Uwerx has shown potential for a massive price pump despite still being on presale. Uwerx presale has been moving with speed, faster than expected, and the Stage 4 presale is looking to end soon. When projects move as such on presale, it’s usually an indicator of what’s to come after launch. Uwerx has gained enough and it has launched the alpha version of the platform. The project released its landing page and the team will continually release more parts of the platform. This sets the project up for its beta testing where users can test the features and give feedback.
As the platform reaches 5,000 sign-ups, you can secure a spot for early entry by buying the WERX on presale.
Ripple Labs Inc., the U.S.-based company behind XRP infrastructure, is rumored to be nearing a settlement with the U.S. Securities and Exchange Commission (SEC) in a highly watched legal case. The SEC alleges that Ripple distributed 14.6 billion units of XRP without registering it as a security, which is required for the public offering and sale of securities. The case raises crucial questions about the classification of XRP as a security.
The SEC argues that XRP should be considered a security due to information asymmetry between token issuers and buyers, as well as the expectation of purchasers to profit from the efforts of the token issuers. However, this perspective may not fully account for the unique nature of cryptocurrencies when viewed comprehensively.
The conclusion of this lawsuit will have major implications for the crypto landscape. The decision, which may offer much-needed clarification on the regulatory environment involving cryptocurrencies like XRP, is anxiously anticipated by many.
If XRP finally settles the case, XRP is certainly going to have short-term price pumps that would benefit holders.
Uwerx is a new freelance platform built on the Ethereum blockchain, and it aims to use the resources available for it on the network to foster decentralization and give back more value to users. Uwerx is a revolutionary solution for the global gig economy and will be in competition with platforms like Upwork and Fiverr.
Uwerx hopes for a competitive edge with its several unique features that allow freelancers and clients to work together more efficiently. Uwerx will only charge a measly 1% fee on transactions on the platform compared to 10% – 20% from existing platforms in the industry. This allows users to keep more of their money and fee that usually goes as profits to predominant platforms like Fiverr and Upwork.
Uwerx will allow users to access app features with its native token, WERX. WERX will also serve as the governance token, allowing users to vote consensus and create proposals for the future of the network. Uwerx’s first iteration of community governance happened via a Twitter poll where the majority of voters voted for the team to lock their tokens right away as opposed to after presale.
Once Uwerx launch, only WERX holders will have such privileges, and you can get the token as low as $0.041 on presale. Enter the Stage 4 presale and get a 15% bonus on your purchase.
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