Questions tagged [how it works]

Alessandro Fri Dec 13 2024 | 7 answers 1293

I want to understand what a meme coin is and how it operates. I'm looking for an explanation of its background, functionality, and possibly its role in the cryptocurrency market.

CryptoLordGuard Fri Dec 13 2024 | 7 answers 1140

The crypto Moonshots subreddit is a community dedicated to discussing and sharing information about potential upcoming crypto projects or tokens that could experience significant price increases, often referred to as 'moonshots'. It works by allowing members to post about new findings, share analysis, and discuss the potential of various cryptocurrencies, helping each other identify the next big opportunity in the market.

Federico Fri Dec 13 2024 | 7 answers 1745

I want to understand what coingames is and how it operates. I'm looking for an explanation of its background, functionality, and the overall mechanism behind it.

DigitalBaron Fri Dec 13 2024 | 5 answers 1563

The FTT token, also known as FTX Token, is the native token of the FTX exchange. It offers various benefits to holders such as discounted trading fees, access to liquidity mining, voting rights in platform decisions, and VIP privileges. The total supply of FTT is limited to 300 million, with 70% in circulation. Its value is supported by a series of incentives and burn mechanisms designed to reduce supply and potentially drive price appreciation.

BitcoinBaroness Fri Dec 13 2024 | 7 answers 1338

OpenAI's 'Worldcoin' is a digital currency project aiming to establish a reliable solution to distinguish humans from AI online. It works through eyeball scanning for unique digital identity and is linked to a digital passport, the World ID. Users receive unique Worldcoin tokens after verification, which can be used for transactions within the Worldcoin ecosystem via the World App.