Numerous cryptocurrencies and tokens appear every day. Some of them are of a practical nature, which means they perform some sort of function. Others, on the contrary, have a purely entertainment purpose and may be in demand only due to the strong buzz around the project. In this overview, RevenueBot highlights a few coins to keep track of.
BitBEDR (Bitcoin EDen Rich)
BitBEDR is an Ethereum-based ERC-20 token with a total supply of 1 billion coins. BitBEDR platform seeks to reshape decentralized virtual asset investment by integrating artificial intelligence (AI) into its core functionalities. Being cutting-edge and decentralization-focused, BitBEDR offers a wide spectrum of services to both novice and expert users, providing an up-to-the-minute approach to investment in virtual assets.
The BitBEDR token is the cornerstone of the BitBEDR ecosystem, empowering you to unlock a multitude of investment opportunities and services. With such enormous max supply of tokens, each valued at $785, BitBEDR serves as the primary currency for asset investment brokerage certified by the BitBEDR platform. Beyond its use for handling transactions, BitBEDRs confer various rights within the native ecosystem, including governance voting, membership qualification levels, and participation in the Verification Game.
StoryFire (BLAZE)
StoryFire is a multimedia platform founded by YouTube users Jesse Ridgway (aka McJuggerNuggets) and his business partner Brian Spitz that empowers creators to share their stories via text, video, and other formats. The mission here is to stimulate creativity and enable communication between users.
This YouTube–Twitter–Wattpad hybrid has recently introduced its native coin called BLAZE. Users are free to earn $BLAZE in a number of ways, such as creating content on the platform, communicating with other users, or watching videos. You can use these tokens to tip content creators, purchase premium content, or unlock special features. $BLAZE thus play a key role in stimulating activity on StoryFire and encouraging the creative process.
Karrat (KARRAT)
KARRAT is decentralized gaming protocol which is positioned to support the gaming and entertainment industries through transformative AI innovations and a community-driven approach. Gaming, real time animation content for the streaming industry, as well as emerging AI products – all supported by $KARRAT to animate this ecosystem.
Karrat’s core principle is community decision-making through network governance, which promotes transparency and inclusiveness. Such a team-based vision allows network participants to jointly build and own the games and products they all enjoy. The protocol strives to make gaming and entertainment industries more democratic, as well as to foster innovation by giving all participants the chance to contribute to the development of the entertainment industry.
Conclusion
When investing in new coins, you keep an open mind on all the risks, because the chances of a coin remaining at the same price brackets or depreciating are sky-high.
This material is not a piece of financial advice and is for informational purposes only.
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