Is BoostX Making Way For The Next Ethereum (ETH) and Solana (SOL)?

By Team MyNationFirst Published Jun 21, 2022, 3:08 PM IST
Highlights

BoostX Finance is a launchpad that has become a gateway to newer tokens entering the market. Given the enticing features of tokens that currently sit on its platform, the launchpad wields the potential to release the next big crypto player in the industry.

The crypto industry is continuing to expand despite the market crashes and growing scepticism. In such testing times, new cryptocurrencies are evolving with features that might secure investors and yield greater returns. In light of the recent LUNA crash, many investors are turning to new crypto tokens that are not as volatile as their big brother coins.

BoostX Finance is a launchpad that has become a gateway to newer tokens entering the market. Given the enticing features of tokens that currently sit on its platform, the launchpad wields the potential to release the next big crypto player in the industry. 
Ongoing Journey of Ethereum (ETH)

The DAO—a set of smart contracts established on the platform—raised a record US$150 million in a crowd sale to fund the Ethereum project in 2016. The Merge, a forthcoming event, will switch Ethereum's consensus method from Proof-of-Work(PoW) to Proof-of-Stake (PoS). Currently scheduled for release in the third quarter of 2022. 

New ETH tokens are minted and transactions on the network are validated through mining. What's mining? Mining entails the use of high-end energy-intensive machines to solve complicated mathematical challenges. When the network is converted to proof-of-stake, the "miners" will be replaced by "validators," who stake ETH to validate and protect the network in exchange for ETH. Hence, in a socially conscious manner, ETH is moving towards a much more sustainable approach. 

This will reduce the gas fees and has the potential to reap bigger profits on the invested amount. All in all, ETH is set to become a financially secure and profitable investment for Web 3.0 enthusiasts. 
 

Success Story of Solana (SOL)

Solana (SOL) was established by Anatoly Yakovenko and is based on the Proof-of-History (PoH) timekeeping technique for distributed systems. Proof-of-history helps to solve the scalability and time issues associated with reaching a consensus on transaction orders. 

SOL can process around 65000 transactions per second with absolutely no costs and extremely low gas fees. This ensures SOL's efficiency, affordability, and long-term survival, three of the most compelling and highly sought features of any cryptocurrency. 

Solana’s recent history proves it’s able to reward its investors with a generous and heavy return.

BoostX Introduces Futuristic Tokens

BoostX Finance is a multi-chain launchpad dedicated to assisting crypto startups in raising financing and cultivating a loyal investor base. This platform now has the most advanced launchpad technology on the market today.

Another distinct feature of BoostX is that its system allows any type of investor to receive equal access to exclusive crypto presales, and anyone who wishes to invest in a much-anticipated coin before it hits the market is welcome to join this dependable launchpad.

Pac-Man Frog, Quitriam Finance, Securipop, Parody Coin, and other suitable solutions are currently accessible at BoostX. The new currencies' availability on BoostX bestows yet another stamp of legitimacy, allowing investors to feel more confident in their financial decisions. These coins have all the potential to evolve as the next big enticement for investors and BoostX could be the perfect entrance to this crypto future. 

Check out the freshest presales here:
https://www.boostx.finance/

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Last Updated Jun 21, 2022, 3:08 PM IST