With the cryptocurrency market still in a bearish season, major coins like Bitcoin and Ethereum have failed to record any significant price uptrends. Meanwhile, altcoins such as Klatyn (KLAY), Uniswap (UNI), and Quilvius (QVIU) have shown high potential for growth and rewards. Their ultra-functional models and utility will keep many afloat from the effects of the crypto collapse.
Here’s what you should know about these coins.
Klaytn (KLAY) is a public blockchain focusing on the creator economy, gamefi, and the metaverse. Launched by the Kakao Corp in June 2019, Klatyn is an open-source and business-oriented blockchain designed to stimulate the efforts of businesses in creating and customizing their service-oriented blockchains. Klaytn aims to offer superlative performance, interoperability, decentralization, and scalability to all crypto holders seeking to develop their businesses or work in the cryptoverse.
Klatyn (KLAY) shares similarities with the Ethereum (ETH) network, and it uses an advanced version of an Instanbul BFT, which often acts as an alternative for blockchain’s Proof-of-Work (PoW) and Proof-of-Stake (PoS). The platform also utilizes a Practical Byzantine Fault Tolerance (PBFT), allowing crypto users to operate using its integrated blockchain performances.
Klatyn’s native token is KLAY, and its primary objective is to facilitate transactions and other applications within the crypto network (i.e., payments and exchanges that run within the Klaytn ecosystem). As of the time of writing, CoinMarketCap ranks KLAY in 55th position, now selling at $0.236751.
Uniswap (UNI) is a leading decentralized exchange app in the cryptocurrency market today. It is the first DEX with a trading volume of over $800 billion, a figure bigger than the total trading volume of some of the leading centralized exchange platforms.
Uniswap (UNI) entered the limelight in 2020 and became the center of the hype around decentralized finance (DeFi). The platform launched its native cryptocurrency, Uniswap (UNI), in September 2020, and the token’s price boomed. Days later, UNI was already trading among the top 40 cryptocurrencies by market capitalization.
On Uniswap (UNI), the users are the liquidity providers contributing assets to the decentralized liquidity pools. This is essentially how the network drives user loyalty and engagement, as it imbues a lasting sense of ownership for more efficient collaborations. These liquidity providers are entitled to a fraction of the fees their pool generates, thereby creating passive income with every fee.
Since its launch in November 2018, Uniswap (UNI) has undergone three upgrades, with the third version featuring improved capital efficiency, better oracles, and flexible fees. According to CoinGecko, at the time of writing, a UNI sells at $6.18, grown by about 45% in the last seven days.
Quilvius (QVIU) is more than just a meme token; it is a melting pot that connects authors, readers, and investors to capitalize on the incredible possibilities of the cryptocurrency market. It seeks to stimulate persons interested in knowledge, culture, alchemy, arts, and magic to educate themselves and share their passions and thoughts with like-minded individuals.
It is a DeFi network that powers individuals in the Quilivius Trope literary community to enjoy the intersection of literature and blockchain finance.
Every author essentially becomes their publisher in the Quilvius Token model. The platform allows authors to communicate with users, saving a significant amount of money and self-promoting publicity. They will be entitled to commissions on sales of their books.
The Lessors profit by renting out the book rights they possess or selling their works to third parties. The reader or audience derives the greatest overall benefit from the ecosystem. The more popular Quilvius Token grows, the more readers will have the opportunity to rent books and other publications at stable and affordable costs.
Holders, investors, or traders amass earnings by storing tokens in their wallets, taking part in surfing trades, and purchasing books directly from authors using the $QVIU tokens. They receive a commission (reward) for every transaction that takes place on the network as the total quantity of tokens held in the investor’s wallet continues to grow.
The Quilvius (QVIU) ecosystem also features translators who make books and authors available to everybody in just about any language and in any place. The translator gets to make the same profit as the author, but the author will determine the quantum of value they obtain.
QUIV presale date will be released in the coming weeks, so get ready to benefit from the price uptrends in the weeks that follow.
This way, you can make the best of the cryptocurrency markets and stay afloat despite the crypto collapse.