For most experienced cryptocurrency traders and investors, Decentralized Finance (DeFi) is the financial model of the future, but the rest of the world is aware of this yet. Solana (SOL) and Axie Infinity (AXS) have been attempting to break down the barrier for a while now, so it is only a matter of time.
The mass adoption that these crypto projects are aiming for could bring about the financial revolution that the world is in desperate need of right now. The crypto market has now welcomed Dogeliens (DOGET), bringing the financial future closer. Let’s see why the introduction of Dogeliens (DOGET) is a major win for the crypto market.
Light Speed Transactions With Solana (SOL)
The Solana (SOL) blockchain was introduced in 2018, following the announcement of its whitepaper a year before. The network was a perfect solution to the existing blockchain issues, as so many blockchains found scaling to handle the increased user influx to be extremely difficult. Some who could accommodate it traded speed in exchange for higher network rates.
Solana (SOL) is well-known for its minimal network costs and quick transactions. The platform verifies transactions employing smart contracts based on a hybrid protocol arrangement of proof of stake/proof of history. This hybrid protocol, according to the developers, is the key to Solana’s excellent characteristics because it drastically minimizes the energy required to complete each transaction.
Solana (SOL) reached its peak coin price in 2021, following the launch of the platform’s localized NFT marketplace. The NFT club attracted members from other networks, like Ethereum and Polygon, in which high gas fees inhibited smooth trade, to Solana (SOL), which guaranteed speed and low gas fees.
Solana’s (SOL) worth on several DEXs has decreased by around 87% since the crypto crash. According to CoinGecko, it is presently selling for $33.61.
A New Player In The Virtual Space – Axie Infinity (AXS)
The Axie Infinity (AXS) blockchain platform is an NFT-based game inspired by Pokemon that allows players to trade as well as battle with virtual pets called Axies. The play-to-earn game Axie Infinity (AXS) allows players to earn tokens that can be exchanged for bitcoin.
In the world of blockchain video games, the play-to-earn mechanic made famous by Axie Infinity has become standard (AXS). This protocol is the most popular game DApp in Ethereum’s ecosystem of decentralized apps (DApps), with the highest user interaction. As a business, Axie Infinity is also well-positioned in the developing industry for blockchain-based video games.
The AXS token powers the game’s economy, which is built on the Ethereum blockchain. The remarkable qualities of AXS are what set it different. Axies can be bred to create new generations, bought and sold in the market, or won in minigames. A sophisticated educational system is also offered to help new players master the game’s controls.
Despite the current cryptocurrency market meltdown, Axie Infinity (AXS) is a long-term attractive asset. The players never get bored because the team is always upgrading and introducing new features. And the game’s thriving player base contributes to the ecosystem’s growth.
Galactic Ambition – Dogeliens (DOGET)
Dogeliens (DOGET) is a fascinating, new cryptocurrency with an intriguing story for the current market environment. DOGET is a meme coin aspiring to join the dog token family. Dogeliens is encouraging users to join the project at a lesser fee due to the popularity and acceptance of Dogecoin and Shiba Inu.
And the tale is taking shape beautifully. Among other hilarious words and slang devised for the group, Dogeliens wants to be renowned as the pup-pet master. In 2021, DOGET will be identical to Dogecoin and Shiba.
To become a member of the Dogeliens (DOGET) family, simply be a productive participant in the community and be willing to assist others in order to aid the Dogeliens (DOGET) ecosystem grow by the day.
Users can learn about cryptocurrencies at the Dogeliens Academy, which is available on the platform. Because Dogeliens (DOGET) is a component of the metaverse, it seeks to expand its coin beyond the Dogeliens (DOGET) network.
Dogeliens (DOGET) is involved in charitable initiatives, with 3% of all network transactions going to its charity wallet. The Dogeliens (DOGET) community votes about which charities to donate to at the end of each month, and the platform works closely with charity organizations to fund education in various parts of the world.
Dogeliens is an exceptional community-driven project that has introduced additional functionalities that were not before available with meme currencies. Overall, purchasing this currency during the presale is definitely a great opportunity to secure your financial future.
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.