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​Decentraland (MANA)

Decentraland is a virtual reality platform built on the Ethereum blockchain. It allows users to create, experience, and monetise content and applications in a virtual world. The platform's native cryptocurrency is called MANA, which is used to buy and sell virtual land and other goods and services within the Decentraland ecosystem. Users can use MANA to purchase virtual land, which is a non-fungible token (NFT) that represents ownership of a specific parcel of land within the Decentraland virtual world. The virtual land can then be used to create and monetise various types of content, such as games, social experiences, and more.

Decentraland (MANA) has several strengths:

1. Immutable ownership: The use of blockchain technology in Decentraland ensures that virtual land ownership is recorded immutably, providing users with proof of ownership and a way to securely buy and sell virtual land.
2. Decentralised: Decentraland is a decentralised platform, meaning that it is not controlled by any single entity. This allows for greater user autonomy and less censorship.
3. Flexibility: The Decentraland virtual world allows for a wide range of possibilities, including games, social experiences, and other types of content.
4. Monetisation opportunities: Users can monetise their content and experiences within Decentraland through the use of MANA and other cryptocurrency, allowing creators to earn money from their creations.
5. High-quality graphics and user-friendly: Decentraland uses a proprietary game engine which allows for high-quality graphics, which is an important aspect for a VR platform. It also has a user-friendly interface which makes it accessible to a wider audience.
6. Large community: Decentraland has a large and active community of users and developers, which is important for any platform to grow and remain relevant.

​You can buy Decentraland (MANA) in Australian dollars (AUD) here.

​​Polygon (MATIC)

​Polygon (MATIC) is a cryptocurrency and blockchain platform built on Ethereum. It aims to address the scalability and transaction speed issues of the Ethereum network by using a system of sidechains, which allows for faster and cheaper transactions. Polygon is an open-source project and it uses a proof-of-stake consensus mechanism. It is also sometimes referred to as the "Ethereum scaling solution" or the "Internet of Blockchains."

Some strengths of Polygon (MATIC) include:

1. Scalability: Polygon uses a system of sidechains to increase the overall capacity of the Ethereum network, allowing for faster and cheaper transactions.
2. Low transaction fees: By using a proof-of-stake consensus mechanism and sidechains, Polygon is able to reduce transaction fees compared to the Ethereum network.
3. Security: Polygon is built on the Ethereum blockchain, which is known for its security and robustness.
4. Open-source: Polygon is an open-source project, allowing for a wide range of developers to contribute to and build on the platform.
5. Interoperability: Polygon's architecture allows for interoperability with other blockchain networks, making it easier for different blockchain systems to communicate and transact with each other.
6. Community-driven: Polygon is community-driven, and has a strong developer community working on the protocol, building infrastructure and dApps.
7. High-throughput: Polygon is able to handle high-throughput transactions, making it suitable for decentralized finance (DeFi) and other high-transaction-volume use cases.

​You can buy Polygon (MATIC) in Australian dollars (AUD) here.

Mina (MINA)

MINA is a cryptocurrency token and operates on the Ethereum platform. It is a decentralised digital asset that serves as a medium of exchange or a store of value. Like other cryptocurrencies, MINA can be bought, sold, and traded on cryptocurrency exchanges. It may also be used for transactions and payments within decentralised applications and decentralized autonomous organisations (DAOs) built on the Ethereum network.

MINA has several strengths that make it stand out in the blockchain and cryptocurrency space:

1. Accessibility: MINA's small size means that users can run a full node on their smartphone, making it more accessible for a wider range of people to participate in the network.
2. Scalability: The decentralised network design of MINA allows for greater flexibility and scalability, which is important for the long-term growth of the network.
3. Security: MINA uses a staking system, where validators can earn rewards for validating new blocks and securing the network. This creates a strong incentive for users to maintain the security of the network.
4. Native token utilisation: The MINA token is the native currency of the Mina protocol and is used to pay transaction fees within the network, adding utility to the token.
5. Innovative approach: MINA's decentralised network design and its focus on a small size are unique and innovative, setting it apart from other blockchain networks.

​​You can buy Mina (MINA) in Australian dollars (AUD) here.

Maker (MKR)

Maker (MKR) is a cryptocurrency and governance token for the MakerDAO decentralised finance (DeFi) platform on the Ethereum blockchain. MKR is used to govern the MakerDAO system, including the stability fee for the DAI stablecoin, which is pegged to the value of the U.S. dollar. MKR holders can vote on proposals to change the system, and they also earn a return on the stability fee. MKR is also used to pay for transaction fees on the MakerDAO platform, and it can be traded on cryptocurrency exchanges.

Maker (MKR) has several strengths:

1. Decentralised governance: MKR holders can vote on proposals to change the MakerDAO system, which allows for a decentralised decision-making process.
2. Stability: DAI, the stablecoin pegged to the U.S. dollar, is created by locking up collateral in the MakerDAO system. This helps to maintain the stability of the DAI and minimize price volatility.
3. Earn interest: MKR holders can earn a return on the stability fee, which is paid by users who borrow DAI. This provides an additional source of income for MKR holders.
4. Liquidity: DAI is widely used and traded, making it easy to buy and sell. This increases the liquidity of the MakerDAO ecosystem and makes it easy for users to access funds.
5. Interoperability: MakerDAO is built on the Ethereum blockchain, which enables it to interact with other decentralised finance (DeFi) platforms and decentralised applications (dApps).
6. Transparency: All transactions and activities on the MakerDAO platform are recorded on the Ethereum blockchain, which ensures transparency and immutability.
7. Security: MakerDAO uses smart contracts which are designed to be tamper-proof and secure, this make it a secure platform to use.

​You can buy Maker (MKR) in Australian dollars (AUD) here.

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​NEAR Protocol (NEAR)

NEAR Protocol is a decentralized platform for building and deploying decentralised applications (dApps). It uses a novel consensus mechanism called "Nightshade" which is designed to be highly performant and scalable. NEAR also utilizes sharding to increase the number of transactions that can be processed at once, which helps to improve the overall performance of the network. Additionally, NEAR uses a unique token economics design which aims to align the incentives of all stakeholders in the ecosystem, including developers, users, and validators.

NEAR Protocol has several strengths that make it an attractive platform for building and deploying decentralised applications:

1. Scalability: NEAR uses sharding and a novel consensus mechanism called "Nightshade" that is designed to be highly performant and scalable. This allows for a large number of transactions to be processed at once, making it suitable for high-traffic dApps.
2. Token economics: NEAR uses a unique token economics design which aims to align the incentives of all stakeholders in the ecosystem, including developers, users, and validators. This helps to ensure that the network is secure and that participants are rewarded for their contributions.
3. Development tools and resources: NEAR provides developers with a variety of tools and resources, such as the NEAR Studio and the NEAR CLI, which make it easy to build, test, and deploy dApps on the platform.
4. Security: NEAR is built on a new consensus mechanism called "Nightshade" which is designed to be highly secure and resistant to various types of attacks.
5. Interoperability: NEAR is designed to be highly interoperable with other blockchain networks, which allows for easy integration with other platforms and ecosystems. This is achieved through the use of cross-chain communications protocols, like NEAR-EVM, which allows for easy interaction between smart contracts on different chains.
6. Accessibility: NEAR's design and accessibility to developers, and its low-entry barriers for developers, makes it a suitable platform for both experienced and new developers.

You can buy NEAR Protocol (NEAR) in Australian dollars (AUD) here.

Neo (NEO)

Neo is a blockchain platform and cryptocurrency designed for the deployment of smart contracts and decentralised applications (dApps). It was founded in 2014 and is often referred to as the "Chinese Ethereum" due to its similarities with Ethereum in terms of technology and its focus on digital asset creation and management. Neo uses a unique consensus mechanism called Delegated Byzantine Fault Tolerance (dBFT) and its native cryptocurrency is also called Neo (symbol: NEO).

Neo has several strengths, including:

1. Scalability: Neo uses a unique consensus mechanism called Delegated Byzantine Fault Tolerance (dBFT) which allows it to handle a high volume of transactions per second.
2. Compatibility: Neo supports multiple programming languages, including C#, Java, and Python, making it easier for developers to build and deploy decentralised applications on the platform.
3. Digital Asset Creation: Neo allows for the creation of digital assets that can represent anything from traditional financial instruments to virtual goods.
4. Strong Support: Neo has a strong community and is supported by a well-funded development team. This allows for a steady stream of updates and improvements to the platform.
5. Government Support: Neo has been backed by the Chinese government, which has helped to increase its legitimacy and visibility.
6. Interoperability: Neo supports inter-chain communication and has partnerships with other blockchain projects, allowing for greater interoperability and integration within the blockchain ecosystem.

​You can buy Neo (NEO) in Australian dollars (AUD) here.

More ​Cryptocurrencies to be added soon...