Philosophically speaking the cryptosphere is standing on the verge of version 3.0. Pioneered by Bitcoin and Ethereum, its second incarceration came with the influx of newer experimental technologies which expanded the bounds of possibilities. As 2024 opens, Blockchain 3.0 is dawning as the technology matures and utility is refined. The giants of the second incarnation, like Cosmos (ATOM) and Filecoin (FIL) served their purpose well, but with the maturation of technology, newer projects like Pushd (PUSHD) are taking over rapidly.
Cosmos (ATOM) – interoperability served its purpose
At its launch, Cosmos (ATOM) was a much-needed tech, enabling various competing blockchains to speak to each other. Two years in development before launching, Cosmos’s (ATOM) was every dApp developer’s dream. Cosmos (ATOM) went from less than half a cent the day before its launch to peaking at $44.47 eighteen months later. People who invested early in Cosmos (ATOM) became millionaires in months.
But as newer tech came into development, Cosmos (ATOM) lost its use case and the once popular coin lost 80% of its value, leaving its investors wondering if there are more exciting projects around.
Filecoin (FIL) – all hype and no uptake
Filecoin (FIL) was a brilliant idea for its time: decentralized storage. Filecoin (FIL) puts cloud storage on the blockchain, eliminating a single point of failure and ensuring data availability. Filecoin (FIL) skyrocketed in the first six months of launch, handsomely rewarding investors but met with slow block speeds and high retrieval costs. Filecoin’s (FIL) fell out of favour almost as fast as its popularity grew.
In June 2022, Filecoin (FIL) lost almost all its value and hasn’t recovered since newer blockchains offer what Filecoin (FIL) did at much better speeds and costs, leaving investors frustrated and seeking better options.
Pushd (PUSHD) – the next step in blockchain tech
For too long, ‘cryptocurrency’ and ‘smart contracts’ have been academic concepts, with many cynics questioning what it is for. Not anymore, as Pushd (PUSHD) is pioneering the new wave of crypto utility in a first-to-market peer-to-peer sales platform.
Pushd (PUSHD) is using blockchain and cryptocurrencies for what they were meant for: enabling the free trade of goods in a deregulated and decentralized environment. Pushd (PUSHD) is like Amazon but with 0% commission and avoids the regulatory hassles of legacy platforms.
Pushd (PUSHD) is the epitome of blockchain development. With its presale token available at $0.08 Pushd (PUSHD) is the hottest crypto token that everyone wished they got when it was still cheap.
As we stand on the precipice of a new era in blockchain technology, investors would be well advised not to hold onto older tech like Filecoin (FIL) and Cosmos (ATOM) just because it was once popular. Tech which utilizes blockchain instead of just developing it for its own sake is the future, which is why Pushd’s (PUSHD) presale is attracting old-school investors.
Find out more about the Pushd presale at their official website.