Make cryptocurrency work for you by buying into Moshnake, Solana and Kava
Despite the volatility of the cryptocurrency market, crypto users can still earn passive income by buying and holding potentially profitable cryptos such as Moshnake (MSH), Solana (SOL) and Kava (KAVA).
Moshnake (MSH) is the latest play-to-earn crypto platform with valuable prospects thanks to rebranding and NFTs.
Conversely, pre-established platforms such as Solana (SOL) and Kava (KAVA) are also potentially valuable. These two platforms support dApps and Web3 applications – thus attracting various developers to their platforms.
Let’s explore the valuable prospects of these three cryptocurrencies.
Moshnake: The Latest Play-to-Earn Platform
Moshnake (MSH) is a blockchain gaming platform built on the Binance Smart Chain (BSC) network. The platform comes to the public as a reincarnation of the legendary Xenzia snake game on old Nokia phones.
Moshnake (MSH) developers are bringing back this exciting game with an improvement – allowing players to earn money while having fun. Using blockchain technology, users can now enjoy improved graphics and competitiveness among gamers.
Moshnake (MSH) provides players with NFT gambling to make money. Players can maneuver their NFT snakes to feed them eggs and in-game items in the arena. They can also buy and sell various NFTs and in-game items on the NFT Market.
The Moshnake (MSH) token is the governance token used to vote on the Moshnake platform. It also simplifies transactions on the platform. Conversely, the Venom (VEN) token is the in-game currency used to pay entry fees to the game, as well as purchase special items released.
Moshnake (MSH) will proportionally distribute rewards from the portion of the tax collected from VEN token transactions to its Moshnake (MSH) token holders.
Solana: The Energy-Efficient Blockchain
Solana (SOL) is one of the fast-growing crypto platforms that has made its mark among the top 10 cryptocurrencies on CoinMarketCap. The platform has experienced tremendous growth from its launch day when it traded for less than $1. At the time of writing, Solana (SOL) is trading at $33 with a market capitalization of around $11.75 billion on the coin market.
Solana is an open source platform that leverages the permissionless nature of blockchain technology to provide a decentralized financial (DeFi) solution. Therefore, it was designed to launch various decentralized applications (dApps).
Solana’s high scalability and energy efficiency is due to its combination of Proof-of-History (PoH) and Proof-of-Stake (PoS) consensus mechanisms.
SOL is the original token of the Solana Network. It is used to pay transaction fees on the network. SOL token holders can also stake their tokens to secure the network and earn stake rewards.
Due to its innovative potential, the Solana (SOL) project has become a bargain for crypto enthusiasts and traders. Also, the platform’s fast transaction speed and low network fees have drawn more interest in blockchain.
Kava: Dual-Chain Network
The Kava Network (KAVA) is a layer-1 blockchain that uses a dual ecosystem to remain scalable. The platform is powered by the super-fast tendermint consensus mechanism that combines the interoperability of Cosmos (ATOM) with the flexibility and speed of the Ethereum (ETH) smart contract.
The original token KAVA is a management and utility token on the platform. It can be staked by validators or delegated to validator nodes. These nodes earn approximately 37.5% of all KAVA fees in rewards. Stakers also have the right to vote on proposals for management.
KAVA has prospects for its buyers based on on-chain incentives, which encourage the best developers and projects on Web3 with rewards. The platform’s seamless interoperability with other platforms also helps its connection to multiple users, digital assets and projects.
Conclusion
With the valuable dApps and Web3 offerings on the Solana (SOL) and Kava (KAVA) blockchains, these two cryptocurrencies are expected to deliver long-term profits.
The new cryptocurrency, Moshnake (MSH), is also demonstrating its profitability given its revamped classic game and NFTs.
Therefore, you should consider buying and holding these three cryptocurrencies for long-term benefits.
Moshnake:
Website: https://moshnake.io
Telegram: https://t.me/MoshnakeOfficial
Twitter:
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