AGRS

Overview of Agoras Tokens(AGRS)

Agoras Tokens (AGRS) is a type of cryptocurrency that operates on the Omni Layer platform of the Bitcoin blockchain. It is the native currency of the Tau-Chain platform and represents a unique proposition in the crypto space with its focus on knowledge economy. In this economy, users can trade and buy knowledge directly. These tokens have a maximum supply of 42 million, according to the project's specifications, and are used to facilitate transactions within its network.

Pros and Cons

What Makes Agoras Tokens(AGRS) Unique？

Agoras Tokens (AGRS) bring distinct innovation to the cryptocurrency landscape through its focus on the knowledge economy. Unlike typical cryptocurrencies that function primarily as decentralized digital currencies, AGRS serves as the medium of exchange within the Tau-Chain platform, a place where the trading and sharing of knowledge and services occur. It is dedicated to fostering transactions of knowledge-based commodities.

How Does Agoras Tokens(AGRS) Work？

Agoras Tokens (AGRS) operate on the Omni Layer platform, which exists on top of the Bitcoin blockchain. Omni Layer is a protocol that enables the creation and trading of custom digital assets and currencies. It is also involved in communications protocol on the Bitcoin network which allows for the exchange and interaction with smart-contract like properties.

AGRS serves as the medium of exchange in the Tau-Chain platform. Tau-Chain is a decentralized “Knowledge as a Service” platform, where users can share, buy, and trade knowledge directly using AGRS tokens. Knowledge authors can price their knowledge, creating a marketplace for information and services.

The operational principle of AGRS revolves around facilitating this knowledge economy. The idea is to incentivize knowledge creation and sharing by offering a medium of trade (the AGRS tokens) that can quantify and value the knowledge exchanged on the Tau-Chain network. The Tau-Chain and Agoras tokens are symbiotic in this respect.

Exchanges to Buy Agoras Tokens(AGRS)

Several cryptocurrency exchanges offer Agoras Tokens (AGRS) for trading. Below are some of them:

1. Bittrex: Based in the United States, Bittrex is a leading cryptocurrency exchange that offers a wide variety of trading pairs. For AGRS, Bittrex currently supports AGRS/BTC trading pairs.

2. UpBit: UpBit is a South-Korean digital asset exchange. It offers a variety of trading options, including AGRS. The primary trading pair involving AGRS on UpBit is also AGRS/BTC.

3. CoinAll: CoinAll is a digital asset exchange platform designed to offer its users safe and comprehensive digital currency trading services. The main AGRS trading pair on CoinAll is AGRS/BTC.

How to Store Agoras Tokens(AGRS)？

Agoras Tokens (AGRS) can be stored in any wallet that supports Omni Layer protocols because AGRS is built atop the Omni Layer platform on the Bitcoin blockchain. Here are few options:

1. OmniWallet: This is a web-based wallet designed to store and manage digital assets and currencies built using the Omni Layer protocol, including AGRS. Being online, it's accessible anywhere with an internet connection.

2. Ledger Nano S: Ledger Nano S is a type of hardware wallet, which is considered a highly secure option for storing cryptocurrencies. To store AGRS, users need to install the Omni app on the Ledger Nano S to interact with Omni Layer assets.

3. Trezor: Another type of hardware wallet, the Trezor, is capable of storing Omni protocol-based tokens like AGRS. Just like with Ledger Nano S, users need to use it in conjunction with a web-interface that can interact with the Omni Layer.