The first planned token burning process of Fenerbahçe Token, which was created by Paribu in collaboration with Fenerbahçe, was performed today. In the first burning process, 170,000 Fenerbahçe Tokens corresponding to 11,500,000 TRY were burned. As described in Fenerbahçe Token whitepaper , the maximum supply of Fenerbahçe Token will be 190,700,000 and5
VeChain (VET) Explained in 6 Easy Steps
VeChain is a blockchain-based platform developed for meeting business needs and demands. The network’s native token is called VET. When was it founded and by whom? Development activities for VET began in 2015; however, it was launched into the market in 2016. The developer and one of the co-founders of the project is IT manager and Louis Vuitton China’s CIO Sunny Lu and another co5
Solana (SOL) Explained in 6 Easy Steps
Solana is an open source project working for DeFi solutions as a permissionless blockchain. The official cryptocurrency of the project is called SOL. 1.When was it founded and by whom? The activities for the Solana project were initiated by the Solana Foundation based in Geneva, Switzerland in 2017. The names of the developers leading the project at the beginning are Anatoly Yakovenko and Greg5
Mina (MINA) Explained in 6 Easy Steps
Known as “the world’s lightest blockchain”, Mina is a protocol with an ability to remain in a fixed size of 22kb despite the growth in use. The network’s native cryptocurrency is called MINA. 1.When was it founded and by whom? MINA is a project developed by O (1) Labs in June 2017. Originally called the Coda Protocol, it was renamed as Mina in October 2020. 2.MINA’s5
IOTA (MIOTA) Explained in 6 Easy Steps
IOTA is a decentralized ledger technology designed for development of the Internet of Things (IoT). The network’s native cryptocurrency is called MIOTA. 1.When was it founded and by whom? The IOTA project began in September 2014, and it was officially launched for use in 2016. IOTA, which was originally based on the efforts of its four co-founders, it had a transformation in 2019 when one5
Decentraland (MANA) Explained in 6 Easy Steps
Decentraland is an Ethereum-based platform, allowing users participating in its network to earn profits by creating various contents. The network’s native token is called MANA. 1.When was it founded and by whom? MANA was created by co-partners, Ariel Meilich and Esteban Ordano, who are known for their creative touches to blockchain projects. While Meilich takes care of the content5
Curve DAO (CRV) Explained in 6 Easy Steps
Curve DAO is a DeFi-based platform designed for stablecoins used for liquidity management of automated market maker (AMM) tools. The name of its native token is called CRV. When was it founded and by whom? Curve DAO was created in January 2020 by Russian scientist Michael Egorov, who is also the founder of LoanCoin. CRV’s infrastructure Curve DAO operates on Ethereum-based Aragon5
“We are not alone with our 4.5 million users”
Yasin Oral, the CEO of Paribu, joined as a guest to BTCHaber TV’s program called Kriptografik. Having answered the questions of Melis Hazal Karagöz, Oral presented important statements on Paribu. Talking about the foundation of Paribu, Oral stated that the concept was first created in 2014. After explaining that Paribu has come a long way after having undergone a long and difficult5
How do cryptocurrency trading platforms work?
Cryptocurrency trading platforms are websites and mobile apps which allow their users to buy and sell, hence “trade” various cryptocurrencies listed in each platform. Users who want to buy and sell cryptocurrencies can carry out transactions by signing up for a cryptocurrency trading platform. How does it work? Operating principle and system of cryptocurrency trading5
Paribu commissioned the 6th water well in Africa
Paribu, Turkey’s leading cryptocurrency trading platform with the highest volume, commissioned a water well in The Gambia, Africa in collaboration with Sen De Gel, a foundation that undertakes projects for disadvantaged regions of the world. 300 people will benefit from the water well commissioned by Paribu in Mbayen Wollof village located in CRR Niami region of The Gambia5