In the beginning, there was Bitcoin (BTC), and then there was Ethereum (ETH), Litecoin (LTC), and all the other cryptocurrencies that have since emerged on the scene, including but not limited to Polkadot (DOT) and Cardano (ADA).
Cryptocurrencies are digital or virtual currencies that use cryptography to govern the creation of additional units. The technology has many potential applications beyond just currency, including identity verification and secure cloud storage. Because of this versatility, it is no surprise that cryptocurrencies such as Polkadot (DOT), Cardano (ADA), and the new Cryptoons (CTOON) are becoming more popular than ever — and for good reason!
Cryptoons: Comic and Cartoon Lovers Now Have their Anime-style Cryptocurrency
Revving up for its public launch, CTOON is a manga and anime-based cryptocurrency of the Cryptoons project. By providing a marketplace for the exchange, sake, and purchase of comics, Cryptoons (CTOON) is bringing some animated spice to the crypto world.
Once Cryptoons has reached a certain growth level, CTOON token holders will have the advantage of voting on important issues and submitting proposals that can help the development of the platform.
There will be a total supply of $10 billion CTOON tokens. 15% for marketing, 20% for a community fund, 30% for presale, 15% for the initial DEXs offerings, 5% for charity, 5% for the founding team, and 10% for reserves.
The Cryptoons team’s objectives do not end with the marketplace. This diligent and innovative team is building a Comic Launchpad that would grow along with its marketplace. Creators would find out that the Launchpad would offer limitless opportunities to raise liquidity funds for the sustenance and advancement of their works. Cryptoons (CTOON) assure creators that they can always express themselves in the way they would love to with ease.
Polkadot: Build, Govern, And Run Applications
The Polkadot protocol is a blockchain-based system that connects public and private chains, Oracles, and permissionless networks. It allows the creation of parachains (a combination of public and private chains) to solve scalability issues. The Polkadot protocol uses a layered architecture that lets developers create their custom blockchains, using an API.
The DOT token can be used as payment for services on the Polkadot platform. It has been designed to be used as payment for services on the Polkadot platform, such as staking coins to gain voting power within the network.
Polkadot is a decentralized platform for holders of the Polkadot (DOT) tokens to build, govern and run applications based on blockchain technology. It is an open-source protocol that allows developers to build high-performance Decentralized Applications (dApps) with zero knowledge of blockchain or blockchain programming languages.
Cardano Aims to Be the Most Scalable Cryptocurrency
Cardano (ADA) is a cryptocurrency that uses a Proof-of-Stake (PoS) algorithm. The protocol was developed by the IOHK (Input Output Hong Kong) research institute in 2017, and it is designed to be more scalable than other cryptocurrencies.
Cardano has three layers of security: public, private, and oracle. The public layer is where users can send payments over the network. The private layer is where users store their funds and make transactions. The oracle layer is where smart contracts are created and executed.
Cardano uses a Proof-of-Stake (PoS) algorithm for its consensus mechanism because it allows for faster processing times and lower transaction fees compared to other blockchains that use Proof-of-Work (PoW). This makes Cardano very attractive for developing countries throughout Africa and Asia because it doesn’t require electricity or high computing power costs as Bitcoin does.
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