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Uniswap, Ripple, and Moshnake: DeFi Projects You Should Consider Adding To Your Cryptocurrency List

IndustryTrends

Decentralized finance began with the invention of cryptocurrencies. Blockchain technology facilitates transparent transactions and third parties elimination by acting as an online ledger.

Nevertheless, as information about blockchain technology spread, different individuals started forming applications for this recently discovered protocol. Further research and testing gave rise to the numerous crypto projects we have today.

Blockchain technology has a wide variety of applications and keeps getting more diverse. Moshnake is a blockchain-based crypto project slated to take place among other blockchain-based crypto projects soon. Moshnake joins a highly competitive crypto space.

How will Moshnake leverage its new features to gain a competitive edge in this space? This article will discuss Moshnake's features in-depth and compare its services with two pre-existing projects, Ripple and Uniswap.

What is Moshnake?

Moshnake is one of the crypto projects that successfully runs on the Binance Smart Chain network. It is a new play-to-earn platform that rewards its users with native tokens when they win the game.

Moshnake introduces an action game where users engage in head-to-head combat using NFT-like snakes. These snakes function as avatars, allowing their users to interact with the Moshnake ecosystem.

Moshnake is themed at helping crypto enthusiasts reminisce about the classic snake game. This game has appeared on popular mobile phones over the years and has attracted many users and fans.

The Moshnake ecosystem intends to build a crypto community composed of these fans and others interested in joining the ecosystem.

The Future Of the Moshnake Ecosystem

Following the famous saying, "If you fail to plan, you're planning to fail," Moshnake's success is guaranteed. Moshnake has a well-outlined road map that it intends to follow as it progresses to become a fully functional crypto project.

The Moshnake roadmap has six distinct phases. The first phase deals with building the Moshnake ecosystem. Its developers selected the Binance Smart Chain network to host the Moshnake ecosystem.

The next phase will address the game development, features, and the various protocols that will run simultaneously to ensure smooth gameplay. Moshnake is a smart contract-enabled crypto platform that can easily host decentralized applications within its ecosystem.

The third phase deals with the Moshnake token presale. Moshnake intends to sell 120 million MSH tokens during its two-phase token presale. This presale will be an opportunity to buy a large volume of MSH tokens.

The following three stages deal with publicity and market expansion of the Moshnake crypto project. All future modifications within the Moshnake ecosystem will occur within the last phase until the community becomes what it needs.

Moshnake Compared With Ripple And Uniswap

Ripple is a crypto project designed to be a remittance platform. It utilizes blockchain technology to eliminate third parties from international transactions. Ripple also helps to cut down time and fees that are common in traditional financial transactions. The Ripple (XRP) native cryptocurrency serves as the intermediary cryptocurrency for these international transactions.

Uniswap is one of the numerous decentralized crypto exchanges in the crypto space. It operates Ethereum and supports the swapping of ERC-20 tokens. The Ethereum blockchain is plagued with high gas fees, discouraging users from using the platform.

The Moshnake crypto project will provide better utilities for its users. Unlike Ripple and Uniswap, members of the Moshnake ecosystem will enjoy Game-Fi services. The Binance Smart Chain network will make it interoperable, cheaper, and faster.

Watch out For The Moshnake Presale

Moshnake is still in its developmental stage. Its token presale will start very soon. If you wish to join the Moshnake ecosystem through its presale, pay attention to its official website via https://moshnake.io to know when it starts.

Steps to buying the presale;

  1. Download and create a crypto wallet, preferably on the Trustwallet platform.
  2. You can buy the presale with BNB, ETH, or USDT tokens. Fund the wallet with any of these.
  3. Visit https://moshnake.io to access the presale portal.
  4. Connect your wallet and select the tokens you have deposited for the.
  5. Approve the transaction to complete the presale purchase.

There will also be a token airdrop for all interested parties. So in case you don't have money to buy the presale, you can take advantage of the airdrop.

Conclusion

All Moshnake users can earn money when they play the snake-themed game within its ecosystem. Stay updated with Moshnake's development and buy its presale through the link below.

Moshnake

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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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