The crypto market recently slowed down a bit, with BTC dropping back to around 115.8k. This pullback made me decide to buy more and add some new tokens to my portfolio.
I saw that DePHY is getting a lot of attention, so I looked into it. It?s a project that helps people build apps for real-world devices, like smart home gadgets, using blockchain. The goal is to make this easier and cheaper. DePHY gives developers free tools, like hardware designs, secure ways for devices to talk to each other, and features that speed up building apps by more than 95%. It wants to create a system where devices can work together without a central company in control. This is useful for things like smart cities or tracking items in the supply chain.
DePHY recently finished its Testnet, showing it can sync fast (in about 500 milliseconds). Now it?s moving to its Mainnet Beta with an upgrade process that will take 10 days. The project also launched its token, PHY, on top exchanges like Bitget, Binance alpha also along with some giveaway events. It has a staking system through Fragmetric, where users can earn rewards by helping keep the network secure.
DePHY is also building a community through an Ambassador Program. They choose people from different countries to help promote the project. By making development easier and cheaper, DePHY gives developers and businesses a way to build safe, decentralized systems for real-world use. It helps bring Web3 and smart devices closer together.
Might be something worth keeping an eye on during this bull run.
Linkback: https://www.forex.zone/coins-and-tokens/20/tokens-im-exploring-this-weekend/4704/