Can RoboApe (RBA) Reach The Lofty Heights Of Other Ethereum-Based Tokens: Chainlink (LINK) And Decentraland (MANA)?

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The cryptocurrency industry undoubtedly matured in 2021. The industry witnessed massive crypto adoption as developers launched new coins and exchanges, and more investors entered the cryptocurrency market. RoboApe news..

While Bitcoin (BTC) remained the market’s focal point with its ATH in November 2021, major altcoins also recorded substantial gains. Unsurprisingly, several Ethereum-based altcoins such as Chainlink (LINK) and Decentraland (MANA) were front and centre of the crypto revolution. 

Despite the 2022 cryptocurrency market crash, LINK and MANA continue to yield revenues for investors due to their use cases. But, they are not alone, as newer Ethereum-based projects like RoboApe (RBA) are raising eyebrows due to their vast potential.

Will RBA reach the heights of LINK and MANA? Let’s see why analysts and investors are paying attention.

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Chainlink (LINK)

Chainlink is a decentralised, open-source, and proof of work (PoW) oracle network. Created in 2017 by Sergey Nazarov, Chainlink aims to improve smart contracts by integrating real-world data into online systems. 

Chainlink leverages blockchain technology to enable secure computations on-chain and off-chain, supporting what it refers to as hybrid smart contracts. This means that enterprises on Chainlink can access major blockchain networks, including Ethereum, Terra, and Solana.

Since the network is a PoW protocol, Chainlink uses its native token, LINK, to incentivise network operators and collateralise the smart contract agreements on the network.

Decentraland

The diversity of platforms running on Ethereum’s ecosystem makes it such a great network. One of the ecosystem’s best-performing tokens is MANA, the native currency of the virtual reality platform, Decentraland.

Created by Ariel Meilich and Esteban Ordino, Decentraland is a community-based platform that allows users to develop, own, and trade digital lands, artworks, and NFTs.

Aside from Decentraland’s ERC-20 Token, MANA, the platform has another token, LAND, which is a non-fungible token (NFT). LAND can be used to buy digital real estate, while MANA owners can buy wearables, avatars, names, etc.

MANA was among the best-performing assets in 2021, with a value increase of over 2000%. Furthermore, the renewed interest in NFTs and metaverse-related projects suggests that the growth will continue.

In addition, Decentraland allows members to participate in the Decentralised Autonomous Organisation (DAO). As a DAO, Decentraland community members have the power to participate in project governance.

RoboApe (RBA) 

RoboApe (RBA) is a new cryptocurrency and meme coin on the Ethereum ecosystem. Although in its presale stage,  the cryptocurrency is already on the path to becoming one of the many Ethereum-based altcoins that experienced exponential growth in their first year.

The platform features an NFT marketplace where users can trade NFTs. Users can create and sell RoboApe trading cards featuring pictures and GIF memes. However, the platform charges an RBA gas fee to mint new NFT tokens. Once created, the new NFT will appear in the creator’s wallet.

RoboApe also aims to address the current lack of player incentives in eSports. The platform plans to leverage its unique transparency system to level the playing field.

In addition, the RBA project is a DAO. Token holders can participate in community governance, which means that all updates and proposed upgrades will go through them.

Furthermore, RoboApe (RBA) developers have also stated that they will reward users who hold the token for an extended period. This will inspire loyalty amongst devoted investors.

Finally, the platform features the RoboApe Academy, a free educational resource designed to make blockchain education fun and easy for its users.

Conclusion

These cryptocurrencies represent the Ethereum network’s best features and functionalities: smart contract, decentralised finance, and metaverse capabilities.

Chainlink is already integral to Ethereum, with expansions to other chains imminent. Also, the growing interest in the metaverse will benefit Decentraland’s token value. Based on their use cases, we anticipate a large return on investment for these altcoins in the immediate future.

Elsewhere, RoboApe (RBA) manoeuvres its way around a saturated cryptocurrency market by offering various services. With the recent market crash, why not consider investing in a newly released coin? 

But, remember that cryptocurrency prices can swing, so seek financial advice and invest wisely.

For more information on the RoboApe (RBA) project, visit:

Presale: https://ape.roboape.io/register

Website: http://roboape.io/

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