Many people in the cryptocurrency market are familiar with Polkadot (DOT) and Cardano (ADA), and understand the fundamentals both projects offer.
A new unique project called Xchange Monster (MXCH) promises to deliver a platform capable of impacting the market by catering to the gaming community and cryptocurrency enthusiasts, but can it provide returns?
If this sounds interesting, read the information below and learn more about all three projects.
Xchange Monster (MXCH) is a Gamefi platform aiming to make crypto faster, safer, and more convenient than ever. The platform enables users to diversify their cryptocurrency portfolio across multiple assets at a low cost in just a few clicks.
The Xchange Monster exchange and the integrated crypto wallet allow users to have the world of crypto trading at their fingertips.
Offering lightning-fast transactions with minimal latency ensures that users get the best possible prices. Not only does Xchange Monster cater for the gaming community, but it also allows users to gain exposure to digital currencies like Bitcoin, Ethereum, XRP, and more.
Xchange monster (MXCH) wants to reach out to people and inform them about crypto assets. The platform will help new users to invest and trade cryptocurrencies with confidence and assurance. The team is working to create a platform that delivers reliable education for a network of people interested in the cryptocurrency economy.
The platform is safe and secure because it is recognised by The Swiss Financial Authority (FINMA). They currently hold a membership with the VQF. Xchange Monster has the potential to truly enhance the Gamefi industry and help to promote its adoption.
The team behind Xchange Monster (MXCH) are more than qualified to deliver the platform as they have high-quality experience in the Blockchain space.
Some members come from impressive backgrounds working with blue-chip companies such as Amazon and Microsoft. The team is also doxxed and easy to verify, delivering a sense of security. The CEO is Felix Honigwachs, a blockchain expert with a background in software development.
Polkadot (DOT) is a blockchain that focuses on interoperability. It aims to connect and secure networks, whether they are public, permissionless networks, private consortium chains, or other Web3 technologies.
Polkadot is one of the first Layer 0 protocols. It gives layer 1's the platform to build an interoperable blockchain.
Polkadot (DOT) aims to connect layer 1 networks such as Ethereum and Solana to communicate, advancing the scalability of each blockchain. Additionally, it enables the transfer of tokens across numerous blockchains.
The network can transfer data between permissionless blockchains and private blockchains. It enables applications to be developed and receive permission data from a private blockchain to use on a public blockchain.
Cardano (ADA) is a layer 1 platform created to facilitate decentralised applications. The project is unique because the development focuses on scientific study and peer-review.
The team is developing the network through five different stages to ensure efficiency: Foundation, Decentralisation, Smart Contracts, Scaling and Governance.
The network will enable high security and faster transactions per second to ensure sustainability. The team focuses on advancing its scalability by dividing the network into sub-networks so the nodes aren't limited by bandwidth.
The Cardano team is also working to implement decentralised technology in African countries. Since 2017 they have been gradually executing a plan to grant economic identity in Africa.
Additionally, Cardano (ADA) has a partnership with The Ministry of Education in Ethiopia. They onboarded 700K teachers and 5 million students to teach the basics of the technology across schools in the country.
All of these projects are promising and look good to get behind. If Xchange monster continues to develop according to its roadmap, it could present a good opportunity to pick up some MXCH for a good price.
Presale: https://xchangemonster.boostx.finance/register
Website: https://xchangemonster.com/
Discord: https://discord.gg/M5hu5HwbeJ
Telegram: https://t.me/xchangemonsterofficial
Twitter: https://twitter.com/Xchange_Monster
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
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.