2 cryptocurrencies to invest - Analysis 💲
Ultra seeks to take advantage of one of the industries that has grown and evolved the most in recent times: video games. If you have heard of Steam and know how it works, it will not be difficult for you to understand how Ultra works. It is a combination of social network and video game platform using Blockchain technology.
Developers can create or upload their games that use cryptocurrencies and sell them on this platform as if it were a market. Play 2 win games have become very popular in the last year. There are people who have found a way of life just by playing these video games that make them generate cryptocurrencies. To name a few of the most popular are Axie Infinity, Thetan Arena, and Cryptomines.
Ultra seeks to encourage this kind of games by giving them a single space where everyone can meet. In addition, it provides tools so that developers can create them in a simpler way.
UOS is the platform's own token that is used for commissions and perhaps in the future to buy games. Looking at the technicals, the all-time high is $2.46 and the low is $0.019. While this is already potentially good for business savvy, this is not where the best of Ultra is.
Today video games are known as "electronic sports". Championships are held, teams are assembled and the best players are signed. This industry continues to evolve and integration with Blockchain technology may be the next level. Investing in Ultra is preparing for this great step in video games, and earning a lot of money with it.
The Oasis project consists of a layer one Blockchain. Its pillars are the privacy and security of transactions, allowing the creation of confidential smart contracts. This is a radical change in the way they have been implemented until now and opens up a new universe of possibilities. Until now, no other platform had managed to successfully combine Blockchain technology with confidentiality.
This is the potential that Oasis has. This is because it is starting an area that has not been seen until now. The services that can be managed through the Blockchain will increase greatly. With Oasis you can manage information such as social security number, medical data or bank account information without fear of being leaked to the network.
The medium they use for their open finance system is the Cosmos SDK, which is one of the most popular frameworks for working with blockchains. One of the features that is yet to come in Oasis is to allow operations between all networks that use "cosmos".
The business opportunity with Rose, the Oasis platform token, is that it is a system that no one else has implemented. It is a novel idea that will most likely revolutionize the market when the project is completed. Rose is currently around $0.4, with an all-time high of $0.59. This means that the price of this token could skyrocket at any time this year. Those who know finance know that one of the best ways to make a lot of money is to buy cryptocurrencies under $1. Many have become millionaires by applying this tactic, then selling when its price skyrockets. Rose has a pretty good chance of doing that this year.
I think Oasis (ROSE) is a nice coin to invest in. At this point, it is still under $1 and it has a solid project and fundamental analysis behind it.
Thanks for sharing this with us buddy
You are welcome friend! Of course, it is still a good time to invest.
Choosing right project to invest it something that require a thorough research and a proper study. The ones you shared in the proposed looks good to me however I'm not sure whether I'll be investing or considering these but giving it a thought for study is certainly a good idea which I will try to do. Nice post