Summer is going to go by quickly. It won’t be long before the crypto bears go back into hibernation. Here are three altcoins for your consideration that might produce massive gains when the bulls start charging again.
The China-bssed NEO blockchain facilitates the development of all types of digital assets and smart contracts, Web3 applications, dapps, DAOs, and much more. It’s often referred to as the Chinese answer to Ethereum. NEO can also be used to link physical assets with a unique digital avatar (user) for purposes of legal protection. Every user on the NEO platform is required to have a unique digital identity (DID) that can be verified.
NEO’s main focus is to develop a digital economy platform that is compliant with all Chinese government regulations. This makes it the leading blockchain to have the potential for mass adoption in China. Any endorsement could light a rocket under the price of the NEO token.
Fantom (FTM) is another blockchain that could potentially see mass adoption and become the backbone of major Web3 platforms. This open-source blockchain is not only blazing-fast and super affordable but it’s also Ethereum-compatible making it highly appealing to Web3 developers.
Projects that are already up and running on the network include several popular DEXs, peer-to-peer lending platforms, yield optimizers, NFT markets, games, cross-chain bridges, and mobile wallets. With more than 200 applications running on the network already, there’s no slowing the growth of this platform.
Investing in Gnox Token isn’t like investing in most other altcoins. The reason being that the value of GNOX is directly tied to a diversified basket of crypto assets. It’s not a platform that anyone can build on. There are no NFTs for sale, no games to play. Everyone’s options are to buy GNOX or sell GNOX. That’s it.
The Gnox platform does one thing and one thing only. It invests holders’ assets into a diversified portfolio of passive income-generating cryptocurrencies. The developers call their strategy, “yield farming as a service.” If the platform does this job well it could create life-chaning wealth for its users without having to spend tons of time researching cryptocurrencies and babysitting investments.
All of the research and analysis is handled by a team of crack DeFi investors. The platform automatically aggregates data on passive income opportunities from across several DeFi platforms and blockchains. Holders can choose as a community which investments are worthy.
Various mechanisms built into the smart contracts assure that the token supply is eternally deflationary (the circulating supply is always shrinking). Also, an after-market royalty assures that the size of the treasury is constantly growing no matter which way the market is headed thus producing more and more passive income over time. And the passive income assures that holders’ stacks are always growing. It’s pretty ingenious, actually.
The Gnox Platform officially launches in mid-August. Meanwhile interested parties can learn more about the project and get in on the presale on the Gnox.io website. Monthly token burns cause the price of the token to rise over time. Plus all unsold tokens will be burned on launch substantially raising the price of the GNOX token. So the earlier you get in the better.
Learn more about Gnox:
Join Presale: https://presale.gnox.io/register
Website: https://gnox.io
Telegram: https://t.me/gnoxfinancial
Discord: https://discord.com/invite/mnWbweQRJB
Twitter: https://twitter.com/gnox_io
Instagram: https://www.instagram.com/gnox.io/
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
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