Meme coins have recently thrown a value-bomb in the dwindling market. Take Dogecoin (DOGE) and Shiba (SHIB), for instance; the success these two coins have garnered is worth applause.
The idea of investing in these meme coins is incredibly appealing, as long as the distance is maintained. The only problem they bring forward is their non-utility. One can't just rely solely on marketing tactics to attract investment.
This has to be fueled by internal factors to drive the graph. There has got to be something to insinuate a soul into the project. Those adept at it are aware of the fact what this recent crypto crash has done to the once-thriving coins.
As anticipated, FreeWoly (FWO) is a meme coin. It is a platform where it'll enable its stakeholders to earn money for playing the game. The play 2 Earn gaming model is so popular these days.
The gaming industry's success over the years isn't hidden; the revenues this industry has brought have multiplied in value recently. Research from Newzoo indicates that the gains will touch 200 Billion USD by 2024.
Taking advantage of the understandable acceptance, FreeWoly came in with the mission to integrate the fun and the service part.. Now, you've got an opportunity to play the game and earn simultaneously with FreeWoly (FWO). It's a platform that stands against norms and breaks those limiting beliefs we've unconsciously set.
FreeWoly uses augmented reality to enable its users to play the game. Are you familiar with Pokemon Go or Farmville? FreeWoly is somehow the combo of both of these games.
Not to forget that Pokemon Go doubled its profits in a couple of years. That explains how potentially viable these games are, and you'll definitely miss out on a great deal if you turn a blind eye.
Buying FWO Tokens and joining the platform means you can trade NFTs (non-fungible tokens). The assets in the game would work like NFTs, which you can sell or buy. This feature would encourage the trade in real money.
On the platform, you'll be able to buy/sell animals and farmland with the token. Or the other way, you can opt for a way to use it as a standalone Cryptocurrency. On Binance Smart Chain, FreeWoly (FWO) is governed by a DAO-based system.
The main driving force or purpose mainly Polkadot (DOT) serves is to establish an ecosystem where transactions are held quicker and cheaper. The network creates parachains, synonymously used for parallel chains.
This obliterates any possibility of congestion, and the loads get distributed, making the flow efficient and quicker.
Not only that, it enables you to exchange information across the chains. Thus, it's an interoperable option with the bridging network spread across the blockchains.
The DOT Token has increased by 240% in recent years, which itself is evidence of the value it holds. The governance model it's based on is Proof of Stake, unlike FreeWoly.
The tokens we've taken an in-depth tour of are distinct in their features. FreeWoly (FWO) is relatively new in the game.
Thus, it's more probable for it to rise in ranks and the price after a kick start. Seeing the growth of the gaming industry, FreeWoly (FWO) stands out, beating Polkadot (DOT) by some margin.
Presale: https://farm.freewoly.io
Website: http://freewoly.io/
Telegram: https://t.me/FreeWolyOfficial
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.