The bigger the cryptocurrency industry grows, the more emerging coins and tokens crypto investors and enthusiasts are exposed to. And while this may seem like a blessing, it brings with it a bigger problem: the problem of choice.
Different cryptocurrencies pop up daily with diverse but unique use cases; the big question is, what is best suited for investors to enjoy the maximum possible ROI?
This article carefully examines three of these “best fit” – Uwerx, Gala (GALA) and Frax (FRAX) – and examines their use cases and why investors should not miss them. Let’s dive right in!
Gala (GALA): An exciting rise in the gaming ecosystem
Gala (GALA) powers the Gala Games ecosystem and is a native digital utility with multiple use cases, including but not limited to facilitating P2P payments, making NFT purchases, rewarding nodes, and much more.
Gala (GALA) is primarily designed to revolutionize the gaming industry and challenge the traditional centralized model to prevent the loss of items due to platform closures or bans. Now players can fully own their in-game resources while enjoying player-driven gaming experiences.
Thanks to these innovative introductions, crypto analysts predict that Gala (GALA) will experience exponential growth in the coming months and could reach a peak of $0.042 by the end of 2024 Q1.
Frax (FRAX): The emerging challenger to existing fixed-delivery stablecoins
Frax (FRAX) is a fully on-chain, open-source, and permissionless stablecoin protocol designed to provide decentralized and highly scalable algorithmic money to replace digital assets in a fixed supply, such as Bitcoin (BTC).
In addition to being the first fractional-algorithmic stablecoin protocol, Frax (FRAX) is also the only stablecoin whose offerings are partially backed by collateral and algorithmic. The ratio of this partial backing largely depends on how the market is pricing the FRAX stablecoin. If the price is below $1, it means a higher collateral ratio and vice versa.
The founder of this project, Sam, recently announced that a consumer price index (CPI) is imminent. This CPI has its native stablecoin, the Frax Price Index (FPI). How exciting is this?
The launch of this CPI will help Frax (FRAX) break free from the USD peg, allowing token holders to enjoy an incredible increase in the dollar value of their holdings each month. It is therefore safe to say that Frax (FRAX) can serve as an important hedge against inflation.
With a price increase of 0.49% in the last 24 hours, Frax (FRAX) is currently priced at $0.9993 and is expected to cross $1.5 before the end of 2024 Q1.
Uwerx (WERX): the revolution the freelance industry needs.
The gig economy is growing rapidly, overshadowing the traditional on-site work model. And as the industry enjoys a higher valuation, freelancers and clients are always looking for better working conditions so that their projects can be completed without breaking the bank or losing a significant portion of their income – as the case may be.
This is why Uwerx was created; an emerging blockchain-based freelance platform designed as a more secure and cost-efficient marketplace that aids in more transparent and better work collaborations between freelancers and clients. In terms of cost efficiency, Uwerx plans to charge a 1% transaction fee instead of the 20% and 10% currently charged by Fiverr and Upwork.
In addition to its exciting features as a freelance platform, Uwerx also offers exceptional opportunities for crypto investors, thanks to its innovative real-world usage. Many investors are quick to jump on the bandwagon as soon as they can, and this is reflected in presale phases 1 to 4, which are being completed at a record pace.
The Uwerx platform currently has over 5,500 logins and their social media community has grown to over 1,600 Telegram subscribers and over 1,600 Twitter followers.
The WERX Token is currently in Presale Phase 5 and is selling for $0.041 per token plus a 15% purchase bonus. The team also adjusted token allocations to support presale velocity requirements and locked token liquidity for 25 years, while announcing their plans to send WERX tokens to holders after the end of this presale phase.
The tokens will be sent over a 6 week vesting period with 8% in week 1, 10% in week 2, 14% in week 3, 18% in week 4, 22% in week 5 and 28% in week 6.
Pending listing on Uniswap by August 1, 2023, Uwerx has continued to list on CoinSpider and has undergone InterFi Network and SolidProof audits to prove its legitimacy and investment worthiness. The Uwerx team has also revealed their plans to waive all ownership contracts and reduce taxes to zero before launching the project on centralized exchanges.
The Crypto Powerhouses; Which is the best bet? Uwerx (WERX)?
Undoubtedly, Frax (FRAX), Gala (GALA), and Uwerx all offer great real-world use cases for crypto investors. However, their ROI opportunities differ largely due to their different industries and average competition.
With Frax (FRAX) looking to rally against more fixed-supply stablecoins like Bitcoin (BTC) and Gala (GALA) becoming the “first ever” in its industry, their investment risks may be significantly overstated and somewhat unworthy. But this is where Uwerx comes in handy for savvy investors, especially as July 31, 2023, the end date of the final presale phase 5, is fast approaching.
The Uwerx team has also unveiled the Uwerx Vault, a vault where token holders can keep their Uwerx tokens for as long as they want while being rewarded for it. The team has also released the first PDF version of the Alpha platform with up to ten demo pages of what the actual platform will look like. The pages released include the account creation page, login page, recruitment dashboard page, client or freelancer home page, job creation page, etc.
More of these pages will be released in the coming weeks as we anticipate the transition from the Alpha platform to Beta. And in the spirit of anticipation, the Uwerx team will be happy to hear your thoughts and recommendations on the already released PDF pages. Don’t hesitate to contact them via their dedicated feedback email, firstname.lastname@example.org.
Uwerx will be officially launched on August 4, 2023 and the first Airdrop is also scheduled for the same day. But before then, following the demands of the Uwerx community, an Airdrop test will take place immediately after the end of the presale phases on July 31, 2023.
Then don’t miss this next opportunity to buy Uwerx now at a slightly higher price of $0.05245 and a 15% bonus before the price rises again.