Altcoin Analysis

Decentraland, in simple terms

Decentraland is a virtual world built on Ethereum where you can explore, create, and own things, with everything running on blockchain technology.

It's basically a huge open-world game, like Minecraft.

This means that the virtual land, items, and assets in Decentral...

Chainlink, in simple terms

I think the coming cycle will be the one where we see actual real-world applications of blockchain-based solutions.

Sure, we've seen some adoption, but only a fraction of what's possible.

With the ETF approval signalling acceptance of Bitcoin and crypto in general, I t...

Blast, in simple terms

• Launch: Blast launched in November 2023.
• Innovation: Features native yield generation on ETH and stablecoins.
• Growth Milestones:
  • Hosted over 200 decentralized apps (dapps) in six months.
  • Secured $2 billion in total value locked (TVL) within dapps.
  • Attracted 1.5 milli...

Polygon, in simple terms

Polygon is a Layer 2 solution that aims to create "Ethereum's internet of blockchains".

Its main focus is scaling the Ethereum network, mainly by improving:

• Transaction speeds
• Lowering fees
• Developer experience

We'll discuss how it aims to solve these problems, bu...

Toncoin, in simple terms:

Toncoin is a cryptocurrency developed to power "The Open Network" (TON), which was initially conceptualized by the encrypted messaging app Telegram, but later became a standalone community-led project.

Being a Layer 1 project, Toncoin is competing with Ethereum, Solana, B...

Ethereum, in simple terms

Ethereum is what we call "a layer one solution" (L1), meaning that it is an independent blockchain with its own validation mechanism. 

What is important, is that you can build stuff on it. 

Just like websites...

Akash Network, in simple terms

Akash Network (AKT) is an open-source cloud computing marketplace. 

It leverages blockchain technology to provide a decentralized alternative to traditional cloud service providers like Amazon Web Services (AWS), Google Cloud, and Microsoft Azure.

They call themself...

Filecoin, in simple terms

Filecoin is a digital storage network that functions like a marketplace for data storage and retrieval. Here’s a simple breakdown of how it works:

• Decentralized Storage: Anyone with extra storage space on their computer can become a storage provider on the Filecoin netw...

Render, in simple terms:

Render is essentially an open marketplace for GPU (Graphics Processing Unit) power.

It connects individuals or companies needing graphics rendering services with those who have idle computer processing power to offer.

How it works:

• Service Users: These are individuals ...

Aave, in simple terms

Aave is a decentralized finance protocol. 

Its main function is to let users lend, borrow, and earn interest in crypto assets, all without a centralized authority.

Like most DeFi applications, Aave started running natively on the Ethereum blockchain, where its operations are...