Blockonnect: the token for crypto winter

SPONSORED POST*

The crypto winter is upon the cryptocurrency market and many crypto projects are feeling the crunch. Additionally, investors have moved into capital preservation mode and are trying to protect their portfolios from the adverse effects of the crypto winter. In this period, investors can get more value from the market by hunting for cryptocurrency gems that are currently trading below their value and purchasing them. While this is a decent strategy it is important to remain aware of the risks involved in this strategy. Thorough research is required to avoid purchasing projects that do not have solid fundamentals or tokenomics. Furthermore, avoid allocating capital to random projects or projects that have not been thoroughly vetted by you. Finally, you should remember that capital preservation is important if you want to survive the crypto winter. 

There are so many projects in the cryptocurrency market but three cryptocurrency tokens that are suited for purchase this crypto winter are: Avalanche (AVAX), Decentraland (MANA), and Blockonnect Technical. These tokens show signs of strong price rebounds when the bear market abates. Additionally, they provide utility for their communities and are built on solid fundamentals. Want more details about these projects, here is a brief summary of each.

Avalanche (AVAX)

Avalanche (AVAX) is a low fee, environmentally friendly, and fast blockchain. The Avalanche network is designed for the deployment of smart contracts and it is the fastest smart contracts blockchain. It helps developers deploy smart contracts and dApps quicker and more seamlessly. Its speed helps developers to create better projects that outperform the competition. The Avalanche mainnet launched in September of 2020 and it currently has more than 450 crypto projects on its blockchain. 

AVAX is the utility token of the Avalanche network. It performs various functions within the AVAX ecosystem. Some of these functions  include staking, securing the network, paying fees, and connecting multiple subnets within the blockchain. The AVAX token supply is hard capped to create a deflationary token and maintain the token price. The Avalanche blockchain is creating an ecosystem where developers can build smart contract projects. These projects are created in on the fast, cheap, and seamless Avalanche network 

Decentraland (MANA)

Decetraland is a metaverse and crypto gaming platform built on the Ethereum (ETH) blockchain. Its MANA token uses the ERC-20 token standard and is completely fungible. Decentraland is an open metaverse where users can interact, game, transact, and attend virtual events. In addition, Decentraland is a fully immersive 3d virtual world where users can build and create communities while they socialize within its metaverse. New users can enter the Decentraland metaverse by creating a guest avatar so they do not need to sign up to the platform.  

MANA is the utility token of the Decentraland ecosystem and it allows users to exchange, swap, and purchase various in-game items. It also facilitates trades between users in its metaverse. In addition, all purchased items are NFTs owned by users and they have full rights and access to these assets. Decentraland is an inclusive metaverse where players create communities, where users can feel safe and included.

Blockonnect Technical

Blockonnect Technical is a cryptocurrency project that wants to give users better control over their money, identity, and data using the blockchain. The project would empower its users to perform safe and secure transactions on its decentralized network while storing the data on-chain. Additionally, it has a digital asset management systems that allows users to fully manage and collate their digital assets on the network. The Blockonnect Technical decentralized system can be integrated with third-party systems that want to use its network. Blockonnect Technical is creating a new paradigm in decentralized record keeping and asset management.

Blockonnect Technical has an NFT marketplace where users can buy and sell digital tokens in a user friendly environment. Additionally, Blockonnect tokens would be burned to stabilize the price of the asset. Token holders can also stake Blockonnect tokens to earn rewards and secure the network. 

Blockonnect Technical 

Presale:https://block.blockonnect.io/register 

Website: https://block.blockonnect.io/ 

Telegram: https://t.me/BlockonnectOfficial 

*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.