With thousands of cryptos in the market, it is easy to neglect new tokens because of the belief that it might take a while before they climb the ladder.
A new crypto, Uwerx, will likely change the narrative with its disruptive features. According to crypto experts and analysts, the project might exceed already established tokens like BinaryX (BNX) and Quant (QNT). This article will discuss why analysts think so.
Uwerx (WERX): A New Utility-driven Token For The Freelancing industry
The freelancing industry has grown significantly in the past few years, especially during the 2020 global pandemic; this growth has continued to date. Research shows the global gig economy might reach $455 billion this year. However, the industry is yet to witness significant technological development, and this is where Uwerx will come in.
Uwerx will be a global freelancing platform that will re-conceptualize the gig economy by integrating blockchain technology and smart contracts. This will enable decentralization and secure and transparent transactions. The volatility of the crypto market has led to a lack of trust in cryptos, especially new ones. To assure users and investors of the credibility, transparency, and security of their funds, the Uwerx team will forfeit smart ownership of the project when taxes are reduced to zero. The project has been audited by InterFi Network and Solidproof. For extra layer of security, transactions will be done with the WERX token.
The WERX token will be an ERC-20 token built on the Ethereum network and deployed on Uniswap. There will be no charges for buying the token. With the presale, 300,000,000 WERX tokens will be released and is currently trading at $0.00995. However, analysts predict the token will reach $3 by Q1-Q2 2024. Uwerx will start a 25-year liquidity lock at the end of the presales.
Some other features that will differentiate Uwerx from centralized platforms like Fiverr and Upwork include its gamification element, protection of intellectual property rights, and the 1% transaction, unlike the 20% charge on the other platforms.
BinaryX (BNX) Is The New GameFi Platform On Web3
BinaryX (BNX) is a GameFi platform that brings high-quality and enjoyable games into the metaverse and Web3. The BinaryX (BNX) ecosystem has successfully hosted games such as CyberChess and CyberLand, gaining the attention of many players and gamers.
Also, the unique blend of high-quality designs, tokenomics, and marketing has established BinaryX (BNX) as one of the best metaverse games. The project uses the Initial Game Offering (IGO) model, enabling it to increase user participation.
However, the project is yet to witness massive user adoption. As of writing, BinaryX (BNX) is trading at $0.58, having plunged by over 30% in the last seven days.
Quant (QNT) Is Enabling Blockchains’ Interoperability
Quant (QNT) is an open-source protocol that solves interoperability issues between blockchains using its Overledger Gateway.
Quants’s (QNT) use of Distributed Ledger Technology (DLT) facilitates the creation of multiple decentralized applications (mdApps). These are smart contracts found in multiple distributed ledgers that enable dApps functionality. Also, its agnostic blockchain enables the deployment of a single token across many networks without the need for re-coding.
While Quant’s (QNT) features make it enticing for investors, the project still needs to do more. After its launch in 2017 and ICO in 2018, it has only delivered basic services such as creating and signing transactions, searching addresses and applying for address change.
Currently, Quant’s (QNT) token is trading at $113, having seen a 2.1% 24-hour decrease in its current value.
Although Quant (QNT) might seem like a profitable investment, Uwerx will be more. This is because Quant’s (QNT) token is only used for payments on the platform, whereas WERX token will be utility-driven. It will be a payment token and an added security for the Uwerx ecosystem.
Do not hesitate to explore the opportunities of having a utility-driven token by purchasing the WERX tokens in the presale stage. Especially with a 20% purchase bonus as well as an impending price increase to $0.012 on Saturday!
For more information on Uwerx and the presales, click the links below:
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network
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.
