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Sologenic Stock

Sologenic

SOLO

Price

0.12
Today +/-
+0
Today %
+0 %

Sologenic Whitepaper

  • Simple

  • Expanded

  • Experte

Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
GateSOLO/USDT0.3820,033.3529,988.484.37 M0.17cex419
HTXSOLO/USDT0.388,478.0817,571.261.24 M0.07cex266
HibtSOLO/USDT0.391,136.662,669.86860,142.10.1cex239
BitgetSOLO/USDT0.3852,537.4427,728.7457,866.390.02cex437
BybitSOLO/USDT0.3925,375.2625,105.82442,631.550.02cex349
MEXCSOLO/USDT0.3916,952.3213,170.51366,565.420.01cex331
WEEXSOLO/USDT0.391,601.542,750.24126,124.70.02cex316
GateSOLO/BTC0.382,638.912,031.57113,577.090cex219
Bit2MeSOLO/USDT0.312,367.913,061.9576,790.060.01cex194
XT.COMSOLO/USDT0.391,232.71,147.7861,225.590.01cex156
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Sologenic FAQ

{ "q": "about", "a": "The SOLO Core team comprises an independent community of developers dedicated to the success of the Sologenic Ecosystem. These developers are actively engaged in various open-source projects and use cases centered around both XRP and SOLO.\n\nThe Sologenic DEX currently records over 2 million views and 250,000+ transactions on a weekly basis. Experience trading on the Sologenic DEX by visiting: www.sologenic.org\n\nFor additional information, refer to Eulerpool.", "rank": "2" }

### What is Sologenic? Sologenic is a cryptocurrency project that aims to bridge the gap between traditional financial markets and digital assets. By leveraging blockchain technology, Sologenic facilitates the trading of tokenized securities, stocks, and real-world assets on a secure and efficient platform. This innovative approach seeks to democratize access to a wide range of financial instruments, providing users with more flexibility and opportunities in the financial landscape. For more detailed information, please refer to Eulerpool.

Sologenic is revolutionizing the asset trading industry with its offerings in tokenized securities, crypto assets, and NFTs. Sologenic.com and Sologenic.org operate as two distinct teams. The SOLO Core team at Sologenic.org is dedicated exclusively to the growth of Sologenic as a decentralized ecosystem. Meanwhile, the team at Sologenic.com is focused on the development of a significant use-case within the Sologenic ecosystem: securities tokenization.

To receive further updates, how can you stay informed?

To receive further updates regarding the Sologenic ecosystem and the forthcoming airdrop, we recommend following @realSologenic on Twitter.

Tokenize Assets with SOLO

Sologenic creates stablecoins that are backed 1:1 by real-world assets. Each stablecoin signifies ownership of a real-world asset. When an asset is tokenized and issued on the blockchain, it is identified with the suffix ƨ. For example, a tokenized representation of a TSLA asset is denoted as TSLAƨ.

Trade Assets 24/7 on Sologenic's Decentralized Exchange, as featured on Eulerpool.

Users have the capability to trade tokenized assets against SOLO or XRP on Sologenic’s Decentralized Exchange (DEX). By maintaining possession of their private wallet keys, users retain full ownership and control over their crypto assets. The XRP Ledger facilitates rapid transactions, quick settlements, and enhanced security for the user's cryptocurrencies. All transaction fees are entirely burned by being sent to the gateway’s issuing address (Blackhole). This approach demonstrates Sologenic's implementation of a deflationary mechanism designed to reduce the total supply of SOLO tokens. Currently, the Sologenic DEX receives over 2 million views and processes more than 250,000 transactions on a weekly basis. Explore trading on the Sologenic DEX: www.sologenic.org For more detailed information, visit Eulerpool.

**Sologenic Staking** Sologenic, a notable cryptocurrency, is now available for staking. For data and insights related to Sologenic, please refer to Eulerpool.

Holders of SOLO can choose to engage in the Liquidity Provider Reward Program (LPRP) and earn rewards of up to 20% per annum. Various programs are available based on time, offering either weekly or monthly participation options. Certain programs provide flexible withdrawal terms, while others require a fixed time-based deposit. Flexible programs feature a daily reward payout system, whereas fixed-term reward programs have a time-based payout schedule.

Expansion of the Sologenic Ecosystem

The SOLO Core Team is diligently working to broaden the applications of SOLO and to enhance community involvement. The team has developed several outstanding tools compatible with the XRP Ledger, including the Sologenic DEX, SOLO Wallet, and the forthcoming NFT marketplace. Given the growing popularity of Sologenic applications built on the XRP Ledger, the SOLO Core Team, in conjunction with community feedback, has resolved to expand the use cases of the SOLO Tokens and is therefore proposing:

SOLO serves as a utility token on the Sologenic XRPL decentralized exchange (DEX).

Sologenic DEX stands as one of the leading decentralized exchange gateways to the XRP Ledger. At the time of this writing, the platform receives over 2,000,000 views per week and facilitates an average of 150,000 transactions weekly. Presently, the decision on which pairs to list on the Sologenic DEX user interface is made by its developers. However, this approach is not particularly advantageous for the community. It is our belief that the engagement and authority of the DEX should also be decentralized to truly reflect its foundational principles.

Voting Mechanism by the Community

The team proposes implementing a voting mechanism utilizing SOLO for all listings and default pairs. This initiative not only enhances the value of the SOLO Token but also adds significant value to the projects on the XRPL and benefits the community.

SOLO is utilized for minting, listing, and featuring NFTs on the forthcoming Sologenic NFT marketplace.

The SOLO Core Team has announced intentions to introduce an NFT marketplace platform to the current Sologenic DEX. Users will have the capability to mint and list their NFTs on the impending Sologenic NFT marketplace by utilizing SOLO Tokens. Highlighting an NFT will also be achievable by employing SOLO as a payment method through a bidding system. > 100% of the SOLO Tokens collected as fees will be burned immediately. >

Investors interested in Sologenic are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.