Many people wrote off blockchain technology as a fad before seeing its potential to revolutionise the banking industry. Indeed, the exponential growth of cryptocurrency prices and interest has caught the financial world off guard.
Blockchain-based cryptocurrency tokens and non-fungible tokens have permitted frictionless transfers of money and assets while offering investors perks such as data privacy. This is possible since a central agency is not required to control transactions on a distributed ledger.
Supontis Token (PON), Avalanche (AVAX), and Fantom (FTM) are three cryptocurrencies that should help investors come out of the ongoing bear market and are ideal for long-term investments, according to many analysts.
Avalanche (AVAX) – A Virtual Haven
Avalanche is a smart contract platform that allows users to exchange cryptocurrencies and create next-generation decentralised applications (dApps) that are highly scalable and cost-effective. A native token known as AVAX is what drives the Avalanche platform, and it was developed specifically to fulfil the needs of all transactional use cases on the Avalanche network.
Developers can also create their blockchain systems and virtual computers on the platform, tailoring them to their needs. A dual-token horse racing game will soon be available on Avalanche’s network, thanks to a recent announcement made by Avalanche, which stated that the company would be collaborating with MetaDerby to make this game available.
Players can anticipate engaging in activities such as horse racing across tracks, trading tokens, betting on races, and even breeding horses. Users can anticipate a smooth and trouble-free experience within the Metaverse because of the Avalanche network’s cost-effectiveness and scalability.
Fantom (FTM) – The Multifaceted Platform
Like Ethereum, Fantom (FTM) is a decentralized digital currency (ETH). The high price tag associated with the former is a drawback. Fantom (FTM) promises to process thousands of transactions per second for less than a cent, providing a solution to this problem. Furthermore, all DApps deployed and functioning well on Ethereum may be launched and run smoothly on Fantom.
Given its model, security is a major selling feature for Fantom (FTM). Fantom (FTM) utilizes a secure Proof of Stake protocol that prevents malicious actors from compromising the network. The coin is now trading at around 0.24 USD on coinmarketcap, making it the sixty-first most valuable cryptocurrency overall.
Fantom is one of the earliest networks to provide on-chain administration. Moreover, the FTM token can be utilized to participate in Fantom’s on-chain governance processes. FTM holders can voice their opinions and offer solutions to network issues by drafting and voting on proposals through this governance mechanism.
What is Supontis Token (PON)?
Supontis Token (PON) is a platform made possible by blockchain technology. It has an advantage over similar platforms because it makes it easy to move assets from one blockchain system to another. Investors can freely switch between several blockchain platforms and their native tokens thanks to the ease of exchanging cryptocurrency.
The feature allows developers to leverage the features of many blockchains in their deployed dApps. This network takes full advantage of the proof-of-stake consensus algorithm and is based on the Binance Smart Chain.
There are two stages to the asset transfer, both of which are managed by a reliable smart contract system. When a transfer is initiated, the Supontis Token mechanism first creates a matching number of wrapped tokens in the blockchain.
The platform’s native token, PON, can be used for staking and yield farming, among other transactional purposes. The PON Token, now in presale, can be used to access incentives and cast a vote.
To Find out more about Supontis Token (PON), follow the links below:
Presale: https://register.supontis.com
Website: http://supontis.com/
Telegram: https://t.me/SupontisTokenOfficial
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