Asset

Bifrost

BFC
crypto
USD $0.062
stockPerformance -0.00 (-0.27%)
Updated: 12 Jan, 2:38 pm UTC
01 Jan03 Jan05 Jan07 Jan09 Jan11 Jan0.0510.0520.0530.0540.0550.0560.0570.0580.0590.060.0610.0620.063
Description

Bifrost is a cryptocurrency optimised for the gaming and entertainment industry. It is an open source project created by a team of blockchain developers. Bifrost was founded in 2018 with the goal of creating a cryptocurrency that would facilitate faster, cheaper, and more secure transactions between gamers and entertainment providers.

Bifrost's core technology is built on the Ethereum blockchain, and its consensus mechanism is based on a proof-of-stake algorithm. Bifrost has an inflationary tokenomics model, meaning that the supply of Bifrost tokens increases as more tokens are staked and used for transactions. Bifrost has achieved a number of milestones since its launch, including a successful initial coin offering, and has been adopted by many gaming and entertainment platforms. With its focus on providing fast, secure, and low cost transactions, Bifrost is paving the way for the future of gaming and entertainment transactions.