To succeed in the crypto market, an investor needs more than insight. A huge dose of luck also comes highly recommended. This is due to several reasons. First, due to the low barrier of entry, tons of developers and investors can easily introduce their coins in the crypto market.
Without having to jump through hoops or stringent restrictions, anyone can upload a well-thought-out or half-baked crypto asset into the platform. Without a proper understanding of how the market works and what to look for, an unsuspecting investor might put down money on a white elephant. This will inevitably result in innumerable losses for the investor. On the other hand, the investor might get lucky and invest in the next big coin.
In addition, the crypto market itself is a very volatile place. Without a central body, it is bound to have high highs and low lows. The price of a single coin can move in five different directions within twenty-four hours. It takes a cool mind, skilled hands, and a lucky angel to gain profits in the market. Many investors are interested in long-term coins to protect themselves against the unstable market. With that in mind, two crypto assets that should be studied carefully are The Sandbox (SAND) and Cryptoons ($CTOON).
The Sandbox: Expanding the Imagination
The Sandbox (SAND) is a unique application of blockchain technology. By integrating the exciting gaming industry with the blockchain industry, The Sandbox (SAND) is a fast-growing virtual space in the GameFi sector. Building off the Ethereum (ETH) blockchain, the platform enables its users to take charge of their gaming experience. The users are free to leverage its free resources to create games, avatars, and any other digital infrastructure they deem necessary. The Sandbox (SAND) network offers its users optimum functionality that affords them the best of the metaverse and everything it entails.
With its numerous features and benefits, The Sandbox (SAND) is one of the favorite crypto assets of all crypto users. The native token, SAND, back all the activities conducted on The Sandbox (SAND). The native token helps the users complete their transactions in the metaverse. It also allows those with the token leverage on the platforms’ DAO for governance.
The crypto asset has been in the market for quite some time now, and it is considered one of the top crypto assets to look out for. As the GameFi market gains more prominence in the crypto community and the world, The Sandbox (SAND) is perfectly positioned to grow in value and users.
Cryptoons: Another Ethereum-based Coin
By building off the Ethereum (ETH) blockchain, Cryptoons ($CTOON) offers an interesting choice to lovers of comic books, manga, and webtoons. The crypto asset offers an interesting way of improving the already thriving industry.
Through the help of blockchain technology, Cryptoons ($CTOON) offers an open to all marketplace where creators and audiences can connect. Through the NFT factory, creators and comic artists can convert their artworks into non-fungible tokens and get their due rewards and recognition.
As the Cryptoons ($CTOON) platform expands and grows, it will migrate into a Decentralized Autonomous Organization (DAO). This system will make it possible for $CTOON holders to vote and make decisions that concern the coin.
The idea of a crypto platform just for comic books and webtoons might seem crazy, but the data begs to differ. In Japan alone, comics and manga account for about 675.9 billion yen in 2021 alone. The industries are filled with dedicated fans who deeply love their stories. By attracting the crows into the crypto market, there is no telling what the future holds for Cryptoons ($CTOON) and the crypto market as well.
For more information on Cryptoons:
Presale: https://www.cryptoons-token.com/how-to-buy
Website: https://www.cryptoons-token.com/
Telegram: https://t.me/CryptoonsTokenOfficial