Article Summary, Automatically Generated By AI
Summary
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Token:
SOURCE (gas and governance token) -
Blockchain:
Standalone, layer 1, proof-of-stake blockchain -
Ecosystem:
Cosmos Hub IBC ecosystem (Interchain) -
Technology:
Cosmos SDK, Tendermint BFT consensus mechanism, CosmWasm Smart Contract Engine -
Features:
Interoperable transactions with other layer 1 Cosmos Hub blockchains, developer-friendly platform -
Use cases:
DeFi apps, NFTs, play-to-earn, metaverse, privacy networks, DeSci, and more
About Source Capital
Source (SOURCE) – The dual-purpose token that fuels the SOURCE Blockchain, governing its ecosystem while facilitating seamless transactions.
SOURCE is a self-contained, layer 1, proof-of-stake blockchain, situated within the Cosmos Hub IBC ecosystem (the Interchain). Leveraging the Cosmos SDK, Tendermint BFT consensus mechanism, and the CosmWasm Smart Contract Engine, SOURCE facilitates seamless interoperability with other layer 1 Cosmos Hub blockchains, thereby providing a developer-centric platform for building innovative applications.
With SOURCE, everyone gains access to a highly efficient, scalable, and interoperable blockchain network, empowering the creation of innovative applications, smart contracts, and tools that propel the Web 3.0 Economy forward. Developers, enterprises, and individuals can now build, integrate, and utilize a vast array of solutions, including DeFi applications, NFTs, play-to-earn platforms, immersive metaverse experiences, privacy networks, decentralized science (DeSci), and much more.