Soarcoin

by Soar Labs Pte Ltd

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Amp Token

by Flexacoin

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PRIZM

by PRIZM

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Soarcoin

by Soar Labs Pte Ltd

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Amp Token

by Flexacoin

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PRIZM

by PRIZM

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What problem does this service solve?

SOAR does not appear to have any unique advantages compared to other cryptocurrencies.The Amp Token is designed to enable more scalable collateralization options in the DeFi space.PRIZM is a Russian cryptocurrency project that uses a variation of PoS to drive network participation by users.

Token Stats

Company Description

Soarcoin is an Ethereum-based token that was created by a company in Singapore called Soar Labs. Soarcoin's total supply has already been released. Since it can not be mined, the price of the SOAR token will be completely dependent on supply and demand. The company's marketing materials place an emphasis on low transaction fees, privacy, and fraud protection, but it does not appear to offer any noticeable benefits to other cryptocurrencies. Soar Labs also has plans to create a cryptocurrency exchange called Soar Ex, that will focus on the Southeast Asian market.

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.

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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