The play-to-earn sector of the cryptocurrency market has been on a downturn since the heady days when Axie Infinity (AXS) received 2.3 million daily users. The project was hit by the bear market and now faces competition from the likes of Upland, a blockchain game hosted on the EOS (EOS) blockchain. Uwerx (WERX) is a new project that has excited investors and analysts and we discuss the prospects for all three projects.
Uwerx (WERX) Avoids Blockchain Competition
Uwerx will be a new project that aims to exploit the fast-growing market for freelance work. Uwerx will have its own niche in the crypto space and the project can take advantage of a lack of early competition to achieve early successes. Projects such as Axie Infinity (AXS) and EOS (EOS) face fierce competition in the play-to-earn gaming sector, which puts pressure on return on investment.
Uwerx is currently in a token pre-sale and investors can access strong upside potential from a project that could revolutionize a small market. With digital ledger technology, both employers and employees will find benefits. A recent audit was carried out by InterFi Network and SolidProof. There is also a 25-year hold on development funds after the pre-sale has ended, so investors can rest assured that their money is safe.
We are convinced that this could be an opportunity to get into a future blue-chip cryptocurrency at an extremely good price. Some analysts believe that the WERX coin could rise 8,500% from its current price of $0.0065 and see a blue chip level coin price of $2.60 by 2023.
Axie Infinity (AXS) looks forward to an eSports future
Axie Infinity (AXS) has explored a future in esports to add diversification to the gaming project. Axie Infinity (AXS) came on the scene and popularized the play-to-earn theme in crypto, but its success didn’t last. At its peak, Axie Infinity (AXS) had 2.3 million daily users. A drop in token prices and NFTs took the wind out of the project’s sails and the price collapsed from $160 to around $6. The problem for Axie Infinity (AXS) is that competition has arrived in P2E. The project has also lost investors after a massive hack of the Ronin network that hosts the Axie game.
Developer Sky Mavis has been laying the groundwork with the esports community since late 2021, but is now moving forward with its partnership with Cloud9. The group is one of North America’s most prominent esports teams, and that could open up a new user territory for Axie Infinity (AXS), which has seen a major drop in active users. The esports community is a bit skeptical of blockchain after the recent bear market.
EOS (EOS) wants to capitalize on Upland’s performance
EOS (EOS) is an old-school crypto project that was a regular top ten coin before 2020. The EOS (EOS) platform was launched in 2018 to emulate Ethereum with a platform for building decentralized apps. However, the project has since suffered from the advent of crypto competition and EOS (EOS) has dropped in the project pecking order. The project’s new development team blamed the heavy influence of the previous Block.One developer and their control and neglect of the EOS chain.
EOS (EOS) is now trying to find success in the game-to-earn gaming world with the popular Upland game. Speaking in Davos, Upland’s co-CEO Dirk Lueth announced a new metaverse app. Upland is a metaverse platform geographically mapped to Earth using open source technology and hosted on the EOS blockchain. The project wants its “Super-App” to be the evolution of social media as a place to manage assets and business, while also communicating with brands and communities.
We believe Uwerx offers the most exciting opportunity for investors, it has strong fundamentals and the potential to become a blue-chip crypto project. See the links below to find out how you can invest in this exciting pre-sale – before the price increases from $0.0065 to $0.0075, you’ll earn a 25% purchase bonus and enter a contest to win $5,000:
presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network/
