The blockchain space is home to some of the most advanced and innovative projects, which aim to push the boundaries on offer by blockchain technology.
From projects such as HedgeUp (HDUP) to Casper (SPR) and Optimism (OP), there is a wide variety of cryptocurrencies and projects for traders, investors, and enthusiasts to pick from.
We will review each project to see how far they push the envelope. Are they utilizing the technology to its maximum potential? Alongside why they are still growing despite competing projects underperforming.
HedgeUp (HDUP) and The Success of Its Presale
HedgeUp (HDUP)’s presale has seen a high level of success and momentum mainly because the project has managed to utilize the infrastructure enabled by blockchain technology and innovate through it.
HedgeUp creates an alternative asset marketplace by utilizing non-fungible tokens (NFTs) through which people can essentially begin investing in numerous asset classes.
From wine, gold, luxury watches, fine art, or anything previously available to the extremely wealthy, all HedgeUp users need to do is stake as little as $1 of HDUP and gain access to these assets.
This is made possible due to the implementation of asset fractionalization, where investors can buy a specific percentage instead of purchasing the entire underlying asset with a lump sum of money.
HDUP is the native cryptocurrency that powers all of this while also providing each user access to NFT releases, staking rewards, and much more that will be implemented within the ecosystem in the form of bonuses. This level of innovation is the driving force behind its success.
What Casper (CSPR) Brings To the Table That’s Pushing Its Value High
Casper is a business-oriented Proof-of-Stake (PoS) blockchain with numerous features that have sparked interest among investors and traders within the blockchain space.
It utilizes its interfaces and APIs to work with tools commonly found among businesses. It puts security first, as it is a fully permissionless and decentralized blockchain with high scalability and provides access to upgradable contracts and multiple network deployments.
Additionally, it features a modular architecture that enables the technology to be upgraded later. The CSPR cryptocurrency rewards the network’s validators for validating on-chain transactions through its consensus mechanism.
Within the past 24hrs, CSPR as a cryptocurrency increased by 0.64%.
How Optimism (OP) Is Carrying On With Its Growth
Optimism (OP) as a cryptocurrency has seen a high level of activity and growth because its utility is to batch transactions within the Optimism Network.
In other words, it enables users to access lower gas fees on each transaction executed on the network through the usage of promising roll-up technology.
Alongside that, OP is also used for governance, where the cryptocurrency holders are a part of a system in which they can vote on specific governance proposals.
The coin is also used for rewards and the OP Governance Fund. Optimism is a Layer-2 scaling solution for Ethereum, which has sparked in popularity, and value as a result of this. OP as a cryptocurrency is up in value by 1.07%.
Making The Right Investment Decision
Each project has had its reason as to why it has grown in terms of value. HedgeUp (HDUP) innovates and provides access to alternative asset classes to just about anyone, anywhere in the world, no matter their financial state.
Casper (CSPR) enables a modular and flexible blockchain that’s scalable and designed for high speed and security. At the same time, Optimism (OP) aims to scale Ethereum and provide users with access to much lower gas fees. Each of these projects has a solid place within the blockchain space and is likely to move up in terms of value in the future.
For more information on HedgeUP click the links below:
Presale Sign Up: https://app.hedgeup.io/sign-up
Official Website: https://hedgeup.io
Community Links: https://linktr.ee/hedgeupofficial
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.