Discount brokerages and investment account platforms are more widely used by self-directed investors than full-service brokerages or professional money managers. If you are looking for what DIY investors are following these days, here are three projects to check out: Uniswap (UNI), Azuki which is an NFT project and Chronoly.io which is a crypto project which is up 400% in the last few weeks.
The Ethereum blockchain powers UniSwap (UNI), a decentralized exchange for trading cryptocurrencies. There is $5bn of value locked in the Uniswap protocol, making it the most popular in the DeFi (decentralised financial) arena. The native token of Uniswap (UNI) serves as a medium of exchange and a means of governance for the Uniswap ecosystem. UNI has a market value of $3.7 billion as of June 2022. In order to trade ERC20 tokens without an order book, UniSwap (UNI) introduced AMM to Ethereum. Thus, a more decentralized ecosystem of DeFi protocols was able to emerge, allowing for new applications and a surge in cryptocurrency value generation. Future growth in value for Uniswap (UNI) is predicted.
Azuki's 'The Garden,' defined on OpenSea as "a corner of the internet where artists, builders, and Web3 aficionados converge to create a decentralized future," begins with a collection of 10,000 digital avatars. As reported by CryptoSlam, Azuki has sold over $767.97 million worth of tokens in total, with over 13,900 buyers making a total of 30,510 trades.
However, the price dropped to 10 ETH after a slew of allegations and revelations concerning the project's founder, Zagabond. It looks, however, like the worst may be over for the Azuki community, and the price is once again on the rise. Trading volumes in the NFT space have decreased significantly during this bear market, however many expect popular projects like Azuki to bounce back to all time highs when the bulls return back to the markets.
Chronoly.io is a crypto and NFT project with a very unique concept, it's the world’s first fractional watch investment platform built on the Ethereum blockchain. With as little as $10 you can buy fractions in rare watches like Richard Mille, Audemars Piguet and Rolex.
By purchasing watch NFTs, consumers can acquire a fractional ownership stake in authenticated and certified valuable timepieces. In addition to the Chronoly.io marketplace, the watch NFTs can also be exchanged on secondary platforms such as Bitstamp or Opensea. Chronoly.io vaults are safe and secure and watch owners can acquire loans against their timepieces. To reclaim their watch from Chronoly's vault, the original owner can gather 100% of the watch's NFTs and reclaim the watch itself.
The Chronoly (CRNO) token began trading at $0.01 and is now trading at $0.05. This is a 400% increase from its initial value of $0.01. Pre-sale investors are already showing interest in the token even though it is still in the early stages. Chronoly's ecosystem and NFTs' unique application cases have been projected by industry experts to lead to significant growth.
Investors in the current market view the watch NFTs as a dependable option because they are backed by real-world assets. Because of the project's unique value proposition, as well as numerous trading and return opportunities, it is in a prime position for rapid growth.
For more information about the Chronoly.io presale