What is the Golem Network Token (GNT)?
- About:
The Golem project is focused on creating a global supercomputer that will offer purchasable computing power through a global decentralized, distributed network of computers. It also allows those with spare computing power to make some GNT tokens by offering their idle CPU to the network.
The Golem Network Token is the ERC-20 token on the Ethereum platform. Its design follows widely adopted token implementation standards. This makes it easy to manage using existing solutions including Ethereum Wallet. GNT was pre-mined, and there are a total of 1 billion GNT in existence, but just 959,242,000 in circulation. The token was sold in an ICO that took place on November 9, 2016. The ICO raised roughly $8 million and tokens were sold at $0.01 each.
Golem is a global marketplace for idle computing power. You can use Golem as a Requestor, to rent computing power and speed up your workflow, and/or as a Provider, renting your unused processing power to others in the network.
There is no third party involved. GNT is sent between Providers and Requestors to pay for computations, ETH is used to cover transaction fees on the Ethereum Blockchain.
Project website: https://golem.network/
- Key features:
The GNT is an ERC-20 token that is tied to the Ethereum blockchain. With the GNT transactions occurring on the blockchain there are no worries about the failure to pay or a breach of contract. And the actual file transfers and rendering occurs off the blockchain, so there’s no need bottleneck to the throughput of the network.
Price and capitalization of the Golem Token(GNT):
The Golem Network Token market capitalization today is $66 731 926. The daily trading volume is $26 941 166 (7 553 BTC).
The GNT coin ranks the 59th position according to the coinmarketcap rating.
The current coin price is 1GNT= $0,069524.
- Available trading pairs:
GNT/BTC, GNT/ETH
What is the Augur’s Reputation Token(REP)?
- About:
Augur — is a decentralized oracle and peer to peer protocol for prediction markets. Augur is free, public, open source software, portions of which are licensed under the General Public License (GPL) and portions of which are licensed under the Massachusetts Institute of Technology (MIT) license. Augur is a set of smart contracts written in Solidity that can be deployed to the Ethereum blockchain. Trading on the Augur protocol is done with Ethereum. As one of the most widely-used cryptocurrencies, Ethereum helps make trading on Augur accessible to all.
Augur’s Reputation token is used for reporting and disputing the outcome of events. Reporters are rewarded for reporting correctly.
Reputation (REP) is a cryptocurrency, used by reporters during market dispute phases of Augur. REP holders must perform work, in the form of staking their REP on correct outcomes, to receive a portion of the markets settlement fees. If you do not report correctly, you do not get the fees. If you report incorrectly, you lose your REP. If you don’t participate in a fork (when the network has a huge dispute over an outcome), you lose 5% of your REP. Passive holders of Reputation (REP) that are not using their Reputation (REP) within the Augur protocol to stake on disputes and forks are penalized. The treatment of REP within the Augur protocol is governed not by the Forecast Foundation but by the protocols smart contracts as described in the Augur white paper and documentation.
Project website: https://www.augur.net/
Key features:
Augur is not a prediction market, it is a protocol for cryptocurrency users to create their own prediction markets.
Price and capitalization of Augur Token (REP):
The Augur Token market capitalization today is $67 860 081. The daily trading volume is $833 451 (234,04 BTC).
The Augur coin ranks the 57th position according to the coinmarketcap rating.
The current coin price is 1REP= $6,17.Available trading pairs:
REP/BTC, REP/ETH
What is the Basic Attention Token (BAT)?
- About:
The Basic Attention Token(BAT)was developed to address that digital advertising is broken. BAT, an ERC20 token built on top of Ethereum, will be the token of utility in a new, decentralized, open source and efficient blockchain-based digital advertising platform.
In the ecosystem, advertisers will give publishers BATs based on the measured attention of users. Users will also receive some BATs for participating. They can donate them back to publishers or use them on the platform.
Project website: https://basicattentiontoken.org/
- Key features:
It is a utility token based on the Ethereum technology that can also be used as a unit of account between advertisers, publishers, and users in a new, blockchain-based digital advertising and services platform. The token is not a security or a commodity.
Price and capitalization of Basic Attention Token:
The BAT Token market capitalization today is $168 093 074. The daily trading volume is $4 384 873 (1 235 BTC).
The Basic Attention Token ranks the 30th position according to the coinmarketcap rating.
The current coin price is 1BAT=$0,140523
- Available trading pairs:
BAT/BTC, BAT/ETH