Beaxy Round 3 Listings

We’re pleased to announce our Round 3 Listings. The following trading pairs will be listed on the exchange in the near future.

▲ 0Chain

ABOUT

• • https://0chain.net/
  • Source Code
  • $ZCN
  • Founded in 2017, 0Chain (ZCN) describes itself as the “worlds fastest enterprise blockchain” by processing over 1000 transactions per second. In essence, the company provides blockchain-as-a-service and decentralized web storage for enterprises. It is an open sourced fast, secure, public, self-forking enterprise-grade blockchain powered by an innovative and original consensus protocol. It enables decentralized applications (Dapps) such as 0Box to abstract infrastructure and zero-trust protocols and to build fiat applications on 0Chain. 0Box claims to be a high-performance, highly-secure, decentralized storage (dStorage™) platform. 0ChainNet is secured by a native cryptocurrency (ZCN), which enables a fast, secure, and free way to store and transfer value. In 2018, 0Chain became an official Amazon Web Service solution partner.

▲ Blocknet

• • https://blocknet.co/
  • Source Code
  • $BLOCK
  • Blocknet (BLOCK) bills itself as the “Internet of Blockchains.” Blocknet is a 2nd layer blockchain interoperability protocol that enables communication, interaction, and exchange between different siloed blockchains. This allows for the development of multi-chain applications and blockchain microservices. Essentially, if one develops on Ethereum for example, they will be able to access functionality of other chains like ICON. At its core, Blocknet utilizes XBridge, a blockchain router and peer-to-peer protocol to allow cross-chain swaps, data transfer, and execution of smart contracts across chains. Blocknet comes with Block DX, the first Dapp built on Blocknet and claims to be a fully functional cross-chain decentralized exchange.

▲ Cloak

• • https://www.cloakcoin.com/
  • Source Code
  • $CLOAK
  • CloakCoin (CLOAK) is an open source cryptocurrency designed to facilitate private, secure and untraceable decentralized transfers with Enigma. Enigma is at heart a decentralized, off-blockchain mixing service which allows users on the CloakCoin network to transmit Cloak privately and securely to each other. It has been designed to ensure the mixing process is both secure and untraceable to third party observers. This ensures a user’s Cloak coins are kept safe during transfer and that the sender and receiver cannot be tied or associated. The tokens are “cloaked.” Additionally, CloakCoin utilizes a dual Proof of Work/Proof of Stake system in which anyone with Cloak coins can participate in Cloaking operations, which allows them to leave their wallet running in Staking/Cloaking mode to allow it to passively assist in Cloaking and earn rewards.

▲ DERO

• • https://dero.io/
  • Source Code
  • $DERO
  • Dero (DERO) is a unique open source distributed privacy-centric smart contract platform based on DAG (Directed Acyclic Graph) and CryptoNote protocol technology. According to its whitepaper, “The goal is to create a unique state of the art blockchain technology with enhanced Reliability, Privacy, Security, Usability, and Portability by bringing together some of the best proven technologies like CryptoNote Protocol and Smart Contracts, thereby allowing for the creation of Private Smart Contracts.” Private Smart Contracts on the Dero platform can currently be built with DERO BASIC, and will run in a DERO Virtual Machine (DVM). The white paper suggests other languages such as Golang and Solidarity may be added for this in the future. DVM is a Turing complete 256-bit Virtual Machine runtime environment for DERO Smart Contracts with CryptoNote Protocol Privacy and additional modifications. It is claimed that any individual or organization that chooses the DERO blockchain for asset management will benefit from the highest levels of privacy.

▲ Dogecoin

• • https://dogecoin.com/
  • Source Code
  • $DOGE
  • Launched in 2013 from a fork of Litecoin, Dogecoin (DOGE) is a decentralized, peer-to-peer digital currency that enables you to easily send money online. Dogecoin sets itself apart from other digital currencies by its community and is based on an internet meme of a Shiba Inu, a type of Japanese Dog. Often used as a tipping system on sites like Reddit or Twitter, Dogecoin has grown into a full fledged method of P2P payments. It was created by Billy Markus and Jackson Palmer with the vision of it being a fun, light-hearted cryptocurrency. It is said jokingly that “1 Doge = 1 Doge.”

▲ Enigma

• • https://enigma.co/
  • Source Code
  • $ENG
  • First described in 2015 by Co-Founder Guy Zyskind’s MIT thesis, Enigma (ENG) is an open source smart contract platform that aims to solve the privacy and scalability issues of blockchain. In essence, smart contracts on Enigma become “Secret Smart Contracts” where input data is kept hidden from nodes in the network that execute code. As stated in its whitepaper, “Our goal is to enable developers to build ’privacy by design’, end-to-end decentralized applications, without a trusted third party.” Enigma is designed to connect to an existing blockchain and off-load private and intensive computations to an off-chain network. The Enigma ecosystem comes with Catalyst, the first application built on Enigma. Catalyst is a platform for data-driven cryptoasset investing and research, built for professional crypto traders.

▲ Horizen

• • https://www.horizen.global/
  • Source Code
  • $ZEN
  • Launched in May 2017, Horizen (Formerly ZenCash) is a privacy-oriented cryptocurrency based on blockchain and zk-Snarks technology. It claims to be the first TLS end-to-end encrypted anonymous payment network, messaging service, content publishing platform and decentralized autonomous organization (DAO). At its core, transactions on the network can be shielded through an implementation of zk-Snarks and end-to-end encryption between nodes in which the sender, recipient, and amount are hidden on the blockchain, making Horizen completely untraceable. Furthermore sidechains will enable anyone to build privacy-based applications on the Horizen SDK. According to its whitepaper, “We live in a hyper-regulated and surveilled world where billions of individuals are deprived of basic human rights, such as property ownership, privacy, free association, and access to information.”

▲ Kambria

• • https://kambria.io/
  • Source Code
  • $KAT
  • Named after the ancient Cambrian Explosion era of accelerated biodiversity and evolution, Kambria (KAT) aims to do the same with robots and AI on a decentralized open robotics platform incentivized with token economics based on Game Theory. The goal of Kambria is to make AI & robotics development faster, cheaper and easier. Kambria codifies Game Theory with token incentives for participation onto its blockchain with the KAT token, and as stated in its whitepaper “By introducing crypto-economics into the robotics development cycle, the Kambria Platform can be leveraged to reward cooperation and penalize defection to (1) achieve a dramatically lower barrier of entry for individuals and small teams to collaborate; (2) provide economic incentives to contribute; (3) capitalize on network effects to aggregate compelling technology; (4) provide intermediation for the end-to-end robotics business challenges; and (5) detect and denounce violations of legal rights to reduce the “free rider” effect.”

▲ Morpheus Labs

• • https://morpheuslabs.io/
  • Source Code
  • $MITX
  • Morpheus Labs (MITX) is developing an enterprise Blockchain-Platform-as-a-Service (BPaaS) solution and Decentralized App Marketplace. The primary goal of Morpheus Labs is to offer “Turn-Key Solutions” to build a comprehensive and inclusive ecosystem that enables organizations and developers to rapidly design, deploy and operate distributed ledgers at the fraction of the current cost and time. The platform supports more than 7 programming languages such as Python, Node.js, Java, PHP, C++ and more. The project is lead by Chuang Pei-Han, and in 2016 was accepted into SGinnovate, a startup group by the Singaporean Government.

▲ NIX

• • https://nixplatform.io/
  • Source Code
  • $NIX
  • NIX Platform (NIX) is privacy currency and multi-layered interoperability platform which fuels anonymity-focused decentralized applications (dApps) via smart contracts. The NIX protocol offers layered optional privacy and accomplishes this using a unique implementation of Ghost Protocol. NIX is fundamentally built on four key layers: the stake-able Protocol Layer which implements a Leased Proof of Stake (LPoS) consensus mechanism, the Utilization Layer providing optional privacy preserving transactions, the Communications Layer for cross-chain privatized atomic swaps, and the Dapp Layer consisting of decentralized applications running on top of the NIX network utilizing NIX’s unique privacy protocols.

▲ PIRL

• • https://pirl.io/
  • Source Code
  • $PIRL
  • PIRL (PIRL) is a community centric blockchain based smart contract platform utilizing a multi-tiered masternode network. PIRL aims to take existing framework of the Ethereum network and further enhance its capabilities, scalability, and stability to spur mass adoption. Fundamentally, PIRL is centered around the idea of the Poseidon platform, a place which simplifies the process, and creates a more intuitive experience for everyone, accesible through a single point of entry. Various features for Decentralized File Storage, Communication, Entertainment and Escrow protected trading will be available. PIRL started with no Premine or ICO.

▲ Sentinel

• • https://sentinel.co/
  • Source Code
  • $SENT
  • Sentinel (SENT) is an interoperable networking layer for distributed services. It is built upon a multi-protocol network where users and applications can access a global distributed services and resources marketplace through Dapps. The Sentinel network allows anybody to become a resource node by selling their unutilized computing resources in the marketplace. Some features of the Sentinel network include: BFT based consensus using the TenderMint Consensus Engine, developer friendly SDK, and a single desktop/mobile client to connect to all services. Sentinel comes with The Sentinel Security Suite, a set of products that are developed by the Sentinel community and core team and functions utilizing protocols and Sentinel Network SDK. Within this suite is Sentinels’ flagship application, Sentinel’s decentralized Virtual Private Network (dVPN), which is designed to allow users to mask their internet traffic through a series of high-bandwidth nodes. Essentially, dVPN service allows a person to use the VPN service or help the VPN by sharing free, unused internet with other people in the network with a node. Nodes may charge the users in $SENTs per Gigabyte of internet shared.

▲ Stakenet

• • https://stakenet.io/
  • Source Code
  • $XSN
  • Stakenet (XSN), which is based on SegWit enabled bitcoin core architecture, is a Trustless Proof of Stake (TPoS) blockchain that addresses the issue of cryptocurrencies for nontechnical people by providing a simple user interface to access all the features of their 4th generation meta network. Stakenet allows users to stake various cryptocurrencies in one single wallet, to trade at a decentralized exchange, which is entirely provided by masternodes and empowers its users to execute atomic swaps between different blockchains. Lightning networks allow for fast transactions and virtually zero fees. Each Masternode runs dApps and network services. Furthermore, an implementation of Merchantnodes act as a kind of Staking node designed especially for cold staking (TPoS). Essentially holders of the cryptocurrency can “Stake” their tokens in cold storage with the use of a third party acting as a service Masternode. Stakenet is said to be self-governed with Stakenet holders participating in a Decentralized Autonomous Organization or (DAO) with various rights and abilities.

▲ Swarm

• • https://www.swarm.fund/
  • Source Code
  • $SWM
  • Swarm (SWM) is an open source investment platform designed for the easy issuance and management of Digital Security Offerings (DSO). This includes token creation, configuration, fundraising, issuance; and post-distribution activities such as token redemption, dividend issuance, asset governance, investor administration, reporting and communications. Swarm utilizes a unique fork of the Stellar protocol called the Market Access Protocol (MAP) which is an interoperability-focused security token protocol. On MAP, legal framework for compatibility with regulations around the world is codified into its SRC-20 token standard. The SWM token, which is an ERC-20 utility token is used to: invest in the various SRC-20 tokens listed on the Swarm Invest Platform, pay gas fees, and participate in the governance system. Masternodes ensure the path for secure, trusted network infrastructure. Swarm is said to empower anyone with the ability to participate in the private equity sector once reserved for only for a wealthy minority.

▲ Ubiq

• • https://ubiqsmart.com/
  • Source Code
  • $UBQ
  • Launched in 2017, Ubiq (UBQ) started with no Premine or ICO and is built upon a hard fork of the Ethereum Codebase, puting stability at its core. Ubiq according to its whitepaper, “offers an enterprise-stable platform by implementing well established and thoroughly tested EVM code. This code, coupled with a conservative upgrade schedule, reduces the risk of network instability and unintended hard-forks.” Essentially, Ubiq aims to provide a stable Ethereum Virtual Machine for Solidity based smart contract execution for Enterprise use. It is claimed that companies using Ubiq smart contracts can be sure that their contracts will continue to function properly whenever new upgrades enter production on the platform. Users pay contract gas and transactions fees in UBQ, or as an exchange of value. The project is open source and led by an experienced team all working on a not-for-profit basis.

▲ Zcoin

• • https://zcoin.io/
  • Source Code
  • $XZC
  • Zcoin (XZC) is an open source distributed ledger technology designed for privacy-centric, anonymous transactions based on the Bitcoin codebase. At its core, Zcoin utilizes a unique implementation of Zero-Knowledge Proofs in its Zerocoin protocol in which the sender in a transaction burns the sent coins, and simultaneously “mints” new Zerocoins at the receiving address. In essence, no transaction histories are linked to the actual coins. In every transaction a Zcoin is destroyed, and Zerocoin is created at the destination without any identifying information about the sender or receiver in the transaction. Zcoin operates a multi-node model where mining nodes verify blockchain transactions with its upgraded MTP Proof of Work algorithm and Znodes store blockchain data. Zcoin was originally launched in September 2016 based on ideas of Ian Miers, Christina Garman, Matthew Green, and Aviel D. Rubin of The Johns Hopkins University Department of Computer Science.

Not Investment Advice.
Beaxy Digital Ltd., dba Beaxy, is not an investment company or investment advisor and does not provide investment advice.  The information and content contained in Beaxy’s website, Facebook page, Discord and Telegram communities, and social media accounts (collectively, “Media”) is not intended to be a source of advice or investment analysis with respect to the material presented and does not constitute investment advice. The information is intended to be used and must be used for informational purposes only. The ideas, strategies, reports, articles and other information expressed in Beaxy’s Media are our opinions and should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.  Be aware that trading tokens and all other financial instruments involves significant risk. Past performance is no guarantee of future results, and we make no representation that you or any other person will or is likely to achieve similar results.

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