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Blockchain based assets like cryptocurrencies and non-fungible tokens (NFTs) have been able to garner a sizable investor base globally with their functionality and promising returns. What has enabled them to win investors’ confidence is the way their returns continued to soar even as traditional investment options suffered due to market volatility and other factors. If you are struggling while selecting cryptocurrencies, there are several resources explaining cryptocurrency for beginners. Just select a few top performers like Rocketize (JATO), Ripple (XRP), and Filecoin (FILE), compare them, and then pick the ones that seem suitable. Let’s explore what makes these three cryptocurrencies worth the hype.
Rocketize: The Meme Coin For All Seasons
Rocketize is a meme coin that has been designed for cryptocurrency investors with an interest in intergalactic activities. Built on the Binance Smart Chain, the meme coin is interoperable across networks and draws inspiration from the concept of an atomic nation. It has rolled out a native token called JATO which is the primary cryptocurrency on the network. Community members will be able to purchase the token on presale and use it for purposes like staking, liquidity pool provisioning, earning rewards, accessing voting rights, and minting non-fungible tokens (NFTs). Rocketize users can create and store their NFTs in an exclusive marketplace on the network called ROCKMint.
Rocketize has designed an attractive rewards system for its users. Every time a user purchases JATO Token on presale, they become eligible for a different reward. These rewards will differ depending on a host of factors like the stage of the presale if the buyer has any referrals, the gap between signing up and the transaction, past transactions made on the platform, the cryptocurrency used for the purchase, and the amount of money spent. Here’s an example of how the rewards system works. If you intend to purchase JATO Tokens with BTC, you will get 15% additional tokens for free as a reward. Now, if the buyer has referred someone to the platform, for each $100 they spend, both of them will get tokens worth $40 each as a reward.
The platform works towards shielding investors’ interest through multiple strategies. One of the key strategies is the token’s deflationary model, wherein the tokens are burnt at regular intervals to keep their supply scarce. A limited supply ensures that the price of the token does not fluctuate due to any changes in demand. Users should know that they would have to pay a 2% tax on all transactions made with JATO Token. The platform has fixed 1 trillion as the supply of the token. The platform sets aside half of the tokens collected as tax for maintaining token holders’ wallets, while the other half is burned.
How Ripple Is Helping Tranglo Boost its Cross-Border Payments
Ripple is a decentralized platform offering enterprise-grade solutions for making financial services more affordable and transparent. It enables its clients to source cryptocurrencies, process fast-paced payments, boost their audience engagement levels, operate with lower capital, and drive revenue. The platform has launched a native token called XRP that will facilitate any transactional exchange or use that Ripple community members may encounter. In a recent development, Ripple talked about how it is helping payment processing platform Tranglo and its remittance partners to settle international payments. Ripple’s enterprise-grade solutions enable Tranglo and its partners to settle these payments in real time and without any pre-funding.
Filecoin’s New Partnership To Enhance Decentralized Storage Solutions
Filecoin is a blockchain-based platform that doubles up as a cloud storage marketplace and an incentive layer. With Filecoin, users can avail storage at hypercompetitive prices as it allows any entity to act as a storage provider and compete to onboard them as clients. The native token of the platform, FILE, is used for various transactional uses on the network. In recent news, Filecoin announced that it was partnering with Seagate, Ernst & Young, AMD, and Protocol Labs to launch Decentralised Storage Alliance to draft development standards for decentralized storage solutions to cater to the requirements of enterprise customers too. With these standards, the partners aim to accelerate the adoption of Web 3.0.
It’s quite possible and natural for investors to be indecisive while deciding which of these three cryptocurrencies is the best. The functionality and recent market performance make them hard to ignore. However, if cryptocurrency analysts are to be believed, Rocketize can prospectively outdo Filecoin and Ripple because of its growth potential in the long term. By allowing users to earn income from multiple sources and an attractive reward system, it ensures that their portfolios can provide higher growth and stay resilient to short-term fluctuations.
Learn more about the Rocketize Token:
Presale: https://rocketize.io/buy
Website: http://rocketize.io/
Telegram: https://t.me/RocketizeTokenOfficial
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.
