Altcoins are a unique breed of digital currencies. Most altcoins do not attempt to solve anything new or revolutionary, but rather strive to improve on what may already be available.
As the cryptocurrency market continues to grow, so too are the number of altcoins vying to take over the world. Logarithmic Finance (LOG), Binance Coin (BNB), and Polygon (MATIC) are altcoins that have the potential to generate significant returns for innovators and investors who get involved.
Logarithmic finance (LOG) sets the standard for presales
The Log Finance (LOG) The protocol is a secure, non-custodial, cross-chain project that allows investors and end-users to generate income on any block chain network of their choice.
The Logarithmic Funding Team aims to provide cash pooling options to project innovators who need funds and are looking to enter the cryptocurrency market on open blockchain networks.
The team intends to provide project innovators and liquidity providers with advanced functionality so that they can reap the true benefits of decentralized finance (DeFi) innovations in a stable, scalable, and profitable ecosystem.
The LOG token is the official ERC-20 utility and governance token of the Logarithmic Finance protocol.
The token is currently built on Ethereum blockchain network, however, the Logarithmic Finance team aims to include adding support to other block chain networks such as Binance Smart Chain, Avalanche, Polygon, Solana and Tezos.
The token is currently in its pre-sale phase with only 1.2 billion of its maximum supply of 4 billion tokens going on sale.
Binance Coin (BNB) at a reduced price
Originally created as a utility token for discount trading on the cryptocurrency market in July 2017, the Binance Coin (BNB) is the native cryptocurrency issued by Binance Exchange.
The Binance exchange is the largest cryptocurrency exchange in the world with a trading volume of $7.6 billion.
Binance Coin (BNB) was originally an ERC-20 standard token built on Ethereum block chain but it has since become the native token of the Binance Smart Chain.
Binance Coin (BNB) is deflationary with a maximum supply of 200 million BNB coins, of which only around 168 million are in circulation.
The coin is used to pay for online and offline services and to book accommodation and travel accommodation. The coin is also used to invest in certain initial coin offerings (ICOs) listed in the Binance Launchpad program.
Polygon (MATIC) competing with Crypto Giant Ethereum
Launched by Jaynti Kanani, Sandeep Nailwal and Anurag Arjun in October 2017, Polygon (MATIC) was formerly known as Matic Network and is the first easy-to-use and well-structured platform for building and connecting Ethereum compatible block chain networks on the cryptocurrency market.
Polygon (MATIC) is constructively modifying Ethereum into a full-fledged multi-chain system, also known as the Internet of Blockchains.
The platform also allows the creation of decentralized applications (dApps) available anywhere in the world on a single fundamental blockchain.
The native token of the Polygon platform is MATIC. The token is an ERC-20 standard token running on Ethereum blockchain network.
Tokens are used for payment services on Polygon and as payment currency between end users who transact on Polygon sidechains and within the Polygon ecosystem.
Altcoins are slowly but surely gaining ground in the business world. These three altcoins are likely to be viable long-term investments and you don’t want to miss this opportunity
Join the Logarithmic Finance presale:
Disclaimer: This is a paid version. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of the information available in this content. Do your research and invest at your own risk.