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While cryptocurrencies have been around for quite some time, they are still a new asset class for many investors. As such, it’s important to understand how to diversify your crypto portfolio and invest in multiple projects with different values and goals to mitigate risk.
You can do that with SmarterWorx, Polygon, Tron, and Litecoin. These cryptocurrencies are an exciting new way to invest in the digital age. They’re not just for speculators but also great long-term investments for anyone interested in cryptocurrency!
SmarterWorx
The world of DeFi has seen a new king in town. The SmarterWorx platform combines the best of both worlds and combines them into one: it uses art portfolios to create a digital token backed by real-world assets. The result? A currency that is usable both in the metaverse and the universe.
ARTX is an ERC-20 token. It will be used with smart contracts to create an ecosystem that allows users to trade their assets as they see fit. In simple terms, ARTX digitizes the pieces into NFTs and puts them in its Marketplace. The platform promises to safeguard the value of the ARTX token by maintaining its floor price with this high-value art portfolio.
Additionally, the platform regularly compensates users who hold ARTX tokens through staking rewards and distributing royalty fees from the sold NFTs.
It’s expected that SmartWorx will attract new investors who may have yet to consider investing in digital assets because of the complexity involved with buying and selling them individually.
Polygon
Before changing its name, Polygon was first introduced as MATIC. Comparing the protocol against other coins reveals several of its unique features. For starters, Polygon was created to link the expanding variety of Ethereum-compatible networks. Today, over 300,000 ERC-20 tokens are in use, and Polygon intends to make it possible for these protocols to interact freely.
This strategy has the advantage of lowering development costs and enhancing usability. Polygon also enables developers to use existing protocols across several blockchains, eliminating the need to develop new protocols to perform the same function on different blockchains.
Tron
TRON is a decentralized blockchain under the Tron foundation. It allows developers to utilize the platform’s multi-layered security and energy efficiency, enabled by the delegated proof-of-stake (dPoS) consensus protocol. In addition to other uses, TRON uses its native coin, $TRX, to pay network fees and reward block creators.
Litecoin
Litecoin is a unique digital asset that was launched in 2011. This coin has experienced various market cycles. LTC has achieved consecutive ATHs (All-Time Highs) in every bull market after surviving all bear markets. Additionally, Litecoin was designed to be used with Bitcoin. While Bitcoin remained the store of value, LTC evolved into a better payment mechanism for everyday transactions.
Final Thoughts
SmarterWorx, Polygon, Tron, and Litecoin are all great options for diversifying your portfolio, but SmartWorx stands out. The platform’s unique structure and use of NFTs make it a compelling investment opportunity for those looking to diversify their portfolios with new assets.
Learn More Here:
Join Presale: https://smarterworx.io/buy
Website: https://SmarterWorx.io/
Linktree: https://linktr.ee/smarterworx
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.
Source: https://en.cryptonomist.ch/2022/12/12/diversify-portfolio-smarterworx/