Investing in cryptocurrency comes with its risks but is also potentially extremely profitable.
While buying stocks remains a more stable and less volatile option for investors, cryptocurrency remains the most profitable option. Albeit crypto has its risks, there are various advantages such as incredible security, easy transactions, and outsized returns. Having a diverse crypto wallet could be beneficial, as different cryptocurrencies have varying features which can make their users profit.
As a beginner investor, diversifying your crypto wallet is vital, although you may not want to risk putting all your savings into Ethereum or Bitcoin. The three tokens discussed in this article are just as profitable, although doing some research before investing is advised.
Count Your Steps with STEPN (GMT)
STEPN is a great Web 3.0 lifestyle app with Social-Fi and GameFi elements on the Solana blockchain. STEPN is one of the first-ever cryptocurrencies to bring to life a move-to-earn concept, finishing 4th out of 500 plus projects at the Solana Hackathon in 2021. Move-to-earn is a new category that came about through combining aspects from play-to-earn games with a fitness app.
Users of the lifestyle app equip themselves with NFT performance sneakers, which they can then use for outdoor activities such as sprinting, running, going for a light jog, or even taking a walk. GMT users will receive game currency that can either be used in-game or can be cashed as profit. STEPN, with the aid of GameFi, aspires to push millions of people toward a healthier way of living, fight climate change and connect their platform to Web 3.0.
The running application STEPN has promised that it will donate 100,000 US Dollars monthly towards carbon removal as part of its earth day objectives. The sums of the money collected yearly will go towards helping reduce over 69,000 tonnes of carbon from the planet.
Pac-Man Frog (PAC): Teachers of Tomorrow
The ground-breaking model of PAC has been developed from a synthesis of academic research and financial market experience. The Pac-Man Frog Academy will be developing a dedicated incubator and gaming platform to empower its creators with access to capital and control over what happens in their community.
Pac-Man Frog leverages the Solana ecosystem to enable a fast, cheap and intuitive trading experience for users while keeping it fully decentralised thanks to an infrastructure built on top of several smart contracts and blockchain oracles.
Axie Infinity: A Digital Nation
Axie Infinity (AXS) is a game universe filled with fascinating creations. Players aim to battle, breed, collect, and raise their Axies – little creatures found in the Axie Infinity world. The Axie Infinity universe has a player-owned economy where players can truly own, trade and sell resources they earn in-game. AXS wants to create an amazing gaming experience with its community and use the player-owned economy as a foundational pillar.
To conclude, diversifying your crypto wallet can be seen as a good idea because all these cryptocurrencies have their strong suits. For example, Pac-Man Frog aims to revolutionise the NFT gaming realm and wants to join the GameFi side of crypto. As the play-to-earn concept is becoming more and more prominent, it can potentially dominate in the future.
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