As the fastest growing industry in the world, cryptocurrency has provided users with investment opportunities that the banks and governments couldn’t in the past. Although centralization has its benefits, there are many problems that arise with this system – this is where cryptocurrency comes in. In the absence of traditional restrictions and decentralization, every investor has a say in the future of the project. This resulted in crypto projects being community driven. In turn, the project is backed by loyal users who genuinely support it.
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Decentralization also provides its users with freedom and anonymity while performing trusted transactions. Because of the high number of investors diving into cryptocurrency, new projects are continuously emerging, ready to take the crypto world a step further. If you are wondering which ones to invest in, this article takes a closer look at EOS (EOS), Klaytn (KLAY) and Mehracki (MKI).
EOSIO (EOS) Operating System’s Secure Authentication For DApps & Internet
Klaytn (KLAY) Metaverse Provides Layer-2 Solutions, NFT Marketplace & Crypto Wallet
Klaytn (KLAY) is another project that allows users to explore blockchain technology in the best possible way. The project stands out from the rest in a few ways. KLAYTN (KLAY) is a hybrid blockchain project that targets corporate and enterprise-level participants. It combines the benefits of public blockchains, including distributed governance and decentralized data and control, with the high scalability and low latency of private blockchains. Additionally, Klaytn offers a metaverse package that includes customized layer-2 solutions, crypto wallets, NFT marketplaces, etc. KLAY is the native token of this blockchain. In addition to facilitating network exchanges, KLAY is used to claim governance rights.
Mehracki (MKI) Memecoin to Gamify Payment to Promote Token
The Mehracki (MKI) project is unique in that it deviates from the standard meme coin by having real-life applications and continuously improving the platform. To provide its investors with a fun, feel-good environment in which to invest, Mehracki and its token MKI were created. MKI is a crucial part of Mehracki’s ecosystem. Transactions on the platform are authenticated and verified by this symbol. Payments with MKI will also be gamified to promote the token’s use. The token also grants its holders governance rights.
Author
Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.
