There are such a lot of cryptocurrencies for buyers to select from, realizing which of them are worthy investments and that are duds is difficult, to say the least. As an alternative of betting one horse, you could possibly select to sink your hard-earned cash into just a few prime Layer 1 blockchains similar to Ethereum, Cardano, or XRP. If you happen to put money into a basket of Layer 1 initiatives, not solely is there no assure the value will go up, however you’re simply competing in opposition to your self. It’s like betting on each horse within the race. It’s nice for the horse however not so nice for you.
However what in the event you didn’t have to decide on which initiatives to put money into? There’s a a lot better method to method crypto investing, particularly in the event you’re a newcomer or somebody who doesn’t have the time to analysis, establish, and babysit their crypto investments. It’s referred to as Gnox Token, or just GNOX.
Whereas everybody else is watching their Layer 1 investments and having fun with a rollercoaster trip of volatility, due to GNOX, you possibly can put money into a decentralized finance undertaking that’s designed to supply ongoing passive revenue in all market circumstances and that has a built-in deflationary mechanism. On the similar time, you possibly can put money into a diversified basket of passive-income-providing DeFi alternatives, thus vastly thinning your dangers.
You may consider GNOX as a crowdfunding undertaking. GNOX holders are getting collectively and pooling their monetary assets to fund a treasury. The treasury is invested in staking rewards, lending platforms, and liquidity swimming pools that produce passive revenue. Revenue from these actions is used to purchase again and burn GNOX tokens. This reduces the availability and boosts the value of everybody’s tokens. A portion of gross sales can also be airdropped again to present holders as soon as each hour offering much more passive revenue.
As a result of the treasury is funded with a royalty on token gross sales, it doesn’t matter whether or not we’re in a bull market or a bear market. All gross sales of the token improve the treasury which in flip will increase the circulation of passive revenue. This royalty additionally squelches volatility as a result of it discourages short-term buying and selling.
So who decides the place these investments are made? The reply is that each one GNOX holders are capable of vote on which passive revenue alternatives are worthy of funding. Previous to any vote, nonetheless, the Gnox platform backend aggregator collects information on scores of passive revenue offers throughout quite a few platforms and blockchains. That information is then analyzed by a workforce of knowledgeable DeFi buyers who make suggestions based mostly on their data and expertise.
One of the best time to get into this undertaking, in the event you select to take action, could be now. That’s as a result of the undertaking remains to be an ICO. The presale is being carried out in three phases with every stage allotted a portion of the availability of GNOX tokens. Any tokens which might be unsold at every section are burned inflicting the value to rise (similar market cap, decrease provide). Thus, the sooner one adopts the token, the extra their stack will probably be value when the platform launches in mid-August and the passive revenue kicks in.
So now you may have a alternative. You may be by yourself and wager on a number of horses within the Layer 1 steeple chase, or you possibly can work along with a neighborhood of crypto buyers in a undertaking that produces passive revenue in each good instances and dangerous. We’ll wait.
Study extra about Gnox:
Be a part of Presale: https://presale.gnox.io/register
Web site: https://gnox.io
All the time conduct correct analysis when coping with pre-sales of currencies and tokens. The knowledge above doesn’t represent funding recommendation by CryptoMode or its workforce, nor does it mirror the views of the web site or its workers.
CryptoMode produces prime quality content material for cryptocurrency firms. We’ve offered model publicity for dozens of firms to this point, and you’ll be one in every of them. All of our purchasers recognize our price/pricing ratio.
Contact us you probably have any questions: [email protected]
Not one of the info on this web site is funding or monetary recommendation. CryptoMode just isn’t liable for any monetary losses sustained by performing on info offered on this web site by its authors or purchasers. No opinions needs to be taken at face worth, all the time conduct your analysis earlier than making monetary commitments.