It can be quite difficult to find cryptocurrencies that are worth purchasing in the current financial market as the number of cryptocurrencies and digital assets keeps increasing every day. HachiFi (HACHI), Ethereum (ETH), and Cardano (ADA) are three great options to purchase and this article contains information on why you should purchase them.
HachiFi (HACHI)—Changing Decentralized Finance (DeFi) As We Know It
Coined from the Japanese word Hachi, which means ‘eight’ and decentralized finance (DeFi), HachiFi (HACHI) is a new decentralized, next-generation cryptocurrency that was created to help users of cryptocurrencies and blockchain technology to unlock the benefits associated with the world of decentralized finance (DeFi) for the general aim of redesigning the way the world’s current financial market is structured.
The HachiFi (HACHI) platform features multiple special properties including but not limited to its very own native utility token called HACHI, a non-fungible token (NFT) platform, a toke swap platform, a wallet, a decentralized autonomous organization (DAO), and a staking and rewarding system. The HACHI token, which is a BEP-20 token built on the Binance Smart Chain (BSC), is a utility token that is utilized for a variety of use cases from serving as a means of payment of transactions, gas, and exchange fees on the HachiFi (HACHI) ecosystem to allowing users of the platform to breed non-fungible token (NFT) creatures on the HachiFi (HACHI) NFT platform.
The HachiFi (HACHI) NFT platform will consist of a collection of 2,000 farmyard-bred NFT creatures, each with unique features. These NFT creatures will be bred using the HachiFi NFT farming/breeding mechanism which is a combination of the concepts of Yield farming and non-fungible tokens (NFTs).
Powering the HachiFi (HACHI) ecosystem, the HACHI token will be deflationary with a total maximum supply of 1 billion tokens of which 500 million will be allocated to the platform’s liquidity pool to be utilized by the platform’s users and liquidity providers (LPs). According to the tokenomics contained in the HachiFi (HACHI) whitepaper, 10 million of the total maximum supply of HACHI tokens will be offered up for sale as Initial Exchange Offerings (IEOs) during the token’s presale phase. These tokens will only be sold to whitelisted individuals and this will be done before the official launch of the HACHI token.
Ethereum (ETH) Growing the Crypto Market
Known as one of the pioneer cryptocurrencies on the crypto market today, Ethereum (ETH) was founded in 2013 by a young Russian-Canadian programmer Vitalik Buterin. The Ethereum (ETH) platform is a blockchain network that is secured by the Proof-of-Stake (PoS) consensus mechanism. The platform was created to provide the world’s financial market with true decentralization since it allows the development of decentralized applications (dApps) and the execution of smart contracts on its network.
The introduction of the Ethereum (ETH) network into the crypto industry has helped to eliminate the need for third-party or centralized institutions and promoted the development of decentralized finance (DeFi).
Ether, commonly referred to as ETH, is the utility token that powers this blockchain network. The ETH token is used as a means of paying fees on the Ethereum (ETH) network.
Cardano (ADA) Dominates the Crypto Market
Powered by its native token known as ADA, Cardano (ADA) is an open-source decentralized blockchain network that runs on the Proof-of-Stake (PoS) consensus mechanism. By utilizing this consensus mechanism to secure its network, the Cardano (ADA) blockchain offers crypto users and enthusiasts that use its network appealing and enticing optimizations that are based on properly-conducted scientific research. The network also provides its users with a special feature known as formal verification which is a process by which transaction codes are verified mathematically.
ADA, Cardano’s native token, has a total maximum supply of 450 billion coins and a current circulating supply of 39 billion coins.
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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any services. This is not trading or investment advice.