0x is a self-sustaining dApp, so there is no central body extracting fees from users. They also get hacked from time to time, and the users pay the price. There are many exchanges, but major players like Bittrex charge users to trade and constantly plague users with withdrawal issues. 0x is a platform for decentralized exchange of Ether and ERC20 tokens. if adopted, this will be a paradigm shift for the gambling and forecasting industries.Ġx (ZRX). Augur leverages the wisdom of the crowd to come to a consensus about what the outcome of any given situation was without reliance on a 3rd party. Augur is a platform which allows anyone to create their own prediction markets, where users will bet “yes” or “no” on various events and outcomes. Platform to make your own predictions on.Īugur (REP). The cards are shipping, though they are not currently available for people in the United States. TenX has announced plans to share profits with PAY holders and TenX debit card users. Though it is built on the Ethereum blockchain, popular cryptoassets like Bitcoin, Litecoin, and DASH will be supported. TenX (PAY) links users’ blockchain assets to a physical debit card used for conventional purchases in the real world. Their emphasis on user privacy and autonomy is inspiring and, with an impressive development team and community, truly possible. It could one day act as a hub for all Ethereum dApps, and as a browser for the decentralized Web 3.0. The project has even more exciting potential. Status is a decentralized messaging app modeled after China’s WeChat behemoth (with its nearly 1 Billion users). For anyone who has ever paid exorbitant fees to exchange currency in order to make basic purchases while traveling, the applications are obvious. One core developer suggested that it will be possible, one day, to make conventional purchases with airline miles. You won’t have to exchange USD for Yuan, or anything else. The amazing thing about OMG is that any supported currency can be used to buy any item, anywhere in the world. ![]() OmiseGO allows merchants to accept payments through China’s ALIPAY (450 million current users). OmiseGO) is an international payment solution for mainstream digital wallets. Bancor eliminates the need for crypto middlemen in everyday trading, solves the low liquidity problem for smaller tokens, and reduces dependency on crypto exchanges.Ī couple of ideas, though not all inclusive. It also provides liquidity to holders of other currencies. Each new inherently liquid smart token is itself a market maker, establishing a price all on its own. These “smart tokens” can hold or trade against reserve tokens. Bancor allows users to create new cryptocurrencies. Bancor is one of the most exciting tokens to deploy on the Ethereum blockchain in the past few months. It’s the project best poised to upset the current duopoly comprised of Facebook and Google.īancor (BNT). BAT is the most recognizable token in the modern attention-economy, and it can be exchanged between advertisers, users, and businesses with ease. The Brave browser, furthermore, blocks ads, then rewards advertisers with BAT when you choose to view them organically. BAT holders can use the platform to buy a variety of advertising services. The platform uses a token on the Ethereum blockchain to make it easier to compensate publishers. Basic Attention Token (BAT) reimagines the digital advertising industry. ![]() Here are some of the very best examples of tokens on the Ethereum blockchain.īasic Attention Token (BAT). For Ethereum enthusiasts, it’s important to understand the incredible ideas it is helping to foster. The best dApps aim to solve common problems in the cryptospace and the real world, leveraging the blockchain. Many new tokens and dApps are already being built upon the Ethereum blockchain. ![]() Moving beyond the fundamental use case of Bitcoin (acting as digital cash), Ethereum is making its name on Decentralized Applications (dApps). If you clicked the headline, you probably already know the incredible potential of Ethereum.
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