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Cipher (CPR) stands out in the cryptocurrency landscape as a utility token that embodies partial ownership of the company Cipher. Unlike many other digital assets, Cipher did not launch through an ICO or IEO. Instead, tokens are distributed through active participation in the project, fostering a unique community-driven approach. The project, initiated on April 9th, 2018, originally utilized the Ethereum Blockchain but later transitioned to the Polygon PoS network to enhance scalability and efficiency.

The team behind Cipher spans across India, the United Kingdom, and New Zealand, focusing on creating a transparent, accountable, and secure business environment. This global team is dedicated to developing business applications that are not only user-friendly but also highly scalable and secure. Cipher's mobile apps aim to deliver personalized content, real-time application access, and interactive user experiences.

In addition to its utility token, Cipher Mining Inc. is a significant player in the bitcoin mining sector, continuously expanding its operations and increasing its hash rate. The company has set ambitious goals, such as reaching a hash rate of 8.2 EH/s by the end of the year, reflecting its commitment to growth and innovation.

Cipher's business model emphasizes a unified ecosystem without the need for traditional fundraising methods. Transactions within this ecosystem are designed to be efficient, transparent, and easily tradable, aligning with the company's overarching goals of transparency and accountability.

Cipher

Dogelon Mars is a dog-themed meme coin on Ethereum and Polygon. It follows the example of other successful dog coins like Dogecoin, Shiba Inu and Floki Inu.

Dogelon Mars plays on several popular themes in the meme coin space. Its name is a mixture of Dogecoin and Elon Musk, the billionaire entrepreneur who is an outspoken supporter of Doge. It alludes to Mars, a spin on the famous moon meme, implying that Dogelon will experience a massive upward movement. Beyond its tongue-in-cheek name, Dogelon Mars has managed to build a significant community, with more than 300,000 Twitter followers and more than 84,000 followers on Telegram.

Dogelon Mars

ChainGPT is an AI-centric platform revolutionizing the Web3, blockchain, and cryptocurrency landscapes. At its core, ChainGPT integrates AI with blockchain technology, offering a suite of tools designed to simplify complex processes. The platform's AI Virtual Machine (AIVM) is the powerhouse behind its diverse offerings, including smart contract generation and auditing, NFT creation, and AI-driven market analysis.

ChainGPT's ecosystem is rich with features like the AI chatbot, which serves as a crypto-native conversational assistant, and the AI Trading Assistant, providing technical analysis and trend detection. The platform also includes CGPT.Fun, a no-code tool for launching AI agents, and the AI NFT Generator, enabling users to mint NFTs from text prompts across major blockchains.

The $CGPT token is integral to the ChainGPT ecosystem, granting access to premium AI tools and enabling participation in governance through DAO voting. It also supports staking and farming, offering rewards and benefits to token holders. The token's burn mechanism ensures long-term sustainability by using a portion of collected fees to buy and burn $CGPT.

ChainGPT's infrastructure is accessible through SDKs and APIs, allowing developers to harness its AI capabilities. The platform's commitment to open technologies ensures that its AI models and applications are available to other Web3 companies.

ChainGPT

Theta (THETA) is a blockchain powered network purpose-built for video streaming. Launched in March 2019, the Theta mainnet operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer (P2P) basis. The project is advised by Steve Chen, co-founder of YouTube and Justin Kan, co-founder of Twitch.

Theta features its own native cryptocurrency token, THETA, which performs various governance tasks within the network, and counts Google, Binance, Blockchain ventures, Gumi, Sony Europe and Samsung as Enterprise validators, along with a Guardian network of thousands of community-run guardian nodes.

Developers say that the project aims to shake up the video streaming industry in its current form — centralization, poor infrastructure and high costs mean that end users often end up with a poor experience. Content creators likewise earn less revenue due to the barriers between them and end users.

The Theta team has created a customer-centric business plan for their growing ecosystem of services focused on esports, music, TV, movies, and education. The list of Theta Network partners includes video platforms like Samsung VR, Cinedigm, Shout! Factory, Pandora.tv, Play Labs, and THETA.tv.

Wrapped THETA

VinDax Coin

APENFT

MDEX is a new decentralized trading protocol that launched in January 2021.

MDEX is an automated market making (AMM) decentralized exchange protocol that operates on the concept of fund pools, sharing some similarities with standard DEXs, but differentiating itself from competitors by using a dual-chain model modeled on both the Ethereum network and the Huobi Ecological Chain (HECO), which gives it access to the liquidity of the Ethereum ecosystem.

A trading platform built on top of HECO, MDEX has an estimated cost for token swaps at $0.001 for each trade, with a transaction speed of three seconds.

Mdex

Gala is a web3 ecosystem powered by a layer-1 blockchain (GalaChain) built to power the Gala entertainment ecosystem that originally included Gala Games, Gala Music and Gala Film. More recently however, GalaChain has opened its doors to external developers and projects from any applicable industry, providing open source developer resources to simplify the process.

On a mission to empower users and creators across multiple industries throughout the world, Gala’s goal is to become the first billion user blockchain in the world. Innovators can extend the benefits of web3 to their users and communities more easily than ever before by leveraging open source tools like the GalaChain SDK and Creator Portal.

By elevating their ideas to web3 through GalaChain, developers can create custom tokens, smart contracts, reward opportunities and node networks for their communities and projects. Assets built on GalaChain can also be bridged to other blockchains, such as Ethereum, Binance Smart Chain and more. Developers who wish to learn more about getting involved with GalaChain are welcome to reach out via GalaChain.com.

The core of GalaChain is powered by its DePIN (Decentralized Physical Infrastructure Network) of Founder’s Nodes, whose operators earn daily $GALA rewards for actively providing resources to the ecosystem and enjoy governance voting rights on certain core Gala decisions. In addition to the Founder’s Node network’s foundational workload, individual projects can also create Node networks on GalaChain with more specific workloads.

Gala.com
News.Gala.com
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