March 6, 2023
Tron (TRX)
Tron is a proof of stake cryptocurrency that has been built on the Tron blockchain network.
Bright Ideas: Bounce (AUCTION)
Auction is the native token of the Bounce blockchain which aims to connect traders across the world without intermediaries.
Price:
$6.62
Mkt Cap:
$13,878,966
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Project Fundamentals
- Bounce over its short history has established a competitive environment for create, gather, collect and trade any kinds of digital assets, tokens, and non-fungible tokens across multiple blockchains.
- The Bounce Website describes the project as, “Bounce powers an ecosystem encompassing all types of marketplace, ranging from direct purchase and sales, managing contracts for bespoke work, all the way through to decentralized auctions.”
- AUCTION is the native token of bounce with liquidity governance and staking capabilities.
Partnerships / Implementation
- A major part of the NFT infrastructure is offering swaps for ERC20 and BEP tokens which Bounce facilitates through fixed swap auctions which allow auctioneers and participants to get live prices and swaps.
- Auction was officially listed o Binance in August 2022 leading o massive increase in interest in the project and a price surge.
- Despite NFT volumes dropping off in 2022, Bounce has signaled to their intention of growing through the current bear market.
Roadmap and Announcements
- In August 2022, Bounce announced a partnership with Gear, commenting via twitter, “By leveraging Gear’s infrastructure, any user will now be able to launch any application that Bounce Finance offers across multiple blockchains.”
- In September 2022, Bounce added a variety of new features to their fast-growing metaverse including a Playground – Auction – Gallery – Games – and Mall.
Technical Analysis
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Polygon (MATIC)
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Fantom (FTM)
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Polygon (MATIC)
Polygon was founded as a scaling solution for Ethereum and aims to be Ethereum’s internet of blockchains.
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Cosmos (ATOM)
Cosmos is an interoperability platform operating as a “decentralised network of independent parallel blockchains"
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Bitcoin (BTC)
Bitcoin is synonymous with cryptocurrency itself and has always been the largest by market capitalisation.
