The crypto market has been very fruitful in the past few years. This growth era of the crypto market was accompanied by the advancement of real-life utilities of cryptocurrencies. Some of the hit projects that made it to the top 100s on CoinMarketCap were Polygon (MATIC), Cardano (ADA), Holo (HOT), Waves (WAVES), Dogecoin (DOGE), and Mina (MINA).
However, it is a universal fact that a financial market can’t always be fruitful. It faces bumps and crashes as well. The recent crypto crash is one of the biggest in the market’s history. Cryptocurrencies are going through historically notable percentage declines. Ethereum (ETH) only declined roughly 50% in the crash of 2018 but has seen a downfall of more than 62% this time.
Conversely, the cryptocurrency developers are not sitting back and trying to introduce big comeback projects. A new token that is about to launch is Adirize DAO (ADI). Let’s see what it offers which can make it to the market among the popular cryptocurrencies mentioned above. But first, let’s have a look at the two highlighted ones to see what made them stand out.
Holo (HOT)
Holo (HOT) is a decentralized peer-to-peer distributed platform through which agent-centric contracts and agreement methods are processed between users. It also hosts DApps built using Holochain (a framework that does not require blockchain technology).
This platform intends to produce a decentralized spare internet besides a distributed internet not tied to the current web hosting model. Even though it sounds like the Ethereum project, $HOT gives it extra flavor by creating a distributed digital network that will work faster than blockchain technology.
Each device connected to the platform can function independently because no true global consensus is maintained. Instead, every agent has a private fork in the public blockchain; this fork is managed and stored in a limited way with a distributed hash table.
Mina (MINA)
Mina (MINA) is an innovative protocol termed a minimal “succinct blockchain.” The main aim of this platform is lt to trim computational requirements to run DApps more effectively. It is also described as the world’s lightest blockchain as its size is created to remain constant despite more usage. It also remains balanced in terms of decentralization and security.
The protocol also offers advanced cryptographic solutions for the efficient distribution of the payment system, entertaining users with additional opportunities. The protocol is similar to Bitcoin and handles transactions differently as Mina (MINA) applies the accounting system used in Ethereum.
The platform counts on a prover to confirm that all blocks commit to the state. It implies a PoS mechanism specially designed for straightforward decentralized networks.
Adirize DAO (ADI)
Adirize DAO (ADI) is a reserve and stable cryptocurrency of the Adirize DAO ecosystem. This currency’s main objective is to wean off the crypto market from dependence on the USD. It intends to change the status of the USD from an asset pegged to a stablecoin and convert it to a more reserved asset not prone to depreciation.
Adirize DAO (ADI) supports the distribution and value of $ADI tokens with a protocol-owned reserve of cryptocurrency assets instead of borrowing liquidity $ADI has its own.
The developers of this platform are introducing new qualities like monetary policy tools and DeFi protocols to improve the quality of the project. Let us have a look at some of them,
- Free Floating
The price of $ADI is allowed primarily to “float” despite the platform operating on an open market. Simply put, the free market decides the price of $ADI rather than USD. As a result, its value has been volatile, as it is exposed to supply and demand impulses, just like any non-pegged asset.
- Monetary Policy tools
This platform has two primary elements of the monetary policy toolkit: bonding and staking. The former helps earn value in the ecosystem. At the same time, staking is a necessary tool that maintains the value of tokens in the open market.
- Adirize Liquidity
Mostly, decentralized platforms operate on the liquidity provided by their users, which is awful for protecting the platform’s long-term value from the ups and downs in the market. The $ADI eliminates the liquidity migration problem by owning its liquidity.
The recent crypto crash has crushed the expected progress graph for market growth, and people are continuously backing off the market. The market needs to look up to cryptocurrency developers if they can bring in a novel project with attractive features. Adirize DAO (ADI) can be that moment saver, with the thrilling claim of eliminating USD dependency, which probably has never been done before. It will be a one-of-its-kind stablecoin whose price will be freely floating in the open market depending upon market fluctuations and demand and supply. Moreover, it doesn’t rely on other liquidity providers or users for its liquidity. It will own its liquidity by itself, which is another unique aspect of this coin to stay longer.
Adirize DAO (ADI)
Presale: http://join.adirize.com/
Website: http://adirize.com/
Telegram: https://t.me/AdirizeDAO_Official
