On Saturday, January 15, 2022, the market capitalization of all the stablecoins in existence is $173 billion, which represents 7.93% of the $2.18 trillion crypto-economy. The market valuations of stablecoins tether and usd coin represent 71.84% of the entire stablecoin economy’s value. This week, the current total supply of usd coin surpassed tether, in terms […]
With every year passing, the cryptocurrency community innovates in new technological advancements. Back in 2017, Bitcoin and other altcoins boomed and became mainstream. Later in 2019, the DeFi space started to progress and innovate with many projects popping up. Later up to 2021, we witnessed the rise of NFTs, DEXs, and Meme Coins. Every investor who managed to capitalize early on each trend managed to make hefty profits. Today, everyone is eyeing Web3.0 projects. Being able to partake in such projects in the early stages would most probably be beneficial. That’s why in this article, we’re going to talk about 5 Web3 tokens that have huge potentials.
Web3 represents an upgrade of the World Wide Web, focusing on decentralization. Today, the tech industry is making decentralization more accessible, especially to those who believe in inclusivity and breaking centralized boundaries. In simple terms, it is an ecosystem leveraging blockchain technology for settling needs. In turn, Web3 tokens are simply tokens that are issued from crypto companies that revolve around the Web3 ecosystem. They either help in scaling, integrating, or even building Web3 Dapps.
Polygon is a project that aims to bring Ethereum’s blockchain to the masses. In order to do so, it provides an easy “plug-and-play” solution to crypto projects. This not only increases the demand for Ethereum, but also for the entire crypto industry. Using Polygon, one can create optimistic rollup chains, ZK rollup chains, stand-alone chains, or any other kind of infrastructure required by the developer.
Having a project like Polygon helping in scaling the “internet-of-things” and onboarding projects to a decentralized ecosystem is definitely a great initiative. This project should definitely boom when Web3.0 becomes closer to reality.
Stratos is a great project that also helps in allowing companies to plug into the Web3.0 ecosystem. They basically are a decentralized data architecture that provides scalable storage, database, and computation networks. Strong data processing is key in enabling Web3.0, and Stratos provides the necessary data storage and database architecture to tackle the future web.
Helium Network is a decentralized wireless network that helps devices connect wirelessly to the Internet anywhere in the world. Thanks to its secure and open-source application, developers have the opportunity to build low-power and internet-connected devices at a cheaper and faster pace. This is the perfect introduction for projects and companies into the soon-to-come Web3.0.
Polkadot is a cryptocurrency also known as the “Ethereum Killer”. It basically seeks to incentivize a global network of computers to operate a blockchain on top of which users can launch and operate their own blockchains. It is a next-generation blockchain designed to connect multiple specialized blockchains into one unified network. Polkadot is a top competitor and can take advantage of the Web3.0 anticipation and rise higher in the blockchain realm.
Last but not least, we have FLUX on the list of the best Web3 tokens that will boom further along with Web3.0. Flux is a scalable and decentralized cloud infrastructure. Just as its peers, it allows projects to develop, manage, and create applications on multiple servers all at once. This will prep all companies for when Web 3.0 launches, and plug into other Dapps in a totally decentralized ecosystem.
“The Flux Ecosystem is a fully-operational suite of decentralized computing services and blockchain-as-a-service solutions which offer an interoperable, decentralized, AWS-like development environment.” – Coinmarketcap
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The post Those 5 Web3 Tokens Can Make you MILLIONAIRES in the Next Bullrun… appeared first on CryptoTicker.
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In case you are wondering if the concept of digital assets is new, it isn’t. The base originated way back in the past. Projects like Entropia MMO and Ultima Online introduced the foundation of the technology. Post the launch of blockchain, cryptocurrencies, and NFTs, they just went mainstream.
The main reason for the same is technology supporting their sustainability and scarcity driving their value. Through the use of blockchain, anyone can buy and raise digital assets. In the process, making them scarce and valuable. So, you can understand why the madness is intensifying within the SandBox ecosystem. Or, why people are so reckless to dump thousands of dollars to buy a 50*50 feet plots on the Decentraland metaverse.
These plots have a use case where NFTs are getting stored. In their absence, it would mean users have no place to store in-game assets or trade them at premium rates. On top of this, these metaverses are also simplifying buying physical land. As in the real world, buyers have to pay taxes and stamp duties for land purchases. But, on the metaverse, they can bypass all complexities by quickly buying lands with no paperwork.
So, if you want to maximize your gains while investing in properties or real estate, metaverse could be your stop point. ULand is an emerging digital asset concept to revolutionize the concept of buying properties as digital assets cross-border via the metaverse. In this article, we shall deep dive to find out everything about ULand and whether it is a good idea to buy digital lands there.
Uland is an NFT project on the Binance Smart Chain that replicates planet Earth. So using blockchain technology and NFTs, you can own any part of the Earth on Uland. It could be beautiful cities, natural parks, or oil rigs. In case this concept is intriguing, those NFTs truly represent real-world assets. With that said, isn’t it exciting to purchase the entire Burj Khalifa in a flash? Sounds like a Utopia, but it could be true soon.
When Mark Zuckerberg, the founder of Facebook said Metaverse would be the next paradigm in computing, there’s enough reason to support his statement. At the moment, what we want is an immersive experience while dealing with the digital space. While interacting with friends and family on Skype, Zoom, or Teams, we are devoid of that experience. With the help of the metaverse, we can very well live that experience. Uland at the moment is building a metaverse with everything for the stakeholders.
For the investors, there will be returns to buy lands on Uland. Whereas, if you are a gamer, there will be an immersive experience and you can literally interact with the real world in the digital space. For the common folks, it will be very simple to understand the culture, language, and way of life of different countries from the comfort of your bedroom. The best part would be participating in the job economy or wandering in a completely new atmosphere.
As the craze to have a digital experience intensifies under the influence of metaverse, NFTs, and blockchain technology, projects like Uland are poised to explode in the future. In its initial funding, ULand has been phenomenal in securing 100% sales of all the lands. The early adopters have been rewarded with US$280,000 in their native tokens. With that said, the sooner the investors participate in the investment and funding, the better it would be for mutual benefits. As we are about to enter the world of digital assets, metaverse, gaming, and NFTs, Uland provides a perfect blend of all of them.
We are using BNB to buy ULand Tokens in this tutorial here.
You need some of the BNB tokens in your Trust or Metamask wallet for the swap. In case you do not have them, transfer the same from the centralized exchanges like Binance or Coinbase to your Trust or Metamask wallet or Ledger.
Open Pancakeswap and go to the trade section. On the trade page, you need to enter the ULand smart-contract which will import UTokens to your wallet.
Once the import is complete, enter the BNB as shown in the image.
Connect to Pancake Swap, keep the slippage setting to 10% to 20%
Click on the swap button and once the swap is complete. You can add the crypto to your custom wallet using the add custom token button.
The post What is Uland and How It Will Revolutionize Real World Assets Via Digital Assets? appeared first on CryptoTicker.
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