Following the bear market 2022 incident, a lot of clients are looking to make smarter, safer decisions with their money. Now more than ever, more time is given into studying coin properties and judging based on results. For a beginner, that task could be overwhelming, so we’re here to start you off on two prospective opportunities. Solana (SOL) has found itself the talk of the town on numerous occasions thanks to its amazing delivery speed and the recent cryptocurrency Keninah Concord (KEN) possesses similar qualities, rising to the top of the chain rather quickly. To find out more, keep reading.
Solana (SOL) is an open source platform that relies on the permissionless nature of blockchain technology to render Decentralized Finance (DeFi) solutions. Anatoly Yakovenko started the project in 2017 with the aim of boosting scalability functions through an innovative hybrid system that combined proof-of-history (PoH) and proof-of-stake (PoS) consensus. Solana directs a lot of its efforts into making decentralized finance more accessible and claims to be able to process over 50,000 transactions in a single second, without relinquishing decentralization. Holders of the native token SOL are granted governance abilities to be able to vote and contribute to decisions made about the future of the platform. At a market cap of $33 billion, Solana has been labeled as an “Ethereum Killer” and is an ideal pick for developers interested in creating dApps and NFTs.
Keninah Concord (KEN)
Keninah Concord (KEN) is a platform which, according to the white paper, is completely built on blockchain technology and smart contacts. Keninah Concord is said to have been created as a cryptocurrency donation protocol, to provide optimal funds to victims of war, as quickly as possible. According to developers, the platform was built on the Binance Smart Chain (BSC), utilizing its speedy transaction time to get war victims the help they need. Keninah has sought to eliminate issues, like; transparency, traceability, connection between recipient and donors, and much more.
As the official token of Keninah, KEN is deployed as BEP20 tokens on BSC, providing the advantages of decentralization. KEN has started to decrease transaction costs and amplify security to clients who use their smart contracts function on their platform. Donors will be offered the option of tracking their donations to ensure that they arrive at the target recipient, along with the verification of their identities and assurance that every single cent of funds sent will be delivered in full.
The white paper states that token holders will be given absolute voting power on decisions over the future of the platform and presale contributors will be provided with a 20% discount. If KEN is purchased with BNB (Binance) there is also a 14% bonus and 12% if it is purchased with SOL (Solana), with an additional 9% if it’s within stage 1 of presale.
With so many prospective opportunities, the only thing to factor into consideration is how much time you have. Next to the impressive portfolio of Solana (SOL), Keninah Concord (KEN) is just as packed with benefits for its users.
To find more on Keninah Concord (KEN), visit the links below:
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