The crypto market is highly volatile. However, that volatility also creates great opportunities for people to make profits. A good example of this is Bitcoin. Since its introduction, its value has increased thousands of times. Those lucky enough to invest in BTC in its early days are most likely to be millionaires today.
The crypto market has matured significantly and the opportunities to mint millions have decreased, but it is still possible to get rich. One of the first things you should look at when investing in a crypto project is its value proposition. A good crypto project must have solid real-world use cases. To date, many cryptocurrency projects have failed due to a lack of real-world use cases. The following are good examples of long-term viable projects.
Smarter Works (ARTX)
SmarterWorx is an innovative project that aims to merge the art world and cryptocurrency. This project settled in the art world for its enduring nature. Since the advent of modern civilization, art has always been considered a worthwhile investment.
In the modern financial system, art is a prominent feature in the wealth portfolios of global billionaires. Since 2000, art as an investment has proven its worth. Since then, it has outperformed the S&P 500 Index every year. It’s also performing many times better than properties that have recently experienced significant volatility.
Many wealth managers today believe that art should be part of their overall wealth strategy. In the first half of 2022, art sales at auction increased from $3.27 billion in 2020 to $7.9 billion. Today, many young art collectors show keen interest in his NFTs, while many others support the idea of a split investment in art.
SmarterWorx is therefore a project built to meet the huge market demand for the convergence of blockchain and art. As his recent NFT craze shows, many people, especially young people, are interested in investing in art outside of traditional means.
Due to the high demand for crypto-based art, SmartWorx created the ARTX token. The value of this token has stabilized with a sizeable art collection. The art collection consists of works of contemporary art linked one-to-one to the NFT. Backed by a vast array of carefully curated art, ARTX is a stable long-term investment that will appreciate in value over time.
Another strategy SmartWorx uses to maintain value is investing in the community. Developers understand the huge role a supportive and motivated community can play in promoting the value of crypto projects. Receive a share of rewards and royalties. All NFTs are embedded on the blockchain, making tracking of these fees automatic, secure and verifiable.
Aptos is designed as a Layer 1 blockchain created by Aptos Lab. It supports smart contracts and uses the Move smart contract language. What stands out is that it was developed by the team behind the Facebook Diem crypto project. Diem wasn’t successful, but the team gained a lot of experience during the work.
Aptos uses a Proof of Stake consensus mechanism. Combined with the Move programming language, it is extremely flexible and secure. Developers using Aptos have more control over data management and execution.
Lido Stakeed ETH (stETH)
Another promising project is Lido Staked ETH (stETH). Stake Ether (stETH) was launched in 2020 in anticipation of Ethereum 2.0 with a Proof of Stake mechanism. Its goal is to act as a liquidity token that allows holders to deposit their ETH into a smart contract on her Lido blockchain and receive stETH in return on a 1:1 basis.
Holders of stETH tokens can benefit from yield farming such as DApp financial products while earning ETH 2.0 staking rewards. stETH tokens allow holders to earn staking rewards for each day they hold the token. These tokens are liquid. In other words, it can be used for selling, trading, or investing.
All the crypto projects mentioned above are great investments. However, the SmarterWorx (ARTX) project stands out in that it is still in its formative stages. Therefore, there is an opportunity to make huge profits by investing in the pre-sale stage.
For more information:
Join the presale: https://smarterworx.io/buy/
Disclosure: This is a sponsored press release. Do your research before buying cryptocurrencies or investing in projects. Read the full disclosure here.
Photo by Shubham Dhage on Unsplash