With every new crypto bull market, there are usually a handful of projects built around a similar use case that is able to kick things off with a bang. In 2023, it seems clear that one of those projects is TMS Network (TMSN), as it’s already raised more than $6 million in its ongoing token presale. As the fourth phase of the token presale continues, it’s likely that the likes of Render Token (RNDR) and Tron (TRX) will be left in the dust.
TMS Network (TMSN)
TMS Network (TMSN) wants to become the premier, go-to platform for anyone who wants to swap between assets via the use of decentralized finance (DeFi). While some other platforms already exist in this niche, the reality is TMS Network (TMSN) offers a range of features that have not been brought to market. Most notably, TMS Network (TMSN) allows users to move out of the crypto realm and trade traditional assets with other TMS Network (TMSN) users.
While there is a lot of hype around blockchain technology, TMS Network (TMSN) is focusing on real, practical use cases for this technology and its use in fair, transparent finance. By operating on Ethereum, TMS Network (TMSN) can offer a level of transparency into the inner workings of their TMS Network (TMSN) trading engine that is simply not possible with the likes of Binance and Coinbase.
Additionally, the partnerships and community initiatives TMS Network (TMSN) has in the pipeline make it difficult to see how TMS Network (TMSN) will fail to achieve its goals.
Render Token (RNDR)
The Render Token (RNDR) Network has recently introduced a new feature that allows users to rent out their idle GPU power and earn Render Token (RNDR) in return. This feature, called Render Token (RNDR) Genesis, aims to create a global network of distributed GPU nodes that can be used for rendering, gaming, artificial intelligence, and other applications.
According to Render Token (RNDR) Network’s website, Render Token (RNDR) Genesis is “the first step towards democratizing access to GPU compute on the blockchain”. Users can join the network by installing the Render Token (RNDR) app on their computers and connecting their GPUs to the platform. The Render Token (RNDR) app will automatically detect the available GPU resources and allocate them to rendering tasks requested by other Render Token (RNDR) users.
Render Token (RNDR) tokens are the native currency of the Render Token (RNDR) Network and can be used to pay for rendering services or exchanged for other cryptocurrencies. The tokens are based on the Ethereum blockchain and follow the ERC-20 standard. The total supply of Render Token (RNDR) tokens is capped at 536 million.
Tron (TRX)
Tron (TRX) achieved a new record of 10.9 million daily Tron (TRX) transactions on Wednesday, surpassing its previous high. This shows that the Tron (TRX) network is growing steadily despite the bearish sentiment in the Tron (TRX) market. The total transactions on Tron (TRX) have reached over 5.7 billion since its launch.
The Tron (TRX) platform has several upcoming upgrades planned for its Tron (TRX) mainnet. One of the key features is the Stake 2.0 unstaking flexibility, which will allow users to withdraw their staked Tron (TRX) tokens at any time. Another feature is the compatibility with the Ethereum Shanghai upgrade, which will enhance the interoperability and scalability of Tron (TRX).
At the end of the day, it’s unclear if Render Roken (RNDR) and Tron (TRX) are built for the long term, as both crypto tokens are a bit redundant when compared to more established coins already on the market. TMS Network (TMSN), however, is building something completely new with their derivatives-based exchange on Ethereum, and their ongoing token presale should not be missed.
Presale: https://presale.tmsnetwork.io
Whitepaper: https://tmsnetwork.io/whitepaper.pdf
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Discord: https://discord.gg/njA95e7au6
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.