If there’s one keyword that transcends the crypto space, it’s “innovation.” Innovation is at the heart of crypto as technologies like Blockchain, Smart Contracts, NFT, DeFi, DAO, DApps etc are so new that we have yet to scratch the surface of what is possible.
It seems that every day new and powerful ideas emerge from this space. Combine innovation with mass adoption and you have a win-win formula for long-term success.
Cardano (ADA), Gnox token (GNOX), and Chronos (CRO) are three cryptocurrencies that embody the characteristics of innovation and either have or have potential for mass adoption.
Cardano is the first smart blockchain to be founded on peer-reviewed research. According to its website, “Cardano is a blockchain platform for changemakers, innovators and visionaries, with the tools and technologies needed to create potential for many as well as few and drive positive global change.”
One of Cardano’s most significant innovations is Ouroboros, a proof-of-stake protocol that provides security guarantees of proof-of-work at a fraction of the energy usage and transaction cost.
According to the website, “Ouroboros applies cryptography, combinatorics, and mathematical game theory to guarantee the integrity, longevity and performance of the protocol, and the distributed networks that depend on it.”
Some past and future milestones include Cardano opening up its architecture to developers and the upcoming Vasil hard fork that will greatly increase scalability.
Recently, Solana, Avalanche, Polkadot and Polygon have all lagged Cardano in market cap. Only BNB remains between Cardano and Ethereum.
The main innovation of the Gnox platform is its first-to-market “produce farming as a service” business model. Developed to make DeFi earning simple and frictionless for crypto investors, GNOX Tokenomics is specifically designed to generate profits in both bear and bull markets.
A portion of the Gnox investment is deposited in the Treasury. Those funds are deployed by a team of DeFi analysts into yield farming opportunities such as staking, liquidity pools and lending protocols to produce consistent passive income.
From time to time, profits are used to buy back GNOX tokens on the open market. These tokens are then burned, increasing the value of the remaining GNOX tokens. This makes GNOX one of the few deflationary crypto assets.
Gnox also encourages early adoption and long-term holding, while discouraging short-term speculative trading. They do this by charging a 10% “tax” on all GNOX transactions, 1% of which is redistributed to all holders every 60 minutes, 6% going to the Treasury, and the remaining 3% used to run and promote the platform. To give is done.
The Gnox platform is scheduled to launch on July 18. However, investors can engage with its initial coin offering which runs till July 12.
Cronos (CRO) is the native cryptocurrency of the Crypto.com centralized crypto exchange. Coins are used for staking and transaction fees.
Crypto.com was one of the first crypto exchanges to offer financial services such as zero-fee trades, instant deposits, crypto-backed credit and debit cards, high-interest lockup rewards, the ability to send and receive crypto, a range of Large selection of crypto assets from a variety of blockchains, and simplified charting that attracts the Robinhood (stock exchange) crowd.
Crypto.com is laser-focused on providing a clear and simple user experience, something the crypto space desperately needs.
Learn more about Gnox:
Join Presale: https://presale.gnox.io/register