The development of cryptocurrencies has had a wide range of effects on the financial system. Investors were upbeat about the future of coins like Polygon (MATIC) and Polkadot (DOT), currently among the most actively traded cryptocurrencies. The recent downward trend has caused investors to rethink their investing approach and to look to presale projects with a lot of real world use-cases like Sparklo.
Sparklo (SPRK): Redesigning Blockchain Investment
Sparklo is an investment platform allowing people to fractionally or entirely invest into precious metals like gold, silver and platinum. Each investment will trigger a transaction on the blockchain to mint and fractionalize a tangible NFT.
Sparklo uses the power of the blockchain to provide security and transparency without the need for an intermediary. Sparklo is currently in stage 2 and the token is selling for $0.022. Moreover, the InterFi network has audited the platform and is considered fully secure.
The liquidity is also locked for 100 years to prevent a rug pull and analysts predict a jump in its value by 1,500% in the upcoming months. We believe Sparklo will be one of the top investments of 2023.
Major brands’ adoption of Web3 shifts to Polygon (MATIC) in 2023
According to research from NFT Tech, established brands continued to utilize Web3 in 2023, with activity shifting from the Ethereum network to the Polygon (MATIC) network. While 43% of the 241 projects launched in 2022 used Ethereum, the most popular blockchain, Polygon (MATIC) had a 23% share. But in Q1 2023, Polygon (MATIC) overtook Ethereum as the market leader with a 41% share, followed by 34%. Since the beginning of 2022, over 79 brands have introduced NFTs on the Polygon (MATIC) network, with 28 of those products appearing in Q1 2023.
With 17 digital collectibles released by prominent companies in the first three months of the year, Decentraland, a metaverse initiative that runs its collectibles marketplace on Polygon (MATIC), was a pivotal contributor to the increase. The switch to Polygon (MATIC) may result from its cheaper transaction costs and quicker transaction times than Ethereum, making it a desirable choice for businesses wishing to start blockchain initiatives.
Polkadot (DOT) the web3 foundation testifies on digital asset regulation before the United States House of Representatives
Daniel Schoenberger, Chief Legal Officer of Web3 Foundation, recently spoke before the US House of Representatives about the possibilities of Web3 and the Polkadot (DOT) network. During the hearing, titled “The Future of Digital Assets: Measuring Regulatory Gaps in Digital Asset Markets,” Schoenberger emphasized Web3’s potential to revolutionize the internet and bring unparalleled efficiency, innovation and connectedness. He reiterated that Web3 wants to give people back control of their data, making the internet more decentralized, safe and user-centric.
Schoenberger also introduced lawmakers to Polkadot (DOT), which he described as a next-generation blockchain protocol that connects an ecosystem of purpose-built blockchains, allowing them to function together while sharing security, interoperability and scalability. Schoenberger suggested creating a balanced, suitable and accountable legislative and regulatory framework to handle these difficulties.
Find out more about the presale:
- Buy Presale: https://invest.sparklo.finance
- Website: https://sparklo.finance
- Twitter: https://twitter.com/sparklo_finance
- Telegram: https://t.me/sparklofinance
