Published
1 year ago on
May 12, 2022
Cryptocurrencies have been on the rise in the past couple of years and as tokens develop new technologies and functionalities, the rise of all-encompassing ecosystems has seen the day. These ecosystems aim to provide holders with more inclusive user experiences and limit the intervention of third parties in users’ interactions with the blockchain. We will see how the Mushe Token (XMU), Solana (SOL) and Apecoin (APE) provide such an optimal ecosystem to crypto users.
Mushe Token (XMU) – a community-centred ecosystem
The Mushe Token (XMU) has been developed this year and will be operating first on the Ethereum blockchain, to then move to be integrated onto Solana thanks to the technologies provided by the Stellar network. At its heart, the Mushe Token (XMU) seeks to develop tools to empower and educate its community.
The Mushe team will establish a multi-chain ecosystem to support the Mushe token and other tokens in the future, consisting of a multi-chain wallet and a swap, allowing its holders to store, trade, and exchange tokens from the Mushe platform.
There will be two types of wallets for users on the platform: i) A multi-chain wallet that can store all tokens from several blockchains such as Binance Smart Chain, Ethereum, and Solana; ii) A personal wallet that supports only ERC20 tokens or your own private keys.
Solana (SOL) – integrating smart contracts to high scalability
Solana (SOL) is making it possible for everyone to start building and operating their very own token infrastructures. With its open-source code, meaning the backbone and coding of Solana can be seen by anyone, their blockchain aims to be one of the most transparent on the market.
Solana’s blockchain solution has been verified as capable of running at speeds of over 1000 transactions per second with an average cost per transaction falling around $0.00025, making it one of the fastest blockchains on the market today..
