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As more and more new cryptocurrencies emerge every day, investors are always on the lookout for those with potential to bring better profits. A use case of a token can significantly impact its success in the crypto market, thus making the research and understanding key factors of a successful investment strategy. Here’s why Logarithmic Finance (LOG), Axie Infinity (AXS), and VeChain (VET) have loads of the potential to perform well in the long term.
Logarithmic Finance (LOG)
Logarithmic Finance (LOG) is a new crypto that’s aiming to be the best decentralised finance (DeFi) project in the crypto industry. The Logarithmic Finance team is working to ensure that it’s able to offer a next-generation Layer-3 swapping protocol with unique benefits to both investors and innovators.
Logarithmic Finance (LOG) currently seems to have created all it needs to in order to attract innovators to the platform, with the use of Web 3.0 as well as a powerful, user-friendly interface.
According to the Logarithmic Finance (LOG) whitepaper, it’s on a journey to help enhance the liquidity pools feature in the crypto industry. The LOG roadmap also includes multi-chain and cross-chain integration to improve user experience.
It’s true that a lot of token swapping protocols are available in the crypto world right now but a lot of them don’t have the requirements to meet the needs of the majority of projects. Many existing swapping protocols don’t even offer cross-chain services. All of this is a huge issue that needs fixing and that’s exactly what Logarithmic Finance (LOG) is planning to do.
Logarithmic Finance (LOG) has stated that it will not only employ Ethereum’s blockchain network as its main blockchain but will employ the services of all other major blockchains, including Binance Smart Chain (BSC), Avalanche (AVAX), Polygon (MATIC), and Solana (SOL).
Axie Infinity (AXS)
Axie Infinity (AXS) is an exceptional crypto project that entered the world of cryptocurrency during the 2020 lockdown. It was able to offer solutions to those who were seeking new means of making money. Axie Infinity (AXS) is able to help solve money problems by paying its users when they play games on their platform.
Axies are the main creatures in the game, which can be traded or made to battle against each other. These Axies also have the potential of being crossbred with new Axies to create new ones. It’s important to note that these Axies are NFTs. These NFTs are completely different.
Gamers are only allowed to get started by buying an Axie on the platform. Once you own an Axie, you’d be able to officially start making your money on the platform as you play.
Axie Infinity (AXS) is a very popular name in the Asian continent and this is because of their genuine love for game-related activities. According to data, Axie Infinity (AXS), Sandbox (SAND), and Decentraland (MANA) have a combined USD 4.1 billion in sales revenue generated since their existence.
VeChain (VET) is a Layer-1 platform that was created around 2015. Its value spiked recently after it was announced that Alchemy Pays Fiat as well as one other major finance company are planning to integrate it into their network.
Alchemy Pays Fiat is very popular worldwide, because of its impressive ability to integrate fiat and cryptocurrencies for investors and innovators. This latest announcement means the company will now be accepting payments as VeChain (VET) across 60 countries all over the world.
If you are looking for a new investment opportunity, check out Logarithmic Finance (LOG) website to find out whether it could be a potential choice for you!