Gnox (GNOX) Continues to Trend Among Bitcoin (BTC), Solana (SOL), and Cardano (ADA) Holders

As we slowly back away from the first half of 2022, the crypto market seems to be coming back to life. Some of the top layer-1 blockchains such as Bitcoin (BTC), Solana (SOL), and Cardano (ADA) are flashing multiple bottom signals. It won't be long before crypto investors are aping bach into these popular crypto assets. 

So the question now for long-term investors is, which crypto platforms should I invest in? Should you go with the king of the hill and start DCAing into BTC? Or maybe go with one of the other up-and-coming layer-1s like ADA or SOL? 

The truth is, you should never pick just one. Putting all your proverbial eggs into one basket is not a great idea. There's always the chance that some mega genius figures out a way to take down a network and sends the price plummeting. That's what happened to LUNA holders when that coin went kaput. 

The solution, of course, is to invest in a diversified portfolio of crypto assets in order to spread the risk and hedge your bets. And you're going to need to invest in more than just a few assets to properly diversify. Of course, that takes a lot of research in order to do it properly. You might need multiple wallets, multiple exchanges on multiple blockchains, and so on and so forth.

For most people, this is just too much work. But what if you could invest in just one single cryptocurrency and get exposure to a diversified portfolio of assets — just like an ETF or mutual fund? That sure would make things simpler. Until this is possible, DeFi platforms won't likely see mass adoption.

Ah, but it is possible — or soon will be. There's a new platform launching in mid-August called Gnox. All crypto investors have to do in order to get exposure to a vast array of cryptocurrencies and passive income-producing DeFi opportunities is to simply buy and hold the GNOX token. The rest is done for them.

Here's how it works. Gnox collects a 10% tax on all aftermarket sales of GNOX tokens. Most of that money is put into a treasury. The platform gathers data on passive income opportunities such as lending platforms and liquidity pools across several DeFi platforms. The data is analyzed and put before the community of holders for a vote. 

Once a month, the revenue from the investments is cashed in and used to buy back and burn GNOX tokens. This reduces the circulating supply and increases the spot price. Also, 10% of the tax collected is airdropped back to GNOX holders on an hourly basis. 

What we have here is a token with a constantly falling circulating supply, a constantly growing treasury, and a passive income mechanism that produces a constantly growing stack of GNOX tokens for all holders. 

The tax also serves several other purposes. For example, it discourages day trading and thus reduces volatility. It encourages people to get in as early as possible. And it encourages the long-term holding of GNOX. 

Having all of that going on in one simple buy-and-hold package gives GNOX a shot at being one of the first DeFi platforms to attain mass adoption. 

The GNOX presale ends on August 12th. You can take part by visiting the Gnox.io website where you can also learn more about this ingenious new DeFi platform that's starting to cause waves among crypto investors. 

Learn more about Gnox:

Join Presale: https://presale.gnox.io/register

Website: https://gnox.io

Telegram: https://t.me/gnoxfinancial

Discord: https://discord.com/invite/mnWbweQRJB

Twitter: https://twitter.com/gnox_io

Instagram: https://www.instagram.com/gnox.io/