Like every industry powered by technology, cryptocurrency has new projects coming up daily in different niches like RoboApe. One of the sectors with new projects is the meme token sector. Meme tokens are usually regarded as jokes and non-important as they usually do not have a specific real-life application. However, in 2021, the value of meme tokens spiked as more investors gained interest in the meme token space.
Due to this great improvement, many new projects have come up, changing the meme token niche as we all know it. The one unique meme token project that will transform the meme token world is RoboApe (RBA). RoboApe, from its characteristics and plans, is bound to take over cryptocurrency projects like Elrond (EGLD) and Ethereum Classic (ETC). Let’s look at these projects individually and see why RoboApe (RBA) has the potential to be the next best thing in the crypto industry.
Elrond (EGLD) Builds a Blockchain Network
Elrond (EGLD) is a blockchain network that provides utility for users along a spectrum of use cases. It is an internet-scale blockchain platform that is fast, cheap, and efficient, helping the users attain the best results possible. The Elrond (EGLD) blockchain was launched in 2020 and is designed to provide the platform security, decentralisation, and scalability of distributed apps and enterprises. This project works on cross-chain interoperability, achieving maximum operational efficiency, and providing developer support.
Elrond Network is an internet-scale blockchain because it was designed to handle transactional throughput on par with popular internet platforms instead of the relatively low throughput that other blockchain networks have. It is faster and cheaper. The native token of this network is the EGLD. It is the native eGold coin that facilitates the entire network and its function. The utility of the Elrond network is multifold as it is used for governance rights and mechanisms, staking and validation rewards, and as payments for smart contracts and transactions. The EGLD coin is designed to be used with the Elrond Maiar Wallet.
Ethereum Classic (ETC) Deviates From Ethereum
Another mainstream cryptocurrency project that is mainstream and widely known, Ethereum Classic, is a crypto platform that runs smart contracts. Formed in 2016, Ethereum Classic (ETC) came up as a result of a hack of The DAO, which was a smart contract that operated on the Ethereum blockchain. This split the original Ethereum blockchain into two, forming Ethereum and Ethereum Classic (ETC).
This is why Ethereum Classic is similar to Ethereum. Ethereum Classic is a decentralised open-source blockchain-based cryptocurrency platform that provides and runs smart contracts for its users. ETC improves smart contracts by providing its users with the benefit of decentralised governance, meaning the smart contracts can be enforced without a third party getting involved. The native token of this network is ETC. This can be gotten through proof-of-work mining. Users can also use ETC to interact with applications on the network and send to each other.
RoboApe (RBA) Transforms the Concept of Meme Tokens
RoboApe, the futuristic meme token project. RoboApe is a project that realigns the current cryptocurrency mechanisms by excluding team incentives. With plans to change up the cryptocurrency space, RoboApe aims to be a community-driven project that gives its users a wide range of investment options to try out. This deviates from the regular playful form of meme tokens, changing up the utility.
RoboApe is a cryptocurrency platform that offers DeFi, DEX, crypto education for its users, NFTs, eSports, and gaming. The RBA platform provides a community with access to smart contracts, developing dApps, and constant improvement. The native token of the platform is RBA. It is an ERC-20 meme token that gives the investors different benefits like participating in governance and DAO, rewards for holding the token, participating in minting and trading of NFTs, and getting incentives for participating in eSports.
RoboApe stands out from the remaining meme tokens in the cryptocurrency market. Compared to the Ethereum Classic (ETC) and Elrond (EGLD), RoboApe (RBA) is about to become the next big thing, providing users with newer options for investments while having fun.
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