SPONSORED POST*
When looking to invest in new crypto to bluster your portfolio and bring more value to your wallet, it can be hard making a decision between the thousands of tokens in the market; even when picking from the top 100. Something that should factor into making the right decision when buying a crypto is how useful it is or will be, both in the world of crypto and in real life.
This article will help narrow down that choice for you! Here are three of the top cryptocurrencies around that have real utility and also listen to their communities when it comes to making improvements: DogeMiyagi (MIYAGI), VeChain (VET) & Cosmos (ATOM)!
DogeMiyagi – True Value and Memes
DogeMiyagi is somewhat different from the other two as it’s yet to officially launch on the market, currently in stage 2 of an already successful presale. Users of DogeMiyagi will be able to create memes, buy exclusive NFTs, and take part in group projects that promote the site’s native currency while also discussing other cryptocurrencies. The benefits don’t stop there, though; a killer swap machine powered by Uniswap that allows users to trade their tokens for Ether is also in the works. Since the community would have complete control over the outcome, everyone will have an equal stake in it.
However, it goes much further than that because DogeMiyagi is more than just a token based on memes; it also has practical uses. The usage of DogeMiyagi in decentralized finance (DeFi) is one of its main applications. Users of DogeMiyagi can engage in a range of financial activities like lending, borrowing, and yield farming thanks to its smart contracts. The platform’s evolution has been greatly influenced by community comments.
DogeMiyagi has been able to improve its features and broaden its offers by actively considering user feedback and implementing community-driven enhancements. A more reliable and user-friendly platform has resulted from the feedback loop between the developers and the community, which has encouraged a sense of ownership and participation.
VeChain – An Unbreakable Chain
One of the few blockchain platforms available today that is concentrated on supply chain management and product authenticity is VeChain. Particularly impressive are the real-world uses of VeChain. Businesses can use the platform to trace and confirm the authenticity, quality, and provenance of products all the way through the supply chain. This has huge ramifications for sectors like pharmaceuticals, agriculture, and luxury goods, where confidence and openness are crucial.
The feedback of the VeChain community has greatly influenced its evolution. VeChain has been able to overcome industry-specific difficulties and enhance the usability of its platform by constantly engaging with users and implementing their comments. The community’s recommendations and views have been crucial in defining VeChain’s roadmap and guaranteeing that it satisfies the requirements of both enterprises and consumers.
Cosmos – The Blockchain Star
The goal of the cryptocurrency project Cosmos was to connect many blockchains together like the stars on Orion’s belt. Cosmos’ interoperability and scalability enable a wide range of practical applications. The creation of decentralized applications (dApps) that may easily communicate and share data across many blockchains is one significant use case. This creates a wide range of opportunities for sectors including finance, gambling, and decentralized exchanges.
Since its start, Cosmos has aggressively sought community input and participation. Through the use of an open and inclusive development methodology, Cosmos has given its community the ability to influence the project’s progress. Innovative solutions and a thriving ecosystem of apps based on the Cosmos network have emerged as a result of the feedback-driven methodology.
Of course participation and community feedback is important to the development of all cryptos but in each instance above described, the platforms have understood the value of paying attention to their consumers’ feedback and incorporating it into the development process even further than any other average project. By doing this, they have created collaborative and community-owned programs that answer actual requirements in the real world.
In conclusion, DogeMiyagi has already demonstrated practical uses for blockchain technology, much as VeChain and Cosmos. These platforms have shown how the blockchain has the power to change a variety of industries, from decentralized banking to supply chain management and cross-chain interoperability.
These applications have evolved to become more reliable, approachable, and effective as a consequence of the community’s active participation through feedback and user input. Community feedback will continue to be important in fostering creativity and developing really disruptive applications as blockchain technology develops.
For More On DogeMiyagi:
Website: https://dogemiyagi.com/
Twitter: https://twitter.com/_Dogemiyagi_
Telegram: https://t.me/dogemiyagi
*This article was paid for Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2023/07/01/dogemiyagi-true-value-memes/