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Adappter Token

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Discover Adappter Token's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Adappter Token?

Adappter Token (ADP) is a cryptocurrency operating on the Ethereum platform (ERC20) and serves as a key currency within the Adappter ecosystem. It aims to facilitate fair distribution and profit sharing among individuals, companies, and users through its blockchain-based platform.

How is Adappter Token used?

The Adappter Token (ADP) is the key currency within the Adappter ecosystem, which operates on the Ethereum platform (ERC20). It serves several purposes:

  1. Conversion of AP: ADP can be converted from AP, which is received as compensation for partner contents. This conversion will continue for 20 years.

  2. Payment Functions: In the future, ADP will provide real-life payment functions for purchasing goods, items, and products.

  3. Reward System: All members of the Adappter ecosystem are rewarded with ADP based on their contributions, creating value within the ecosystem.

  1. Adappter Wallet: ADP is used in the Adappter Wallet, which allows users to safely send and receive digital assets such as various crypto assets and NFTs.

Overall, ADP plays a central role in facilitating transactions and rewarding users within the Adappter ecosystem.

How do I store Adappter Token?

To store Adappter Token (ADP) tokens safely, it is recommended to use a cold wallet, which is a wallet that is completely offline. This type of wallet ensures that your coins or tokens are protected from potential online threats. Additionally, you can use multi-asset wallets like Atomic Wallet, which supports over 1,000 coins and tokens, including ADP. These wallets provide features such as private key encryption, 24/7 support, and no registration or KYC requirements.

How to buy Adappter Token?

To buy Adappter Token (ADP) tokens, you can follow these steps:

  1. Find a Reliable Exchange: Look for a trusted centralized exchange like Binance, where you can purchase ADP tokens. You can refer to CoinMarketCap for a list of exchanges that support ADP.

  2. Create an Account: Sign up for an account on the chosen exchange, following their registration process.

  3. Deposit Funds: Deposit the necessary funds, such as stablecoins or other cryptocurrencies, into your exchange account.

  1. Find the ADP Trading Pair: Locate the ADP trading pair on the exchange, such as ADP/USDT or ADP/BTC.

  2. Place an Order: Place a buy order for the desired amount of ADP tokens. You can choose from different order types, such as market orders or limit orders, depending on your trading strategy.

  3. Transfer ADP to Your Wallet: Once your order is executed, transfer the ADP tokens to a secure wallet like Atomic Wallet, which supports ADP and over 1,000 other cryptocurrencies.

  1. Manage Your ADP: Use your wallet to manage your ADP tokens, including buying, selling, and swapping them with other cryptocurrencies.

Remember to always follow best practices for securing your cryptocurrency assets and to consult with a financial advisor if needed.

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History of Adappter Token

The Adappter Token (ADP) is a cryptocurrency and an Ethereum token that was added to the market about 3.2 years ago. It operates within the Ethereum platform (ERC20) and serves as a key currency in the Adappter ecosystem.

Adappter Token was initially part of the "Houjaeki" service, which provided real-time data on favorable factors. This service was later expanded to include the "Adappter" service, offering various blockchain information and live content. The Adappter service has gained significant traction, with around 50,000 users who are interested in blockchain technology.

The ADP token can be converted from AP, which is received as compensation for partner content. This conversion process is set to continue for 20 years. In the future, the token is expected to provide real-life payment functions for purchasing goods and products.

Historical data for Adappter Token is available on various platforms, including CoinMarketCap, CryptFolio, TokenInsight, CoinCarp, and Yahoo Finance. These platforms provide detailed charts and information on the token's price, volume, market capitalization, and other valuable metrics.

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How Adappter Token works

Adappter Token (ADP) is a cryptocurrency that operates within the Ethereum platform (ERC20) and serves as the key currency in the Adappter ecosystem. The token is designed to facilitate real-life payments for goods, items, and products within the ecosystem. Here's how it works:

Ecosystem Overview

The Adappter ecosystem is built on blockchain technology, aiming to create a fair and trustworthy environment where users and partners can coexist and benefit from each other. The ecosystem includes various services such as blockchain information, live content, and a wallet, catering to approximately 50,000 users interested in blockchain technology.

Token Functionality

ADP tokens can be used for real-life payments to purchase goods, items, and products within the Adappter ecosystem. Users can obtain ADP tokens by converting AP, which is received as compensation for partner content. This conversion process will continue for 20 years.

Wallet and Storage

Adappter offers an official wallet service, Adappter Wallet, which allows users to safely send, receive, and manage digital assets such as various crypto assets and NFTs. The wallet also supports blockchain-based services like DApps and game item management. Additionally, users can store their ADP tokens in other compatible wallets like Atomic Wallet, which supports over 1,000 coins and tokens.

Security and Consensus

The Adappter network utilizes a proof-of-work consensus mechanism to ensure the security and integrity of transactions within the ecosystem.

Distribution and Circulation

There is a total issuance of 10 billion ADP tokens. At the time of writing, approximately 250 million ADP tokens are in circulation. Adappter has burned 5 billion ADP tokens to rebalance the token distribution.

Availability and Trading

ADP tokens are listed on several exchanges, including Bithumb Korea, and can be traded for other cryptocurrencies or fiat currencies.

In summary, Adappter Token (ADP) is a cryptocurrency that operates within the Ethereum platform, facilitating real-life payments and transactions within the Adappter ecosystem. It is supported by a robust wallet service and is available for trading on various exchanges.

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Adappter Token's strengths

The Adappter Token (ADP) has several strengths that make it a unique and promising cryptocurrency project.

Firstly, ADP is a utility token that serves as the key currency within the Adappter ecosystem, which aims to revolutionize the way businesses and individuals collaborate and exchange value. This ecosystem is built on blockchain technology, ensuring transparency, security, and decentralization.

Another significant strength is the token's versatility. ADP can be used to access various features and services on the platform, including smart contracts, decentralized applications, and data sharing. Additionally, it can be converted from Activity Points (AP), which are earned by users for engaging with content, and can be exchanged for fiat currencies or Adappter Pay (APay).

The Adappter platform also provides a solution that promotes fairness, sharing, and trust among its users, focusing on increasing the value of all members. This spirit of cooperation and mutual benefit can foster a strong community around the token.

Furthermore, the Adappter service, which provides blockchain information and live content, has already gained a significant user base of around 50,000 users, indicating a strong foundation for the token's adoption.

Lastly, the token's technical score is strong, with InvestorsObserver giving it a score of 72, indicating a positive short-term outlook.

Adappter Token's risks

Adappter Token (ADP) is a cryptocurrency that operates within the Ethereum platform (ERC20) and serves as the key currency in the Adappter ecosystem. It is used to convert Activity Points (AP) received as compensation for partner content into a usable currency. The token aims to provide real-life payment functions for purchasing goods and services in the future.

The Adappter ecosystem is designed to reward participants for their contributions, fostering a "joyful world" where every moment enjoyed within the ecosystem holds value. The ecosystem is expanding through connections and access to various content, supported by its reward-based Software Development Kit (SDK) and league system. All members are rewarded with Adappter Tokens (ADP) based on their contributions, which serve as the foundation currency of the ecosystem.

However, investing in Adappter Token (ADP) involves financial risks. It is essential to assess your risk tolerance and consult an independent financial adviser prior to making any investment. The value of ADP can fluctuate, and market conditions can be unpredictable. Additionally, the cryptocurrency market is known for its volatility, which can result in significant losses if not managed properly.

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Did Adappter Token raise funds?

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Adappter Token's ecosystem

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Adappter Token’s team

  • Hyosang Kim (Justin Kim): Co-founder and CEO of SINEST, the company behind Adappter. He has a degree in game science and is involved in various roles, including the Mobile Game Industry Association and the Korea Blockchain Contents Association.
  • Kyungtae Shin (Kay Shin): Co-founder and chairman of SINEST. He has a degree in embedded system engineering and is involved in roles such as development mentor at SK startup and representative of Providel.

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