Cryptocurrency tokens are commonly used as payment option and represent any form of digital currency that exists virtually and uses cryptography to secure transactions.

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The Smart Contract Platform market cap today is $352 Billion, a 2.9% change in the last 24 hours.

Smart contract platforms are usually blockchains that host smart contracts or decentralized applications. Users can interact with different smart contracts on these platforms to perform various actions such as lending and borrowing funds, staking their assets or minting NFTs.

Smart contracts are programs that are stored on the blockchain and are automatically executed when certain conditions are met. To interact with these smart contracts, transaction fees may need to be paid and the amount and asset required will vary based on the platform’s architecture. Usually, the smart contract platform’s native token is used to pay for transaction fees. Some popular examples of smart contract platforms include Ethereum, Solana and Polygon.

Smart Contracts

Top Smart Contract Platform Coins by Market Cap

Telos is a networked ecosystem powering the future economy having established itself as the second most used network by transaction volume for over 2 years according to Blocktivity, an independent blockchain analyst.

Telos has been driving innovation since 2018 and is home to over 100 distinct applications (dApps) attracting well-known companies including Taikai, Qudo, Qubicles, Appics, Wordproof, Seeds, Zeptagram, and NewLife.  These applications enjoy the robust on-chain services that Telos provides for voting, sentiment, decentralized file storage, location and much more.

TLOS is the name of the token that reflects ownership in the Telos network. A TLOS token is used on-chain for staking CPU, RAM, and REX lending resources that power the utility of this powerful network.  Visit us at Telos.net.