Uwerx is a brand-new crypto project at its presale phase that is seeking to shake up the fast-growing market for freelance workers. By bringing blockchain into the equation, Uwerx will provide solid competition and deliver big gains for investors. It is possible that the project can outperform Ripple (XRP) and Stellar Lumens (XLM) as they are seeking to be payment coins and regulators are looming to slow their progress.
Ripple (XRP) Still Affected by Lawsuit
Ripple (XRP) has been locked in a lawsuit with the U.S. Securities and Exchange Commission (SEC) since December 2020 and that has capped any rallies in the token. The regulator accused Ripple (XRP) executives of selling XRP in an unregistered securities’ sale. The regulator wants to bring crypto projects under the same umbrella as stocks, and they also targeted an exchange and NFT project with similar investigations.
Ripple (XRP) has been unable to mount a decent rally and has never breached its 2017 high, while many other coins hit new highs in 2021. The lawsuit has hampered the progress of XRP with exchange delisting, while the court proceedings are a distraction for developers. Ripple (XRP) has not been able to bring any new initiatives or investments to the project during the legal process.
Stellar (XLM) Faces Stiff Competition
Stellar (XLM) is still positioning itself as a payment token and that is a strategy with a lot of competition. Regulators from China to the United States have taken action on projects and like Stellar (XLM) it is clear that they are working on their own central bank currencies. When that happens, it will be hard for any project to be a currency; the same goes for Ripple (XRP).
Stellar (XLM) has seen its price tumble from $0.27 to $0.10 in the crypto bear market as investor support dries up. The reality is that, much to the dismay of Stellar (XLM) there is no adoption from individuals or businesses for a new payment option. Stellar (XLM) has also hurt investor trust by negative developments in crypto and the majority are not embracing something that they do not understand. Stellar (XLM) can see a rebound with the general market, but the upside may be limited.
Uwerx (WERX) Presale Gets Ready for Bull Market
Uwerx looks to be a project that can outperform current freelance market leaders. The project is seeking to disrupt the market for freelance workers and that is going to be in the crosshairs of the regulators differently. By bringing the gig economy onto the blockchain, Uwerx can slash the fees currently levied on workers (to 1%) and deliver heightened levels of transparency and security for record-keeping and intellectual property rights. Additionally, it seeks to offer never seen before features to enable users to earn more from participating in exclusive events, webinars and more.
Uwerx is currently in a token presale at a price of $0.005 and with a coin supply of 750M, that means a market cap of $7.5M. Upwork, one of the current dominant players in the industry, had a market cap of $7.5B during the pandemic gold rush for stay-at-home service providers. That has slumped in the bear market for tech stocks and crypto but means there is still a big upside for Uwerx.
Investors are confident of increases of up to 8,500% and are of the mindset that they should ditch the old-guard payments companies and get in early to what could be a blue-chip crypto project. Investors should get in whilst they can, to enjoy a 25% bonus. See the links below for more details:
Website: www.uwerx.network
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
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