Loopring [NEO] LRN to Project Pai PAI Exchange

Crypto Pair Details: LRN to PAI

Loopring [NEO] LRN

Loopring is an open protocol for building decentralized exchanges. Loopring has quickly gained visibility as one of the decentralized exchange options that’s making progress on trading across multiple blockchains. Loopring’s solution utilizes ring transactions and order matching to facilitate asset exchanges. Essentially, it aggregates the order books of other exchanges. This allows any exchange, decentralized or centralized, to utilize Loopring’s protocol to match orders. Part of providing an open protocol is remaining blockchain agnostic. Hence, the first Loopring token (LRC) was launched on Ethereum, but it also plans to launch Loopring NEO (LRN) and Loopring QTUM (LRQ). The plans to launch Loopring NEO are coming along. The distribution of the new tokens, LRN, has already begun. Essentially, the token distribution involves two phases: an investor sale and an airdrop. This guide will look at both phases, how to buy LRN, and what to expect from Loopring NEO. The big selling point of Loopring’s exchange solution is you never have to deposit funds to Loopring. With most exchanges, even other decentralized exchanges, you still have to transfer funds to their wallets. On Loopring, you can keep your funds in your own private wallet when trading. Of course, that creates a challenge for Loopring because the exchange no longer controls the wallet and that means smart contracts need to do the work of verifying that transactions are legitimate and confirmed. When a trade occurs, it happens user to user, with no middleman. Loopring finds the match and coordinates the terms of the trade, but it never controls the assets. Loopring is one of the first projects to attempt launching across multiple blockchain ecosystems. This experiment is interesting and exciting. It also has the potential to be lucrative if Loopring continues to increase in value.

Project Pai PAI

Project PAI is an open-source blockchain project developing the world's first blockchain-based platform for intelligent 3D AI avatars. Personal AI (PAI) looks, talks and behaves like the individual user and, when secured and authenticated on the blockchain, allows for unprecedented customization, utility and personal data control. With communities worldwide and adopters including leading U.S. AI company ObEN Inc., Project PAI is rapidly advancing its vision of allowing everyone in the world to participate in the new global humanistic AI economy. Project PAI's independent blockchain platform is intended to allow users to create, own and manage their digital identity and the associated data, letting users participate in a new global humanistic AI economy where they are the owners of their own digital identity and data. The listing on HBUS marks another step in Project PAI's growth throughout the U.S. and global market. Project PAI's vision is to create a platform where everyone can create their own Personal AI, intelligent digital avatars that look, sound and behave like them. With PAI, users can have more personalized digital experiences, including using their PAI for social media content or interacting with the PAI of their doctors, teachers or even their favorite celebrities across a number of applications in retail, entertainment, travel and more. The core technology for the avatars is powered by Project PAI early-adopter ObEN, a leading artificial intelligence company based in Los Angeles, California. PAIs are secured and authenticated on the Project PAI blockchain. The intention is to always allow the user to be the owner of their own data and if they choose to contribute that data to improve applications or AI algorithms on the PAI blockchain, they can be compensated for their efforts in PAI Coin. In addition, as an open-source public blockchain, companies and developers can create their own apps and tokens on the PAI blockchain to build more interactions for the Project PAI community. Already this year, Project PAI has launched both its mainnet and github. A third-party-developed digital wallet for PAI Coin, called PAI Up, is also available globally on both iOS and Android. The project has recently expanded into the Southeast Asia, U.K. and European markets, following solid presence in China, Japan, Korea and the U.S.

SOURCE: COINGECKO

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