In retrospect, it was inevitable. SHIB is here.
Starting today you can buy, sell, send and trade Shiba Inu ($SHIB) using your CoinJar Wallet. With CoinJar Card you can even use SHIB to do some last-minute Christmas shopping, which at the very least should give you something to chat about at family lunch.
We’re also adding 6 more tokens to the CoinJar lineup. From music streaming, to layer-2 scaling solutions to AI markets, VPN providers and NFT marketplaces, these coins represent some of the most exciting and innovative projects in the crypto space.
- Shiba Inu (SHIB)
- Fetch.ai (FET)
- Origin Protocol (OGN)
- Cartesi (CTSI)
- Orchid (OXT)
- Quant Network (QNT)
- Audius (AUDIO)
From today, you’ll be able to buy and sell all of these coins on CoinJar, joining the 42 cryptocurrencies that our users can already trade, store, send and spend.
Update your app to get access to the full available range of tokens on CoinJar.
These tokens won’t initially be available for purchase through CoinJar Bundles or on CoinJar Exchange, but will be added in the near future.
Origin Protocol (OGN) is an open-source platform built on the Ethereum network that enables the creation of peer-to-peer NFT marketplaces and other e-commerce applications. Origin’s mission is to bring NFTs to a mainstream audience by allowing anyone with a smartphone and a crypto wallet to participate in the decentralised economy.
OGN is the token that powers the Origin platform and acts as the protocol’s governance token. OGN is used for rewards, commissions, payments, and staking on the network, while holders are able to vote in decisions affecting the rules, fees and strategic direction of the protocol.
Cartesi (CTSI) is a multi-chain layer-2 scaling solution built on top of the Ethereum network. By using what’s known as Optimistic roll-ups to power its smart contracts, Cartesi aims to reduce transaction fees while dramatically improving network performance. CTSI is the primary utility token of the Cartesi network. CTSI is handed out in the form of staking rewards and is used to pay for network fees.
Fetch.ai (FET) is an Ethereum-based system that allows users to train and utilise AI and machine learning agents in a variety of applications. FET is used to purchase access to these computing resources, as well as data sets on the Open Economic Framework, the network’s data marketplace. It is also used to reward stakers who help validate the network.
Orchid (OXT) is creating a decentralised competitor to the $35 billion VPN market, offering users privacy services without the need to trust your data to a single company. OXT is Orchid’s native token. Providers that wish to operate a node stake the OXT token to prove their bona fides on the network and increase their availability to users. Users use OXT to pay for bandwidth (which is based on how much data they actually consume), with the amount being distributed directly to the node operator.
Shiba Inu (SHIB) is an Ethereum-based alternative to Dogecoin (AKA the original memecoin). Launched in 2020 by someone known only as ‘Ryoshi’, SHIB has no real purpose (like DOGE). However being built on Ethereum means that it can be used to create DeFi products like the decentralised exchange (DEX), Shibaswap.
Quant Network (QNT) is the organisation behind Overledger, a proprietary API that allows different DLTs (distributed ledger technologies) to communicate with one another. QNT is the token that powers Overledger, being used to pay for network costs and annual licence fees, as well as being staked to help secure the network. In order to build multi-chain applications (MApps), developers must hold a certain amount of QNT, which is locked up for 12 months.
Audius (AUDIO) is a decentralised music streaming service designed to be an artist-focused alternative to major players such as Spotify and Apple Music. AUDIO is the token that powers the Audius network. Artists can stake AUDIO to improve their rankings, upload music and receive a share of network fees, as well as vote in changes to the Audius protocol and fee structure. AUDIO is also paid out to artists and contributors that contribute the most listened to songs and playlists each week.