A variety of tokens are created daily and many of these cryptocurrencies are trading for hundreds of dollars or even thousands. The high prices can be discouraging, coupled with the fact these cryptocurrencies suffer a series of downsides. It now becomes essential to find tokens that not only cost less, but also provide value and promise long term effects on your portfolio. Zompot news…
This article takes a critical look at two cryptocurrencies, Zompot Token ($ZPOT) and STEPN (GMT). These tokens have what it takes to take your crypto portfolio to the next level. Keep reading to learn more about them!
STEPN (GMT) is the first move-to-earn mobile NFT game built on the Solana (SOL) blockchain. Jerry Huang and Yawn Rong are two Australians who co-founded the Find Satoshi Lab in 2021 which is now the parent platform of STEPN (GMT). The two came up with the term “move-to-earn,” a play on the phrase “play-to-earn” used by Axie Infinity and other metaverse gaming crypto projects. They were equally concerned with encouraging a healthy lifestyle and carbon neutrality, aggravated by the devastating bushfires that ravaged Australia in 2020.
Two tokens are essential to the STEPN cryptocurrency’s economic structure. The governing token of STEPN and the main medium of exchange for STEPN investors is the Green Metaverse Token (GMT), which has a maximum supply of six billion. The utility token used to distribute in-app rewards is called the Green Satoshi Token (GST). The token is created indefinitely but is destroyed each time a sneaker is made, fixed, or upgraded.
To get the most out of STEPN (GMT), the token holders start by minting their sneaker NFT using the in-app wallet. Note that SOL must be imported into the wallet to make a purchase. Efficiency, comfort, and resilience are just a few of the sneaker features that users can choose from. Through the marketplace, users may also rent sneakers NFT and split the profits with the owner. Once the sneaker is ready, you can begin exercising and receiving GST utility token incentives.
Despite the fact that all assets in the STEPN app are held by individual users and the majority of earnings in the app are created by users, STEPN makes money from a tax that is applied to all in-app purchases and mintings. All things considered, STEPN is a leader in the “move-to-earn” movement.
Zompot Token ($ZPOT)
Zompot Token ($ZPOT) is a newly developed crypto project that is backed by the Metaverse platform. Zompot Token is built on the Binance Smart Chain technology, and it promises to be the haven for crypto traders due to the problems being encountered on the blockchain network. The Zompot Token ($ZPOT) is the project’s most crucial element and the token promises to be the most secure investment choice for business owners who plan to purchase it.
The blockchain network and cryptocurrency in general are faced with a couple of problems that have made transactions difficult and nerve racking. Zompot Token promises to be the solution and game changer. Some of the solutions provided by Zompot Token include:
Any business handling user data and money must be as secure as possible, and Zompot was designed with the best security techniques to safeguard its token holders. The procedures put in place to ensure the confidentiality, integrity, and accessibility of information are all included in the Zompot’s infrastructure. These designs aim to be straightforward, transparent, and secure. Only necessary information will be revealed during and after a transaction.
Another intriguing feature of the Zompot Token that will set it apart from other cryptocurrencies is its privacy. Cryptocurrencies like Bitcoin (BTC) and other coins cannot offer strong privacy assurances since transactions are recorded in a public ledger from which a lot of information can be inferred, even though payments are made between pseudonyms. In order to solve this issue, Zompot delinks transactions from the source of the payment. The privacy offered by Zompot resolves a pressing Blockchain and demonstrates why investors should choose Zompot as their most secure and safe investing option out of all the projects in the crypto market.