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As of November 2022, more than 20,000 crypto projects exist in the different networks, each striving to gain mass investments from enterprising crypto fans and large institutions exploring the space. It is sad to note that out of these projects, less than 10% are worth looking at, and less than 30 % of these projects will yield returns for investors in the coming bull market. Of the successful projects, the ones that get the most adoption are those with real-world applications. Zcash, Aptos, and SmarterWorx will explode soon.
Zcash and Aptos on the rise
Zcash is a decentralized virtual currency that prioritizes anonymity. It uses the technique known as zk-SNARK zero-knowledge proof. This enables nodes in the ecosystem to validate transactions, keeping private data concerning the activities truly private. On the other hand, Aptos is an exciting project that investors need to keep a close eye on. Aptos utilizes a technology dubbed Move, a revolutionary smart contract programming language independently created by Meta (previously Facebook) blockchain experts. It is used by Aptos, a Layer 1 Proof-of-Stake (PoS) blockchain.
SmarterWorx is about to moon
Having eyeballs on Zcash and Aptos may yield some returns in the long run. However, more returns are expected in a reasonably new protocol called SmarterWorx. SmarterWorx is a DeFi protocol that plans to venture into digital and tangible art. Both fields are renowned for being asset classes that are only available to a class of wealthy merchants. For instance, Mona Lisa is one of the world’s most expensive art pieces, currently valued at $870 million. The Merge is the most costly NFT ever sold in the virtual space, with a net valuation of more than 90 million dollars.
SmarterWorx combines the virtual and real worlds in the art arena through a treasury fund set to allocate funds for acquiring expensive art. The public will be part of the project by just buying and holding ARTX, the governing and utility token of the ecosystem. The platform has plans to develop a treasury fund after the presale, where investors’ funds will be pulled together to purchase expensive art. A team of art experts and curators will carefully select the most precious and undervalued pieces of art, which will be maintained safely in private vaults by a third party, Courtyard.io, a liquidity provider in art.
Courtyard.io is also mandated to mint duplicate NFTs from SmarterWorx’s diverse portfolio as part of the agreement. This means that every art piece will have a corresponding virtual art minted on the blockchain network. Art lovers who purchase part of SmarterWorx’s art portfolio will own the digital asset and the actual art. In addition, ARTX will have an inbuilt burning mechanism where half of the profits generated from NFT/art sales will be used to buy and burn the token, significantly reducing its max supply and hiking the demand. Buy ARTX tokens today during its presale.
For More Information:
Use discount code ARTX5 for 5% off your next purchase!
Presale: http://smarterworx.io/buy
Website: https://smarterworx.io/
Linktree: https://linktr.ee/smarterworx
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.
Source: https://en.cryptonomist.ch/2022/12/13/must-have-cryptos-2023-smarterworx/