Uwerx is a brand-new project, in it’s presale phase, that is looking to disrupt the freelance work sector. Being an early mover to the industry with the first blockchain platform can see the project tap into that lucrative market and analysts predict a 6,000% gain. Aptos (APT) and Theta Network (THETA) are two other projects that can benefit from a bull market revival.
Uwerx (WERX) Can Disrupt Freelance Platforms
Uwerx has the potential to deliver big gains for investors in 2023 and climb the ranks of the top crypto projects. Uwerx wants to disrupt the gig economy with a decentralized platform, and it will be the first of its kind on the blockchain. Other platforms such as Upwork and PeoplePerHour have been criticized for high fees and the time it can take to be paid. Using the blockchain will remove the need for third-party verification and that could see same-day payments. Some analysts have predicted that WERX can soar to $2.60 in May 2023 from its current presale price of $0.0065.
The Upwork platform currently has a market capitalization of $1.5bn, and that would be enough to see the project in the top thirty crypto projects. That is a guide for the potential of Uwerx. The freelance economy is growing fast, and Uwerx can tap into that growth to gain market share. Uwerx will likely become a dominating force in the freelancing industry with its fundamental advantages over traditional freelancing platforms. Investors should look to get involved now in the presale before other investors start pushing the price higher.
Aptos (APT) Heads for the Top Fifty
Aptos (APT) is a new project, but it is already set up for a push into the top 50 projects. Aptos was founded by a team that previously worked with Meta Platforms (formerly Facebook) on their currency plans. Although the project only launched in late 2022, developments started as early as 2018. The development team has spent over three years working on the code and the project could do well in 2023. The Aptos (APT) token bottomed at the $3.00 level and could use that as a foundation for gains.
PancakeSwap (CAKE) uses Aptos for its decentralized finance offerings, and it wants to attract more Aptos (APT) based projects to its decentralized exchange. Pancake Swap is now the dominant application on Aptos (APT) with 50% of the total value locked at $29.5 million. That is around three times the TVL amount of the next-placed DApp. Aptos (APT) can continue to gain from the partnership and move higher in the crypto table. The project has a market cap of around $600 million and if it doubles in price to the previous highs of $10 then Aptos (APT) could be among the top 30 projects in 2023.
Theta Network (THETA) Needs an NFT Revival
Theta Network (THETA) is a video streaming platform, but the project made moves into the NFT market in 2021. Theta Network (THETA) hooked up with singer Katy Perry for NFT launches. However, that market has crashed with industry data from Cryptoslam.io saying that NFT sales hit $4.9bn in sales worldwide in January 2022 but crashed to around $565m in December. That marked a roughly 80% drop from December 2021, where $2.8bn in NFT sales were registered.
Theta Network (THETA) is now expected to see the full launch of its ThetaDrop NFT marketplace in 2022 and that could bring user adoption for Theta Network (THETA). However, a full rebound in the coin’s price would need to see a big improvement in NFT sales. That may not be possible as the market licks its wounds from the bruising bear market.
According to our assessment, Uwerx could be a valuable opportunity—it has successfully undergone audits by InterFi Network and Solidproof, the liquidity will remain locked for 25 years after the presale ends and ownership of contracts will be renounced when the project is ready to be listed on centralized exchanges. You can refer to the links provided below for further information on Uwerx, the ongoing 25% purchase bonus and the competition to win $5,000 worth of WERX tokens.
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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.