Rocketize (JATO) is a new entrant in the cryptocurrency market, aiming to make it to the top. It is gearing up to become as successful as Decentraland (MANA) and Synthetix (SNX). However, can Rocketize (JATO) achieve this big dream with all the cryptocurrencies in the market right now?
Let’s find out.
What is Rocketize Bringing to the Market?
Rocketize (JATO) is a new meme coin that aims to build a massive community of enthusiasts and reward them for participating in the platform’s activities. In addition, it aims to “Rocketize” users into space and allow them to access non-traditional incentive structures.
The platform will offer DeFi and NFT services. Users will be able to stake cryptocurrencies to earn passive income. Users can also swap tokens with minimal fees on the platform’s peer-to-peer decentralized exchange (DEX).
Furthermore, Rocketize (JATO) will feature special minting events where holders of the platform’s native JATO token can use it to mint NFTs. The JATO token also supports every other platform activity and DAO governance.
The project is currently running a pre-sale where you can buy the token and get an extra 8% to 15% as pre-sale bonuses depending on the cryptocurrency you deposit. You can also get an additional 8%, 7%, and 4% if you join in the 1st, 2nd, or 3rd presale stages, respectively.
How Decentraland Is Keeping Its Top Spot
Decentraland (MANA) is a popular metaverse platform running on the Ethereum blockchain. The cryptocurrency market learned of this project when the metaverse concept became popular following Facebook’s change of name to Meta. Decentraland (MANA) has since grown in relevance, with more room for growth.
The Decentraland (MANA) platform allows users to buy digital real estate, build on it, and monetize their creations. They can also create other collectibles and offer them for sale on the platform.
Decentraland’s (MANA) shared metaverse has remained relevant due to the project’s immersive outlook. Users escape to the metaverse to take a break from reality. Also, since users can develop their own NFT LANDs, build unique projects, and organize events, they can monetize their creations by opening them to other users in the metaverse.
Its native token, MANA which supports transactions on the platform, can also be held for future gains. For example, users who held MANA before the last bull cycle saw massive gains. Thus, it could also rally more gains in the next bull cycle as the metaverse attracts users.
Synthetix and the Derivatives Market
Synthetix (SNX) is a network for synthetic assets. The platform tracks other assets like silver, gold, fiat currencies, or cryptocurrencies and allows users to trade them without holding the actual assets.
Synthetix (SNX) tokenizes the assets it tracks using Ethereum’s ERC-20 smart contracts. They simply serve as the blockchain’s version of traditional derivatives, called synthetic assets or synths. However, users must stake the platform’s utility token, SNX, to create Synths.
Synthetix’s (SNX) relevance depends on its ability to allow users access to a wide range of commodities and assets without holding such commodities. The service also leads to a more mature financial market.
Final Thoughts
Decentraland (MANA) and Synthetix (SNX) offer users exclusive features and markets. Decentraland (MANA) users can own virtual properties and monetize them. Synthetix (SNX) users can access and trade assets without having to hold them. Their coin value and market capitalization rise as users identify their usefulness and interact with them.
Rocketize (JATO), on the other hand, can become as popular as these projects, as it leverages the meme coin concept while offering other features that crypto traders will find useful. If it delivers on its promises, it can get enough market capitalization to push it to the top cryptocurrencies list.
Presale: https://rocketize.io/buy
Website: http://rocketize.io
Telegram: https://t.me/RocketizeTokenOfficial