How Supontis, Decentraland and Chainlink herald a new day of blockchain solutions

Sometimes in the Blockchain industry, users notice a few projects that stand out in terms of demand for use, profit potential and ease of use. These projects are usually picked up and praised for their dedication to providing great solutions to real-world problems.

How does Supontis (PON) help?

The Supontis (PON) project is an answer to the big Blockchain question of interoperability, as projects from different chains cannot interact seamlessly. Supontis solves this problem by facilitating cross-chain bridging between assets primarily between the Ethereum (ETH), Binance Smart Chain (BSC), Tron (TRX) and Fantom (FTM) ecosystems.

The Supontis (PON) ecosystem is governed by a DAO, which is responsible for the operational decisions and future proposals to be made within the protocol. When a user wants to transfer assets from one chain to another, Supontis locks the assets on the first chain while creating a corresponding replacement on the second chain. When the swap is reversed, the locked assets on the first chain are released, while the replacements on the second chain are burned.

Supontis (PON) also has a staking system to create more income for its users and to ensure the security of the protocol using the proof of stake mechanism. Users can stake PON tokens to earn rewards, contribute to project decision-making, or secure the network.

Supontis (PON) will be available on Pancakeswap and Uniswap at launch.

Decentraland (MANA): An escape from reality

Blockchain has created many avenues for monetization, and even gaming is not left out. Many Blockchain-based games provide fun and entertainment, monetization and decentralization. Decentraland (MANA) is one such game. It is a metaverse on the Ethereum network that enables users to own, build, develop, trade and monetize digital real estate. Users can also interact and connect in the game environment via customizable avatars.

Decentraland (MANA) is based on NFT technology, DeFi technology and Blockchain games. It offers true virtual land ownership through Ethereum smart contracts, making the protocol highly secure. The MANA token is the game’s native ERC 20 token and is used to purchase tokenized LANDS, digital collectibles, and other NFT resources.

Currently, MANA is one of the leading Metaverse projects and it has plans to branch to the Polygon Blockchain for scaling.

Chainlink’s (LINK) solution for Blockchain credibility

It is often wondered how Blockchain gets reliable, timely and accurate real-time data. Before, this was a big problem as there were not many credible sources in the chain. With the use of Chainlink (LINK), usable, accurate, timely and reliable data can be obtained off-chain from on-chain sources to drive Blockchain processes.

The network uses data providers called oracles to get information off-chain. These oracles are incentivized for this purpose and must lock assets (Staking) to ensure reliability. The more reliable data an oracle provides, the higher the credibility, and the higher the earning potential. Chainlink (LINK) has a proof of stake consensus model that secures the network, and it uses smart contracts to drive the processes within the protocol.

The protocol was launched in June 2017 by smartcontract.com and it is an Ethereum based protocol. The original LINK token has many use cases within the protocol, including network security, reward distribution, trading, payment of transaction fees, and incentivization of node operators.

Chainlink (LINK) primarily serves to provide accurate and reliable data for the use of smart contracts.

The projects listed above have done a lot in terms of bringing solutions to existing problems. For this reason, they have had wide adoption, and still have a potential for profit in the long run. New users should always keep in mind that in the crypto community, the tool always exceeds the hype.

For more information about Supontis click below

Advance sales: https://register.supontis.com
Website: http://supontis.com/
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