The dream of becoming a millionaire is not as far off as many people think. Crypto is developing at an astonishing rate, and blockchain technology will power the future. Protocols addressing unique verticals are created every day; future millionaires will be those who spot a promising protocol early on and make an investment. This article features three crypto projects with vast potential that could go on to create millionaires.
First is Gnox, and it is featured first because of the development stage of the protocol. In its second presale stage, investors have the chance to join this protocol at the very beginning and make the entire journey with Gnox. Presales have been the greatest creator of wealth within the crypto sphere, with investors buying the token before it launches on the open market and essentially acting as venture capitalists.
Gnox brings simplicity to Defi (decentralised finance) earnings and makes generating yield accessible to everyone. This reflection token is trailblazing a new form of investment by making it as simple as possible to participate in DeFi. GNOX holders will receive an hourly distribution of GNOX tokens and a monthly stablecoin reflection from the protocol’s treasury that is deployed in DeFi to generate yields for investors. Both earning angles are made possible by GNOX’s buy and sell tax tokenomics, and the developers have hard-built a protocol for long-term investors.
Kava is a fascinating project that uses its Tendermint consensus engine to bridge two chains making this project one of the first in the crypto sphere to utilise co-chain architecture. Building on the vast ecosystem of Ethereum and its solidity coding language and introducing the scalability of the Cosmos network, Kava has created a unique ultra-scalable layer one protocol designed for developers. The Kava protocol facilitates permissionless lending and borrowing and currently features a supply APR of 25.96% for BUSD, one of the most prolific stablecoins in the crypto sphere. Due to its co-chain architecture, the Kava protocol allows users to borrow unique digital assets not available on other DeFi lending protocols. The potential for growth within the Kava network is obscene.
Loopring has become one of the most hyped crypto projects within the community for a good reason. Loopring is a layer two scaling solution bringing ZK-Rollups (Zero-Knowledge Rollups) to the Ethereum network. The Ethereum network is the powerhouse of DeFi, with all the major protocols being built on it, but it suffers painfully slow transaction speed and super high gas fees. Loopring allows market participants to trade assets across Ethereum exchanges without paying Ethereum gas fees. It is an infrastructure built on top of the Ethereum network to reduce network congestion and makes trading digital assets within the ecosystem faster, cheaper, and far more efficient.
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Join Presale: https://presale.gnox.io/register
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