Becoming a dominant force in the world of cryptocurrency takes time and impressive offerings. Crypto giants like Ethereum (ETH) and Binance Coin (BNB) have achieved this status already; it’s the new coins like Supontis (PON) or Arweave (AR) that are looking to attain this status.
Let’s see how they are planning to do this.
Supontis (PON)
Supontis (PON) is a fantastic new cryptocurrency about entering the market. This crypto has been developed by a team of developers who aim to create a unique bridge between different blockchains when transferring assets.
It does this by using its mechanism to lock an asset in the initial chain when an asset transfer is initiated. This creates a similar value for the wrapped asset in the blockchains end location. While this transfer is on, assets are not moved at all; the mechanism uses its smart contract to carry out the transfer request in a two-step process before allowing access to the assets.
Supontis (PON) is a crypto that refuses to use any centralized structure. It aims to implement a DAO system of governance where users are given the ability to make decisions and vote on decisions as they please. This ultimately means there will be votes on any impending update or upgrade to ensure users agree.
Access to become a voter on the platform will come as soon as a user purchases and holds Supontis (PON) in their wallet. This gives the ability to vote on proposals brought to the DAO and makes it possible for users with vast Supontis (PON) to raise their own proposals for others to vote.
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According to Supontis (PON) developers, the idea is to build an ecosystem for users to feel like their opinion matters, and it does. Any user can decide to contribute to the platform’s future.
Supontis (PON) has its users in mind as it strives to become a dominant force in the crypto world. This is a very important trait for any coin with such a plan. You’re advised to purchase some of this coin to key into its impending growth.
Arweave (AR)
Arweave (AR) is a fantastic crypto that’s looking to dominate the cryptoverse with its genuine ability to offer ease of access between different blockchains.
Ultimately, Arweave (AR) aims to help the world better manage its archived data. Following a case of data tampering in the United States, back in 2020, when some personnel accessed an archived image, Arweave (AR) emerged to help curb this.
Arweave (AR) developers have confirmed their willingness to partner with various cryptos to ensure data is stored securely across blockchains.
Investors everywhere think this coin will witness a great value rise sooner than later. Consistency is needed to attain the same status as Binance Coin (BNB).
Binance Coin (BNB)
Binance Coin (BNB) is a very popular coin known to serve the biggest crypto exchange in the world. The most common use of this coin is to offer payments on the Binance exchange platform.
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Just recently, Binance agreed with an Abu Dhabi agency. With this agreement, it’s going to skyrocket in value due to the rise in adoption in the region.
It’s impressive to see that even though Binance Coin (BNB) has attained a very high status in the crypto world, it’s still looking to improve at all times.