Turn Pennies Into A Retirement Fund With Gnox (GNOX), Polkadot (DOT) And Fantom (FTM)

Written by: Coinpedia

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Crypto Journalist and Editor of guest articles in CoinPedia. I am also handling Outreach & Partnerships Manager. Contact me: [email protected]

    Jul 23, 2022


    Does the title sound too good to be real? Can someone really make a fortune out of pennies? Amid a brutal bear market, it feels like a sin to be even talking about such extravagant claims.

    However, history has shown us time and again that millionaires are made during the crypto winter. And we are not even talking about meme tokens here. Some crypto projects with great long-term prospects have the potential to generate life-changing gains. A few of them include Gnox (GNOX), Polkadot (DOT), and Fantom (FTM).

    Gnox – The passive income machine

    The DeFi revolution took the crypto world by storm, but its application is only limited to those who can stomach high gas fees and risky avenues. Gnox solves this problem by providing entry-level investors a chance to become a DeFi expert without having to decipher the mechanics behind it. The protocol has a purpose-built treasury that generates passive income for GNOX token holders for simply holding the tokens. Unlike other expensive DeFi platforms, users don’t have to go rack their brains over researching hundreds of yield farming protocols. Everything is served on plate with the Gnoxian ecosystem. The huge presale demand is an evidence of what this project can do after contract launch.    

    Polkadot – The Multichain revolution

    One of the most innovative projects in the crypto space, Polkadot is a next-gen blockchain that promotes the multichain network to resolve limitations in security and scalabilty. The network allows cross-chain interoperability to function without any interruptions. Polkadot sends DOT tokens across blockchains and allows them to exchange actual data, which is a great breakthrough for developers and startups. The multilayered governance mechanism is based on nominated PoS (Proof-of-stake) consensus, where validators are rewarded for securing the network. The utility token DOT is used for validating rights, governance voting, and payment of network fees.

    Fantom – All-in-one DeFi suite

    Fantom is an open-source permissionless platform based on Directed Acrylic Graph, which is different from chains. It solves the blockchain trilemma problem by allowing asynchronous transaction processing, where participants can process commands at their own speed. FTM is the primary token of the ecosystem which is used for staking, governance, transaction fees, and network security. Low cost and high throughput make it a perfect token for exchanging money. One can also stake their FTM to receive passive rewards without any additional requirements.

    Join presale:





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    Crypto Journalist and Editor of guest articles in CoinPedia. I am also handling Outreach & Partnerships Manager. Contact me: [email protected]

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