Bybit Explainers

Unlock the world of crypto with Bybit Explainers: your quick guide to understanding cryptocurrency fundamentals in bite-sized articles

Axelar (AXL): Building Interoperability for the Crypto World

Axelar (AXL): Building Interoperability for the Crypto World

Axela is a web3 solution serving as a universal network that builds bridges between multiple blockchain ecosystems.

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Metaplex (MPLX): Empowering NFT Creators on the Solana Blockchain

Metaplex (MPLX): Empowering NFT Creators on the Solana Blockchain

Metaplex is a Solana-based protocol that provides creators and developers with an extensive range of NFT development tools.

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What Is Luna Classic (LUNC) and Can It Recover?

What Is Luna Classic (LUNC) and Can It Recover?

Luna Classic (LUNC) is the native coin of the old Terra chain that has been rebranded as Terra Classic which employs a burn mechanism to reduce its inflated supply of tokens.

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What Is TerraClassicUSD (USTC) and Will It Ever Repeg to $1?

What Is TerraClassicUSD (USTC) and Will It Ever Repeg to $1?

TerraClassicUSD (USTC) is a cryptocurrency on the Terra Classic (LUNC) blockchain. Originally designed as a algorithmic stablecoin, USTC’s peg maintenance mechanism was disabled after the UST crash in May 2022..

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Virtua (TVK): The Ultimate Metaverse Playground

Virtua (TVK): The Ultimate Metaverse Playground

Virtua (TVK) is a metaverse environment dedicated to gaming and supporting gamers’ digital lives.

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Powerledger (POWR): An Energy-Efficient Blockchain for a Carbon-Free Future

Powerledger (POWR): An Energy-Efficient Blockchain for a Carbon-Free Future

Powerledger is a blockchain platform that facilitates the flexible trade, management and provenance tracking of sustainable energy from sources like solar, wind and hydrogen.

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Polymesh (POLYX): A Security Token Blockchain for Regulated Markets

Polymesh (POLYX): A Security Token Blockchain for Regulated Markets

Polymesh (POLYX) is a public permissioned blockchain focused on the complete lifecycle of security token management and trade.

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Beam by Merit Circle DAO (BEAM): The Ultimate Gaming Ecosystem

Beam by Merit Circle DAO (BEAM): The Ultimate Gaming Ecosystem

Beam (BEAM) is a gaming-focused blockchain on Avalanche launched by Merit Circle, decentralized organization that supports and promotes web3 gaming platforms and initiatives.

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REPUBLIK (RPK): Game-Like Leveling and Earning With Social Media

REPUBLIK (RPK): Game-Like Leveling and Earning With Social Media

REPUBLIK is a web3 social media app that aims to use blockchain technology and smart contracts to monetize the content interaction economy on social media. 

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MovieBloc (MBL): A Participant-First Blockchain Film Ecosystem

MovieBloc (MBL): A Participant-First Blockchain Film Ecosystem

Move over, Netflix — it's time for MovieBloc, an innovative blockchain-based platform, to take center stage. Support your favorite independent film creators, or upload some videos of your own.

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