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Here’s an introduction to six types of cryptocurrencies, focusing primarily on their features and applications, without involving price information:
Ethereum:
Ethereum is one of the most active decentralized application (DApp) innovation platforms. It supports smart contracts, allowing developers to create various applications on its blockchain. The Ethereum ecosystem is very rich, including numerous application scenarios such as decentralized finance (DeFi) and non-fungible tokens (NFTs).
Zcash:
Zcash is a decentralized blockchain cryptocurrency based on open-source code, featuring a high degree of anonymity. It was created on October 28, 2016, with a maximum supply of 21 million coins. Its main advantages include low transaction fees, user and transaction anonymity, and the capability to disclose payment data to third parties.
Graph:
Graph is a blockchain-based data indexing and querying protocol, with its native token being GRT. GRT is multifunctional within the ecosystem, used to incentivize network participants such as indexers, curators, and delegators. These participants support the network’s efficiency and security by staking GRT tokens.
SingularityNET:
SingularityNET is an artificial intelligence cryptocurrency project, with its native token being AGIX. AGIX is the primary payment method for AI services on the platform, allowing users to access various AI solutions. It also incentivizes AI developers and service providers to contribute to the platform.
Ocean Protocol:
Ocean Protocol is a blockchain-based data-sharing and trading platform, with its native token being OCEAN. OCEAN serves as the primary payment method for data and services on the platform, enabling users to access a variety of datasets and AI services. It also encourages data providers and curators to contribute valuable datasets.
Injective:
Injective is a decentralized cryptocurrency trading platform, with its native token being INJ. INJ is used for trading fees, listing fees, and other platform-related services. The platform supports a wide range of financial products, including derivatives and futures trading, offering a high-performance trading experience.