PacMan Frog (PAC) is ready to achieve an immense rise in value like Ethereum (ETH) and Monero (XMR). Pac-Man news…
Crypto has been making a lot of buzz recently and with good reason. The fact that they allow people to go through financial transactions swiftly without having to involve any third party is refreshing. The security and anonymity provided are second to none. But then, not all cryptos are made to be equal, some get to see an immense price rise in a matter of weeks, like the rise seen by Ethereum (ETH) and Monero (XMR) recently. So what of new cryptos like Pac-Man Frog (PAC)? Are they going to take the same path as the two coins mentioned? We will see.
Pac-Man Frog (PAC)
Pac-Man Frog (PAC) is a new crypto that plans to use a decentralised autonomous organisation (DAO) to carry the world of GameFi to new heights. This means they are set to allow gamers to get more money as they play and create their favourite games.
Pac-Man Frog (PAC) is set to have a multichain launchpad as one of its most unique features. The community plans to have access to Initial Game Offerings, Initial NFT Offerings, and Initial Metaverse Offerings. All of these will be aimed at bringing more funds for unique blockchain games. Pac-Man Frog (PAC) will also try to encourage the creation and production of many crypto gaming projects with the incubator.
This incubator will give developers all the expertise they need to begin when it comes to running a blockchain game studio. The crypto is currently in its presale phase and can be found on its presale site or BoostX.
Ethereum (ETH) is a Defi platform operating with smart contracts. When we say smart contracts we mean applications that are programmed without any third-party interference. Smart contracts are unique because they allow developers to build their own dApp on the Ethereum blockchain (in this case) and they will run as programmed.
Ethereum (ETH) still functions as a digital currency that can be used to pay for goods or just traded like other cryptos. Ethereum (ETH) price has seen a massive rise since it was released back in 2015.
To date, Ethereum (ETH) gets the credit as the inventor of the smart contract concept. These smart contracts were made with the intention of reducing all intermediation costs between creators and Innovators, thus bringing better security and, in theory, lower transaction fees.
Ethereums (ETH) blockchain has the ability to carry other crypto tokens, especially those that are ERC-20 compatible. This ERC-20 has been the most used application on Ethereum (ETH), partially due to NFTs. Over 260,000 ERC-20 compliant coins have been built in recent times.
Monero (XMR) was launched back in 2014 with a very direct aim of making transactions anonymous and private. There’s a casual belief that Bitcoin (BTC) can hide someone’s identity, but typically, blockchains are very transparent meaning payment can still be tracked to its source. Monero (XMR) is built to counter this, and hide the recipient as well as the sender’s identity using advanced encryption.
A lot of things help make Monero (XMR) stand out as one of the best. Monero’s (XMR) greatest achievement is to attain the peak level of decentralisation, meaning their users don’t have to rely on anything or anyone else on their network.
Monero (XMR) is quite unlike Bitcoin (BTC), which has its own unique serial number for every coin that goes in circulation. For Monero (XMR), all its transactions have a unique, use-only-once stealth address. This is what ensures strict privacy for the crypto.