Successful projects have incredible use cases and are more likely to attract many investments from enterprising crypto fans. Strong tokenomics propel crypto projects to great heights, reinforcing exponential growth in their ecosystems. This attribute is what most meme coins in the crypto space lack. A closer look at these coins, such as Dogecoin and Shiba Inu, reveals that these projects may only survive in the short run to profit investors. However, a new technological advancement has nourished the crypto space by the name SmarterWorx.
Dogecoin and Shiba Inu Tokenomics
Dogecoin is a popular meme coin that was founded in December 2013. Although the project has been around for a long time, most of its eight-year existence has sent its price trading in a mega range as investors pursue better projects with real-world applications. The meme coin was once hyped by the richest man in the world, Elon Musk. Elon’s tweet sent the prices to an all-time high; however, due to a lack of utility and use cases, Dogecoin slowly diminished and declined in value and has since been ranging.
Shiba Inu is another popular meme coin that surfaced on the internet in 2020. The Shib Army hyped the meme coin on various social platforms such as Youtube and Twitter. In 12 months, the token price skyrocketed to all-time highs. However, Shiba Inu’s hype has already diminished due to a lack of utility. The token is down more than 90% due to the heavy bearish market sentiment propelled by the collapse of the FTX exchange.
SmarterWorx will outperform Dogecoin and Shiba Inu
SmarterWorx is a new advancement in digital asset technology. The project brings together the physical and virtual worlds by combining solid crypto, Non-Fungible Tokens, and physical art in one space. The project is still underground but gaining much traction from crypto and NFT-savvy investors. Although currently on presale, SmarterWorx has solid tokenomics likely to make the project outperform Shiba Inu and Dogecoins
An interesting fact about the project is that it will open up expensive art to retail investors, a space that is normally designed to only benefit the wealthy, sophisticated, and high net-worth investors. By purchasing and holding ARTX tokens, investors will have a piece of the cake on the expensive art.
SmarterWorx has minted 1 billion ARTX tokens, the native cryptocurrency of the ecosystem that will be backed by ‘phygital’ items (a hybrid of physical and digital products). Part of the funds generated from the presale will be used to set up the digital art portfolio, whose value will be pegged to ARTX. This means the more digital collections are added to SmarterWorx’s collection, the more valuable ARTX will become.
Moreover, SmarterWorx has an interesting burning feature for ARTX tokens. When a piece of the NFT portfolio appreciates, the DAO governing the ecosystem will vote for selling rights of the NFT, and if more than half of the members agree to sell the token, 50% of the profit made will be used to purchase ARTX tokens and remove them from circulation permanently. This ensures a constant reduction of ARTX supply, ensuring investors an increase in the token’s prices in the long run.
Purchase your ARTX today and get a discount on the launch price. Early investors will benefit by joining the trend before it even begins.
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