The cryptocurrency market is mostly about value creation for crypto projects as it’s the only way to stay relevant regardless of the market condition. The landscape has had several projects come and go; some were very promising until an event. There was a time EOS was pictured to be everything the ethereum blockchain couldn’t be after the ICO crash. Today, the EOS community is divided, and the project is not where it used to be.
However, value creation is still a top meta for success in the cryptocurrency market. Rocketize Token (JATO) is a new meme coin revolutionizing the landscape for memecoins on several fronts. This article examines how much profit potential it poses for its holders like Axie Infinity was focused on making its gamers more money.
Axie Infinity (AXS)
Axie Infinity (AXS) is a cryptocurrency ecosystem and gaming network on the ethereum blockchain (as a side-chain) that allows users to earn money by playing games. Users can earn AXS by playing various games within the Axie Infinity Universe and participating in user-generated content initiatives. Players can earn rewards by collecting, trading, battling, raising, and mating Axies NFTs.
Notably, Axie Infinity was at its peak in 2021. The network was the most popular daily, weekly, and active users. Axie Infinity, in particular, has a very high number of daily active players. The platform peaked at over 2.7 million daily users and averages over a million daily users. The game generated over $1.3 billion in revenue in 2021 and averaged over $10 million daily. Furthermore, the network plays an important role in introducing the world to blockchain technology, which is fun and educational.
Axie Infinity’s technical structure enables the platform to alleviate many concerns shared by gamers and NFT collectors. The network gives users a viable way to extract value from the game world. Users in the traditional gaming market invest time and money in digital assets but never truly own them. Axie Infinity shifts the paradigm and places true ownership back in the hands of gamers.
When users join the Axie Infinity ecosystem, they receive numerous benefits. For one thing, blockchain-based trading and battling games are a lot of fun. You could spend hours exploring, battling, and gathering valuable NFTs (non-fungible tokens). The value of these tokens varies according to their scarcity and utility in the game.
Another significant advantage of the Axie Infinity universe is that it is open-source. The concept’s creators encourage other community members to create tools to improve the overall user experience. In this way, the platform takes a proactive stance.
The platform has had its battle in recent times. Firstly when SLP rewards were discontinued, it caused a massive decrease in daily users which eventually caused AXIE to drop in price. The platform was hacked in March, and about $600 million was lost to the incident.
However, AXIE remains a top asset in the cryptocurrency market and has over a $1.2 billion market cap. The platform’s fundamentals remain the same; hopefully, the project can learn from some of its mistakes.
Rocketize Token (JATO)
Rocketize Token is a meme coin that would power a community-governed project of users looking to help push the narratives for the project. Memecoins are usually narratives, memes, internet jokes, and vibes, but JATO adds the extra topping on it by providing DeFi-focused utility to its holders.
The community, which serves as the project’s emblem, is the most powerful and effective aspect of Rocketize Token in its entirety. Rocketize Token is in an excellent position to communicate the benefits of Binance Smart Chain’s decentralized network to the general public. Rocketize Token has adopted the name for the project and is creating a narrative of taking its holders to the moon, a slang for price pumps.
The cryptocurrency market has only seen the success of dogecoin-inspired meme coin coins in recent times, and JATO is breaking that norm to become a huge success out of the bear market.
Presale: http://rocket.rocketize.io/
Website: http://rocketize.io/
Telegram: https://t.me/RocketizeTokenOfficial
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Source: https://www.thecoinrepublic.com/2022/09/07/rocketize-token-is-creating-value-driven-utility-like-axie-infinity/