Cryptocurrencies have been leading a financial inclusion revolution across the world by offering investors a unique investment mechanism where it is they who’s calling the shots and not a third-party institution like a bank or a brokerage firm. Rallying prices, data privacy, buffer against inflation, and secure trading experiences are among some of the key benefits that are drawing investors across the world to these blockchain powered assets. For those facing problems while selecting cryptocurrencies for a long-term investment, an ideal strategy is to begin with research. Just look up information about some of the top performers like Rocketize (JATO), Avalanche (AVAX), and Iota (MIOTA); compare them and then make an informed decision. Here’s a brief description of the key features of the three cryptocurrencies.
A Meme Coin Aiming To Drive Impact With DeFi – Rocketize
Built on the Binance Smart Chain, Rocketize is a meme coin that seeks to amalgamate the potential of blockchain and the rising interest in intergalactic activities. Its framework is inspired by the idea of an atomic nation and is powered by pioneering technologies.
Its native token is JATO and it can be used for various transactional uses like staking, token swapping, liquidity management, and earning rewards. Interested users can purchase these tokens on presale. The total supply of the token has been capped at 1 trillion. Also, the token is deflationary which means JATO Tokens are burnt at regular intervals to keep their supply limited. A scarce supply ensures that the value of the token remains stable.
Users can also look forward to exciting rewards by purchasing the JATO Token on presale. These rewards will vary with the amount of fiat currency spent on the transaction, the type of cryptocurrency used, if the buyer referred someone to the platform, how soon after signing up did a user purchase the token, and the stage of the presale. Let’s explain the rewards system with an example. If a SHIB user wants to purchase JATO Tokens, they will automatically receive 15% tokens extra as a reward. Now, if they purchase these tokens within 30 minutes of signing up, they will be eligible for 60% tokens for free.
Users should know that the platform levies a 2% tax on all JATO transactions While half of the proceeds are burned, the other half is credited to wallets. For its governance structure, Rocketize leverages the decentralized autonomous organization (DAO) pattern wherein it awards token holders with voting rights. When a community member pitches a proposal related to operational matters, token holders can exercise these voting rights to put forward their views. Users will also get to participate in NFT events where they would be able to mint and trade NFTs in a secure marketplace called ROCKMint.
Avalanche’s Ava Labs to team up with GREE
Avalanche is an open-source platform for deploying programmable smart contracts and powering dApps. With Avalanche, users can also launch customized blockchain networks and virtual machines according to their requirements. Its native token AVAX is used for all transactional features on the network. Recently, Avalanche’s Ava Labs announced that it was teaming up with Japanese media company GREE to make strides to boost the growth of Web 3.0 games. As part of the partnership, Avalanche would help GREE’s subsidiary BLRD accelerate its blockchain gaming ecosystem.
Iota Collaborates With Trademark East Africa
Iota is a distributed ledger technology that facilitates the transfer of both data and assets for free. Its native token is MIOTA and is the primary cryptocurrency for the network. Iota has recently been in the news for its collaboration with Trade Mark East Africa, which is an aid for trade organization that works to promote trade in Africa. Called the Trade and Logistics Information Pipeline, the project would pave the way for paperless trade via a decentralized structure that facilitates seamless cross-border collaborations.
While Rocketize, Iota, and Avalanche have all been successful in driving impact in the cryptocurrency market, for many cryptocurrency analysts Rocketize is the best bet for investors looking for long-term returns. The meme coin has formulated multiple opportunities for its investors to earn passive income and even has the potential to clock 100x returns in the long term.
Rocketize Token (JATO)