What is the currency circle project?
The currency circle project categories mainly include: cryptocurrencies (such as Bitcoin, Ethereum, stablecoins) blockchain platforms (such as Bitcoin blockchain, Ethereum blockchain, Polkadot) decentralized finance (such as Lending protocols, DEX, stablecoin issuers) Non-fungible tokens (such as digital art, in-game assets, collectibles) Metaverse (such as virtual worlds, virtual assets, crypto games)
Project Categories of Currency Circle
Currency Circle is a broad and diversified digital asset market, covering a wide variety of projects. The main categories include:
1. Cryptocurrency:
- Bitcoin (BTC): The oldest and most famous cryptocurrency, It has the characteristics of decentralization, anonymity and limited supply.
- Ethereum (ETH): A blockchain platform that supports the development and execution of smart contracts.
- Stablecoins: Cryptocurrencies that are pegged to the value of a fiat currency (such as the U.S. dollar or euro), providing stability and hedging.
2. Blockchain platform:
- #Bitcoin blockchain: BTC’s basic network, used for Record and verify transactions.
- Ethereum Blockchain: Used to build and deploy decentralized applications (dApps).
- Polkadot (DOT): A multi-chain network that allows communication and interoperability between different blockchains.
3. Decentralized Finance (DeFi):
- Lending protocols: For example, Compound and Aave, allow users Lend or borrow cryptocurrency and earn interest.
- Decentralized Exchanges (DEX): Such as Uniswap and SushiSwap, which allow users to trade cryptocurrencies without an intermediary.
- Stablecoin issuers: such as Tether and Circle, are responsible for issuing stablecoins pegged to fiat currencies.
4. Non-fungible tokens (NFT):
- Digital art: Digital artwork, such as paintings, Music and videos are tokenized as unique tokens on the blockchain.
- In-game assets: Digital items that can be used in the game, such as characters, weapons, and land.
- Collectibles: Rare digital items with collectible value, such as NBA Top Shot basketball cards or CryptoPunks avatars.
5. Metaverse:
- Virtual World: Interactive digital environment where users can participate in activities, socialize and conduct economic activities.
- Virtual Assets: Digital items used in virtual worlds, such as land, buildings, and clothing.
- Crypto Games: Blockchain-based video games that allow players to earn and trade digital assets.
The above is the detailed content of What is the currency circle project?. For more information, please follow other related articles on the PHP Chinese website!

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