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Enjin (ENJ) lands on Young Platform Pro!

Enjin (ENJ) arrive sur Young Platform Pro!

On Young Platform Pro is now available ENJ, the token of the Enjin platform for NFTs

In the Metaverse month, MANA and SAND joined the team. Today it’s the turn of Enjin (ENJ), the cryptocurrency for NFT lovers!

What is Enjin?

Enjin is a platform that makes life easier for all those who use, create and sell NFTs. The project was founded in 2009 to focus on the gaming industry, but over the years it has increasingly turned to blockchain technology and its integration into games. Enjin now offers a whole range of tools for individuals, companies and developers to develop and monetise digital content.

These tools include a marketplace, a wallet and software for making NFTs. The aim of the platform is to reduce the costs of these operations and make them easier. Enjin currently works with more than 70 gaming and tech companies, including Microsoft. 

What is ENJ?

To leverage all the services of the Enjin ecosystem was designed ENJ, an Ethereum-based token. Its main purpose is to support NFTs at every stage of their existence: from creation to destruction, from buying to selling. 

Why did we choose ENJ?

You may have noticed that we have been devoting a lot of blog articles to the topic of NFT lately. We have been warming up in anticipation of Enjin’s entry! By now non-fungible tokens are everywhere, even Young Platform is getting ready for the Metaverse adventure.

ENJ is ideal for non-programmers who want to try their hand at collecting or designing digital content, or for game enthusiasts who want to make their gaming experience as cutting-edge as possible. 

Available pairs?

  • ENJ/USDT
  • ENJ/EUR

Want to know more?

You can’t miss tonight’s Academy article on Enjin!

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Satispay lands on Young Platform

satispay

As an Italian fintech startup, Young Platform is excited to announce the integration with Satispay, the most interesting and popular payment app in Italy.

Satispay is a payment app available in Italy, France, Germany, Belgium, Luxemburg and the Netherlands.

Many of us are already used to paying for everything with our phones, and with Satispay you no longer have to rummage through your bag or rucksack to scrape together loose change.

Young Platform is with Satispay on a mission to completely digitalise payments.

That’s why Satispay’s snazzy logo will give you relief on the Young Platform app too. 

In fact, you can finally deposit on Young Platform using your weekly Satispay budget.

Depositing with Satispay means:

  • Instant deposit
  • Zero fees at the launch

Download Satispay

Read our Guide

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Decentraland (MANA) lands on Young Platform

decentraland

Today on Young Platform you can find Decentraland (MANA), the cryptocurrency for a virtual world.

The first listing for the Metaverse month is MANA, the Decentraland cryptocurrency. Young Platform proposes the native crypto of this virtual space, after its incredible growth linked to the rebranding of Facebook to Meta.

What is Decentraland?

Decentraland is a metaverse on the Ethereum blockchain. It is a virtual space that connects users around the world through the internet. Decentraland is divided into approximately 90,000 LANDs, virtual pieces of real estate, where you can create any kind of content. Palaces, works of art, discos: like a real world, each user can explore it, visit it and take part in events proposed by other players. 

What is MANA?

Decentraland (MANA) is the cryptocurrency for Decentraland. It’s used to take part in all buying and selling activities in this metaverse. Live music shows, shops, and breathtaking resorts are only a crypto transaction away! MANA holders also have the opportunity to contribute to decisions about updates and policies in Decentraland. 

Why did Young Platform decide to list MANA?

Not just FOMO: We think that the interest in MANA is not just the fad of the moment, we look at its actual growth potential! A quick fact? Between 28 and 30 October, there was a 191.2% price increase (from $0.9106 to $2.6519). We chose MANA to focus on the future of the Metaverse and its ability to connect users in all parts of the world. MANA is the perfect token for gamers because it allows them to play using cryptocurrencies with a monetary value, unlike classic video games. 

Which MANA pairs will be available on Young Platform? 

  • MANA/EUR

Want to know more?

Don’t miss out on the Academy article dedicated to Decentraland out tonight

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To the Metaverse and beyond with Young Platform

Vers le Metaverse et au-delà

In Young Platform November is the month dedicated to Meta and the Metaverse: every wednesday a new cryptocurrency

As everyone knows by now, on 28 October Mark Zuckerberg announced the rebranding of Facebook to Meta. The name refers to the company’s vision of creating a metaverse that brings together all its products to create a single virtual interaction space.

So these days there is nothing but talk of the Metaverse, but it is not a new concept. 

The Metaverse is a dematerialised parallel world using virtual or augmented reality technologies.

In this parallel reality, you can play, create, make friends and even work. Many companies are involved in creating technologies to facilitate access to this dimension or experiment with virtual worlds’ operation.

You may have heard of Second Life, a game released in the early 2000s, seen films such as Ready Player One, or perhaps even tried a pair of VR goggles. More recently, you may remember that social distancing brought out new ways of visiting a museum or a house on real estate sites last year. Well, this is the next frontier of the Internet.

What happened in the crypto market?

If you are even familiar with the crypto and NFT environment, you will have heard of metaverse on blockchain, such as The Sandbox. Blockchain projects are even more fascinating because they make the metaverse decentralised, so its management is in the hands of the players.

This is where it gets interesting. The social giant’s announcement, in fact, had a particular effect on the small blockchain world: the price of some cryptocurrencies linked to a metaverse on blockchain went up considerably.

Axie Infinity (AXS), the largest-capitalised NFT-cryptocurrency, reached a new All-Time-High on 6 November, with 25% growth since the announcement. 

The Sandbox (SAND), on the other hand, is the one that has done the most impressive numbers, with a 224% price increase from 28 October to 8 November.

It seems only right that we devote the rest of this November to the Metaverse, in all its facets, but especially on blockchain.

What’s going to happen?

  • There will be wednesday-listings of new cryptocurrencies on Young Platform
  • You will be able to read dedicated insights on the Academy
  • You will receive news on this topic from the Blog

Buy SAND!
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Polygon (MATIC) lands on Young Platform!

Polygon (MATIC) arrive sur Young Platform!

You can now buy, sell and store Polygon (MATIC) on Young Platform!

What is Polygon?

Polygon is a network and blockchain that is based on Ethereum, but has built an entire ecosystem to facilitate the development of scalable blockchain solutions.
This means that instead of creating an app directly on the Ethereum blockchain, which requires high costs and relatively long transaction confirmation times, developers can use the tools offered by Polygon to create apps with the same convenience, but by paying more stable fees and being able to rely on instant transactions.

How does MATIC work?

MATIC is Polygon’s ERC-20 token, which is used to pay for network costs, hence the fees and gas needed to generate smart contracts and DApps.
MATIC can also be staked in the Matic Wallet, in fact, it powers the Proof-of-Stake consensus mechanism on which Polygon’s main blockchain is based.

Why has Young Platform decided to list it?

MATIC is now ranked 19th in the crypto market. Its ecosystem has grown enormously over the last year, thanks to the migration of many DeFi protocols (and others) onto its network.

To date there are about 3000 DApps on Polygon, including DeFi applications, DAOs (decentralised autonomous organisations), gaming DApps, NFT apps and much more.

Polygon is one of the main scalability and interoperability solutions on the market, which differs from the others because of its compatibility with Ethereum, from which it derives the characteristic of a wide and flexible ecosystem that can easily support any type of project.

Available pairs?

On Young Platform and Young Platform Pro you can buy and sell Polygon with the following pairs:

  • MATIC/EUR

Want to know more?

Read our article about Polygon on the Young Academy!

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Terra (LUNA) lands on Young Platform!

As of today you can buy, sell and store Terra (LUNA) on Young Platform!

In May 2022, a collapse of the Terra’s ecosystem occurred, negatively impacting both TerraUSD and LUNA. This article was written before the event, so before reading it, we encourage you to learn more about the situation and stay updated. In general, Young Platform articles are intended for informational purposes only and do not constitute financial advice.

 

What is Terra?

Terra is a blockchain for global and decentralised payments. Numerous decentralised financial services and stablecoins are based on the Terra blockchain.

Terra-based stablecoins, such as UST and KRT, maintain their peg to the US Dollar and Korean Won thanks to an algorithm.

This means that they do not need to be backed by reserves of any kind, with the complications this would entail.

How does LUNA work?

LUNA is the main cryptocurrency of the Terra blockchain. In order to contribute to the blockchain, participate in governance and stake on Terra, it is necessary to have LUNA.

These many functions of LUNA encourage its demand in the market.

Why has Young Platform decided to list it?

From August 15th to 21st the price of LUNA went from around $16 to the all-time-high of around $36, making headlines on any crypto news website.

Terra (LUNA) is now ranked 16th on the cryptocurrency market.

Tomorrow, September 9th, Terra will launch an update to its blockchain (Columbus-5) that will add new DeFi features.

 

Available pairs?

On Young Platform and Young Platform Pro you can buy and sell LUNA with the following pairs:

  • LUNA/EUR
  • LUNA/USDT

 

Want to know more?

Read our article about Terra on Young Academy!

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Chiliz (CHZ) lands on Young Platform Pro!

You can now buy, sell and store Chiliz (CHZ) on Young Platform Pro!

What is Chiliz?

Chiliz is an Ethereum-based project that combines cryptocurrencies and sports. Through its platform, Socios.com, it allows fans of different sports to influence certain decisions regarding their favourite team and gain exclusive advantages.

How does CHZ work?

CHZ is the official cryptocurrency of the Chiliz blockchain and the Socios.com app. Fans buy CHZ in order to be able to buy Fan Tokens issued by their favourite team, so they can vote in the surveys that the team publishes on the app.

Why has Young Platform decided to list it?

The world of cryptocurrencies and blockchain is gaining momentum in sport, especially in soccer.

Just think about club NFTs, prediction markets on blockchain, think about how many clubs are entering into partnerships with exchanges.

The idea of making fans part of the life of their teams is transformed with Chiliz into a very simple and practical blockchain use case for sports fans!

Available pairs?

Chiliz (CHZ) is available for purchase and sale on Young Platform Pro with the following pair:

  • CHZ/EUR

Want to know more?

Read our article about Chiliz on the Young Academy!

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Cardano (ADA) lands on Young Platform!

cardano

As of today you can buy, sell and store Cardano (ADA) on Young Platform!

What is Cardano?

Cardano is a third-generation blockchain whose technology is based on peer-reviewed academic research.

Its blockchain is governed by the Proof-of-Stake mechanism, a transaction validation method that requires low energy consumption and has a highly scalable structure. At the end of its roadmap, Cardano will support smart contracts and fully decentralised governance.

How does ADA work?

Cardano’s native cryptocurrency is ADA, which supports staking, i.e. it can be used to earn rewards regularly.

Cardano has created 2 wallets for ADA, one is Daedalus, which allows you to participate directly in the blockchain by downloading its history. The second is Yoroi, which is lighter and can also be used as an app.

Why has Young Platform decided to list it?

Cardano (ADA) is the 5th cryptocurrency on the market, but during the year it was also 3rd, quickly climbing the rankings by market capitalisation.

Since the end of 2020, its price has risen very quickly, also thanks to the new possibility of staking in an increasingly accessible way.

Cardano is also a very structured project, both in terms of management and the long-term sustainability of its technology.

Available pairs?

On Young Platform and Young Platform Pro you can buy and sell Cardano with the following pairs:

  • ADA/EUR

Want to know more?

Read our article about Cardano on Young Academy!

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1inch (1INCH) lands on Young Platform Pro!

You can now buy, sell and store 1inch on Young Platform Pro!

What is 1inch?

1inch is a decentralised exchange aggregator, which is a kind of search engine that finds the lowest cryptocurrency prices to enable convenient trades for traders.

1inch also offers a yield farming feature, that allows to stake cryptocurrencies and receive regular rewards.

1inch is backed by a Foundation and its network is governed by a DAO, which is a fully decentralised and automated organisation.

 

How does 1INCH work?

1INCH is the governance token, which means that by staking your 1INCH tokens you can participate in votes regarding the functioning of the network. In addition, it can be used in Yield farming features to obtain regular rewards.

 

Why has Young Platform decided to list it?

1inch is one of those projects that the DeFi industry has been waiting for and needs. It is the first decentralised exchange aggregator on the market and offers state-of-the-art functionalities.

 

Available pairs?

On Young Platform Pro you can buy and sell 1inch with the following pair:

  • 1INCH/USDT

 

Want to know more?

Read our article on 1inch on the Young Academy!

 

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Tezos (XTZ) lands on Young Platform!

You can now buy, sell and store Tezos (XTZ) on Young Platform!

What’s Tezos?

Tezos was conceived by Arthur and Kathleen Breitman in 2014 and launched in 2017. It belongs to the ICO generation, but this was not just any ICO. It raised $232 million, which was a record for that year.

Tezos is one of the first alternative projects to Ethereum to appear on the market. It offers a smart contract protocol and a native token standard. Another distinctive feature of Tezos is its consensus and validation mechanism, the Liquid Proof-of-Stake.

How does XTZ work?

The role of the XTZ token is to maintain and keep the Tezos network running. XTZ owners can open a node and vote on protocol updates, or delegate their vote.

Why has Young Platform decided to list it?

Tezos’ native protocol provides a solid and secure basis for the development of smart contracts, driving all the derived technologies and foundational functionalities of DeFi. The Tezos Foundation supports the project in all its aspects and in particular offers regular grants to its developers.

Available pairs?

On Young Platform and Young Platform Pro you can buy and sell Tezos with the following pairs:

  • XTZ/EUR

Want to know more?

Read our article on Tezos on the Young Academy!