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Yet another bonus for SSW holders is the referral system offered; up to 5% for referrer and referee. There is a 3% fee on each purchase of SSW and there will be a 5% fee on each sale. Seesaw Protocol’s (SSW) popularity is soaring; the project has risen by 10% https://www.xcritical.in/ in the last 24 hours, 50% in the last week and an incredible 1500% over the last month. If these percentages continue at the same rate, you could be looking at another 3000% increase before the coin officially launches in April, and that’s only the beginning!
The investors lose out and the creators make off with their money. After the huge successes of 2021, in which almost every coin broke through to reach new all-time highs, it is not a surprise that many people are rushing to create new projects. Unfortunately, not of all these creators have the best intentions. This is also when the project is expected to launch on Uniswap. The fact that the project is backed by an anonymous team is also concerning to some people. Bitcoin continues to dominate the crypto market, yet its creator, Satoshi Nakamoto’s true identity, is yet to be known to date.
Considering there is still more than 7 weeks remaining in the presale, including 2 more stages, now is still an early time to invest in SSW. The price of Seesaw Protocol will continue to rise and not decrease until the project officially launches in April 2022. The creators behind EOS chose to extend their ICO for the best part of an entire year; 350 days. They were divvied up by the ratio of investment rather than on price alone.
SSW aims to help provide educational resources in the Metaverse, making learning more accessible, more diverse, and more fun. This is clearly attracting investors, as SSW is rising at a rate of around 10% a day, and some analysts have predicted it will explode by more than 7000% by the conclusion of the presale. EOS’s utility is to allow developers to build dApps (Decentralised Apps) on its open-source platform.
And this helps ensure that the developers won’t redeem liquidity pool tokens. A shopping website created less than 4 months ago is too new and potentially suspicious. Alongside its cross-chain capacity, Seesaw has plans to delve into the metaverse and has earmarked digital learning as the key path as they look to venture into the virtual world. Crypto investing is a venture that requires a lot of research to be had to make the best decision on which project to invest in. Uncertainty seems to be the only staple, fuelled by an ever-changing, ever-moving society with continuing of technological and military advancement.
Its aim was to make blockchain technology more accessible and therefore further enable programmer adoption of cryptocurrencies and FinTech as a whole. When compared to some other major blockchains, EOS has an advantage when it comes to scalability. At the time of writing, EOS is worth $2.47, up 3% over the past 24 hours. And in the process, allow folks to find the best speeds and lowest fees to carry out transactions. Considering the high gas fees, slow speeds and security issues of some networks, this project has a lot of upside potential.
Is Seesaw Protocol (SSW) a Scam? How to Avoid Cryptocurrency ‘Rug Pulls’
Almost all of the top trading coins have lost more than 10% in the last 7 days. Along with Bitcoin (BTC) and Ethereum (ETH), two of the biggest losers were Binance Coin (BNB) and Avalanche (AVAX). Cryptos that have been around for a long time have seen their value fall, but newer projects like Seesaw Protocol (SSW) haven’t been hit. In fact, the soon to be released DeFi project has increased by 49% over the past week and looks set to continue to grow, with two stages of its presale still to go. TheSeesaw Protocol ($SSW) has been a must-have new coin since its launch in mid-January 2022. SSW can allow stockholders to gain profits in multiple ways via re-distribution of fees per transaction and referrals.
On April 14th, the tokens experienced their all-time high price, trading at $0.46. Typically, performing transactions on other blockchains with a different cryptocurrency requires using a cryptocurrency exchange platform. Naturally, the DEX platforms demand a crypto conversion or exchange fee which can cost astronomically for transactions of higher value. Seesaw Protocol aspires to be a cryptocurrency designed to bridge multiple blockchains, solving an important interoperability problem within the emerging field.
These industry titans have invested in currencies such as BTC (Bitcoin) and AVAX (Avax) (Avalanche). The new interest in SeeSaw Protocol, which is now in its presale stage, has a lot of people thinking about this coin. In this essay, we will strive to address every question, from the perspective of a novice to that of a seasoned investor. The whitepaper does not divulge this information; however, it’s worth noting that there are numerous “legitimate” cryptocurrencies with anonymous creators and teams, including Bitcoin. Let’s say just the promise of a multi-chain fully decentralized finance platform were enough to pique your interest.
- Naturally, the DEX platforms demand a crypto conversion or exchange fee which can cost astronomically for transactions of higher value.
- The Dogs of Elon ($DOE) bills itself as a special meme coin project, because it is!
- Dogelon Mars’s (ELON) association with Elon Musk is a clever marketing ploy to help it gain traction against the hundreds of other available meme coins.
- The initial month of presale completion raised its value by over 2500% with greater ascend expected after Q3.
- As a technology platform that enables the scaling of connection between blockchains, Polygon was originally launched to grow Ethereum-compatible projects.
Think of Filecoin as the world’s biggest and most effective filing cabinet, a decentralised storing system. One of its many benefits is its long-term potential as it places great emphasis on getting https://www.xcritical.in/blog/what-is-seesaw-protocol-everything-you-should-know-about-ssw/ children across the world excited about new technology. Seesaw Protocol ($SSW) aims to invest in and educate younger generations on the many uses of future technology within the Metaverse.
Restructuring for Future Growth: Farmers Insurance Implements Workforce Reduction of 2,400 Employees
Seesaw Protocol (SSW) is a new cryptocurrency that is currently in a “presale” stage ahead of its launch in April. Some developers will take advantage of the lack of knowledge that some potential investors have about crypto and defraud them of their money. Thanks to the mostly decentralized nature of the crypto market there is often nothing that can be done to halt scams and scammers. Seesaw Protocol (SSW) is a decentralised finance (DeFi) cryptocurrency that serves as a bridge across multiple ecosystems. Holders of SSW will be able to bridge between Ethereum (ETH), Polygon (MATIC) and Binance (BNB) to choose the fastest and cheapest network for their transaction.
This allows holders and users to switch at highly attractive rates and can be economically advantageous with its potential solutions for many scenarios. SeeSaw Protocol, a cryptocurrency based on blockchain technology, is a type of electronic money. The core notion of blockchain is that it is a distributed ledger, which means that it requires consent among the parties involved whenever a transaction is made. As a technology platform that enables the scaling of connection between blockchains, Polygon was originally launched to grow Ethereum-compatible projects. With constant rewards handed back to holders every time someone buys or sells SSW, there is a clear incentive to hold for extended periods.
While some are advising caution, others are waiting to gain more knowledge regarding the project. It is because the SSW protocol initially didn’t even have a Whitepaper mentioning its Proof of Concept. Dogecoin (DOGE) has dropped more than 70% since its all-time high in May 2021, a prevalent theme among cryptocurrencies. History has repeatedly shown that investing in a cryptocurrency before it launches is the best way to see amazing gains.