The transition to cryptocurrency is gradually taking place all over the world, from gamers making it their preferred payment of choice to countries adopting it as their national currency. Let’s check out how XRP (XRP) and Xchange Monster (MXCH) are making these changes happen.
XRP (XRP) – Levelling the Land
XRP (XRP) is a high-performance token that is built on the XRP ledger blockchain. It was designed with a focus on utility and scalability. It has been highly successful since its inception and sits at number 7 on the CoinMarketCap exchange, which is an incredible achievement considering it launched only last year.
XRP (XRP) is an open-source and permission less platform, and it is fast and low-cost. Transactions can be made in under 6 seconds at a cost of just $0.0002 each time.
XRP (XRP) has many uses, and just today was given an extra boost when the Colombian government announced that they would now start registering land titles on the Ripple ledger (Ripple Ledger is the underlying blockchain of the XRP asset). They will use the blockchain to assist in the issuance of land titles in the country.
So now land-related documents can be issued and verified digitally, without the need for third parties and lots of time-consuming red tape. This represents another huge step toward cryptocurrency being used in ‘real-world’ transactions and follows on from their neighbors in the North, El Salvador, who recently officially adopted Bitcoin (BTC) as their national currency.
Xchange Monster (MXCH) – Providing GameFi Solutions
Xchange Monster (MXCH) is a new crypto exchange that aims to combine the play-to-earn (P2E) gaming market with blockchain technology, to create a one-stop-shop for all your GameFi needs.
GameFi is the marriage of P2E gaming and decentralized blockchain technology. P2E gaming is growing at a phenomenal rate, with millions of users engaging in battle royales, building and selling lands online, or any number of online activities where users can earn monetary rewards.
More and more of these payments are being made in cryptocurrency. With the use of its Monster Wallet, Xchange Monster (MXCH) will make exchanging and holding your GameFi rewards easier, faster, and cheaper than ever before.
The native token of Xchange Monster, MXCH, is currently at the presale stage, while the Monster Wallet is already fully integrated into the exchange. You can download the Xchange Monster app now for access to the easy-to-use Monster Wallet.
Uniswap (UNI) – Releasing the Genie
Uniswap (UNI) is another hugely successful token that has performed fantastically well in recent months. Its most prominent feature is that it facilitates automated trading of decentralized finance (DeFi) tokens. This means trading is open to anyone and improves the efficiency of trading compared to normal exchanges.
On June 21st, Uniswap (UNI) announced that they had acquired the first NFT marketplace aggregator, Genie. Genie enables people to discover and trade NFTs across most platforms.
This is a huge deal for Uniswap because being an NFT aggregator means that they can create one universal hub for two of the biggest DeFi capabilities – NFTs and decentralised exchange (DEX), without the hassles that come with creating an actual independent marketplace.
All of the cryptos mentioned above are in great positions to make major gains in price over the coming months. Follow the links below to join the Xchange Monster (MXCH) GameFi revolution.
Learn more about Xchange Monster (MXCH):
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Source: https://thecryptobasic.com/2022/07/10/xrp-xrp-and-xchange-monster-mxch-are-poised-to-go-through-the-roof/?utm_source=rss&utm_medium=rss&utm_campaign=xrp-xrp-and-xchange-monster-mxch-are-poised-to-go-through-the-roof