After a bruising 2022 in the cryptocurrency market, investors want to know where the next big fortunes can be made. Two projects that have the potential to see big gains are Uwerx and Axie Infinity (AXS), but which will be the biggest winner in 2023? Read on to find out more.
Axie Infinity (AXS) Seeks to Recreate Play-to-Earn Gold rush
Axie Infinity (AXS) crypto investors have been treated to a rollercoaster in price after the coin rocketed to highs of $160 in the late 2021 market peak. At that point, the play-to-earn game had a daily user count of over 2 million. Since then the project has seen a big decline in average users to under 100k. Users had rushed to the Axie Infinity platform (AXS) because the soaring coin price made rewards more valuable. The AXS token has since tumbled to $6 and there was also a recent hack of the Ronin Network which supports the game.
Axie Infinity’s (AXS) Ronin Network was hacked for a huge sum of $615m which saw users’ funds disappear. Another headwind for the Axie Infinity (AXS) token outlook is the growing competition list. Axie Infinity (AXS) is no longer the biggest P2E game, with Splinterlands attracting an average of 274k active crypto wallets in a seven-day period. It may be seen in the future that Axie Infinity (AXS) got lucky as the first mover in a space that attracted a big user base and ran the coin up in a bull market for crypto.
Uwerx (WERX) Presale Can Offer Early Mover Gains
The Uwerx presale has the potential to bring the same early mover benefits that Axie Infinity (AXS) benefited from. Uwerx wants to disrupt the world of freelance working with a decentralized platform, and it will be the first of its kind in this area. Other platforms such as Upwork have been criticized for their fees and the time it takes to be paid.
Uwerx would charge a total of 1% in comparison to Upwork’s 20% fee. That payment holdup is down to the security of funds and obviously, blockchain can deliver that for same-day payments. Some analysts have predicted that WERX can soar to $1 in Q3 2023 and $2.60 Q4 2024 from its current crypto presale price of $0.005.
As most experienced investors know, investing early into projects with solid fundamentals and potential for growth, is often where significant gains are made. The world of freelancing has grown in popularity after the pandemic as individuals and businesses were forced into new ways of working.
That has now become the new normal for many workers and Uwerx can tap into the big sums on offer. It has been reported that gig workers already provide $1.4 trillion to the U.S. economy alone and Uwerx can take that global.
For investors who missed out on the Axie Infinity (AXS) gains then WERX can be the perfect addition to their portfolio. Liquidity has also been locked in for 25 years after the presale ends and the.
The presale is the ideal time to get into this project at the ground level and get set for mainstream attention. Uwerx will likely become a dominating force in the freelancing industry with its fundamental advantages over traditional freelancing platforms. Confidence in Uwerx is certainly at a high – contracts will be renounced when it is ready to be listed on central exchanges, audits were completed by InterFi Network and SolidProof even before they launched and to top it off, early investors will be rewarded with a 25% bonus for acquisition of WERX tokens during the presale!
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.