Uwerx Presale Continues To Record Success As Lido DAO And Mask Network Decline
The post Uwerx Presale Continues To Record Success As Lido DAO And Mask Network Decline appeared first on Coinpedia Fintech News
As cryptocurrency evolves and thrives, one presale token stands out above the rest. The Uwerx presale is making waves as it continues to record unprecedented success amid declining trends from popular tokens, Conflux (CFX) and Mask Network (MASK).
With so much uncertainty in the market, it is clear that investors are turning to Uwerx for stability. But what exactly sets Uwerx apart, and how is it maintaining its impressive growth? Let’s delve into the details of this groundbreaking presale and find out.
MASK Price Plunge: How Mask Network (MASK) is Taking a Dive in the Crypto World
The price of Mask Network (MASK), a blockchain-based protocol enabling easy access and sharing of online content, has significantly declined. The current price of Mask Network’s token is at $4.28, down by 5.27% in the last 24 hours. Also, as of last month, Mask Network acquired RARA’s team. RARA is a social curation protocol.
Mask Network was launched in July 2019 as an Ethereum-based decentralized application (dApp). Its notable features include decentralized storage and decentralized exchange (DEX) integration.
Its current market cap is $ 342,834,100, with a circulating supply of 80,125,000 MASK tokens. Despite the recent dip in its price, its trading volume has remained relatively stable, indicating strong community support and interest in its services.
Lido DAO (LDO) Faces Price Slump Amidst Market Turbulence
The cryptocurrency market is known for its volatility, and recently, Lido DAO (LDO) has been grappling with a price slump amidst turbulent conditions. It a decentralized autonomous organization focused on staking assets, has seen its token price experience a notable decline.
Lido DAO offers users a platform to stake their assets and earn rewards. However, the current market conditions have impacted the token’s price. The token has a circulating supply of 879,305,826.02 LDO tokens and a market cap of $1,781,282,078.
The crypto coin trades at $2.03, a 2.80% decrease in the last 24 hours. The decline in Lido DAO’s price can be attributed to several factors. For instance, when the cryptocurrency market experiences a downturn or instability, it often decreases the value of many tokens, including Lido DAO.
Uwerx Presale Enters Funding Stage Five
While the cryptocurrency market experiences fluctuations and some prominent tokens face decline, the Uwerx presale remains a beacon of success and promise. The presale, which is currently in the fifth stage, showcases the immense potential of this blockchain-based freelance platform.
Amidst the unprecedented demand, the Uwerx team has made notable adjustments to ensure a fair and balanced distribution of tokens. The token allocations for the founding team have been reduced to 7%, reflecting the team’steam’s commitment to inclusivity and widespread participation.
Similarly, the partnership team’steam’s allocation has also decreased to 3%. These changes highlight the team’s dedication to accommodating the growing number of users participating in the fast-paced presale environment.
The current stage of the presale, known as stage 5, has an allocation of 72.5 million WERX tokens at a price of $0.041 per token. Also, the platform is at 5,546 signups, 1,456 Telegram members, and 1,627 Twitter followers. However, Uwerx’s success goes beyond the presale figures.
To ensure sustainability while building community trust, the team will renounce ownership of the smart contract. This strategic move, which will occur once Uwerx is listed on centralized exchange platforms, ensures transparency and decentralization, aligning with the core principles of blockchain technology.
Transparency and accountability are further reinforced through the team’s announcement of a 25-year liquidity locking period for developers’ tokens. In response to overwhelming community support, with an impressive 82.8% vote in favour, the team will lock their tokens before the presale concludes. While the exact date of this lock-up is yet to be announced, it showcases the team’s commitment to building trust and stability within the Uwerx ecosystem.
The recent confirmation of a Test Airdrop, supported by 98.2% of respondents in a Telegram poll, will enable users to verify their receiving wallet addresses and actively participate in the token distribution process.
To enhance user experience and convenience, Uwerx is introducing the Uwerx Vault, a feature that allows users to store their tokens while earning rewards securely. This innovative addition aims to provide a seamless and rewarding experience for Uwerx token holders, further strengthening their bond with the platform.
In the coming weeks, Uwerx will release additional components of the platform, such as the Sign-in Page, Settings, Log-in Page, User Dashboard, Finding Jobs, and Posting Jobs, among others, allowing users to explore and contribute to the evolving ecosystem.
Also, Uwerx will begin transitioning to the Beta version, where users can test the platform themselves. The Uwerx team is also open to suggestions or recommendations. They have set out a dedicated email, feedback@uwerx.network, where users can send feedback.
Uwerx’s commitment to continuous improvement and collaboration is evident in its adoption of Agile methodology for platform development.
With the Uwerx presale offering a 15% purchase bonus for WERX tokens—which is likely to reduce during the subsequent price increase—the opportunity to join the revolution has never been more enticing. Also, you can enjoy referral bonuses after the subsequent price increase. More details on the referral bonus will be revealed soon. Join the presale now!
