A decentralized media sharing ecosystem built on Solana (SOL), as well as several altcoins built on Ethereum (ETH) are surging after being added to the list of digital assets on Coinbase, the top US crypto exchange.
Media Network is a new type of Content Delivery Network (CDN) that harnesses the power of decentralized peer-to-peer (P2P) streaming to deliver on-demand bandwidth while maintaining user privacy by never requiring data to be accessed. registrations or personal information to participate.
The project is part of Solana (SOL) and users can earn the MEDIA token to contribute available bandwidth.
Multimedia token is up 10.74% and trading at $26.57.
The Metis Layer 2 Scaling Solution (METIS) is also rallying. The Metis protocol aims to offer lower fees and faster transaction times than Ethereum (ETH), while maintaining the security of the leading smart contract platform.
The native METIS token can be used for staking and internal payments, but also performs an important function within the Metis Virtual Machine (MVM) when creating a Decentralized Autonomous Company (DAC).
Metis is up sharply, in the green by 23.16% on the day and priced at $0.0075.
Also joining the Coinbase list is Monavale (MONA), a native Digitalax token that allows users to design personalized digital wearables in the form of non-fungible tokens (NFTs).
The project brings the fashionable Creative Commons (CC0) license for the Internet Web 3.0, stating in a blog post Publish its long-term goal is to become “the NFT home of digital fashion for all games, VR [virtual reality] and metaverses in the crypto ecosystem.
monavale is up over 12% on the day and priced at $666.66.
Coinbase will add support for Chain (XCN), MetisDAO (METIS), Monavale (MONA) and AirSwap (AST) on the Ethereum network (ERC-20 token) and Media Network (MEDIA) on the Solana network (SPL token) . Do not send this asset to other networks or your funds may be lost. pic.twitter.com/M1PfwEARX8
— Coinbase Assets (@CoinbaseAssets) June 27, 2022
AirSwap (AST) is another blockchain project that leverages P2P, specifically as a decentralized token exchange network with no order book or trading fees. The project was founded as a joint venture by ConsenSys and Fluidity.
At the time of writing, Air Swap soars nearly 26% with a market price of $0.106.
Last on the list of new Coinbase crypto assets is the Ethereum-based cloud blockchain protocol chain, whose native token XCN provides governance and utility.
The company recently announcement that it continues to hire new employees despite the general stagnation in crypto markets, and Chain said it burned a staggering $2.6 billion worth of XCN, or more than 22% of the total supply of the token, as part of a new governance change.
Currently, Chain is down less than one percent and priced at $0.086.
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