Launched in 2011 by Pixowl, The Sandbox is a [blockchain](https://coinmarketcap.com/alexandria/glossary/blockchain)-based virtual world allowing users to create, build, buy and sell digital assets in the form of a game. By combining the powers of decentralized autonomous organizations (DAO) and [non-fungible tokens](https://coinmarketcap.com/alexandria/article/how-to-protect-your-nfts) ([NFTs](https://coinmarketcap.com/alexandria/glossary/non-fungible-token)), the Sandbox creates a decentralized platform for a thriving gaming community. According to the [official whitepaper](https://installers.sandbox.game/The_Sandbox_Whitepaper_2020.pdf), the Sandbox platform’s main mission is to introduce blockchain technology in mainstream gaming successfully. The platform focuses on facilitating a creative “play-to-earn” model, which allows users to be both creators and gamers simultaneously. The Sandbox employs the powers of blockchain technology by introducing the SAND utility token, which facilitates transactions on the platform.

BTT is tradable for cryptocurrencies, stablecoins and even fiat currencies on major exchanges. [Binance](https://coinmarketcap.com/exchanges/binance/), [Huobi Global](https://coinmarketcap.com/exchanges/huobi-global/) and [OKEx](https://coinmarketcap.com/exchanges/okex/) are among the offerings. To find out more about how to buy [Bitcoin](https://coinmarketcap.com/currencies/bitcoin/) (BTC) or any other cryptocurrency, read CoinMarketCap’s [easy guide](https://coinmarketcap.com/how-to-buy-bitcoin/).

BitTorrent says that it employs “the highest level of security measures” in order to secure user funds, but advises that cryptocurrency involves inherent risk. The company recommends that users protect themselves against theft, in the form of malware or similar programs, by using options such as biometric verification.

BTT is BitTorrent’s native cryptocurrency, issued on TRON’s blockchain as a TRC-10 standard token. The total supply, as stated in its whitepaper, is 990,000,000,000 BTT. 6% of that total was available in a public token sale, 2% in a private token sale and 9% in a seed sale. Another 20.1% are reserved for airdrops, which are set to occur at various points until 2025. The BitTorrent team and umbrella organization, the BitTorrent Foundation, were awarded 19% of the supply. The TRON foundation holds 20%, with 19.9% going to the BitTorrent ecosystem itself. A final 4% of tokens are reserved for partnership activities. BTT plays various roles in BitTorrent’s products, including allowing users to pay others for faster downloads with BitTorrent Speed.

BitTorrent’s original goal was to disrupt the legacy entertainment industry and how consumers obtain content. Expensive and inefficient distribution networks were the main target, with original developer Bram Cohen seeing benefits in allowing internet users to distribute content among themselves directly. In the early 2000s, BitTorrent became the go-to P2P file sharing platform, with TRON stepping in 2018. Under TRON, BitTorrent has expanded its user appeal to those interested in decentralized solutions and cryptocurrency, as well as to its own user base. Among the added features are BitTorrent Speed, which uses the BTT token as part of its operations. BitTorrent has also branched out into paid services, offering several “premium” versions of its platform which include VPN capabilities and ad-free browsing.

The original BitTorrent is the brainchild of Bram Cohen, a developer and entrepreneur who himself has since become well known in the cryptocurrency arena. Cohen has explained that he designed BitTorrent to usurp the dated entertainment industry, which made obtaining material slow and expensive. The platform has seen multiple legal battles, with Cohen maintaining that it does not break copyright laws in allowing users to share files such as music and movies among themselves. In 2018, TRON completed its acquisition of BitTorrent, bringing BitTorrent under the control of Justin Sun. Sun is notorious for his plugging of both TRON as a cryptocurrency and its blockchain technology, bidding $4.5 million at a charity auction to have lunch with Warren Buffett (well-known anti-crypto figure) and discuss cryptocurrency with him. TRON is also behind the addition of cryptocurrency to BitTorrent, as the BTT token was released on TRON’s blockchain. The move formed part of TRON’s efforts to add further decentralized features to the platform.

BitTorrent is a popular peer-to-peer ([P2P](https://coinmarketcap.com/alexandria/glossary/peer-to-peer-p2p)) file sharing and torrent platform which has become increasingly decentralized in recent years. Originally released in July 2001, BitTorrent was purchased by [blockchain](https://coinmarketcap.com/alexandria/glossary/blockchain) platform [TRON](https://coinmarketcap.com/currencies/tron/) in July 2018. Since its acquisition, BitTorrent has added various new tools, with a dedicated native cryptocurrency token, BTT, released in February 2019. BTT was launched on TRON’s own blockchain, using its TRC-10 standard. According to its official literature, BitTorrent is currently the “largest decentralized P2P communications protocol” in the world.

As of October 2021, Axie Infinity (AXS) is available to trade on numerous exchange platforms, including top exchanges like: [Binance](https://coinmarketcap.com/exchanges/binance/), [Huobi Global](https://coinmarketcap.com/exchanges/huobi-global/), [Coinbase](https://coinmarketcap.com/exchanges/coinbase-exchange/), [Bithumb](https://coinmarketcap.com/exchanges/bithumb/), [KuCoin](https://coinmarketcap.com/exchanges/kucoin/), [Gate.io](https://coinmarketcap.com/exchanges/gate-io/) and [Kraken](https://coinmarketcap.com/exchanges/kraken/). The link between Axie Infinity Smooth Love Potion has lead to numerous trading pairs being offered, including[ SLP to ETH](https://coinmarketcap.com/currencies/smooth-love-potion/slp/eth/) and[ SLP to BNB](https://coinmarketcap.com/currencies/smooth-love-potion/slp/bnb/). However there is substantial interest in the Philippines for the [SLP to PHP](https://coinmarketcap.com/currencies/smooth-love-potion/slp/php/) price, in Australia for the [SLP to AUD](https://coinmarketcap.com/currencies/smooth-love-potion/slp/aud/) and Europe for the [SLP to EUR prices](https://coinmarketcap.com/currencies/smooth-love-potion/slp/eur/). It is listed with numerous Axie Infinity price pairs, including popular ones like: AXS/USDT, AXS/BTC, AXS/BUSD and AXS/BNB. As the game has risen in popularity, interest in the [AXS to PHP](https://coinmarketcap.com/currencies/axie-infinity/axs/php/), [AXS to AUD](https://coinmarketcap.com/currencies/axie-infinity/axs/aud/) and [AXS to EUR](https://coinmarketcap.com/currencies/axie-infinity/axs/eur/).

The Axie Infinity (AXS) token is an [ERC-20](https://coinmarketcap.com/alexandria/glossary/erc-20) token launched on the [Ethereum](https://coinmarketcap.com/currencies/ethereum/) blockchain. As a result, it is secured by Ethereum’s [proof-of-work](https://coinmarketcap.com/alexandria/article/proof-of-work-vs-proof-of-stake) (POW) consensus mechanism. In early 2021, Axie Infinity plans to migrate its [NFT tokens](https://coinmarketcap.com/alexandria/article/how-to-mint-an-nft), including Axies, Land and other in-game item tokens from the Loom Network to a custom-built [sidechain](https://coinmarketcap.com/alexandria/glossary/side-chain) on Ethereum known as Ronin. Ronin is an application-specific sidechain built just for Axie Infinity. It is being developed by Sky Mavis — the development firm behind the Axie Infinity game, and is designed to support almost instant transaction confirmations, reduced gas fees and be capable of helping Axie Infinity scale.

he native ecosystem token, Axie Infinity Shard (AXS), was launched in November 2020. AXS is the central mechanism for running the Axie Infinity game. Players can buy, trade and earn tokens simply by playing it. In addition, the best players of the season receive rewards in AXS. Moreover, AXS serves as a governance token that allows holders to vote on gameplay changes and influence the evolution of the platform. Axie Infinity (AXS) tokens have a total supply of 270 million tokens. Out of this, around 53.5 million tokens were in circulation as of mid-November 2020. In total, 11% of the total supply was allocated to participants in the [Binance Launchpad](https://www.binance.com/en/support/announcement/1c097191f01345b090018ffcd30e445c) [IEO](https://coinmarketcap.com/alexandria/glossary/initial-exchange-offering) sale (each Axie Infinity token price was $0.10) and 4% was sold in a private sale. In addition to this, 29% is allocated for staking rewards, 20% to the [play-to-earn](https://coinmarketcap.com/alexandria/glossary/play-to-earn-play2earn) pool, 21% to the team, 7% to advisors and 8% to the ecosystem fund. Based on the current release schedule, as indicated by [Binance Research](https://research.binance.com/en/projects/axie-infinity), 100% of AXS tokens will be circulating by early 2026.

The gameplay of Axie Infinity is focused on fighting & breeding Axies. It consists of the following steps: buying Axies, participating in battles with other players, breeding Axies, and selling them on the marketplace. Players need to have an Axie to join the battle and select Adventure Mode (PvE) or Arena Mode (PvP). Axies can be bred, but each Axie cannot be bred more than 7 times. Lunacia is the homeland of digital creatures. It is divided into tokenized parts where players can search for resources and upgrade their plots. On the marketplace, players can trade their Axies and land plots. A key feature of Axie Infinity is community engagement, where each member contributes, participates in governance, and generates content. The developers have also introduced a number of mechanics that distinguish Axie Infinity from its analogs. For instance, built-in population control. Furthermore, a wide range of Axies due to various combinations of attributes builds additional demand among gamers and collectors of rare NFTs. To solve the scalability problem, Axie Infinity created its sidechain on Ethereum called Ronin Network. It ensures instant transactions not involving the Ethereum blockchain. Users can safely store AXS and collectible NFTs in Ethereum and Ronin wallets, and send tokens from Ethereum wallet to Ronin wallet via Ronin Bridge.

Each Axie possesses six out of the hundreds of different potential body parts — each of which has its own battle move. This produces essentially endless variety among Axies, with most Axies having relatively weak statistics, while those with the strongest combination of body parts can have incredible stats. Unlike some other blockchain-based battling and breeding games, each Axie can only be bred a total of seven times to help control the population of Axies. Axie Infinity has its own mating hub to help players find a suitable match to breed their Axie with to stand the best chance at producing a rare or powerful offspring. It costs 0.005 ETH in addition to Small Love Potion (SLP) tokens to breed Axies. AXS token holders will soon be able to [stake](https://coinmarketcap.com/alexandria/glossary/staking) their tokens to receive regular rewards. But unlike some other stakeable assets, AXS holders will also need to vote and play to claim their rewards.

Axie Infinity was created in 2018 by Sky Mavis — a technology-focused game developer with a team primarily based in Vietnam. It was co-founded by Trung Nguyen and Aleksander Larsen. Trung Nguyen is the current CEO of the platform. Nguyen graduated with a BS in computer software engineering, and worked as a software engineer at Anduin Transactions prior to founding Axie Infinity. Former competitive gamer Aleksander Larsen is also credited as a co-founder and COO of the platform. Larsen has been working in [blockchain](https://coinmarketcap.com/alexandria/glossary/blockchain) gaming since 2017. He previously worked as the executive security officer for the Norwegian Government Security Organization and still sits as Secretary of the Board of Directors at the Blockchain Game Alliance. In total, the Axie Infinity team consists of 25 full-time employees — many of whom have experience with game development.

Axie Infinity is a blockchain-based trading and battling game that is partially owned and operated by its players. To learn more about this project, check out our [deep dive of Axie Infinity](https://coinmarketcap.com/alexandria/article/what-is-axie-infinity). Inspired by popular games like Pokémon and Tamagotchi, Axie Infinity allows players to collect, breed, raise, battle and trade token-based creatures known as Axies. These Axies can take various forms, and there are more than 500 different body parts available, including aquatic, beast, bird, bug, plant and reptile parts. Parts from each type class come in four different rarity scales: common, rare, ultra rare and legendary — and Axies can have any combination of body parts, making them highly variable and often rare and unique. Each Axie is a [non-fungible token](https://coinmarketcap.com/alexandria/glossary/non-fungible-token) (NFT) with different attributes and strengths and can be entered into 3v3 battles, with the winning team earning more experience (exp) points that are used to level up an Axie's stats or evolve their body parts. These Axies can be bred together to produce new and unique offspring, which can be used or sold on the Axie marketplace. The Axie Infinity ecosystem also has its own unique [governance token](https://coinmarketcap.com/alexandria/glossary/governance-token), known as Axie Infinity Shards (AXS). These are used to participate in key governance votes and will give holders a say in how funds in the Axie Community Treasury are spent.

Bitget Token (BGB) can be purchased directly on the [Bitget](https://coinmarketcap.com/exchanges/bitget/) exchange. BGB is also available for trading on [Bitfinex](https://coinmarketcap.com/exchanges/bitfinex/). Download the CMC [mobile app](https://coinmarketcap.com/mobile/) to track prices of BGB in real-time.

Bitget Token (BGB) is built on top of [Ethereum](https://coinmarketcap.com/currencies/ethereum/)’s blockchain according to the [ERC-20](https://coinmarketcap.com/alexandria/glossary/erc-20) compatibility standard, which means it relies on a Proof-of-Stake ([PoS](https://coinmarketcap.com/alexandria/glossary/proof-of-stake-pos)) consensus mechanism. BGB tokens can be securely stored on any wallet which supports Ethereum (ETH). Moreover, the exchange has received MSB licenses in the U.S. and Canada. The platform is [KYC](https://coinmarketcap.com/alexandria/glossary/kyc)-compliant, Bitget requires identity verification to gain access to financial activities.

The current circulating supply of Bitget Token is 1.4 billion BGB with the maximum amount of 2 billion BGB. The distribution of BGB tokens is as follows: exchange for BFT (Bitget DeFi Token) - 25%; Team Incentives - 20%; Branding (KOL) - 15%; Referrals - 15%; BGB ecosystem - 15%; Investor Protection Fund - 10%

In September 2022, the platform became the third-largest derivatives exchange in the world. According to Bitget, BGB provides low transaction costs as it uses a decentralized blockchain network with no middlemen. BGB token is highly scalable, according to the website. As the Bitget platform grows, developers ensure that it can manage high transaction volumes without getting congested. BGB also offers discounted trading fees of up to 20% off, and access to exclusive rewards and promotions to users of Bitget. With BGB, users can profit share using the Bitget flagship product, Copy Trade. Furthermore, holders of BGB can gain early access to projects on the launchpad, or stake and obtain tokens from the launchpool.

Bitget Token (BGB) is the exchange token of Bitget, a centralized cryptocurrency exchange ([CEX](https://coinmarketcap.com/alexandria/glossary/centralized-exchange-cex)). The social trading platform was founded in 2018, and registered in the Seychelles. Bitget is a fast-growing derivatives exchange platform with over 8 million registered users in more than 100 countries. Sandra Lou is the CEO and founding member of Bitget. Lou has nearly 10 years of experience in the traditional financial industry. In 2016, she was introduced to Bitcoin, gained interest in blockchain technology and investing within the crypto industry. In 2017, she joined the founding team of Bitget.

Bitget Token (BGB) is the native [utility token](https://coinmarketcap.com/alexandria/glossary/utility-token) of [Bitget](https://coinmarketcap.com/exchanges/bitget/), a crypto [centralized exchange](https://coinmarketcap.com/alexandria/glossary/centralized-exchange-cex) (CEX). The updated BGB token was launched in July 2021 with the aim of providing platform users with a form of payment within the ecosystem. The utility token of Bitget can be used by traders for staking, social trading, profit sharing or receiving discounts on trading fees. BGB holders can also participate in the launchpad and launchpool.

XTZ, otherwise known as “tez” for short, can be purchased from most major exchanges — including Binance, Coinbase and others. Trading pairs unite XTZ with fiat currencies, as well as other cryptocurrencies such as Bitcoin.[ If you’re looking to convert fiat into Bitcoin, you can read a comprehensive guide here.](https://coinmarketcap.com/how-to-buy-bitcoin/)

Like other blockchains, Tezos uses a [proof-of-stake](https://coinmarketcap.com/alexandria/article/proof-of-work-vs-proof-of-stake) consensus mechanism. Anyone can become a validator and contribute to the smooth running of the network by making a security deposit. To incentivize honest behavior, rewards are given to those who work in the best interests of the blockchain — and those who act dishonestly risk losing their stake altogether.

Our data shows that 743,862,304 XTZ are in circulation at the time of writing. A token sale for Tezos was held back in July 2017 — and during this ICO, a total of 65,681 BTC and 361,122 ETH was raised. At the time, this was worth $232 million, securing its place as one of the largest initial coin offerings ever held. While 80% of this initial supply went to investors, 20% was split equally between the Tezos Foundation and Dynamic Ledger Solutions. The mainnet’s launch was delayed by a series of lawsuits from some disgruntled investors, who argued that XTZ amounted to unregistered securities.

Although staking is common across blockchains, Tezos has a unique twist on this process. Participants can get involved with the network’s governance through “baking,” where they effectively stake 8,000 XTZ. This creates a financial incentive to act honestly. Bakers are then tasked with voting on proposed changes to the blockchain’s code in a four-step procedure that takes approximately 23 days. Proposals that receive support from the vast majority of participants are put through their paces on a testnet for 48 hours and are fully implemented if they are backed by a super-majority. Tezos is also unique because of how it has started to be used by high-profile businesses. In September 2020, it was announced that the French banking giant Societe Generale planned to use this blockchain for experimenting with a central bank digital currency. Big cryptocurrency exchanges such as Binance and Coinbase have also unveiled support for Tezos staking, meaning users can receive rewards based on the XTZ that they hold. This is not a feature that’s seen too widely across digital assets.

Arthur Breitman was the man who wrote the Tezos white paper — and in a nod to [Satoshi Nakamoto](https://coinmarketcap.com/alexandria/article/who-is-satoshi-nakamoto), he wrote his works under the pen name L. M. Goodman. He argued that one of Bitcoin’s biggest failings was the lack of a governance process that invited contributions from the community who use the network — as well as the fact that new tokens couldn’t be issued through this blockchain. He and his wife Kathleen founded a startup called Dynamic Ledger Solutions which was tasked with writing the code that would underpin the Tezos protocol. This company was subsequently purchased by the Tezos Foundation to ensure that it owned all of the intellectual property rights relating to the network.

Tezos is a blockchain network that’s based on smart contracts, in a way that’s not too dissimilar to Ethereum. However, there’s a big difference: Tezos aims to offer infrastructure that is more advanced — meaning it can evolve and improve over time without there ever being a danger of a hard fork. This is something that both Bitcoin and Ethereum have suffered since they were created. People who hold XTZ can vote on proposals for protocol upgrades that have been put forward by Tezos developers. To learn more about this project, check out our deep dive of [Tezos](https://coinmarketcap.com/alexandria/article/a-deep-dive-into-tezos). This open-source platform bills itself as “secure, upgradable and built to last” — and says its smart contract language provides the accuracy that is required for high-value use cases. According to Tezos, its approach means that it is futureproof and will “remain state-of-the-art long into the future,” meaning it can embrace developments in blockchain technology. The technology underpinning Tezos was first proposed in a white paper that was released in September 2014. After a series of delays, the Tezos mainnet launched four years later.

The WLD token contract is deployed on Ethereum Mainnet and the token is bridged to the Optimism “layer 2” network. It therefore inherits the security properties of these two blockchains.

The initial total supply of Worldcoin is 10 billion WLD. For 15 years following launch, the supply cap is fixed to 10B WLD (enforced by the WLD smart contract). After 15 years, governance may decide to implement an inflation rate of up to 1.5% per year if it deems necessary for the long-term sustainability of the protocol. Governance will also decide how to allocate these newly minted tokens (if any). The inflation cap of 1.5% per year is enforced by the WLD smart contract. Per default, unless changed via governance, the inflation rate is set to 0%. The 10B WLD tokens are allocated to different stakeholders as follows: * 75% of the WLD tokens are allocated to the Worldcoin community. * 9.8% of the WLD tokens are allocated to the Initial Development Team. * 13.5% of the WLD tokens are allocated to TFH Investors. * 1.7% of the WLD tokens are allocated to the TFH Reserve. The Worldcoin Foundation has formulated an aspirational token allocation goal, aiming to allocate at least 60% of all WLD tokens (coming from the Worldcoin Community pool) to individuals in the form of user grants. See the [Worldcoin Tokenomics](https://whitepaper.worldcoin.org/tokenomics) section of the project's whitepaper for details. For live on-chain data about WLD, see [this Dune dashboard](https://dune.com/worldcoin/worldcoin).

Worldcoin aims to build the world's largest identity and financial network, achieving truly global adoption at a billion-people scale. In contrast to most other crypto projects, the majority of the WLD tokens will be given to individuals - simply for being human. Using [World ID](https://worldcoin.org/world-id), individuals will be able to prove that they are a real, unique human to any platform that integrates with the protocol, including to [web3 systems](https://worldcoin.org/blog/announcements/talent-protocol-first-web3-platform-integrate-world-id-europe), social networking sites, and governmental programs. This will enable fair airdrops or token/NFT sales, provide protection against bots/sybil attacks on social media, and enable the fairer distribution of limited governmental resources. Furthermore, World ID can also enable global democratic processes and novel forms of governance (e.g., via quadratic voting), and it may eventually support a path to AI-funded UBI. Over two million people from more than 30 different countries across five continents have verified at an Orb during the pre-launch phase, which lasted from May 2021 untill July 2023. At launch, Worldcoin begins the [rollout of 1,500 Orbs](http://worldcoin.org/blog/announcements/worldcoin-begins-rollout-orbs-meet-global-demand-world-id) across 35+ cities in 20+ countries to meet the global demand for World ID.