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Some New Tokens of Cryptocurrencies in Crypto Market

Development of cryptocurrencies receives great attention. The crypto market have made huge explosion that bring various possibilities for profits. Investors, traders, and speculators started to set their goals in utilizing the cryptocurrency and thus there are also many platforms that emerge to provide accesses for those who want to join the fun. One of the platforms is Blockster that sets great goal in developing its platform. It wants to attract many people and crypto enthusiasts so later the platform can become access for all crypto needs.

Blockster can be considered as new platform and it is still in its steps of development. It has made its roadmap and so far it has reached stage 2 while stage 3 is still in progress. So far, it brings good opportunities in which it sets the goal where it will become sources of various trends and news for people so they can get the fastest and best accesses of resources and references that can help them. Even, it also sets goal to create a marketplace where digital transactions are possible to do by using cryptocurrencies.

In running the platform, it uses its own special Token called as bxr. The token becomes marketing and advertising token that will be needed in the system of Blockster. Since it uses advertising base, its value will be bigger when there are more people who join the platform. So far, the token is still quite cheap. Its value is around $0.15 but it surely still can grow as the development of the platform. For member of the platform that add ETH and BXR token in the Uniswap can gain huge share up to 2 million BXR and it will be paid after 12 months. As for the tokens, it can be purchased in many platforms, including BXR Treasury and the Uniswap.

In addition to the BXR, there are still other new tokens. VTHO is one of them.  This is the crypto token in the VeChainThor blockchain. The VeChain token may be new but it has established its accesses for many kinds of operations. It can be used for transaction fees up to governance voting. In this case, the VeThor tokens set some essential functions that can bring benefits for those who have them. One of the functions is to bring rewards for the Token Holders. Then, it has its own platform and the token becomes the currencies for various transactions in the platform. Next, it can be used for staking.

Staking can become good way that will bring benefits for both parties. Token holders can gain passive income through the investment strategy. The holder can lend the VTHO token to the VeThor team. Then, the team will create secondary market that will be able to rotate the system. Thus, both parties can gain the benefits. Since it is also investment, token holders can see the possibility of greater profits as the platform grows and develops further. Based on some analyses, it is estimated that the token price will increase in the future so the token holders can gain greater profits the longer they keep the tokens.



This post first appeared on Brand Design, please read the originial post: here

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Some New Tokens of Cryptocurrencies in Crypto Market

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