A sell-out is what every presale investor wants to see and is a great litmus test for the future success of a project. Gnox (GNOX), a new reflection token launching in under a week, has concluded a highly successful presale, and this sell-out has caught the attention of Near (NEAR) and Polygon (MATIC) investors.
Buying a token at launch and buying a token six months later. Even a far shorter time frame can have significant results, and when the market floods in, those sweet early gains are gone forever. Near (NEAR) and Polygon (MATIC) investors understand this, and that is why they are ready to target GNOX’s launch.
Gnox (GNOX)
Gnox is making DeFi (decentralised finance) earnings easy. The GNOX token is a single investment vehicle that provides a monthly income and gives investors exposure to DeFi- the modern era’s most rapidly developing financial sector. It does this by leveraging buy and sell taxes to build a treasury fund. This treasury is then deployed into tried and tested DeFi protocols to generate yield for investors.
Every month the total revenue is split amongst holders in stablecoin, but it is only the generated revenue which is distributed. The developers at Gnox have taken a long-term vision and built a treasury fund that will continue to accrue with time. As it grows in size, so does its potential to generate revenue. Early investors could potentially be seeing massive payouts in a few months, which will undoubtedly cause the price of GNOX to surge.
Near (NEAR)
Near Protocol is a layer one blockchain built to be the infrastructure for the new internet that will empower individuals as opposed to data harvesting corporations. The network relies on a DPoS (delegated proof of stake) consensus mechanism, which is an upgrade to the typical PoS (Proof of Stake) mechanism utilised by several layer ones.
What distinguishes Near Protocol is its Nightshade Sharding protocol, and the network boasts a TPS (transactions per second) of 100,000. NEAR trades just under $6 and enjoyed a huge run throughout 2021. With its technical superiority investing in NEAR and the Near Protocol is an excellent choice for investors.
Polygon (MATIC)
Polygon is the layer two scaling solution that compliments Ethereum and brought scalability and low-cost transactions to DeFi. With the Ethereum merge drawing close, MATIC has seen a hugely bullish movement. Trading at $1, MATIC sits well above its 100-day Moving Average, and the bulls are pushing it towards the 200-day.
Closing Thoughts
Near (NEAR) brought a massive upgrade to layer one capabilities. Polygon (MATIC) introduced scalability en masse, and early investors in both these protocols are highly adept at sniffing out a solid value proposition. These groups targeting the GNOX launch are another bullish indicator that the project will have enduring success in the space.
Find Out More Here:
Join Presale: https://presale.gnox.io/register
Website: https://Gnox.io
Telegram: https://t.me/gnoxfinancial
Discord: https://discord.com/invite/mnWbweQRJB
Twitter: https://twitter.com/gnox_io
