With the collapse of numerous centralized banks and the overall increase in the level of inflation experienced globally, now, more than ever, people are aiming to find alternative investment options into assets that can appreciate in value.
HedgeUp (HDUP) is a Web3 project and platform that aims to enable anyone access to these alternative assets, which are otherwise only available to high-net-worth individuals.
To see how HeedgeUp (HDUP) compares to other projects, we will compare it against Uniswap (UNI) and The Sandbox (SAND) to see how well it can perform.
Uniswap (UNI)
In late March 2023, Uniswap (UNI) published an article to review the technical overview behind the Uniswap Mobile wallet. In it, they put an emphasis on its Open Source technology, its high level of security, and its overall level of privacy.
Uniswap (UNI) was trading at $5.78 as of April 20, 2023. This means that in the last 24 hours, UNI decreased its value by 2.41%. While in the past seven days, UNI did increase by 3.8%, its overall 30-day price is still down by 10.6%.
The all-time high of Uniswap (UNI) was on May 3, 2021, at $44.97, indicating a long way to go for UNI to see recovery and leap above its historic highs. Worrying performance such as this has prompted interest in investors to diversify their holdings.
The Sandbox (SAND)
On April 2, 2023, The Sandbox (SAND) made an announcement about their in-world experience of Celio, the French retail brand that aims to offer visitors a unique in-world experience. Users could also earn a mystery box with a jacket non-fungible token (NFT) from their collection. This clearly indicates that its ecosystem and in-world experiences are consistently growing.
Despite the growth of its ecosystem and offering, The Sandbox (SAND)’s value has decreased. As of April 20, 2023, The Sandbox (SAND) was trading at $0.6201.
In the last 24 hours, its value decreased by 4.5%, and in the last 30 days, its value saw an additional decrease of 8.67%.
The all-time high of The Sandbox (SAND) was on November 25, 2021, at $8.44.
With its recent performance, investors are worried that it might see a bearish run in the future, and as such, they are diversifying with altcoins such as HedgeUp (HDUP).
HedgeUp (HDUP)
HedgeUp (HDUP) is being developed as the world’s first Web3 alternative investment trading platform.
Through the usage of HedgeUp (HDUP), anyone will be able to become an investor through the trading of fractionalized non-fungible tokens (NFTs).
Users can begin investing in various renowned alternative assets on a global scale, such as wine, watches, diamonds, gold, whiskey, and much more.
The goal of the platform is to empower anyone to diversify their portfolio and begin making investments with as little as $1. All of the minted NFTs are backed by physical assets and are fully insured and held within one of the security deposit vaults maintained by HedgeUp (HDUP). As for the security behind the smart contract, it was audited successfully by Solidity Finance.
There are a total of 620,000,000 HedgeUp (HDUP) tokens. However, only 26% of them are available for public presale. The token launch will occur either on June 24, 2023 or when all eight stages of the HedgeUp (HDUP) presale conclude.
At Stage 2 of the presale, the HedgeUp (HDUP) token is offered at $0.013. Analysts predict that by the end of 2023, it will climb to $2 in value. The founders and team tokens are locked for 18 months and moderately released to the shared wallet once a month after the lock-in period.
With this in mind, investors and traders who want to get the most out of the HedgeUp (HDUP) token can get it through the presale stage before it explodes in value.
Find out more about the HedgeUp presale here:
- Website: https://hedgeup.io/
- Presale: https://app.hedgeup.io/sign-up
- Telegram: https://t.me/HedgeUpChat
- Twitter: https://twitter.com/HedgeUpOfficial