Ripple and Internet Computer are two projects that initially brought much excitement to the crypto community. But how have those aims lived up to reality, and where are their tokens likely to go next?
And now that we are in a wiser and more mature crypto economy, which new project has forecasters expecting gains in the 10,000% area?
Ripple may never recover from the SEC’s lawsuits
In some ways, Ripple is a project that is most true to the ethos of Bitcoin and crypto, making global payments easier regardless of whether they are crypto or fiat. But there is a key difference which is that while one of Bitcoin’s strengths and key features is that it is decentralized, Ripple is fully centralized, with 100% of the coins premined.
But Ripple’s problems go further than that. According to Daniel Kuhn (deputy managing editor for Consensus Magazine), Ripple’s customer base is dwindling due to the problems faced by the ongoing SEC vs Ripple case. Both Santander and Moneygram backed out of deals with Ripple due to the lawsuits and technical issues.
Ripple has recently founded its own stablecoin, something that is very lucrative, but a pivot which Kuhn as a kind of admission that the current model of Ripple just isn’t working.
Internet Computer – VC madness or currency for the people?
Internet Computer is one of those projects that some people love and others hate. Like Ripple, Internet Computer defies the tradition of decentralization. And, like Ripple, Internet Computer made a huge splash when it was new, attracting funding from massive VCs like A16z.
On the other hand, ICP’s aim, according to its founder Dominic Williams, was to free people from needing to use Amazon or other online giants like Google. A reliance that Greek politician and economist Yanis Varoufakis calls ‘Technofuedalism’ because sellers and those hosting their sites with AWS are now, in his view, effectively sending tithes to Amazon.
However, when we look at the charts, the coin was launched at around $700, a far cry from its current price of $14.69 causing many to view the project as mere vaporware.
While the coin is up by 175% over the past year, and may then have room to grow, there is a better bet for those who like to take a punt and the name is Rollblock.
Online Casino + Blockchain = Jackpot?
Rollblock is quickly becoming one of the hottest new utility tokens in the space. Currently in its presale, the project focuses on applying blockchain technology to the $75 billion a year online gambling market. Its digital casino, which is already live, currently showcases over 100 of the hottest casino games from blackjack, slots, poker and roulette.
Rollblock will soon be introducing sports betting to the platform, where users will be able to bet across a huge market of events like NBA, NFL, Soccer, Tennis, Formula 1, Boxing and much more.
Something that has really caught the eye of many investors is Rollblock’s revenue sharing model. Up to 30% of the daily revenue will be shared with $RBLK holders. This will be done firstly by Rollblock buying back and burning large amounts of $RBLK tokens from the open market – which could amount to millions of dollars worth of tokens burnt each and every week. This would make the $RBLK token highly deflationary and increase scarcity across the crypto market. As well as burning tokens, Rollblock will also use the tokens it purchases to offer some of the highest yield staking rewards on the market, making it a true passive income powerhouse.
With this unique approach to online gambling and with the industry expected to be worth over $200 billion a year by 2030, analysts are predicting over a 100x price increase by the end of 2024.
RBLK is now in presale stage 1 priced at just $0.01 a token. Those getting in now can know that they are on the very first rung of the token’s journey, with it expected to increase by 840% alone.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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