Here is our guide for Philippine play-to-earn players on the top gaming projects right now on the Solana blockchain.

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The cryptocurrency industry has had a rough beginning in 2022 as much of it has remained on a downward spiral for the past few weeks. Its global market cap was sitting at $2.1 trillion at the time of writing, having shed off over 3% of its valuation in the past day. Much of this can […]

PolySwarm (NCT), a threat detection and anti-malware project, has been on the rise in…

The post PolySwam (NCT) price up 370% in three days after getting listed on major exchanges appeared first on Coin Journal.

A low-cap altcoin has skyrocketed by more than 372% in the past seven days after receiving full trading support from Coinbase this week. PolySwarm (NCT) is a threat detection and anti-malware project that was listed by Coinbase Pro on Wednesday, alongside altcoins Inverse Finance (INV), Liquity (LQTY), Propy (PRO). All four crypto assets then received […]

The post Low-Cap Altcoin Soars 372% in One Week After Earning Surprise Support From Crypto Exchange Coinbase appeared first on The Daily Hodl.

A new entrant into the non-fungible token (NFT) marketplace sector has seen its price and market cap explode this week. The OpenSea rival LooksRare launched on January 10th, and the project’s native asset LOOKS has already surged in price by nearly 55%. The token, which was listed by the exchange OKEx on Wednesday, is currently […]

The post OpenSea Rival Surges 55% in Just Four Days, Shattering $500,000,000 Market Cap appeared first on The Daily Hodl.

On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than 7% against the U.S. dollar. Near Foundation Gets a $150 Million Capital Injection The team behind […]

Hierocoin aims to create a platform whereby artists and the hip-hop community can leverage blockchain technology to secure their hard earned returns.

Why Heirocoin Is Banking on DAO

Hierocoin represents a digital token that targets to transform the music industry. It is an innovative platform built by Brooks Boyd. The project came to life in 2014 through Jonathan Owens as a beta version. It launched in December 2021 after years of research and tests.

Hierocoin's DAO will enable users to design policies which favor the entire platform. The DAO system implements the set rules where no third-party will become involved. 

The structure could also deal with power-related issues since there will be collective participation from the community. 

What Heirocoin Represents

Hierocoin borrows its name from the legendary music group known as Hieroglyphics. The platform, however, guarantees that it doesn't associate its milestones or failures with Hieroglyphics and Hieroglyphics LLC. 

The project's native asset is known as BAR and runs on the Binance Smart Chain. BAR's primary use case aims at building a DAO system that supports market scarcity of the token. 

Farming is the second use case that allows investors to stake coins and receive rewards in return. Besides, individuals can use BAR in the Hiero farms to generate more BAR tokens. The users' staking amount and the pool's staking rates will have an impact on their rewards. 

According to the platform, the Hierocoin Bar token's goal is to help embrace art and promote upcoming artistic projects.

Users can also spend their BAR tokens on Hierovr.com, the project's metaverse world. Hence, BAR acts as a regular currency that enables users to shop and encounter several experiences in the metaverse. 

It further supports a gaming network whereby players participate in completing quests for hidden tokens and is able to bridge virtual items with real-world purchasing.

BAR has a total supply of 93M and a circulating supply of 3,207,200 tokens. The initial liquidity amount accounts for 50M BAR together with another liquidity contribution of 33,810,000. 

The distribution chart also dedicates 9M tokens to the Hieroglyphics music group. Lastly, airdrops and Hierocoin use 300,000 BAR and 7,500 BAR tokens, respectively. 

Hierocoin's Recent Presale and Auditing Spells Success

The project successfully held its presale which began on 25th November to 8th December, 2021. BAR is currently available for purchase on  PancakeSwap. KYC and auditing procedures provide startups with security for their investors. 

Hierocoin therefore has two auditing reports from popular security firms known as SolidityFinance and OpenZeppelin. 

An additional KYC examination was done by SolidProof, a German-based firm offering blockchain security solutions. Carrying out both procedures gives users a sense of trust and security in their investments.