If we have to be honest, the cryptocurrency market isn’t quite as attractive as it used to be. At some point we all had to suffer financial losses. But if we can agree on one thing is that when it comes to crypto, just not all cryptos are going to keep going down, especially when the market starts to get healthier again. However, we encourage you to do your own research. Today, top performers like Decentraland (MANA) and Axie Infinity (AXS) are seeing tangible price uptrends, and the arrival of newcomer Lynqyo (LNQ) could change the game depending on how much you’re willing to invest.
Decentraland (MANA) is a virtual reality for gamers
MANA is the native token of Decentraland, a 3D virtual reality network that allows artists and creators to monetize their content. It is considered the leading NFT-based platform in the cryptoverse, mainly due to its use in the metaverse and virtual worlds. The platform was designed for people looking for a medium or source of entertainment.
Apart from that, MANA facilitates transactions such as real estate acquisitions (LAND), governance and community voting on real estate issues and earning rewards on the Decentraland platform.
The Decentraland Metaverse hosts a series of events, all of which have helped bring gaming enthusiasts on board and explore the best ways to maximize the possibilities of virtual reality platforms. As MANA use cases expand to reach a broader audience of investors, market analysts have forecast MANA to trade around $8 by the end of next year.
However, these predictions may no longer apply after the crypto meltdown and the resulting collapse of the cryptocurrency market. According to CoinMarketCap, MANA is trading at $0.894346 at the time of writing, up 3.08% over the past 24 hours.
Axie Infinity (AXS) the money making platform
Axie Infinity (AXS) is the earliest and leading play-to-earn gaming platform. The platform features a blockchain-based trading network and a fighting game run by its users. Axie Infinity (AXS) offers players the opportunity to buy, collect and trade Axies.
This play-to-earn platform rewards players with AXS tokens and boasts a market cap of over $1.8 billion. According to CoinMarketCap, the price of AXS today at the time of writing is $15.58, up 7.85% over the past 24 hours.
Lynqyo (LNQ) the emerging new crypto
Lynqyo (LNQ) aims to empower developers with web3 tools, led by blockchain-enabled subscriptions and modular content platforms. It is aimed at creators, executives, designers, and developers working on decentralized decision-making technologies that reward both creators and fans.
It is specifically designed for tokenization of intangibles (automated royalties, fan gifts), governance (via micro DAO) and liquidity (via DeFi instruments i.e. subscription payments and guaranteed lending). Lynqyo (LNQ) provides a suite of Web3 protocols, tools, and applications that enable developers to own, scale, and monetize their content and communities. The Lynqyo (LNQ) Protocol (or Content Economy Protocol) is a decentralized protocol that enables the discovery, rating, licensing, and sharing of non-physical content.
The LNQ token is a Content Economy Protocol currency and as such requires financial instruments to enable payments, incentives and rewards. LNQ is a token on the Polygon network and serves three main functions: governance, utility and proof of commitment.
As a governance token, it offers holders voting rights to elect validators and council members, as well as adjust the critical parameters through referendums. As for its usefulness, the LNQ token is a currency used as a means of payment in any financial transaction (subscription fees, smart contracts, etc.).
As proof of engagement, users are rewarded with LNQ tokens according to certain engagement metrics (UER: User Engagement Rewards Ratio) to maintain and redistribute underlying tokenized content.
Beginning with Polygon’s hypernetwork system and smart contract platform, users can acquire LNQ (using stablecoins) either by engaging in the communities they wish to nurture and sustain, or through trusted Tier 1 cryptocurrency exchanges.
As a successful technique to maintain robust liquidity at all times, Lynqyo (LNQ) issues initial liquidity as “LP tokens” and blocks them for two years. Each trade generates LP tokens that are locked for transactions on Pancake Swap exchange solutions. These instruments reduce volatility and increase stability, especially for large transactions. For token holders, this means that they are less exposed to the risk of token price fluctuations.
Buying Lynqyo (LNQ) means you don’t have to worry about fluctuations in the cryptocurrency market or the impact of the crypto collapse on your tokens.
On top of that you get a whopping 25% bonus if you buy Lynqyo (LNQ) when you sign up!
Lynqyo (LNQ) presale is here. Get ready for your possibly biggest payout!
