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Author: Admin | 2025-04-28
Transparency and safeguarding investors' interests within the cryptocurrency landscape. Striking a balance between innovation and regulation will be critical in building a sustainable and resilient financial ecosystem that mitigates risks and instils confidence among market participants.Layer 1s and 2s, non-fungible tokens (NFTs), and the MetaversesBlockchains such as Bitcoin and Ethereum are called Layer 1 in decentralised terminology. Alongside these Blockchains, there are Layer 2 protocols that can be utilised in conjunction, enhancing the capabilities of the underlying Blockchain. Examples of Layer 2 protocols include Arbitrum and Optimism. Within the Metaverse landscape, many platforms operate as Layer 2 protocols built upon existing Blockchains. For instance, Decentraland (MANA), ApeCoin (APE), Axie Infinity (AXS), the Sandbox (SAND), Enjin Coin (ENJ), Gala (GALA), Render (RNDR), and Metahero (HERO) are all powered by the Ethereum (ETH) blockchain. Theta (THETA) initially started as an ERC-20 token but subsequently transitioned to its native THETA token. Theta utilises two tokens: THETA for governance and TFUEL for utility. Stacks (STX) is one of the few layer-1 blockchains in the Metaverse ecosystem.Non-Fungible Tokens (NFTs) represent unique pieces of art, digital content, or media within the Metaverse. These tokens enable trading and serve as a means of storing value. However, it is essential to note that not all NFTs have proven to possess the anticipated value that some investors had hoped for.To summarise the information presented:Blockchain/protocolLayer typeNotable tokensBitcoinLayer 1BTCEthereumLayer 1MANA, APE, AXS, SAND, ENJ, GALA, RNDR, HEROArbitrumLayer 2ARBOptimismLayer 2OPThetaLayer 1THETA (governance), TFUEL (utility)StacksLayer 1STXThe Metaverse ecosystem encompasses a diverse range of
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