Over the years, crypto has matured significantly. It has shifted from a space that hosts only speculative tokens with little to no use case to where top cryptos are determined by their value propositions.
In this article, we’ll discover how the upcoming project, Uwerx, plans to reinvent freelancing. We’ll also find out the current positions of Lido DAO (LDO) and Fantom (FTM).
Analysts Believe In Uwerx’s (WERX) Revolutionary Offering To Freelancing
Uwerx will be the first decentralized freelance platform built on the Polygon (MATIC) Network. Its platform will incentivize and simplify freelance work, which analysts expect will lure millions of users. It will also improve communication between clients and freelancers by removing third-party services.
Other features of the Uwerx platform include a 1% platform fee and the Uwerx Vault, where users can deposit their tokens for safekeeping and passive earning. This feature is similar to staking and created to enhance user engagement.
Uwerx already boasts of 5,546 sign-ups and 1,627 and 1,456 followers on Twitter and Telegram, respectively. It is currently selling at $0.041 and is at its final 5th stage of its presale. However, its WERX price will increase to $0.0315 on May 23 at 15:00 UTC. The Uwerx team has also adjusted the presale token allocation from 45% to 57% to accommodate more buyers.
Furthermore, the Uwerx Alpha version is already out and features a Landing page and a Sign-up page. Users can expect other features to be out on a weekly/bi-weekly basis. These features include a Login/Sign In page, User Dashboard, Settings, Posting Jobs, Finding Jobs, and more.
Meanwhile, this current version will soon give way to the Beta version, where users can interact with the platform. The Uwerx team welcomes all users to send their feedback through the dedicated feedback email at email@example.com. Also, the team had the protocol audited by InterFi Network and SolidProof, even before the presale began.
In addition, the founding team assures investors of their commitment by reducing their token allocation from 8% to 7%. They’ll also lock their assets for 25 years during the presale. The new lock period was decided by 82.8% of the community. They will also renounce all smart contracts after listing WERX on centralized exchanges.
Token holders are also not left out as the Uwerx team plans a test airdrop as voted by 98.2% of the community. This would ensure every token holder correctly entered their receiving wallet addresses.
Given its futuristic and innovative approach to freelancing, analysts believe Uwerx could touch $2 by the end of 2023. Due to this belief, the Uwerx team increased the token's launch price from $0.09 - $0.11 to $0.095 - $0.115.
Lido DAO (LDO) Is Down By -2.4%
Lido DAO (LDO) is the leading liquid staking solution on Ethereum (ETH). It also supports liquid staking on Solana (SOL). In addition, its decentralized protocol makes governance easy, especially when deciding how the protocol operates.
Lido DAO (LDO) has attracted plenty of attention from investors, with the Lido DAO (LDO) token surging to nearly 20% in the past 7 days. However, the LDO token is currently falling by -2.4%.
On May 15, Lido DAO (LDO) released the mainnet version of its “Lido v2,” which enables Ether stakers to burn their stETH assets and exit the protocol at a 1:1 ratio. This could be the reason behind the current fall of the LDO token, as stakers might jump at the chance to unstake their assets on the platform.
Fantom (FTM) Suffers From Price Fluctuations
Fantom (FTM) helps DeFi projects overcome the limitations of Ethereum (ETH) smart contracts. Fantom (FTM) is popular for its less than 2-second transfer speed. This is due to its hybrid consensus mechanism, Lachesis, and Directed Acyclic Graph (DAG).
It also boasts a decentralized protocol, where token holders can partake in its governance. Other advantages of Fantom include its high scalability and a strong focus on security, with multiple layers of protection in place to secure user data and transactions.
Fantom (FTM) hasn’t been steady in its price predictions. Its FTM token slipped as low as -32.316% in the last month and is currently trading at $0.37. It also fell by 0.15% within the past 24 hours.
While Lido DAO (LDO) and Fantom (FTM) offer unique services to crypto users and traders, their greatest disadvantage lies in the number of competitors they have within the crypto market. However, Uwerx has no such limitation as it will be a first-mover with more advantages than the traditional platforms.
For this reason, more investors continue to be attracted to the Uwerx presale. Uwerx also offers a 15% purchase bonus in its presale. However, this bonus will decrease when the presale price increases. Join the Uwerx presale to partake in the rebirth of the freelance industry. Not to mention the potential high returns to come from the WERX token itself.
Follow the links below as they provide more updates on the Uwerx presale.