CoinCheckup

Blog

  • Crypto Coin Price Prediction: Shiba Inu (SHIB) Has Eyes on Recovery After Shibarium Debacle, but Uwerx (WERX) Keeps on Pumping

    Crypto Coin Price Prediction: Shiba Inu (SHIB) Has Eyes on Recovery After Shibarium Debacle, but Uwerx (WERX) Keeps on Pumping

    The meme coin, Shiba Inu (SHIB), experienced some issues with its beta testnet project. While the Discord group thought that was an end to the Shibarium debacle, the developmental team released an exciting update recently. This again caught the attention of several crypto traders in the blockchain community.

    Even though Shiba Inu (SHIB) is at its recovery stage, the crypto community is in greater anticipation of the Uwerx project. Many expect this project to proffer solutions to the setbacks experienced on freelance platforms. We believe Uwerx will provide greater benefits to freelancers, including minimal transaction fees and increased transparency. 

    The Fall of the Shibarium Project

    When the blockchain network, Shibarium, was launched, the aim was to increase transaction speed among traders using a layer-2 contract. However, Shibarium was considered a stolen project, as the layer-2 network is nothing similar to the Shiba Inu (SHIB) crypto. 

    Unfortunately, this affected the token’s market price, as Discord members lost interest in the blockchain project. However, the development team claimed the Shibarium code was an error, and the crypto community should expect a beta ID soon.

    Shiba Inu (SHIB) May Recover Sooner Than Later

    Recently, the Shiba Inu (SHIB) coin has been thriving as a valuable asset to the crypto community. The coin has experienced about a 4% increase in market price, which suggests the downtrend may be over. The Shiba Inu (SHIB) token’s market price is $0.0.00000904, with a 24-hour trading volume of $174,374,376. 

    Even though Shiba Inu (SHIB) is below its all-time high price prediction, experts believe it may be near $0.0001 by 2025. This is because Shiba Inu (SHIB) is set to release more DeFi based projects before the next decade, which would increase its value as an exchange coin. However, the token’s market capitalization remains $6.20B. Nevertheless, those finding it difficult to recover from Shiba Inu (SHIB)’s downfall can look forward to a better alternative.

    Uwerx (WERX) May Be the Savior You Need

    As mentioned, investors who have lost hope in Shiba Inu (SHIB) may look forward to the Uwerx crypto project. Uwerx will provide users with excellent and unique features, such as freelancer webinars, escrow payments, and sign-up incentives. 

    The Uwerx platform will encourage freelancers to join the blockchain system by providing a transparent and minimal 1% flat fee. This is a reasonable deduction fee compared to the 20% flat rate offered by other freelancing platforms, including Upwork and Fiverr. Uwerx has also been successfully audited by Solidproof and InterFi Network, ensuring users of the platform’s security.

    The Uwerx developmental team looks forward to renouncing contract ownership so every user can access the platform’s features and activities. Users may also participate in a liquidity lock for 25 years after the presale events end. We are convinced the growing remote work trend will keep attracting crypto traders and investors to the WERX token.

    Join the Uwerx (WERX) Ongoing Presale Now!

    You can invest in the Uwerx platform by buying the token in the ongoing presale. The WERX token price is currently $0.0225, but it will most likely increase after the first stage of the presale. Experts predict the token price will rise to $2.73 in the second quarter of 2024. Grab this opportunity to earn massively by reselling a token at a higher value. 

    Click the links to take part in the presale:

    Presale: invest.uwerx.network

    Telegram: https://t.me/uwerx_network

    Twitter: https://twitter.com/uwerx_network

    Website:https://www.uwerx.network

    Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.

  • Join the Sports Tournament on 1xBit: Any Ticket Can Turn Up 50 mBTC

    Join the Sports Tournament on 1xBit: Any Ticket Can Turn Up 50 mBTC

    1xBit Super Six

    May 10, 2023, Victoria, Seychelles—The Super Six tournament is gaining momentum on 1xBit. Winners of the second round have already claimed their winnings but the prizes from the 6 BTC prize pool are yet to dry out. 

    Now is the perfect time to join the Super Six tournament, as the next prize draw starts very soon. Bet on your favorite football league and win big!

    How to join the Super Six Tournament 

    First, you must create an account on 1xBit or log into your dashboard if you are already a member. Secondly, you must indicate interest by going to the offer page to join the Super Six tournament.

    And once you have fulfilled the above conditions, start the race by placing bets on EPL, Bundesliga, La Liga, Serie A, Ligue 1, and Primeira Liga to collect promo tickets.

    The promo tickets are your getaway to take part in multiple prizes draws and win, which means you can increase your chances of winning by gathering as many promo tickets as possible. 

    Prizes to be Won 

    As stated earlier the Super Six tournament features multiple draws and the last draw was on May 9. However, there are still more draws on the way so there is never a wrong time to join and play.

    The first set of prizes will see 15 players for each league rewarded (with 50 mBTC as the top prize) in a three-period cycle of which the 3rd period will be held over the next 3 weeks.

    The second part of the reward session will be done 6 times to be held at the end of each league, EPL, Bundesliga, La Liga, Serie A, Ligue 1, and Primeira Liga. The winners will go home with at least 10 mBTC as 50 mBTC is the top prize.

    The final prize draw will also be held to reward 5 players with 300, 200, 100, 70 and 50 mBTC.

    It is also good to note that the Super Six tournament will run till May 29, 2023. All activities will be on 1xBit, the leading crypto betting site in the world.

    Benefits of Joining 1xBit 

    Apart from hosting the Super Six tournament, 1xBit also hosts other weekly and monthly reward sessions on the site.

    1xBit has sports events from every angle you could think of. On 1xBit, you can bet on different leagues and various sports types.

    Variety is a thing on the online sportsbook, for instance, over 40 altcoins have been added for users to transact with.

    You can register on 1xBit in less than 2 minutes because you do not need to submit your KYC, which also gives you the advantage of being anonymous as you place your bets.

    If you are new on 1xBit, do not forget to access the 300% welcome bonus that is eligible for your first four deposits. Boost your first deposit bonus up with promo code SUPER1X!

    Join 1xBit and enjoy zero transaction fees and swift payouts using crypto.

    You can also follow 1xBit on the various social media platform to get more updates on products and services: Twitter | Instagram | Telegram | Telegram Contest Channel.

    Media Contact Details

    Contact Email: marketing@1x-bit.com

  • 3 Ways Uwerx (WERX) is Impacting the Freelance Industry As Opposed to Other Traditional Freelance Platforms

    3 Ways Uwerx (WERX) is Impacting the Freelance Industry As Opposed to Other Traditional Freelance Platforms

    Seventy-three percent of the youthful population in the US consider freelancing as a smart choice in an uncertain economy. It’s a global trend gaining value, making the gig economy and freelance industry soar. This article gives valuable details on Upwork, Fiverr, and the upcoming platform Uwerx, explaining why it’s a game-changer in freelancing.

    Upwork Revamps System to Support Full-Time Hiring

    Upwork is a leading online marketplace connecting freelancers with clients. It has been a hub for independent professionals since its inception. Though the latest figures for 2023 are unavailable, in 2019, 2,164,174 freelancers registered on the platform. 

    In a major overhaul of its system, Upwork has now taken a bold step towards facilitating full-time hiring between clients and jobseekers. However, it is important to note that Upwork charges a service fee ranging from 5-20% directly deducted from the freelancer’s earnings.

    Fiverr: The Online Platform for Freelance Services

    In 2021, Fiverr had $1 billion in Gross Merchandise Volume (GMV) thanks to its 4.2 million active clients, and right now, the number has grown. Fiverr connects freelance service providers with buyers in a unique way. Buyers purchase a predefined gig that suits their needs rather than writing a job description and filtering applicants.

    If you register as a seller on Fiverr, the platform charges a service fee of 20%. This covers Fiverr’s promotions and sellers’ services. 

    Uwerx (WERX): The First Global Blockchain-powered Freelance Platform 

    Uwerx will be a decentralized platform for the global gig economy that aims to transform the traditional freelancing industry. It will be the first global, blockchain-powered freelance platform with a host of unique features that will disrupt and revolutionize the industry.

    How Uwerx (WERX) Will Impact the Freelancing Industry 

    Here are three ways Uwerx will do this:

    1. Secure and Transparent Payment System

    Uwerx will introduce a secure and transparent payment system through its blockchain technology. This provides security and transparency on all transactions on the platform. Payments will be made through Uwerx’s cryptocurrency, WERX, providing an additional layer of security and transparency.

    2. Greater Trust and Confidence

    With its focus on providing a safe and trustworthy platform for freelancers and clients, Uwerx will increase trust and confidence in the freelancing industry. So you can showcase your skills and expertise globally and find the right talent for your projects. 

    3. User-Friendly Interface

    Uwerx will use a user-friendly interface that makes it easy for you, as a freelancer, to create profiles, set rates, and showcase your portfolios. Contrastly, as a client, you’ll have the opportunity to browse through any freelancer’s profile and select the best for your goals. 

    Why Uwerx (WERX) is the Better Alternative

    Uwerx will charge only 1% as its flat fee, which is way lower than the 20% charged by other freelancing platforms such as Upwork and Fiverr. The WERX token is currently on presale at just $0.0225 per token, which is a steal. The WERX token’s value is expected to rise, and by Q3-Q4 2023, we are confident that it’ll hit $0.79 and $1.94 by Q1-Q2 2024. 

    Also, to avoid potential rug pulls and ensure equal access for all investors, the Uwerx team has decided to renounce contract ownership of the project once taxes are sorted; before listing on a centralized exchange. This is a smart move considering the volatile market and numerous scams that happen in the crypto world. 

    Join Uwerx’s presale today and benefit from a 20% bonus and a chance to check out the Alpha release! 

    Click the Links Below to Know More About Uwerx:

    Presale: invest.uwerx.network

    Telegram: https://t.me/uwerx_network

    Twitter: https://twitter.com/uwerx_network

    Website: https://www.uwerx.network/

    Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.

  • Venom To Launch A Blockchain Hub With Kenyan Government

    Venom To Launch A Blockchain Hub With Kenyan Government

    Abu Dhabi, UAE, May 10th, 2023, Chainwire

    Venom Foundation has announced a strategic partnership with the Government of Kenya to establish a “blockchain hub” in Africa, focusing on the development of Web3 and blockchain technology applications. This collaboration aims to drive innovation in key sectors such as financial infrastructure, supply chain, agriculture, SMEs, and cross-border trade, benefiting Kenya and the entire African continent.

    More than 84% of the Kenyan population have access to financial services through banks and fintech. However, with the implementation of blockchain infrastructure as a long term strategy it will further increase the value for the population, create more opportunities for the Kenyan domestic economy, create new international trade routes and add efficiency to intra African trade lines.

    Venom Foundation’s expansion into Africa highlights the continent’s forward-thinking approach to adopting web3 and blockchain technologies, showcasing its commitment to embracing innovation and leading through implementation. By advocating for the adoption of blockchain technology, Venom Foundation seeks to empower African communities, create a bridge between traditional finance and trade with the web3 world, and stimulate regional economic growth by enabling seamless cross-border trade and transactions. Tangible benefits that can be realized include minimized transaction costs, enhanced security and transparency, increased access to financial services, expedited settlement times for cross-border transactions, and the creation of new investment opportunities through asset tokenization. These advancements hold considerable potential to substantially contribute to economic development and financial inclusion across the continent.

    The blockchain hub will act as a central platform for forging partnerships with innovative companies, fostering knowledge sharing, networking, and collaboration among key stakeholders in the blockchain space, such as projects, entrepreneurs, and government officials based in Africa. Venom will also supply crucial tools and resources to support African countries in establishing a solid foundation for digital transformation. This includes blockchain-based solutions for supply chain management, land registry,

    voting systems, tokenization of assets, and other areas where blockchain technology can make a significant impact. By implementing these solutions, the partnership aims to promote transparency, efficiency, and trust across various sectors throughout the continent.

    Christopher Louis Tsu, CTO for the Venom Foundation, commented “Africa is already rich in natural resources and human capital, by bringing next generation blockchain technology to the continent it will empower the people and help not only Kenya but many other African nations to capitalize on their assets and participate in new global markets, competitively”

    The Kenyan government also expressed enthusiasm for the partnership. Moses Kuria, the Cabinet Secretary for Investments, Trade and Industry, stated, “We are excited to work together with the Venom Foundation. This collaboration signifies the stance that we are taking towards next-generation technology, and financial and technological developments in the world. We believe that the establishment of this blockchain hub will catalyze further innovations in various industries, benefitting our people both nationally and globally.”

    About Venom Foundation

    Venom Foundation is licensed by the ADGM and enables the acceleration of global Web3 projects. The decentralized network operates under the jurisdiction of the Abu Dhabi Global Market (ADGM). The ADGM is an oasis for investors and financial services firms, positioning Venom as the world’s first compliant blockchain, affording authorities and enterprises the freedom to build, innovate, and scale.

    A portfolio of in-house dApps and protocols has been developed on the Venom blockchain by various companies. With capabilities of dynamic sharding, low fees, ultra-fast speed and scalability, Venom harbors the potential to function as the main infrastructure for a global ecosystem of Web3 applications, possessing ultra-fast transaction speeds and infinite scalability to meet the demands of an ever expanding user base.

    For more information about the Venom testnet launch, visit: Website

    For more information about Venom Foundation, visit: Website | Twitter

    Contact

    Adam Newton
    pr@venom.ventures

  • Go Big Or Go Home: Investing in Big Eyes Coin, the Next Big Meme Coins

    Go Big Or Go Home: Investing in Big Eyes Coin, the Next Big Meme Coins

    If you are reading this then it only means one thing which is that you are thinking about investing in crypto to replicate the success and reap the rewards that Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) have enjoyed. Anyone who may have disregarded DOGE when it launched in 2013 is likely to have regretted their decision, given that it surged by more than 2000% in 2021 when the meme coin space peaked. DOGE’s success is largely attributed to support from its loyal community and celebrities such as Elon Musk, Mia Khalifa, and Marc Cuban.

    The question at this time is what will be the next big thing in the crypto verse to take the world by storm with overwhelming support from the crypto community? The answer is simply BIG, more specifically it is to go BIG with Big Eyes Coin (BIG). The token is the latest addition to the world of meme coins and has already generated tons of attention. In a world full of dogs why not go against the grain and be a cat?

    Why BIG Is The Meme Coin You Have Been Waiting For

    BIG is a feline-inspired coin that features big, adorable eyes, similar to that of Buttercup from The Powerpuff Girls, perhaps even cuter. Despite being in its presale stage, the coin has already raised an impressive $35 million, making it a serious contender to Dogecoin (DOGE).

    BIG has managed to build a strong community around its unique branding and its commitment to donating 5% of its total token supply to support ocean-based charities. Additionally, BIG has passed CoinSniper’s Know Your Coin (KYC) certification and audit, providing investors with an added layer of security against scams, frauds, and potential rug pulls.

    Investors looking to get in on the BIG action can take advantage of a 300% bonus promo code by using END300 during checkout. While many investors prefer to wait for a coin to go live and stabilize before investing, they risk missing out on the advantages of the presale price, which can skyrocket once the coin is officially launched.

    At present, 1 USDT is equivalent to 177.15 BIG, without including the bonus or promotional code. However, the presale will come to an end on June 3, 2023, so investors need to act fast to take advantage of the current price.

    While investing in any crypto is risky, BIG has already shown promise with its successful presale and certification. As history has shown, the best time to invest in any crypto is before it gains mainstream popularity, so this could be a prime opportunity for investors to add BIG to their crypto portfolios.

    BIG is a new and exciting player in the meme coin market, and its unique branding and philanthropic efforts make it stand out from the crowd. Investors looking for a potentially high-risk, high-reward opportunity low cap cryptocurrency option should look into BIG.

    It’s not often that an opportunity such as BIG comes around and with the presale coming to a close, it’s better to invest than be sorry. In today’s day and age of technology, it’s easy to be overwhelmed by the plethora of options when it comes to cryptocurrency. However, not every crypto has the support of the crypto community like BIG does.

    Use Promo Code ‘END300’ during checking for 300% Bonus

    Presale: https://buy.bigeyes.space/ 

    Website: https://bigeyes.space/

    Telegram: https://t.me/BIGEYESOFFICIAL 

    Opensea: https://opensea.io/collection/big-eyes-lootbox-cards

    Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.

    ​

  • Dubai’s VARA Grants Initial Approval to MaskEX, Paves Way For Its Launch in UAE

    Dubai’s VARA Grants Initial Approval to MaskEX, Paves Way For Its Launch in UAE

    crypto event

    Key Highlights:

    • Next-generation cryptocurrency exchange MaskEX, has obtained initial approval from Dubai’s Virtual Asset Regulatory Authority (VARA), paving the way for its official launch in the United Arab Emirates (UAE).
    • MaskEX seeks to extend its user-friendly Interface and advanced trading tools provisions to crypto traders in the middle east.

    MaskEX, a next-generation cryptocurrency trading platform, is a step closer to its official launch in the United Arab Emirates (UAE) as it has obtained initial approval from Dubai’s Virtual Asset Regulatory Authority (VARA), the company announced via an official press release today.

    MaskEX is a renowned digital asset trading platform that is committed to offering a user-friendly interface and advanced trading tools, making it easy for both novice and experienced traders to navigate the crypto market. The exchange offers a comprehensive range of products, including savings packages, deeply liquid markets across a wide range of trading pairs, and efficient on- and off-ramp products to help users easily convert fiat currency to digital assets and vice versa.

    MaskEX Seeks to Launch in the Middle East

    The approval will see the company proceed with finalizing its entity incorporation, procuring banking services, increasing its workforce for its upcoming headquarters in Dubai, and taking the necessary steps to become the UAE’s inaugural regulated exchange, all thanks to the initial approval granted by VARA.

    The approval marks a significant milestone for MaskEX, as it plans to expand its presence in the Middle East and bring the benefits of virtual assets to a wider audience. Ben Caselin, Vice President and Chief Strategy Officer of MaskEX acknowledged this saying, “the initial approval from VARA is a major milestone for us, and is of great significance not just for the UAE but for the entire MENA region.”

    We look forward to working closely with the regulatory authorities to ensure that our platform meets all necessary requirements and provides a secure and transparent environment for our users,” Ben added.

    Prior to the approval grant, MaskEX has applied for exclusive services and activities which include exchange, lending and borrowing, broker-dealer, and virtual asset management and investment services, with the aim of obtaining VARA’s highly acclaimed FMP license.

    According to the announcement, the launch of MaskEX in the UAE is expected to generate substantial benefits for the local economy, including the establishment of new job opportunities and the attraction of foreign investment. As the UAE takes a leading role in the region by focusing on digital transformation and aspiring to be a pioneer in blockchain technology and virtual assets, the launch of MaskEX will be a significant milestone in accomplishing these aspirations.

    Expressing the company’s delight on its newest achievement, Eric Yang, CEO of MaskEX said, “We are extremely proud and grateful to have received initial approval from VARA, which is a testament to our commitment to meeting the highest regulatory standards.”

    Yang’s statement further reads, “We believe that our platform will provide users in the UAE with a safe, reliable, and efficient way to access the world of virtual assets, and we look forward to launching as soon as possible, while strictly adhering to the requirements laid out by VARA.”

    Conclusion

    The initial approval granted by Dubai’s Virtual Asset Regulatory Authority (VARA) to MaskEX represents a significant milestone for the next-generation cryptocurrency exchange as it paves the way for its official launch in the UAE. With its commitment to offering a user-friendly interface and advanced trading tools, MaskEX aims to provide a secure and transparent environment for crypto traders in the Middle East. The company’s expansion into the region not only signifies its contribution to the local economy through job creation and foreign investment but also aligns with the UAE’s vision of becoming a leader in blockchain technology and virtual assets. With the stage set for its launch, MaskEX is poised to bring the benefits of virtual assets to a wider audience in the UAE and beyond.

  • STAR Unveils Opportunity for Japanese SMEs to Gain International Prestige

    STAR Unveils Opportunity for Japanese SMEs to Gain International Prestige

    Tokyo, Japan, May 9th, 2023, Chainwire

    The STAR project is a new initiative to help Japanese SMEs gain international recognition and prestige. The project seeks to uncover the valuable products, technologies, and know-how of small-to-medium-sized businesses.

    With an advanced ecosystem, the project opens new opportunities for mutual benefit between Japan and its partners abroad.

    A Project with a Clear Goal

    The STAR Project has a clear goal: to help Japanese SMEs effectively communicate their products and technologies. Through this project, SMEs can gain access to funds that they can use to reinvest in their business.

    Foreign companies can also take advantage of the program. Specifically, foreign companies may purchase products, technology, and know-how from Japanese SMEs and partner up with them. Ultimately, the project aims to revive the economy of Japan and the world, creating a sustainable future.

    This initiative helps Japanese SMEs market their valued products and technology to overseas enterprises. A win-win situation is possible when both parties benefit from exchanging goods and services successfully.

    Where Does This Initiative Come From?

    This initiative originated from a desire to maximize the potential of Japan’s technological capabilities. Despite the economy’s potential, Japan still falls behind other countries in the overall score of the Global Innovation Index 2021. 

    This suggests that there are issues beyond technological capability that the economy needs to address. One such issue appears to be public relations activities. Japanese people tend to glorify modesty, with many mistaking this attitude for weak presentation skills.

    STAR improves firms’ abilities to close the gap between Japan’s technological strength and worldwide innovation index score. With strong technical capabilities and enhanced public relations activities, Japanese SMEs and foreign-affiliated companies can impact the global market more.

    How STAR Intends to Target Its Market

    STAR seeks to target both Japanese SMEs and foreign companies. STAR’s platform will aggregate SMEs’ goods, technology, and know-how to attract overseas enterprises.

    It will provide various types of support to foreign companies to gain a foothold in Japan and develop their products. In addition, STAR will accept “StartupersCoin,” a token to be used by foreign companies for payment of platform services.

    SMEs will receive revenue from revaluing their products, technology, and know-how to reinvest in their firm, particularly abroad. This strategy intends to benefit both Japanese SMEs and foreign companies. Ultimately, STAR seeks to revitalize the economy of not only Japan but the entire world and create a sustainable world.

    STAR’s AUCTION is a platform designed to facilitate transactions between foreign companies and Japanese SMEs. All foreign companies registering on AUCTION are subject to screening to ensure their trustworthiness. After passing the screening process, the company can participate in an auction-style bidding process for Privileges, as illustrated below.

    During the auction, each participant will need to disclose various business details. In case a company wins the Privilege, it will be able to trade products containing confidential information.

    About STAR

    STAR is a platform that connects Japanese and foreign companies to facilitate mutual development. It aims to increase the number of companies that foster world peace and sustainability through its principles, starting from Japan.

    Japanese businesses have traditionally grown on the concept of “Wa,” or harmony, with employees forming strong ties within the companies. STAR intends to leverage this fertile business setting and act as a growth facilitator.

    The team is preparing for a listing event on May 10th on Bitmart. In this rapidly growing context, the team hopes to create an environment of mutual understanding and support between companies worldwide.

    Anyone wishing to learn more about STAR can find more information on its website and the team’s Twitter page.

    Contact

    M. Sasaki
    STAR
    info@startupers.io

  • Freelancing Is Predicted To Reach $12 Billion In 2028; What Part Can Blockchain Adoption Play?

    Freelancing Is Predicted To Reach $12 Billion In 2028; What Part Can Blockchain Adoption Play?

    Millions of workers worldwide choose to freelance, thanks to the rising popularity of the gig economy. The gig economy is set to hit $12 billion in 2028, but could blockchain technology be at the epicenter of this growth? In this post, we discuss blockchain’s potential impacts on the gig economy and how it can contribute to its development.

    Payment Processing

    Payment processing is among the most significant challenges that freelancers encounter. With traditional payment methods often expensive, slow, and unreliable, freelancers frequently have to wait days or even weeks to receive their earnings. Blockchain technology provides a more efficient system that eliminates intermediaries like payment processors and banks.

    Blockchain enables a direct payment system between clients and freelancers, lowering transaction costs. Crypto payments also offer cheaper transaction costs and higher security. This fast-tracks the payment process, allowing freelancers to receive compensation instantaneously.

    Identity Verification

    Clients and freelancers want to ensure the authenticity and credibility of those they work with, and blockchain technology helps solve this by offering a decentralized and secure identity verification approach.

    Blockchain enables freelancers to create immutable digital identities that are stored on-chain, allowing clients to verify freelancers’ identities instantly. This eliminates costly and time-consuming background checks and also lowers identity fraud risk.

    Transparency via Smart Contracts

    A smart contract is an agreement between two parties written into lines of code and programmed to self-execute automatically when predefined criteria are fulfilled. Deploying this technology in the gig economy will automate the contract process, increasing efficiency and reducing the risks of disputes.

    Clients and freelancers can agree on the contract terms, which are stored on the blockchain, and self-execute automatically once the contract terms are fulfilled, releasing payment to the freelancer.

    Decentralized Marketplaces

    Developers can leverage blockchain technology to create decentralized marketplaces like the new crypto platform, Uwerx, where clients and freelance professionals can connect directly, thereby eliminating the inefficiencies of traditional freelance platforms.

    What Is Uwerx (WERX)?

    Uwerx is a soon-to-launch Web3 freelance decentralized marketplace that will deliver all the great features of traditional freelance marketplaces without their inefficiencies.

    Built on the Ethereum blockchain, Uwerx will deliver secure and transparent business engagements between clients and freelancers while offering verifiable identity proof and protecting intellectual properties.

    The platform will also offer exciting features like gamified incentives (sign-up and performance bonuses), collaboration tools, personalized matching, and dispute resolution to deliver a cutting-edge user experience. 

    When the project launches, it will allow freelancers to earn in its native utility ERC-20 token, WERX, which can be swapped with other ERC-20 tokens on Uniswap (UNI). This means that Uwerx is a decentralized marketplace and a complete DeFi ecosystem.

    Uwerx has already secured audit approvals from InterFi Network and Solid Proof. With well-structured tokenomics, Uwerx will offer 300 million WERX coins of its 750 million total token supply in multiple presale rounds starting at $0.005/WERX. Post-presale, Uwerx will lock developers’ liquidity tokens for a 25-year period to prevent scams and ensure the security of investors’ funds. The team has taken an extra approach to guarantee maximum security to prevent rug pulls by announcing its renouncement of smart contract ownership when taxes reduce to zero.

    Post-launch, the value of WERX is predicted to reach $1 in Q3-Q4 2023. This is a 200x leap from its starting presale price. In comparison, fellow Web3 token like The Sandbox, which trades at $0.68 at the time of writing, is predicted to reach $0.89 within the same period — a mere 1.8x increase. To join the Uwerx presale, follow the links below.

    Presale: invest.uwerx.network

    Website: www.uwerx.network

    Telegram: t.me/uwerxnetwork

    Twitter: https://twitter.com/uwerx_network  

    Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.