As the market situation eases down, allowing room for altcoins to grow, crypto enthusiasts are looking to expand their portfolio and make back losses to the recent market downturn. Even the recent market situation has allowed some opportunities for solid altcoins to trade in the market at a discount.
Amongst the cryptocurrencies listed in this article is Uwerx, a new freelance platform currently in the ICO funding stage. Read on to discover the opportunities available in the market at the moment.
Ethereum (ETH) is the second largest crypto asset in the market, but the network holds the most value in the landscape. The network has built an exciting timeline for the future and has had two crucial updates in the past several months. Earlier in 2022, Vitalik Buterin, the founder of Ethereum, created a timeline of upgrades that are supposedly designed to make Ethereum fully scalable. The native token has performed impressively well in the past several weeks, even outperforming Bitcoin and building up dominance in the market. Ethereum has a religious community committed to seeing the network grow and is responsible for an interesting narrative that Ethereum could someday surpass Bitcoin in the market. Whether the flip happens or not, Ethereum could be an excellent hold for short-term and long-term goals.
Filecoin (FIL) is a blockchain network for decentralized cloud storage, and it’s one of the more exciting utilities we have in the blockchain landscape. It is established as an alternative to top centralized cloud storage providers like Amazon Web Services (AWS). A decentralized cloud storage solves some issues that could arise with a centralized cloud storage provider like we saw some time last year. AWS went down for a few hours, and as a result, websites like Netflix, Spotify, and a few others had an outage. A decentralized cloud storage protocol like Filecoin disallows such occurrences because it’s controlled by nodes from several places worldwide. Filecoin could be an exciting project to get into as it could be the future of the internet.
Uwerx is another solid utility project looking to build the future of freelancing with its unique platform. The project is currently on ICO, allowing early adopters to earn privileged positions to own the WERX tokens, this could be a promising set-up for some profit by launch, and experts’ price predictions agree with this. Uwerx has been on presale for some weeks, raising almost $2 million. However, what’s impressive about the token is the utility it looks to power in the gig economy. Uwerx offers several blockchain-enabled features, and we can expect functionalities like transparent pricing, community governance, smart contract compatibility, personalized matching and incentivization that allows users to earn some WERX rewards.
You get in early on WERX at $0.041 and claim an ongoing 15% bonus now.