Uwerx shall be a brand new crypto venture trying to disrupt the marketplace for freelance employees. By leveraging that fast-growing sector, Uwerx can see sturdy positive aspects in 2023. The crypto market rebound is prone to be sluggish, and cash like Ethereum (ETH) and Ethereum Traditional (ETC) will face an uphill battle for returns.
Ethereum (ETH) Flops After the Merge Replace
Ethereum (ETH) was the massive crypto information story in August and September after the venture introduced its long-awaited transfer to Proof-of-Work mining. The transfer made the venture greener, however builders stated that it could not resolve the problems with fuel charges and transaction speeds. The Merge occurred round 15 September, however the value remains to be decrease after the FTX fallout. Ethereum (ETH) remains to be the quantity two crypto on the earth with a $200 valuation.
Ethereum (ETH) at the moment has $28 billion in Whole Worth Locked on the chain however that’s down from $100 billion on the peak. Ethereum (ETH) has suffered from a drop in NFT gross sales and different purposes. The following improve for Ethereum (ETH) would be the Shanghai onerous fork. The Shanghai improve permits the withdrawal of staked Ethereum (ETH) tokens, which stay locked following the September improve. The coin at the moment trades across the $1,851 determine after seeing highs of $2,000 forward of the Merge.
Ethereum Traditional (ETC) Loses Early Features
Ethereum Traditional (ETC) was seen as a beneficiary of the Ethereum Merge. Ethereum Traditional (ETC) nonetheless makes use of the Proof-of-Work structure, and it could have been a straightforward change for miners. The chain did see a bounce in Whole Worth Locked to $1.4 million across the time of the Merge. Nevertheless, the venture has since seen its TVL drop to $159k.
Ethereum (ETH) founder Vitalik Buterin beforehand endorsed Ethereum Traditional (ETC) forward of the Merge, nevertheless it did not spark a sustained rise in exercise. In his feedback, Buterin stated the chain was a “wonderful” PoW different to Ethereum. Ethereum Traditional (ETC) has slipped out of the highest twenty cash and ranks at quantity 24. The present value of ETC is $19.89 with a market cap of over $3 billion.
Uwerx (WERX) Can Outpace Ethereum this Yr
Uwerx is a brand new venture with real-world utility, that advantages from first-mover benefit by the use of a decentralized blockchain. The present market leaders for freelance work are utilizing Web2 software program platforms, however Uwerx desires to take the market to the blockchain. The present market is usually criticized for having excessive charges and sluggish funds, that are two areas that the digital ledger can repair. Uwerx desires to slash charges from 20% to 1% and that might see the venture choose up early market share. There are different advantages in utilizing the blockchain, resembling elevated knowledge safety and IP management.
Buyers are displaying nice ranges of confidence within the legitimacy of the venture as liquidity has been locked for 25 years after the presale ends and in addition, the venture has obtained audit approvals from each InterFi Community and SolidProof.
Uwerx can velocity forward of Ethereum (ETH) and Ethereum Traditional (ETC) as a result of it doesn’t must comply with the swings of crypto adoption or confidence. Uwerx is at the moment in a presale at a price of $0.0065 and beneath the radar of the vast majority of buyers. Gig economic system employees grew by 12% through the pandemic within the U.S. and there are anticipated to be 91 million freelancers within the nation in 2028.
That underlying market and development will assist Uwerx and positive aspects can include advertising and marketing and change listings. Some analysts anticipate to see an enormous rise in WERX to $2.80 this yr.
See the hyperlinks under to hitch this thrilling presale while you possibly can, earlier than the value improve in a while in the present day and luxuriate in a 25% buy bonus in addition to the prospect to enter a contest to win $5,000.
Presale: make investments.uwerx.community
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Web site: https://www.uwerx.community
Disclaimer: This can be a press launch publish. Coinpedia doesn’t endorse or is accountable for any content material, accuracy, high quality, promoting, merchandise, or different supplies on this web page. The picture used on this article is for informational functions solely and is offered to us by a 3rd occasion. Coinpedia shouldn’t be held accountable for picture copyright points. Contact us you probably have any points or considerations. Readers ought to do their very own analysis earlier than taking any actions associated to the corporate. |