Cryptocurrency is a volatile market; do your independent research and only invest what you can afford to lose. New token launches and small market capitalization coins are inherently more risky than large cap cryptocurrencies. Seesaw Protocol (SSW) is a multi-bridge cryptocurrency that enables holders to send and receive tokens across multiple blockchains.
Tezos has similarities with Ethereum (ETH) in that its blockchain is based on smart contracts. Where it differs is in the creators’ claims that it could offer a more advanced and more adaptable infrastructure. It has billed itself as “the last cryptocurrency” and claimed to be “secure, upgradable and built to last”. In an attempt to remain immune to market forces, many crypto backers are turning to pre-sales.
What is SeeSaw Protocol (SSW): Anonymous project lacks key details
This content is for informational purposes only and not intended to be investing advice. Decentraland is a virtual reality platform and epitomises the Metaverse. Users can purchase plots of land that they can then customise, whether that be building, socialising, or monetising. World-renowned DJ Steve Aoki hosted a party in Decentraland for the Australian Open tennis tournament.
Considering the high gas fees, slow speeds and security issues of some networks, this project has a lot of upside potential. Launched in January 2022, the protocol is a fairly new and ambitious blockchain-based project created to bridge multiple blockchains. It https://www.xcritical.com/blog/what-is-seesaw-protocol-everything-you-should-know-about-ssw/ currently runs on the BNB Chain with plans to also run on the Ethereum and Polygon blockchains. The Seesaw Protocol team is committed to building the most significant possible crypto community, and one way to do this is to charge a fee on every transaction.
The Seesaw token
Each SSW purchase is subject to a 3% commission, and each sale is subject to a 5% commission. It benefits holders because fees are shared among existing SSW holders, so the longer you hold, the more tokens you will have. With a relatively small investment, it can lead to significant future profits.
- The ability to meet, interact, and socialise with other people in an online space is not a new concept given the vast popularity of social media and virtual reality.
- Cardano (ADA) is the 8th ranked cryptocurrency and has a market cap of over $27 billion.
- As has been the case with almost every cryptocurrency, SAND dipped at the beginning of the year.
- Seesaw Protocol (SSW) has a utility that makes it very attractive for investors.
- They further say that Kadena has the same level of security as Bitcoin, uses little to no gas, and has well-designed smart contracts.
- And we’re looking forward to how all of this pans out come April 8.
Currency.com is a global cryptocurrency exchange platform that currently does not operate in Europe, UK and Australia, still you are welcome to browse and find out more. Currency.com is a global cryptocurrency exchange platform that currently does not operate in the US, still you are welcome to browse and find out https://www.xcritical.com/ more. SeeSaw Protocol was accepting pre-sale money, despite offering no proof of concept or whitepaper. Since the original publication of this article, the team has unveiled a whitepaper, which investors should thoroughly scrutinise. Consider your risk tolerance when determining whether crypto is right for you.
Cryptocurrencies with Successful Launches: Seesaw Protocol (SSW), Kadena (KDA), and Filecoin (FIL)
All those gains from the first folks in are nothing more than a hope at this point. As for now, how the tokens will behave in the future, only time will tell. On the bright side, their current market price makes them an ideal entry point into the crypto market. Just remember to do your research before investing in any crypto project. «The SeeSaw Protocol is a fully networked liquidity cross-chain protocol that may be implemented on any blockchain which supports smart contracts.
The utility of Seesaw Protocol (SSW) has the potential to be huge in the crypto space. It provides a genuinely multi-chain bridge between the Binance Smart Chain, Polygon, and Ethereum Networks. Its users will be able to use SSW to carry out cross-chain swaps from blockchain to blockchain. High fees and congested networks can be avoided and make the process of, for example, buying NFTs easier, cheaper, and quicker. Seesaw Protocol (SSW) has launched its presale and is already building a community of loyal holders.