IONChain concept
In 1887, the famous Swedish physicist Arrhenius proposed the theory of ionization. He stated that just like molecules and atoms, ions are also the basic particles of matter. Just like ions in physics, IONChain aims to become the underlying particle in the Internet of Things (IoT) ecosystem. Through their IONChain Protocol, IONChain will serve as the link between IoT devices, supporting decentralized peer-to-peer application interaction between devices.
Every device is a mining machine
In the IONChain ecosystem every IoT device that provides valuable data can act as a mining machine. Once connected to the IONChain network, a device will constantly contribute its calculative power via the Ionization Algorithm and in turn, receive IONC tokens as mining reward. IONChain has created a unique consensus algorithm to determine the value contributed by IoT devices. A device’s contribution is jointly determined by the Data Quality Proof Consensus and Time Lapse Proof Consensus. This consensus mechanism will consider a devices' function, data quality and quantity in calculating its contribution. Out of this analysis, the number of IONC token distributed to them as a reward can be determined.
One device, one code, one coin
At IONChain we will implement the following core concept called "One device, one code, one coin". In this concept "Device" stands for the IoT devices participating in the IONChain ecosystem, "Coin" stands for the cryptocurrency IONC. "Code" is the unique identification code which can also be used as a wallet for these IoT devices inside the IONChain network.
Gourmet Galaxy is an innovative Yield Farming platform, a combination of DeFi and NFTs in a gaming experience. Gourmet Galaxy is currently running on the Ethereum Blockchain and will be developed in the future to support the Polkadot ecosystem. The team behind GUM believes that in the future, Blockchain and DeFi should be used to make everyone's lives better. They also believe that the combination of DeFi and NFTs will be the gateway to bring the masses to DeFi.
By combining the unique features of NFTs, DeFi's profitability, and the gaming experience of users, Gourmet Galaxy wants to bring new energy to the Yield Farming wave that is coming to a dead end because of its problems.
Gourmet Galaxy is a platform with 3 main products:
DFS token
Used for trading, community governance, liquidity incentives, dividends of protocol fees revenues, staking, issuing and generating assets, etc.
By integrating a series of DeFi protocols, DeFis Network will create a powerful network effect in decentralized finance field in the future. The platform coin DFS will continue to capture the value generated by these DeFi protocols. DFS holders will continue to receive dividends from protocol fees. Through smart contracts, dividends are automatically executed, so that each holder can share the dividends of DeFis Network development fairly.
Additionally, Actinium is completely decentralized featuring an open-source codebase available for review, critique, and change from anyone.
Actinium is a cryptocurrency designed to be convenient, functional and secure.
Featuring an active Lightning Network, Hardware Wallet integration, Tor Browser capabilities, as well as maintaining a heavy focus on education and every day application, Actinium aims to make blockchain technology useful for everyone.
The Actinium Network is dedicated to sustaining a foundation of transparency and trust, which is why the project was launched fairly, meaning there is no pre-mine, no ICO, no pre-launch funding and no developer rewards of any sort associated with this project—whatsoever.