Market Cap: $3.3826T 2.180%
Volume(24h): $148.9806B -17.570%
  • Market Cap: $3.3826T 2.180%
  • Volume(24h): $148.9806B -17.570%
  • Fear & Greed Index:
  • Market Cap: $3.3826T 2.180%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$103543.459369 USD

1.56%

ethereum
ethereum

$2633.470092 USD

7.94%

tether
tether

$0.999999 USD

-0.02%

xrp
xrp

$2.549560 USD

3.65%

bnb
bnb

$662.515805 USD

2.61%

solana
solana

$179.658185 USD

6.08%

usd-coin
usd-coin

$0.999912 USD

-0.02%

dogecoin
dogecoin

$0.237120 USD

6.88%

cardano
cardano

$0.816978 USD

3.56%

tron
tron

$0.272018 USD

3.15%

sui
sui

$3.964909 USD

2.47%

chainlink
chainlink

$17.197951 USD

5.41%

avalanche
avalanche

$26.135043 USD

9.60%

stellar
stellar

$0.309763 USD

2.83%

shiba-inu
shiba-inu

$0.000016 USD

5.75%

Cryptocurrency News Articles

Comparing OpenFundNet's Token Features to XRP, Kaspa, and Cardano - Who Does It Better?

May 14, 2025 at 06:15 pm

Gone are the days when speculation alone could carry a project. In the 2025 cycle, it's all about what a token does.

Comparing OpenFundNet's Token Features to XRP, Kaspa, and Cardano - Who Does It Better?

OpenFundNet is a new cryptocurrency project that is aiming to revolutionize the way that crowdfunding is done. The project is powered by the $OFN token, which is used for a variety of purposes within the OpenFundNet ecosystem. In this article, we will be taking a look at the $OFN token and comparing it to other major altcoins such as XRP, Kaspa, and Cardano. We will also be examining what makes the $OFN token unique and how it is designed to contribute to the growth of the OpenFundNet platform.

What is OpenFundNet?

OpenFundNet is a decentralized crowdfunding platform that is being built on a new blockchain. The platform is designed to provide a more efficient and transparent way for people to raise and invest in funds. OpenFundNet is also focused on supporting the development of new technologies and projects that can have a positive impact on the world.

The OpenFundNet platform is still under development, but it is already showing promise as a new and innovative way to fund projects. With its unique tokenomics and multi-role token, OpenFundNet is sure to be a project to watch in the coming year.

$OFNT Token Sale | Buy $OFNT Now!

Comparing Token Roles: A Broader Utility Spectrum

Each major altcoin has leaned into one core utility.

XRP is used for bridging currency and liquidity in RippleNet’s ecosystem, focusing on fast, low-cost cross-border payments. Kaspa’s KAS token is used to reward miners and secure a lightning-fast DAG-based chain. ADA, Cardano’s token, plays roles in staking, governance, and DApp interaction—but largely within the network’s academic and slow-rollout framework.

Then there’s OpenFundNet’s $OFN, a token designed from day one to serve multiple roles in a decentralized crowdfunding ecosystem. It’s not just a payment token or staking asset. It’s baked into every layer of the platform—from backing campaigns to validating them, to shaping governance decisions.

A Dual Reward Engine That Changes the Game

OpenFundNet’s reward system is where things start to stand out. Unlike many chains that reward only validators or stakers, OpenFundNet splits emissions between validators and backers, two pillars of its funding model.

Backers who support campaigns get daily token emissions as incentives. Validators who approve and rank honest campaigns are similarly rewarded based on accuracy and trust metrics. This dual-track mechanism means users don’t just speculate, they earn for contributing real value.

XRP and ADA might offer staking-like rewards or validators’ fees, but none reward backers for actual on-chain participation. It’s a smarter model built around merit, not just capital weight.

2,700,000 Tokens a Day, and Why That’s a Strength

Token emissions are often viewed with skepticism, especially in an era of inflationary fears. But OpenFundNet’s 2,700,000 daily tokens are structured to promote platform growth without long-term dilution.

Here’s the key difference: emissions go directly to ecosystem participants. There are no bloated treasury wallets or foundation hoards. The emissions create active liquidity and community engagement, not passive inflation.

Kaspa and Cardano also use structured emissions, but OpenFundNet’s model feels more aligned with early-stage platform building—it fuels the very behavior that makes the protocol better.

Deflation in the Right Places

OpenFundNet isn’t just about emissions. The project includes deflationary mechanics designed to slowly reduce circulating supply over time. Tokens are burned from campaign fees, validator misbehavior, or governance votes.

This creates a long-term scarcity curve that adds weight to early accumulation. Unlike XRP, which is heavily pre-mined and still has large token reserves in escrow, or ADA with relatively slow token reduction, OpenFundNet’s model moves toward scarcity through usage, not just holding.

Governance That Actually Empowers

Token holders on OpenFundNet aren’t sidelined. With $OFN, users get real governance rights, from selecting validator incentives to approving key platform upgrades. The power isn’t locked away behind whales or insider councils. The model is transparent, with vote-weight mechanisms tied to platform participation.

Cardano introduced a sophisticated governance model, but it’s complex and often slow-moving. Kaspa has minimal governance involvement. OpenFundNet strikes a middle ground, lean, active, and democratic.

Multi-Role Utility That Extends Beyond the Platform

What really elevates OpenFundNet’s token above the rest is its multi-role capacity. $OFN isn’t just for staking or governance, it’s also the core currency for campaign support, validator scoring, community incentives, and future integrations.

That’s a broader footprint than XRP’s payment role, Kaspa’s mining-centric use, or even ADA’s smart contract scope. $

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on May 14, 2025