Users, developers, and gamers have gained a lot from the integration of Blockchain technology into their respective sectors. Carrying out transactions has become more secure, transparent, and effective. Gaming now has more benefits for the average gamer. This has brought about the wide acceptance of Blockchain technology. HachiFi (HACHI) and The Sandbox (SAND) are two cryptocurrencies making use of the opportunity Blockchain technology has to offer:
A Cracking Good Crypto – HachiFi (HACHI)
HachiFi (HACHI) is a decentralized Layer 3 platform aimed at expanding the world of decentralized finance (DeFi). Due to the growing interest in Non-Fungible Tokens, HachiFi (HACHI) will have an NFT platform which will be a collection of 2000 special farm animals. With this platform, users can earn passive income through a process called Yield Farming. This is a form of staking using decentralized applications.
HachiFi (HACHI) promises the uniqueness and transparency of its farmyard creatures’ NFTs. Each token will have a verifiable and authentic record of transactions on the Blockchain. The HachiFi (HACHI) platform will be run by a Decentralized Autonomous Organization (DAO). This will be controlled by token holders who can vote or delegate their votes to other DAO members. The voting would be based on core developments to be made concerning the platform and its components. The HachiFi (HACHI) ecosystem will be safe and secure for transactions and promises to provide a platform for the financial growth and development of its users.
HACHI is the utility token of the platform. It is based on the Binance Smart Chain (BSC) but will be extended to other blockchains as time goes on. The team behind the HachiFi ecosystem has created this token to serve a variety of functions such as staking, breeding NFT-creatures, fee payments, liquidity, and many more.
The HachiFi network is also interested in giving back to society and will be involved in charity outreaches across the world. Users who purchase $100 and $250 worth of HACHI tokens will receive a 1% and 3% bonus respectively.
Build Dreams With The Sandbox (SAND)
The Sandbox (SAND) is a virtual gaming network based on Blockchain technology. It is an ecosystem that combines gaming and the use/creation of Non-Fungible Tokens. The team behind The Sandbox (SAND) wanted to create a platform for users to have fun, be creative, and earn passive income while at it. They created the Sandbox Metaverse: a 3D digital universe consisting of virtual land. Each virtual land can be used to showcase NFT creations and even offer services to other users.
Creations can also be sold or exchanged for real-world value on The Sandbox (SAND) platform. Also, users who wish to create their custom games but have no coding experience can do so using the Sandbox (SAND) Game Maker. What’s more? The platform is free to use.
The Sandbox (SAND) is community-driven and utilizes a Decentralized Autonomous Organization (DAO). This ensures that no singular entity is responsible for the ecosystem. Instead, the community gets to decide on what developments or suggestions to make on the platform. Only users that possess the SAND token get to have a say in these decisions. The SAND token is an ERC-20 token that serves as the platform’s utility token and is also used for transactions, fee payments, and rewards.
With Blockchain technology creating more streams of income, more users continue to stream into the crypto space. It would be unwise to be left out.
To find out more information about HachiFi (HACHI), Read this article:
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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