The LGBTQ community has been significantly underrepresented in the world of cryptocurrency, but that may all be changing with the rise of projects such as HedgeUp (HDUP). The founder of HedgeUp (HDUP), who is one of the few LGBTQ founders in the crypto space, has created one of the most robust ecosystems in crypto. It has even managed to overshadow older, more established projects like Cronos (CRO) and Avalanche (AVAX).
HedgeUp (HDUP)’s amazing ecosystem
HedgeUp (HDUP) is a Web3 project centered around investing in alternative assets. The project’s founder has created an ecosystem within which people can easily buy and sell alternative assets like gold, diamond, luxury watches, artwork, etc.
Central to this ecosystem are the HedgeUp (HDUP) token and an NFT trading platform that allows people to fractionally invest in alternative assets. The platform acts as a marketplace for asset-backed NFTs. These are NFTs that represent various alternative assets on the blockchain.
By buying such an NFT, you will essentially be buying into the underlying asset, which will be stored in a vault managed by HedgeUp (HDUP). All purchases on the platform will be done with the HedgeUp (HDUP) token.
While NFTs aren’t new by any means, and both Cronos (CRO) and Avalanche (AVAX) have their own unique NFTs, HedgeUp (HDUP)’s aim at alternative assets and real world applications sets it apart considerably.
The ecosystem will also have an online education platform. Here, HedgeUp (HDUP) founder says, the platform will educate investors on investment strategies, exit strategies, industry disruptors, and having the right mindset.
There will also be a wallet & banking platform. The HedgeUp (HDUP) team is currently working on an app that addresses all investment needs in one place. It will function as a wallet that can store crypto assets, including HegdeUp (HDUP)’s asset-backed NFTs.
Furthermore, the project has partnered with a digital bank to increase the utility of the HedgeUp (HDUP) token. That way, through the app, users will be able to buy and sell products and services using HedgeUp (HDUP), the project’s currency.
All this will be managed by the HedgeUp (HDUP) DAO. Members of the DAO will be HedgeUp (HDUP) holders. They will be responsible for voting on proposals and deciding the overall direction of the project.
HedgeUp (HDUP) outshines Cronos (CRO) and Avalanche (AVAX)
HedgeUp (HDUP)’s ecosystem is the first of its kind in the crypto ecosystem. In its scope and utility, the ecosystem has surpassed what is offered by projects like Cronos (CRO) and Avalanche (AVAX).
Like HedgeUp (HDUP), Cronos (CRO) is built on Ethereum (ETH). The project is a Layer 2 scaling solution developed by the company Crypto.com to provide a scalable, affordable, and interoperable platform for building dApps. While Cronos (CRO) benefits from the ecosystem created by Crypto.com, it doesn’t compare to HedgeUp (HDUP).
The same can be said for Avalanche (AVAX). The project has its own blockchain protocol. Like Cronos (CRO), it aims to provide a scalable and affordable protocol for dApps and enterprise blockchain solutions. It is also highly interoperable with other blockchains.
Avalanche (AVAX) has a growing ecosystem complete with a DAO and an accelerator program called Avalanche-X. There is also a wallet and Avalanche (AVAX) Studio, a suite of tools for developers on the protocol. As such, it enjoys the support of a vibrant community of developers, users, and investors. It certainly has the potential to grow and expand.
However, at the moment HedgeUp (HDUP) remains the most exciting ecosystem in Web3. The project is currently running a presale for its token. Today, investors can buy HedgeUp (HDUP) for $0.013. The price is scheduled to increase as the presale advances into later stages.
Click the links below to find out more about the HedgeUp (HDUP) presale here:
- Website: https://hedgeup.io/
- Presale: https://app.hedgeup.io/sign-up
- Telegram: https://t.me/HedgeUpChat
- Twitter: https://twitter.com/HedgeUpOfficial