The world is currently in the age of technology, and hardly any technological innovation has proved to be as diverse and profitable as the Blockchain industry as it powers a host of industries from finance, to cloud storage, to gaming, and lots more.
For this reason, developers favor protocols that have features that enable them to build and migrate easily, and Rocketize (JATO), Flow (FLOW), and Cardano (ADA) offer these solutions.
Minting NFTs With Rocketize (JATO)
Rocketize (JATO) is a meme coin option that aims to provide users with truly decentralized features within the Blockchain industry. It is a space-based meme coin which means it has its eyes set on the stars. Rocketize (JATO) has initiated a mint program for its users called the ROCKmint, which would enable users who have a card to upload their favorite memes on the protocol, thereby turning them into NFT trading cards that can be traded or used for collateral within the protocol and on the AGORA marketplace.Rocketize (JATO) has also initiated a modest space program to show its commitment to shooting past the stars, and bringing crypto technology to the very next level. Rocketize (JATO) is planning network bridges to chains like Fantom (FTM) Polygon (MATIC), Ethereum (ETH), and many more to foster true DeFi interoperability. It is currently available on the Binance Smart Chain, Pancakeswap, Uniswap, CoinMarketcap, and some other reputable crypto platforms.
JATO tokens are used within the protocol to ensure governance, gas fee payment, and storing of value. With the level of growth, the Rocketize project has seen in recent years, everything is literally and figuratively looking up for this project.
Flow (FLOW) – An NFT- Dedicated Blockchain
The recent influx of users into the NFT industry has created a need for the development of a Blockchain that can handle market activity. This is where Flow (FLOW) comes in, as it is primarily an NFT-dedicated protocol. It was created by Dapper labs, the same developers responsible for NBA Topshot, and Crypto Kitties, two very successful crypto NFTs.
Flow (FLOW) facilitates the trading, creation, storage, and exchange of digital collectibles in a secure, low-cost, and efficient network with great scalability. Flow (FLOW) uses the Proof-of-Stake (PoS) consensus mechanism, and it splits the protocol into 4 parts which are assigned to nodes to ensure smooth operations and peak efficiency within the network.
An Ecosystem ForDeFi Applications – Cardano (ADA)
Cardano (ADA) started from humble beginnings and has become a world-renowned crypto project in its own right as it was once lauded to be an Ethereum killer as it offered more scalability solutions than Ethereum in terms of throughput, cost, and network speed. Created by Ethereum co-founder Charles Hoskinson, Cardano (ADA) was made for developers to find a more scalable option for their decentralized application (dApp) creation.
Cardano (ADA) achieves scalability by employing the proof of stale consensus, making users stake Cardano (ADA) to earn validator privileges, and a passive income stream as an incentive for securing the network and ensuring transparent transactions.
Presently, Cardano (ADA) plays home to a vast majority of DeFi solutions including NFTs, Exchanges, Marketplaces, lending protocols, and a host of others, making the platform highly diverse and profitable.
The development of DeFi solutions has been made easy with projects like Rocketize (JATO), Flow Crypto (FLOW), and Cardano (ADA), and these projects are expected to perform well soon.