Cryptoons (CTOONS) merge art and blockchain, removing the likes of HexCoin (HEX) and Bitcoin SV (BSV) from the crypto landscape

by Arthur · December 12, 2022

Digital assets have rapidly picked up pace in recent years. With the security of blockchain technology, owning and managing digital assets is a smart decision. The issues of ownership, security and availability associated with owning assets have been easily resolved.

Cryptoons (CTOONS), in order to increase the use of digital assets, has observed the need to own and manage comics, manga and online movies digitally. Additionally, they are working on a launchpad exclusively to release comics by storytellers and artists. This idea is new and allows users to discover the wonderful benefits of web 3.0 while doing what they love most, reading. This distinguishes Cryptoons (CTOONS) from HexCoin (HEX) and Bitcoin.

Table of Contents

Cryptoons (CTOON) brings financial opportunities to art lovers

To thrive, new approaches and aesthetics need to be introduced to the world, and Cryptoons is a fresh, creative and inventive platform that understands this well. Noticing the growing popularity of graphic novels, web series, magazines, and other forms of visual storytelling, it’s clear that people want more opportunities to indulge their passion for art. Because of the potential for financial gain for consumers and artists, Cryptoon has chosen to combine the world of art with the blockchain. Non Fungible Tokens (NFT) are made available to artists and animators so that their creations can be protected from unauthorized duplication.

Members of Cryptoon perform actions on the platform using the Cryptoon currency (CTOON). The token serves several purposes, including payment and vote representation. The Covid-19 pandemic sparked a massive interest in comics, animation and visual graphic novels, inspiring the development of the Cryptoon (CTOON) token and its platform.

The Cryptoons team intends to distribute the remaining 30% of tokens (about 3 billion (CTOON) during the presale after allocating 5% (0.5B) to charity. Fifteen percent (or $1.5 billion) will go to advertising , while twenty percent (or $2 billion) goes to charity and community projects.

Hexcoin (HEX) is the original digital proof of deposit

Richard Heart released his cryptocurrency in 2019 called Hexcoin (HEX). Free HEX tokens were distributed to Bitcoin and Ethereum holders a year after the debut of Hexcoin (HEX). Token holders were compensated in unclaimed Hexcoin or tokens on the last day of the launch phase, known as “BigPayDay”. Claims have been made that Hexcoin (HEX), which can be used on the Ethereum network, is the first digital proof of deposit issued using the blockchain.

Holders of a Hexcoin (HEX) can stake it in a block for a certain amount of time. The restrictions on when Hex token holders can cash in will be lifted after this period. As of February 1, 2022, there were about $30 billion worth of hexagonal coins in circulation. Betting causes you to lose your Hex tokens, but earn your T shares. When you invest in HEX over a longer time frame, each T share earns interest daily.

Bitcoin SV (BSV) brings a new processing hardware to the Bitcoin world

Bitcoin Satoshi’s Vision blockchain uses the Bitcoin SV (BSV) cryptocurrency, sometimes known as Bitcoin SV. The Bitcoin Gold network was released in 2018 after a hard fork from the Bitcoin Cash network.

Using specialized processing hardware, Bitcoin SV (BSV) miners compete on the Bitcoin SV network to create new blocks as part of a proof-of-work consensus mechanism. Data blocks of Bitcoin SV (BSV) are 512 megabytes, compared to the theoretical maximum of two to four gigabytes for the larger Bitcoin network.

nChain, a UK-based blockchain technology company, drove the development of Bitcoin SV, and early Bitcoin Cash supporters, including Australian computer scientist Craig Wright and Canadian entrepreneur Calvin Ayre, have voiced their support for the new cryptocurrency.