Cryptocurrencies have brought significant wealth to many individuals in recent years and caused crypto popularity to grow all around the world. However, with the ever-increasing amount of new cryptocurrencies joining the market, it can be more daunting to start investing than ever. Quitriam news…
For many newcomers, learning from prior presale success may be a smart place to start. Many new crypto projects, such as Quitriam Finance (QTM), that are introduced in presale normally draw a lot of interest from experienced investors, but here are some reasons why crypto market newcomers should also consider presale tokens.
Quitriam Finance (QTM)
Coins are provided at a cheaper price and are regarded as more secure during the presale stage, which occurs prior to the live market launch. This is because the price cannot decline, implying that your invested cash has greater room to grow. It also applies to Quitriam Finance. Since the commencement of the presale, the value of Quitriam Finance’s native token QTM has increased by more than 64% and is expected to wow the early investors in the upcoming weeks.
Quitriam Finance (QTM) is a decentralised multi-chain AMM, Incubator, Yield Farming, and NFT Launch platform that hopes to address the scalability challenges of DEXs and blockchains. Quitriam Finance seeks to provide an inclusive DeFi (Decentralised Finance) ecosystem powered by a more equitable, less costly, and more practical multi-chain AMM.
Quitriam Finance project prioritises decentralisation, scalability, and the fostering of peer-to-peer (P2P) connections with liquidity provided by other community members. The network aims to allow users to trade tokens at a pace of more than 50,000 transactions per second for a fee of $0.00001 per transfer.
So far, Filecoin (FIL) has had the most successful presale in the crypto industry. It earned a remarkable $52 million during its initial presale stage in 2017, followed by $205 million during the Initial Coin Offering (ICO). The price increased by 350% from $1 to $4.58, reaching a peak of $237.24 in 2021.
Filecoin is a decentralised storage system built by the community. It leverages blockchain technology to supply a distributed digital storage and access mechanism. Filecoin operates as an open protocol backed by a blockchain that records the network’s contributors’ commitments, with transactions carried out in the native cryptocurrency FIL. The blockchain operates on both proof-of-replication (PoRep) and proof-of-spacetime (PoSt) consensus.
Tezos (XTZ) is a secure and upgradable open-source blockchain platform. This proof-of-stake (PoS) blockchain network offers peer-to-peer (P2P) transactions by deploying smart contracts and facilitates the building of decentralised applications (dApps). The network operates via the native token XTZ. In 2017, the network had a tremendously successful Initial Coin Offering (ICO), raising a then-record sum of $232 million.
Even though Tezos is highly comparable to Ethereum (ETH), there are several key features which Tezos utilises in order to address challenges experienced by Ethereum’s blockchain network. Tezos provides a more sophisticated infrastructure that can adapt and develop without risking a hard fork. Functioning as a self-amending blockchain network has enabled this crypto project to stand out in the industry.
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