The crypto industry is in very hot demand. Over the course of the last year, crypto has gained mainstream attention, and as a result, local interest in the sector is at an all-time high.
The promise of fast and efficient borderless, transparent and completely decentralized transactions is partially responsible for this recent turn of events.
Traditional finance systems have been a source of concern for a while now with their many limitations. With the aid of decentralised finance (DeFi) platforms, crypto provides viable solutions to these problems.
There are many promising crypto projects on the market, each one unique and poised to solve one problem or the other within the DeFi space.
However, Solana (SOL), Theta Network (THETA) and Mehracki Token (MKI) are worth paying attention to for several reasons, which we explore below.
Solana’s (SOL) scalability success
One major issue that the crypto and DeFi industries face is scalability. There are not many blockchain networks that can scale to handle the demands of decentralised applications (dApps).
Quite an alarming number of dApps are currently built on the Ethereum (ETH) network, a blockchain platform that was not designed to handle such weight load.
The result is congestion on the platform and ridiculously high transaction fees.
Solana (SOL) is a blockchain platform designed to support the next generation of massively scaling decentralised applications (dApps).
With its impressive speeds and a maximum throughput of 50,000 transactions per second (TPS), the platform seeks to become a burgeoning decentralised applications ecosystem and ease the load off Ethereum (ETH).
The Solana platform’s native cryptocurrency SOL is a top 10 crypto by market cap. It is utilized for several activities such as payment for transitions made on the Solana (SOL) platform, participation in the platform’s governance, and much more.
Theta Network’s (THETA) impressive use cases
The beauty of crypto projects is that they are built to solve one problem or the other, not just in the crypto industry but also in other industries.
One such industry that benefits from a crypto project are the video-sharing industry.
Typically, video sharing platforms use multiple servers worldwide to deliver content quicker, a process known as content delivery network (CDN), but it is rather expensive. Theta Network (THETA) solves this problem.
Theta network (THETA) is a blockchain-based platform designed to provide a decentralised infrastructure for video streaming that is cheaper than centralised alternatives such as a content delivery network (CDN).
Through its peer-to-peer network, a platform where users share video content and receive the THETA cryptocurrency as payment, Theta Network (THETA) reduces the workload of CDNs.
Additionally, the THETA token is a governance token designed to manage the Theta blockchain.
How Mehracki Token (MKI) is a burgeoning token
A project like Mehracki Token (MKI) has never been seen before in the crypto industry. Meme coins are often taunted for not having use cases, real-life applications or practical infrastructures that assure the growth of the token and project.
However, Mehracki is different.
The project seeks to craft a framework that makes it appear enticing enough while retaining its fundamental meme elements. This approach will transform how meme tokens are perceived for the better.
With the increased competitiveness within the crypto industry, there is only so much hype, buzz, and marketing can do.
Crypto projects need to offer more to catch the attention of users. Mehracki’s native token, MKI, will be a utility token that verifies and authenticates transactions on the platform and serves as a unitary value exchange between customers.
Mehracki’s immense network of partnerships with hospitality outlets and DeFi capable NFTs will ensure that MKI holders do not need to worry about foreign exchange and multiple swap fees.
Many more features like these are incorporated within the Mehracki project.
MKI is currently on presale and can be purchased via the link below.
Join Presale: presale.mehracki.io/register
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
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