As the Bitcoin (BTC) cryptocurrency rose to prominence people started to observe its limited nature, this was before decentralized finance (DeFi) came and the crypto community needed a way out. With DeFi now this limitation is overcome and some of the best cryptos currently feeling the cold of crypto winter 2022 are DeFi.
Metamoretals (MORT), crypto still in presale, Dogecoin (DOGE) and Shiba Inu (INU) our popular meme-coins are other DeFi projects we can forget but are prominent enough to take centre stage.
Metamortals (MORT) – One Of The Most Rewarding GameFi Platforms
The first DeFi crypto on this list making an impact in crypto winter 2022 is Metamortals (MORT), it’s essentially a blockchain game combining earning, entertainment and saving money. Through Metamortals (MORT), users can enjoy an adventure with its highly developed virtual reality landscapes.
This is not your boring crypto game with limited graphics and gameplay, Metamortals (MORT) takes it to another level by virtual character and play-to-earn (P2E). Players are given Metamortal tokens (MORT) that are native to their ecosystem. Each task a player carries out in the game like exploring gives liquidity and staking among other things! This incentives system hence increases the time spent on the game
Metamortals (MORT) uses the decentralized autonomous organization governance style meaning everyone can have a say in the future of the platform, unlike the traditional governance system where only a few make the decisions.
There are two cryptocurrency tokens, the Metamortals (MORT) token that’s the Game Token and the Metamortals token (MORT DAO) used for governance. Metamortal’s (MORT) P2E features provide a total distribution of 40 per cent of the entire circulating supply of Metamortal tokens (MORT)
This ecosystem has multichain properties and is based on the Binance Smart Chain (BNB), users can expect scalability and small transaction costs due to the astounding Binance Smart Chain (BNB) laying its foundation. This token is live for presale at the best rates possible and you shouldn’t waste time considering this token as there are only 5 million for presale.
Dogecoin (DOGE) – First Of Its Kind
Dogecoin (DOGE) is more than just an Elon Musk thing, it’s peer-to-peer crypto just like Ripple (XRP) or Cardano (ADA). With Dogecoin (DOGE), users get an anonymous yet secure and decentralized ecosystem without any third parties getting in between. This altcoin was launched in 2013 and gained quick prominence. Dogecoin (DOGE) uses blockchain technology and a distributed secure digital ledger to record and add transactions carried out in its ecosystem.
Dogecoin (DOGE) also uses cryptography to ensure transactions within its system are secured and not compromised. Mining with Dogecoin (DOGE) employs the proof-of-work (PoS) consensus mechanism whereby the miners use computers to figure out a mathematical equation to process and then store transactions within the blockchain.
Shiba Inu (SHIB) – Strong Contender For Best Meme Coin
Shiba Inu (SHIB) is a “cousin” of Dogecoin (DOGE) being in the dog family of meme coins, this is a decentralized platform created by an entity called “Ryoshi” which remains unknown. Its native token, the Shiba Inu token (SHIB) is ERC-20 and based on the Ethereum (ETH) blockchain. This means it harnesses the power of smart contracts in creating its decentralized finance (DeFi) features. It’s also known as the “Dogecoin Killer” making it more of a rival than cousin by this definition.
It has an artist incubator feature which allows artists to use Ethereum’s (ETH) blockchain to auction non-fungible tokens (NFTs) through smart contracts which means this NFT market won’t have middlemen like banks. With these features and more, the Shiba Inu token (SHIB) is one to look out for!
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