Microsoft’s recently announced that it would integrate a crypto wallet into its Edge browser – this is huge news for the crypto industry as Microsoft is a big name. It’s exactly this kind of support that can help new innovations become normalized. Many tokens, such as TMS Network (TMSN), have seen explosive gains in light of the news, with $TMSN growing by 2240%!
This has led to success in crypto being completely redefined, and unfortunately, this has tripped up the likes of Avalanche (AVAX) and Polygon (MATIC). Will they be able to compete alongside huge names such as Microsoft, or will other tokens such as TMS Network make the struggle of Avalanche and Polygon even tougher? Read on to find out!
TMS Network (TMSN)
TMS Network is a trading platform that supports both derivatives (such as CFDs and FX) with crypto, and this is exactly the direction that conglomerates such as Microsoft are heading. While there are features on TMS Network (TMSN) that Microsoft will not support, such as its decentralized governance system, its interoperable and hybrid infrastructure will likely grab the company’s attention.
Microsoft presents enormous competition for cryptos that exclusively offer tokens, as it has great potential to dominate the wallet and token market in the future. However, TMS Network (TMSN) has ensured that it stands out as an exception, packing an enormous range of accessible and forward-thinking features into its platform. The real proof is in the valuation, though – TMS Network has been exploding recently, despite this Microsoft mess!
Avalanche (AVAX)
Avalanche is a famous cryptocurrency network due to its smart contract technology. This helped facilitate the highly interoperable network that is Avalanche (AVAX) in 2023, which means that it is easy for a range of tokens to pass through the Avalanche network without needing it as a middleman exchange platform. As a result, Avalanche ecosystem consists not only of crypto but also NFTs and stablecoins.
The fact that Microsoft is releasing its own crypto wallet shows that the big players are beginning to take over the industry, and Avalanche is not protected. While Avalanche recently formed a partnership with Chainlink, this will not be enough to compete with TMS Network, let alone Microsoft!
Polygon (MATIC)
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Polygon is a crypto network that aims to make the process of developing decentralized apps more accessible. While dApp development services are nothing new, Polygon (MATIC) has taken the unique approach to focus on the lighter side of crypto, leveraging its Polygon network to help develop crypto-gaming platforms, NFT projects, and other Web3 experiences.
While this certainly gives Polygon a cutting-edge over DeFi-focussed dApp development services, it doesn’t change the fact that Microsoft is on its way to dominating this market. Known for its software development, it’s only a matter of time until Microsoft releases accessible dApp development kits. When it does, it’s likely to blow underdogs such as Polygon out of the water.
Final Thoughts
In conclusion, the adoption of crypto by Microsoft is a monolithic event in the crypto world, and if the company’s wallet takes off, it could seriously disrupt the market. This does not look good for Avalanche (AVAX) and Polygon (MATIC), both of which focus on offering dApp infrastructure and development, areas that Microsoft will not be happy about having competition in.
Thankfully, TMS Network (TMSN) has not been affected by the announcement thanks to the traditional investment capabilities of the TMS Network platform, something that will seem familiar yet innovative in the eyes of Microsoft. So, it’s certainly a token to get involved with this year, but you’ll have to be quick – the second presale stage is set to end any day now, and with 2240% profits already, it’s only a matter of time until the token explodes!
Presale: https://presale.tmsnetwork.io
Whitepaper: https://tmsnetwork.io/whitepaper.pdf
Website: https://tmsnetwork.io
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Telegram: https://t.me/tmsnetworkio
Discord: https://discord.gg/njA95e7au6
