There’s no question about it: Chiliz (CHZ) and Celo coin (CELO) are the hottest names in the blockchain space. Both have had enormous support in the past few days of trading, but one project is set to outpace them both, which is the Snowfall Protocol (SNW).
Before we share why Snowfall Protocol is better than Chiliz (CHZ) and Celo coin (CELO), let’s quickly review them.
CELO (CELO) is a blockchain ecosystem designed to promote crypto adoption among smartphone users. It aims to do this by using their cell numbers as public keys. Celo’s goal is to bring billions of people in the world towards crypto, particularly those without banking access.
The token looks to support the use of smart contracts and decentralized applications as part of its DeFi strategy. The uniqueness of CELO (CELO) lies in its focus on smartphones. Various analysts predict strong growth for the future.
Chiliz (CHZ) is a cryptocurrency created to be the chosen currency for the sports and entertainment industry. The Chiliz (CHZ) team has partnerships with big names in sports like FC Barcelona, Juventus, Paris Saint-Germain, and AS Roma.
The Chiliz (CHZ) token powers the Chiliz (CHZ) ecosystem, which lets fans engage with their favorite teams and athletes. Chiliz (CHZ) is aiming to become the fintech provider for sports & entertainment.
Snowfall Protocol (SNW)
Snowfall Protocol (SNW) allows users to swap their digital assets across blockchains. By removing technical barriers and allowing all users to transact with each other, Snowfall Protocol (SNW) is opening up the world of digital assets to everyone.
Snowfall Protocol (SNW)allows users to trade on one exchange and trade tokens and NFTs across multiple blockchains. With the rising demand for cross-chain functionality to support all key crypto chains, Snowfall Protocol (SNW) is offering a utility that is in demand. Cross-chain movement allows users to make transactions across different chains and lets smart contracts move from one crypto chain to another as and when needed. This lets DeFi platforms work better and more efficiently as compared to working on a single chain.
Snowfall Protocol (SNW) has strong Defi capabilities, whereas Chiliz (CHZ) offers fan tokens. These tokens might be helpful to a select niche of sports fans. Still, it doesn’t match up to an actual cryptocurrency that can be used for DeFi applications as well as governance for a revolutionary new project.
Snowfall Protocol (SNW) offers a multi-chain compatibility protocol that speeds up secure asset transfer. It also supports cross-chain transactions between blockchains.
While the Chiliz team is focused on the sports and entertainment industry, Snowfall Protocol (SNW) has a much broader focus. By offering comprehensive based utility beyond streaming and engaging all blockchains to communicate and swap assets, Snowfall Protocol is set to take off and become the go-to solution for the multi-chain future almost everyone is forecasting for the crypto world.
Although Celo (CELO) and Chiliz (CHZ) seem to be doing well in their respective limited market, it’s important to remember that Snowfall Protocol (SNW) is still in its early stages.
As Web3 develops and users realize the importance of a multi-chain future, Snowfall Protocol (SNW) is set to overtake both these projects.
For anyone looking for that next project that has the potential to shake things up, Snowfall Protocol (SNW) is one to keep an eye on and iIt’s currently trading for $0.009 making it heavily undervalued. It’s expected to skyrocket as top market experts suggest that it’s a 1000x token.
It’s already up more than 30% since the presale started and there’s still a 5000% increase potential as it gains momentum leading to the launch date.
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