Following in the path of Bitcoin (BTC) and Ethereum (ETH), a novel market-moving DeFi platform, ETFSwap (ETFS), has leveraged first-mover advantage to launch a premier Ethereum-based tokenized trading solution for exchange-traded funds (ETFs) in the cryptocurrency world.
The first-mover advantage, just like in any other financial sector, gives a competitive edge in being the first provider of an innovation or a solution. This is exactly what Bitcoin (BTC) and Ethereum (ETH) have in the cryptocurrency market, as both cryptocurrencies were the first to offer certain cryptocurrency solutions and innovations. As a result, these crypto coins are the most valuable crypto assets today, and ETFSwap (ETFS) is set to follow that path.
Bitcoin (BTC), the most valuable crypto coin with a market capitalization of over $1 trillion, paved the way for the life-changing, trillion-dollar market we know today — the cryptocurrency market. Introduced in 2008 by Satoshi Nakamoto, Bitcoin (BTC) is still riding the first-mover advantage of being the premier digital store of value and the premier crypto coin.
Bitcoin (BTC) introduced blockchain technology and laid the foundation for every other crypto coin in existence today. This first-mover advantage is evident in the influence and recognition that Bitcoin (BTC) has in the crypto and financial world at large.
Evidently, Bitcoin (BTC) is the foremost market-mover in the crypto space as a significant move in its price most times affects all altcoins and crypto tokens. Also, Bitcoin (BTC) achieved a milestone in digital transactions and payments by becoming a legal tender in El Salvador in 2021.
With blockchain advancements revolutionizing the crypto world, major crypto analysts only see more adoption for crypto coins such as ETFSwap (ETFS) when Bitcoin moves past its all-time high of $73,830.
Just like Bitcoin (BTC), Ethereum (ETH) had a first-mover advantage by introducing the decentralized finance (DeFi) ecosystem to the cryptocurrency market. Ethereum (ETH) was the first blockchain to introduce smart contracts and decentralized applications (dApps) to the crypto world.
Consequently, Ethereum (ETH) has become the developers’ choice for hosting smart contracts, dApps, and other DeFi projects and protocols. This first-mover advantage has placed Ethereum (ETH) solidly in the number 2 crypto spot. It is now the second most valuable coin, with a market capitalization of over $350 billion, as of writing.
More so, Ethereum (ETH) is touted to keep an upward momentum in crypto innovations with the Ethereum 2.0 launch. This launch has brought advancements such as a reduction in energy consumption, a switch to a more efficient proof-of-stake consensus, and a more scalable and secure ecosystem.
Crypto analysts and stakeholders all back Ethereum (ETH) maintain its upward trajectory and surge past its all-time high of $4,879. However, it continues to struggle to break resistance above $3,100.
ETFSwap (ETFS), an Ethereum-based exchange-traded funds platform, is the next crypto platform touted to be on the same path as Bitcoin (BTC) and Ethereum (ETH) for a massive first-mover advantage as it brings the crypto world’s first and most efficient solution for tokenized ETFs.
Ever since Blackrock’s CEO, Larry Fink, announced his support for ETFs, saying that they are the “next generation for markets,” the adoption of exchange-traded funds in the crypto world skyrocketed. In turn, this has necessitated the need for an efficient, profitable, and secure mechanism for trading ETFs on the blockchain, and ETFSwap (ETFS) is just that!
ETFSwap (ETFS) operates a permissionless ecosystem of institutionally listed exchange-traded funds, allowing both retail and commercial investors access to invest and trade with the numerous ETF assets on-chain. This genius innovation caters effectively to a profitable and efficient ETF trading ecosystem where investors can maximize profits over flexible ETF asset options.
This unparalleled trustless and decentralized ETF trading platform operates as both an ETF administration platform and an institutional ETF trading platform that offers its investors access to institutional ETFs powered by the native ETFS token. This prospect alone has major crypto analysts and stakeholders tipping the ETFS token for market-dominating prices.
The ETFSwap (ETFS) ecosystem is investor-oriented as it goes further to provide staking, swapping, and perpetual futures and options for its investors to maximize profit-making, boosting the possibility of 10X on your investments.
These groundbreaking ETF trading innovations powered by the ETFSwap (ETFS) ecosystem have started to pull in massive whale buy-ins. Following a very successful private sale, ETFSwap (ETFS) has recorded a sale of over 60 million tokens in its ongoing stage 1 presale.
Going for a steal price of $0.00854 per token, investors are rushing to get in as the price is well placed to jump to $0.01831 in stage 2 presale.
For more information about the ETFS Presale:
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