Questions tagged [how it works]

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.

TimeRippleOcean Fri Dec 13 2024 | 7 answers 1628

The metgain token is a concept related to blockchain and cryptocurrency, specifically designed for the MetGain platform. It works as a utility token within the platform, enabling users to access features and services. The token can also be traded on cryptocurrency exchanges, providing liquidity and value appreciation opportunities.

Bianca Thu Dec 12 2024 | 6 answers 1088

I heard about Coinadster and I'm curious to know what it is and how it operates. Could someone explain the basics of Coinadster and its functionality?

CryptoDynasty Thu Dec 12 2024 | 7 answers 1675

United token, a digital asset based on blockchain technology, represents a specific asset or interest. It usually operates through an ICO process and can be used for fundraising, investment, storing value, or making purchases. The value of United token is often linked to a specific asset or project, providing investors with diverse opportunities.