As cryptocurrencies are growing in popularity, new technologies are emerging to both facilitate and guide crypto users in their day-to-day actions. New ecosystems with several tools and features are seeing the light such as the one developed by the Firepin (FRPN) or Terra (LUNA) teams.
Firepin (FRPN) – a community-driven ecosystem
Firepin (FRPN) is a new and promising crypto project which seeks to place its community at the heart of its strategy. The decentralized token which operates on several blockchains brings into the crypto world some revolutionizing technologies to ensure the token is accessible to as many people as possible while helping its community with tools to facilitate their trading experience.
Firepin (FRPN) has conceptualized an impressive ecosystem that combines some important features and tools under one project, which will develop into the Firepin Metaverse. The Firepin Bridge will allow users to trade and interact with the Firepin token on several blockchains including the Binance Smart Chain (BSC), Ethereum, Polygon, Avalanche and Solana.
Moreover, the development of the Firepin Swap will provide its users with a user-friendly exchanger which offers the best rates available on the market in a platform offering a cutting edge user experience. This will not only boost the utility of the coin but also equip the token’s community for a smoother experience.
In addition to the Swap, the Firepin community is developing an NFT vault through which the Firepin community can trade, manage and exchange NFTs from their personalized Firepin application. An NFT marketplace will also be added to the array of tools, allowing users to put their cherished NFTs for sale on any of the compatible blockchains.
Empowered by its decentralized autonomous organization, which places decision-making in the hands of the community, the Firepin (FRPN) max supply is 100.000.000.000 FRPN across all protocols and the token is currently in its pre-sale phase.
With its exciting and cutting-edge technologies, the Firepin token and the team behind it will undoubtedly disrupt some of the crypto markets.
Terra (LUNA) – an innovative ecosystem
Terra (LUNA) which is the name of the blockchain whose native coin is LUNA is a protocol that facilitates the creation of price-stable cryptocurrencies that has its core mechanism which is used in the issuance of stable coins. Stable coins are becoming an important pillar of cryptocurrency as investors seek to take out their money from coins into USD without having to exchange them into fiat.
Having emerged in 2018, the token is currently in the top 10 largest cryptocurrencies in terms of market cap, which is currently standing at around $28 billion. It has developed an ecosystem which seeks to decentralise decision-making in order to provide more long-term stability and transparency as well as allow for the creation of smart contracts and protocols developers can easily interact with.
With more than 100 apps and services being built on the Terra protocol, including betting, eCommerce, staking, or marketing software, the Terra ecosystem has disrupted and revolutionized practices and tools in the crypto world.
With the development of play-to-earn games on the Terra blockchain such as Expedition and the continuous hype this coin generates across different internet communities, analysts expect Terra’s native coin LUNA to increase in price. Nevertheless, before investing one should be attentive to trends and analyze data from different sources.
As crypto evolves further and blockchains become more interconnected, we will see the emergence of even more interesting and instrumental ecosystems such as the ones developed by Firepin (FRPN) and Terra (LUNA) which will create more financial opportunities.
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