Fantom (FTM) created a buzz back in 2018 at its launch. The platform was touted to be better, faster, and more economical than 2nd generation blockchain networks like Ethereum. Raising over $40 million in its token sales, Fantom (FTM) rapidly deployed and started to deliver on its promises.
Fantom (FTM) Investors Losing Spirit?
Fantom (FTM)’s popularity lies in several factors, such as simplifying the integration of dApps for porting to the network, a well-thought-out staking system, and DeFi capabilities. Fantom (FTM) is also known for its two-layer approach that helps it scale operations to thousands of transactions per second while taking around 2 seconds to settle a transaction on average. At the same time, Fantom (FTM) gas costs are extremely low, only a fraction of a cent.
This saw extreme demand for Fantom (FTM) token, and it reached its $3.48 ATH in November 2021. But recent times have not been kind to Fantom (FTM) investors. In the past 12 months, it fell from $2.08 to just $0.42. For its backers, a 77% drop has them scrambling to recover their investments.
Fantom (FTM) still commands respect. The token has an impressive market cap of $1.3 billion and is in the top 50 tokens in the market right now.
There is good news for Fantom (FTM) investors this year. With the market turning around, it might just hit $1.2. Though nowhere near its desired $2 point, this is still a decent 155% expected gain. Yet, one has to keep in mind that this may not happen at all, especially when major governments around the world are looking to bring cryptocurrencies under regulatory bodies.
Uwerx (WERX) May Save Investors
While there is a probability of positive action for Fantom (FTM), investors may still not be able to recover their losses. An alternative can be to divert investment into a project that shows higher chances of profits.
One such project, the freelancing platform Uwerx, shows extreme potential. The project is taking the best of the crypto world and merging it with one of the most rising industries, namely freelancing.
With freelancing platforms like UpWork notorious for having little regard for their users, Uwerx comes as a breath of fresh air. The platform plans to offer various advantages, such as one of the lowest fees of just 1%. This is a quarter of what major platforms charge.
On top of this, using blockchain and smart contracts will enable payment release the moment a freelancer’s task is accepted by the buyer. The use of blockchain means that all actions on Uwerx will be transparent and things like copyrights would be encoded in the ledger, preserved forever. Users will also benefit from removal of all taxes in conjunction with Uwerx control being handed over to them by the developers.
Acting as a means of payment, Uwerx’s WERX token takes center stage. The final launch of the platform will draw freelancers and clients to Uwerx, driving up the demand for the token. WERX will come with a limited supply, putting more upward pressure. The project team also is securing the WERX value by locking liquidity for 25 years after presale ends. Another step already taken is the complete audit of the ecosystem by InterFi Network and SolidProof, even before launch!
As such, many professional investors are already considering jumping ships. Many believe that WERX can rise as high as $1.5 around May this year. The best gains may be made by participating in its presale, where WERX will be priced at just $0.0075. See the links below to find out more.
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network/
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