Place/Date: - June 16th, 2022 at 11:52 am UTC · 3 min read
One rapidly developing industry among the vast blockchain networks is the enigmatic world of DeFi. The name speaks for itself, and with the wide range of services, protocols and DApps, the decentralised finances allow its users to do everything that the central banks could offer, but more efficiently, securely and with complete anonymity.
Yes, the notorious scandal with the Frog Nation, followed by the reveal of Sifu as the project’s treasurer and Andre Cronje’s abrupt departure, shook the community at its core, but make no mistake. The industry is at its embryonic stage, where start-ups learn from the mistakes of others, paving the way for massive opportunities and more exciting new cryptocurrencies yet to come.
One such project is MUSHE (XMU), which attempts to make digital money equally accessible for the OG from the community and the rest of the flock. Let’s dive in.
If you are following crypto even slightly, you know that most people hesitate to try new cryptocurrencies because of the complicated way of interacting with the end products. Well, you are in luck because MUSHE is here to change that by accelerating the mass adoption of cryptocurrencies by delivering a very intuitive UX interface for its everyday users.
In providing simplified, seamless interoperability, the project sees decentralisation as the key to bringing a global population one step closer to understanding and rewarding the evolution of cryptocurrency, Web 3.0 and unification of ethically sustainable decisions.
The project unequivocally wants to reach the stars and become the leading digital cryptocurrency and wallet for day-to-day users. In doing so, there are three main principles that MUSHE follows:
XMU is built as a decentralised token in order to facilitate peer-to-peer interaction, rewards and governance. It is currently powered by the Ethereum blockchain with plans to migrate over to Stellars open network, a proven blockchain famous within the community for low transaction costs and financial inclusion for the day-to-day users.
The token will play a significant role within the MUSHE ecosystem by supplying liquidity to the exchange and a unified user experience. In what way?
Apart from DeFi features, MUSHE is planning to introduce its own metaverse (MushiVerse), where users can engage in all sorts of digital services and buy and sell unique NFTs. Further, there is a P2E game in development where in-game items could be purchased or sold using the platform’s native token (XMU). In addition, the platform is set to host different gaming competitions, where players would receive huge rewards based on the (XMU) rewards system.
All things considered, the future of (XMU) boht on the DeFi front and the Web 3.0 looks bright, so don’t miss your chance to purchase this new cryptocurrency before the second presale stage ends on the 4th of July 2022.
Learn more about Mushe: Website, Presale, Twitter, Telegram, Instagram.