Place/Date: - August 18th, 2022 at 2:46 pm UTC · 4 min read
Decentralisation has been called various things over the years, but the word decentralisation cannot be removed. Terms like Decentralised finance and decentralised exchange have been used to refer to decentralisation. Decentralisation is the answered prayer to the faults that exist with centralisation. However, a decentralised blockchain is one of the types of blockchains that exist. Revolutux is an example of a decentralised finance platform that has and will continually give the centralised finance blockchain a run for its money.
Decentralisation offers remedies for many of the problems with centralised finance. For example, trading on a decentralised platform costs lower fees than on centralised institutions or platforms. However, centralised finance on its own and even in conjunction with crypto can be very risky. As a result, the storage of cryptocurrency or crypto assets on a centralised exchange does not give holders a guarantee of ownership.
Revolutux token is a digital asset aiming to create a decentralised platform where everyone can trade globally at a cheap transaction cost. However, this platform aims to be highly strategic, freeing, low-risk, and provide its users with a frictionless trading experience. Also, all these unique functions that the Revoltux token promises to offer are all done in a decentralised manner, therefore leaving out third parties.
In addition, the goal of the Revolutux token is to integrate the use of cryptocurrency in every part of operations. The bigger picture that the cryptocurrency market aims to achieve is a total integration of crypto into everyday life. However, the Revolutux token, tokenized by RVLT, is very forward-thinking for actively creating a platform that also sees the bigger picture.
Floki Inu is a dog-themed meme coin that broadly refers to itself as a movement rather than a meme coin. Tokenised by FLOKI, fans of the Shiba Inu community birthed this crypto asset. However, the naming of the meme coin is in honour of Elon Musk’s dog – Floki. Therefore, this meme coin sets itself aside from other meme coins as it combines utility with memes.
Chiliz is a sports and entertainment crypto. It provides a blockchain platform for sports and entertainment. However, through Chiliz, sports fans can now easily participate and influence decisions through surveys and polls. Also, this platform is tokenized by CHZ, and every sporting platform using this token has a limited supply of the token that is offered as an initial fan token (FTO).
However, unlike Floki Inu, a meme-themed coin, Revolutux is a more decentralised-focused token that effectively gives its users the full decentralisation experience. Also, unlike Chiliz, Revolutux is not perspective-focused; it offers its users the chance to enjoy everything decentralised. In addition, Revolutux comes with features that make its ecosystem stand out.
Revolutux allows users to swap their RVLT token for any cryptocurrency of choice. Also, a user using a Private Key Wallet will be granted access to the benefits of decentralisation and on-chain transaction settlement. However, with the Revolutux swap, users are given great opportunities. One is investing in a valuable asset like RVLT, and the Revolutux blockchain allows users to select any other decentralisation exchange since Revolutux is connected to the world’s biggest exchanges.
The proof of stake mechanism employed by the Revolutux token ensures that the token effectively reaches consensus. However, with Revolutux, the financial assets of users are effectively safeguarded by the company’s deployment of a secure assets fund. Also, the Revolutux platform allows its users to earn RVLT as a reward for staking the token. As a result, the staking mechanism enables users to earn passive income over a while.
The Revolutux NFTs are unique assets generated on the blockchain and may be traded; however, it is known that NFTs are in a league of their own with fundamental qualities underpinning them. Revolutux has recognized this and allows its users to enjoy this feature of NFTs – indivisibility.
Compared to Floki Inu and Chiliz, Revolutux stands out and substantially ensures a better user experience in terms of profits and other features.
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