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Homeweb3.0What are the digital currencies based on web3?

What are the digital currencies based on web3?

Apr 22, 2024 pm 03:51 PM
Blockchaindigital currencyBlockchain technologyweb3.0

What are the digital currencies based on web3? This is an issue that many netizens are concerned about. Next, the PHP editor will bring you digital currency encyclopedia based on web3. Interested netizens should follow the editor to take a look!

What are the digital currencies based on web3?

Comprehensive collection of digital currencies based on web3

1. Common Web3.0 digital currencies currently on the market include DOT, FIL, GRT, and BAT , ANKR, GLM, LPT, ZEN, ASTR, CKB, etc.

2. Web3 is a new generation Internet protocol based on distributed network and blockchain technology. Its emergence makes the Internet have the characteristics of decentralization, security, trustworthiness and user privacy protection.

3. Web3’s digital currency has a wide range of application scenarios, including decentralized finance (DeFi), digital identity, decentralized applications (DApp), etc.

4, DOT is the token of Polkadot. As a cross-chain platform, Polkadot is committed to achieving interoperability between different chains.

5, FIL is the token of Filecoin. Filecoin is a distributed storage network. Users can store and retrieve data through Filecoin.

6, GRT represents The Graph, which is a decentralized query protocol that provides data retrieval services for DApp developers.

7 and BAT are Basic Attention Tokens. The Brave browser issued by BAT aims to improve the advertising industry ecosystem.

8, ANKR is a decentralized computing resource market, GLM is the token of Golem Network, LPT represents Livepeer, ZEN is the token of Horizen, ASTR is the token of Stellar, and CKB represents Nervos Network.

9. These digital currencies have their own applications and potential in different fields. Investors can choose and invest according to their own needs and risk preferences.

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