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Like any other emerging technology, Cryptocurrency, too, is under the influence of severe criticism these days. Ones raising a finger over the platform have now their assertion backed by the fact that it suffered a 2 Trillion USD loss in just a year. This historic loss in the finance market has fueled the hate of the masses, previously non-receptive to technology.
Despite these losses, the experts stand at the opposite end of the chord and firmly believe that it'll revolutionise the mode of transactions for good. Efforts are now being made to regularise cryptocurrency because the non-regularisation has instilled enough fear among people. The problem with the majority is the failure to understand the fuller picture.
Unlike many, the majority only look up to the profits attached to the potential sum while ignoring the associated risks. The money simply floats, and if you, today, have made some – someone next door lost. The volatility breeds this floating nature of the asset. The bottom line is, Cryptocurrency is of any good only if you're well-versed with how a particular coin operates on a broader level. Let us cut LYNQYO (LNQ) wide open – A new one in town!
How often do you sit around watching your favourite Netflix show or something on YouTube? Probably a lot, at least that's what the statistics say. How about you make money while consuming and engaging with published content? With LYNQYO (LNQ), this now is the reality. It has built an ecosystem that provides an opportunity to earn money, doing the stuff you most repeatedly do on auto-pilot.
LYNQYO (LNQ) is currently based on the Polygon network, and it aims to extend its roots in the future, expanding to Polkadot and Ethereum, using a substrate-based chain. Consumption of information has been around for ages, but the innovative measure the platform has introduced is to incorporate the blockchain and back all this activity on Web 2.0 channels (Youtube, Instagram).
The ecosystem operates in three major steps listed below,
The rewards the end-user receives are in the native currency of LYNQYO – LNQ! Apart from that, the primary utility of the token is that it acts as means of payment across the chain. One needs to deposit fiat or the currency supported by the platform to swap it for the native tokens to make a purchase.
The platform is built on the Decentralised Autonomous Organisation model, which means everyone has the right to register their vote to introduce a change in the platform. It may vary in its effect, but everyone's say would be evaluated and weighed based on the share one holds on the platform.
Fantom (FTM) is a Layer-1 protocol designed to host decentralised applications and games. It utilises smart contracts to encode the instructions and run the platform in a fully decentralised way. As a result, the system is free from outside influence. It resembles the Ethereum network in terms of nature. Additionally, it is EVM compatible, which implies that any programme that can run on Ethereum will immediately be appropriate for Fantom (FTM). As of now, there are already 200+ applications deployed on Fantom (FTM).
On Coinmarketcap, it stands at 55 with a price equivalent to 0.344 USD. The graph for Fantom (FTM) is at its all-time high value right now. Set the chart to "Month" and observe its bullish trend.
LYNQYO (LNQ) outweighs Fantom (FTM) because it is newer and is potentially more viable in the long run.
Don't miss out on an opportunity to try your luck with LYNQYO (LNQ). The sooner you decide, the better it's going to be – You're likely to get an additional 7% of the tokens if you purchase in the 1st stage. Similarly, you'll get 5% more tokens if you purchase it in the 2nd Stage, and 3% more if you purchase it in the 3rd Stage.
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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.
