The larger the cryptocurrency industry grows, the more emerging coins and tokens crypto investors and enthusiasts are exposed to. And while this may appear as a blessing, it births a more significant problem—the problem of choice.
Several cryptocurrencies with diverse yet unique use cases are emerging daily; the big question is, which is the best fit for investors to enjoy the maximum possible ROIs?
This article carefully examines three of these “best fits” — Uwerx, Gala (GALA), and Frax (FRAX) — exploring their use cases and why investors shouldn’t miss out on them. Let’s dive right in!
Gala (GALA): An Exciting Emergence into the Gaming Ecosystem
Fueling the Gala Games ecosystem, Gala (GALA) is a native utility digital asset with multiple use cases, including but not limited to facilitating P2P payments, making NFT purchases, rewarding nodes, and many more.
Gala (GALA) was primarily designed to revolutionize the gaming industry, challenging the traditional centralized model to prevent the loss of items due to platform closures or bans. Now, players can completely own their in-game assets while enjoying player-driven gaming experiences.
Thanks to these innovative introductions, crypto analysts predict that Gala (GALA) will enjoy exponential growth in the coming months and may peak at $0.042 by the end of 2024 Q1.
Frax (FRAX): The Emerging Challenger of Existing Fixed-Supply Stablecoins
Frax (FRAX) is a fully on-chain, open-source, and permissionless stablecoin protocol designed to offer decentralized and highly scalable algorithmic money to replace digital assets in fixed supply, such as Bitcoin (BTC).
Apart from being the first fractional-algorithmic stablecoin protocol, Frax (FRAX) is also the only stablecoin with its supply backed by collateral and algorithmic in parts. The ratio of this partial backing largely depends on how the market prices the FRAX stablecoin. If its pricing is below $1, it means a higher collateral ratio, and vice versa.
The founder of this project, Sam, has recently announced an impending launch of a Consumer Price Index (CPI). This CPI will have its native stablecoin, the Frax Price Index (FPI). How exciting is this?
The launch of this CPI will help Frax (FRAX) break free from the USD peg, allowing token holders to enjoy an incredible increase in the dollar value of their holdings per month. It’s, therefore, safe to say that Frax (FRAX) may serve as a major hedge against inflation.
Experiencing a 0.49% price increase in the past 24 hours, Frax (FRAX) is currently priced at $0.9993 and predicted to surpass $1.5 before the end of 2024 Q1.
Uwerx (WERX): The Revolution The Freelancing Industry Needs.
The gig economy is fast rising, overshadowing the traditional on-site work model. And with the industry enjoying a bigger valuation, freelancers and clients always seek improved work conditions, ensuring their projects get completed without breaking the bank or losing a significant part of their earnings – as the case may be.
This is why Uwerx was created; an emerging blockchain-based freelance platform designed as a safer and more cost-efficient marketplace that aids more transparent and better work collaborations between freelancers and clients. Regarding cost-efficiency, Uwerx plans to charge a 1% transaction fee instead of the 20% and 10% Fiverr and Upwork currently charge, respectively.
Beyond its exciting features as a freelance platform, Uwerx also offers exceptional opportunities for crypto investors, thanks to its innovative real-world usage. Many investors are rapidly jumping on the train as soon as they can, and this reflects in the presale stages 1 to 4, rounding off in record timing.
The Uwerx platform currently boasts over 5,500 sign-ups, and their social media community has grown to 1,600+ Telegram subscribers and 1,600+ Twitter Followers.
The WERX token is currently in presale stage 5 and selling at $0.041 per token plus a 15% purchase bonus. The team has also modified token allocations to support the presale speed community demands and locked token liquidity for 25 years while disclosing their plans to send WERX tokens to holders after the end of this presale stage.
The tokens will be sent across a 6-week vesting period involving 8% in week 1, 10% in week 2, 14% in week 3, 18% in week 4, 22% in week 5, and 28% in week 6.
While waiting to be listed on Uniswap by August 1st, 2023, Uwerx has gone ahead to list on CoinSpider and undergone InterFi Network and SolidProof audits to prove its legitimacy and investment worthiness. The Uwerx team has also disclosed their plans to renounce all ownership contracts and reduce taxes to zero before launching the project on centralized exchanges.
The Crypto Powehouses; Which is The Best Bet? Uwerx (WERX)?
Undoubtedly, Frax (FRAX), Gala (GALA), and Uwerx all provide amazing real-world use cases for crypto investors. However, their ROI possibilities largely differ due to their varying industries and average competition.
With Frax (FRAX) looking to rally against more fixed-supply stablecoins such as Bitcoin (BTC) and Gala (GALA) becoming the “first ever” in its industry, their investment risks might be considerably overboard and somewhat not worth it. But this is where Uwerx comes in handy for smart investors, particularly as July 31st, 2023, the end date of its final presale stage 5, fastly approaches.
The Uwerx team has also unveiled the Uwerx Vault, a safe where token holders store their Uwerx tokens as long as they want while getting rewarded for it. The team has also released the first PDF version of the Alpha platform featuring up to ten demo pages of what the actual platform will look like. The released pages include the account creation page, logging-in page, hiring dashboard page, client or freelancer initiation page, job creation page, etc.
More of these pages will be released in the coming weeks while we anticipate the transition of the Alpha platform into Beta. And in the spirit of anticipation, the Uwerx team will love to know your opinions and recommendations on the already released PDF pages. Don’t hesitate to contact them via their dedicated feedback email, [email protected].
Uwerx will officially launch on August 4th, 2023, and the first Airdrop is also scheduled to occur on that same day. But before then, following the demands of the Uwerx community, a test Airdrop will happen immediately after the end of the presale stages on July 31st, 2023.
Then you definitely can’t afford to miss out on this next opportunity to purchase Uwerx now at a slightly higher price of$0.05245 and a 15% bonus before the price increases again.