In the world of crypto, competition is fierce, and innovation is a must. Newcomer token TMS Network has understood this perfectly, creating a decentralized investment platform fuelled by pure innovation.
Meanwhile, competitors such as Filecoin and Optimism are being cast aside, despite both tokens having elements of true value. So, if Filecoin (FIL) and Optimism (OP) are still valuable, this must mean that TMS Network (TMSN) is onto something serious, right?
This article will explain exactly why this is and why TMS Network is looking like a smarter investment than Filecoin and Optimism in both the short and long term.
TMS Network (TMSN)
TMS Network is an upcoming unified investment platform supporting many assets, including FX, stocks, and crypto. The platform will include a wide range of beginner, intermediate, and expert trading tools, ranging from beginner tutorials and social trading templates to MT4/MT5 integration and even an AI trade bot marketplace.
Any investor in TMS Network (TMSN) will gain the right to vote on the token’s future, demonstrating itself as a truly decentralized project.
While the TMS Network (TMSN) platform is yet to launch, investors have already had months to get involved in the first stages of the presale, and it is now live in its fourth stage at $0.12, representing 3900% growth.
However, this is set to continue growing until its platform release, at which point the value will skyrocket!
Filecoin (FIL)
Filecoin is a decentralized platform dedicated to improving the management and security of data and files for businesses. Businesses rely on data transfers despite the security risks it presents, and Filecoin (FIL) has been smart to tackle these risks.
Filecoin adds a layer of blockchain protection to existing data management networks, helping businesses to provide indisputable proof of data statuses.
The idea behind it is impressive but does not come without its downsides. The main issue is that Filecoin (FIL) is only a B2B token, meaning there is no option for consumer data protection, which limits the token’s market reach.
Furthermore, most companies do not yet trust the blockchain, and these factors combined have led to a slowdown in the growth of FIL token in 2023.
Optimism (OP)
Optimism is a level-2 token based on Ethereum, directly contributing liquidity and efficiency to the famous network. Ethereum is already very efficient, yet Optimism (OP) is helping it to reach even further levels of efficiency.
However, Optimism is not alone in this approach. In fact, dozens of other level-2 tokens forked off of Ethereum appeared in 2023, resulting in a highly oversaturated market.
PoS tokens like Optimism (OP) are certainly future-proof, but with so much competition, the token has to work hard to win over investors. While it has shown success in 2023 so far, this may not last forever.
Final thoughts
In conclusion, Filecoin and Optimism are interesting tokens but are riddled with problems. The concept behind Filecoin (FIL) is to niche for mass adoption, and Optimism (OP) may be looking optimistic, but the competition is pessimistic. Meanwhile, TMS Network (TMSN) has proven itself as one-of-a-kind; until that changes, it will continue to dominate throughout its presale.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Discord: https://discord.gg/njA95e7au6
Twitter: https://twitter.com/tmsnetworkio
Source: https://www.cryptonewsz.com/tms-network-casts-filecoin-and-optimism-aside/