The post 2024 Price Prediction Shows NEAR Protocol and SSV Network Might Recover While Uwerx Presale Makes Ground-breaking Advancements appeared first on Coinpedia Fintech News
The crypto market is filled with thousands of new cryptocurrencies, making it challenging to pinpoint tokens that will significantly benefit its holders and investors. Also, it is difficult for these new tokens to succeed since users and investors are skeptical about purchasing or investing in them.
However, a new crypto Uwerx, will be breaking that barrier and making ground-breaking advancements, and its presale is a testament to this.
Uwerx’s revolutionary features make it likely for the project to quickly supersede old players in the game, such as NEAR Protocol (NEAR) and SSV Network (SSV), which are still trying to recover from the bear market.
NEAR Protocol (NEAR): Enabling The Development Of dApps
NEAR Protocol (NEAR) is a decentralized protocol enabling users to develop decentralized applications (dApps). As a Layer-1 network, NEAR Protocol (NEAR) focuses on reduced transaction costs and higher transaction speed, making it Ethereum (ETH) and Solana’s (SOL) rival.
A critical factor that has enabled NEAR Protocol (NEAR) to achieve these is sharding, a technique in which its blockchain infrastructure is divided into smaller segments. This helps the platform split the work across different validators, improving efficiency and scalability.
Also, NEAR Protocol (NEAR) is on its way to enabling infinite scalability by integrating nightshade, a form of sharding in which the blockchain is divided into smaller chains.
NEAR Protocol (NEAR) still has a long way to go. Its issue is mainly related to governance, as it is believed the platform needs to be fully decentralized to be regulated by SEC. Also, its security is to be questioned. This is because NEAR Protocol (NEAR) reported a hack last year. The bear market took a toll on NEAR Protocol (NEAR), and the token still remains in the dip.
SSV Network (SSV): Building ETH Staking Applications
SSV Network (SSV) is a Layer-0, decentralized staking platform that makes it easier to stake ETH while enabling Ethereum’s (ETH) scalability. SSV Network (SSV) uses the Distributor Validator Technology (DVT) to divide Ethereum (ETH) validators and run them across non-trusting nodes.
Many applications like staking pools and services, solo stakes, and DAOs are primarily favoured by the SSV Network (SSV).
Although SSV Network (SSV) enables Ethereum staking and makes it less complex, the platform has yet to solve its network issues and devise a way to handle the traffic. The SSV token is trading at $25.20 with over 4% decrease in the past 24 hours.
Uwerx (WERX): Revolutionizing The Freelancing Industry
With the freelance economy booming and about 56.7 million Americans freelancing today, technology is needed to ensure complete transparency and cooperation between freelancers and clients. This is where Uwerx will step in as a revolutionary project that will bring blockchain technology to the freelance industry.
Uwerx’s use of blockchain will bring decentralization, protection of intellectual property rights, and a meager transaction fee. Uwerx will charge a 1% service fee, a relatively cheap amount compared to the 10% or 20% set by centralized platforms like Upwork and Fiverr.
Uwerx will also be big on its security. As such, the project has been audited and approved by InterFi Network and SolidProof. Also, its token, WERX, will be used for transactions, adding extra security to the platform.
Uwerx’s presale has gained massive interest from investors, making it a sensation.
The WERX token is currently trading at $0.0225. This is a massive increase from the $0.0225 it previously traded. There will be a further price increase to $0.012 by May 6. Also, due to the increased demand and confidence in the project, Uwerx has revised its launch price. It will now be launching at $0.095 – $0.115. This is an increase from the former $0.09 – $0.11.
The total supply of the WERX token will be 750,000,000, and 57% of this is available at the presale stages. This is a drastic increase from the 45% previously allocated to the presale. This shows that Uwerx is growing faster than we imagined.
The Uwerx team is taking vital steps to ensure the project’s sustainability by renouncing project smart contract ownership as soon as Uwerx launches on centralized exchanges. It will also start a 25-year liquidity lock when the presale ends. More recently, it launched the Uwerx Vault, a feature that allows users to save their tokens for a desired duration.
To further demonstrate they place their users above themselves, Uwerx’s founding team has decided to reduce their token allocation from 8% to 7%. The team is also working hard to release the Alpha version of the Uwerx platform as soon as possible. It will have a clean and simple-to-use interface
Uwerx has a roadmap, and its ongoing presale is perfect for tapping into the project’s endless opportunities. You can gain a 20% discount if you purchase the WERX token now. So, hurry up before the door shuts.
To learn more about Uwerx and the presale, click the links below:
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