2022 has been quite a year for cryptocurrencies so far. We’ve witnessed one of the biggest market crashes since 2017 and it’s been devastating for some coins. Giants like Terra (LUNA) lost all their value (99.5%) while many lost as much as 80%. Klangaverse…
For some investors, purchasing a completely new coin is the way out, for others, it’s to wait for their favorites to start recovering. Whatever category you find yourself, this article has you covered.
Let’s take a look at some coins you should have in your portfolio as we approach the bull season.
Klangaverse (KLG) is an emerging new coin that’s coming with a beautiful use case. With the desire to be the ultimate NFT coin, Klangaverse (KLG) is bringing artists, listeners, and various music professionals to its network.
Klangaverse (KLG) aims to provide a platform where music lovers can connect with their favorite songwriters and artists. Record labels will be nonexistent on this platform, and they won’t be any exploitation either. The idea is to make fans the record label while the artists gain total control of all that happens in the ecosystem.
It’s become a trend for music labels to sign up an enterprising young musicians and once they get their signature, a lifetime commitment is expected. Majority of these music labels view the artists as independent contractors and as such end up not paying them very well.
The worst part is, majority of these artists are happy to sell their copyright to these music labels in a bid to get good profits return as soon as they get famous. Alas! They always get very low percentage promise which is often not paid to them.
Luckily, Klangaverse (KLG) has emerged to make all of this fade away. It’s made it possible for fans and users to simply buy NFTs to which they will use and support their preferred artists anytime.
Furthermore, the platform allows fans to get some royalties as they stream these songs. They also get exclusive access to engage other fans on the platform through a forum called Music Klub.
Cosmos (ATOM) is one of the coins that was developed in 2014. It was created by a swiss interchain foundation. One of the things that make Cosmos (ATOM) succeed greatly is its ability to offer huge Interoperability features. With a market cap of over $2.1 billion, Cosmos (ATOM) stands strong on CoinMarketCap.
The crypto can draw upon its ecosystem proof-of-stake consensus mechanism in a bid to complete tasks. This is what also helps it complete cross-chain smart contracts. Cosmos (ATOM) has an open-source hub with which users are allowed to create whatever dApps they want.
One of the services Cosmos (ATOM) offers is Tendermint which is highly user-friendly. With Tendermint smart contracts get quick validations.
Tezos (XTZ) is a popular coin that entered the crypto scene in 2018. Having a market cap of $2.1 billion, this coin has survived intense market dips.
Tezos (XTZ) has a token that’s a complete blend of inflationary and deflationary, and this makes it perfect. Owning to the massive support the coin has been receiving, its developers have resumed minting more.
Tezos (XTZ) boasts of a fantastic funding model which helps its value stay stable always no matter what’s happening in the crypto market.
Finally, Tezos (XTZ) employs Ethereums (ETH) impressive energy-based blockchain when completing certain transactions. With this, Tezos (XTZ) is able to remain reliable and completely trustworthy.