Cryptocurrencies are all the rage lately, and for good reason! Many of them have the potential to be incredibly prosperous. But which one is the best? We’ll explore three promising cryptocurrencies: Quitriam Finance (QTM), Cosmos (ATOM), and Cardano (ADA). We will take a look at their respective features and try to determine which one is likely to be the most successful in the future. So without further ado, let’s get started!
Quitriam Finance (QTM):
The cryptocurrency market has grown tremendously over the past decade. Major DEXs (decentralised exchanges) in particular have seen significant gains in the past nine months. This increase has been strengthened even more during the COVID pandemic. The popularization of NFTs and the metaverse craze have greatly increased the interest in cryptocurrencies. Quitriam Finance (QTM) also describes itself as an innovative DEX platform.
The operation of the platform as a DEX is quite similar to that of UniSwap. But unlike UniSwap, where users can only exchange Ethereum (ETH)-based assets, Quitriam members can exchange assets on multiple blockchains.
The purpose of Quitriam Finance (QTM) is to power the new wave of flexible financial markets. Besides, the platform acts as the base layer for storage and liquidity. On the project’s DEX platform, users will be able to customise their trading strategy and adjust it according to the parameters they want.
The QTM token is backed by the value of the Quitriam Finance (QTM) treasury wallet. The amount of minted tokens will always be 1:1 of the treasury wallet. This treasury is constantly fed by fees generated by Quitriam Finance.
The project is focused on eliminating centralised middlemen and establishing a community-driven marketplace for token holders. The project team also underlines that Quitriam Finance (QTM) users can effortlessly perform smart contract-based transactions.
The platform will initially support the leading PoS network Tеzоѕ (XTZ). It is stated that support will be added to networks such as Cosmos (ATOM), Pоlkаdоt (DOT), Cаrdаnо (ADA), Cеlо (сGLD), and Kuѕаmа (KSM) in the future.
You can find Quitriam Finance (QTM) and many other pre-sale coins on the BoostX platform.
Cosmos (ATOM):
Cosmos (ATOM) is a cryptocurrency that claims to offer a new way of handling transactions. The entire system is designed to be fast, scalable, and secure. In order to achieve this, Cosmos uses a number of different technologies, including its own variant of the Proof-of-Stake algorithm.
Cosmos also has its own currency, known as ATOM. Unlike some other cryptocurrencies, Cosmos (ATOM) cannot be mined. Instead, it can only be earned by participating in validating transactions on the Cosmos network.
Cardano (ADA):
Cardano (ADA) is a decentralised public blockchain and cryptocurrency project and is fully open source. Cardano is developing a smart contract platform that seeks to deliver more advanced features than any protocol previously developed.
It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a global collective of expert engineers and researchers. The project is headquartered in Geneva, Switzerland.
Cardano (ADA)’s purpose is to serve as a public blockchain platform for decentralised applications and smart contracts. The ambition is to be the most practical crypto asset, usable for everyday payments and powered by the computational power of its users.
Cardano (ADA) is being built from scratch in Haskell, an industrial-strength programming language with a robust safety-first culture mature enough to be used in mission-critical systems like banking software, aircraft control systems, and medical devices.
Haskell also facilitates formal verification, helping developers to prove mathematically that their code does what they intended it to do, and nothing else. Due to their innovative technology, Cardano seems like a good investment option.
Conclusion:
Quitriam Finance (QTM) platform is still new, and it may take some time before it can be as prosperous as Cosmos (ATOM) or Cardano (ADA). However, the team seems to have a good plan in place based on their roadmap.
Investors should do their own research before investing in any projects and understand that portfolios can both increase and decrease in value.
Based on what we know so far, Quitriam Finance looks like a promising investment opportunity.
If you are interested in Quitriam Finance find out more below:
Presale: https://presale.quitriam.io/register
Website: https://quitriam.io/
This news is republished from another source. You can check the original article here
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