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Harmony ONE coin is one of those cryptocurrency projects that are built by a skilled set of people who failed to market themselves to the end-user. The project was under the shadows for a long period of time. Despite the slow start, it has slowly made its way up into the list of top 75 coins by market cap, reflecting a steady rise in value.
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Launched in 2017, Harmony is a blockchain platform that aims to solve scalability issues through sharding. Harmony’s token ONE trades at $0.075 per token with a circulating supply of 10 billion and a total market cap of $750 million. What Is Harmony (ONE)?
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What is Harmony ONE – Everything You Need to Know (2021 .
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One of its applications is NFT. Harmony says, there are 2 312 artists who have made $602 000 in their NFT art sales so far. Harmony states that its mainnet runs ETH apps with just two seconds of transaction speed and a hundred times lower gas fee. Besides being a cross-chain, Harmony ONE coin’s blockchain is Proof-of-Stake. That means few things:
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One Harmony (ONE) is currently worth $0.19 on major cryptocurrency exchanges. You can also exchange one Harmony for 0.00000410 bitcoin (s) on major exchanges. The value (or market capitalization) of all available Harmony in U.S. dollars is $2.18 billion.
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Launched as part of the initial exchange offering (IEO) on the Binance Launchpad in May 2019, Harmony (ONE) is a decentralized blockchain platform designed as a bridge between scalability and decentralization efforts. Its development went under the motto of “decentralization at scale” with the focus on data sharing and the creation of marketplaces of fungible tokens and non-fungible assets.
What is Harmony ONE Coin Is it the hidden crypto gem?
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Harmony aims to become a top crypto network known for its speed and effectiveness, and it’s currently on track to achieve that. The platform stays true to its promise of inexpensive gas and transaction fees. As with every other token and platform, ONE will become more valuable as Harmony gains more mainstream acceptance.
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The cryptocurrency world has always struggled with decentralization at the expense of transactional output and security. Yet, one project called Harmony (ONE) stands out in its technical implementation of sharding and a unique proof-of-stake consensus method which will soon prove to be milestone for the blockchain industry. Here’s what you need to know about what sets Harmony apart.