Rumble Kong League is a blockchain-based mobile 3x3 basketball game. Players use NFT characters to compete and rank in an online sports league.

Interested in fast-paced basketball games with exciting rewards? 

 attempts to combine the world of sports gaming with cryptocurrency technology. This entertaining concept takes the play-to-earn aspect of 

 and adds more complex gameplay with a focus on sports culture. 

 certainly stands out from other web3 games, which tend to be based on RPGs, shooters or card games. But can it attract users? To see whether this game will likely be the next big thing, here's what you need to know.

 is a blockchain-based mobile basketball game. Players use 

 characters to compete in 3x3 basketball matches and rank in an online sports league. The game involves a blend of strategy and skill, and league winners can earn impressive prizes.

 has been in development since 2021, when it was first created by Marcus Blasche and Nick Vale. Blasche has worked with Activision Blizzard and Wargaming, while Vale is a veteran of indie gaming. Intrigued by the potential applications of blockchain technology, the two decided to create a complex and engaging web3 game. 

 has obtained numerous prestigious backers, raising over 

 from JDS Crypto, Animoca Brands, IDEO CoLab Ventures and others. Moreover, the game is being promoted by NBA stars Stephen Curry and Paul George. The 

development team also includes acclaimed muralists, algorithmic trading experts and experienced software developers. 

What Does Rumble Kong League aim to achieve?

Rumble Kong aims to create a complex, in-depth blockchain sports game. Many web3 games are simple “clickers” that rely on basic mechanics, such as drawing cards and automatically generated artwork. However, Rumble Kong's creators wanted to create a game that felt more like traditional basketball. The game's development period was longer than usual, due to its broad range of mechanics and distinctive art style. 

. By incorporating real NBA players in its promotion, 

 believes it can attract more customers. Instead of just relying on word-of-mouth praise from web3 fans, it plans to reach out to traditional sports fans and esports gamers. 

 is primarily a game, it’s also an advanced gaming ecosystem running on a multisport platform that will eventually encompass multiple games. Account holders receive access to Athlos, a digital 

 city with a street for each gaming brand and athlete experience. 

The content and interface that users experience are run by traditional software, similar to standard AAA games. However, the ecosystem has a blockchain background that provides more technical services, such as tracking player points and storing player assets. 

Initially, there were plans to run the game’s network on Avalanche, but after considering its options, 

, an Ethereum sidechain specifically designed for gaming that offers particularly low fees and fast transactions. 

 provides the following exciting features for players to enjoy.

 is similar to that of a basketball game. Teams of three try to shoot baskets and score points, and players can be default characters or special NFTs with unique abilities. As you play, you can choose between individual actions, such as passing the ball, sprinting, blocking shots and shooting. In addition to playing matches, users can watch tournaments, interact with each other socially and design player-created content.

The Rumble Pass lets players join a seasonal progression system. Once you sign up for this features, you're guided through a broader narrative. As you win matches, you unlock exclusive quests. Fulfilling all the requirements of the Rumble Pass gets you exclusive rewards and loot boxes. Rumble Pass is essentially the casual mode of 

, so you can play for fun instead of competing in serious league games.

 uses NFTs for a variety of purposes. Players who own NFT characters can equip them with special on-court abilities. Brand collaborators, such as Gatorade and Under Armour, also offer special NFT collections that provide branded gear for their characters. Currently, 

 has spent the past four years developing and designing its game and recruiting reputable spokespeople like NBA stars Stephen Curry and Paul George. Now that it's successfully completed several beta tests and a soft launch of its gaming system, 

, with plans to add the FAME token and other related services to the game throughout the spring of 2025. 

Once the league system, FAME rewards and game stores are all launched, 

 will be expanding its game with exclusive quests. Eventually, it plans to branch out and add more sports-themed games centered around games such as American football.

Before the FAME token launched on Mar 11, 2025, 

 to its dedicated players. People who participated in activities like the Sigma League and earned points had their in-game FAME points translated into FAME cryptocurrency. Those who had participated in the SocialFi campaign online were also eligible for the airdrop. All they needed to do was visit the 

 website and connect their wallet to automatically get tokens added. 

FAME stands for "The Future of Athletics, Media and Entertainment," and it's the token used for everything from rewarding plays for completing exclusive quests to buying items in the online shop. The token is an Ethereum-based coin with a 

 that will be distributed to six different parties:

While there’s not yet any pricing history for the incipient FAME token, it can be helpful to take a look at the pricing history for 

 NFTs, which have a floor price of around $300 and an 

 has usually sat in the middle of the market. 

Likewise, the company's FAME coin is unlikely to be as pricey as a token like Bitcoin, or as cheap as a typical meme coin. It will most likely start out with a price in the range of a few cents, and may increase in value if it can generate enough hype.

Currently, pre-market trading sites have FAME sitting at around $0.02, which may provide a good estimate of the coin's launch price. FAME does feature a high total supply, however, which may bring prices down a little as more coins are released.

No one can guarantee FAME's debut price, but this hasn't abated crypto influencers’ excitement. Thanks to the game's ties to Animoca Brands, Stephen Curry and other prestigious names, it's already attracting people who are interested in sports culture. For most new coins, this sort of online buzz is a good thing. It can often indicate higher prices when a coin eventually launches. Furthermore, the token has a lot of utility, since FAME rewards are such a big part of the game. This type of utility usually helps to stabilize coin prices.

However, keep in mind that FAME is still untested at this point. 

has been in development for a while without actually releasing a coin, and its soft launch is still ongoing. Furthermore, the crypto market as a whole has been experiencing some insecurity lately. Since it's impossible to predict how volatility will affect FAME, make sure to avoid overextending yourself and putting too much of your portfolio into FAME. As always, be sure to 

 has the potential to create a truly entertaining sports game for basketball fans. This impressive ecosystem is backed by NBA stars such as Stephen Curry and includes some exciting gameplay options. 

 has already had some success with its Sigma League and soft launch, and the upcoming release of the FAME token signifies more big things for the brand. 

Intermediate

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Rumble Kong League (FAME): Slam-dunking into esports with Ronin

Thailand’s SEC has approved USDT as a regulated cryptocurrency, allowing trading on local exchanges starting March 16. 

Daily top performer — IOST Network (IOST)

The S&P 500 fell by 2.7%, hitting a multi-month low as recession fears and tech selloffs weighed on markets. Investors are awaiting US inflation data for further insights. Gold remained below $2,900, with further declines likely as investors await US CPI data and the BoC rate decision. The Coindesk Indices, which tracks the broader crypto market, fell by 6.32%, with Bitcoin and Ether down by 4.44% and 8.66% in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today’s top performer is IOST, which surged 27.6% following the IOST Airdrop Campaign Details.

IOST Network (IOST), launched in 2019, uses "Proof-of-Believability" to enhance scalability. It expanded into DeFi, NFTs, and plans a decentralized stablecoin to strengthen its ecosystem. 

, distributing 852.8M tokens (4% of supply) to eligible holders. Users with at least 1,000 IOST by March 15, 2025, qualify. Distribution will occur over 48 months, with details varying by platform. More participants may be added. Stay updated via 

Check out the latest prices, charts, and data of 

 as a regulated cryptocurrency, allowing trading on local exchanges starting March 16. The move enhances flexibility in digital asset businesses and reinforces Thailand’s position as a crypto-friendly jurisdiction. With USDT accounting for 40% of local trading volume, the approval supports market modernization and stablecoin adoption.

Yesterday, BTC spot ETFs saw $189.2M in outflows, with GBTC losing $20.6M and non-GBTC funds shedding $168.6M.

 is set for April, marking a major milestone for the Web3 gaming platform. Leading up to TGE, key events include Launchpool #3 (March 17–31), the Community Airdrop (March 10–31) for Mystery Marble (MM) holders, and Airdrop Season 3 (March 17–April), allocating 1% of total supply. Users can earn SQUAD Coins through pre-launch events and weekly challenges. Stay tuned for more updates as GOMBLE expands its gaming ecosystem.

Beginner

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Thailand SEC approves USDT trading to boost crypto adoption

bbSOL HODLverse is a staking rewards event that allows Bybit users to earn LAYER tokens by holding bbSOL in their Bybit Exchange and/or Bybit Web3 Wallet.

The world of crypto staking continues to evolve, offering innovative ways for users to earn passive income. One such opportunity is bbSOL HODLverse, an exclusive week-long event during which users can hold 

 and earn LAYER tokens without additional effort. With a 2,000,000 LAYER prize pool, participants can accumulate rewards simply by holding bbSOL in their Bybit Exchange account and/or 

In this article, we’ll explore what this event is all about, learn how you can obtain bbSOL and participate and help you decide whether to join this campaign.

Running from Mar 11, 2025, 12AM UTC through Mar 20, 2025, 11:59PM UTC, 

 is a staking rewards event that allows Bybit users to earn LAYER tokens by holding bbSOL in their Bybit Exchange and/or Bybit Web3 Wallet. 

The concept behind bbSOL HODLverse is simple: the more bbSOL you hold, the greater your share of the LAYER airdrop. To understand the mechanics of the event, let’s break it down step by step:

Now that you have a better understanding of how the event works, learn below how to earn your share of the 2,000,000 LAYER prize pool.

As outlined previously, you have two ways to participate in bbSOL HODLverse: hold bbSOL in your Bybit Exchange account, and/or your Bybit Web3 Wallet.

Before you can get started with this event, you’ll first need to create a Bybit account, and then ensure that you’ve already obtained bbSOL. If you don’t already have an account with Bybit, you can follow our sign-up guide 

How to obtain bbSOL with Bybit On-Chain Earn

: Log in to your Bybit account and hover your cursor over the 

: Indicate the amount of SOL you’d like to stake/amount of BBSOL you’d like to receive, and ensure that all fields are filled in correctly before clicking 

Congratulations! You’re now holding bbSOL.

: Log in to your Bybit account and navigate to the Spot trading platform by hovering your cursor over the 

: Search for the available bbSOL Spot trading pairs by hovering your cursor over the three horizontal lines.

: Choose your preferred bbSOL Spot trading pair (

), and input the amount you’d like to purchase in the trading pane on the right side. Once you’ve filled in the necessary details, click on 

How to check rewards if you have bbSOL in your Bybit Exchange account

 and scroll down until you see the snapshot. 

Here, you’ll be able to see the snapshot amount of your bbSOL holdings each day, as well as the estimated number of LAYER tokens you’re eligible to receive.

Navigate to the Bybit Web3 homepage and connect your Web3 Wallet by clicking on the 

 button on the top right corner of the page.

Once you’ve connected your Bybit Web3 Wallet, hover your cursor over the 

Enter the amount of SOL you would like to purchase in the order pane on the right side of the page, and click on 

Once you’ve purchased SOL, hover your cursor over the 

On the right side of the page, indicate the amount of SOL you would like to stake and click 

Congratulations, you’ve obtained bbSOL!

How to check rewards if you have bbSOL in your Bybit Web3 Wallet

. Alternatively, you can also choose to navigate to the 

tab and you’ll be able to see your bbSOL holdings, as well as the estimated LAYER rewards you’ll be able to receive.

Participating in bbSOL HODLverse is an attractive option for users who are already staking SOL or holding bbSOL. This event provides an easy opportunity to earn additional LAYER tokens without requiring extra effort or active trading. Furthermore, you don’t have to manually register for the event; as long as you’re holding bbSOL during the event period, you’ll be eligible!

One of the biggest advantages of bbSOL HODLverse is that it offers a passive way to earn crypto rewards. Since rewards are distributed based on daily snapshots of holdings, there’s no need to actively trade or stake beyond simply holding bbSOL. In addition, unlike traditional staking programs, there’s also no lockup period, meaning users are free to withdraw or trade their bbSOL at any time during the event.

Overall, bbSOL HODLverse stands out as a hassle-free way to maximize rewards while maintaining full control over your holdings. With no additional requirements beyond holding bbSOL, it offers a flexible and low-risk opportunity for participants to earn LAYER tokens. 

bbSOL HODLverse is a straightforward and rewarding event for Bybit users looking to maximize their crypto holdings. By simply holding bbSOL, participants gain access to a 2,000,000 LAYER prize pool, with no complex staking requirements.

With automatic daily snapshots, effortless participation and seamless reward distribution, bbSOL HODLverse offers you a passive and low-risk way to earn crypto rewards. If you qualify for participation, it’s a great opportunity to grow your portfolio.

bbsol hodlverse.png

How to participate in bbSOL HODLverse

Cardano Spot ETF approval would signal ADA’s integration into mainstream finance, mirroring BTC and ETH's paths. Learn more here.

Grayscale Investments, in its latest bid to expand its crypto-focused portfolio, has filed for a 

 (ETF). Now under the SEC’s review, the proposal has the potential to thrust ADA into the spotlight of mainstream finance. It promises to provide regulated exposure to Cardano’s market value, offering a gateway for traditional investors to tap into the growing cryptocurrency ecosystem. As the SEC reviews the application, investor optimism is rising, and ADA has already experienced notable price surges. 

This article explores how this move could redefine Cardano’s future, connecting the world of decentralized innovation with traditional financial markets and positioning ADA as a key player in the fast-paced digital economy.

A Cardano Spot ETF is an investment vehicle that directly holds Cardano (ADA) tokens and mirrors their market price, empowering investors to capture Cardano’s value without the complexities of buying and managing the cryptocurrency directly

A Cardano Spot ETF would provide direct exposure to Cardano (ADA) by holding the underlying cryptocurrency itself, rather than derivatives or futures contracts, in order to capture ADA’s market performance in a secure, regulated framework. This innovative structure bridges traditional finance with the dynamic ecosystem of digital assets, and would allow investors to tap into Cardano’s potential without managing digital wallets or navigating the complexities of cryptocurrency exchanges.

ADA is the native currency of the Cardano blockchain, one of the largest networks primarily used for 

. Cardano empowers developers to build secure, scalable 

 solutions, and the ADA token facilitates 

 transactions and is used within the network for 

A Cardano Spot ETF would be established as a trust, with a dedicated custodian ensuring the secure storage of ADA tokens. For instance, in Grayscale's proposed Cardano ETF, Coinbase Custody Trust Company, LLC is tasked with safeguarding digital assets. Experienced administrators — in this case, BNY Mellon Asset Servicing — will oversee the fund's day-to-day operations, and handle critical functions such as valuation, accounting and regulatory reporting in order to ensure compliance with industry standards.

The ETF’s value would be meticulously linked to the market price of ADA through an index that aggregates prices from reputable cryptocurrency exchanges, such as Coinbase, Crypto.com, Bitfinex and Kraken.

Upon receiving regulatory approval from the US Securities and Exchange Commission (SEC), shares of the Cardano Spot ETF would be listed on major stock exchanges such as NYSE Arca. This listing will allow investors to buy and sell shares via traditional brokerage accounts, providing a familiar and regulated avenue for cryptocurrency investment. Operating under stringent regulatory oversight, the ETF would ensure transparency, security and adherence to applicable laws, ultimately offering a streamlined and secure method for investors to participate in Cardano’s market movements.

On Feb 10, 2025, Grayscale Investments filed a 

 with the US Securities and Exchange Commission (SEC) to launch a Cardano Spot ETF, aiming to offer investors regulated exposure to ADA. The SEC formally acknowledged this filing on Feb 24, 2025, kicking off a review process that includes a public comment period. The review period allows up to 180 days for an initial decision — though extensions are possible, if the need arises. Historically cautious (due to concerns over market manipulation and investor protection), the SEC’s shifting stance, highlighted by approvals of 

, suggests a potential shift toward a more accommodating regulatory framework. (Polymarket analysts put approval odds at 64%.)

The market response to Grayscale’s proposal has been notably positive, with ADA’s price surging approximately 

 in 24 hours following the announcement, outperforming both BTC and ETH. This upward movement signals confidence in the ETF’s potential to integrate Cardano into traditional financial markets, and also reflects robust investor optimism and heightened institutional interest.

While the SEC’s decision on Grayscale’s Cardano Spot ETF is still pending, the combined effect of progressive regulatory action and favorable market sentiment highlights a promising future for Cardano. This development continues to strengthen the link between conventional financial systems and the innovative world of digital assets, reinforcing ADA’s standing as a leading blockchain asset in an ever-evolving market landscape.

Current impact of Cardano Spot ETF applications on the crypto market

Grayscale’s initiative to launch a Cardano-focused ETF has ignited robust investor interest, with ADA experiencing a substantial price surge that even outpaced major cryptocurrencies Bitcoin and Ethereum. This development reflects heightened optimism about Cardano's integration into mainstream financial products, and also signals a broader acceptance of digital assets within traditional investment frameworks.

At the same time, President Trump’s declaration to establish a US crypto strategic reserve — which notably includes Cardano, among other cryptocurrencies — has further propelled ADA's value, with reported increases 

. This move, aimed at incorporating key digital assets into the nation’s financial infrastructure, provides a robust endorsement of Cardano’s market relevance. 

The interplay between the ETF application and the announcement for a planned crypto strategic reserve has created a synergistic effect: while the ETF filing laid the groundwork for positive sentiment, the governmental initiative amplified investor confidence, culminating in a more pronounced price rally. 

What will it mean if a Cardano Spot ETF application is approved?

The SEC's approval of a Cardano Spot ETF would mark a pivotal moment in the integration of cryptocurrencies into mainstream finance. It would offer enhanced accessibility, liquidity and legitimacy to ADA, while also setting the stage for broader acceptance and development within the digital asset ecosystem.

Looking to capture the market and trade ADA tokens? Bybit offers the 

The potential approval of a Cardano Spot ETF represents a pivotal step toward mainstream legitimacy for ADA, mirroring both Bitcoin and Ethereum’s regulatory milestones. While the SEC’s decision remains pending, heightened investor confidence — evident in ADA’s price surges and institutional interest — signals optimism about Cardano’s integration into traditional finance. Approval would enhance accessibility, liquidity and ecosystem growth, positioning ADA as a competitive blockchain asset. 

Coupled with broader initiatives, such as that for a 

, these developments underscore Cardano’s rising prominence in merging decentralized innovation with regulated financial frameworks.

cardano etf.png

Cardano Spot ETFs: Boosting ADA's ETF market share

Bybit Learn

DeFi

DeFiChain is a software platform designed to support DeFi services and reduce transaction fees. Find out more about how it works in this article.

Among the most important developments in the cryptocurrency industry is 

 (DeFi), which is based on the same technology used for cryptocurrencies. As a secure distributed ledger, decentralized finance accommodates secure and transparent transactions. Over the past two years, the DeFi industry has become increasingly popular, and shows no signs of slowing down.

 technology, the most important issues that have been identified are 

 has been designed to fix these issues and to improve DeFi functionality. Here's a comprehensive and detailed overview of DeFiChain and its many features.

DeFiChain is a popular software platform that was designed to support decentralized financial services, which include everything from borrowing to investing. The goal of DeFiChain is to be accessible and transparent while providing fast transactions.

The primary difference between a standard banking network and DeFiChain is that the DeFiChain platform is fully decentralized. Because of how this platform is designed, anyone is able to participate in the network's protocol with their private digital devices. Any individual who runs the protocol is directly supporting the entire network, which allows participating individuals to earn DFI currency.

DeFiChain was created to give people full control over their own finances, which simply isn't possible with traditional banking. The purpose of the DeFiChain platform is to provide individuals with full access to DeFi services by placing complete DeFi functionality onto 

Back in 2019, the primary team behind DeFiChain created a document which identified the main challenges that occur when attempting to grow the DeFi ecosystem.

. The DeFiChain platform believes that it's possible for crypto users to easily complete financial transactions in a manner that's fast, secure and decentralized. DeFiChain was also developed to help reduce transaction fees when using the Bitcoin network and similar blockchain networks.

The primary functions available through DeFiChain extend to 

 with commodities and equities, non-collateralized debt and transferable debt.

DeFiChain is considered to be a decentralized blockchain platform with transparent financial products and services. It's a secure blockchain that focuses on bringing DeFi to Bitcoin. Because Bitcoin continues to be the crypto project with the most liquidity, getting DeFi onto its platform can be highly beneficial.

This ecosystem uses a hybrid consensus mechanism that combines 

 (PoW), making DeFiChain highly accessible for people who wish to contribute to the protocol.

Another benefit of this ecosystem is that it can take advantage of the increased security that the Bitcoin platform provides. Because of how DefiChain is designed, users benefit from 

This particular ecosystem provides support for a range of wrapped tokens, which extend to tokenized versions of 

, BTC and ETH. Whether you use a mobile or desktop 

, your tokens can be traded via decentralized exchanges with the addition of liquidity mining incentives. DeFiChain is also used for 

The infrastructure that this ecosystem is built on has been directly integrated with the 

 platform, which makes it easy to earn passive income with your crypto investments. The DeFiChain token is known as DFI.

A primary benefit of the DeFiChain ecosystem is that it's built directly on top of Bitcoin. One key challenge with any new blockchains is making sure it remains unaltered after large numbers of users and blocks are added to it.

DeFiChain has designed a secure blockchain by anchoring the ecosystem to the Bitcoin blockchain. After several minutes, DeFiChain automatically saves the latest 

 to Bitcoin, which is similar to the manner in which the 

 smart contract platform intends to connect with Bitcoin.

By implementing this technique, the latest chain is always immutable and secure. The anchoring mechanism allows the ecosystem to benefit from increased defense against vulnerabilities, such as attacks and hackers, that create issues with emerging blockchains.

Even though DeFiChain benefits from being anchored to Bitcoin, it has its own set of functions and consensus mechanism — which means that Bitcoin can benefit from certain features and characteristics that have yet to be added to its blockchain.

While DeFiChain can still add functionality, it focuses on simplicity, security and rapid throughput. The main advantages that DeFiChain gains from pairing with Bitcoin include Bitcoin's high 

 and ample security. The DeFiChain ecosystem has much lower fees and is exceedingly quick when compared to blockchains like the Ethereum blockchain.

DeFiChain is packed with features for users to take advantage of. They include everything from collateral tokens and decentralized loans to a robust governance system.

Hybrid Proof of Work/Proof of Stake Consensus

DeFiChain uses a fully decentralized consensus mechanism that combines PoW with PoS. The benefits of this solution include:

This isn't considered to be a general purpose blockchain, which means that only commands that are part of the primary set of functions are supported. By reducing the number of commands that can be implemented, it's more difficult for hackers to breach the ecosystem. You can be confident that your crypto assets are safe when using DeFiChain.

The smart contract functionality that this ecosystem consists of is known to be more effective since it's non–Turing-complete. While DeFiChain isn't the first project to use this type of smart contract security, it has yet to be widely adopted despite the many benefits it provides. Because of this capability, all DeFi transactions are completed quickly and come with reduced gas rates, as well as a lower risk of error.

Immutability means that a blockchain’s ledger is an unalterable and permanent history of transactions. By placing DeFiChain on top of Bitcoin, an extra layer of security is created, in addition to adding immutability. As touched upon previously, the latest chain is secure and immutable. It's also possible to check the chain against a record that's present on Bitcoin. Since this ecosystem is anchored to Bitcoin, it has had immutable records from the second it was placed online.

While a small number of new blockchains have been able to increase the quality of their immutability, they do so by reducing decentralization.

For instance, the blockchain might only allow delegated stakers who are personally chosen by the chain's founders, which contradicts the decentralized nature of blockchain. DeFiChain focuses on anchoring a block to the Bitcoin blockchain after several blocks, which increases the platform's immutability without reducing decentralization.

So far, Ethereum has been the primary platform of choice because of its DeFi capabilities. However, some DeFi applications have undergone hacks because attackers were able to identify a bug or loophole in the platform's smart contracts. Because of how smart contracts work on DeFiChain, it's a better option for security purposes.

An additional layer of security is also provided by Bitcoin. While Bitcoin doesn't have the transaction speeds that the majority of DeFi applications require, it's a more secure blockchain than most other platforms and will keep your crypto assets and transactions safe.

This ecosystem will take a "snapshot" of the platform's current state, after which the snapshot is saved on Bitcoin, a process referred to as anchoring. Anchoring increases security. Even more security is added through the strength of the hybrid PoW/PoS consensus mechanism.

 system is necessary for any platform that wants to maintain relevance in the future. Once this system is in place, it becomes easier to meet user demands. The majority of older blockchains like Ethereum and Bitcoin have a high amount of community involvement, which makes it possible for 

 to occur when changes are made to how the blockchain functions.

 experienced a hard fork, network developers made the decision to forego a focus on decentralization. Users who were against this move decided to commit to the hard fork, which resulted in a new currency, 

DeFiChain keeps hard forks at bay by providing stakeholders with the ability to vote on proposals and determine what the platform's road map will look like in the years to come. However, only investors who have at least 500 DFI in their mobile or desktop wallet can submit a proposal.

Each master node is considered to be a single vote. Master nodes hold at least 20,000 DFI. Voting takes place on 

 and occurs by placing a digital signature on a message. This signature is completely unique to each master node. Because of this governance system, any changes to the platform will occur based on voting from users and stakeholders.

DeFiChain focuses on providing developers with the ability to rapidly develop 

 (DApps). For instance, decentralized loans occur through collateralized systems and collateral tokens. The wrapping of tokens allows developers to work with a wide range of crypto assets on-chain. The inclusion of pricing oracles means that data can be easily collected from non-crypto markets and other blockchains. Additional features that support the rapid development of DApps include:

The decentralized wrapping of tokens lets DeFiChain use 

, Ether, Bitcoin or similar crypto assets. This feature allows digital assets to be used on different blockchains. The DeFiChain ecosystem offers a wrapping mechanism that lets the asset owner use the mechanism without needing to rely on a third party as guarantor. Users can then exchange wrapped tokens at their initial value. This feature is available as an incentive for crypto holders to make wrapped tokens via the DeFiChain network.

If wrapping weren’t available, crypto holders would have to convert their assets to the specific DeFi currency in order to use the services that the platform offers. If you've placed your crypto assets into Ethereum or Bitcoin, you shouldn't be forced to switch over to a completely different token just to perform transactions. This functionality allows you to use your current crypto holdings when making an investment in other financial vehicles.

Let's say that you currently hold Bitcoin, but would like to provide a loan to an individual who wants to borrow Ether. With wrapping technology, you can essentially convert your holdings to Ether to accommodate the user.

DeFiChain offers pricing oracles that can obtain data from other blockchains, which includes asset pricing. While the oracles are currently appointed and controlled by members of the DeFiChain Foundation, they are meant to be decentralized eventually.

The oracles will submit updated prices every 15 minutes and the aggregated price of a digital asset would be the weighted average of all active oracles’ prices, which can be viewed on 

. This built-in oracle functionality makes it easy for smart contracts to identify the total number of oracles, reward parameters and consensus percentage.

 functionality, which means that cryptocurrency swaps can be made in a peer-to-peer manner. Users are automatically matched for trades, which means that an exchange isn’t necessary in order to purchase and sell cryptocurrencies. The inclusion of this feature reduces the risks that naturally occur when using an exchange. Whether you use a mobile or desktop wallet, you can take advantage of this feature.

Decentralized lending provides groups and individuals with the ability to lend and borrow without bank intervention. Decentralized loans can be administered with the use of collateral tokens. In 2018 alone, decentralized lending via Ethereum involved more than $250 million in loans. It's also important to understand that previous decentralized systems were based solely on Ethereum, which meant that only around 15% of the total market was accommodated.

This particular platform accommodates the entire market by focusing on Bitcoin while also offering access to the rest of the market via wrapping and pooling. The main benefit of decentralized lending is that an intermediary is no longer necessary when administering loans.

There also isn't a possibility of a minimum or negative interest rate. With increased access to lending, the crypto economy should be able to grow. In addition, decentralized lending is completely collateralized. Since cryptocurrencies are inherently volatile, the majority of platforms require at least double the loan amount for collateral.

The DeFiChain platform works with transferable receivables and debts. When looking specifically at centralized finance, all receivables and debts are managed by the financial institution which provides the loans, which means that there's no transparency to transferable debts.

With DeFiChain, potential lenders can view a borrower's transferable receivables and debts, which fosters competition in the lending market. If one lender makes a poor offer with a high and unfair interest rate, another lender can look at an accurate assessment of the borrower's risk to provide a loan at more reasonable rates.

This term refers to a representation of a specific asset as an immutable token via the blockchain. Such an asset could be company equity or real estate, which is why many investors find asset tokenization to be integral to the future of cryptocurrencies. The majority of platforms that advertise asset tokenization don't actually provide complete functionality.

 offer asset tokenization, they use Turing-complete commands, which lead to far more complex and unnecessary smart contracts. Because of how DeFiChain works, tokenizing assets like real estate and company equity is simple.

 feature pairs DeFi with Bitcoin-level strength, immutability and security. DeFiChain focuses on accommodating transparent, fast and intelligent transactions that anyone can access.

, you gain access to noncustodial, lightweight wallets with access to a suite of features available through the platform. This wallet is designed with security and speed in mind.

 program offers up to $50,000 in DFI for identifying vulnerabilities on the platform. This reward is only available if the team behind DeFiChain believes that the bug is significant, and if you can provide information about how to reproduce or fix the problem.

DeFiChain’s native token, DFI, has a current price of $0.94, and a market cap of $482 million. DFI’s price has been largely consistent over the past two months with small periods of growth. 

 and the circulating supply approximately 510 million with a burn function that occurs automatically for transaction fees. To this date, the number of DFI tokens that have been burned is close to 310 million.

DFI can be used to pay fees for smart contracts and transactions on DeFiChain, and to vote on proposals in the governance system. By paying 100 DFI, users can create new tokens. After every coin has been minted, stakers will be rewarded with transaction fees.

DeFiChain (DFI): Providing Seamless Access to DeFi & DApps

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards