Uwerx will tap into the expanding freelancing market and takes the market by the horns as it offers a financially better alternative to traditional gig-economy platforms. Built as a decentralized entity, Uwerx cuts down on the middleman and commissions. Instead, the platform focuses more on connecting skill-based service providers and buyers directly.
Topped off with the security and efficiency of blockchain and the native WERX token, Uwerx tackles some of the biggest issues faced by both parties of excessive cuts. The result is a token that has the potential to rise in value as more and more freelancers find positive aspects of the platform – perhaps even beat the bigger market players such as Binance Coin (BNB).
Binance Coin (BNB) Poised to Rise or Fall?
As we enter 2023, the crypto market has seen some major upheavals and the roller coaster ride is just starting. While the collapse of FTX has put a dent in the crypto public’s confidence in centralized platforms. Binance Coin (BNB) is no exception and saw a major drain post-FTX collapse, with as much as $3 billion withdrawn in a single day.
The overall bearish crypto market and the sentiment of the public regarding it have put a lot of selling pressure on Binance Coin (BNB). The market scare itself cut BNB’s price from roughly $360 on 4th November 2022 to $270 on 11th November, a 25% drop in a week. Taking more hits and dipping as low as $227 although, it has recovered to $311. Binance Coin (BNB) is still not faring as well as it once did.
However, the coin can recover, thanks to two major reasons. Firstly, Binance is still honoring withdrawals, leading many to believe that the largest crypto exchange in the world may not collapse like FTX. Despite allegations of a Interpol Red Notice for the CEO of Binance, the
Secondly, Binance Coin (BNB) is more than just an exchange token. Acting as the fuel for BNB Chain, the token is used for transaction costs on the second most popular Web3 network. This gives it practical value.
Uwerx (WERX) May Outperform Binance Coin (BNB)
Uwerx will fill a market gap by combining decentralization and the gig economy. In a position to become a dominating force in the freelancing sector, thanks to several advantages it offers over traditional freelancing platforms, its native WERX contains the potential to outstrip even BNB in the coming days (if BNB ever recovers at all).
One of the key disruptive advantages of WERX is its lesser dependence on the crypto market as it derives its value from its utility factors, not the market sentiment. This makes it a better investment opportunity than Binance Coin (BNB) as the upside potentials are enormous.
Built on Polygon, Uwerx’s freelancing economy taps into its speed, security, and efficiency. Unlike other freelancing platforms that charge as much as 20% for their services, Uwerx gig sellers will see massive gains in income with only 1% commission by the platform.
Other factors that give WERX stability and an upward push include a code audit by InterFi Network and Solidproof. The team has also made it clear that they will renounce ownership of the project’s smart contracts before the project is listed on CEX. The audits have been conducted even before the platform launch, reflecting the commitment of the team toward their goals.
Taking it even further, the Uwerx team decided to forgo ownership of the contract and hand over control to its users eventually wen they reduce their token taxes to zero.
Should I Invest in WERX?
Priced currently at just $0.005 in the presale, 300 million WERX out of a total 750 million are up for grabs. Considering that Uwerx has all the potential to grow to be the largest blockchain-based freelancing marketplace, the WERX token has the power to increase value manyfold, with some experts saying as much as $2.60 in early 2024, and even around $4.50 by 2025.
Binance Coin (BNB) can see impressive positive gains in the coming months, but this depends on the return of a bull-market. And we strongly believe that WERX can outperform it regardless of market conditions due to its unique concept and ‘early status’. It is always advantageous to diversify your portfolio and WERX presents an excellent opportunity. The project has our unanimous approval – check out the presale now by following the links below and be rewarded with a 25% bonus.