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.
World's First Blockchain Asset Validation and AI Driven Crypto Trading infrastructure. Traders can easily find whales matching their goals, follow their trades automatically, and take the steps toward fulfilling their dreams of achieving financial freedom. With the use of smart contracts on the blockchain, the Spiking Platform will allow its users to mirror the trading activity of any whale and control their own segregated trading accounts directly. SPIKE will be the token that fuels the Spiking Platform (gas). For new traders, Spiking will offer the assistance of RoboBull — a proprietary AI Robot. RoboBull is an intelligent portfolio management manager that applies artificial intelligence to create a portfolio of different whales based on the trader’s risk/reward ratio. New traders can enjoy peace of mind with a more sustainable trading plan. Tracking whale trades is a valuable barometer which is lacking in the cryptocurrency market today. Spiking is here to introduce a platform that will fill this market void and transform the way traders interact with the market, helping traders at all levels to make better decisions.