Bluzelle BLZ to Sport and Leisure SNL Exchange

Crypto Pair Details: BLZ to SNL

Bluzelle BLZ

Bluzelle is a decentralized, scalable database service that aims to provide an effective data storage solution for the newly emerging blockchain ecosystem. It provides a solution to the scaling problems that developers of decentralized applications (dApps) face while using centralized infrastructure and traditional cloud-based databases. Bluzelle uses reliable ”swarm” technology, in which it stores tiny bits of data in groups of nodes or “swarms” which are distributed across the globe. Since this makes it independent of single data centres, Bluzelle’s scaling ability is limitless. Bluzelle adjusts the number of nodes and their location dynamically, reducing request time and improving overall performance. Bluzelle's swarm technology makes it extremely reliable as it redundantly stores pieces of data across the globe, eliminating a single point of failure. Since there are no data centres, Bluzelle’s resources are provided by network “producers”, who earn funds and pass on the savings to users. Bluzelle held an ICO from January to February 2018, selling 33% of its total supply of 500 million BLZ tokens and earning $19.5 million USD in the process. As of July 2018, Bluzelle has a circulating supply of about 183.02 million BLZ, with an individual price of $0.328 and consequently a market cap of around $60.25 million USD. The potential of an endlessly scalable storage service which is quick in its scaling, which is capable of storing any amount of data in a decentralized manner, is one that many investors may have an eye for. BLZ is still new and in its beginning stages, but its experienced team and excellent advisors work in its favour and are indicative of a bright future for the BLZ token. Investing in the token may not give high returns in a short period (since the cryptocurrency is so new and difficult to predict). So some more research is advised.

Sport and Leisure SNL

The main problem of today’s crypto industry is the absence of a solid connection with the real economy. Crypto markets are very easy to enter, but exiting market is associated with costs, risks and difficulties. These days many teams are trying to develop stable cryptocurrencies to facilitate global adoption and avoid risks that are mentioned above. Tether called as USDT is the best-known solution to this problem. Rapid growth and over $2bn market capitalization show massive demand for such stable coins. However, Tether and other similar asset-backed coins have many flaws that SnL TOKEN does not have as we have fixed the change rate backed by Ethereum with 18181 for each ETH as the minimum value of our token. It’s time to create a truly reliable and stable cryptocurrency that will become a solid bridge between the traditional and digital sport and leisure industries. That’s the reason we created SnL TOKEN.

SOURCE: COINGECKO

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