Rocketize Token (JATO) is a new cryptocurrency that aims to reinvent the crypto space like Cardano (ADA) and Waves (WAVES). It intends to achieve this goal by promoting true decentralization, especially through Web3.
Cardano (ADA) and Waves (WAVES) are known for their innovative features in Web 3. Both crypto platforms have enabled developers to launch user-friendly dApps and custom tokens on the blockchain network.
Rocketize (JATO) intends to join these two established cryptocurrencies to attract more unique use cases to the crypto space. Let’s explore how it could achieve that goal.
Rocketize Token (JATO) is entering the cryptocurrency market as a meme coin leveraging its community. However, unlike similar meme coins, it intends to solve real-world problems while creating wealth for its users.
Rocketize Token (JATO) recognizes that lack of access to information and wealth is a major hindrance in society. Therefore, it prepares to utilize non-traditional means, such as blockchain technology, decentralized finance (DeFi), and an autonomous organization (DAO).
The meme coin plans to build bridges to link different blockchain networks, including Polygon, Binance Smart Chain, Fantom, and many more. This could grant users access to the wider DeFi space.
The backbone of the Rocketize Token ecosystem is the JATO token. JATO is a cross-chain token that would help users to maximize their digital assets across multiple chains.
JATO token holders would enjoy half of each transaction fee on the Rocketize Token platform. JATO would also support token burns. Therefore, token holders would enjoy the security and relative stability of holding a deflationary token.
Through Cardano (ADA), many developers have been able to launch user-friendly dApps and receive genuine feedback from users. Its blockchain is the first-ever peer-reviewed smart-contract platform. Therefore, users can receive genuine user feedback that can guide them while developing their various dApps, games, crypto tokens, and more.
Cardano (ADA) is among the largest cryptocurrencies by market cap. Therefore, ADA token holders enjoy benefits like wider acceptability and staking rewards.
Waves (WAVES) is a layer-1 blockchain for Web3 solutions and dApps. It enables users to build and deploy customized crypto tokens without using complex smart contract programming. Therefore, tokens on the Waves (WAVES) network are created and issued using scripts that operate in user accounts on the blockchain.
The Waves (WAVES) network aims to enable the development and deployment of new crypto tokens (as well as their accompanying dApps) using a user-friendly method that anyone can understand.
These tokens are tradeable within the Waves (WAVES) ecosystem. The ecosystem hosts an in-built decentralized exchange platform, Waves DEX, where users can trade their custom tokens with Bitcoin (BTC) and other WAVES-based crypto tokens.
The Waves (WAVES) network operates a modified Proof-of-Stake (PoS) consensus called WavesNG. This consensus mechanism ensures the network maintains a minimal carbon footprint. It also secures the network using staked WAVES tokens.
WAVES is the native token that maintains the Waves network. It allows users to pay for transactions and create custom crypto tokens. It also facilitates trading between the tokens created on the Waves blockchain. Users can also stake their WAVES tokens to become node operators and earn rewards.
WAVES does not offer block rewards to its node operators, unlike most blockchain networks. Instead, it rewards node operators with ALL the transaction fees from their validated blocks. Node operators also receive additional token rewards—the Miners’ Reward Token (MRT)—for processing transactions on the network.
Innovation is one of the major factors that can win over users in the crypto sphere. This has helped Cardano (ADA) and Waves (WAVES) achieve their success today.
Given its goal to reinvent wealth creation and information sharing, Rocketize Token (JATO) is on course to succeed in crypto.
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