Thread by @austinschless

0/ @Gemini added 7 new DeFi, gaming, NFT, and infrastructure tokens

Here's a high-level summary of each one so you can make an educated investment.

THREAD👇

1/ @Bancor

$BNT

• Allows users to convert different virtual currency tokens directly and instantly instead of exchanging on a crypto exchange
• On-chain liquidity protocol that enables automated decentralized exchange on $ETH
• $1.19B market cap

2/ @1inchextractor

$1INCH

• Automated market maker (AMM) and decentralized exchange (DEX)
• Stake your assets on the protocols and collect governance rewards
• $633.24M market cap

3/ @Loopring

$LRC

• ETH based decentralized exchange protocol that allows users to exchange assets across various exchanges
• Allows for order rings and order sharing
• Order rings allow for ring-matching; a series of trades strung together to fulfill each other's orders

4/ @TheSandboxGame

$SAND

• World where players can build, own and monetize their gaming experiences with NFTs
• Players can create digital assets in the form of NFTs
• World is made up of LAND - digital pieces of real estate - in the Sandbox metaverse that players can buy

5/ @SkaleNetwork

$SKL

• Elastic blockchain network where developers can build decentralized applications
• Etherium-compatible network with a leaderless consensus designed to run on an uncapped number of nodes

6/ @graphprotocol

$GRT

• Data query marketplace built on Ethereum blockchain
• Powers most dApps in the DeFi and broader Web3 ecosystem
• Ex: Uniswap, Synthetix, and CoinGecko

7/ @enjin

$ENJ

• Digital asset token used to directly back the value of blockchain assets
• Built on Ethereum
• Can be bought and sold for fiat currency or other digital currencies