3 reasons to watch HedgeUp (HDUP) and Gnosis (GNO) in 2023

The times when cryptocurrencies were solely for generating wealth are long gone. Today, cryptocurrency platforms are being built for multitasking purposes. In the beginning most users could only bet or trade a crypto asset, but now building dApps, implementing smart contracts, creating non-fungible tokens (NFTs), play-to-earn games It is possible to participate, earn passive airdrops and rewards. HedgeUp and Gnosis are among the leading coins that offer a wide range of use cases to their users.

HedgeUp: Where blockchain meets alternative investment products

HedgeUp is a blockchain based platform through which crypto users get an opportunity to invest in alternative investment products such as art, aviation, luxury watches, gold and wine. What sets it apart from other similar platforms is that it enables its users to explore options

Investment opportunities through fractional NFT markets. HedgeUp users stand to profit with the platform as its basket of products diversify their portfolios and act as a hedge against asset market volatility.

The HDUP token is the main cryptocurrency on the network and will facilitate various transactional purposes such as staking, marketing activities, liquidity management and passive rewards on the platform.

HDUP tokens will be made available on presale to interested buyers. The total supply of HDUP tokens has been limited to 999,000,00. Out of the total supply, the highest share is allocated to presale (35%), followed by exchange listing (17%), reserve (15%), and

Marketing activities (14%). The remaining supply will be set aside for donations, stakes, prizes, founders and team members and partners.

The HedgeUp platform leverages a decentralized autonomous organization model for its governance structure in which each HDUP token holder receives voting rights to present their views about the platform. They are encouraged to voice their concerns regarding the goals set for the development of the team hdup token, Token holders can expect additional benefits and rewards for their active participation.

To help its users make more informed decisions, HedgeUp’s analysts and experts will conduct online masterclasses on the various benefits of the alternative investment products ecosystem.

Entering the metaverse, the HedgeUp platform has introduced a unique feature called Hedgeverse. Through HedgeVerse, the platform will work closely with Metaverse companies to establish strong communication lines to support their users in trading activities. This platform will bring together both Institutions and Investors through Social-Fi and Boost

business logistics. HedgeVerse aims to directly benefit entrepreneurs operating global markets and mentors by scheduling virtual meetings to help them better understand complex technologies.

If you have been keeping track of what cryptocurrency analysts are saying, you would know that many of them believe that HedgeUp has an edge over other similar platforms due to its high growth potential. HedgeUp bridges a previously unnoticed gap by facilitating access to a space of alternative investment products for crypto users. In addition, users also receive passive income through multiple sources such as NFT collection, staking tokens, and rewards.

Gnosis’ GNO token will be available on Utorg

Gnosis is an Ethereum compatible network that runs validator nodes. The platform is essentially an Ethereum sidechain where contributors from all over the world can run a node. Its native token is GNO and it is used for a wide range of transactional purposes on the platform. The blockchain is EVM based and secured by stakeholders spread across the globe. it provides a

Full-stack toolkit for creating permissionless bridges on the mainnet. In addition to being a 99% carbon-negative network, Gnosis provides its users with DAO tooling to deploy cross-chain governance mechanisms such as voting rights, treasury management and proposals. These systems can be deployed on a network at a fraction of the cost ethereum mainnet, While GNO is the platform’s staking token, its governance token is GnosisDAO. The Governance Token provides voting rights to its holders which helps them to present their views about community proposals and contribute in shaping the future development of Gnosis.

A major USP of the platform is that it enables users to deploy Proof-of-Attendance Protocol (POAP) which are redeemable NFTs. These tokens are used to prove whether someone has attended an event physically or virtually. Each POAP is considered a gift by the issuer to the issuer.

Collector. These redeemable tokens are an on-chain record of experiences, on-chain voting and contributions. According to the Gnosis team, more than 5 million POAPs have been created on the network so far. Recently, Gnosis announced that its GNO token will now be compatible with Utorg, a fiat currency payment gateway for cryptocurrencies. With this move, citizens living in 187 countries can buy GNO tokens with more than 25 fiat currencies. Users need to register and fill a KYC form, which can be submitted in just three minutes. Also, users have the option of paying through 10-plus methods.

Presale Sign Up: https://app.hedgeup.io/sign-up

official website: https://hedgeup.io

Community Links: https://linktr.ee/hedgeupofficial

Disclosure: This content is provided by a third party. Crypto.News does not endorse any of the products mentioned on this page. Users should do their own research before taking any action related to the company.

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