Cryptocurrencies have come a long way in terms of adoption and value in the past few years. As a result, people are shifting their attention to cryptocurrencies. There is no doubt that cryptocurrencies will have great potential in the future.
In 2022, the cryptocurrency market experienced a titanic collapse. In the summer of 2022, the market reaches its lowest point and has been struggling to recover. For many weeks, crypto enthusiasts could not handle the abrupt loss, but things are finally looking up.
The trading volume has peaked, making a comeback. However, many people out there still have doubts and questions about them.
Lynqyo (LNQ) is a new cryptocurrency that aims to provide web3 tools and applications, to scale and monetise their content and communities. It perfectly fits the concept behind NFTs. Keep reading to learn more about it.
Lynqyo (LNQ) – The New Crypto
Lynqyo (LNQ) is a decentralised protocol that enables discovery, evaluation, licensing and change of non-physical content. This platform provides a framework so that every item of non-physical can be tokenised, and possible to own a fraction of this asset. In addition, its application-specific ecosystem enables the implementation of several protocols for creators designed specifically for liquidity.
As a governance token, this platform gives holders voting rights for the election of validators and council members and adjust key parameters through referendums. In addition, it provides users with a set of web3 protocols, tools, and applications to empower creators to own, scale, and monetise content and communities.
With its content economy protocol, this platform provides an application-specific ecosystem that implements several protocols for creators. Furthermore, with its unique system, Lynqyo (LNQ) ensures continuity and infinity in the crypto payments subscription space with a structural payment option called thrust subscription.
Aave (AAVE) – The Non-Custodial Protocol
Aave (AAVE) was created in 2017, a non-custodial protocol for liquidity borrowers and providers with some of the largest market sizes and lending pools across the blockchain world.
It is an open-source DeFi protocol built on the Ethereum network and exposed to many cryptocurrencies without buying them. By converting centralised financial services over decentralised equivalents, Aave (AAVE) aims to solve the most pressing challenges in the financial industry, especially in the lending and borrowing sector.
This platform uses a system of smart contracts that enables assets to be managed by a distributed network of computers running its software. It does not trust a particular institution or person to manage funds. Instead, they demand only trust that its code will execute as written.
Chainlink (LINK) – The Decentralised Network
Chainlink (LINK) is a decentralised network launched on the Ethereum blockchain that provides real-world data from third-party sources on blockchain smart contracts through oracles. This platform aims to solve issues with connectivity between blockchain and smart contracts by allowing smart contracts access to various resources.
Built to be agnostic, Chainlink (LINK) runs on different blockchains simultaneously to enable external blockchains, such as API integration, in exchange for data feeds. Additionally, using smart contracts allows this platform to access real-world data, payments, and data without sacrificing security.
Final Verdict
Lynqyo (LNQ) is in the presale stage and has come up with one of the unique ideas to conquer the web3.0 community. It has surpassed all expectations at such an early stage, and crypto enthusiasts are excited about its launch. Just like other cryptocurrencies, Aave (AAVE) is over-collateralised and decentralised lending thrives on customers locking up crypto assets.
Another unique feature that makes Lynqyo (LNQ) different from other cryptocurrencies is its bonus amount in the presale stage. You get a 7% bonus on your deposit during presale stage 1. Additionally, if you sign up in 10 minutes, you will get 25% cashback on your deposit.
Disclaimer: This is a sponsored article, and its views do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece.