The limitations of speed and the constant increase in the size of ledger of current public Blockchain is limited to being established in reality, which results in reduction of node participation and increase in network cost due to the escalating size of the data capacity. Grabity’s platform allows to solve the limitation in the speed of authentication and the size of the distributed storage accumulated in each node increasing equally, thus reducing the efficiency of the entire network and reducing node scalability, through Orbital Consensus and Genesis Hoisting. Through the SDK and Toolkit provided by Grabity, developers can easily apply Blockchain and tokenize to existing applications and benefit from global expansion of services, expansion of users, and cost savings. Without any purchase of expensive mining equipment, anyone can easily become a node in providing their computer resources and receive rewards with just a click to their smartphones, PCs, and already installed DApps.
Binance has announced another project on its Binance Launchpool called Venus. Users will be able to get new token rewards in return for staking BNB, BUSD and SXP tokens.
The Ethereum scalability project SKALE received a massive response as it raised $5 million by selling 167 million SKL tokens using the ConsenSys’s Codefi tool Activate.
Upbots trading platform announced the IEO for its UBXT utility token which will be hosted by the FTX known to be an industry-leading crypto derivatives exchange. In this way Upbots wants to make one dashboard for both professionals and amateurs.
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