The crypto industry has witnessed a significant shift due to recent regulatory measures. Many projects now face the classification of their tokens as securities, resulting in far-reaching consequences for both the projects themselves and the broader cryptocurrency ecosystem. Examples of the affected tokens include Amp (AMP) and Internet Computer (ICP)
Amidst this ongoing upheaval, Uwerx emerges as a high-potential project tipped for massive success. Can Uwerx fulfill analysts’ expectations? Let’s find out.
A report from Forbes predicts that the gig economy may be valued at $455 billion by 2023. While traditional platforms like Upwork makes it difficult for investors to tap into this growing market, Uwerx has come to offer more accessibility to everyone.
Uwerx had gone through audits with SolidProof and InterFi Network before its presale began, making it a trusted investment opportunity.
Also, it recently launched its Alpha version featuring a Landing page, Signup page, Login/Sign In page, Forgot Password, and a Freelancer or Client Initiation Page. Other features include the Initial Step of Job Creation and Initial Step of Finding Talent, My Activity, Hiring Dashboard, and Job Creation Process pages.
Meanwhile, the current version will soon transition to the Beta version, which users can interact with. They can send their reviews and recommendations to the Uwerx dedicated feedback email at [email protected].
Furthermore, Uwerx released the ingenious Uwerx Vault, where users can store their WERX tokens for different periods, just like staking. This will earn them rewards based on platform variables, adding a new dimension of engagement and sustainability to the project.
As a champion of fairness and decentralization, Uwerx allowed 98.2% of the community to decide on a rest airdrop. The airdrop will ensure all token holders have their correct receiving wallet addresses.
82.8% of the community also voted for an immediate lock of developers’ liquidity. The lock was implemented on Wednesday, June 7th. In addition, the Uwerx team plans to forfeit all smart contract ownership after listing the WERX token on centralized exchanges.
Uwerx still invites interested investors as it continues its 5th presale stage. A price increase for the tokens, along with a generous 15% bonus, is scheduled for later today at 18:00 UTC. The price will rise from $0.05245 to $0.0564 during this event. The founding team has also reduced its token share to 7% to prioritize user profits.
Amp (AMP) is an open-source Ethereum (ETH) platform offering collateral services. It claims it insures merchants and customers against losses during crypto transactions and allows users a wide variety of collateral options.
Amp (AMP) was among the nine tokens accused of being a security on Coinbase. The accusations came after SEC charged ex-Coinbase employee, Ishan Wahi, and two others with insider trading in September 2022.
Coinbase denied offering any securities on its platform, but the allegations still affected the listed cryptocurrencies. Amp (AMP), alongside the broader crypto market, is on a bullish trend, having lost 15.22% within the past week. Its market cap is also down. The token trades at $0.002 with a mere 0.82% increase within the last 24 hours.
Internet Computer (ICP) is a blockchain protocol designed for dApps operating at high speeds on the web. Its protocol runs on globally distributed nodes housed in independent data centers and has the potential to replace traditional applications and usher in a new era of Web3 apps. Internet Computer (ICP) is governed by the Network Nervous System, an advanced DAO.
However, the recent crackdown by the SEC has caused a decline in the value and circulating volume of the Internet Computer (ICP). As a result, the ICP token lost 12.35% within the past week. The ICP price currently trades at $3.80 but has shown a good increase of 3.93% within the last 24 hours.
This slight uptrend may be attributed to ICP’s open rejection of being listed as a security.
Meanwhile, Uwerx seems unaffected by the intensified regulatory actions of the SEC. Its presale continues to power on thanks to the agile methodology approach adopted by the developers. This strategy has helped them release the project in stages while making significant improvements over time. As a result, Uwerx could attain its market prediction of $2.7 by Q4 2023.
Join the Uwerx community today, where a 15% bonus awaits you. Follow the links below for more info and updates on its presale: