Avalanche is a decentralized, open-source proof of stake blockchain with smart contract functionality. Avalanche (AVAX) is the native cryptocurrency of the platform.
Stablecoins are cryptocurrencies where the price is designed to be pegged to a reference asset. The reference asset may be fiat money, exchange-traded commodities, or a cryptocurrency.
DeFi (or “decentralized finance”) is a term for financial services on public blockchains, that allows you to do most of the things that banks support — earn interest, borrow, lend, buy insurance, trade derivatives, trade assets, and more — but it’s faster and doesn’t require paperwork or a third party. DeFi is global, peer-to-peer (meaning directly between two people, not routed through a centralized system), pseudonymous, and open to all.
Solana is a high-speed blockchain created in 2017 that aims to scale throughput beyond what is commonly achieved by popular blockchains, like Ethereum and Bitcoin, while maintaining low costs. It boasts a unique consensus mechanism called Proof-of-History that allows Solana to process transactions almost instantly. Solana can theoretically process more than 50,000 transactions per second without scaling solutions.
Cardano is a blockchain platform that was founded in 2015 by Charles Hoskinson. It aims to be a decentralized application (DApp) development platform with a multi-asset ledger and verifiable smart contracts. The primary cryptocurrency of Cardano is called “Ada”.
A Meme coin is a cryptocurrency that originated from an Internet meme or has some other humorous characteristic. The word meme coin was largely created from projects that looked to mirror Dogecoin and usually involves a picture of a well-known meme as the logo or a popular joke being part of the project.
NFTs (or “non-fungible tokens”) are unique cryptographic tokens that exist on a blockchain and cannot be replicated. NFTs can represent real-world items like artwork and real estate. NFTs can also function to represent individuals’ identities, property rights, and more.
Polkadot is an open source blockchain platform and cryptocurrency. It provides interconnectivity and interoperability between blockchains, by enabling independent chains to securely exchange messages and perform transactions with each other without a trusted third-party.
Play to earn
Play-to-earn (P2E) crypto games are giving users the opportunity to earn in-game assets that can be exchanged for cryptocurrencies.
the Metaverse is a hypothetical iteration of the Internet as a single, universal and immersive virtual world that is facilitated by the use of virtual reality (VR) and augmented reality (AR) headsets. In colloquial use, a metaverse is a network of 3D virtual worlds focused on social connection.
Sport (or Fan) Tokens are digital assets that enable sports teams, leagues, clubs, associations and players to strengthen fan engagement by providing fans with exclusive access to sports content, a closer association with the team or the club and also monetary rewards.
Storage coins are utilized in various applications established within the blockchain, whereas storage coins are launched from the native blockchain (like Ethereum) and used by users of decentralized cloud storage platforms to pay for some of their accessible storage.
Decentralized cloud storage is the storage system where data is stored on multiple computers or servers and these servers are hosted by the people or companies which are taking part in this decentralized cloud.
Terra is an open-source blockchain payment platform for an algorithmic stablecoin, which are cryptocurrencies that automatically track the price of currencies or other assets. The Terra blockchain enables users to instantly spend, save, trade, or exchange Terra stablecoins.
Insurance Crypto Coins are crypto coins and tokens used for Insurance.
Music Coin is a blockchain-based cryptocurrency that allows musicians to get paid directly from fans. It is a peer-to-peer platform and can be used for listening to music, publishing songs, and sharing them with other people.
Social tokens are a type of cryptocurrency that a brand, community, or influencer can use to monetize themselves beyond the typical means. Many influencers, celebrities, and businesses these days use social media or other media streams to monetize their skills or services.
Crypto Tourism is a form of tourism that caters to cryptocurrency enthusiasts by offering a packaged travel tours that can either be paid for with digital currency or offer lectures or classes about cryptocurrency as part of the tour.
Web3 Cryptos are cryptocurrencies that focus on making the decentralized vision of Web3 a reality. They combine blockchain technology with smart contracts to give people control over their data and make transactions without relying on third parties.
Health-Based Cryptocurrencies are Crypto coins and tokens used for Health.
Real Estate Crypto Coins are used to purchase real estate in the digital world and in real life. In the virtual world, investors can purchase parcels, which are like acres of land in the digital space. And just like in real life, there’s a limited number of parcels available at any given time in metaverses. In real-life real estate, multiple people can buy tokens of a particular property and co-own the building. This occurs after the tokenization of a property, which divides the property into multiple “tokens” on the blockchain, allowing fractional or partial ownership of the asset.
Artificial Intelligence (AI)
Artificial Intelligence (AI) Coins are cryptos that use artificial intelligence to improve the user experience, scalability, and security of blockchain networks. Crypto AI coins support AI projects like decentralized marketplaces, market predictions, and portfolio management.
Identity (ID) Tokens
Identity (ID) Tokens are issued by the authorization server and contain claims that carry information about the user. They can be sent alongside or instead of an access token. Information in ID Tokens allows the client to verify that a user is who they claim to be.
Eth 2.0 Staking Coins
Eth 2.0 Staking Coins: Staked ether (stETH) is a cryptocurrency token that aims to represent an Ethereum token that is “staked” or deposited to support blockchain operations. stETH represents an equivalent amount of ether (ETH) that has been staked. Staked tokens are locked up for an extended period to provide liquidity for staked ether. Eth 2.0 Staking is the process of actively participating in transaction validation (similar to mining). Anyone with the minimum necessary cryptocurrency balance can validate transactions and earn staking rewards on these blockchains. Ethereum can be staked on cryptocurrency exchange platforms like Coinbase, Binance, Kraken, etc.
Smart Contracts Platform Coins
Smart Contracts Platform Coins: A smart contract is self-executing code that carries out a set of instructions, which are then verified on the blockchain. These contracts are trustless, autonomous, decentralized, and transparent; they are irreversible and unmodifiable once deployed. Currently, Ethereum is the most popular smart contract platform, but many other cryptocurrency blockchains (including EOS, Neo, Tezos, Tron, Polkadot, and Algorand) can run them. A smart contract can be created and deployed to a blockchain by anyone.
Guild and Scholarship Coins
Guilds are decentralized autonomous organizations (DAOs) that invests in NFTs like game assets and rent them out to players. Players who receive rented game items are known as scholars and can be said to receive a scholarship.
Scholarship Coin (SCHO) is a decentralized peer-to-peer electronic cryptocurrency that has been created by the World Scholarship Foundation with the ambition to power a scholarship system that will incentivize students based on their academic performance.
Blockchain oracles are entities that connect blockchains to external systems, thereby enabling smart contracts to execute based upon inputs and outputs from the real world.
Oracles provide a way for the decentralized Web3 ecosystem to access existing data sources, legacy systems, and advanced computations. Decentralized oracle networks (DONs) enable the creation of hybrid smart contracts, where on-chain code and off-chain infrastructure are combined to support advanced decentralized applications (dApps) that react to real-world events and interoperate with traditional systems.