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3 Reasons Why WISE Token Could Be a Massive Winner in 2021

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WISE token

After working in proprietary trading for over a decade, I decided to transition to crypto in early 2017.  Although crypto is significantly different from traditional capital markets, I managed to successfully find a niche for successful and opportunistic trading.  While 2017 was the perfect time to get involved, the past few years have proven to be a bit more challenging as far as generating ROI.

Cryptocurrency traders have spent the past several years searching far and wide for the next big winner.  While the market as a whole hasn’t been very bull friendly, one specific area that appears to be gaining traction is decentralized finance, more commonly known as DeFi.  This area generally refers to the digital assets and financial smart contracts, protocols, and decentralized applications (DApps) built on Ethereum.  The reason why so many crypto entrepreneurs are flocking to this space is that it allows them to create traditional financial vehicles in a decentralized network, outside the meddlesome control of foreign governments.

One extremely popular DeFi project is Chainlink (LINK) which is a decentralized oracle network that provides real-world data to smart contracts on the blockchain.  Chainlink has seen its token price increase by more than 300% year-to-date.    Another impressive project in the space is Kyber Network (KNC) which has seen its token soar from $0.20 at the start of the year to more than $1.60 at present.  Kyber Network’s on-chain liquidity protocol allows decentralized tokens swaps to be integrated into any application, enabling value exchange to be performed seamlessly between all parties in the ecosystem.  Chainlink and Kyber Network are just a few examples highlighting the excitement that crypto traders currently have for the DeFi space.

But given that many of these tokens have already had a big run, traders might be wondering if there are still opportunities to get in at a reasonable value.  After having spent countless hours researching one project in particular, I have a strong feeling that WISE token could be set for a massive run in 2021!

What is WISE Token?

WISE is an ERC-20 token based on the Ethereum blockchain that is decentralized, transparent, trustless, and interest-bearing that features automatic liquidity.

The project is re-imagining decentralized finance by developing a complete and efficient financial ecosystem.  Concentrating on generating interest through staking, the WISE smart contract earns money for investors from the safety and complete transparency of their own private wallets, while also supplying a massive liquidity pool in order to realize gains.

Staking is becoming extremely popular among crypto investors as it allows them to earn interest by locking up their tokens for a period of time.  This is especially beneficial for long-term participants as they are earning by doing something they had planned to do anyway.  And for short-term traders, staking certainly gives them an incentive to hold longer than they anticipated.  WISE functions similarly to bonds and CDs but comes with enhanced security, liquidity, and superior profitability.

The WISE ecosystem through the WISE token will allow all participants to stake their funds in extremely low-risk smart contracts while maintaining complete control over their investment at all times.  The ecosystem will serve 5 essential functions:

  1. Minting of new WISE tokens
  2. Earning referral bonuses
  3. Initiating and closing stakes
  4. Earning interest
  5. WISE token exchange

With regards to the last point, it’s important to mention that the ecosystem will work seamlessly with Uniswap, a very highly regarded decentralized exchange (DEX).

Now that you understand what WISE is, here are 3 reasons why I expect 2021 to be a big year for the token.

Reason #1 – The Best Referral System in Crypto

One really interesting component of the WISE ecosystem is that it will feature a dedicated referral program that allows users to earn bonus tokens by adding new users through their dedicated referral links.  Platform users will be able to generate referral links by logging into their account and clicking the option to get the link.  After doing that, the user can simply copy the link and begin sharing it through popular cryptocurrency channels such as Reddit, Telegram, and Discord.

The key thing to understand is that users don’t simply earn a 10% commission during launch.  Rather, users will CONTINUE to be rewarded with residual income each and every time a new user stakes tokens through their specific link.  As marketing and word of mouth build quickly over the coming months and years, referral bonuses could prove to be a windfall.

Reason #2 – Instantly Massive Market

The main problem with new projects is the lack of a market to sell new tokens.  Who would want to own baseball cards if nobody wanted to buy them?  The answer is nobody.  The WISE contract will take the presale funds, put it on Uniswap, and lock it away.  That will be an absolutely massive amount of money that users can count on so that anyone can swap out ETH for WISE and WISE for ETH.  This feature really sets the WISE token apart from everything else currently available.

Reason #3 – Stability

Although the lack of a market is certainly the biggest problem with new projects, lack of stability is also a major issue, especially in DeFi.  What typically happens is that as soon as new tokens get listed on Uniswap or other exchanges, bots and whales will immediately begin making large purchases which causes the price to rise dramatically and creates FOMO.  For a while, the price will continue to surge but eventually the steam will run out and the price will crash.  This results in a lot of frustration and anger from traders, especially those who had the bad luck of purchasing at or near the top.

This won’t happen for WISE because the project will have already sold 50 million tokens which will be in the hands of long-term holders.  The people that accumulate WISE tokens at the start will be those who see value in the project long-term and won’t be interested in flipping for a quick buck.

Summary

Decentralized finance is one of the fastest growing areas within the cryptocurrency space.  Lots of new exciting platforms are being built daily thanks to crafty entrepreneurs who see what the future can be.  2020 has already seen several tokens, such as LINK and KNC, dramatically increase in price thanks to the value both projects bring to the space.  While those opportunities may have been missed, WISE is just beginning.  I have a strong feeling that 2021 could be a big year for those who get in early on the WISE revolution.

Image by Patricia Alexandre from Pixabay

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My Crypto Heroes Announces Issuance of MCH Governance Token

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Tokyo, Japan, 24th November, 2020, // ChainWire //

My Crypto Heroes is happy to announce the issuance of MCH Coin as an incentive to players in the My Crypto Heroes ecosystem, aiming to allow them to craft a “User-oriented world”. The MCH coin is available on Uniswap with a newly created pool with ETH. 

My Crypto Heroes is a blockchain-based game for PC and Mobile. It allows users to collect historic heroes and raise them for battle in a Crypto World. Officially released on November 30th, 2018, MCH has recorded the most transactions and daily active users than any other blockchain game in the world.

What is MCH Coin?

MCH Coin is being issued as an ERC-20 Standard Governance Token. The issuance began on November 9th, 2020, with 50 million tokens issued.

Of the funds issued, 40% are allocated to a pay for on-going development and as rewards for advisors and early investors. 10% are allocated to marketing and the growth of the ecosystem, and 50% are allocated to the community. The Distribution Ratio of the MCH Coin is subject to change via a governance decision.

The MCH coin will be used as a voting right as part of the ecosystem’s governance, with 1 coin being 1 vote. It will also be used for in-game utilities and payments. Additional information can be found here:

https://medium.com/mycryptoheroes/new-ecosystem-with-mchcoin-en-a6a82494894f

During December 2020 the first governance…

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Rewards Platform StormX Offers 50% Crypto Cashback Bonus for Thanksgiving

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Singapore, Singapore, 23rd November, 2020, // ChainWire //

Blockchain-based rewards platform StormX has released a seasonal promotion for its award-winning Crypto Cash Back App. The promotion will allow app users to earn a 50% bonus on top of their cashback between Thanksgiving Day and Cyber Monday (November 26-30).

StormX has also introduced a brand-new staking service, allowing users to earn an additional 50% per year when they stake STMX tokens. The native ERC20 token of the StormX ecosystem, STMX has a total supply of 10 billion and is available to trade at many of the world’s top exchanges, including Binance and Bittrex.

“With Bitcoin’s price approaching its all-time high, interest in cryptocurrencies has renewed, though some people believe it’s now too expensive to buy in,” said StormX CEO and Co-Founder Simon Yu. “What we have done is create an easy way for such individuals to accumulate bitcoin, ethereum and other cryptocurrencies via everyday shopping.

“We’re also excited to provide users with the ability to earn greater rewards simply by staking their tokens.”

Since the StormX mobile app launched its Shop feature with over 700 stores in February 2020, some 400,000 unique users have been added to the rewards platform. StormX has also witnessed over 50% month-on-month growth for sales. The app is available for download on the App and Google Play Stores, and can be downloaded as a browser add-on from the Chrome Web…

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3 Reasons Why Liquidity Dividends Protocol (LID) Will Be a Huge Winner

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Liquidity Dividends Protocol

Since 2017, cryptocurrency has experienced both the crazy highs and the crazy lows with fortunes being made and lost overnight.  That volatility is one of the main reasons why cryptocurrency has been relatively slow to gain mass adoption.  In addition to volatility, another concern for many is the lack of security and regulation in the market.  This can be seen through the countless exchange hacks and rug pulls that seem to occur on a weekly basis.  In order for cryptocurrency to move into the next stage of maturity and bring on mass adoption, investors and users will need to feel secure knowing that their funds are safe.  One promising organization that may have the perfect solution is Liquidity Dividends Protocol (LID).

What is Liquidity Dividends Protocol?

Liquidity Dividends Protocol is an up and coming organization that provides locked liquidity services to cryptocurrency projects that launch their offerings through ERC-20 tokens.  It lets non-custodial pre-sales lock liquidity of a token in a trustless manner through Uniswap.  This locking process will prevent every investor’s worst nightmare of seeing their hard-earned money disappear through “rug pull” scams that are designed to remove liquidity out of DeFi projects.

This year has seen an explosion of interest in Uniswap and DeFi projects.  Many investors have generated enormous returns on investments, but many have experienced the pain of being duped.  Below are three reasons why LID Protocol is poised to be a massive winner in…

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