors receive 75% of the new coins created.Users with Steem Power holdings (another Steem cryptocurrency) are allocated 15% of the coins.The remaining 10% is awarded to witnesses.The other two cryptocurrencies apart from STEEM are the Steem Dollars (SBD) and Steem Power (SP). How Is The Steem Network Secured?After the company was bought by Justin Sun, founder of Tron platform, there was a restructuring of Steem’s operations. Therefore, new blocks are no longer created through mining and the network does not use proof-of-work. The protocol does not rely on proof-of-work to create new blocks but schedules witnesses to create a block every three seconds. However, the Steem blockchain uses delegated proof-of-stake to increase transaction speed on the platform and make it more scalable. Witnesses are rewarded with Steem Power for every block created. Where Can You Buy Steem (STEEM)?There are several cryptocurrency exchanges where users can purchase Steem tokens, SteemPower, or Steem Dollars (SBD), or even concert them to local currencies. A user without an account can buy through crypto exchanges, for instance, Binance. In addition, STEEM and Steem Dollars can easily be traded for bitcoin, which can then be converted to fiat currencies. Click here to get more information about crypto on the CMC blog. reference |
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150. |
SOLO meaning in Cryptocurrency ? |
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Answer» What is Sologenic? Sologenic is disrupting the asset trading industry: Tokenized Securities, Crypto Assets & NFTs. Sologenic.com and sologenic.org are two separate teams. Sologenic.org aka SOLO Core team’s focus is purely on the expansion of the Sologenic as a decentralized ecosystem while the sologenic.com team are working on the launch of an important use-case of the Sologenic ecosystem: Securities Tokenization Sologenic.org (SOLO Core Team)SOLO Core team is an independent community of developers with the passion of making the Sologenic Ecosystem successful. It consists of developers who are actively working on various open-source projects and use cases around the XRP as well as SOLO. The Sologenic DEX has currently over 2M views and 250K+ transsactions on weekly basis. Try trading on the Sologenic DEX: www.sologenic.org Sologenic.com (Manticore Securities AS)Sologenic.com (Manticore Securities AS) is a Public Limited Company, registered in the EU with the aim of obtaining MiFID ll Investment Firm license to tokenize securities such as stocks and ETF on the XRP Ledger using the Sologenic Ecosystem. SOLO Tokens play an integral part in when the platform is fully operational. Currently, Manticore Securities AS is in the process of obtaining the license and has developed a test environment that simulates the tokenization of securities on the XRPL. We consider Sologenic.com (Manticore Securities AS) as the one of largest use-cases of the Sologenic Ecosystem. The potential this brings to the ecosystem is something we think can revolutionize the future of securities trading. More information can be found on www.sologenic.com Tokenize Assets with SOLOSOLO holders have access to a wide range of stocks from more than 30 global exchanges in North America, Europe, Asia, and Oceania. SOLO will enable people worldwide to buy and sell stock in their favorite companies without the need for traditional brokerages. Sologenic generates stablecoins backed 1:1 with real-world assets. Each stablecoin represents the ownership of real-world assets. Once tokenized, the asset issued on the blockchain is denominated with the suffix Ƨ, for example, a tokenized asset of TSLA is represented as TSLAƨ. Trade Assets 24/7 on Sologenic's Decentralized ExchangeUsers can trade these tokenized assets against SOLO or XRP on Sologenic’s Decentralized Exchange (DEX). The users hold their private keys of the wallets, providing them complete ownership and authority over their crypto assets. The XRP Ledger allows for swift transactions, quick settlements, and improved security of the user's cryptocurrencies. 100% of the transaction fees are burned by being sent to the gateway’s issuing address (Blackhole). This means that Sologenic practices a deflationary mechanism to bring down the total supply of SOLO tokens. The Sologenic DEX has currently over 2M views and 250K+ transsactions on weekly basis. Try trading on the Sologenic DEX: www.sologenic.org Solo StakingSOLO holders can voluntarily participate in the Liquidity Provider Reward Program (LPRP), and receive rewards of up to 20% annually. There are multiple time-based programs, with both weekly or monthly participation models. Some of these programs come with flexible withdrawal terms, whereas others come with a fixed time-based deposit model. There is a daily reward payout mechanism for flexible programs and a time-based payout for fixed-term reward programs. Sologenic Ecosystem ExpansionThe SOLO Core Team, on the other hand, is actively looking to expand the use cases of SOLO as well as increase community engagement. The team has been building some of the greatest tools that work with the XRP Ledger such as the Sologenic DEX, SOLO Wallet, and the upcoming NFT marketplace. With the popularity of the Sologenic applications on top of the XRP Ledger, the SOLO Core Team along with the feedback from the community has decided to increase the uses cases of the SOLO Tokens, and as such is proposing: SOLO as a utility token on the Sologenic XRPL DEXSologenic DEX is one of the most popular DEX gateways to the XRP Ledger. At the time of writing this post, the DEX has over 2,000,000 views per week and an average of 150,000 transactions going through the Sologenic DEX on a weekly basis. Currently, the developers behind the Sologenic DEX, decide about which pairs to list on the DEX UI. This process is not really beneficial for the community and we think the engagement and the power of DEX should really be decentralized too. Community Voting MechanismFor the above-mentioned reason, the team is proposing a voting mechanism using SOLO for all the listings and default pairs. Not only does this bring more value to the SOLO Token, but also more value to the projects on the XRPL and the community. SOLO for minting, listing, and featuring NFTs on the upcoming Sologenic NFT marketplaceSOLO Core Team has announced plans to launch an NFT marketplace platform to the existing Sologenic DEX. Users will be able to mint and list their NFTs on the upcoming Sologenic NFT marketplace by spending SOLO Tokens. Featuring an NFT will also be possible by using SOLO as a payment by using a bidding system. 100% of the SOLO Tokens collected as fees will be burned instantly. How to stay tuned for further updates?If you wish to receive more updates about the Sologenic ecosystem and the upcoming airdrop, we suggest you follow @realSologenic on Twitter. reference
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