The crypto markets are highly volatile. However, that volatility also creates excellent opportunities for people to make profits. A good example of this is Bitcoin. Since its introduction, its value has grown thousands of times. Those lucky to invest in the early days of BTC are most likely millionaires today.
While the crypto market has matured a great deal, and the opportunities to mint millions have dwindled, it is still possible to strike it rich. One of the first things you need to check when investing in a crypto project is its value proposition. A good crypto project must have solid use cases in the real world. In the past, many crypto projects have failed due to a lack of real-world use cases. Below are good examples of viable projects that will last long term.
SmarterWorx (ARTX)
SmarterWorx is an innovative project that aims to merge the art world with crypto. The project settled on the art world for its enduring nature. Since the advent of modern civilization, art has always been considered a worthy investment.
In the modern financial system, art features prominently in the wealth portfolios of global billionaires. Since 2000, art as an investment has proven its worth. Every year since, it has outperformed the S&P 500 Index. It has also performed many times better than real estate, which has recently experienced major upheavals.
Today, many wealth managers believe art should be part of an overall wealth strategy. In H1 2022, the sale of fine art at auction rose to $7.9 billion, up from $3.27 billion in 2020. Today, many young art collectors show a keen interest in NFTs, while many others support the idea of fractional investment in art.
SmarterWorx is thus a project built to respond to huge market demand for the merger of blockchains and art. As the recent NFT boom has shown, many people, especially the young, are interested in art investments outside the traditional means.
With a high demand for crypto-based art, SmartWorx created the ARTX token, whose value is stabilized using a considerable art collection. The art collection comprises contemporary art pieces linked one on one to NFTs. With a vast array of carefully curated art backing it, ARTX will be a stable, long-term investment whose value rises with time.
Another strategy SmartWorx will use to maintain value is investing in the community. The developers understand the huge role a supportive and motivated community can play in promoting the value of a crypto project. Consequently, holders of ARTX tokens will receive staking rewards and distribution of royalty fees from NFT sales. Since every NFT is nestled in the blockchain, tracking these fees will be automatic, secure, and verifiable.
Aptos (APT)
Aptos is designed as a layer-1 blockchain created by Aptos Lab. It supports smart contracts and uses the Move smart contract language. What makes it stand out is that the team behind the Facebook Diem crypto project developed it. While Diem was unsuccessful, the team still gained a lot of experience while working on it.
Aptos uses the proof of stake consensus mechanism. Combined with the Move programming language, it is extremely flexible and safe. Developers using Aptos have more control over data management and execution.
Lido Staked ETH (stETH)
Another promising project is Lido Staked ETH (stETH). Staked ether (stETH) was launched in 2020 in anticipation of Ethereum 2.0 with its proof of stake mechanism. Its goal is to function as a liquidity token where holders can deposit ETH in a smart contract in the Lido blockchain and receive stETH 1:1 in exchange.
Holders of stETH tokens can earn ETH 2.0 staking rewards while benefiting from yield farming across DApp financial products and much more. The stETH token allows holders to earn staking rewards for each day they hold the tokens. These tokens are liquid, which means they can be used to sell, trade, or invest.
Summary
Every crypto project above makes for a great investment. However, the SmarterWorx (ARTX) project stands out in that it is still in its formative stages. Consequently, there is an opportunity to make huge profits by investing during the presale phase.
For More Information:
Join Presale: https://smarterworx.io/buy/
Website: https://smarterworx.io/
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Photo by Shubham Dhage on Unsplash
