Monero is slightly unusual as a token sale wasn’t held for XMR — and no tokens were premined either. At the time of writing, the circulating supply of XMR stands at 18,188,773.23. This cryptocurrency is designed to be resistant to application-specific integrated circuits, which are commonly used for mining new Bitcoin. In theory, this means that it can be possible to mine XMR using everyday computing equipment. Overall, there will eventually be a total of 18.4 million XMR in circulation — and this cap is expected to be reached on May 31, 2022. After this, miners will be incentivized using “tail emissions,” with a small amount of XMR being fed into the system every 60 seconds as a reward. It is believed this approach is more effective than relying on transaction fees.

There are several things that make Monero unique. One of the project’s biggest aims is achieving the greatest level of decentralization possible, meaning that a user doesn’t need to trust anyone else on the network. Privacy is achieved through a few distinctive features. Whereas each Bitcoin in circulation has its own serial number, meaning that cryptocurrency usage can be monitored, XMR is completely fungible. By default, details about senders, recipients and the amount of crypto being transferred are obscured — and Monero advocates says this offers an upper hand over rival privacy coins such as Zcash, which are “selectively transparent.” Obfuscation is achieved through the use of ring signatures. Here, past transaction outputs are picked from the blockchain and act as decoys, meaning that outside observers can’t tell who signed it. If Ian was sending 200 XMR to Susan, this amount could also be split into random chunks to add a further level of difficulty. To ensure that transactions cannot be linked to one another, stealth addresses are created for every single transaction that are only used once. All of these distinctive features have led to XMR being increasingly used for illicit transactions instead of Bitcoin — especially on darknet markets. Governments around the world, especially the U.S., have also offered hundreds of thousands of dollars to anyone who can crack Monero’s code.

The secrecy and anonymity offered by Monero are what most users find valuable. It gives people the freedom to conduct cryptocurrency transactions anytime they want for any purpose without being concerned about being watched by the government, hackers or other outside parties. XMR coins cannot be traced, thus they cannot be blacklisted by businesses for alleged illicit connections. Investors who think that demand for privacy will rise in the future, raising the price and total [market cap](https://coinmarketcap.com/alexandria/glossary/market-capitalization-market-cap-mcap) of XMR, may find value in Monero in addition to its use as a medium of exchange.

Users shouldn't view all privacy cryptocurrencies as interchangeable or equivalent services because they don't all achieve privacy in the same way. For instance, XMR should be considered a technology that, when used properly, obscures user data on the blockchain, making it harder to identify its users.

Seven developers were initially involved in creating Monero — five of whom decided to remain anonymous. There have been rumors that XMR was also invented by [Satoshi Nakamoto](https://coinmarketcap.com/alexandria/article/who-is-satoshi-nakamoto), the inventor of Bitcoin. XMR’s origins can be traced back to Bytecoin, a privacy-focused and decentralized cryptocurrency that was launched in 2012. Two years later, a member of the Bitcointalk forum — only known as thankful_for_today — forked BCN’s codebase, and Monero was born. They had suggested “controversial changes” to Bytecoin that others in the community disagreed with and decided to take matters into their own hands. It’s believed that hundreds of developers have contributed to XMR over the years.

Monero was launched in 2014, and its goal is simple: to allow transactions to take place privately and with anonymity. Even though it’s commonly thought that BTC can conceal a person’s identity, it’s often easy to trace payments back to their original source because blockchains are transparent. On the other hand, XMR is designed to obscure senders and recipients alike through the use of advanced cryptography. The team behind Monero say [privacy](https://coinmarketcap.com/alexandria/article/what-are-privacy-coins) and security are their biggest priorities, with ease of use and efficiency coming second. It aims to provide protection to all users — irrespective of how technologically competent they are. Overall, XMR aims to allow payments to be made quickly and inexpensively without fear of censorship.

FLOKI is available on [Huobi](https://coinmarketcap.com/exchanges/huobi-global/), [Gate.io](https://coinmarketcap.com/exchanges/gate-io/), [Bybit](https://coinmarketcap.com/exchanges/bybit/), [Uniswap (V2)](https://coinmarketcap.com/exchanges/uniswap-v2/), [BKEX](https://coinmarketcap.com/exchanges/bkex/) and [PancakeSwap (V2)](https://coinmarketcap.com/exchanges/pancakeswap-v2/). Cryptocurrency newbie? You can read more about how to enter the market and how to buy FLOKI or any other token in the CoinMarketCap education portal — [Alexandria](https://coinmarketcap.com/alexandria/).

Because of its extremely high supply, it’s unlikely that FLOKI will ever reach one cent. However, the token has been in a strong uptrend at the end of October 2021 and has been setting new all-time highs almost daily. Therefore, it is entirely realistic that FLOKI at least reaches 0.1 cents in the future.

FLOKI is both an [ERC-20](https://coinmarketcap.com/alexandria/glossary/erc-20) token on Ethereum and a [BEP-20](https://coinmarketcap.com/alexandria/glossary/bep-20) token on Binance Smart Chain. ERC-20 is a token standard most new tokens follow when publishing on the Ethereum blockchain. [Ethereum](https://coinmarketcap.com/currencies/ethereum/) is one of the most popular blockchains and the go-to solution for many decentralized applications. Its [proof-of-work](https://coinmarketcap.com/alexandria/glossary/proof-of-work-pow) consensus mechanism requires miners to mine new Ether and ensures that Ethereum is one of the safest blockchains in the crypto industry. A set of decentralized [nodes](https://coinmarketcap.com/alexandria/glossary/node) validates transactions and secures the Ethereum blockchain. BSC is secured through the [proof-of-stake](https://coinmarketcap.com/alexandria/glossary/proof-of-stake-pos) [consensus mechanism](https://coinmarketcap.com/alexandria/glossary/consensus-mechanism). 21 validators are elected every 24 hours to validate transactions and maintain blockchain security. These validators have to stake a certain amount of BNB coins with Binance to be eligible.

Floki has a total supply of 10 trillion FLOKI. According to BscScan and Etherscan, there are over 400,000 holders of FLOKI on Ethereum and BSC combined. Users can buy FLOKI on Uniswap and PancakeSwap, but each purchase incurs a 0.3% tax that will be used for the continued development of the Floki ecosystem.

Floki wants to set itself apart from other meme coins by combining the memes with utility. The team’s long-term vision is to create an autonomous and decentralized ecosystem, including strategic partnerships, building utility on the token itself, and developing use cases for the Floki brand through [NFTs](https://coinmarketcap.com/alexandria/glossary/non-fungible-token), games and [decentralized finance](https://coinmarketcap.com/alexandria/glossary/defi) features. Its main flagship product is the NFT gaming metaverse called Valhalla. Floki Inu envisions it to be a [play-to-earn](https://coinmarketcap.com/alexandria/glossary/play-to-earn-play2earn) gaming metaverse, where you can earn rewards for battling and trade or hold on to assets obtained in the metaverse. The team plans to take successful elements from games like Pokémon and Skyrim and incorporate them in Valhalla. Players will be able to capture and battle with creatures called Vera, and the game will also have a gardening system where players can tend to their crops, which can later be sold as NFTs. With Valhalla, Floki Inu tries to follow the path forged by games like Axie Infinity ([AXS](https://coinmarketcap.com/currencies/axie-infinity/)) that popularized playing and earning on the blockchain through games.

Floki is a decentralized community run project. It was initially launched by an anonymous dev who abandoned the project shortly after it launched. The community rallied, took over, and relaunched the project -- making it a globally recognized crypto brand with 400,000+ holders in its first year. Floki has a core team representing the interests of its community. The core team consists of pseudonymous personalities [B](https://twitter.com/100bviking), [Sabre](https://twitter.com/SabreEthereum), and [MrBrown Whale](https://twitter.com/mrbrownwhale/). The project’s lead developer is [Jackie Xu](https://twitter.com/MrXuj), who, according to Floki, is a “well-respected and doxxed figure in the industry with over a decade of blockchain experience.” The team announced that Valhalla, the NFT gaming metaverse, was being developed by a team of 20 people with over 50 years of combined team experience. Key decisions affecting Floki as a project are also made through a DAO vote where people vote with their FLOKI tokens.

[Floki (FLOKI)](https://coinmarketcap.com/currencies/floki-inu/) is the people's cryptocurrency and the utility token of the Floki Ecosystem. It is a cryptocurrency birthed by fans and members of the Shiba Inu ([SHIB](https://coinmarketcap.com/currencies/shiba-inu/)) community and is inspired by (and named after) Elon Musk’s Shiba Inu. Musk is a prominent fan of [Dogecoin](https://coinmarketcap.com/currencies/dogecoin/), although he publicly denied owning any SHIB. Floki Inu is working on “four flagship utility projects:” * An NFT gaming metaverse called Valhalla * A suite of decentralized finance products launched under the "FlokiFi" umbrella. * An NFT and merchandise marketplace called FlokiPlaces * A content and education platform called University of Floki The community calls itself the “Floki Vikings” in honor of Floki (Musk’s dog) that was named after a Viking character. Floki vows to take its community efforts seriously and has been listed several times in the Top 10 of LunarCrush’s social engagement leaderboards. Floki has also partnered with leading crypto projects that include [Chainlink](https://coinmarketcap.com/currencies/chainlink/), [Trader Joe](https://coinmarketcap.com/currencies/joe/), [ApeSwap](https://coinmarketcap.com/currencies/apeswap-finance/) for its FlokiFi Locker digital asset locker protocol. Floki is also sometimes referred to by some as "Floki Inu".

Sei is the first sector-specific Layer 1 blockchain, specialized for trading to give exchanges an unfair advantage. Decentralized exchanges (DEXes) are the killer app of crypto. They are everywhere, spanning much further than just AMMs and orderbooks. DEXes are just as prevalent across NFTs and gaming as well. One of the primary use cases of NFTs today is trading them on an NFT marketplace, another example of an exchange. Most games in crypto have built-in exchanges for users to trade the in-game NFTs and tokens. DEXes command the largest network effect, major ecosystems get built around them. Ironically, decentralized exchanges are also the most underserved application in crypto. They demand a unique level of requirements for reliability, scalability, and speed that no other apps need. If a large exchange goes down for a few moments it’s catastrophic, but the same downtime is far more tolerable for most other application types. Historically, DEXes have succeeded in spite of the drawbacks of existing Layer 1 blockchains.

Algorand can be bought on the following exchanges: [Coinbase](https://coinmarketcap.com/exchanges/coinbase-pro/) [Binance](https://coinmarketcap.com/exchanges/binance/) [OKEx](https://coinmarketcap.com/exchanges/okex/) [Kraken](https://coinmarketcap.com/exchanges/kraken/) [Huobi](https://coinmarketcap.com/exchanges/huobi-global/) To check Algorand price live in the fiat currency of your choice, you can use CoinMarketCap’s converter feature directly on the [Algorand price page](https://coinmarketcap.com/currencies/algorand/). Alternatively, use the dedicated exchange rate [converter page](https://coinmarketcap.com/converter/). Popular Algorand price pairs include: [ALGO/USD](https://coinmarketcap.com/converter/algo/usd/), [ALGO/GBP](https://coinmarketcap.com/converter/algo/gbp/), [ALGO/AUD](https://coinmarketcap.com/converter/algo/aud/) and [ALGO/EUR](https://coinmarketcap.com/converter/algo/eur/).

The Algorand blockchain is a permissionless pure [proof-of-stake](https://coinmarketcap.com/alexandria/article/proof-of-work-vs-proof-of-stake) blockchain protocol. Unlike [proof-of-work](https://coinmarketcap.com/alexandria/glossary/proof-of-work-pow) (PoW) blockchains, where the root block must be validated by randomly-selected validators (using computing power), in the pure proof-of-stake approach all of the validators are known to one another and only have to agree on the next block in order to create a new block.

The genesis of the Algorand blockchain states that 10 billion ALGO was minted. The distribution of the fixed and immutable 10 billion ALGO will end in 2030, rather than the initial plan of 2024. For more information about Algorand’s tokenomics, see [here](https://algorand.foundation/the-algo/algo-dynamics).

Algorand was invented to speed up transactions and improve efficiency, in response to the slow transaction times of Bitcoin and other blockchains. Algorand is designed so that there are lower [transaction fees](https://coinmarketcap.com/alexandria/glossary/transaction-fee), as well as no mining (like [Bitcoin's](https://coinmarketcap.com/currencies/bitcoin/) energy-intensive process), as it is based on a permissionless pure [proof-of-stake](https://coinmarketcap.com/alexandria/glossary/proof-of-stake-pos) (PoS) blockchain protocol.

Silvio Micali is a professor of computer science at the Massachusetts Institute of Technology, and the founder of Algorand. He is a recipient of the Turing Award (in 2012) for his fundamental contributions to the theory and practice of secure two-party computation, electronic cash, cryptocurrencies and blockchain protocols. This makes him one of the foremost creators of crypto in the world.

Algorand is a self-sustaining, [decentralized](https://coinmarketcap.com/alexandria/glossary/decentralized), [blockchain](https://coinmarketcap.com/alexandria/glossary/blockchain)-based network that supports a wide range of applications. These systems are secure, scalable and efficient, all critical properties for effective applications in the real world. Algorand will support computations that require reliable performance guarantees to create new forms of trust. The Algorand [mainnet](https://coinmarketcap.com/alexandria/glossary/mainnet) became live in June 2019, and was able to handle almost 1 million transactions per day as of December 2020. Algorand transaction metrics can be viewed [here](https://metrics.algorand.org/). Algorand [initial coin offering](https://coinmarketcap.com/alexandria/glossary/initial-coin-offering-ico) (ICO) was held in June 2019, with the Algorand price of $2.4 per token.

What is the Flow blockchain? Flow is a proof of stake blockchain designed to be the foundation of Web3 and the open metaverse, supporting consumer-scale decentralized applications, NFTs, DeFi, DAOs, PFP projects, and more. Powered by Cadence, an original programming language built specifically for digital assets, Flow empowers developers to innovate and push the limits that will bring the next billion to Web3. Created by a team that has consistently delivered industry-leading consumer-scale experiences including CryptoKitties, NBA Top Shot, and NFL ALL DAY, Flow is an open, decentralized platform with a thriving ecosystem of creators from top brands, development studios, venture-backed startups, crypto leaders, and more.

GALA is listed on many exchanges, including Coinbase, Binance and UniSwap.

GALA is an ERC-20 token built on the Ethereum blockchain with the following contract address: 0x15d4c048f83bd7e37d49ea4c83a07267ec4203da [Etherscan Link](https://etherscan.io/token/0x15D4c048F83bd7e37d49eA4C83a07267Ec4203dA) The GALA contract has been audited by leading third-party blockchain security experts at Anchain.AI. Complete results of this audit are publicly available through [THIS LINK](https://blog.gala.games/smart-contract-audit-report-gala-ac170c4562f9).

The maximum total supply will be approximately 50 billion GALA. Each day, 50% of GALA emission is distributed to Founder’s Node operators, and 50% is distributed to the Gala Games conservatorship, where it is reserved for future ecosystem growth and/or project funding. When GALA is spent on NFTs in the Gala Games store, 100% of that GALA is burned. Then, an equal amount of GALA is added to the lifetime distribution pool to eventually be recirculated as described above. Total daily emission of GALA is halved each year on July 21st, according to the following schedule: From 7/21/21 to 7/21/22 - 17,123,286 GALA per day From 7/21/22 to 7/21/23 - 8,561,643 GALA per day From 7/21/23 to 7/21/24 - 4,280,822 GALA per day …continuing in this pattern More about GALA tokenomics can be found [here](https://support.gala.games/posts/4612514-gala-tokenomics).

Centuries of combined experience from some of the greatest game devs makes Gala Games truly unique in both the Web3 and gaming worlds. They are committed to a “games-first” approach, always reaching for the greatest possible gaming experience above all else. The team at Gala Games is passionate about gaming. They are taking the most cutting edge aspects of Web3 tech, and using them to give gamers freedom like they have never seen: Freedom to own, freedom to earn, and freedom to play. Gala Games also aims to simplify the onboarding process for gamers entering the Web3 world, allowing users to begin making blockchain transactions by simply connecting an existing Coinbase or MetaMask wallet. Additionally, many Gala Games items can be purchased directly with credit cards. Gala Games works closely with OpenSea to facilitate its official NFT collections, which can all be found on [this collection page](https://opensea.io/category/galagames). Because every Gala account has a corresponding Ethereum wallet, players are able to easily trade their items peer-to-peer on OpenSea. The Gala Games team is very accessible in the [Discord community](https://galagames.chat/), where players and community members are truly listened to. This open dialogue community approach has been one of the greatest secrets to Gala’s success. In early 2022, Gala Games expanded its mission to encompass all of Web3 entertainment, launching both Gala Music and Gala Film. Additionally, Gala’s generative NFT avatar project, [VOX](https://collectvox.com/), has dropped 4 successful series, including collaborations with Dreamworks’ Trolls and AMC’s The Walking Dead. An ambitious and gamified metaverse home for all VOX is currently being developed by Will Wright, creator of The Sims. Gala users collect in-game NFTs from different games on the platform. They can either use them in-game for various benefits, boosts and reward opportunities, or trade them as they please on the secondary market. This ability to own and trade in-game items allows players to shop and play with less commitment, giving them the freedom to play more games. While Gala often develops its own games (Town Star, Mirandus, Last Expedition, The Walking Dead: Empires), the company also works with award-winning external gaming studios. A list of currently playable or in-development Gala Games can be found [on this page](https://games.gala.com/games). In late 2022, Gala Games unveiled its own “games-first” layer-1 blockchain solution (currently called Project GYRI). Assets on Gala’s blockchain are fully bridgeable to and from the Ethereum blockchain, and GALA acts as the gas token for all transactions. When GALA is collected as transactional fees, a portion is burned, and a portion is distributed to Founder’s Node operators as an additional reward. Throughout 2023 and beyond, Gala has many announcements and releases planned as the Gala Games platform takes shape as the world leader of Web3 gaming.

Gala Games was founded in 2019 by Eric Schiermeyer, Co-founder of Zynga, along with like-minded experts from gaming, crypto pioneers and blockchain developers. Success in mobile gaming with titles like Zynga Poker, Farmville and Mafia Wars set the stage for a huge leap toward player empowerment. Including the teams at [Gala Music](https://music.gala.com/) and [Gala Film](https://film.gala.com/), as of early 2023 there are approximately 400 people around the world working for the fully remote US-based company.

GALA is the core utility token for Gala Games. It is the main token with which NFT items can be purchased, it is the reward received by [Founder’s Node](https://support.gala.games/posts/4612477-founder-s-node) operators for operating their Nodes, and it is the Gas token used to cover network fees on Gala’s blockchain. Each day, 50% of GALA emission is distributed to Founder’s Node operators, and 50% is distributed to the Gala Games conservatorship, where it is reserved for future ecosystem growth and/or project funding. Total daily emission of GALA is halved each year on July 21st, according to the following schedule: From 7/21/21 to 7/21/22 - 17,123,286 GALA per day From 7/21/22 to 7/21/23 - 8,561,643 GALA per day From 7/21/23 to 7/21/24 - 4,280,822 GALA per day More about GALA tokenomics can be found [in this support article](https://support.gala.games/posts/4612514-gala-tokenomics).

[Gala Games](https://gala.games/) was created by industry-leading game developers who came together to bring value back to the players with the help of Web3 and blockchain tech. Its founders saw major problems with the way today’s leading game publishers demand that players continually spend to keep enjoying a game they love. Scrapping the old model, Gala is creating a huge platform with AAA-level games (many free to play) designed to give players more freedom, control, and rewards than ever. With dozens of Web3 games (including many well-known IPs) in various stages of development or already released, Gala Games is poised to become a Web3 gaming ecosystem large enough to compete with mainstream platforms.