The market value of two popular cryptos, Liquity (LQTY) and Chiliz (CHZ), has increased recently. These gains have been attributed to the greater adoption and acceptance of these coins by the general public. Also, despite crypto instability, the persistently rising investor interest in the coin market has contributed to these significant leaps.
Recently, a new crypto project, Uwerx, has been working to consolidate its impressive presale launch. In this article, we will review these three cryptos, analyzing how they have navigated the instability in the market.
Get Zero-Interest Loans With Liquity (LQTY)
Liquity (LQTY) is a decentralized lending protocol that allows users to obtain 0% interest loans using Ether as collateral. Loans have a minimum collateral ratio of 110% and are issued in LUSD, a stablecoin pegged to the US dollar.
Compared to other DeFi lending protocols, Liquity’s (LQTY) 110% ratio is relatively low. This is because the protocol leverages an “instantaneous liquidation mechanism” to increase the efficiency of capital flow. Asides from the collateral, the loans are also secured by Stability Pools containing LUSD deposited by liquidity providers.
According to the latest data from Coinmarketcap, Liquity’s (LQTY) market value has increased significantly in recent weeks, jumping from roughly $0.7 in February to $1.76 in March. Several variables, including more adoption by well-known companies and rising investor interest in cryptocurrencies generally, have been cited as the factors for this surge in value.
Nonetheless, experts are backing it to continue gaining momentum. Data from priceprediction.net predicts the value of Liquity (LQTY) to hit $3.52 by Q4 2023 and may rise to $4.88 by Q4 2024.
Chiliz (CHZ): Building Engagement With Your Favorite Sports Team/Athletes
Sports has been a connecting bridge for decades, building long-lasting relationships worldwide. And with blockchain technology, fans can connect more with their favorite team/athlete.
Some fans can afford a rare digital collector card or an NFT avatar of top athletes that costs thousands of dollars. However, most fans can only own fractions of their favorite teams’ or athletes’ franchises, which is where Chiliz (CHZ) comes in with its fan tokens.
Sports token, Chiliz (CHZ), is a popular crypto that powers the world’s first blockchain sports engagement and rewards platform, Socios.com. Fan tokens issued by sports teams/athletes on Socios.com grant fans the voting rights to participate in franchise-based surveys and pools.
The tokens also give fans access to discounts, promotions, and exclusive content. They also enable the fans to compete with one another in sports knowledge quizzes and enter-to-win rewards, such as signed franchise items.
Socios’ fan tokens are driving a revolution in the sports and entertainment business, positively impacting the value of CHZ, Chiliz’s (CHZ) utility token. However, according to Coinmarketcap, the value of Chiliz (CHZ) dipped temporarily over the last 30 days. Chiliz (CHZ) dropped from $0.14 in February to $0.127994. The token is also down 3.38% in the last 24 hours. Experts believe Chiliz (CHZ) will finish the year strongly as priceprediction.net backs the coin to reach a maximum value of $0.19 by Q4 2023.
Get Onboard Freelancing on Blockchain With Uwerx (WERX)
There’s a growing scramble for talents and experts worldwide. Top traditional and centralized freelance platforms like Fiverr and Upwork are consistently connecting businesses with qualified talent pools every day.
But why can’t we fuse the functionalities of these traditional sites with blockchain technology to produce a decentralized environment? This is what the new crypto project, Uwerx, will offer. When launched, Uwerx will be a cutting-edge, secure blockchain-based platform that connects skilled freelance professionals with clients worldwide.
By introducing the first global, blockchain-powered freelance ecosystem, Uwerx seeks to revolutionize, reconceptualize and transform the freelance industry. The blockchain-based platform will guarantee secure and transparent transactions between clients and freelancers. Uwerx will also feature dispute resolution, escrow payments, lower fees (1% Fees vs. 20% at Upwork and Fiverr), freelancer webinars, and performance and sign-up incentives to boost user experience.
We believe these are reasons why the project’s presale is generating so much buzz. Audited by InterFi Network and SolidProof to guarantee security, Uwerx will offer 300 million (40% of the total supply) of its native WERX coin in various presale stages starting at $0.00995/WERX. In addition, the minimum purchase during this stage will be $15, and investors can purchase WERX using 18 different top cryptos (BTC and ETH, inclusive).
Finally, after the presale, the ecosystem plans to establish a 25-year locking period. The coin developers will renounce the ownership of liquidity pool (LP) tokens by sending them to a time-lock smart contract. The team is aware of the risk of potential scams and will renounce the contract ownership of the project when taxes reduce to zero. We are of the opinion that these approaches will guarantee the security of investors’ funds against a rug pull.
The coin market has always been saturated with new and innovative ideas. Yet, the concept behind Uwerx is outstanding, signaling an exciting future for the project.
As the development team continues to work hard on the technology, Uwerx may soon match up with established crypto projects like Liquity (LQTY) and Chiliz (CHZ). Click the links below to learn more about Uwerx and its presale and benefit from the 20% purchase bonus.
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network
