Chronoly.io (CRNO) and Hedera (HBAR)

Conventional blockchain technologies are often surrounded by controversies pertaining to their performance, security, governance, and energy in-efficient protocols. This often leaves investors confused about the best option they can invest in. Further, the 2022 bear market has pulled down the value of some of the most noteworthy names in the crypto space, like Bitcoin and Ethereum. To survive this bear market and to emerge profitable by the end of it, the best way forward is to diversify one’s portfolio and stick around till the very end.

This article will give you two smart investment options that can potentially survive the ongoing “crypto winter”: Chronoly.io (CRNO) which is up 560% in the last two months and Hedera (HBAR).

Chonoly.io (CRNO): Watch NFT Investment

Chronoly (CRNO), an innovative watch NFT platform is quickly gaining investor attention. Launched during one of the worst bear markets in history, Chronoly’s (CRNO) value increased to 560% in its presale stage. Experienced cryptocurrency market analysts predict that Chronoly.io (CRNO) could be the next 1,000x token, considering that its price has increased from $0.01 to $0.066 in the past few weeks.

Chronoly is the world’s first watch NFT platform that provides its investors with NFTs backed by high-end timepieces from luxury brands like Rolex, Richard Mille, Audemars Piguet, amongst many others. Chronoly.io users can invest in a fraction of the watch NFT for a price as low as $10. They can even buy the entire NFT and redeem the physical watch from one of Chronoly’s depository vaults. The watch NFT can be sold in secondary, ethereum compatible marketplaces.

Chronoly.io breaks the barriers of the luxury watch market, by allowing users of different demographics to invest in this space. Currently, in the third presale stage, Chronoly.io aims to further launch “Chronoverse” as a rival to the metaverse. The team also aims to list CRNO, the token of this platform, on top 10 crypto exchanges. CRNO is used as a reward towards the project’s community and investors. Moreover, CRNO tokens can be staked to generate a passive income, or be used to access exclusive monthly rewards and cash prizes.  

Hedera (HBAR): Carbon Negative and Energy Efficient

HBAR is the cryptocurrency of the Hedera hashgraphblockchain platform. Hedera, owned and backed by some of the biggest names like Google and IBM, enables users to complete cryptocurrency transactions in seconds, and even create smart contracts and distributed apps (DApps). The Hedera ecosystem is carbon negative and is capable of conducting 10,000 HBAR cryptocurrency transactions in 3-5 seconds, with a cost per transaction as low as $0.0001. Hedera follows an energy efficient “Gossip” protocol, in which every node on the network communicates with every other node, to record and authenticate transactions. Powered by hashgraph consensus mechanism, this network follows a “asynchronous Byzantine Fault Tolerance (aBFT)” security mechanism, which provides the highest degree of security that a consensus algorithm can provide.

HBAR, the native cryptocurrency of the public Hedera network, is used to pay application transaction fees and network service fees that compensates validator nodes for their bandwidth, computation, and storage capabilities. Hedera (HBAR) price today is $0.081. It has increased 2.19% in 24 hours ($0.079) with a market rank of #38. By 2024, the HBAR price is expected to reach $0.31. By 2028, the token is expected to increase to $1.45.

For more information about Chronoly.io presale

Website: https://chronoly.io/

Telegram: https://t.me/Chronolyio

Presale: https://presale.chronoly.io/register

Twitter: https://twitter.com/Chronolyio

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.