The volatile nature of the coin market has made many cryptocurrencies struggle to stay relevant. New coins must fight so they don’t get drowned in the sea of over 20,000 cryptocurrencies in the coin market. This is not the case for the new project, Uwerx.
This freelance-focused project has enough features and innovations to reach the top of cryptocurrencies rankings.
Uwerx is crushing its presale and thus putting smiles on the faces of its investors. This article will explore the features of Uwerx and discuss how Dai (DAI) and Decentraland (MANA) are struggling in the coin market.
Dai (DAI): The Coin Of Trust
After Maker DAO launched Spark Protocol (a lending platform for Dai users), investors expected a spike in the value of Dai (DAI). However, Dai (DAI) has hovered around the same price range in the past seven days.
In a blog post published on May 16, the Singaporean cryptocurrency exchange, crypytp.com, announced the addition of Dai (DAI) to their exchange. With this addition, Dai (DAI) becomes one of the few tokens currently available for Pay purchase on Crypto.com.
This latest development should have translated to the rise in the value of Dai (DAI) is trading at $0.9999 with a market cap of $4,859,732,722. Analysts predict the crypto to reach $1 within Q1 2024.
Decentraland (MANA) May Have A New Competitor
Decentraland (MANA) saw a slight increase in investors and users over the past week. This slight increase came because the project announced some upcoming developments.
For example, Decentraland announced on Twitter that it has partnered with NFTLabs to host a metaverse party with DJ Dillion Francis on May 19, 2023. They also announced the upcoming The Voice Studios. This is a new immersive, musical experience where users can compete, play, and win prizes.
These developments have increased the value of Decentraland (MANA) in the past seven days. The crypto trades at $0.52, with a market cap of $976,412,238. This represents a 9.10% increase in value.
Despite this increase in Decentraland’s (MANA) value, analysts believe that if the rumors about Apple launching its metaverse are accurate, it could spell bad times for Decentraland (MANA).
Uwerx (WERX): The Future of The Freelancing Is Here
Uwerx is a revolutionary freelance project that utilizes blockchain’s power to benefit the freelance industry. Uwerx will charge just a 1% transaction fee, significantly lower than traditional freelance platforms charge.
The project is in the fifth presale stage and offers a 15% purchase bonus. When the presale exceeded developers’ and early investors’ expectations in the first to third presale stages, the Uwerx team optimized its token allocations. The presale allocation increased to 57% of the total token supply, accounting for 427,500,000 tokens of the total 750,000,000 WERX tokens.
Furthermore, the token allocation for the fourth presale stage was increased to 77,500,000, and the upcoming stage five will have 72,500,000 tokens available.
Within a month of the presale, Uwerx’s presale price surged 350% ($0.005 to $0.0225). The project swiftly sold out in each presale, to the amazement of the Uwerx team. This is a testament to the rising demands. Uwerx’s presale has succeeded overall because of the development team’s agile methodology approach. With this approach, they were able to release the project in stages and make improvements every step of the way.
The Uwerx team has also announced that another price increase and bonus reduction are imminent. The proposed launch price has been bumped to $0.095—$0.115.
Furthermore, Uwerx has proven that they take the security of investors’ funds seriously. Uwerx has already obtained approvals from InterFi Network and SolidProof. In addition, the Uwerx team will renounce smart contract ownership of the project when it lists on centralized exchanges.
The Uwerx team had also proposed to lock developers’ liquidity tokens for 25 years post-presale. However, after results from the poll on their Telegram and Twitter showed that 82.8% of respondents preferred the team’s token to be locked before the presale ends, Uwerx will announce the date for this soonest.
Uwerx will also begin to transition to the Beta Version of the platform, where users can test the platform. Additionally, they are open to suggestions and recommendations via their dedicated feedback email at feedback@uwerx.network
In another poll, 98.2% of the people voted for a Test Airdrop to be done. The Uwerx team listened and agreed to run a Test Airdrop before the end of the presale. They believe that the Test Airdrop will help users to confirm whether the receiving wallets they entered were correct.
Uwerx has also launched the Uwerx Vault, a feature allowing users to save their WERX tokens. Users will also earn great rewards for using the Uwerx Vault.
Analysts predict the WERX token will be valued at $2.6 by Q1 2024. That’s a sign of massive gains in just a year. Five thousand investors have already signed up. So what are you waiting for? Join the Uwerx today and get your own 15% purchase bonus.
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network
