Since the inception of blockchain technology in global finance, the world has witnessed an intense revolution through the development of Decentralized Finance protocols. Blockchain technology has offered a new investment asset class for crypto-savvy investors looking to profit from the emerging technology. Although the market is experiencing harsh conditions, some upcoming projects have displayed tremendous potential investment opportunities, including Huobi (HT) and GMX.
Huobi and GMX are promising projects.
Huobi is one of the largest crypto and derivatives exchanges. Based in Seychelles, the firm provides digital asset exchange and wallet services to consumers worldwide. The platform has over 400 listed cryptocurrencies. Leon Li launched the firm in 2013, but its native digital asset, HT, came afterward in January 2018.
CoinMarketCap has identified the token among the top 100 cryptocurrencies by market cap. GMX is a decentralized perpetual exchange that allows traders to carry out margin trading with up to 50X leverage directly from the users’ wallets. Just like Huobi, GMX has its native token, GMX, that currently trades at $53.
SmarterWorx is the future of NFTs.
SmarterWorx is an upcoming DeFi protocol which plans to integrate blockchain technology into the physical world. Upon its integration, SmarterWorx will develop a unique asset class that will involve digitized physical items and hybrids of expensive tangible and tokenized art. The main aim of the platform is to expose retail investors to a treasury fund that raises funds to purchase expensive art, an asset class that only benefits the wealthy.
In addition, SmarterWorx will also include the utility token ARTX, whose value will fluctuate depending on the art portfolio in possession by the ecosystem.
Digitized physical items have a proven track record of attracting wild prices in auction houses. One such artifact, dubbed the Human One, sold for $29 million. The valuable involved a kinetic video sculpture with a corresponding dynamic NFT with a record of ownership stored on the blockchain network. SmarterWorx will mint NFTs as part of their portfolio, with the complementary tangible art stored in a vault in a physical location.
SmarterWorx has minted 1 billion ARTX tokens. However, the ecosystem has a cool feature that allows the tokens’ holders to benefit from capital gains. The project is currently on presale to raise funds for the project, selling ARTX for $0.004.
After the presale stage is completed, the funds raised will be utilized to set up an NFT portfolio created by digital artists vetted by the community. Once the NFTs appreciate, the district can sell an NFT piece alongside its physical item for a profit. Half of the profits will be reinvested into the ecosystem to fund new NFT projects. The remaining half will be used to purchase and burn ARTX tokens, reducing the overall circulating supply of the tokens.
ARTX tokens are easy to purchase. Buy the token and get access to exclusive features offered by SmarterWorx.
For More Information:
Join Presale: https://smarterworx.io/buy/
None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.
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