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RoboApe and Near Protocol; DeFi-oriented Crypto Projects

IndustryTrends

Decentralized finance is gaining ground as it facilitates easier and faster transactions while ensuring the security of users' data, assets, and identity. Many Blockchain ecosystems have pioneered and developed revolutionary DeFi technology, and made crypto transactions more seamless, as decentralization gives users full access and control of their assets. DeFi essentially cuts out the middle man, eliminates poor customer service, hastens transaction speeds, lowers transaction costs, and improves user experience.

Major drivers in the DeFi space like the Near Protocol (NEAR) have set a yardstick for relatively newer projects like RoboApe (RBA) to live up to. DeFi promotes asset security and community development, and these projects seek to be at the forefront of this movement.

RoboApe (RBA)

RoboApe (RBA) is a highly decentralized blockchain-powered ecosystem built on Ethereum. It is a meme token that seeks to promote universality and self-expression by appealing to millennial and GenZ users. With its innovative features, it pushes inclusivity by incorporating learning, gaming, token swapping, and many other revolutionary features to drive cryptocurrency adoption. Roboape intends to be a platform with a reach into various spaces in the crypto industry.

Services like the Roboape Finance, NFT marketplace, Roboape eSports, RoboapeSwap, and the Roboape DAO give users a selection of groundbreaking DeFi services to ease transaction processes.

The Roboape academy seeks to improve the learning and adoption of cryptocurrency and NFTs by providing a platform for the careful dissemination of information and learning materials on different subjects in the DeFi space.

Roboape eSports seeks to unify the gaming community by organizing contests, gaming events, and reward systems to incentivize users.

The RNA is the native token of the Roboape Ecosystem, and it serves to funnel value through the network. It provides governance through the Roboape DAO, and it exposes users to interactions with the Roboape Ecosystem.

Near Protocol (NEAR)

Near is a highly scalable blockchain protocol and ecosystem which seeks to improve on developer and user-friendliness by creating a platform that appeals to users and crypto developers alike.

It is a cloud computing platform that uses the proof of stake consensus module to validate transactions. The high scalability index of Near Protocol (NEAR) is majorly due to a revolutionary validation process called SHARDING.

Sharding involves breaking down the NEAR network into fragments called Shards. These individual shards are then assigned specific transactions to process. This makes the network less congested, and improves the general throughput of the Near protocol.

Near improves user-friendliness by incorporating human-readable addresses instead of conventional wallet addresses. This means that users can now commit their wallet names to mind easily, and that greatly improves user experience.

The native token of the Near Protocol is the NEAR token. This token serves the purpose of utility and governance within the ecosystem, as NEAR can be staked to obtain voting privileges and staking rewards.

Users who purchase RoboApe (RBA) and Near Protocol (NEAR) should be certain of groundbreaking decentralized finance (DeFi) service delivery, as the community and teams of these projects are constantly dedicated to growth and development.

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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.

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