Fusion FSN to DAOstack GEN Exchange

Crypto Pair Details: FSN to GEN

Fusion FSN

Fusion is a project which consists of an all-inclusive blockchain-based financial platform that offers cross-chain, cross-organization, and cross-data source services through smart contract employment. FUSION was established by the CEO of BitSE, an incubation company which developed QTUM Blockchain and the VeChain blockchain, crypto projects which are both successful. Fusion uses the Hierarchical Hybrid Consensus Mechanism (HHCM) that borrows things from PoW and PoS. At the same time, it uses a parallel computing by grouping nodes together, creating an efficient and safe platform. The Fusion team used in its whitepaper the term Internet of Values which refers mostly to cryptocurrency related matters, such as the exchange and management of digital assets securely and without intermediaries. The Distributed Control Right Management is a security layer that protects all locked-in cryptocurrency assets on the Fusion blockchain. The distributed storage and sharding of a private key ensures that no one can have access the complete private key, meaning that no single node can gain control of the digital assets. Along with the traditional transaction triggering mechanism, FUSION incorporated time and event based triggers into its smart contracts. These three triggering modes have resulted from various financial situations, and have been designed to meet the requests of complex financial smart contracts. BitSE, the company behind the Fusion Project, was founded in 2013 by Dejun Qian, being also responsible for the creation of QTUM and VeChain. QTUM and VeChain are both blockchain foundations which developed into independent ventures. The native token of the Fusion platform, FSN, will be used in paying network fees. Smart contracts require FSN in order for them to be executed, much like how ETH is used in the Ethereum network. Fusion (FSN) has a short history in the cryptocurrency market, which does not allow us to make predictions in the long term. Fusion cryptocurrency will have its Fusion mainnet launch before 30th June. We can expect a small increase in price due to this.

DAOstack GEN

DAOstack is an operational stack for DAOs, a comprehensive toolkit for decentralized collaboration at scale. It provides the governance and economic framework needed for collectives to self-organize around shared goals and interests. DAOstack is based on a fully open, modular and upgradable architecture. DAOs are open, self-organized collectives coordinated by economic incentives and self-executing code, cooperating around shared goals. Powered by the network effect, DAOs provide a revenue model and incentive for the production of open, shareable resources (such as open-source code and a music file). With the creation of more open resources, the DAO will be able to scale indefinitely while keeping its agility and coherence,and in many cases out compete existing corporate structures. DAOs have attracted top talents in the blockchain space, holding promise for more efficient and resilient organizations. Despite this, they have lacked critical elements to be ​successfully ​deployed ​so ​far, ​and ​in ​particular ​an ​adequate ​decentralized ​governance ​system. DAOstack is an operating system for DAOs. With DAOstack, thousands of open-source creators can jointly produce decentralized applications (DApps), while distributing individual ownership in the product to contributors of value. Crowd curators can cooperatively own and manage multi-valued ranking systems to compete with Yelp, TripAdvisor, or YouTube. And autonomous networks can run their collective investment or insurance fund. We believe DAOs will radically change the way people organize, from startups to corporations, to nonprofits and even nation-states. DAOstack develops the foundational elements needed to enable ​this ​transition ​to ​the ​future ​of ​work.

SOURCE: COINGECKO

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