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Home Blockchain

How Supontis, Decentraland, and Chainlink are Heralding a New Dawn of Blockchain Solutions

admincrypto by admincrypto
October 23, 2022
in Blockchain
How Supontis, Decentraland, and Chainlink are Heralding a New Dawn of Blockchain Solutions
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Occasionally in the Blockchain industry, users notice a few projects that stand out in terms of utility demand, profit potential, and user-friendliness. These projects are usually taken up and lauded for their dedication to providing great solutions to real-world problems.

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How Does Supontis (PON) Help?

The Supontis (PON) project is an answer to the major Blockchain issue of interoperability, as projects from different chains cannot interact without hassle. Supontis solves this problem by facilitating cross-chain bridging of 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 charged with 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 an equivalent substitute on the other chain. When the switch is reversed, the locked assets on the first chain are released, while the substitutes on the other 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 by the proof of stake consensus mechanism. Users can stake PON tokens to earn rewards, contribute to the project’s decision-making, or secure the network.

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

Decentraland (MANA): An Escape From Reality

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

Decentraland (MANA) is…

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