Bitcoin has set the standard for all crypto assets since its launch into the coin market. It has inspired thousands of other crypto assets, with most of them aiming to be as successful. The main idea behind Bitcoin and other cryptocurrencies is decentralization – the ability to transact or trade without censorship or control by a third party or entity.
Several crypto projects have provided great utility towards achieving this decentralization, but Adirize DAO (ADI) is set to raise the bar. The new cryptocurrency is set to be the first decentralized stable currency in the crypto market, and many believe it can inspire other projects, too, like Bitcoin (BTC).
Experts say Bitcoin is the inception of cryptocurrency in the mainstream, and Adirize DAO (ADI) could be the future. The crypto project is tipped to reach Bitcoin's prominence level in a short while due to its unique use case.
Bitcoin came to public knowledge 14 years ago when its anonymous developer(s), Satoshi Nakamoto, announced the project through a whitepaper. The document sold the dream of a payment system out of the control of any group or authority. Today, that dream has become a reality, getting bigger than imagined.
The peer-to-peer currency is currently the top most crypto asset by market capitalization. It is the most accepted cryptocurrency as a form of payment and the most popular. Several factors have contributed to this prominence, but the most evident is the alternative option Bitcoin provided to existing payment systems.
Bitcoin (BTC) enjoyed being the pioneer and rode on the wave to attain its success. The crypto asset has functioned as a store of value for many crypto enthusiasts, with contrasting periods of boom and bust that have brought profit and loss. Adirize DAO (ADI) would be the new project that aims to be as successful as Bitcoin (BTC), and experts believe it can achieve the feat soon.
Adirize protocol is a decentralized blockchain platform on the Ethereum network. It is regarded as the future of decentralized finance, facilitating DeFi-related services like inverse bonds, bonding, and staking. Unlike other DeFi protocols, Adirize won't rely on users for liquidity provision. The ecosystem will provide its liquidity, enabling it to maintain its value even when users decide to take out their funds during an unfavorable market.
The Adirize protocol is governed by a DAO. Adirize DAO members will have the power to propose, deliberate, and vote on issues concerning the ecosystem. Only Adirize token (ADI) holders can vote to be a member of the DAO, and voting privilege and authority depend on the amount of ADI you hold. The ultimate aim of Adirize DAO is to make ADI a decentralized stablecoin that can't be affected by the state of the U.S. dollar in the market.
The existing stablecoins, particularly USD, are semi-centralized and are affected by the rise and fall of the crypto asset they're pegged to. ADI looks to be a decentralized alternative. Unlike USD, it will be pegged to a reserved asset unaffected by inflation or government control. This is the true essence of decentralization, and ADI hopes to reduce the unhealthy reliance of the crypto market on the U.S. dollar, which is a centralized currency.
The ultimate aim is to ensure the decentralized stablecoin becomes widely accepted and can be used to complete transactions daily. Adirize DAO (ADI) aims to be a better store of value with less probability of depreciation. This will likely increase its adoption and popularity when it launches. The crypto project provides an alternative to an existing entity (USD-backed stablecoins) in the coin market, and it's set for the top.
Adirize DAO (ADI) is at its early presale stage, and you should join now. Join Adirize DAO (DAI) presale here, and find out more via the links below:
Presale: http://join.adirize.com/
Website: http://adirize.com/
Telegram: https://t.me/AdirizeDAO_Official
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