Uwerx (WERX) Presale Continues Surging While Kin (KIN) and Monolith (TKN) Stall Amidst SEC’s Lawsuit

By NewsBTC July 30, 2023 In Cryptocurrencies, Kin

Uwerx is an emerging crypto project that has made headlines since its presale started. It has come to disrupt freelancing with its cutting-edge technology and features and deliver gains to WERX token holders.

Uwerx’s presale has gained much traction and is now in its final stage, stage 5. The WERX token is utility-driven, contributing to its price increase.

While Uwerx continues to surge, old players in the game like Kin (KIN) and Monolith (TKN) are in the dip amidst the SEC listing them as securities.

Kin (KIN) To Decentralize Its Governance With The Launch Of Kinetic

Kin (KIN) aims to support and expand the digital economy by enabling app developers, content creators, and users to earn from their content or innovations. The protocol was founded by Kik, developers of the Kik chat app.

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The Kin (KIN) ecosystem is moving towards decentralized governance and has kick-started with the launch of Kinetic. Kinetics is a Solana-based in-app integration that allows developers and users to incorporate Solana (SOL) into their apps. This enables them to build crypto-powered apps or platforms. Kinetic will bring about the next generation of API and SDKs and improvements for Kin’s (KIN) ecosystem.

Kin Foundation recently announced that voting for this will begin soon enough. Furthermore, the foundation has proposed a test burning for 1 billion KIN tokens from the Kin’s reserve.

However, Kin (KIN) has been in the dip with almost zero interest from the crypto community. Kin (KIN) has been facing legal battles with the SEC since 2017, after the launch of its ICO.

Monolith (TKN) Is On A Downward Trend

Monolith (TKN) is a decentralized bank backed by Ethereum (ETH). It provides a non-custodial contract wallet for users. This allows them to store and exchange Ethereum-based tokens. The tokens are converted to fiat and stored on Monolith’s (TKN) VISA debit card.

Monolith (TKN) has gained little to no momentum after it ditched its community for nearly two years following the successful launch of its ICO, rumored to have sold out in 8 minutes.

Since then, there have been bearish sentiments around Monolith (TKN), as some classified it as dead. Monolith (TKN) saw a massive decline following SEC’s lawsuit, which lists it as a security.

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Uwerx (WERX) Presale Continues To Surge

About 75% of freelancers take on freelancing jobs to ensure stability. However, this is hard to achieve with the outrageous service fees (10 to 20%) charged by centralized freelancing platforms. Uwerx is here to change the narrative.

Uwerx will be a revolutionary freelancing platform bringing decentralization, blockchain technology, and a 1% service fee. It aims to deliver gains to users and has launched the Uwerx Vault, a profit-making innovative feature. The Vault is a safe storage for users to store their tokens for prolonged periods while rewarding them.

Uwerx launched its platform’s Alpha version with ten features now available. They include the Signing Up and Logging Pages, Forgot Password, Freelancer or Client Initiation, Initial Step of Job Creation and Finding Talent, My Activity Page, Hiring Dashboard Page, and Job Creation Process Page. The other platform features will be added subsequently.

The agile methodology adopted by the developers has contributed to Uwerx’s success. They leveraged it to launch the project in bits while improving based on users’ feedback.

Uwerx’s presale surge exceeded what was initially predicted and is now in the final stage 5. With rising demands, the presale WERX allocation was increased to 427.5 million (57%) of the total 750 million WERX supply, with 72.5 million WERX available in stage 5.

The WERX token has remained bullish despite market conditions. A price increase for the tokens, along with a generous 15% bonus, is scheduled for later today at 18:00 UTC. The price will rise from $0.05245 to $0.0564 during this event. The increase has greatly benefitted early holders, and to further bring in more profits, there is an ongoing 15% purchase bonus. WERX’s launch price was increased to $0.095 – $0.115, and the presale ends on July 31, 2023.

The Uwerx team is committed to Uwerx’s transparency, sustainability, and security. As such, they reduced their token allocation to 7% and will renounce smart contract ownership once Uwerx lists on centralized exchanges. Also, they started a 9-month liquidity lock on developers’ tokens on June 7 to prevent rug pull. This follows an 82.8% vote from users to start immediately.

Uwerx has undergone audit approvals from InterFi Network and SolidProof. The team will conduct a Test Airdrop to verify users’ receiving wallet addresses after a 98.2% vote from the community. The team is user-centered and acknowledges users’ feedback sent to their email, feedback@uwerx.network.

Uwerx is the only hope for crypto users, investors, and freelancers seeking financial freedom. To be a part of this cutting-edge technology, it is only right to join the presale now for a 15% purchase bonus.

To become a WERX holder or learn more about Uwerx, click on the links below:

Presale: https://invest.uwerx.network

Telegram:

Twitter: https://twitter.com/uwerx_network

Website: https://www.uwerx.network

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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