Gaming Token: $HIPHOP will launch on Binance (BNB), Polygon (MATIC) & Ethereum (ETH) leading up to our hip hop festival August 11th, 2023 to celebrate Hip Hop turning 50 years old and the launch of the HIPHOP.GAME.
Community Token: Trade $ETH, $MATIC or $BNB for $Join Coin and collect the cryptocurrencies that power our community.
Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether (ETH or Ξ) is the native cryptocurrency of the platform. Among cryptocurrencies, Ether is second only to Bitcoin in market capitalization.
Ethereum was conceived in 2013 by programmer Vitalik Buterin. Additional founders of Ethereum included Gavin Wood, Charles Hoskinson, Anthony Di Iorio and Joseph Lubin. In 2014, development work began and was crowdfunded, and the network went live on 30 July 2015.
Ethereum allows anyone to deploy permanent and immutable decentralized applications onto it, with which users can interact. A series of upgrades called Ethereum 2.0 includes a transition to proof of stake and aims to increase transaction throughput by using sharding.
Polygon is a network of secure Layer 2 (L2) solutions and autonomous sidechains. It aims to increase Ethereum scalability and reduce transaction costs. In addition to its own developments Matic PoS Chain and Matic Plasma Chains, Polygon will support Optimistic Rollups, ZK-Rollups and Validium.
The platform’s test network went live in October 2017 under the name Matic Network. The Polygon Network has four co-founders: Jainti Kanani, Sandeep Nailwal, Anurag Arjun, Mihailo Bjeli.
The founders see Polygon as a solution to the problems of scaling and increasing the efficiency of blockchain networks. The Polygon team created the Plasma Chains scaling model and the Ethereum Matic PoS Chain sidechain based on Proof-of-Stake (PoS). Over time, this sidechain has become a popular scaling option for various applications. In April 2019, the company conducted an IEO of the MATIC token and raised $5.6 million. In February 2021, the developers of Matic Network changed the name of the project to Polygon.
Binance is a cryptocurrency exchange which is the largest exchange in the world in terms of daily trading volume of cryptocurrencies. It was founded in 2017 and is registered in the Cayman Islands.
Binance was founded in 2017 by Changpeng Zhao, a Chinese developer who had previously created high frequency trading software.
Throughout its history, the company has launched two cryptocurrencies which it developed itself: Binance Coin (BNB), launched June 2017, and Binance Smart Chain (BSC), launched September 2020. Binance Smart Chain operates using "Proof of Staked Authority", a combination of proof of stake and proof of authority. It has 21 approved validators. As of 2021, Binance Coin was the cryptocurrency with the third highest market capitalization. Binance allows its users to pay fees on its exchange with Binance Coin. BSC supports smart contracts and is compatible with the ethereum virtual machine (EVM).