The evolution of cryptocurrency has been an interesting one to witness. Most platforms that began with their tokens as the main attraction has grown to house blockchains that allow other platforms to build their networks on them. This has been a turning point for cryptocurrency as several people have shown interest in building their networks and contributing to the greater good of the industry. In addition, newer concepts have found their way into this industry as well.
Runfy (RNF) is working on introducing health and fitness to blockchain technology by creating an app where individuals can track their progress, access diet plans, and count calories. Binance Coin (BNB) has grown to be one of the largest cryptocurrency exchanges by volume. The network provides numerous Decentralized Finance (DeFi) services for users and developers. Dogecoin (DOGE) is the first meme coin in the crypto industry, and it paved the way for so many other meme coins that are currently thriving. The purpose of the token was to create a light-hearted approach to cryptocurrency.
Runfy (RNF) is a new token that provides incentives to users for exercising and reaching their fitness goals. It plans to instill in people the importance of healthy lifestyle choices. Users that reach their goals successfully have the advantage of enjoying reasonable discounts on the products available on the network. Coupled with this, they will also get rewarded with RNF tokens for accomplishing their goals. Runfy will be launched on the Binance platform due to its scalability and high throughput.
The Runfy app is designed to ensure that individuals follow through with their set goals. The app rewards them for participating in daily, weekly, or monthly challenges. Runfy is going all out by also including the Metaverse in its ecosystem. The metaverse is a relatively new concept in the crypto industry and it is still under construction but it has generated millions of dollars since its inception.
There are two Metaverse universes on the Runfy platform; RunfTR and RunfShop. RunfTR allows users to interact with trainers and nutrition experts. The trainers get paid in RUNF tokens for the consultations they offer. RunfShop is where users can purchase their fitness kits and equipment. Although Runfy is entering the market with an unconventional strategy, it still has the potential to become one of the greatest projects ever launched.
Binance is one of the first digital currency platforms that mastered the creation of Decentralized Finance (DeFi). Before Binance entered the market, most crypto exchange platforms were designed by developers who had limited experience in running a decentralized exchange, and Binance attempted to correct this. The Binance Coin (BNB) cryptocurrency is used to pay for smart contracts, staking, and cross-chain operations.
Before Binance Coin became a multi-purpose platform, it provided spot trading, futures trading, anonymous instant swaps, and margin trading. Now, the network offers more sophisticated concepts including Binance Earn and Binance Smart Chain (BSC). Binance Earn provides users with several decentralized finance functions on the network. The Binance Smart Chain is a technology fully equipped to create high-functioning Decentralized Applications (dApps). Binance Coin is also known for its scalability and high transaction speeds.
Dogecoin is the pioneer platform for the meme coin community. It came into existence in 2013 as a parody of cryptocurrency but it gained accidental prominence that increased its value significantly. It is an open-source token that allows users to contribute to the platform’s development. It uses a Proof-of-Work (PoW) consensus mechanism, and it is based on Litecoin. Dogecoin presents itself as the fun version of Bitcoin.
Holders use the Dogecoin (DOGE) cryptocurrency to tip content creators on certain social media platforms. Some companies and organizations also accept this token as an alternative payment option. The token can be purchased on Coinbase, Kraken, and Binance