New Crypto Successful Projects in the market

Posted by Nayana Patil on March 26th, 2021

Polkadot is the most talked about digital assets in recent times. Polkadot recently unseated Ripple, to claim the spot as the 4th largest cryptocurrency.

Polkadot has been endorsed to be the “Ethereum killer”. It was framed to build a completely decentralised web where users are in control. It operates on a multi-chain which has several ‘parachains’.

Tezos(XTZ)

This crypto project is launched on its own blockchain. As it offers smart contracts, hence it is similar to the Ethereum blockchain.Evolve above the errors of the Bitcoin and Ethereum blockchain is the main aim of the project.

To attract DeFi developers to the ecosystem, the new upgrade of the project has cut the smart contract gas fee by 75%. It completed a 1 million partnership project with logical pictures,one of the first tokenization initiatives in the movie industry. The prospects of Tezos in 2021 is very high, the project ranks as the 22 largest crypto and trades at .5.

Synthetic (SNX)

Synthetix has in the past shown much promise, growing from --content--.03 to over in the last 2 years. Synthetic is used for issuing synthetic assets in the DeFi ecosystem. It currently ranks as one of the biggest DeFi projects.

FileCoin (FIL)

Filecoin announced in 2017, the crypto space had three years to anticipate the launch of this project. Filecoin launched in October 2020 with its 0 million ICO. The project offers a decentralized file storage platform with incentives for mining.

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Nayana Patil

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Nayana Patil
Joined: March 22nd, 2021
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