2 Cryptocurrencies to Put on Your Watchlist for The Coming Season: Privacrip and Decentraland
In this article, we will be discussing two notable cryptocurrencies that can get you long-term profits. These projects have made giant strides in decentralized finance (DeFi) technological advancements, and have shown to provide useful blockchain solutions to many limitations in traditional financial institutions. These cryptocurrencies are Privacrip (PRCR) and Decentraland (MANA).
Privacrip (PRCR) – Bringing Privacy Back
The Privacrip (PRCR) blockchain is one of the fastest and most secure blockchains in the cryptocurrency space. The project which focuses primarily on decentralized finance (DeFi) has become one of the most reliable cryptocurrency Defi projects. The project is a layer 1 solution built alongside the Cosmos ecosystem, which utilizes the Proof-of-Stake (PoS) consensus mechanism through the use of algorithms that are fault tolerant.
The native token on the blockchain is the PRIVATE token which is symbolized as PRCR. The token is used for gas fees, governance, and transactions. The token is also user-friendly and can generate rewards when staked.
The Privacrip network utilizes inflation and block rewards to encourage holders and new users to join the network. It is an open-source protocol that encourages a wide range of privacy-preserving tools thereby increasing decentralized technology and usability. The blockchain also enables smart and private contracts which permit engineers in the space to make contracts with command over what subsets of information are encrypted.
Data and information registered on the Privacrip (PRCR) network are secured in an encrypted format with an application on the blockchain called Safetrace. Safetrace is a security-saving contact following application that uses the Privacrip network to empower the rundown of confidential information and informational collection research strengthening while never uncovering a single person’s information. The Privacrip Network also offers users who purchase the PRIVATE token using Ethereum (ETH) will receive a 15% bonus.
Decentraland (MANA) – The King Of P2E
Decentraland (MANA) is a virtual reality-based platform. It is a project that realizes gaming finance with its native token called the MANA token. In the Decentraland, players can buy plots of land as Non-Fungible tokens (NFTs) with the MANA token. The MANA token is the primary token in the Decentraland (MANA) virtual reality metaverse originally built on the Ethereum blockchain. It enables users to buy and claim rewards in the Metaverse.
The Metaverse is a universal and immersive virtual world that is fueled and powered by virtual reality. In other words, the metaverse is a network of 3D virtual worlds that is powered by a social connection.
The MANA token helps users get wallets, buy wearables and properties, and most importantly, trade in crypto. The token is a good option to purchase in the long run and has seen high demand in the crypto market due to its versatility and rich features that it unlocks for users in the Decentraland Universe.
Decentraland (MANA) is an open metaverse platform that does not have single ownership, therefore multiple users can stake in its developments and make different purchases with its native coin.
Decentraland (MANA) has gained a lot of adoption since its inception with the likes of Companies like Samsung and Adidas buying properties in its metaverse as of January 2022. Judging from its recent performances in the cryptocurrency space MANA will be worth purchasing for long-term profits.
Adding either of these tokens to your portfolio is a good idea as they are both potentially profitable options to purchase.
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