Filecoin (FIL) And Uwerx (WERX) Are Trendsetters. Here’s Why

Uwerx (WERX) has the potential to become a future blue-chip project. Learn more about the project to join the ongoing presale.

The crypto industry has grown with many game-changing innovations and success stories reaching different sectors beyond finance. Investors have also harnessed the industry to earn a substantial income. Contrarily, the recent SEC lawsuits against prominent coins like Filecoin (FIL) have initiated apprehensions among investors, traders, and crypto enthusiasts.

In due response, experts have identified Uwerx (WERX), currently in the presale phase, as a palpable solution with its high utility and potential to expand the freelance industry. Here’s why.

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Filecoin vs. the SEC’s Double Lawsuits: Is There A Way Out?

Filecoin (FIL) is a decentralized cloud storage system that harnesses blockchain to store and secure records in an immutable manner. Its main objective is to preserve important data without the risk of fraud or exploitation.

The FIL token runs a payment system and rewards participants willing to rent out their free cloud storage. It also initiates rewards for miners on the Filecoin (FIL) blockchain.

The current SEC lawsuits against most cryptocurrencies have negatively impacted the overall performance of altcoins like Filecoin (FIL). On June 5, the financial watchdog charged Binance with issuing unregistered securities, not to mention 13 other securities law violations.

Not too long after, the SEC charged Coinbase for the same reason, listing Filecoin (FIL), amongst other popular tokens, as securities in both the Coinbase and Binance lawsuits.

Within the last 24 hours, Filecoin (FIL) has declined by 3,78%, selling at $3.15, signifying an 8.69% decline in the past month.

On March 14, 2023, despite the backlash, Filecoin (FIL) launched an innovative project: The Filecoin Virtual Machine (FVM). The FVM combines the efficiency of smart contracts with verifiable cloud storage on the Filecoin (FIL) network. This FVM launch aims to harness the full potential of the permissionless storage ecosystem.

Although Filecoin (FIL) might not be a commendable option for short-term profits, analysts speculate that the token will reach $6 by Q4 2023.

Uwerx (WERX) Continues To Surge Throughout 2023

The freelance industry keeps growing massively. According to a report by Forbes, VCs invested $621 billion in 2021 across numerous startups, doubling the 2020 investment expenditure. With more cash flow, companies have the capacity to hire more hands, including freelancers.

Uwerx, a new disruptive project, offers significant benefits to investors and freelancers, such as a flat 1% platform fee, block-enhanced security and payment processing tools, project management tools, and many more. This innovative project aims to foster more productivity and massive earnings.

Its Alpha version features a Landing page, Signup page, Login/Sign In page, Forgot Password, and a Freelancer or Client Initiation Page. Other features are the Initial Step of Job Creation, Initial Step of Finding Talent, Hiring Dashboard, and Job Creation Process pages.

The Uwerx team’s innovative spirit has recently led to tremendous advancements in the Alpha Version of their platform. They have introduced a range of notable enhancements, including fresh add-ons and redesigns, to match the project’s distinguished growth. These updates include the following features: Settings, Freelancer profile creation, Milestones, Application boosting through WERX, and a revamp of the job application page. Other new features to be unveiled soon are the Freelancer Dashboard, Client Dashboard, and Tools.

They also plan to address the somewhat complex and arduous process of posting and applying for jobs on existing mainstream freelancing platforms. This focus has led them to streamline the entire process into a single “Post Job and Apply” frame, thereby making it easier and quicker for freelancers to submit their applications.

It’s worth noting that the Beta version is coming to the fore, and users can interact with it upon launch. The Uwerx team welcomes all feedback and recommendations through their email: feedback@uwerx.network.

In addition, investors are opportune to earn both short-term and long-term profits as the project is predicted to reach the $2.5 mark by year-end, a notable increase since the WERX token trades at $0.041. The team behind the project has also increased the launch price from $0.09 – $0.11 to $0.095 – $0.115.

While in the 5th stage of its presale, they already have 6,953 signups, 1639 followers on Twitter, and 1803 Telegram members. This is a result of the agile methodology approach used by their developers. This approach has significantly aided them in initiating projects while making significant advancements.

Due to this high demand, the project’s team has increased the presale allocations of WERX tokens from 45% to 57% of the 750 million token supply. Additionally, they have reduced the token allocation to founding members from 8% to 7%.

Using a three-way approach, they assure investors of the safety of their assets, having received audit approval from both SolidProof and InterFi Network before the commencement of the presale.

Secondly, the team has decided to relinquish all smart contract ownership on the platform once the project is listed on centralized exchanges. They have a 9-month liquidity lock on developers’ tokens, as voted by 82.8% of the community.

Furthermore, the team has initiated the Uwerx Vault, which rewards users for saving or staking their tokens.

They are also planning to run a test airdrop to allow users to verify that they inputted the correct receiving wallet addresses. This decision was reached after 98.2% of voters supported the idea in a poll organized by the team. This way, investors are assured of their dedication to decentralization.

Make the right investment choice by joining the project now that its price is still pegged at $0.041. They offer a 15% discount for early investors.

For further details on the ongoing presales, kindly follow the links below:

Website: https://www.uwerx.network
Presale: http://invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network