New York, US, 12th June 2022, ZEXPRWIRE, Cryptocurrencies have become a huge deal of late as more and more people tap into the benefits and advantages it has over fiat currencies. Now more than ever, crypto looks poised for mainstream adoption, and the world seems set on the path of decentralization and decentralized services.
Thousands of crypto projects and tokens are out there waiting to be discovered. The crypto market is highly competitive, and many tokens go undetected for long periods. For newbies and seasoned veterans alike, the arrival of these three crypto projects represents a new and exciting time in the industry. FTX Token (FTT), Elrond (ELGO) and Mushe Token (XMU) are on course to explode and dominate the market in no time.
FTX Token (FTT)
For seasoned veterans in the crypto space, crypto exchange platforms are all too familiar. From centralized exchanges such as Coinbase and Binance to their decentralized counterparts like Uniswap (UNI) and Binance DEX, options abound in their numbers. However, a new exchange platform is coming up, with eye-catching features unavailable anywhere else.
What Is FTX Token (FTT)
FTX is a cryptocurrency derivatives exchange platform built by traders for traders, for which FTX Token (FTT) is the native coin. The decentralized exchange (DEX) platform offers a variety of innovative and unique trading options, some of which cannot be found anywhere else.
Derivatives are financial assets that derive their value from underlying products such as cryptocurrency, and FTX enables users to trade these assets on its platform. Quite a number of trading options are supported on the FTX platform, including Futures. Futures are investments that provide users with an obligation to buy or sell assets at an agreed future date.
FTX Token (FTT) is designed to act as the backbone of the FTX exchange ecosystem, in a similar vein to how Binance Coin (BNB) works on Binance. Ownership of FTX Token (FTT) grants users certain perks such as buying and burning of fees, lower trading fees and collateral for futures trading.
Blockchain systems possess the potential to finance and other industries. However, several factors, such as scalability concerns, currently hinder the industry. Older blockchain systems struggle to meet mainstream demand. There is a need for a new blockchain system that can.
What Is Elrond (EGLD)
Elrond (EGLD) is the native crypto of the Elrond platform, a blockchain system designed explicitly for immense scalability and significant throughput. Unlike older blockchain systems, the Elrond platform enables transactions to be handled rapidly by multiple validators. Elrond (EGLD) can push through 15,000 transactions per second (tps) with instant finality.
The EGLD token is used throughout the Elrond network for operations such as transactions, validator rewards, governance, staking and smart contracts.
Mushe Token (XMU)
The crypto industry is experiencing a massive surge in user interest and an influx of interested parties consisting of potential investors and trading. This exciting turn of events might halt prematurely due to multiple barriers of friction, such as complexity in infrastructure, security, products and fees. A platform that addresses this issue is necessary within the crypto space.
What Is Mushe Token (XMU)
Mushe is a brand new crypto project designed to address the many issues crypto consumer adoption faces. Central to the project’s operation is its native token, the Mushe Token (XMU), which acts as a utility and governance token for the project.
Through features such as the Mushe wallet, a cryptocurrency digital wallet of choice, Mushe Swap, a decentralized exchange (DEX) platform and Musheverse, the projects iteration of the metaverse, Mushe will redefine De-Fi and address the numerous issues keeping the sector from mainstream adoption.
Mushe Token (XMU) is currently on presale, and interested parties can purchase the token via the link below.