The decline in the usage of tangible money demonstrates a shift in society’s thinking. As we’re no longer restricted to the things we can touch, there’s an entire world out there that we’ve just begun to scratch.
The virtual world is coming, and with it comes, a virtual financial wave. Cryptocurrencies like FIREPIN Token (FRPN), Cardano (ADA) & Fantom (FTM) are just a few of the digital assets that investors now place their confidence in instead of traditional financial assets. Let’s take a look at why.
FIREPIN Token (FRPN) has just entered the second phase of its presale, which promises to be one of the most exciting in recent memory. The token will go live in May, and the presale has already made some serious money for its earliest investors.
FRPN holders will have the ability to vote and participate in majority decisions that determine the path of the project since FIREPIN is a community-led DAO (decentralised autonomous organisation).
With FRPN still having one more presale phase to go before its official debut on May 27th, a 3500% increase since it began its presale indicates triumph. Fear not, there is still plenty of growth potential for FIREPIN over the remaining of the presale and into the future.
FIREPIN Token promises to integrate into the Metaverse and has ambitious plans to launch some of the best NFT based games of the future. Alongside this, holders of FRPN will be able to use it as a transfer network between Ethereum, Binance, Solana, Avalanche and Polygon to help facilitate transactions as quickly and cost-effectively as possible.
Cardano (ADA) was created in 2017 and is now the eighth-largest cryptocurrency by market capitalisation. With the help of crypto and the blockchain, Cardano’s creators hope to “redistribute power from unaccountable systems to the margins and people,” as they put it.
One of the things that has held ADA back over the past few years is the lack of smart contract capabilities. As a result of this, Ethereum has seen widespread success and left Cardano behind. Now, ADA has begun facilitating smart contracts which make it a ready-made replacement for Ethereum if the delays of ETH 2.0 continue. Keep an eye on the developments of these two goliaths over the next few months.
Fantom (FTM) is a decentralised layer 1 smart contract platform for Dapps and digital assets that was created as another replacement for Ethereum (ETH). The lack of scalability and security has been a major issue with the older blockchains. Unlike its competitors, FTM claims to be able to process any transaction in less than two seconds. Solana (SOL), the number one Ethereum killer for 2021, takes about 13 seconds, in comparison to the up to a minute-long process on Ethereum.
Currently, Fantom supports more than 80 decentralised applications (DApps) on its blockchain. SpookySwap, SushiSwap, and Curve are all examples of dApps that have been successful.
Fantom has made a big deal out of the fact that there are three primary reasons to use its blockchain instead of the competition. Due to the growing number of validating nodes and the scalability of the blockchain, trades may be conducted at rapid speeds and at cheap prices. The value of FTM could and probably should be 10x at least in the next couple of months.
Cardano (ADA) and Fantom (FTM) are two projects in the smart contract wing of cryptocurrency that are predicted to have successful 2nd and 3rd quarters. The introduction of FIREPIN Token (FRPN) into the crypto world could shake up the way we view the Metaverse and make it more understandable.
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