Here's why Rocketize is luring Polkadot and Filecoin into the crypto popularity charts

Here’s why Rocketize is luring Polkadot and Filecoin into the crypto popularity charts

Cryptocurrencies fought investor blocking and misinformation for years before becoming part of the mainstream financial services industry. Today, they are considered among the most profitable investment vehicles, all thanks to their unique use case, next-generation technology framework, their push for data privacy, and the collection of returns.

For novice investors who are confused about choosing between common names like missile (jato)And Polkadot (DOT) and Filecoin (FIL), the simple strategy is to start with a search. Consult coding learning resources, compare your options and then invest. To help you get started, here is a review of the three cryptocurrencies.

Mimi coin aimed at the moon – rocket

Rocketize is a meme coin inspired by the idea of ​​the “atomic nation” and aims to contribute to the development of decentralized finance through its investor-friendly mechanism. Built on the Binance Smart Chain, the meme coin has launched a native token called JATO that can be used for all kinds of transaction purposes such as betting, earning rewards, paying fees, and buying NFT, among other use cases.

The total supply of the token is set at 1,000,000,000,000 and interested buyers will be able to purchase it at the pre-sale stage.

What’s more, the platform offers its buyers attractive discounts on purchases. These rewards will depend on factors such as the type of cryptocurrency used, the amount spent on the transaction, the stage of the pre-sale, buyer referrals, and how long the transaction takes place after registration. Let’s illustrate this with an example: If you are a BNB/BSC user and want to buy JATO Tokens, you will get 12% bonus tokens. Now, if a buyer refers someone to the platform, for every $100 each of them spend on purchasing JATO Tokens, they will get $40 worth of tokens for free as a reward.

A somewhat unique factor about the JATO token is that it is built on a shrinkage model where these tokens are regularly burned to ensure they remain scarce. The limited supply of the platform allows to limit price fluctuations and keep the value of the token stable. Users should know that each transaction in terms of JATO token will be taxed at 2%. Those with an active wallet on the platform will receive half the tax as a credit. The remaining amount of tokens are burned to ensure that the supply of tokens is limited.

As far as governance goes, the platform takes advantage of a decentralized autonomous organization pattern where each stakeholder can present their views. The platform uses voting rights to encourage token holders to vote for proposals submitted by other community members. These proposals address operational issues such as strategic partnerships, new product launches, and the acquisition of liquidity.

Announcing the new version of Polkadot Dev Camp

Polkadot is an interoperable ecosystem of specialized blockchains called parachains that facilitate hassle-free communication between dApps and services over blockchain networks. It has the original DOT token which is the platform’s primary cryptocurrency. In a recent development, Polkadot has announced the new version of “Polkadot Dev Camp,” a tutorial for developers interested in learning about the network. Under the program, participants will learn to build using the blockchain framework pillar and contribute to the Polkadot developer ecosystem. The program has limited seats and the deadline to apply is October 23.

Filcoin usage increased in the third quarter

Filecoin is an open source and cloud marketplace for data storage and retrieval. It also serves as an incentive layer and a blockchain protocol. Its native token FIL can be used for all transaction purposes such as network storage. The platform combines IPFS, a distributed network protocol, to provide a secure network free from any kind of corporate control. The latest Messari State of Filecoin report claimed that FIL Token recorded a slight increase in its usage in the third quarter of 2022. The report also said that the development followed an 82% increase in active storage deals.

The aforementioned features of the three cryptocurrencies explain why they are a favorite of investors and have recorded a steady rise in their prices. However, when it comes to its long-term growth potential, many cryptocurrency analysts believe that Rocketize has a distinct advantage given its unique use case and sophisticated crypto architecture. Among the analysts who have reviewed the cryptocurrency, many are of the opinion that it is likely to hit the 100x return mark in no time.

Rocketize Token (JATO)


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