With each new crypto bull market cycle, it becomes difficult to figure out which coins are going to stand the test of time and which ones were simply caught up in the previous cycle’s mania around the top of the bubble. With the struggles facing Aptos (APT) and Cronos (CRO), it’s clear they may not be blue chip options for this cycle. On the other hand, TMS Network (TMSN) has seen a 2240% price increase during its ongoing second phase of its token presale.
TMS Network (TMSN)
While both Aptos (APT) and Cronos (CRO) opted for building out their own base-layer crypto networks, TMS Network (TMSN) has built its decentralized exchange (DEX) offering on top of Ethereum (ETH). This is to ensure the stability of the TMS Network (TMSN) platform and bring in new users via the network effects on its base ecosystem.
Additionally, while some networks experience scalability issues, TMS Network (TMSN) has been built in a highly scalable manner. This ensures that TMS Network (TMSN) will be able to accommodate large volumes of trades and handle the high levels of growth that are expected to occur over time.
By combining the core tenets of security and user experience, TMS Network (TMSN) is hopeful they’ll be able to create a new standard of crypto exchange that is able to offer the non-custodial nature of a DEX with the ease of use found with centralized exchanges. TMS Network (TMSN) will also be adding a number of features for improving engagement numbers as compared to other DEXs through the use of trading bot offerings, social trading, and portfolio management.
Aptos (APT) is a layer-1 blockchain project that aims to provide a safe, scalable and upgradeable web3 infrastructure for decentralized applications (DApps). It was launched by a team of former Meta employees who worked on the Diem blockchain, which was abandoned by Meta in 2022.
Aptos (APT) has raised $350 million in two funding rounds led by prominent venture capital firms such as Andreessen Horowitz, FTX Ventures and Tiger Global. It has also attracted over 30 DApps to its ecosystem, including DEXs, lending protocols, liquid staking platforms, NFT marketplaces and oracles. Some of the notable DApps on Aptos (APT) are Pontem Network, Laminar Markets, Hanson, Topaz, Petra Wallet and Switchboard.
Aptos (APT) aims to bring mainstream adoption to web3 and empower users with more control, transparency and choice. It claims to offer a user-friendly experience with flexible key management and hybrid custodial options. Aptos (APT) also supports frequent and instant upgrades through its modular architecture.
Aptos (APT) is yet another example of a highly-centralized blockchain project where the long-term value proposition could be a bit unclear due to the potential for a regulatory crackdown, especially in the United States. That said, some backers have put faith in this project simply because of the team behind it.
Cronos (CRO) has been making headlines recently for several reasons. First, it announced a major rebranding effort to highlight its focus on decentralized finance (DeFi) and Web3 infrastructure, as well as its integration with Crypto.com’s exchange, app, and payment services. Second, Cronos (CRO) secured several high-profile sponsorship deals with sports leagues and teams, such as the NBA’s Los Angeles Lakers and the Australian Football League.
Cronos (CRO) aims to become a leading DeFi hub that connects various blockchain ecosystems and enables cross-chain interoperability and liquidity. However, Cronos (CRO) faces some challenges and competition from other DeFi platforms and projects, such as Uwerx, a new gaming-focused blockchain that claims to offer superior features and performance than Cronos (CRO) and Chainlink.
With Cronos’s (CRO) close ties to Crypto.com, it could be ripe for targeting by various regulatory agencies from around the world. However, TMS Network (TMSN) is a much stronger option if you’re looking for exposure to a much more decentralized exchange offering.
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.