NFTs have proven to be valuable assets in the market, and as we find uses for them, the potential for non-fungible assets continue to expand. Ethereum (ETH) and Solana (SOL) have been prominent networks for NFT trading, with billions in all-time trading volume, but there’s an unexpected new player in the market: Bitcoin (BTC). As Bitcoin finds its foot in the NFT market, could there be some opportunity for the average user to take advantage of it?
Read on to also learn about Uwerx and the incredibly underpriced token on presale.
What You Should Know About Bitcoin (BTC)
Bitcoin (BTC) is a first-generation cryptocurrency, and the main reason it existed was for monetary value. It was not until Ethereum that the blockchain landscape developed into a host of networks that also work like computers. Newer blockchains have been able to power decentralized applications and run smart contracts for a while now.
Most crypto enthusiasts have always noted the inability of Bitcoin to do the same as a shortcoming. However, tables have turned since Bitcoin (BTC) launched ordinals. With ordinals, users are able to attach extra data onto satoshis, and this allows a similar process of creating tokens and NFTs. The Bitcoin community is going crazy with this new development, and while some Bitcoins think it’s a development that’s killing the chain, one cannot deny the massive volume it has brought to the chain.
Bitcoin (BTC) has risen to become the second largest network for NFT trading in May, with about $180 million in trading volume. $OXBT BRC-20 NFTs, a new Bitcoin project, is leading the NFT market in trading volume over the past month, even ahead of top Ethereum projects like the Bored Ape Yacht Club.
Uwerx (WERX) Underpriced Token
Uwerx is a new Ethereum-based freelance platform offering its native token on presale at $0.047725, which is quite undervalued for its utility. Uwerx is a new Web3 platform that aims to revolutionize the landscape and help freelancers make more out of what they offer in the global gig economy.
The freelance industry has grown over the years, with demand for global independent workers on the rise. In contrast to 63% of managers who do not utilize independent contractors, more than 80% of managers who do so feel certain they can get the assistance they require, according to Forbes.
Uwerx helps to create a better ecosystem where freelancers can find better opportunities, and clients and businesses worldwide can find the talent they need. Uwerx’s unique selling point is its 1% contract fee compared to 20% for most other freelance sites. Other special features that give it a competitive edge include transparent pricing, smart contract compatibility, personalized matching, and community governance.
WERX, the native token, allows users to perform basic functionalities on the site, like payments. However, users can process transactions with other cryptocurrencies on the platform. You can gain some market advantage when you buy WERX tokens before launch.
This week, Uwerx will be launching the presale of a clickable prototype, featuring both freelancer and client registration functionalities. Next week, Uwerx will reveal the Vault feature, and we’ll also be conducting a survey to establish the date for our test airdrop.
WERX is $0.047725 on Stage 5, and the token is predicted to hit $3 by Q3 of the 2024 Enter the presale now to claim an immediate 15% bonus on your purchase.
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network
