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Can Logarithmic Finance (LOG) Mimic the Presale Success of Filecoin (FIL) and Tezos?
Logarithmic Finance (LOG) goals to usher in a brand new period of decentralised finance.
Presales are an attention-grabbing phenomenon throughout the cryptocurrency business.
They’re the occasion once you learn the way a lot assist your mission has earlier than its preliminary launch.
Cryptocurrency tasks promote their token forward of an ICO (preliminary coin providing), normally at a reduced value.
Each Filecoin (FIL) and Tezos (XTZ) achieved vastly profitable presales on their method to changing into main established cryptos within the house.
Simply getting into the house after founding the mission in October 2021, Logarithmic Finance (LOG) will definitely intention to comply with within the footsteps of each Filecoin and Tezos.
1. Logarithmic Finance (LOG)
Specializing in fixing the interoperability situation that continues to plague the cryptocurrency business, Logarithmic Finance (LOG) goals to usher in a brand new period of decentralised finance.
Logarithmic Finance is a layer-III swapping protocol that goals to advertise connectivity between early-stage innovators and traders.
Implementing multi-chain integration between the blockchains of Binance Good Chain (BSC), Avalanche (AVAX), Solana (SOL), Tezos (XTZ), Ethereum (ETH) and Polygon (MATIC) will enable for the growth of innovators and traders on the LOG platform.
With plans to attain an 80% charge of decreased gasoline charges in addition to NFT public sale performance that might be supplied solely for LOG token holders, Logarithmic Finance is making an attempt to create an ecosystem that may cater to all its customers.
With the DeFi business exceeding its TVL (complete worth locked) of $100 billion in July 2021, the chance for the house is infinite and one LOG seems to be to reap the benefits of it.
LOG seems to be to handle the shortage of a user-friendly interface and poorly written sensible contracts by setting up a light-weight person interface in addition to a compelling person interface.
The presale of the LOG token is scheduled to happen in Q1 of 2022 in what might be an thrilling expertise for the newly shaped cryptocurrency.
2. Tezos (XTZ)
Utilizing a proof-of-stake (PoS) consensus mechanism, Tezos (XTZ), a blockchain community, is linked to a digital token the place its token holders are rewarded for participating in its PoS protocols.
Launched in 2018, Tezos held its ICO (preliminary coin providing) in 2017 and raised a staggering $232 million, in what remains to be one of many largest presales in cryptocurrency historical past.
Made up of 65,627 Bitcoin (BTC) and 361,122 Ethereum (ETH), Tezos (XTZ) was quickly hampered by authorized troubles after some traders didn’t obtain their tokens.
Valuing their group, XTZ holders can vote on proposed adjustments to the mission.
Its digital token, which is known as a tez or a tezzie at the moment trades at $3.03, which is up 3.0% previously 24 hours.
Ranked because the 46th largest cryptocurrency on the earth, in keeping with knowledge from CoinMarketCap, Tezos can be designed to utilize sensible contracts, like Ethereum.
3. Filecoin (FIL)
Launched in 2014, Filecoin (FIL) is an open-source digital cost system that homes its native FIL token.
Aiming to incentivise a community of laptop operators to supply a file sharing and storage service, the founders of Filecoin consider it has the potential to change into not solely the most affordable however the quickest manner of storing knowledge on the web.
Like Tezos, Filecoin skilled a particularly profitable ICO in 2017, having raised $205.8 million in what stays one of many largest ICOs of all time, in addition to elevating $52 million within the prior presale.
Filecoin (FIL) at the moment trades at $17.07 with the coin up 0.9% previously 24 hours.
Crypto is ranked because the 41st largest cryptocurrency on the earth, in keeping with knowledge from CoinMarketCap.
Discover out extra:
Presale: https://presale.logarithmic.finance/
Web site: https://logarithmic.finance/
Telegram: https://t.me/LOGARITHMIC_FINANCE_OFFICIAL
Twitter: https://twitter.com/LOGARITHMIC_FI
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