#CryptoListingFestival Day 4 | Balancer (BAL), Cocos-BCS (COCOS) & Fetch.ai (FET)

INTRODUCTION

With the year 2022 coming to an end, CoinDCX has come up with an exciting week full of surprises! Starting from December 9, 2022, to December 15, 2022, we will be listing 3 new tokens every day! A total of 21 tokens will be going live on your beloved CoinDCX App starting this week!

Here are the 3 tokens we are listing today!

Token Name	Balancer	Cocos-BCX	Fetch.ai
Launch Date	March 2020	January 2018	2018
Founder	Fernando Martinelli	Haozhi Chen	Humayun Sheik, Toby Simpson, and Thomas Hain
Blockchain Protocol	Ethereum	Ethereum/Binance Smart Chain	Ethereum
Native Token	BAL	COCOS	FET
Market Cap	$266 million	$40.7 million	$56.2 million
Token Type	Governance token	Governance token	Utility token
Circulating Supply	45.8 million BAL	66.8 million COCOS	746 million FET
Max Supply	96.1 million BAL	100 million COCOS	1.15 billion FET
Consensus Method	Proof-of-Stake	Delegated Proof-of-Stake	Tendermint Proof-of-Stake

Balancer is a project that was built on the Ethereum blockchain – and works as an automated market maker (AMM). Launched back in March 2020, it was even able to raise a $3 million seed round by Placeholder and Accomplice. It is uniquely built in such a way that it is able to function as a self-balancing weighted portfolio, price sensor and liquidity provider. The purpose behind its own crypto token, BAL, is essentially to be able to earn profits by contributing to customizable liquidity pools.

Balancer native crypto token, BAL also doubles as a governance token to take decisions, bring in new features ranging from issuance rewards and whitelisted pools for liquidity. Another major feature this AMM provides is that when users place a trade, their orders are filled across multiple pools which results in better pricing and lower slippage.

Read more: Crypto Listing Festival Day 3

UNIQUE FEATURES OF BAL:

Cocos-BCX (COCOS) is a blockchain based gaming platform where BCX stands for BlockChain Expedition. This platform was built with the idea to create a game development environment for game creators using their unique game engine, environment and the underlying blockchain technology. It claims to be a platform that is dedicated to build the ‘next generation of the digital game economy’.

COCOS is the native crypto asset of the Cocos-BCX blockchain network and it is used primarily to pay for transaction and gas fees. But it can also be used for participating in the governance mechanism and its underlying blockchain governance.

UNIQUE FEATURES OF COCOS:

• Cocos-BCX is a first of its kind sandbox ecosystem for blockchain based game creators.
• This is a platform that wants to create an ecosystem of a user-friendly platform for blockchain game development for these creators and game developers.
• It has the functionality to enable creators to build games without the need to actually learn blockchain programming languages.
• This platform runs on both Ethereum and Binance Smart Chain (BSC) and hence the native token COCOS exists as a ERC-20 and a BEP-20 token.

FETCH.AI

As the name suggests, Fetch.ai is a artificial intelligence (AI) and machine learning (ML) platform that runs on a blockchain network. This project was built with the objective of providing AI platforms and services that allows anybody to build and deploy AI at scale and from any location.

This platform is based on a blockchain layer and hence it aims to be a decentralized digital model of the actual world in which autonomous software agents conduct productive economic activities. So in simpler terms, Fetch.ai is a blockchain based platform that aims to connect devices and enable the creation of markets to add value to data.

The project’s native crypto token, FET is used for three mains things – staking, value exchange between agents and also providing access to AI/ML ecosystem.

UNIQUE FEATURES OF FET:

• Fetch-ai Network is a Cambridge-based artificial intelligence lab building that is working towards creating a open-access decentralized blockchain based framework to deliver autonomous agent-based digital economy.
• The project’s native token, FET is used for staking and as a mechanism for returning value to network participants.
• FET works in the data industry – where in mass data is collected and then processed using machine learning and artificial intelligence to make better decisions.

CONCLUSION

The CoinDCX Listing Festival went live on 9 December but don’t be disheartened! You’ve still got time to participate in this and win token rewards! The #CoinDCXListingFestival will continue till IST 11.59 PM on 15th December 2022.

Follow our official Twitter & Instagram channels closely to find and participate in our activities, every day, and win the rewards by simply following the rules of the Contest – Like, Retweet, Comment using #CoinDCXListingFestival and tag two friends on the Contest posts mentioned on our page.

50 Winners will stand a  chance to win token rewards worth INR 700 each!

For more details, click here.