Cryptocurrency isn’t all about picking the most popular token or coin, and holding until selling will give you maximum profit. As there are many cryptocurrencies in the space, so do they appeal to diverse interests and utilities.
We have meme cryptocurrencies, with their mascots based on internet memes. Some coins have been there longer than most, having enough time to amass millions of holders and high market capitalization.
Then, we also have new cryptocurrencies that have begun to show potential as the market changes. In the category Adirize, DAO (ADI) takes the cake even as it enters its second stage of public sales. The algorithm reserve currency is set to revolutionize the decentralized finance space and utilize blockchain technology differently.
The absence of DAO cryptocurrencies at the helm of affairs gives Adirize DAO (ADI) the right opportunity to be the pioneer of future game-changing projects.
As the name implies, Adrize DAO is a decentralized autonomous organization that gives power to its users to make decisions. A reserve currency, ADI, powers the DAO. Adirize (ADI) intends to provide the crypto market independence, removing the need to depend on the US dollar.
Most crypto projects have coins or tokens that allow their prices to be determined by the market or tagged to the US dollar for stability. The ones under the market influence are subject to conditions that make them unstable stores of value, even against inflation.
Stablecoins are also unreliable, falling once the dollar succumbs to inflation. It also negates the importance of the decentralized finance sector. What we have are shortcomings on both ends.
As a DeFi currency, ADI intends to retain the essence of decentralization while achieving its status as a reserve currency. It is backed by a treasury of cryptocurrency assets owned by the Adirize protocol, ensuring the value remains stable without depending on an external factor. Or the dollar.
The protocol, in return, gets money from bond sales and uses it to mint ADI. The liquidity pool also accumulates through liquidity bonds. This creates a protocol-managed treasury and protocol-owned liquidity used to regulate supply expansion.
To best understand Adirize DAO (ADI), the whitepaper puts it better, “…decentralized reserve protocol that will change centralized USD (prone to depreciate) as an asset to be pegged to a stablecoin to a more reserve asset not apt to depreciate.”
As time goes on, the plan of Adirize DAO (ADI) is for ADI to become a reserve currency for other blockchain networks, not only its DAO.
Adirize DAO (ADI) aims to be a hedge against inflation, better than Bitcoin (BTC) was. Its currency, ADI, also gives a value that users can rely on as a stable currency with “stable” value.
Adirize DAO’s (ADI) the primary source of accumulating value is through staking. The price gap between market ADI and backing per ADI allows supply dilution. The protocol uses this clever mechanism to keep ADI from falling victim to price instability.
The ADI coin is a stable currency and a governance token for the protocol. There is a fixed supply of 100 million coins with a vesting period of at least two months. Holders will have voting rights on the protocol, and decisions will be made via majority votes castes.
To even the “stakes,” users who stake their ADI tokens will get sADI in exchange, evening their locked up coins. Furthermore, there is a fixed supply of ADI coins, meaning that at some point scarcity will intervene, and the price will indefinitely increase.
If there’s any presale you don’t want to miss, it’s this one. With phase one done and phase two just begun, there’s still time for you to join.
Benefits are available to crypto users for this round, with a 5% bonus on whatever amount of ADI you buy. Early purchase- within 25 minutes after registration- fetches you another 45%.
Plus, if you’re getting ADI with any of the popular cryptocurrencies, you get up to 12% more. There’s a lot, but you have to get there first.
Step 1- Go to the presale page using the “buy presale” push button on the website.
Step 2- Open an account and choose your purchase currency.
Step 3- Connect your wallet and buy as much ADI as you need. Then, you’re good to go.
VeChain was founded in 2015 as a subsidiary of one of China’s leading blockchain companies, Bitse. When it became a separate blockchain network, it had already gained popularity among established companies.
The blockchain platform was designed to boost supply chain management and change the operational structure of the traditional business world.
Best explained in their words, the vision of VeChain is to “lower the barrier and enable established businesses with blockchain technology to create value and solve real-world economic problems has been clear from the very beginning.”
This includes their plan to go through three phases of evolvement; governance consensus, technical consensus, and business consensus. These consensus protocols have helped the blockchain network gain mass adoption with major companies and enterprises.
VeChainThor blockchain network has a simple goal that can be explained without mincing words. The aim is to push for mass adoption of blockchain technology, accessible to business owners. It intends to be the foundation for a scalable and sustainable business ecosystem.
It also has two tokens; VET and VTHO. VET is the main currency for transactional activities, staking, and holding. The blockchain uses a proof-of-authority protocol to achieve consensus. PoA gives equal opportunities for nodes to validate transactions and earn rewards.
The list of game changers in the cryptosphere wouldn’t be complete without the biggest programmable blockchain. Ethereum (ETH) has applications promoting use cases from smart contracts, DeFi and NFTs. It is also the first smart contract platform, and no other chain has been able to rival its base of developers to date.
Ethereum (ETH) has brought groundbreaking solutions to the crypto industry, inadvertently changing how the market once operated. Independent blockchains have built their smart contract executing software after the EVM to create dApps.
Ether (ETH) is listed on almost every exchange and has uses outside the blockchain. Industries it has influenced include finance, supply management, web browsing, advertising, gaming, etc. To date, it remains the second largest cryptocurrency, meeting every criterion better or on equal footing with every other blockchain in the crypto space.
With every Tom, Dick, and bubble finding their way into the crypto market, the need for game changers is urgently needed more now than ever. Innovative crypto projects like Adirize DAO (ADI), with much to do and give, should be taken seriously.
Adirize DAO (ADI)
This news is republished from another source. You can check the original article here.