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Both Ethereum (ETH) and Cardano (ADA) have loyal investors who have respectively gained on their investment, and for this reason, have loyalty to the projects, and believe that investment will continue to pay off in the long term. Can RoboApe (RBA) become a mainstay in the crypto market and adopt a community with the same loyalty? We believe so and have good reasons for this.
Ethereum (ETH) is a global computer network being operated on a blockchain. The project aims to allow developers to build decentralised applications (dApps), in order to create a new system that caters to users of the network.
The primary feature introduced by Ethereum is smart contracts. This is an autonomous set of algorithms that perform functions when conditions are met. The reason why it is decentralised is that there is no need for a third party to ensure that things are taken care of; everything is peer-to-peer with no central authority. The smart contract verifies everything necessary within the network.
The Ethereum platform itself is powered by the ETH token: the standard currency on the network. In order to use the network, participants must have ETH to be able to facilitate transactions. It has recently been described as the current "web 3.0", although the functionality is still due for some upgrades to increase usability.
Cardano (ADA) is an open-source, smart contract platform for decentralised applications (dApps). The project focuses predominantly on peer-review and scientific study. It is considered to be a third-generation platform; with the first generation being Bitcoin and the second being Ethereum, which both share similar issues. Amongst those issues are scalability, interoperability, and sustainability.
Cardano is steadily developing their network through a development plan consisting of five stages: Foundation, Decentralisation, Smart Contracts, Scaling, and Governance.
The aim is to solve scalability issues by introducing their Ouroboros system. This is the first secure Proof-of-Stake (PoS) protocol.
This system enables faster transactions per second, as well as increases the security and sustainability of the network. Cardano aims to advance their scalability by dividing the network into sub-networks, ensuring that nodes are not limited by bandwidth. They also intend to implement data storage techniques such as partitioning, compression, and pruning in order to reduce scalability limitations.
RoboApe (RBA) is a decentralised ERC20 token. It has a combination of three use cases, which are a means of payment, a medium of exchange, and a store of value. Holders have access to decentralised finance (DeFi) services within the RoboApe (RBA) ecosystem.
The platform features a distinctive cross-chain swap platform where users can trade their RBA for other tokens from separate blockchain networks. Essentially, users can easily swap between the RoboApe (RBA) platform and others.
RoboApe's ecosystem is not restricted to a single sector like that of legacy blockchain systems. The majority of tokens are being supplied to its network participants. This is beneficial when incorporating the RoboApe NFT marketplace, where users can trade NFTs.
To mint new NFT pieces, the NFT marketplace will charge a gas price in RBA. Users will be able to create RoboApe trading cards using images and GIF memes that they can either keep or sell. Once produced, the NFT will appear in the creator's wallet.
RoboApe (RBA) is a meme token with solid fundamental aspects to add to the community incentives. This is a unique development in terms of becoming interoperable, and it would be wise to consider investing whilst the price is low to gain exposure to unrealised growth in the project. However, ensure that you do your own research before making the final decision on your investment!
Presale: https://ape.roboape.io/register
Website: http://roboape.io/
Telegram: https://t.me/ROBOAPE_OFFICIAL
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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.
