Amp Token

by Flexacoin

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ILCoin

by ILCoin

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PRIZM

by PRIZM

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Amp Token

by Flexacoin

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ILCoin

by ILCoin

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PRIZM

by PRIZM

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What problem does this service solve?

The Amp Token is designed to enable more scalable collateralization options in the DeFi space.ILCoin's goal is to create a blockchain with faster transactions that will also enable users to create smart contracts.PRIZM is a Russian cryptocurrency project that uses a variation of PoS to drive network participation by users.

Token Stats

Company Description

The Amp token is a digital collateral token that is specifically designed to enable the decentralized collateralization of digital asset transactions. It evolved from what was previously known as the Flexacoin network, and is meant to allow the token to better facilitate recent innovations related to borrowing and lending in the DeFi space. The Amp token's supply was created by burning the existing supply of Flexacoins, which were exchanged for the new token at a rate of 1:1. Amp will improve upon Flexacoin’s collateralization features with a new architecture that will allow for the implementation of additional on-chain supply operations and more collateral-related DeFi options.

ILCoin is a PoW cryptocurrency. Their goal is to become the first cryptocurrency that uses the SHA-256 encryption algorithm to be able to execute smart contracts. The ILCoin is traded on several exchanges under the symbol ILC.

PRIZM is an open-source cryptocurrency based on the NEXT core. The PRIZM architecture is built in JAVA. It has a Proof-of-Stake (PoS) consensus mechanism that varies slightly from other PoS algorithms. It is designed to be more resistant to attacks against the network. PRIZM has developed the concept of paramining, which helps the network achieve consensus and encourages community participation.

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