The year 2022 was challenging for the cryptocurrency industry. The value and market capitalization of well-known blockchain networks fell as a result of numerous crashes. Because of this, many people were hesitant to buy cryptocurrencies due to their volatility.
Crypto networks started to restructure, making an effort to move past the crashes they had experienced and finding fresh ways to lure users back to their virtual currency. Two networks that did this successfully were Tezos (XTZ) and ApeCoin (APE), by letting their community members have governance over the progress of their community. A recent entrant to the market, Dogetti Coin (DETI), places a strong emphasis on its community by allowing them some influence over the development of the platform. Keep reading as we discuss these profitable ventures.
Tezos (XTZ): Smart Contracts To Rival Ethereum
Tezos (XTZ) is a distinct cryptocurrency platform that uses smart contracts and is very similar to Ethereum (ETH), with the exception of its architecture and mode of operation. Tezos (XTZ) is one of the cryptocurrency industry’s most well-known blockchain networks. This is due to the fact that it is more advanced than Ethereum (ETH) because it changes and advances over time without running the risk of a hard fork, as has happened with Bitcoin (BTC).
The Tezos (XTZ) blockchain touts a small carbon footprint and low energy usage. It also makes use of the DPoS (Delegated Proof-of-Stake) consensus mechanism, which aids in maintaining the protocol’s functionality and security. Tezos (XTZ) is ranked highly in the coin market and is featured on prominent cryptocurrency exchanges, including Binance and Coinbase.
ApeCoin (APE): NFTs And More
ApeCoin (APE) is one of the most prestigious cryptocurrencies available. The APE Ecosystem uses the blockchain network, an ERC-20 governance and utility token, to enable and encourage the growth of a decentralized community at the forefront of web3.
The ApeCoin community is governed by the ApeCoin DAO, a decentralized governance structure that supports the Ecosystem Fund. The platform is one of the few crypto projects that place emphasis on their community.
Through a proposal procedure, the DAO decides how the Ecosystem Fund of the APE Foundation will be used to promote a diverse and self-sustaining ecosystem. An overview of the proposal process is provided in this governance handbook. It is a living document that will change and advance as the DAO community participates in it. The APE Foundation website acts as the DAO hub, providing an interface to inform DAO members about the governance procedure and easy access to the channels in order to streamline the DAO’s operation and maximize its usefulness.
Dogetti (DETI): Exchange, Earn, And Trade NFTs
New meme coins grace the market daily, but only a few stay long enough to yield returns for their investors. Dogetti (DETI) is a new community-based meme coin. Dogetti (DETI) will create a family out of its investors, dubbed the “Dogetti Family”. The goal is to create a strong community that will aid in accelerating the project’s success. The Dogetti team has designed and will enact a 2% reflection protocol, which will result in regular financial rewards for every member of the Dogetti Family.
Along with the DogettiSwap, Dogetti NFTs, and the DogetiDAO, Dogetii (DETI) also has a variety of applications. The DogettiDAO will give you full participation in the decision-making process of the project. Also, long-term profit is guaranteed, unlike other projects that offer short-term gains. Use the code WISEGUY25 for 25% added to all purchases.
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.