Uwerx (WERX) Can Disrupt Freelance Platforms
Uwerx can potentially deliver big gains for investors in 2023 and climb the ranks of the top crypto projects. Uwerx wants to disrupt the world of freelance working with a decentralized platform that can upset the current Web2 players. The project can also avoid any problems from the SEC's actions. Even if the SEC wanted to class all cryptos as securities then new projects can simply go through the current channels. Older projects such as XRP and APE could see fines. A previous action against the BlockFi exchange resulted in a fine of $100m.
The gig economy is growing fast, and Uwerx can tap into that growth to grab market share. Uwerx will likely become a dominating force in the freelancing industry with its fundamental advantages over traditional freelancing platforms. Investors can get WERX in the current token presale for only $0.0065 and ride what is potentially the most explosive presale of 2023.
Ripple (XRP) Still Weighed by the SEC Case
Ripple (XRP) is currently seeing its progress hampered by the lawsuit brought by the SEC, which claims that the token is a security. The regulator is responsible for overseeing securities offerings in the stock market under the securities laws and has attempted to bring similar oversight to the crypto market. Ripple’s executives were accused of an unregistered securities offering and the token has struggled for gains since the case began in December 2020.
The executives at Ripple (XRP) have recently expressed confidence that they can win the case as XRP does not pass the “Howey Test” which the regulator uses to define whether an asset is a security. However, despite that confidence, the case is no closer to a solution. Another piece of evidence used by the defense was previous comments from an SEC director which claimed Bitcoin and Ethereum do not classify as securities because of their “decentralized nature”. A loss for XRP could have repercussions for the broader market and could see retrospective fines for projects.
ApeCoin (APE) Can Find itself in SEC Trouble
The price of ApeCoin (APE) also suffered with a sell-off in October last year after the SEC launched an investigation of Yuga Labs. The development house was responsible for the phenomenon that was the Bored Ape Yacht Club NFTs. The group also released ApeCoin (APE) to back up the ecosystem with governance and other utility. The price of APE slid on the SEC news and the investigation has yet to bring any charges against the project.
ApeCoin (APE) could have a strong upside potential as it will likely have utility for the metaverse efforts of Yuga Lab. The project’s Ape NFTs have also held good collateral value despite the big slowdown in the market for digital collectibles. The SEC was looking at the ApeCoin offering and other NFTs in their investigation. Investors would be advised to avoid large investments in these tokens that could face regulatory obstacles in the future.
Uwerx can provide a big risk/reward profile without the risk of falling foul with regulators. This is a project which seeks to solve real world problems with tangible benefits for one of the fastest and most resilient industries the world has ever seen. See the links below to get in on the presale- inclusive of a 25% bonus and a chance to win $5,000.:
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network/