TheCryptoUpdates
News

Pac-Man Frog (PAC) and HUH Token Show Potential To Be The Next Solana (SOL)

Pac-Man Frog (PAC) is a new cryptocurrency in the market that aims to be run by its community. It has been developed on the Solana (SOL) platform created for non-crypto and crypto users. PAC is a decentralised autonomous organisation (DOA) by nature and focuses on making a strong community. One of their main goals is to educate and introduce people to the benefits of crypto with the help of Defi space. It promises to provide a single platform for all Defi, GameFi, NFTs, and DAO communities according to their whitepaper. PAC is set out to become one of the most valuable Metaverse tokens.

PAC offers a multichain launchpad that will hold Initial Game Offerings (IGO), Initial Metaverse Offerings (IMO), Initial NFT Offerings (INO), and land sales in the coming future. This is said to help high-quality blockchain games raise funds. Launching for presale, PAC provided the retail buyers an opportunity to get involved in the early stages. The founders and advisers of Pac-Man Frog (PAC) have a proven track record of launching and funding crypto startups that have gained a lot of popularity globally.

PAC provides services like advisory and mentorship for management teams to find the right way to run their game studios. It incubates game entrepreneurs and their respective teams. This helps the users with acquiring skills that are needed to run a blockchain game studio to promote and launch their very first products on a global market. PAC is a gateway to participating in the buying and selling of the most exclusive NFTs. It offers a radical para-thread that will have the ability to communicate with various other heterogeneous chains with its feature of cross-chain interoperability of NFTs.

Through the GameFi NFT marketplace and its simple launchpad, PAC aims to expand the ecosystem by generating more revenue streams for the DAO. The peer-to-peer (P2P) feature, allows anyone with an internet connection to take part. The developers of PAC are anonymous due to safety reasons as they reckon to be targeted in the industry.

 

HUH Token

A promising cryptocurrency was launched last year with decentralised metaverse features where everyone can gain from the data they generate. Data such as information, opinion, images, sound, or any other expression is generated by engagement. This generates value for influencers and users as all this data creates influence. HUH strongly believes that influence is a currency that can be shared not just for profit.

HUH is one of the world’s first “UTIMEME” cryptocurrencies that have the power of meme token within the usage of utility tokens. With the help of the HUH social network and MetHUH, users can be rewarded in HUH for exchanging content and engagement.

Their reflection technology has been used fairly to redistribute rewards through HUH’s growing community. Upon their release of the Play-to-Earn (P2E) Game, 500 influencers were launched along with an NFT drop for presale participants in January. The reflection characteristic allows a part of its transactions among the users to be shared across all wallet holders but this will depend on the percentage of the total supply that they hold.

Are you wondering why the token is named HUH? Well, it seems to be the most commonly used word and has inspired the founders. Common but also unique, how ironic don’t you think?

 

Solana (SOL)

Solana is an open-source blockchain that supports smart contracts like non-fungible tokens (NFTs) and a number of decentralised apps. SOL token provides network security through staking as well as a means of transferring value. Solana was created by Anatoly Yakovenko alongside Raj Gokal in 2017.

 

SOL provides a theoretical throughput of 65,000 transactions a second with almost zero fees. The rise in Defi and NFT users has resulted in the increase of fees on Ethereum which is why many crypto users seek out other options like SOL. According to Coindesk, Solana processes an average of 2700 transactions per second with a peak of around 710,000 transactions per second on a standard network.

 

 

If you are confused as I am about the outage of Solana in the past week, here’s what happened…

For around 8 hours, Solana was fully offline, blocks were not being produced due to high traffic demands from NFTs which resulted in a standstill of transactions. A large number of transactions were initiated by NFT minting bots flooding the network, eventually going down. The volume of these transactions rose up to six million per second which overflew individual odes with 100 Gbps data. The validators then ran out of data memory and the traffic became so intense that it ultimately shut down.

Regardless of the complications, Solana (SOL) is one of the fastest blockchains in the world paving the way and encouraging new cryptocurrencies with their journey.

Keywords – Pac-Man Frog, PAC, HUH, Solana, SOL, DOA, Metaverse, NFT, Blockchain

 

Links –

 

PAC-MAN FROG (PAC)

 

Website: https://pacmanfrog.io/

Twitter: https://twitter.com/PacmanfrogToken

 

HUH Token (HUH)

 

Website: https://huh.social

HUH Official Swap: https://swap.huh.social/

Telegram: https://t.me/HUHTOKEN

Twitter: https://twitter.com/HuhToken

Instagram: https://www.instagram.com/huhToken/

Related Articles

Luxembpurg’s Finance Minister Signals Acceptance of XRP

Akansha Kesarwani

Crypto News: Q1 of 2022

Yashi Mishra

Bitcoin, Dogecoin and Ether Rises, but Solana and Unsiwap Declines: Crypto Price Analysis

Mridul Srivastava