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As we approach 2023, the cryptocurrency market has expanded and is now valued at over $800 billion. With a projected CAGR of 12%, it is the perfect time to get involved in the crypto market. Ethereum ($ETH), HedgeUp ($HDUP), and Decentraland ($MANA) are all great options to explore.
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HedgeUp: A Gateway to Alternative Investment Products
HedgeUp is a platform that allows crypto users to gain access to the global markets of niche products such as wine, luxury watches, aviation, gold, and art. These products act as a hedge against market volatility, thereby shielding users from potential losses. The network has a native token called $HDUP, which is used for all kinds of transactional purposes, such as staking and earning rewards. Holders of the token who purchased it on the presale have a minimum vesting period of a month.
On the HedgeUp platform, users can purchase alternative assets in ‘baskets’ of products. In addition, the network also has a non-fungible token (NFT) series that allows users to become fractional owners of a given asset.
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Decentraland’s Film Club Competition
Decentraland is a play-to-earn platform. It has a native token called $MANA, which is used for all kinds of transactional purposes. The platform’s governance structure is based on the decentralized autonomous organizations (DAO) model, which allows $MANA token holders to take part in the daily operations of the platform via voting rights.
In celebration of Decentraland’s birthday, the team has launched their Film Club 2023 contest. Participants have to shoot a 30-second video about what they love about the platform and post it on Twitter. 10 lucky winners will receive Vive Flow VR headsets by HTC M. East & Africa as well as $MANA tokens.
Ethereum’s Shanghai Upgrade
Ethereum is a blockchain-based platform with a native token called $ETH, which facilitates various kinds of transactional use cases. It is compatible with many other blockchains and virtual machines. Ethereum rolled out protocols for building digital assets, like the ERC-20 and ERC-721 protocols.
The network is set to launch its Shanghai upgrade in March. In addition, the team is also working on a ‘devnet 2’ that will allow users to customize the $ETH withdrawal process. Last year, Ethereum also underwent a major software upgrade, dubbed ‘The Merge’, which decreased its energy costs and consumption by over 90%.
HedgeUp has been receiving a lot of positive feedback from crypto analysts, many of whom believe that the $HDUP token has the potential to achieve 100x returns in the future.
For more information on HedgeUP click the links below:
Presale Sign Up: https://app.hedgeup.io/sign-up
Official Website: https://hedgeup.io
Community Links: https://linktr.ee/hedgeupofficial
