Is it possible that Aptos could ever become the next Ethereum?
Before its October launch, Aptos was one of the most-hyped blockchain projects ever. Can it deliver what it promised?
If you’ve been active on social media and keeping up in the crypto space, you’ve read that Aptos is the latest crypto project in which venture capitalists, are heavily investing. And as an investor, you may be wondering if Aptos is just hype or something to invest in. Let’s explore the proposed features of the Aptos blockchain, its tokenomics, and whether it's worthy of your investment.
Watch this video all the way through because we're also going to share with you two other cryptos which we believe will explode in 2023.
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Now, let's get started.
The question most people have is: Why are VCs so heavily invested in Aptos? Before we explain, let’s take a look at who’s behind this blockchain.
In 2021, Aptos was founded by a group of ex-Meta employees who were previously in charge of Meta’s Diem blockchain project. That was shut down in January 2022. The Aptos blockchain is based on the Diem blockchain initiative and uses the same Move programming language that was developed for Diem.
Aptos was introduced to the public in February 2022. With a highly experienced team of blockchain researchers and designers with the same dream of developing the safest and most scalable Layer 1 blockchain, Aptos quickly gained the attention of reputable VCs who believed in their vision.
Furthermore, due to its proposed architecture that combines Block-STM technology, Move programming language, and BFT consensus, Aptos stood out from the rest of the Layer 1 blockchains in the crypto space. In March 2022, Aptos managed to secure $200 million in funding from such VCs as Andreessen Horowitz, Coinbase Ventures, FTX Ventures, Kathryn Haun, and Multicoin Capital.
Within the same month, Aptos released its developer testnet and achieved 20,000 full, active nodes. In May it launched the first of its four-stage incentivized testnet and received 30,000 applications from people wanting to validate the network. At this point, Aptos claimed its blockchain can process up to 160,000 transactions per second (TPS). To put this in perspective, Solana, one of the fastest chains, has a transaction speed of only 3,000 TPS.
With that kind of speed, it’s no wonder Aptos quickly raised $150 million in July from other VCs, as well as previous investors, such as FTX Ventures and more.
All this has made Aptos one of the most promising projects in the DeFI space.
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Now, the D2T token is another cheap crypto-currency with great growth potential for 2023.
Dash 2 Trade is a project that is still in the starting phase. However, it has already managed to attract the attention of investors. It currently has a community of about 70,000 people.
The main goal of Dash 2 Trade is to simplify the trading process. To do this, the platform provides access to a wide range of tools. For example, users will be able to track social sentiment regarding new tokens. This way, they will be able to more easily recognize crypto-currencies with high potential. On the project's website, users will also be able to track the start of pre-sales and the quotes of selected coins on exchanges.
The platform has its own D2T token to which users can subscribe to the platform. Investors will even have the opportunity to buy the token at a very low price. The first phase will end on January 31, or if there are no more tokens available now. After that, the second phase of the pre-sale will start with a slight price increase. Investors can buy the token in three ways: using ETH, USDT, or by credit card.
Now, there are a lot of reasons why Dash 2 Trade is going to explode.
First of all, more than 7 million dollars have already been invested in the D2T token pre-sale.
Moreover, the Dash 2 Trade project has solid fundamentals and is based on an ambitious and promising whitepaper. And finally, Dash 2 Trade answers a growing demand from investors and could therefore seduce a large community.
ApeCoin is another crypto-currency of great interest for this coming year 2023. It could explode on the market as soon as the year changes. It is a cheap cryptocurrency that is popular with buyers. ApeCoin is the token used to run the Ape DAO associated with the Bored Ape Yacht Club NFT collection.
Rumors that Bored Ape Yacht Club was planning to launch its own metaverse had sparked investor excitement around the crypto-currency. ApeCoin holders can use the tokens to make transactions within the project.
ApeCoin is built on ERC-20. The project's founders are now using the token to expand the platform's capabilities, in addition to encouraging the creation of a decentralized community in Web 3.0. There are only advantages to investing in ApeCoin(APE). If you're wondering which ones, here are some of them:
It lends itself to multiple uses: the ApeCoin is used as a payment method but also as NFTs rewards that can be cashed out immediately. The token has also been adopted as an exchange coin in some play-to-earn (P2E) games.
It is the utility token of one of the most popular and best-selling NFTs, Bored Ape Yacht Club (BAYC), an NFT project by Yuga Labs.
It is listed on most exchanges: it was one of the fastest listings for a token on the major exchanges.
In addition, the APE should be integrated into several metaverse projects such as Otherside's for example. Among other things, the ApeCoin will be used to buy virtual land, play games, and buy services. The APE crypto gives you a right to vote: its ownership gives you the right to vote for any proposal within the DAO of ApeCoin. Here are some reasons why you should consider adding ApeCoin to your wallet.
With that being said, if you're looking for other promising cryptos with 100X potential to add to your wallet, check out this video at the end screen.
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