GuildFi and LUMERIN tokens are trending – Defi market wrap
GuildFi is a successful Web3 platform that creates interoperability across the metaverse. It empowers all gaming communities. The platform has its own native token GF, and it started the ICO on December 1, 2021. The sale will end on December 4, 2021. The token is an ERC20, and it is currently super-hot. The company accepts ETH, DAI, and USDC in exchange for its coins.
GuildFi aims to create an interconnected ecosystem of NFTs, games, and communities. It wants to maximize players’ benefits, as well as enable interoperability across the metaverse.
The team is working to solve the discovery and access problems for gamers. In addition, its goal is to enhance users’ performance and maximize their rewards. Unlike many other platforms, GuildFi doesn’t discard players’ engagement and achievement as less important. Instead, the company contributes towards their ranks and elevates their benefits in the long run.
The team believes that it can take the gaming experience to another level with blockchain and NFTs. It sees a future where blockchain games are a norm, with the metaverse becoming as interoperable as the real world.
While various platforms have already unveiled a number of Web3 games, players and enthusiasts cannot easily navigate and dabble in them. Users face high start-up costs for joining new play-to-earn games. At the same time, scholarship funds are fragmented. Moreover, cryptocurrency in gaming often creates additional complexity for gamers, as it requires a base knowledge to jumpstart this specific journey. All of these hamper players’ earning potential and defies the maximal possibilities of the metaverse.
How will GuildFi solve these problems?
Gaming guilds have already proven that they are an effective onboarding vehicle for the new gaming era. Thus, the team foresees multiple forms of gaming guilds catering to different types of players, from social to play-to-earn guilds, many more gaming projects, and a more comprehensive range of NFT assets across the metaverse in the coming days. Considering this, it decided to connect the intricate jigsaws of gaming communities and the GuildFi metaverse.
This company is taking guilds to the next level. It serves as an infrastructure to onboard and connect them, games, players, and investors. Furthermore, it aims to build an interconnected ecosystem where users’ time and efforts are interoperable across the metaverse.
A strong, successful project most often relies heavily on its investors and backers. Thus, the team sought out its own supporters. Its investors and community members bring with them solid, multifaceted experience in Defi, gaming, exchanges, community, and other fields. That provides the perfect combination for the foundation of this platform. Its team strives to build an interconnected Web3 ecosystem of games, NFTs, and communities.
STEMX token is still high-ranked, and its ICO is live
STEM began its initial coin offering sale on October 1, 2021. The STEMX token is trending, and while it’s trading for 0.0285 USD per token right now, its price will increase over time. The company plans to end the ICO on December 31, 2021. The total supply of STEMX is 15 000 000, but the only specific amount is available for purchase at the first stage. The platform accepts ETH, BTC, WAVES, TRX, USD, and USDT in exchange for STEMX.
As a sports team exchange, STEM offers the space where each sports club can interact. Furthermore, each club has its own token. The platform will define the cost of each coin with clear indicators such as statistics of team performance, the cost of team players, rating, etc. Based on these data, the team shapes criteria for token emission and cost. The better the team plays, the higher its indicators and, as a result, the more expensive its coins are. However, if the team makes statistics worse, its tokens will get cheaper, as well.
Users will be able to predict changes in token prices by analyzing and predicting the results of the game for future matches. Thus, they will make money on the surge and fall of token prices. Such a mechanism provides more confidence for sports fans and simultaneously helps them to avoid some risk of losing all the money if the team loses the game.
While the token cost might decrease if the indicators are getting worse, it will occur a bit later, and the token might return to the original price soon or even exceed it. Besides, by buying and keeping tokens, fans can show loyalty to their favorite sports club and, in the process, follow all the sports events.
What about Lumerin Protocol and its token?
Lumerin is a relatively new peer-to-peer protocol solution that became popular pretty soon. It enables data stream routing by using smart contract rules. The company launched its native utility token LUMERIN on December 1, 2021. The sale will end on December 8, 2021. This ERC20 token is trading for 0.45 USD during the initial coin offering. The team aims to raise 90,000,000 with the sale, and it accepts ETH, USDT, DAI, USDC, and DOT. The total supply of tokens is 1,000,000,000.
This platform aims to create the first P2P decentralized hashpower commodity marketplace worldwide. The team wants to make Bitcoin and POW crypto mining as efficient, highly optimized, and decentralized as possible. Crypto mining is becoming more and more centralized as the Defi users clamber for cheap electricity, friendly regulations, infrastructure, and taxes.
However, the Lumerin Protocol offers the solution for such centralization. Within its Hashpower Marketplace, users will be able to buy, sell, access, distribute and manage hashpower from anywhere on the globe. The team is creating a single, virtual marketplace that improves the efficiency as well as provides greater access to capital and investments.
While it’s understandable that those crypto mining companies are driven by favorable regulation, cheap electricity, and stable infrastructure, it also poses a danger for decentralization. Where these three factors exist, there is a strong drive for the mining companies to centralize hashpower.
However, Titan is already using the Lumerin protocol to create solutions to this problem. In fact, it will become a global decentralized peer-to-peer (P2P) marketplace where users will be able to buy hashrate and liquid financial assets. Overall, this platform has innovative ideas and strong potential.
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