Cryptocurrency Projects for Crypto Enthusiasts – Logarithmic Finance (LOG), Bitcoin SV (BSV), and Fantom (FTM)
June 11th, 2022 at 12:03 pm UTC · 4 min read
Cryptocurrency enthusiasts are people in the crypto world who have substantial knowledge of the cryptocurrency network and how it works and have great interest in the happenings of the crypto world. Whether these cryptocurrency enthusiasts are part of the whales (investors with the big shares of the cryptocurrency), in a network or not, always have a huge interest and make sure to try out projects they deem profitable.
There are many types of cryptocurrency projects. There must be a wide range for cryptocurrency enthusiasts to check out. This article points these crypto enthusiasts toward cryptocurrency projects that deserve more attention than they are getting. These projects are Logarithmic Finance (LOG), Bitcoin SV (BSV), and Fantom (FTM).
Logarithmic Finance (LOG)
Logarithmic Finance is a next-generation Decentralized Finance (DeFi) platform that was created to make life easier for brilliant minded innovators and potential investors. Logarithmic Finance is a swapping and Decentralized Finance (DeFi) protocol platform that provides early-stage investors and innovators with easy and seamless interaction and connectivity. LOG was designed using an intuitive interface and the structure of web 3.0 technology as the foundation to unleash the hidden potential of the Decentralized Finance (DeFi) ecosystem.
This design of Logarithmic Finance provides an empowerment method to help innovators raise enough funds to launch the best possible version of their project and then connect them to the top investors on the platform by attracting their attention fast and easily enough. LOG was created in response to the problem of decentralized exchange platforms not having enough features. Only a few of the existing DEX platforms offer start-ups a chance to raise funds with Initial Decentralized Exchange (DO) offerings.
The Logarithmic Finance ecosystem runs on liquidity pools. They are the connecting factor between these early-stage innovators and investors. There are different Pool Types and Pool Statuses in the LOG ecosystem. The Pool types of the Logarithmic Finance ecosystem include Direct Access Pools (DAP) and Time Freeze Pools (TFP).
On the other hand, the Pool Statuses in the ecosystem include Available, Open, Unbuyable, Completed, and Dissolved. Logarithmic Finance uses a smart contract that moves the auctioning and liquidity tokens to the wallets of the recipient innovators depending on the Pool Status and Pool Type.
The utility token of this platform is LOG. This token, LOG, is an ERC-20 token. LOG is the utility and governance token of the Logarithmic Finance platform. LOG is used to earn governance rights and community DAO decisions. Stakers also get rewarded with LOG.
Bitcoin SV (BSV)
Bitcoin SV, which stands for Bitcoin Satoshi Vision, is a cryptocurrency and blockchain project created to fulfil the vision of the founder of Bitcoin, Satoshi Nakamoto. It is a hard-fork platform of Bitcoin Cash that was created to return Bitcoin to its original form. The proponents of Bitcoin SV believe that the existing and foundational Bitcoin protocol aha huge flaws, and its structural approach should not be relied upon. That is why Bitcoin SV’s development team believes that the only way to fix Bitcoin’s scalability flaws is to increase the block size. The cryptocurrency token is BSV. This token, BSV, can also be mined and traded outside Bitcoin SV.
Fantom (FTM)
Fantom is a blockchain-powered by a native token and supports smart contacts. Fantom was created with the major aim of helping users avoid the problems of lack of speed and high transaction fees on Ethereum. The Fantom main net was launched in 2019. This blockchain is cheap and fast and has its own DeFi platform. The native token of Fantom is FTM. This token, FTM, is used to make payments on the Fantom platform. FTM is also used for staking, paying network fees and earning governance rights.
After reading this article, every crypto enthusiast will agree that all of these, especially Logarithmic finance, are great investment options. You can join LOG’s ongoing presale or learn more about it using the links below.