Is it time for you to return to the world of blockchain? Should you invest in NFTs or stick to cryptocurrencies? The last investment segment has brought several popular cryptos and NFTs to the ground. That was bound to happen with a trend-based growth of the market. Now, it is high time for a value-based market and investments.
People are returning to the market, intending to invest in sustainable projects. With that in mind, here are the top three projects that can stand the test of time and bring lucrative returns and perks to the owners:
Almost everyone knows about Ethereum (ETH) at this point. Sure, it has struggled a bit, but nobody can ignore the tremendous potential it offers. The most successful NFT projects have been on Ethereum Blockchain. While the crypto itself is struggling, we could witness a new rise with the Layer-2 Protocol.
Ethereum (ETH) is working on bringing sustainable growth with reduced gas fees and faster transactions. Simultaneously, Ethereum Naming Service has witnessed a remarkable surge in growth and demand. While Ethereum might not be the best to invest in yet, ENS (Ethereum Naming ServicE) could be the way to go for now.
Stellar (XLM) has always distinguished itself from other cryptocurrencies for being a finance-oriented choice. It has worked to offer fast transactions and remarkable financial performance.
Stellar (XLM) offers a way for people to invest in low-priced cryptocurrencies and reap sustainable results. It has ranked first as the crypto with the highest number of transactions. As a decentralized payment network, it can stay in the league and become something worthwhile.
Chronoly is a new cryptocurrency and an NFT project that brings users real-world value. It is still in the presale stage, however according to the whitepaper, it is showing tremendous potential, unlike any other anyone might have seen.
Most cryptocurrencies and NFT projects are limited to the digital dimension. They only offer monetization as the real-life aspect, which is tangible. That’s why people invest in them. However, Chronoly is bringing a unique approach to people. It allows them to invest in NFTs which are directly backed by luxury watches. It is a watch-oriented NFT project with (CRNO) as its native token (Cryptocurrency).
Each NFT that is minted is backed by a physical version of the watch that is insured and stored in the Chronoly vault. The NFT is then broken down into fractions allowing anyone to own part or all of the physical watch digitally.
For example, Audemars Piguet Royal Oak Perpetual Calendar will have NFT fragments that people can collect. Anyone who gets 100% fragments can redeem a genuine watch and get it delivered to them. This ensures that you are not receiving counterfeited products and something truly rare, with a limited edition.
Holders of the Chronoly (CRNO) tokens will benefit from features like staking, watch lottery draws, discounts, and much more.
For investors that like getting into a project at its early stage whilst the price is still cheap, then Chronoly might be worth checking out.
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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