Uwerx (WERX) is a new crypto project seeking to disrupt the market for freelance workers and will leverage a real underlying market to provide utility to investors. Tron (TRX) and Ethereum Classic (ETC) are two old-school coins that are hoping to see mass adoption. That will not happen in 2023 and investors are better in coins with strong upside.
Uwerx (WERX) is Leveraging a Real Market
Uwerx can be a big coin for investors because it has all the credentials required for outsized gains. Uwerx has real utility as it is leveraging an underlying market in freelance work platforms. Uwerx is bringing freelance work to the blockchain and that means there is no competition for the project to grab market share from the Web2 market leaders. The gig economy is a fast-growing sector due to the change in work habits created by the pandemic. Uwerx can benefit from that growing trend at the right time.
Uwerx was successfully audited by InterFi Network and SolidProof and there is a lock-up period of 25 years after the presale ends, so investors know that their investments are secure as well as a renoucement of ownership of smart contracts tabled in for before the project is ready to be listed on centralized exchanges, the project looks to be one of the most secure ICOs out there. The digital ledger will provide an edge for Uwerx by cutting out middleman fees for transactions and the project has slashed fees from 20% to 1%. Employers will also like this platform as it will use the digital ledger to provide secure data and storage. Investors should get in early as this project is likely to become a blue-chip cryptocurrency platform used by millions worldwide.
Tron (TRX) Faces a Battle for Adoption
Tron (TRX) suffered from the FTX contagion in early 2023 as its founder rushed to move some of his stablecoins from to an exchange. Both the USDD and USDJ stablecoins, which are linked to the Tron (TRX) founder were struggling to maintain their $1 USD peg at the time. Tron (TRX) had to bail out the USDD coin but founder Justin Sun said the project was “safe and sustainable”. Sun had promised “at least billions” in investment to save FTX last year, but it was his empire that was at threat later.
Tron (TRX) slumped to a low of $0.0065 with the bear market as investors feared for the project. The situation has steadied, but projects like Tron (TRX) need to attract developer interest for gains and there is a lot of competition around. Investors may have been scared off by the struggles at Tron (TRX).
Ethereum Classic (ETC) Loses with PoW
Ethereum Classic (ETC) was seen as a beneficiary of the September Ethereum Merge. Ethereum Classic (ETC) still uses the Proof-of-Work architecture, and it would have been an easy switch for miners. The chain did see an initial increase in Total Value Locked to $1.4 million at the time of the Merge. However, Ethereum Classic (ETC) has since seen its TVL drop to $377k as mining has not ramped higher.
Ethereum (ETH) founder Vitalik Buterin previously endorsed Ethereum Classic (ETC) ahead of the Merge, but it failed to spark a continued rise in activity. Ethereum Classic (ETC) has slipped out of the top twenty coins and ranks at number 24. The project now has to attract miners, but that could be hard as the market migrates away from the energy intensive PoW mining technology.
We believe it could be the most revolutionary project we are yet to hear about. Follow the links below to find out more about this exciting new presale at $0.0075 with a purchase discount of 25%.
*This article was paid for Cryptonomist did not write the article or test the platform.