Harmony ONE to PlayChip PLA Exchange

Crypto Pair Details: ONE to PLA

Harmony ONE

Harmony’s open, decentralized network is enabled through the use of the native protocol token - Harmony ONE. The token incentivizes and rewards a variety of participants including developers, validators/stakers, investors, and community members who develop, secure and govern the network. In order to use the network, users pay a small transaction fee denominated in the native Harmony token. Harmony’s scalable, high-throughput protocol is powered by a native token which is used for various forms of payment and participation in the protocol (staking, transaction fees, voting & governance). Harmony uses blockchain to align incentives of different stakeholders, developers and businesses while allowing them to build open marketplaces of fungible and non-fungible tokens and assets. Furthermore, the upcoming application of zero-knowledge proofs will allow Harmony to become a data sharing platform that can overcome the conflicting problem plaguing many information and data markets: that individual market participants’ have mutual distrust to share data but strong desire to acquire data themselves. The Harmony token will function in the following aspects of the protocol: The token is used for staking, which is necessary to participate in the POS consensus & earn block rewards and transaction fees. The token is used to pay for transaction fees, gas and storage fees. The token is used in voting for on-chain governance of the protocol.

PlayChip PLA

Plair aims to unify the gaming and streaming worlds onto one platform, propel the amateur eSports scene into the global spotlight, bringing opportunities to gamers of all skill, and give the GAMERS ownership and control of their own data. Additionally, they plan to launch a distributed cloud computing network in which users can rent, play, and stream video games using the combined power of the network's contributors. The PLA token is the blood of this entire ecosystem, itself built upon the ecosystem that is the VeChainThor blockchain, which gives Plair the scalability advantages it needs to succeed over competitors.

SOURCE: COINGECKO

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