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Top five growing crypto projects

The crypto world is filled with opportunities. If market participants try to get in early, they can generate terrible rewards. However, it is difficult to find implementation projects with differentiating factors and growing user base in the broader crypto landscape.

To help investors navigate through high potential projects, this article analyzes rising crypto projects in various market sectors, such as launch boards, GameFi, NFTs and decentralized exchanges. Each company has something unique to offer and could prove to be an industry leader in the near future.

UpLift Knife

UpLift DAO runs a launcher with many new properties. It is breaking down barriers to entry for all market participants, giving them access to early stage deals.. UpLift community maintains a global presence, spanning over 80 countries family.

It is one of the rising star projects in the crowdfunding ecosystem because of the rapid growth in the number of unique joint stock companies and the amount raised. Since November 2021, the launcher has raised more than 840,000 BUSD and attracted more than 7,000 active investors.

Running on the Binance Smart Chain, the UpLift launch board provides market-wide visibility to all active IDO participants and LIFT token holders. UpLift’s lottery-based access facilitates equal investment opportunities for all types of investors at IDO allocation. The Starter Platform is also integrated with Polygon to bring in emerging play-for-money projects. The first P2E game to launch on UpLift was NFT4Play.

Realizing the growing DEX usage, UpLift added an AMM-based marketplace called Jumbo Exchange to the launch pad, raising 99,999 BUSD. The launcher also supports the dedicated NFT marketplace based on the NEAR protocol, Youminter.

In the future, UpLift will explore other categories such as profit aggregators, asset management protocols, and infrastructure. This will add tremendous value to average backers by participating in promising projects while also earning side income and contributing to the DAO.

Appearance

There is no denying the kind of impact NFT has on the entire crypto industry. They have opened up more than a dozen verticals in the digital asset collection scene, with markets at the top. Currently, the most interesting market and the most loved by the community is LookRare. While Open Sea still has a premium interface and complex infrastructure, LookRare is attracting more users at a faster rate.

The main difference between looks and other markets is the reward system. It was something that was never there before. Collectors are now rewarded for buying and selling NFTs. In addition to the ETH reward for making sales, dungRare also distributes platform fees in the form of LOOKS tokens to all supporting distributors.

Initially, LookRare gave more than 600% APY and after the reward halved it dropped to 200%. The NFT marketplace has added more features to satisfy the community with free adjustments to listings, legacy offering dashboard, and feature decks. While many believe that the reward system is unsustainable and most users are trading, it looks expected and continues to deliver. In the future, we can expect a more balanced incentive system and more features to streamline NFT trading.

Reward Circle

One of the hottest areas in crypto is gaming. People want to participate in the fun economy to earn money and generate additional sources of income. But the problem with mass participation is that most players don’t have enough investment capital to buy NFT and start making money. To remedy this, gaming guilds such as Merit Circle have sprung up.

By providing talented players with the necessary NFTs, the Bonus Circle generates passive income. The player earns 70% of the profits, and the rest goes to the coffers. The game guild has attracted more than 2750 players, with a monthly growth of almost 100, from all over the world.

Besides providing scholarships, Merit Circle also invests in many emerging blockchain games that promote play for money. Some famous games played by MC players are Axie Infinity, Vulcan Verse and Sidus Heroes.

Crabada

The play for money movement initiated by Axie Infinity has taken the blockchain gaming world by storm. By giving ownership back to players and incentivizing their skills, P2E games provide an alternative source of active and passive income. With gaming becoming more prominent in the crypto industry and market participants seeing lasting value in NFT, many new and emerging P2E games have formed with DeFi crossovers.

Among the newly launched games, Crabada stands out. Like Axie Infinity, Crabada also adopts a dual token model with TUS and CRA tokens. While the former acts as in-game currency, facilitating looting, mining, and NFT lending, the latter is a governance token.

With high-level DeFi functionality and gameplay, Crabada is attracting thousands of players through the Avalanche network. Avalanche’s performance and speed also played an important role in Crabada’s rapid growth. In less than six months, the game recorded 4.8 million transactions and attracted more than 7,000 active users.

Osmotic

Decentralized exchanges have become popular in the DeFi ecosystem with their capital-efficient models and the ability to provide users with asset visibility across multiple blockchain networks. While AMM-based exchanges have defined a decentralized environment for asset trading and swapping, they still lack a sense of customizability.

Let’s say developers want to create new AMMs or increase market efficiency with new features. In that case, they had to build the infrastructure from scratch, minimizing the importance of the product itself. To help protocols reduce the time spent creating AMMs and improve the user experience, Osmosis is developing a cross-chain DEX built using the Cosmos SDK.

Osmosis provides a plug-and-play model for developers to deploy a growing decentralized exchange, which means one can make dynamic adjustments to the link curve and customize the parameters like swap fee and token weight.

The cross-chain DEX also achieved a major milestone in reaching a total key value of $1.5 billion. Osmosis drives positive interactions within the Cosmos ecosystem, helping everyone in the DeFi space see the true potential of interoperable blockchains and customizable DEXs.

Stop thinking

Cryptocurrencies are always evolving and as such, it can be overwhelming to keep track of hundreds of newly launched projects and determine which ones have the most potential. Joining a community like UpLift DAO and being exposed to a whole range of projects will greatly improve your chances of success. It’s the best way possible for the average investor to access industry experts and IDO deals. Overall, the projects mentioned above all have unique points and market opportunities worth trying.

https://www.cryptopolitan.com/top-five-rising-crypto-projects/ Top five growing crypto projects

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