Here we are, markets have stabilized, and investors have taken the hit from the Russian invasion of Ukraine.
What now, have investors sniped all good bargains already? Certainly not, there are always attractive opportunities out there, just need to turn a couple more stones over.
In that article, you will find three potential investment ideas with interesting prospects. Naturally, risk appetite varies from investor to investor and these projects might not suit you – don’t forget to do your own research before investing!
Polkadot (DOT) is undoubtedly a leading project and a major player in the crypto space. With a market cap hovering over $22 billion, Polkadot consistently appears in the Top 15 largest cryptocurrency projects.
Polkadot was co-created by Gavin Wood, a celebrity in the crypto community as he was one of Ethereum’s co-founders and invented Solidity, the programming language used to code smart contracts on the Ethereum blockchain.
But what makes Polkadot so interesting? Well, while most crypto projects usually focus on building their own blockchain, cryptocurrency, or technology in general, Polkadot takes a step back and aims at connecting networks that have previously been developing autonomously.
This particular field of work is now known as interoperability; in short, the ambition of connecting different isolated blockchains together, allowing users to navigate them seamlessly. Interoperability projects have been growing in popularity over the past months as investors have come to realize the potential of such advancements.
Other important projects working on blockchain interoperability include Cosmos (ATOM), Waves (WAVES), and Quant Network (QNT).
Concretely, Polkadot does that by creating two sets of blockchains, the Relay Chain and parachains. The Relay Chain is Polkadot’s main network, where all transactions are eventually centralized, while the parachains are secondary chains that work autonomously and help the Relay Chain to process transactions.
On top of that, the Polkadot ecosystem is connected to other blockchains through bridges, allowing users to navigate easily different ecosystems including Ethereum (ETH), Bitcoin (BTC), Cosmos (ATOM), and EOS (EOS).
All in all, Polkadot appears as a project with tremendous ambitions, and its status as a major player in the cryptocurrency space and a potential future “Ethereum killer” is widely justified – definitely a project with a lot of potential in the year to come…
Quant (QNT) is another interesting player in the field of interoperability. In fact, Quant Network was one of the very first projects to address the challenge of blockchain interoperability.
Launched in mid-2018, Quant has shown its ability to weather crises and periods of intense market movements and is now firmly anchored in the Top 70 largest crypto projects, with a market cap surpassing $1,5 billion.
Quant Network distinguishes itself for having developed an operating system called Overledger, which can be described as a gateway that connects different distributed ledger technologies (DLT).
Besides, Overledger allows developers to create decentralized and multichain applications (respectively dApps and mApps) which can be run on different networks at once.
With investors’ clear appetite for ambitious projects aimed at interconnecting and scaling, there is no doubt that Quant will benefit from that trend and is well placed to provide strong returns over the long term.
Moving on from interoperability projects and looking into liquidity protocols now. Quitriam Finance (BARS) is a project that aims at becoming the new-generation decentralized Automated Market Maker (AMM).
A what? No worries we’ve got you. An Automated Market Maker, or AMM, is an essential part of any decentralized exchange (DEX), whose primary role is to provide sufficient liquidity to allow smooth trading across the DEX. Famous AMMs in the crypto space are Uniswap (UNI) or PancakeSwap (CAKE).
As such, AMMs are generally associated with Decentralized Finance (DeFi), an emerging and increasingly popular type of finance that, amongst other things, aims at replacing intermediaries in the financial system, such as banks and other financial institutions, by automatic smart contracts.
This lesser-known project is currently in its early stage and undergoing its presale for $0.000011 per token. Presales are often interesting opportunities as they give access to projects early on and create opportunities for significantly higher returns, but it is important you do your own research carefully before, as higher reward inherently implies higher risk.
Nevertheless, Quitriam Finance undoubtedly shows ambition in its whitepaper, notably with plans to deploy its own exchange called MithrilFinanceSwap, dedicated liquidity pools to allows users to deposit funds and earn interest on them, and even an NFT marketplace, stay tuned for their launch!
For More Information See Here:
https://www.instagram.com/quitriam_finance
https://twitter.com/quitriamfinance
https://t.me/QUITRIAMFINANCEOFFICIAL
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