Whenever a new crypto bull market appears to be right around the corner, it can be difficult to figure out which specific assets are going to be the winners. While Polkadot (DOT) and Mask Network (MASK) have struggled to gain further traction in 2023, TMS Network (TMSN) is in the fourth phase of its token presale and has already raised more than $6 million.
TMS Network (TMSN)
There are a large number of problems that exist with the crypto exchanges available today, from high fees to price manipulation, but TMS Network (TMSN) plans to solve all of these issues through the use of blockchain technology. By offering a transparent data structure where trades take place on the blockchain, TMS Network (TMSN) users are able to track all of their trades via the TMS Network (TMSN) matching process to ensure there’s no manipulation going on in the background.
Transparency and security and key selling points for any exchange, but TMS Network (TMSN) also wants to offer a sense of community to TMS Network (TMSN) via a social trading feature, which will allow any user to easily follow the trades of the most successful traders on the TMS Network (TMSN) app. Another key option for new traders on TMS Network (TMSN) will be the educational resources, which will come in the form of webinars, written guides, and more.
Long Term token holders of the TMS Network (TMSN) token earn a portion of the revenue generated by all exchanges across the platform.
Moonbeam, a Polkadot (DOT) parachain that offers an Ethereum-compatible environment, will soon host Uniswap V3. This was announced on May 17, after a proposal to deploy Uniswap on Polkadot (DOT) was approved by the Uniswap DAO with almost unanimous support.
Uniswap V3 was originally built for Ethereum, but has expanded to other networks such as Polkadot (DOT) in recent months. The Polkadot (DOT) version of Uniswap will allow users to access the Polkadot (DOT) ecosystem and its benefits, such as scalability, security, and interoperability.
The smart contracts for Uniswap V3 have already been deployed to Polkadot (DOT) by Blockchain at Michigan. The remaining tasks are to integrate the front-end and add Polkadot (DOT) to the auto router, which will enable users to swap tokens across different Polkadot (DOT) networks. The initial liquidity on the Polkadot (DOT) exchange may be low due to market conditions.
Mask Network (MASK)
DWF Labs has announced a strategic investment and partnership with Mask Network (MASK). The investment involves the purchase of $5 million worth of Mask Network (MASK) tokens and aims to support the ongoing development of the overall Mask Network (MASK) ecosystem.
Mask Network (MASK), a pioneer in the decentralized social network space, has been actively involved in projects like Bluesky, the decentralized social network founded by Twitter co-founder Jack Dorsey, and Mastodon, one of the largest decentralized social networks.
This Mask Network (MASK) collaboration follows DWF Labs’ previous $10 million investment in the TON (The Open Network) ecosystem last November. Mask Network (MASK) is also working with TON, and Mask Network’s (MASK) social protocols and applications are set to integrate with TON and its relevant components in the future.
This partnership with DWF Labs signifies a significant milestone for Mask Network (MASK), as it receives additional support and resources to advance further in its Web3 Mask Network (MASK) journey, joining forces with notable backers such as Arweave, Hard Yaka, Protocol Labs, and more.
Despite these recent positive events for Polkadot (DOT) and Mask Network (MASK), it’s clear that 2023 is the year of TMS Network (TMSN) and its revolutionary derivatives-based DEX, which means the smart money is headed to the ongoing TMS Network (TMSN) token presale.