New Listings on CODEX: Meet Chainlink (LINK), Mithril (MITH) and Decentraland (MANA)

in #cryptocurrency5 years ago

Know more about the tokens we listed today.

What is the Chainlink?

About:
ChainLink is a step forward into further decentralization of multiple smart contracts, especially data and funds transactions. The platform ensures transparent and provably secure execution of smart contract controlled transactions. This process is based on data decision by decentralizing both the data stream and outcoming financial transactions. Chainlink works with smart contracts and transactions on any major blockchain on the market. Being a cross-chain platform, it collects the required data, processes it openly in own blockchain using customer nodes connected to it, and controls the payments fueled by the smart contract supporting both cryptocurrency and fiat payments. This way, Chainlink steps up instead of a closed and non-transparent oracle and controls the correct payment provided by the customer’s smart contract.

The Chainlink token (LINK) is used for nodes payments such as computing powers, data gathering, compatible formatting and uptime guarantees provided. Smart contracts owners pay via LINK as it is a more transparent and reliable form of payments and oracle.

Project website: https://chain.link

Key features:
LINK token is an ERC-20-derived Ethereum-based token with additional functionality inherited from the ERC-223 standard. The Chainlink’s off-chain platform part relies heavily on the token.

Price and capitalization of Chainlink Token (LINK):
Today’s market cap of Chainlink token is USD 73,361,907. The daily trading volume is USD 1,536,573 (466.76 BTC). Coimarketcap currently places the token on 49th place in its rankings. The current LINK price is USD 0.209605.

Available trading pairs:
LINK/BTC; LINK/ETH.


What is the Mithril?

About:
Mithril is a project that offers content creators and authors an ability to earn cryptocurrency (MITH) by sharing unique content. The team behind the project calls this concept a ‘social mining’. Mithril can be easily integrated with any social network, and as a proof of concept, the team has already integrated it in Lit, a new social media platform for mobile phones. The other important part of Mithril infrastructure is VAULT, an application that offers all essential functions for Mithril like a wallet, an asset management suite, a deposit and withdrawal endpoint.
30% of the 100,000,000 MITH emission were issued through a private sale without a consequential public sale. The MITH is a classic utility token used as a primary payment medium throughout the platform.

Project website: https://mith.io

Key features:
MITH is an ERC-20 utility token on the Ethereum blockchain. All payments within the Mithril platform transact in MITH.

Price and capitalization of Mithril Token (MITH):
Mithril’s market cap at Coinmarketcap is USD 31,215,755, and the 24h trading volume is USD 10,101,411 (3,069 BTC). The token is currently ranked 88th at Coinmarketcap. The current price of MITH is USD 0,064147.

Available trading pairs:
MITH/BTC; MITH/ETH.


What is the Decentraland’s MANA token?

About:
Decentraland is an immersive 3D virtual world experience in the form of decentralized online gaming platform for user interaction, virtual and gaming content creation. Players can purchase land, build their creations and gather into location-based communities in the game.
The MANA is a primary payment medium within the game for all kinds of purchases such as land, item and skin trading, embedded games interaction and more. The platform also has the LAND token which is entirely in-game and can be bought only using MANA tokens. The MANA token is also ERC-20-based and supported by the majority of Ethereum wallets.

Project website: https://decentraland.org/

Key features:
MANA token is ERC-20-based and supported by the majority of Ethereum wallets. It is an exclusive medium of payments in the Decentraland infrastructure.

Price and capitalization of Decentraland’s Token (MANA):
The MANA’s market cap currently is USD 48,343,017. The daily volume is USD 2,426,572 (737.01 BTC). The token takes 69th place in the Coinmarketcap ranking. The current MANA price is USD 0,046035.

Available trading pairs:
MANA/BTC; MANA/ETH.

Keep up with the CODEX’s latest news and updates on the social network of your choice:
Telegram | Facebook | Twitter | Bitcointalk | Reddit | Medium