Unocoin listed Cardano and four other tokens
We are happy to announce that we have listed the much-awaited Cardano and the four other ERC-20 tokens as part of our listing program.
Here are the details of the listed coins.
Cardano is a blockchain network that is used for many purposes like data handling and providing crypto-asset. It is the third generation of blockchain networks and aims at solving the basic problems which the previous generations of blockchain networks (like Bitcoin and Ethereum) had to face. It has its crypto-asset named ADA (after the first computer programmer ever ADA Lovelace). Cardano is aimed at solving problems rationally & logically and at providing value transactions to remote places where people live on very few amounts of fiat money and it is not feasible to construct banks.
Instead of using blockchain consensus model proof of work, Cardano uses epochs and proof of stack to be more efficient and fast. Cardano mainly solves five problems with this:
- Network Bandwidth
- Data storage
- Interoperability and
Founders / Creators: Cardano Foundation / IOHK, Charles Hoskinson
Maximum Supply: 45,00,00,00,000
Circulating Supply: 33.49B ADA
Market Cap at the time of writing this: $43,968,098,827
Transaction per second (TSP): 1000
The Sandbox (SAND)
SAND is a native token for The Sandbox, a blockchain-based virtual world where gamers can create, build, buy and sell digital assets. With Decentralised Autonomous Organization (DAO) and Non-Fungible Tokens (NFTs), the sandbox can build a community of future gaming.
The Sandbox was launched by a company called Pixowl and the founding credit goes to Arthur Madrid and Sebastien Borget. They aim to introduce blockchain technology to gaming.
Founding Company: Pixowl
Maximum Supply: 3,000,000,000 SAND
Circulating Supply: 919,498,319.22 SAND
Market Cap at the time of writing: $5,119,740,237
Traded Price (SANDUSD) at the time of writing: $5.57
Loopring (LRC) is an ERC-20 token based on the Ethereum blockchain that builds a protocol for decentralized crypto exchange. Decentralized crypto and blockchain projects are on the rise, yet the majority of the exchanges are centralized. There are both pros and cons when it comes to crypto exchanges subject to security and custodian. Loopring (LRC) aims to address this by combining centralized and decentralized trading order matching systems.
Founder: Daniel Wang
Maximum Supply: 1,374,513,896 LRC
Circulating Supply: 1.33B LRC
Market Cap at the time of writing: $2,693,680,354
Traded Price (LRCUSD) at the time of writing: $2.03
Celer Network (CELR)
Another ERC-20 token on the list is the Celer Network(CELR). It is a smartly designed layer-2 scaling solution that provides off-chain transaction handling. CELR offers fast, simple and secure transactions. As an off-chain token, the Celer Network uses a Proof-of-Stake consensus variation called Delegated Proof of Stake (DPoS). Interestingly, CELR was created by a group of highly credible academicians from MIT and UC Berkeley who all hold PhDs in Computer Science. Celer Network is not a separate blockchain rather runs on top of an existing blockchain like Ethereum and Polkadot.
Founder: Dr. Mo Dong, Dr. Junda, Dr. Xiaozhou Li, Dr. Qingkai Liang
Maximum Supply: 10,000,000,000 CELR
Circulating Supply: 6.13B CELR
Market Cap at the time of writing: $479,547,503
Traded Price (CELRUSD) at the time of writing: $0.07821
Gifto (GTO) is an interesting project in the crypto space. Gifto is a platform where you can send and receive virtual gifts cryptos to anyone with just a link. Work on any device and medium, Gifto offers a place for virtual gifting on the on-chain blockchain. The platform also allows its users to stake their assets for gifting privileges, rewards and earn stable coins like USDT, BUSD, DAO.
Maximum Supply: 1,000,000,000 GTO
Circulating Supply: 770,236,879.20 GT0
Market Cap at the time of writing: $46,499,911.46
Traded Price (CELRUSD) at the time of writing: $0.0601
To learn more about ERC-20 tokens, read this.
To trade ADA and other ERC-20 tokens at Unocoin, you can download the Unocoin application or sign up at www.unocoin.com. For every unique sign up during this festive season, you will get a welcome bonus of INR 100 worth of bitcoin.
Unocoin is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can buy and sell bitcoin instantly using the Instant Buy and Sell feature. Not just this, you can also buy ETH and Sell ETH in no time. With more than eighty-seven coins listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your friends from any location. You can also know which cryptocurrency works best for you with the price ticker and notifications. The most popular cryptocurrencies like Bitcoin (BTC), Ether (ETH), USDT (Tether), BNB, Ripple (XRP), Cardano (ADA), Solana (SOL), Binance USD (BUSD), Dogecoin (DOGE), Polkadot (DOT) and other popular altcoins can be traded on the go. The new Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the Systematic Buying Plan, you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using SBP for as little as INR 10. With another exciting feature called Crypto Basket, you can diversify your crypto portfolio based on market capitalisation (Market Cap) or Volume. These two excellent features make Unocoin the best cryptocurrency platform.
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Crypto products are unregulated as of this date in India. They could be highly volatile. At Unocoin, we understand that there is a need to protect consumer interests as this form of trading and investment has risks that consumers may not be aware of. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research).