The crypto market has been sending some mixed signals. These have made token holders and traders ask themselves if the bottoms are over. This is difficult to conclude since we recently started to see a bounce. Bitcoin has moved to $23,000 and has since been hovering around; other tokens have followed this upward rally. Doubling down on your portfolio is still a very good investment strategy.
Two blockchain networks that have the potential to be good crypto purchases are Solana (SOL) and Feed3 (FD3). This editorial will explore why these two cryptocurrencies are ones to pay attention to during the bearish market.
The Permissionless Blockchain – Solana
Solana (SOL) is an open-source platform that creates a permissionless layer-1 blockchain. Solana was founded in 2017 by Anatoly Yakovenko, a former Qualcomm executive, to scale traffic beyond popular blockchains while keeping prices low. Solana’s third-generation architecture is intended to simplify the implementation of smart contracts and decentralised applications.
Solana supports a variety of DeFi systems as well as nonfungible token (NFT) marketplaces. Solana uses the hybrid consensus model “proof of history” and synchronisation engine, a variant of the “proof of stake”. This way the Solana network can process over 710,000 TPS without needing a scaling solution.
FEED3 Will Create Its Very Own Unique Model
FEED3 (FD3) is the world’s first audio feedback tool, created to assist the web 3.0 community in providing feedback on their general experience while playing a blockchain-based game or connecting with a dApp via AI-powered voice notes. Feed3 pays users for their contributions with FD3 tokens, the project’s native cryptocurrency. In this manner, a Feedback-to-Earn (FB2E) model is added to the blockchain game’s existing play-to-earn model, establishing a secondary income channel for players by expressing their feedback and opinions.
Feed3’s Feedback-to-Earn (FB2E) concept is a game-changing idea that aims to provide players with the option to record and submit audio feedback. In exchange for contributing feedback, gamers will be rewarded with Feed3’s native token, FD3 tokens. The type of blockchain game will determine the nature of feedback and the functionalities it provides to players. The game developers will receive this feedback and will be able to use the data to make modifications and augmentations to the game to improve player satisfaction, engagement, and gameplay experience.
FEED3 Offers Intelligent NFTs By Using Artificial Intelligence
Intelligent NFTs are a collection of 10,000 NFT avatars (ERC-721 token standard) merged with Freeda’s pre-trained AI language model ‘engines.’ These iNFTs will be in charge of analysing audio feedback and creating passive income in the form of FD3 tokens for the owners. They will also have embedded intelligence, self-learning capability, metaverse-agnostic capabilities, and fractional ownership. The ability to record long-length audio feedback increases with the level of iNFTs.
Bonus
Feed 3 has some bonuses available for those who decide to jump in quickly. Each presale stage has unique bonuses for those willing to buy fast. Users who buy in stages 1, 2, and 3, respectively, would be rewarded 5%, 4%, and 2% more FD3 tokens. You also get bonuses for depositing with fiat: for depositing $100, you get a 1% bonus; for $500, you get 5%; for $1000, you get 10%; for $2500, you get 12%, and for $5000 you get 18%.
Conclusion
Even with all the mixed signals in the air, choosing the right token to buy for long-term holding is still a great move. Dollar Cost Averaging (DCA) is one of the best ways to get this done. Solana (SOL) and FEED3 (FD3) are also great projects you can decide to hold from now on. FEED3 is a fast-rising token with solid potential that you should keep your eyes on.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
