Numerous cryptocurrencies and tokens appear every day. Some of them are of a practical nature, which means they perform some sort of function. Others, on the contrary, have a purely entertainment purpose and may be in demand only due to the strong buzz around the project. In this overview, RevenueBot highlights a few coins to keep track of.
NuLink (NLK)
NuLink is a cutting-edge Web3 solution designed for coders seeking to keep their data private and provide a higher level of security. The platform provides solid endpoint encryption tools and cryptographic access control.
NuLink blends various aspects of app development including the Application Layer, the Cryptograph Layer, the Storage Layer, the Blockchain Layer and the Watcher Network. Through a unified API, NuLink users can access a broad spectrum of privacy-preserving services, confidentiality, and blockchain intergration. Nodes (participants) have the opportunity to earn $NLK by offering privacy-enhancing services in the Cryptography Layer, by providing decentralized storage solutions in the Storage Layer, as well as by ensuring secure interoperability with Ethereum and the Watcher Network.
Saakuru Protocol (SKR)
Saakuru is a consumer-centric L2 protocol boasting zero transaction fees based on OP Stack to ensure a smooth experience for any application. Combined with Saakuru Developer Suite, just any application can easily incorporate Web3 capabilities, all in just one day. Designed with developer usability in mind, this suite enables a seamless transition from Web2 to Web3.
The Saakuru Protocol is already live and records more than 1.4 million transactions/week, which already puts it into the top 20 public blockchains by transactions per week only nine months after network launch. This lightning-fast transaction growth is mainly due to its gasless nature and rapid block time. What’s more, Saakuru Labs has unveiled its own Developer Suite, which includes Mobile Wallet SDK, NFT management platform, Blockchain data API, and Gamification API, allowing products to embed essential Web3 modules directly to their products significantly reducing cost and speed for any go-to-market strategy.
Elixir Games (ELIX)
Elixir Games is the largest gaming platform in the Web3 ecosystem, providing end-to-end distribution & fintech enterprise-scale adoption. The platform successfully operates on a multifaceted business model leveraging a great variety of revenue sources. This includes earning through In-Game Assets Marketplace fees, In-App Purchase commissions from game partners, Subscription Passes with referral fees for premium users, and offering Software as a Service (SaaS) customized for enterprises and game publishers. Such a strategic blend of monetization avenues positions Elixir as a dynamic player in the gaming industry, ensuring sustainable growth and innovation.
Conclusion
When investing in new coins, you keep an open mind on all the risks, because the chances of a coin remaining at the same price brackets or depreciating are sky-high.
This material is not a piece of financial advice and is for informational purposes only.
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