The post Trending Cryptocurrencies Conflux (CFX) And Uwerx (WERX) appeared first on Coinpedia Fintech News
As the market expands and opens up more possibilities to make money, users are catching up on trending cryptocurrencies like Conflux (CFX) and Uwerx. Uwerx has been the most exciting project in the market over the past few weeks, raising over $1 million on presale. The new freelance platform merges crypto with its freelancing solution and aims to help users make the most of the global gig market.
Also, continue to read to learn more about Conflux (CFX) and recent development with the chain.
Conflux (CFX) Recent Price Action
Conflux (CFX) is a quick and affordable blockchain that refers to itself as the first publicly accessible blockchain in China that complies with regulations. Conflux has secured some local and international partnerships with companies, including McDonald’s China, Shanghai and Oreos.
The price of Conflux Network (CFX) tokens increased earlier as traders paid more attention to the blockchain network, which some have dubbed the “Chinese Ethereum.” This token surge is believed to be because Hong Kong decided to allow retail investors to trade cryptocurrencies, which could lead to an influx of capital from Chinese investors.
With the new legalization of crypto retail trading, the narrative for the next bull market is evolving. Most crypto enthusiasts believe that the East will fund the next bull run, and as such, we have seen some supposed Chinese tokens take some good price action.
Uwerx (WERX) Is Trending
Uwerx is a new freelance platform that is trending, particularly for its progress on presale. Uwerx looks promising, and smart investors are taking the opportunity to get in as early as the funding rounds allow. Uwerx is moving at unprecedented speeds, and the project recently launched its Stage 5 presale.
Uwerx is built on the Ethereum blockchain, allowing the project to put the resources available with this unique technology to the best use. Being on the blockchain allows it to utilize desirable features such as decentralization, community governance, and incentivization. With these three core features, Uwerx can give back more value to the users.
A more decentralized platform means that users can have a say in the features they would like to see, and the DAO ensures that the platform can hold consensus, which allows WERX holders to create proposals and vote for other suggestions to move the project forward.
Uwerx also incentivizes the platform, allowing users to earn rewards for being active on the platform. WERX also serves as the platform’s utility token; however, Uwerx allows users to transact in other cryptocurrencies, solving a major payment barrier with existing freelance sites.
Top sites like Upwork and Fiverr charge between 10% – 20% for fees on the platform, and with Uwerx’s 1% flat fee, you can bet on the new platform to outperform existing sites in months to come.
You can enter the presale and buy WERX at $0.047725 while the offer lasts. You also get 15% extra WERX tokens if you enter now.