The post Investors switch from Filecoin (FIL) and Helium (HNT) to Chronoly.io (CRNO), prioritizing real-world asset ownership over decentralized data storage and Transfer appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
While long-standing projects like Filecoin (FIL) and Helium (HNT) revolutionized the world of data storage and transfer in the blockchain and crypto space, many found it tough to relate to the offerings of these projects. In search of more tangible investment options in the crypto world, investors have recently been presented with a new and exciting opportunity — Chronoly.io (CRNO).
Chronoly.io’s (CRNO) token has already sold out in its presale stage, a clear indicator that both new and seasoned crypto investors are keenly interested in the project’s ecosystem and offerings.
This article discusses the offerings of all three projects: Filecoin (FIL), Helium (HNT), and Chronoly.io (CRNO).
Filecoin (FIL): rewarding participants for storing network Data
Filecoin (FIL) is a blockchain-based storage system that aims to store data in a decentralized way. Filecoin’s decentralized nature helps safeguard the integrity of data’s location, making it hard to censor and easy to retrieve.
Filecoin (FIL) allows individuals to be the custodians of their data while making the web more accessible to individuals around the world.
Mining and storing data on the Filecoin network enables participants to win block rewards, incentivizing them to store more data and act honestly.
FIL is the crypto token that supports the Filecoin network. According to CoinMarketCap, the current price of FIL stands at $6.41 as of 25th August 2022, which is surprisingly low compared to the token’s all-time high price of $237.24 achieved in April 2021.
Helium (HNT): rewarding participants for validating data transfer in a decentralized Model
Helium (HNT) is a blockchain-powered network mainnet that allows low-powered wireless Internet of Things (IoT) devices to send data across their nodes.
Helium is powered by open-source technologies that help create a trustless and decentralized model for wireless infrastructure. It produces a new and unique wireless economy that upturns the traditional telecom model of wireless infrastructure.
Helium uses two units of exchange: Data Credits and HNT.
Helium’s Data Credits (1 Data Credit = $0.00001) are used to pay blockchain transaction fees and transfer data bytes through Helium LongFi. HNT is Helium’s crypto token that users can earn when their hotspots supply and validate wireless data transfer on the network.
According to CoinMarketCap, the current price of HNT stands at $7.04 as of 25th August 2022 — far below its all-time high price of $55.22 in Nov 2021.
Chronoly.io (CRNO): rewarding participants for tangible investments in real-world Assets
Chronoly.io (CRNO) is the world’s first decentralized fractional watch marketplace where investors can purchase fractional NFTs of authentic watches from luxury watch brands like Patek Philippe, Richard Mille, Rolex, and Audemars Piguet. The ownership of a fractional Chronoly.io NFT equates to partial ownership of the premium timepiece it represents.
This unique concept allows interested individuals to enter the crypto investment space without any technical knowledge of decentralized data storage, or validation of wireless data transfer. What’s more? Chronoly.io NFTs are priced as low as $10, allowing users of all demographics to enter the crypto investment space.
CRNO is the utility token of the Chronoly.io (CRNO) marketplace. Early community members and investors of the Chronoly.io (CRNO) project receive CRNO tokens as a reward for their participation and support. These Chronoly.io (CRNO) tokens can be staked to earn a passive income, gain access to exclusive monthly rewards like cash prizes and giveaway, and qualify for the Chronoly.io (CRNO) exclusive members club.
Since Chronoly.io (CRNO) entered the crypto space in May 2022, its CRNO token has scored exceptionally well on the price charts. Within a few weeks, the CRNO token’s price increased from $0.01 to $0.066 and the Chronoly.io (CRNO) token even sold out in the presale stage.
Crypto experts credit the token’s success to the uniqueness of Chronoly.io’s ecosystem and offerings in the crypto investment space.
For more information about Chronoly.io presale
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