While investing is a substantial financial juggernaut to the outside eye, starting and growing a healthy portfolio is straightforward, especially in the world of cryptocurrencies. Successful investing habits grow with time and learning experiences that equip investors with the necessary knowledge to make sound financial decisions that yield income for investors. Three projects stand out regarding cryptocurrencies: Tezos, Stellar, and a newcomer called Bitcoin Spark.
Stellar vs Tezos
Stellar is a digital platform that issues an open-source network for Web3 developers. The network was founded by Stellar Development Foundation, a non-profit organization based in the United States in San Francisco, California. The network launched in 2014 with a protective contract layer that prevents Lumen whales from selling large portions of their holdings. On the other hand, Tezos is a smart contracting network that has a running distributed ledger ecosystem. The native digital asset of Tezos is XTZ, which is staked in the proof of process consensus mechanism to allow network participants to earn the rights to approve transactions on the network. Tezos has been around since 2016 and has an active community on major social media platforms, including X (formerly Twitter)
Is Bitcoin Spark a good investment?
Bitcoin Spark is trending among crypto netizens, yet it is still in its ICO phase seven due to its improved infrastructure and unique consensus mechanism. Bitcoin Spark has attracted whales from major platforms, including Ethereum, Tezos, and Stellar. The ongoing ICO is in phase 7, and each BTCS is available for $3 only. Alongside every purchase, the Bitcoin Spark team allocates a 7% bonus to participants who purchase BTCS tokens before the current phase ends.
The developers have devised a brilliant idea to avoid the impact associated with bear markets by developing two income sources to fund the mining pools with BTCS from clients. The first income source will be generated by allowing advertisers, media brands, and marketing agencies to advertise their products and services on the platform’s blockchain explorer as well as the Bitcoin Spark application.
Small unobstructed spaces will be identified and segregated on the mining application and the website to accommodate advertisement slots that clients will pay in BTCS to utilize. The team will take half of the revenue generated from this income stream for upkeep and maintenance. At the same time, the remaining gets allocated to the mining pools.
The second income source will be miners who generate processing power from mining activities. The mining process will solve simple arithmetics while approving transactions and tap this unutilized energy, which will then be rented out to customers for BTCS tokens. 3% of this stream’s income will be sent to the network’s team, and the remaining 97% will be used to replenish BTC tokens in the mining pools.
These two income streams will continue to function despite the prevailing market conditions, allowing network participants to constantly work on the network and create a self-sustaining digital economy that translates to a gasless ecosystem. The Spark mainnet will launch soon after the ongoing ICO ends.
For more information:
Website: https://bitcoinspark.org/
Buy BTCS: https://network.bitcoinspark.org/register
Source: https://coinpedia.org/press-release/ultimate-investment-journey-with-bitcoin-spark-tezos-stellar/