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FreeWoly Looking to Become Token Favourites Just Like Ethereum and Helium

Place/Date: - August 15th, 2022 at 3:31 pm UTC · 3 min read
Source: FreeWoly

Every coin holder in the world of cryptocurrency has a favourite coin. These are coins they always have in their portfolio no matter what. According to statistics, Ethereum (ETH) is one of the well-known favourites for investors everywhere. Helium (HNT) is also a favourite.

There’s a new coin in town that’s aiming to attain the status as well. Let’s take a look at it.

FreeWoly (FWO)

FreeWoly (FWO) is a fantastic new cryptocurrency that comes backed with a powerful play-to-earn concept. This crypto platform has been made to be very interactive, relaxing, and very rewarding.

FreeWoly (FWO) is able to employ AR technology in its quest to create a fun and vastly exciting game. Basically, its AR is able to offer users the ability to access a unique interactive experience that incorporates real-life reality with some computer-generated elements.

According to its developers, FreeWoly (FWO) is modelled after two well-known online games namely, Pokemon Go and Farmville. The idea is to bring out the best of both worlds’ features in it. This ultimately includes Pokemon Go interactivity and Farmville’s challenging strategy elements.

FreeWoly (FWO) looks to get the backing of its native token FWoly which is what players will earn as they play the game. The more a player plays, the more they earn this amazing coin.

FreeWoly (FWO) developers have confirmed they are going to make provisions for a new NFT marketplace where users can easily trade their animals or farms in exchange for an agreed value. Of course, there are very rare animals as well which can be traded for massive value.

With FreeWoly (FWO), one thing is for sure it’s definitely on the right track to become an investor favourite.

Ethereum (ETH)

Ethereum (ETH) is a very unique well-known crypto that is programmable to run dApps that have been created to offer specific services in the industry.

One of the reasons this coin has always scaled greatly is its industry leadership coupled with the diversity of its ecosystem. This is what has helped it manage itself through different phases.

Ethereum (ETH) is the second-biggest crypto in the world of cryptocurrency and it has a market cap of over $400 billion. Its uniqueness and scalability bring Ethereum (ETH) a lot of dApps launching on its network. Even the revered NFT marketplace called OpenSea allows its users to trade their NFTs by simply offering their proof of ownership in the Ethereum (ETH) blockchain.

Unfortunately, Ethereum (ETH) has seen its popularity become not only a blessing to it but also a curse. The reason for this is that since it’s widely used worldwide, there exists massive congestion in the network.

With Ethereum’s (ETH) very slow transaction speed, this gets even worse. The crypto giant has a transaction speed of 15 TPS. This is what makes competitors like Solana (SOL) stand a chance in comparison.

With this incredibly low transaction speed and high gas fees, Ethereum (ETH) is doing everything possible to make sure it upgrades its platform. After this upgrade, the coin is definitely going to be exceptionally fast and scalable.

Helium (HNT)

Helium (HNT) is one of the popular coins on every investor’s list. The coin is accessed in the internet of things where it offers decentralized services of allowing low-powered wireless devices to access good data from wireless nodes.

To get access to this Helium (HNT), one has to buy a specific hotspot that was created for it. With Helium’s (HNT) proof-of-coverage consensus mechanism, it’s able to accomplish many things easily. Helium (HNT) is a widely recognized crypto in the software development field.

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