New crypto projects are always exciting for crypto enthusiasts. The newly released GNOX enters the second round of pre-sales, while FTM and AVAX also have exciting promises for investors. Here’s what you can expect from Gnox, Fantom, and Avalanche.
Gnox is a new DeFi platform that aims to offer new crypto investors the opportunity to diversify their investments across different DeFi platforms that offer passive income. This type of passive income investment is often referred to as “yield farming as a service”. This platform aims to make passive income investing as easy and low-risk as possible.
Compared to other yield farming providers like PancakeSwap, GNOX takes all the complexities of the mechanism off traders’ shoulders, offering automated services where earnings are automatically calculated and redistributed. All investors have to do is hold tokens. At Gnox, the Treasury handles investment decisions and management for its holders, paying monthly returns. Of course, owners have governance votes that let them decide how much risk they want to take, but the protocol handles the rest of the procedures and investors don’t have to manage the investments themselves.
Although the platform is still in the pre-sale phase, Gnox has seen strong growth over the past few weeks, achieving a 60% price increase. The next round of GNOX pre-sales starts in a few days, and the community and token adoption are heating up significantly.
Fantom (FTM) is an innovative contract platform that promises to be fast, scalable and secure. It uses a unique consensus mechanism called OperaChain, which is more efficient than existing protocols.
Founded in 2018 by a team of experienced blockchain developers, Fantom raised $40 million in a successful Initial Coin Offering (ICO). The project is backed by several high profile investors including Binance Labs, OK Blockchain Capital and Signum Capital. In 2020, Fantom launched many key products and features including Fantom Wallet, Fantom Explorer and Fantom Replaceable Tokens (FTM-RTs).
Looking ahead to 2022, Fantom appears to be continuing its impressive growth trajectory. The team has ambitious plans to expand the platform’s ecosystem and increase its adoption. Keep an eye on this project as it seems to be having another big year!
Avalanche (AVAX) is a platform for building decentralized finance (DeFi) applications and is already being used by several large organizations.
So what can we expect from Avalanche in 2022? First, we can assume that the platform will continue to see mainstream adoption. Large organizations like Microsoft and Samsung have already started using Avalanche for their DeFi needs, and more are likely to follow in the coming year. This will lead to more development on the platform and more users and transactions. Additionally, we can expect Avalanche to launch many new features and products in 2022. One of the most anticipated is the launch of Avalanche’s decentralized exchange, which is currently being developed and tested. This will be a significant step forward for the platform as it will allow users to trade a wide range of assets in a completely trustless and decentralized manner.
Avalanche is also working on making its platform more user-friendly and plans to launch a mobile app and create more tutorials and documentation. All in all, there’s a lot to look forward to for Avalanche in 2022.
Overall, analysts suggest blocking and loading GNOX, FTM and AVAX for higher revenue. Investors are keeping an eye on the next rounds of pre-sales and further updates from GNOX.
Learn more about GNOX:
Participate in the pre-sale: https://presale.gnox.io/register
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