Whenever the typical hysteria associated with crypto bull runs dies down, smart investors seek crypto and blockchain projects with undoubted utility. This usefulness usually falls into either of two categories. The first is crypto projects improving conventional services like finance (TradFi).
The second is crypto projects enhancing relationships between other crypto assets within the blockchain space. These basically extend what crypto has already achieved. Lately, investors have gotten more interest in two specific projects, Rate That Crypto and GMX, which embody the above mentioned qualities perfectly. Accordingly, let’s explain how these two projects are captivating investors:
This project falls into the category of those advancing existing crypto technologies. How? Well, Rate That Crypto enables ordinary people to engage in an exciting and highly-competitive game where they place bullish or bearish predictions on different coins and stake points which may be multiplied or slashed depending on whether they are correct or wrong.
Those who excel and move up the leaderboard earn more rewards in the form of $RTC tokens. Essentially, this platform amplifies the research and analytics culture in crypto markets, which are often saturated and debased by nefarious marketing schemes.
People can now earn from the analyses in a fun and low-risk manner instead of being unfairly baited into betting on highly complex trading products that may be manipulated or that they may not fully understand.
Additionally, Rate That Crypto continues the learning loop with its wealth of user-generated data, fostering creativity through NFT minting and improving ad viewer experience by increasing relevance and distributing ad revenues to those who stake or voluntarily view ads. Not forgetting, Rate That Crypto contributes to more organic conversations about new crypto projects.
In contrast, GMX leans more toward the type of crypto projects focused on improving existing Web 2.0 services. More particularly, GMX offers a more decentralized environment for trading digital assets with up to 50X leverage.
There’s never been a better time for such an offering when you consider that many centralized crypto exchanges, lending and borrowing platforms have recently lost customer funds under questionable circumstances.
GMX enables traders to transact in an environment where controls are automated, with no unfair exemptions for any user. DEXs are seeing a considerable uptick in trading activity amidst the prevailing market trends, so investors who secure a stake via these apps’ native tokens or through liquidity provision could see increased earnings from the trading fees charged on these platforms.
Furthermore, GMX customers could enjoy more stable conditions, with prices not unduly influenced by the collusion recently witnessed in some traditional financial institutions. This confluence of value for both the customer and investor makes GMX a suitable project for crypto-preneurs to dabble in.
As time goes by, more projects solving real-world problems will catch the eye of seasoned investors, and so will projects that build on what crypto has already achieved. Projects like Rate That Crypto are the perfect intersection between these two categories, which makes them ideal for conservative and open-minded investors alike, so be sure to keep tabs on them.
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For the latest news on Rate That Crypto check out the RTC Discord Server and join the telegram group.
For more information on Rate That Crypto visit the links below:
Presale Website: www.ratethatcrypto.com
Linktree: https://linktr.ee/ratethatcrypto
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Source: https://www.thecoinrepublic.com/2023/01/07/rate-that-crypto-and-gmx-experience-increased-interest-among-crypto-investors/