The outrageous collapse of FTX, Alameda, and BlockFi was the icing on the cake for the moribund crypto market in 2022, taking crypto prices to all-time lows in the past year. That includes metaverse tokens like Axie Infinity (AXS) and ApeCoin (APE), once seen as heavyweights in the space but whose token prices have fallen by the wayside over the past year.
But likewise, hope springs eternal in the crypto space: with projects like Flasko, shrewd investors can still make massive returns even during the worst of bear markets.
Axie Infinity (AXS) became the talk of the town in 2021 when players from all over the world took advantage of the play-to-earn blockchain game to earn a side income during the pandemic. Axie Infinity (AXS) serves as the game's utility token, which players can use to hold, vote on governance proposals, and earn yield within the Axie Infinity (AXS) ecosystem.
However, fast forward to 2022, and most Axie Infinity (AXS) players have exited the once-profitable venture, leaving Axie Infinity (AXS) token prices stuck in the mud with no end in sight. With player numbers dwindling, it's safe to say that Axie Infinity (AXS) will never again hit the heights its token price once did.
ApeCoin (APE), despite the initial hype that saw it hit ATH levels before Terra Luna came crashing down, has failed to captivate investor interest, especially as the NFT market has taken a turn for the worst this bear market. Moreover, ApeCoin (APE) has been subject to numerous changes within the ApeCoin (APE) team, belying a lack of competence and failure to expand mindshare within the crypto space.
Not surprisingly, many ApeCoin (APE) holders have long left the venture. Skepticism about ApeCoin (APE) and whether it has any real use case has made it an afterthought in crypto circles. No serious investor is going all in on ApeCoin (APE).
Finally, we have a winner this 2022. Flasko is a startup in the process of creating the first alternative-investment platform enabling Flasko users to mint, buy, and sell NFTs backed by the company's catalog of the finest investment-grade whiskeys, wines, and champagnes.
It is a known fact that rare wines, whiskeys, and champagnes have been outperforming traditional equities and commodities over the past decade, with the asset class emerging as a real hedge against inflation.
Flasko, besides enabling revolutionary alternative investment trading through NFTs, also offers a launchpad for premium beverage firms to help them launch and market their products to the Flasko user base, which will gain exclusive access and discounts before these new products hit the market.
Flasko's second phase presale is ongoing, with token prices available at $0.125. Experts say the price is a bargain, considering Flasko is tipped to hit the $4 level mark by 2023. If there's a bear market blue chip crypto out there, it's got to be Flasko. With 33 years of locked platform liquidity, a fully audited smart contract by Solid Proof, and dev team tokens locked for three years, followed by another vesting period, Flasko is poised to break records in 2023.
Website: https://flasko.io
Presale: https://presale.flasko.io
Telegram: https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.