Superbowl 2024: Crypto Organizations Place Bids for Product Placement. Will HedgeUp (HDUP) Dominate like in 2022?


Super Bowl LII only weeks ago, but when you look at some of the advertisements displayed, it feels like a much different time from the ads run in 2022 which were dominated by one where the future of the internet was all about NFTs, cryptocurrency, and the metaverse.

Again, many crypto organizations such as HedgeUp (HDUP), Binance (BNB), or Polygon (MATIC) are competing to run advertising commercials during Superbowl 2024, the way dominated Superbowl 2023. These platforms have worked tirelessly to establish their brands and penetrate the United States market.

Super Bowl ads are known to be very costly, with rates going above $5 million for 30 seconds. Some sponsors are willing to pay up to a record high of $6.5 million for the same airtime. With everything that went on with FTX, the superbowl took a step back from crypto advertising, but in 2024 they will be back.

Let us look at these projects to learn more about their services and why they want to take up the number one spot in the Superbowl 2024.

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HedgeUp (HDUP)

HedgeUp (HDUP) intends to be the world’s first alternative investment platform within the cryptocurrency space to provide access to a wide range of assets for the everyday person. The company aims to bridge the gap between ‘traditional’ and ‘cryptocurrency’ investors.

HedgeUp will grant its users access to profitable markets for alternative asset classes such as private jets, jewelry, gold, fine art, diamonds, luxury watches, and fine wines.

The company believes that providing these assets class to investors and users will enhance their portfolio and increase growth within these markets.

HedgeUp will negotiate and formulate deals with established and high-end start-ups to facilitate users’ entry into the market. All alternative assets will be stored in an insured and licensed vault.

The NFT collection represents an individual investment with different asset classes or a basket collection from the HedgeUp investment platform.

Investors can purchase fractional NFTs or the entire NFT. Users can invest as little as $1 to become owners of the NFTs and trade their assets in the HedgeUp marketplace. Those purchasing 100% of NFT can deliver the assets to their designated address.

Many other excellent features for HegdeUp’s users include a HedgeUp platinum card, exclusive access to equity NFT releases, bonuses and staking rewards, and online master classes.

Because of many of its benefits and use cases, HedgeUp has been popular among crypto investors since its first presale stage, and the value of its native token, HDUP, has increased significantly since then. This makes HedgeUp a prime contender for an advertising slot in the next coming superbowl.

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Binance (BNB)

Binance Coin (BNB) was created by Binance exchange, the globe’s largest cryptocurrency exchange (CEX) by trading volume, with over USD 30 billion in volume daily.

BNB is a utility token that can be traded like any other crypto but that can also be used to pay for goods and services, buy virtual gifts, participate in token sales, reduce trading fees, make loans and transfers, and make credit card payments.

Binance coin started on the Ethereum blockchain as an ERC20 token but has since moved over to Binance’s blockchain, known as Binance Chain.

Binance uses an auto-burn mechanism every quarter to adjust the BNB total supply to 100,000,000 BNB. Also, Binance uses the Binance Evolution Proposal (BEP)-95 to burn around 860 BND daily.

The purpose of this burn is to reduce supply and maximize the value of the tokens that are left. Binance Coin holders are provided a long-term growth plan planned out in advance.

Polygon (MATIC)

Polygon, previously known as MATIC network, is an interchain scalability solution that provides an infrastructure for creating blockchain networks that can interface.

Polygon intends to bring the scalability and adaptability of alt chains along with Ethereum’s liquidity, security, and interoperability. The platform is looking forward to admitting two new roll-ups in its network later.

One will distribute loads of off-chain exchanges into a solitary trade, while the other will run on top of the Ethereum network to speed up transactions.

Ethereum (ETH) continues to be the most effectively utilized blockchain network. This decentralized blockchain quickly acquired ubiquity after its liftoff in 2013. It offers smart contracts as a Proof-of-Stake framework.

However, Ethereum’s fast adoption results in high costs, with exchange charges often costing more than the transferred sum. This is because Ethereum has many clients using the network, remarkably bringing down exchange scalability.

Polygon clients utilize the MATIC Sidechain to execute and cooperate with other Ethereum-based decentralized apps. MATIC is less expensive and quicker than other networks.

For more information on HedgeUP click the links below:

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