Place/Date: – July 14th, 2022 at 12:25 pm UTC · 4 min read
Source: Gnox
Typically, the greater the risk the higher the returns investors hope to see from an asset. The hope is that if one invests in a high-risk asset while the platform is still young and it ends up seeing mass adoption then a small investment could bring financial independence.
Here are three altcoins that have the potential to make investors financially independent. Two of them can be considered high risk with a potentially high return and one has great potential for mass adoption.
Loopring (LRC)
Loopring is a hybrid decentralized/centralized crypto exchange. This project combines centralized order matching with decentralized settlement to take advantage of the best of both worlds. By combining orders and settling trades on-chain, Loopring greatly increases the efficiency of order execution.
Loopring is currently down more than 90% from its all-time high last autumn. If the coin can break through those previous highs in the coming years, investors could see a 10X return on their investment.
Loopring (LRC) is a high-risk crypto asset with a potentially high reward. However, the platform is aimed at crypto traders, not investors, and thus has little hope of mass adoption.
The Graph (GRT)
The Graph is what’s known as an “indexing protocol.” It’s used for pulling data from other networks such as Ethereum and IPFS in order to feed DeFi platforms and Web3 platforms. Thousands of developers have integrated The Graph into their platforms including Uniswap, Synthetix, Aragon, AAVE, Gnosis, Balancer, Livepeer, DAOstack, Decentraland, and many others.
Average folks don’t use the platform. It’s more of a tool to incorporate into other platforms. So if The Graph is to see mass adoption, it will come not directly but indirectly through inclusion in Web3 platforms such as Decentraland that attract mass adoption. Usage of the Graph has been growing at an astounding 50% MoM.
Like Loopring, The Graph is considered a higher-risk investment with the potential for high gains. Also, like Loopring, The Graph is down more than 90% from its all-time highs and could easily pull a 10X in the coming years if the platforms that incorporate the tool can attract mainstream adoption.
Gnox Token (GNOX)
Gnox Token (GNOX) is a bit different than the previous two tokens. The tokenomics of the Gnox platform are designed to assure that the value of the token is always on the rise. Moreover, all crypto investors have to do to invest in a diverse array of crypto assets and passive income opportunities are to buy and hold the GNOX token. That’s it. If the Gnox team’s strategies are successful at earning hodlers money, then the simplicity of the strategy could encourage mass adoption of the DeFi token.
So how does a crypto token assure that the value is always growing? Gnox uses an innovative royalty system that’s similar to what we see with NFT collections. 10% of every GNOX token sale goes back to the GNOX treasury. It doesn’t matter if we’re in a bull market or a bear market – the inflow into the treasury is constantly growing and thus the passive income from the investments is also growing. A beneficial side effect is that this encourages long-term holding and discourages short-term trading.
Gnox has also developed an innovative approach to its ICO that assures that the earlier one invests in the project, the higher their returns once the platform launches in mid-August. The earliest investors have already seen greater than 60% returns.
You can learn more about the pre-sale incentives and Gnox’s strategy for creating a low-risk, high-return token that makes crypto investing as simple as it can possibly be.
Find out more about Gnox here: Website, Presale, Telegram, Discord, Twitter, Instagram.
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