Coinbase Sparks Low-Cap Altcoin Explosion After Adding Support for New Solana (SOL)-Based Token
The biggest crypto change platform by quantity within the US is out of the blue including help for a brand new Solana-based (SOL) token.
In accordance with Coinbase, Coinbase is adding help for Entry Protocol (ACS), a brand new content material monetization crypto challenge constructed on prime of the sensible contract platform Solana.
Coinbase says that prospects will have the ability to begin buying and selling the digital asset on February fifteenth if correct liquidity circumstances are met.
Entry Protocol is a Web3 protocol that goals to grant content material creators and publishers the power to create their very own customizable paywall, in line with its web site.
The protocol works by permitting shoppers to pool ACS tokens with one another and creators to realize entry to their content material, which provides everybody concerned each day rewards.
Moreover, shoppers don’t hand over possession of their tokens by subscribing to a creator and are capable of transfer their tokens to new swimming pools as they want.
“Customers subscribe to creator ‘swimming pools’ with the ACS token, unlocking a set of content material or companies decided by the creator. Along with receiving content material, if you subscribe to a creator pool, each you and the creator cut up a each day reward…
On this system, you’ll be able to keep in a pool for as lengthy or as little as you’d like, eliminating the necessity to bounce by means of hoops to cancel your subscription or fear about renewal dates.”
Information of the itemizing sparked a surge in ACS because the token went from $0.00431 to $0.00575 in just some hours, in line with CoinGecko.
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