There are dozens of intriguing blockchain projects, many of which could provide lucrative long-term returns. However, Polkadot (DOT) and Seesaw Protocol (SSW) strike me as two of the most intriguing. Both seek to bridge decentralised ecosystems and financial services, and both are pursuing aggressive growth strategies that could result in a significant price increase in 2022.
Polkadot (DOT)
Polkadot is designed as a highly scalable smart contract platform comprised of an ecosystem of interoperable blockchains in an attempt to improve upon Ethereum.
At the heart of Polkadot is the relay chain, a Proof of Stake (PoS) consensus-based blockchain tasked with orchestrating the entire platform. Numerous programmable blockchains, dubbed parachains, are connected to the relay chain, each of which is capable of supporting decentralised applications (dApps) and decentralised finance (DeFi) services. Certain parachains can even connect to other blockchains, such as Ethereum.
Polkadot began auctioning parachain slots to developers in November. The process is far from complete – only five parachains have been connected to the relay chain, though that number will increase to 11 by March 11, 2022 – but Polkadot intends to support 100 parachains in due course. At that point, the network’s throughput could exceed one million transactions per second (TPS), with each transaction taking less than 60 seconds to complete. By comparison, Ethereum currently supports 14 TPS, and transactions frequently take up to six minutes to complete.
Polkadot has seen encouraging growth since onboarding the first parachains in December. With over $800 million invested in the platform, it is already the thirteenth most popular DeFi ecosystem. As more parachains are integrated and Polkadot’s ecosystem continues to expand, more people should adopt platform-based products. As a result, demand for the DOT token – Polkadot’s native cryptocurrency – will increase, pushing its price higher. And, with DOT trading at a 66% discount to its all-time high, this digital asset may be poised for a bull run in 2022.
Seesaw Protocol (SSW)
Seesaw Protocol is a cryptocurrency wich bridges multiple blockchains or ecosystems, and in doing so enables holders to send and receive value across multiple blockchains. SSW is superior to other cryptocurrencies in that it will facilitate transactions between Binance (BNB), Polygon (MATIC), and Ethereum’s Smart Chain (ETH).
This also enables Seesaw Protocol to offer holders more affordable and faster transactions by utilising the most efficient blockchain at the optimal time (depending on congestion) to find the quickest and cheapest transaction.
Seesaw Protocol’s presale has just begun, offering buyers an excellent opportunity to get in early. As Solana’s incredible rise of over 40,000% last year demonstrates, investing early in these types of cryptocurrencies can result in massive returns.
Seesaw Protocol’s presale price has already increased from $0.005 to $0.016, meaning that holders have already profited by 300%, in under 2 weeks. Due to the fact that holders are unable to sell during the presale, the price can only continue to rise until launch. With this being the first presale phase, and if the current rate of buying continues, it stands to reason that early buyers have a chance of seeing 10x returns on their money before SSW’s launch in April.
In a world where cryptocurrencies move at a breakneck pace, investing early can result in massive profits on a small initial investment. Seesaw Protocol offers the best current potential for exponential growth in 2022.
For More on Seesaw Protocol:
Presale: https://presale.seesawprotocol.io/register
Website: https://seesawprotocol.io/
Telegram: https://t.me/SEESAWPROTOCOL
Twitter: https://twitter.com/SEESAWPROTOCOL
Instagram: https://www.instagram.com/seesaw.protocol