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What are APE, BNB, SAND, GMT and MANA?

Basic information on a variety of blockchain projects.

Updated over 9 months ago

What is ApeCoin (APE)

Basic information:

Token name: ApeCoin (APE)

Issuer: The APE Foundation

Supply: 10 billion tokens

Description:

ApeCoin is an Ethereum-based token governed by ApeCoin DAO, a decentralized autonomous organization (DAO) tasked with making decisions around things like ecosystem fund allocations, governance rules, projects, partnerships and more. ApeCoin DAO focuses on initiatives in building the metaverse. All holders of APE are eligible to be members of ApeCoin DAO.

Important links:

Official website: https://apecoin.com/

What is Binance Coin (BNB)?

Basic information:

Coin name: BNB

Issuer: Binance

Supply: 161,337,261 BNB

Max Supply: 200,000,000 BNB

Description:

BNB powers the BNB Chain ecosystem and is the native coin of the BNB Beacon Chain and BNB Smart Chain. BNB was launched through an Initial Coin Offering (ICO) from June 26th to July 3rd, 2017 - 11 days before the Binance Exchange opened for trading. Although BNB was launched through an ICO, BNB does not provide users with a claim on Binance profits and does not represent an investment in Binance.

Important links:

What is Sandbox (SAND)?

Basic information:

Coin name: SAND

Issuer: The Sandbox ecosystem

Supply: There is a finite supply of 3,000,000,000 SAND

Circulating Supply: 1,258,626,081 SAND

Description:

SAND is the utility token used throughout The Sandbox ecosystem as the basis for transactions and interactions. It is an ERC-20 utility token built on the Ethereum blockchain. The SAND token used for value transfers as well as staking and governance.

Important links:

What is GMT Token (GMT)?

Basic information:

Coin name: GMT

Issuer: STEPN

Supply: The maximum supply of GMTis capped at 6,000,000,000 tokens; Circulating Supply: 600,000,000 GMT

Description:

STEPN (GMT) is a Solana token that governs STEPN, a lifestyle app that encourages users to “move-to-earn.” STEPN users with NFT sneakers can earn GMT by walking or running outdoors. GMT can be used to pay for digital items and upgrades as well as staking and voting on future changes to the platform.

Important links:

Official website: https://stepn.com/

What is Decentraland (MANA)?

Basic information:

Token name: Decentraland (MANA)

Issuer: Decentraland

Max Supply: 1.86 billion tokens

Description:

Decentraland is a virtual reality platform that is powered by the Ethereum blockchain. Its vision is to allow users to create, experience, and monetize content and applications in virtual reality or the metaverse. Decentraland allows users to purchase plots of virtual land where it can be built upon and monetized.

Important links:

Official website: https://decentraland.org/

** Please note that the images and videos displayed here may not always reflect the most current version of the XREX App. For the latest updates, we encourage you to refer directly to the XREX App. **

We are glad to offer more coins and tokens to our users on the XREX crypto-fiat exchange. However, before investing in any cryptocurrencies, it is important to do one’s own research and have a comprehensive understanding as cryptocurrency trading is subject to high market risk.

Happy trading!

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