Mid-March Watchlist: VeChain (VET) and SeeSaw Protocol (SSW)
This content is provided by a sponsor
Recent weeks haven’t been kind to financial markets. Cryptocurrencies have been swinging up and down, highlighting high volatility levels, but also potential opportunities!
This article will present two cryptocurrencies with attractive growth prospects for the future!
VeChain (VET)
VeChain (VET) is a blockchain platform that aims to improve logistics and supply chains management across the economy.
VET’s distributed ledger technology allows its users to access details about the authenticity and quality of the products they purchase on the platforms using the VeChain blockchain.
VET’s platform transforms dynamics between suppliers, manufacturers, and distributors in the traditional supply chain by removing the need for trust between parties and replacing it with automated processes. In turn, this makes supply chains more secure and cost-effective.
VET’s smart contracts also facilitate individual product tracking and automatize certain transactions, reducing friction time within supply chains. Unlike other crypto projects in the supply chain industry, VeChain focuses exclusively on supply chain optimization and data tracking, making VET all the more competitive.
VET therefore appears as a highly scalable project with a lot of potential, particularly as supply chains are becoming ever more complex and geographically wide. Interestingly, VeChain resorts to the lesser-known Proof-of-Authority (PoA) consensus mechanism rather than the more widespread Proof-of-Work (PoW) or Proof-or-Stake (PoS) mechanisms.
The latest drop in VET’s price suggests an attractive opportunity for long-term-oriented investors!
SeeSaw Protocol (SSW)
SeeSaw Protocol (SSW) is developing a decentralized community to promote children’s financial education around the world.
SSW is a multichain project planning to launch on Binance Smart Chain, Polygon, and Ethereum starting from April 2022. This initiative benefits investors as they will enjoy the best trading conditions across three different blockchains at any given time.
Currently, SSW is still conducting its presale round, offering a compelling opportunity for investors with a higher risk appetite and willing to get in early.
SSW appears to be following Safemoon’s (SAFEMOON) steps in the development of its tokenomics, allocating a percentage of each transaction taking place within its ecosystem to its liquidity pools, marketing reserve, and token holders.
For instance, if someone decided to sell 100 SSW tokens, 3 of them would automatically go to SeeSaw’s liquidity pools, 1 to its marketing reserve, and 1 would be split equally among all SSW token holders.
Every single transaction taking place within the SSW ecosystem therefore increases its liquidity exponentially, creating upwards pressure for SSW token over time and benefitting all token holders.
SeeSaw Protocol appears to be a solid project with attractive growth prospects. SSW token already made some headlines by generating a 2000% return since mid-January, and its price does not seem willing to go down anytime soon. SeeSaw Protocol also enjoys strong and growing community support on social media, suggesting an interesting trading debut.
SSW’s last presale round is due to close on April 8th, after which the token will be exchangeable on PancakeSwap.
Disclaimer: This publication is sponsored. Coinspeaker does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or other materials on this web page. Readers are advised to conduct their own research before engaging with any company mentioned. Please note that the featured information is not intended as, and shall not be understood or construed as legal, tax, investment, financial, or other advice. Nothing contained on this web page constitutes a solicitation, recommendation, endorsement, or offer by Coinspeaker or any third party service provider to buy or sell any cryptoassets or other financial instruments. Crypto assets are a high-risk investment. You should consider whether you understand the possibility of losing money due to leverage. None of the material should be considered as investment advice. Coinspeaker shall not be held liable, directly or indirectly, for any damages or losses arising from the use or reliance on any content, goods, or services featured on this web page.
