Nectar was originally launched in 2017 by the Bitfinex spin-off exchange, Ethfinex — a team based out of London, UK — with the purpose of rewarding market makers for the value they create whilst simultaneously serving as the primary voting mechanism, allowing traders to govern the exchange and decide, among other things, which tokens they wish to see listed next. The project was designed to experiment with and develop novel governance processes with the aim of solving pain points seen with centralized exchanges including opaque and costly token listing procedures.
Siacoin ist ein Utility-Token der Cloud-Speicherplattform Sia Network. Sia ist Open Source und Blockchain-basiert. Die Operationen finden auf der Sia-eigenen Blockchain statt. Die Münze wird verwendet, um Speichermiettransaktionen zu bezahlen. Die Münze ist Proof-of-Work-basiert, was bedeutet, dass Siacoin abgebaut werden kann. Eine andere Verwendung für die Münze ist der Handel.