Blockchain
ADVFN’s Global Cryptocurrency Platform Expansion
ADVFN, the global stocks, shares and crypto information website, announces a cryptocurrency product update.
ADVFN, the only publicly-listed cryptocurrency information platform (LSE: AFN), now covers over 6000 cryptocurrencies, connects to all of the top global cryptocurrency exchanges (by volume) for trading data and has added a number of cryptocurrency tools – https://www.advfn.com/cryptocurrency.
On the site, crypto traders and investors can view a wealth of charts, data, news and toplists for thousands of mineable/non-mineable and listed/unlisted coins – and tokens – and be alerted to new ones entering the market. The site’s crypto lists split out the entire cryptocurrency market by numerous types and features, including platform and algorithm.
Users have access to real-time, streaming market data on listed cryptocurrencies (Level 2 data on most) and tools including a Mining Profit Calculator, Cryptocurrency Converter (crypto to fiat converter and crypto to crypto converter) and The Crypto Trader – exclusive content for traders, featuring tutorials, the latest crypto news and analysis, and investment ideas.
“Our cryptocurrency platform is going from strength to strength and we’re delighted to see an ever-increasing interest in cryptocurrencies amongst our global userbase of 36 million,” said Clem Chambers, CEO of ADVFN. “Cryptocurrencies and blockchain technology are here to stay and we feel we’re in an exclusive position as the only publicly-listed cryptocurrency information platform out there.”
Award winning ADVFN, world-renowned for its stocks and shares data, has increasingly focussed on its cryptocurrency offering in the last few years, which has been acknowledged with its win in the UK Enterprise Awards this year in the category of Cryptocurrency Platform of the Year.
SOURCE ADVFN plc
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Saakuru has recently achieved significant milestones in its development, positioning itself as a leader in the gasless blockchain revolution that is reshaping the industry. Within just nine months of its launch, the consumer-centric L2 protocol has entered the top 5 brands in its niche and records over 1.44 million weekly users, according to data from DappRadar.
The project is gearing up for the official launch of its Saakuru token ($SKR) by the end of April, supported by a successful private funding round that raised $2.4 million. Saakuru Protocol stands as a pioneering advocate of gasless technology, aiming to accelerate the adoption of Web3 into the mainstream by enhancing the user experience and reducing costs for both developers and end users.
Unlike traditional blockchain networks, which often suffer from high gas fees and security issues, Saakuru Protocol leverages Oasys High-Speed Optimistic Rollups to create a public-permission, gas-less L2 blockchain. This innovative approach eliminates gas fees, improves user experience, and introduces new tokenomics models, enabling the development of versatile decentralized applications with higher security standards, cost-effectiveness, and ease of use.
The Saakuru token serves as a multi-purpose token within the protocol, providing utility and governance. Its advanced burning mechanism gradually reduces the token supply while potentially increasing its value. The token is integrated into all operational layers of the Saakuru protocol:
1. Developer Layer (Saakuru Labs): Provides products and services with proprietary business models, burning 10% of profits.
2. DeFi Layer (Taffy DEX): Utilizes Taffy DEX technology, where 0.005% of transaction fees are converted to SKR tokens and burned.
3. Governance Layer: Enables token holders to participate in protocol governance, with 5% of tokens used for governance initiating the review process being burned.
4. Protection Layer: In the event of triggering the protection mechanism, SKR tokens are burned, with 3% of saved tokens being burned.
Through these innovative features and layers, the Saakuru token and protocol aim to drive adoption, enhance functionality, and provide sustainable value for users and stakeholders alike in the evolving blockchain landscape.
Source: finance.yahoo.com
The post Saakuru Leads the Gasless Blockchain Revolution, Disrupting the Industry appeared first on HIPTHER Alerts.
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