Some cryptocurrencies exist with a bold vision for the future of Cryptocurrency and Blockchain technology. These types of cryptocurrencies are the ones that last and that buyers look forward to because they have a clear goal and they work towards that goal. Also, projects like these remain valuable for a long period because they are focused on continued functionality and all-around improvement.
Here are three cryptocurrency tokens that fit the bill: Rocketize (JATO), Filecoin (FIL), and Tron (TRX).
Rocketize (JATO): Become a Certified Citizen of The Atomic Nation
Memes have become an entertaining means of communication in recent times. With its popularity on the rise, developers decided to take the opportunity to expand the use case of blockchain technology and this started with Dogecoin.
The latest meme token vying for the top spot is Rocketize (JATO), a blockchain-based ecosystem that values its community of users.
Rocketize (JATO) plans to be a household name in the crypto community by providing users with a decentralized ecosystem where the potential of each user is leveraged for growth and expansion. Users of the Rocketize (JATO) ecosystem will be collectively known as Atomic Nation and they will be involved in several projects such as video productions, podcasts, graphics, and other forms of creative content.
Users will also be able to take part in exclusive NFT events where they can generate and store their own NFT collectibles.
Jet-Assisted Take-Off or JATO is the BEP-20 native token of the platform that will run on the Binance Smart Chain (BSC). The success of this token will be based on its dedication to its users and to improving Decentralised Finance (DeFi).
Filecoin (FIL): An Extensive Blockchain Storage Network For Everyone
Filecoin (FIL) is a blockchain-based file storage network that allows its users to rent out their idle, unused storage space and get rewarded for it. The network offers cryptocurrency users a new use case for blockchain technology, aside from finance.
Filecoin (FIL) is one of the fastest-growing cryptocurrency communities in the market and one major reason for this is that it takes away the censorship that comes with centralized cloud platforms. The Interplanetary File System (IPFS) is the protocol that Filecoin (FIL) is built on top of. IPFS is also a file-sharing protocol but Filecoin (FIL) helps to improve it by allowing users to make a profit from its use.
On the Filecoin (FIL) network, some miners are paid for either storage, retrieval, or distribution of data. Service prices are determined by an open market and are also dependent on a variety of factors such as speed of delivery and redundancy.
Anyone can become a miner on the network as long as they have free drive space and an internet connection. These miners compete with one another for low storage price offerings.
Users can become storage miners, which are the main type of miners found on the network, or retrieval miners. Both miners help to keep the network functional and are paid in form of the platform’s native token, FIL.
Tron (TRX): The Future Of Online Content
Tron (TRX) is a decentralized blockchain-based operating network that is very similar to the Ethereum (ETH) Blockchain. The project was created for the distribution of online content and to grant complete autonomy to content creators over their work. Users can freely publish and store their own data while deciding how the content will be distributed and subscribed to in a completely decentralized manner.
Content creation has become a big deal recently but it is forced through major companies such as Google and Facebook. These companies serve as the middlemen who decide how content is distributed and what it is worth. Tron (TRX) takes away this problem of centralization by creating a global free entertainment ecosystem.
The network is kept secure through a delegated Proof-of-Stake (DPoS) Consensus mechanism where users can also earn money for staking their TRX tokens, which are the native tokens of the Tron network.
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.