Your gateway to the blockchain, Zilliqa, makes it simpler for you to develop user-friendly dApps. It’s currently one of the fastest blockchain platforms, scaling thousands of transactions in splits of seconds. Zilliqa Ecosystem now has a total market capitalization of $568,064,587 and a total trading volume of $32,846,286.
Note: The tokens below are listed by market capitalization from lowest to highest.
Lunr (LUNR)
- Distinct Features: LunarCrush users receive the utility token Lunr as compensation for their efforts in the system.
LunarCrush offers social data for crypto currencies and access is free. They’ve created several platform activities that will financially rewarded users rather than requiring them to pay a membership fee, subjecting them to intrusive adverts, or selling their personal information.
For each achievement on the app, users receive points. Upon hitting specific milestones, these points can be converted into Lunr tokens.
Earned LUNR can be staked back under the staking program, LunrFi, with mouthwatering APRs. Also, holding a certain amount of Lunr give users access to privileges such as weekly bonuses and tools usable on the platform.
Exchange – LUNR is trading live on ZilPay, MEXC, and Gate.io exchange with a 24-hour trading volume of $260,158.
governance ZIL (GZIL)
- Distinct Features: Zilliqa token owners can purchase and hold gZIL, propose and vote on network modifications, helping keep gZIL’s value high.
The Zilliqa network governance token, Governance ZIL (gZIL), enables long-term token holders to engage with the Zilliqa ecosystem. Each gZIL represents one vote. So the more gZILs you own increases your voting power.
gZIL holders vote and community decisions and partner projects powered by $ZIL can be equated to a DAO-like organization.
gZIL was introduced on October 14, 2020. Early adopters were rewarded and encouraged to become long-term token holders. Tokens were issued for about one year. The token’s value is partly derived from its rarity; production ceased on block #1483713.
Exchange – GZIL has a 24-hour trading volume of $4,400.78. You can trade governance ZIL on ZilPay, Liquid, CEX.IO, and ZilSwap.
XCAD Network (XCAD)
- Distinct Features: Xcademy intends to transform creator monetization by establishing a tokenized economy and marketplace.
XCAD Network is a global network that harnesses the power and value of Content Creator audiences through tokenization, allowing viewers to receive incentives and regulate Creator decisions using a YouTube plugin. Copying the Play-to-Earn And Move-To-Earn concepts, the project prides itself on the WatchToEarn Revolution.
You can acquire and exchange the tokens of your preferred content providers on the XCAD Network platform. The Plugin can be added as a Chrome Browser extension. On a subscription basis, XCAD Network also offers an online education platform that features more than 120 videos taught by some of the most well-known YouTube stars in the UK, who collectively have more than 50 million subscribers.
Exchange – The 24-hour trading volume of XCAD Network is $1,869,275. You can trade XCAD Network on ZilPay, KuCoin, Gate.io, and Uniswap (v2).
XSGD (XSGD)
- Distinct Features: The Singapore Dollar backs XSGD, the world’s first Travel Rule compliant stablecoin.
StraitsX is a Singapore Monetary Authority-licensed Major Payment Institution. Users can mint and redeem StraitsX stablecoins, make payments, and connect their accounts to digital asset platforms using a StraitsX account.
B2B API-enabled payment rails for digital asset platforms are also available to business accounts. StraitsX Singapore Dollar (XSGD) runs on the Ethereum, Zilliqa & Polygon blockchains. XSGD is entirely backed by cash and is always redeemable on a 1:1 basis with the Singapore Dollar.
StraitsX provides reserve attestation reports from an ISCA-listed auditing firm every month to highlight our commitment to openness and compliance.
Exchange – The 24-hour trading volume of XSGD is $2,540,505. You can trade XSGD on ZilPay, Uniswap (v3), and Tokenize.
Zilliqa (ZIL)
- Distinct Features: By adding Sharding Technology, it is possible to overhaul smart contract functionality fundamentally. It is a whole new type of blockchain meant to address the issue of scalability.
Launched in 2017, Zilliqa is primarily built on the concept of Sharding and aims to improve the scalability of cryptocurrency networks such as Bitcoin or Ethereum.
According to the white paper, the transaction speed will be thousands of times faster than the Ethereum network. Zilliqa is a quick, safe, and decentralized platform.
Because of Zilliqa’s fast throughput, you can concentrate on creating your ideas without worrying about network congestion, excessive transaction fees, or security issues that plague conventional blockchain platforms.
The Zilliqa network employs a technique known as Sharding, in which transactions are broken into smaller chunks and distributed among miners for parallel transactional verification.
Exchange – The 24-hour trading volume of Zilliqa is $24,791,621. You can trade Zilliqa on ZilPay, Binance, FMFW.io, BKEX, Bitget, and many others.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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Source: https://nulltx.com/top-5-zilliqa-ecosystem-coins-by-market-capitalization-to-watch-in-september-2022/