Due to the ongoing bear market trend, the crypto market has lost over several billion US dollars. But as 2023 starts, investors are desperately looking for alternatives to invest in.
Investors and traders must choose promising projects carefully to benefit from crypto’s imminent comeback. The best option is to prefer cryptos with real-world use cases so that as 2023 kicks in, their demand skyrockets.
Tron (TRX) and Cosmos (ATOM) are the best examples of such projects, and we will discuss all of these today as a new entrant, HedgeUp (HDUP), which has the potential to pump.
In recent years, technology has been at the forefront of discussions around alternative assets, with the emergence of a new, highly sought-after form: the NFT (non-fungible token).
As they cannot be counterfeited or altered, NFTs are intended to be a secure method of asset ownership, more easily transferable than traditional alternative assets.
HedgeUp (HDUP) is developing the world’s first crypto NFT alternative investment marketplace where users can participate in the multi-trillion dollar alternative assets market with as low as $1.
HedgeUp aims to achieve this through issuing NFTs backed by its vast catalog of alternative premium assets stored in its world-class facilities.
In doing so, HedgeUp will allow investors and users to invest in the luxury asset class missing in the crypto space: wine, gold, fine art, diamonds, luxury watches, yachts, private jets, etc.
In addition, HedgeUp will partner with start-ups in the alternative market to help them gain new audiences in the crypto market and beyond.
HedgeUp users, on the other hand, will benefit from gaining exclusive access to equity NFT releases, bonuses and staking rewards, and access to online master classes.
HedgeUp is powered by its native token, HDUP, which runs on the Ethereum blockchain and offers a plethora of utilities inside the ecosystem. Its presale has reached the second stage, making it the perfect time to invest in HedgeUp.
Tron is an open-source blockchain network designed to function as the infrastructure for a decentralized internet.
It can run smart contracts, which form the building blocks of decentralized applications, or dapps, apps that run atop Tron’s network of nodes and, therefore, cannot be shut down or controlled by a single person or entity.
Tron’s ambition is to form the foundation upon which sophisticated services like trading platforms, decentralized gaming networks, and decentralized finance (DeFi) applications are built.
TRX is the native currency of the Tron ecosystem. The token is used for transaction fees on the network and can be staked to receive rewards. Also, it is used for governance, with TRX holders able to vote on decisions about the network.
Tron has positioned itself at the heart of the emerging decentralized internet, building out its ecosystem to support numerous projects and dapps such as its stablecoin, USDD.
Cosmos (ATOM) is seen as the “internet of blockchains” that aims to create a network to bridge the gaps for cross-chain to exchange data without central supervision and streamline transactions.
The Cosmos Hub can serve as a central network to connect different chains into a dedicated zone to interact with one another. The ATOM token acts as the native and governance token of Cosmos Hub.
To maintain interoperability between all zones within the Cosmos network, the Cosmos Hub uses Proof-of-Stake (PoS) mechanism.
This communication of disparate blockchains, known as the Inter-Blockchain Communication (IBC) protocol, helps expand the interoperability non-limited to blockchains that are Temdermint-based.
For example, PoS cryptocurrencies like Cardano (ADA) can connect to the IBC.
Another of Cosmos’s goals is to make it easier for users to create and launch DApps in the network by solving sovereignty issues in other networks (e.g., Ethereum).
Cosmos has integrated DeFi into its network with the creation of Crescent Network, an automated market maker (AMM) that can increase the liquidity of the Cosmos network.
A vital characteristic of this AMM is that it may feature a hybrid version of both liquidity pools and traditional order book models.
The Cosmos developers believe this might be the main reason Crescent Network could be one of the most efficient automated market makers (AMMs) in the crypto market.
For more information on HedgeUP click the links below:
Presale Sign Up: https://app.hedgeup.io/sign-up
Official Website: https://hedgeup.io
Community Links: https://linktr.ee/hedgeupofficial
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