Will Feed3 Reward Holders Exponentially More Than Binance Coin And Internet Computer?

Will Feed3 Reward Holders Exponentially More Than  Binance Coin And Internet Computer?
Published on

Binance Coin (BNB) and Internet Computer (ICP) are two of the largest and most popular cryptocurrencies and are ranked among the top 40 cryptocurrencies in market capitalization. However, many crypto experts argue that they might not be the most rewarding in the present cryptocurrency market.

According to statistics, certain altcoins have performed significantly better than them, and the new cryptocurrency, Feed3 (FD3), aims to achieve this feat too.

Feed3 (FD3) is tipped by its developers as the next big cryptocurrency because of its unique offerings, thus making it an item of interest to crypto enthusiasts.

But can Feed3 (FD3) go to the moon, eclipsing Binance Coin (BNB) and Internet Computer Protocol (ICP) in the process? Here are some facts about these three cryptocurrencies and why their supporters believe they are profitable "holds."

How Binance Coin Maintains Its Top 5 Status

Binance Coin (BNB) is the third-largest non-stablecoin, ranking it among one of the most successful cryptocurrencies. It maintains its top-rated status thanks to its close ties with Binance Exchange, the world's biggest centralized exchange (CEX). As a result, Binance developers have been consistently adding utility and use cases to the crypto project.

Binance Coin (BNB) was initially launched as a trading top on Binance Exchange, with BNB-based transactions discounted by the exchange, making the crypto asset attractive to Binance Exchange users.

Binance Coin (BNB) quickly rose to prominence in the cryptocurrency market due to Binance Exchange's high trading volume and effective strategy on the Binance Coin (BNB)

Furthermore, Binance Coin (BNB) is used to pay transaction fees and stake on DeFi protocols, among others, on the Binance Smart Chain (BSC), Binance's smart-contract-enabled blockchain and one of the fastest and most efficient smart contract ecosystems.

Finally, Binance Coin (BNB) is deflationary, with a percentage of the total circulating supply burnt regularly. This strategy boosts the demand for Binance Coin (BNB) and subsequently skyrockets its value.

What Caused Internet Computer Protocol's Rise?

Internet Computer Protocol (ICP), like many other projects in the cryptocurrency market, is much more than a digital currency. The core idea behind the Internet Computer Protocol (ICP) is to develop a new type of decentralized internet and global computing system where independent data centers from around the globe could collaborate to develop an alternative to the cloud services (Amazon Web Services and Google Cloud) that currently power the most of the internet.

ICP plans to have the protocol run on millions of computers worldwide. According to ICP's developers, the resulting network has several advantages over centralized alternatives.

For example, all applications accessible via traditional internet standards, like DNS (the domain name system for web browsers and smartphones), can be run on Internet Computer Protocol's (ICP) global and distributed network of data centers.

Furthermore, the ICP token serves several purposes, including acting as a governance token, rewarding participating data centers, and paying transaction fees on the network. All these cumulate to the network's  $1 billion market valuation.

Feed3 will Revolutionize the GameFi Ecosystem

Feed3 (FD3) is an innovative, AI-powered voice note crypto platform allowing blockchain-based game players to share feedback on their gaming experiences. This will be done in exchange for FD3 tokens (the utility token of the Feed3 platform) through the pioneer feedback-to-earn (FB2E) model.

On this crypto platform, the Play-to-Earn (P2E) model will collaborate with the FB2E model to offer a more immersive gaming experience. Feed3 (FD3) will work with several popular P2E models to enable the installation and integration of Feed3 (FD3) technology into the gameplay and user interface. This innovation will allow gamers and gaming communities to generate extra cash for feedback.

As a result, the data required to improve a game becomes readily available to the development team. Incoming audio feedback will be gathered, processed, and governed on the Feed3 (FD3) platform using Freeda, a custom deep neural network algorithm.

This technology will determine how many FD3 tokens are awarded per feedback based on the feedback's quality.

Final Thoughts

Feedback is a valuable resource not just in GameFi but all DeFi ecosystems. As a result, Feed3 (FD3) possesses a solid market potential that may help its value soar after its launch, even above Binance Coin (BNB) and Internet Computer (ICP).

You can buy the cryptocurrency at a cheap rate in its ongoing presale. To join or learn more about the presale, follow the links below.

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

                                                                                                       _____________                                             

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.

Related Stories

No stories found.
logo
Analytics Insight
www.analyticsinsight.net