Tag: WERX

  • Uwerx On the Path To Success After Executing Strategic Relaunch Plans

    Uwerx On the Path To Success After Executing Strategic Relaunch Plans

    Following Uwerx’s exceptional performance during its presale phase, experts expected a successful launch for the project. Uwerx did just that. On August 1, 2023, the project joined the coin market to the praise of investors. 

    The high praises died down just days later as a hacker attacked Uwerx. This left investors concerned about how Uwerx would pull through the hurdle. Let us see what the project developers have been up to.

    Uwerx’s Impressive Roadmap

    Uwerx saw arguably one of the best cryptocurrency presale phases ever in the coin market. Its 5-phased presale recorded remarkable success at each stage before coming to an end on July 31, 2023. Its developers had already set an impressive roadmap that translated to presale success. 

    The development team also launched Uwerx’s Alpha version, with numerous core functionalities. They also began working on the platform’s Premium features and started the promised liquidity lock. All plans were in place, and all presale promises were executed before the unfortunate hack, which set the team back. 

    How Uwerx Lost $327,000

    Uwerx fell prey to a hacker who stole over $327,000 worth of ETH. CertiKAlert and PeckShield Alert first reported the news on Twitter, making investors panic. 

    According to reports, the hacker caused an imbalance in the Uniswap pool after flash-loaning 20,000 ETH, exchanging it with 5,053,637 WERX tokens, and transferring 4,429,817 WERX tokens back into the pool. He then took advantage of the imbalance he created to siphon 176 ETH. 

    Uwerx Developers Swing Into Action

    Although the attack devastated the Uwerx development team, they wasted no time seeking solutions. The team alerted SolidProof and InterFi Network about the attack. They also sent a public message, asking the hacker to consider keeping 20% of the stolen funds and returning the rest. Additionally, the team announced that they will relaunch Uwerx on the Polygon network. 

    Uwerx Relaunch Date Draws Near

    A few days after creating and sending the contract address for audits, the results showed that the WERX Token Smart Contract had no issues, while the Uwerx Vault Smart Contract had several issues. 

    Aiming to resolve all problems, Uwerx developers created a new WERX Token Smart Contract and fixed the highlighted issues. They submitted the WERX Token Smart Contract and the Uwerx Vault Smart Contract for re-audits. 

    Following this, the team announced that they have burned 25,499,071 WERX tokens and have started the 9-month lock on their allocated tokens.

    They added that the Uwerx Vault has been deployed and urged the community to participate in the airdrop that will be conducted using the new contract address.

    The new WERX Contract Address is 0x9b2CFE1608250BEA375c6199b474B402BaD920da

    Showing how efficient they were, the Uwerx team shared the workflow of their designs for creating educational materials (courses) so that the community could study and send feedback. They also started working on the design for integrating services and platforms like LinkedIn, Trello, Asana, and Monday.com, as well as for the webinar sections. 

    A day after these announcements, the team received the results of the second audit and began working on resolving the issues they identified. They promise to fix all issues before the relaunch on October 25, 2023, at 12:00 p.m. UTC.

    The team also informed the community that the MVP version of the Uwerx platform should be completed by October 30, 2023. They shared a Figma file containing designs for service integrations. This allows the community to have a visual preview of upcoming features.

    The team also shared the final designs for freelancer-created courses and service integrations with platforms like LinkedIn, Trello, Asana, and Monday.com. They’ve also shared the completed design for the webinar section.

    The Uwerx development team has a clear vision for ongoing platform enhancement post-launch. They will follow up the relaunch with the promised airdrop. Users are encouraged to confirm their receiving wallet address by 15:00 UTC on October 8, 2023.

    For users who are confused about the DEXTools and different token/staking contracts, Uwerx developers have clarified the situation, stating that the token address was updated due to audit results and nothing more. They assure users of no associated risks. The team has also implemented a tax mechanism that will be allocated to the liquidity pool to fortify the platform against potential attacks. This safeguards the liquidity pool in case of an attack.

    Additionally, the team has established a maximum sell tax of 30%, assuring users it will always be within this threshold. The sell tax was designed with the belief that it would not be activated. This decision was made to prevent potential malicious misuse.

    Regarding the presale commitment to renouncing smart contract ownership, the team clarified that this action will occur once all smart contracts for premium features start running. They anticipate that WERX will be listed on CEX exchanges before this event.

    Marketing is essential, especially for a novel product like Uwerx. As a result, Uwerx developers will intensify promotional efforts in alignment with the relaunch, MVP release, and full platform rollout. This strategic move will maximize visibility and bring in new users.

    Furthermore, the team assured the community that they aim to have the platform fully operational within six months from October 30, 2023. This puts community members’ minds at ease, showing a clear trajectory for the Uwerx project development.

    Experts agree that the recent hack is a slight setback, and Uwerx will attain its rightful place in the coin market.

    Users are encouraged to continue sending feedback and suggestions to the email feedback@uwerx.network and to trust the team to deliver on their promises.

    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.

  • Uwerx Takes Swift Recovery Actions To Overcome Launch-Related Hack

    Uwerx Takes Swift Recovery Actions To Overcome Launch-Related Hack

    Uwerx is changing the face of crypto and freelancing. Its launch, which happened on August 1, 2023, witnessed massive success, exceeding expectations such that it now sits among the top cryptos in the market. 

    However, following the successful launch, Uwerx witnessed a hack challenge. But Uwerx is still committed to its core values. These values are transparency, security, and sustainability. 

    This article will focus on Uwerx’s successful launch, the hack, and Uwerx’s recovery strategy. We will also talk about Uwerx’s updates and the big things that are underway. 

    Uwerx’s Launch Exceeds Expectations: The Next Big Things Are Underway

    The gig economy is creating opportunities for freelancers and helping them to gain financial freedom. However, there could be more. 

    Imagine a freelancing industry where the rights of freelancers are protected, service fees are lower (in this case, only 1%), and blockchain technology is incorporated, leading to decentralization of freelancing, incentivization of freelancers, and more. 

    With the launch of Uwerx, a revolutionary freelancing platform, this is now freelancing’s reality.

    Uwerx, which launched on August 1, 2023, at 16:00 UTC, saw a significant success beyond what was initially forecasted. The developers’ agile methodology also contributed to the launch’s success.

    Uwerx was initially deployed on Uniswap (UNI), enabling token holders to trade their WERX on the protocol. Just as the team previously stated, they began the 25-year liquidity lock on the developers’ tokens to assure investors and users of the project’s sustainability.

    They reiterated that they would give up smart contract ownership once the project goes live on centralized exchanges. In tandem with this, the team submitted their applications to coin listing sites.

    A buyback campaign was launched to support the Uwerx platform further, and it is expected to scale as time progresses. The campaigns will be weekly. However, specific dates and times will not be released to avoid anyone taking undue advantage.

    The team is working hard to finish the platform’s core functionality design immediately. They are focusing on Client, Freelancer, and Agency Dashboards, Project Management, and Additional Settings Pages.

    After completing these, a Minimum Viable Product (MVP) with functions will be available to the public. The feedback gotten from these will guide the team in designing the premium functionality. 

    The team has completed the Uwerx Vault, which 84% of the community welcomed. Users can begin using it once the Uwerx Vault smart contract audit is completed.

    The Flash Loan Attack

    Following the successful launch, Uwerx was attacked on August 2, 2023, with the attacker gaining over $327,000. The attacker flash loaned 20,000 ETH, which was swapped for 5,053,637 WERX. Afterward, the attacker sent 4,429,817 WERX to the Uniswap pool, around ten times the prior balance. 

    The Uwerx contract had a private address variable, the UniswapPoolAddress, which was initially set to 0x00…1. Hence, the attacker created an imbalance by transferring tokens to the actual Uniswap pool using the skim() function of Uniswap with the 0x00…1 address as the “to” address.

    The attacker used the transfer function of the Uwerx contract, which first modifies the sender’s balance. If the “to” address is the uniswapPoolAddress variable (i.e., 0x01), it burns an extra 1% of the initial amount. Consequently, an additional 1% of the tokens were burned, creating the imbalance exploited by the attacker, which led the attacker to gain 176 ETH, or $327,000. 

    Uwerx Deploys A Mindblowing Hack-Recovery Strategy

    Although the hack was supposed to be a big blow, Uwerx took it in a positive light and has yet again shown it is here to stay. Rather than fold their hands, the Uwerx team faced the challenge head-on and devised strategies to overcome the hack. 

    First, they acknowledged the hack was true, a sign of their transparency and truthfulness to the community. Following this, they have put out a white-hat bounty, asking the attacker to return 80% of the exploited funds and keep 20%.

    Secondly, Uwerx is set to relaunch and will be back better and stronger. The new contract address will be released to the community, and enough time will be given for everyone to prepare themselves. The contract address will be audited twice by reputable companies and once by an independent contractor. 

    Although Uwerx was built on Polygon, it was initially deployed on Uniswap. But with the relaunch, it will deploy on Polygon. The advantages will include lower gas fees and the zero need for WERX holders to bridge if they want to use their tokens on the Uwerx platform. 

    An airdrop will be conducted once the vesting period is over to ensure those who bought WERX on Uniswap do not lose out following the relaunch. Also, the team assures those who bought WERX during the presale that their tokens are safe.

    The funds initially reserved for the buyback program will be used for the relaunch to provide liquidity. The team also suggests a sliding sell tax with 100% going to liquidity and a no-burn tax to support the Uwerx platform significantly.

    Also, the tokenomics will be changed to accommodate users and investors, and the recent proposition is: 

    • Presale: 57% (427,500,000)
    • User Performance Incentives: 6% (45,000,000) 
    • Liquidity Reserve: 14% (105,500,000)
    • Marketing: 9% (67,500,000) 
    • Team Tokens: 6% (45,000,000) 
    • Partnership Incentives: 2% (15,000,000) 
    • Joining Incentives: 6% ( 45,000,000)

    Based on the presale result, 25,499,071 WERX will be burned. The Uwerx Vault smart contracts are now being modified due to the change in Uwerx’s contract address. Also, Uwerx’s whitepaper will be slightly modified to reflect all the changes that will be made. 

    The development of the Uwerx platform is still in motion. Despite the recent hurdle, sections like Settings, Privacy Policy, Help Center, Login, Create Account, Forgotten Password, Finished Payments, and Security have been completed. 

    Uwerx has always been community-driven. As such, the team is conducting two polls this week to hear what the community wants. These polls have already been put up on Uwerx’s Telegram channel and Twitter page. The polls ask the community how long the vesting period should be and their thoughts on directing the sliding sell tax to liquidity. 

    The polls will end on August 13 at 18:00 UTC. After that, the team will begin building the new WERX on August 14 and announce the specific details of the new WERX relaunch. More feedback and opinions can be sent to their email, feedback@uwerx.network. 

    To further keep everyone in the loop, there will be a press release before the week runs out. This will further detail Uwerx’s recovery plan. Also, a more detailed update will be released on August 21 concerning WERX’s relaunch. 

    This hack incident has demonstrated Uwerx’s resilience, persistence, sustainability, and transparency as it upholds its vision and purpose amidst this setback. Also, Uwerx is ready to turn these challenges into opportunities, reinforce stronger security measures, and rebuild again. 

    The Uwerx community has grown exponentially, with over 2,500 Telegram members and 2,000 Twitter followers. Uwerx is definitely the future of freelancing, and its team is putting in efforts to ensure the project delivers on all its promises.

    With the moves the team is making and Uwerx’s clear vision, you might not want to miss out on the opportunity to be a part of the strongest and most supportive growing community. Click the links below for more details:

    Website: https://www.uwerx.network

    Telegram: https://t.me/uwerx_network

    Twitter: https://twitter.com/uwerx_network

    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.

  • KAS, Stellar up Over 10% in 24 hours, Uwerx Presale Ends Today!

    KAS, Stellar up Over 10% in 24 hours, Uwerx Presale Ends Today!

    In 24 hours, Stellar (XLM) and Kaspa (KAS) have recorded various gains of over 10%. Uwerx (WERX) isn’t left out, as it is unveiling its prototype platform to gain more investor attention. Amidst Stellar’s (XLM) and Kaspa’s (KAS) rise, Uwerx has many crypto experts hooked, and you’ll discover why.

    Kaspa (KAS) Traded over 30% In 24 Hours

    Kaspa (KAS) is a proof-of-work cryptocurrency that is known for its unbelievable mining speed. The Kaspa (KAS) blockchain also offers other benefits like higher transaction speeds, better scalability, and lower transaction fees.

    As the crypto market is in its recovery phase, Kaspa (KAS) traded over 30% in the last 24 hours. In the past month, Kaspa (KAS) recorded a staggering growth of 48.08%.

    This rise can be attributed to different reasons, like Kaspa’s (KAS) integration with Coinpal or its recent speed increase. That’s because Kaspa (KAS) recently recorded a milestone of hitting 10 BPS from 1 BPS. As Kaspa (KAS) is increasing its capabilities, Uwerx is similarly working on its Beta version and incorporating all investor feedback.

    Stellar (XLM) Goes Bullish as Value Rises over 10% In 24 Hours

    Stellar (XLM) is a blockchain project that was initiated to provide a more efficient peer-to-peer payment network. The Stellar (XLM) network is characterized by low transaction costs, high transaction speeds, and a market cap of over $3 billion.

    All of these characteristics make Stellar (XLM) a promising project, but things have been different since last year. Stellar (XLM) has been on a bear run since November 2022, and the SEC crackdown this year made things worse.

    Now, Stellar (XLM) has finally started recording some gains, as it rose over 10% on June 30, 2023. In the past month, Stellar (XLM) also rose by 14.22%. These gains aren’t restricted to just Stellar (XLM), as Uwerx recorded an increase in sign-ups to 7,256 overall.

    Uwerx (WERX) Presale Ends Today!

    From the 48% recorded in 2008, half of the businesses worldwide now employ freelancers. This means that the growth of freelancing is accelerating, and revolutionary sites like Uwerx are needed.

    Uwerx is a freelance site that runs on blockchain technology and demands a 1% flat fee for its services. This freelance site is more efficient due to blockchain technology, is more secure, and even comes with incentives for users.

    The Uwerx platform released an Alpha version of its site, and the positive feedback led to the development of the Beta version. While the Beta version is in the works, a working prototype is set to debut, showing the basic features of this platform. This includes freelancer and client account creation, client job post creation, freelancer job application, etc.

    The Uwerx platform has passed audits from SolidProof and InterFi Network, showing its legitimacy. The Uwerx team is also confident in this project, as they’ve locked in their tokens for 9 months.

    Act now before it’s too late! The Uwerx promotion for WERX is offering a special bonus of 12.50% on all purchases, alongside the existing 15% bonus. The current price is $0.05645. This limited-time offer concludes at 23:59 UTC today. Don’t miss out on these exclusive bonuses – seize the opportunity and make your WERX purchases now!

    Join the presale now and enjoy a 15% plus 12.5% bonus: 

    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.

  • Market Trend Prediction: Uwerx (WERX) to Continue With Impressive Run As BNB (BNB) Also Looks Promising

    Market Trend Prediction: Uwerx (WERX) to Continue With Impressive Run As BNB (BNB) Also Looks Promising

    Staying abreast of the market trend enhances your crypto investment decision-making. It helps you know which altcoins to avoid and which to consider. Uwerx and BNB (BNB) fit the latter category, and paying more attention to their market performance could yield rewards. We take a proper look at the altcoins below. 

    BNB’s (BNB) Stay At the Top Far From Over 

    BNB (BNB) is undoubtedly one of the top cryptocurrencies by market capitalization, prominence, profitability, and global adoption. The altcoin functions as Binance Chain’s utility token and facilitates transactions on the largest crypto exchange by trading volume – Binance. BNB’s (BNB) universal adoption as a payment medium has contributed drastically to its growth, and the cryptocurrency is expected to keep that up. 

    While many may argue that BNB’s (BNB) market performance hasn’t been as impressive since the last bull run, one can say that for every other cryptocurrency in the market too. BNB’s (BNB) recovery may be quite slower than expected, but the altcoin is still showing progressive signs. BNB (BNB) aims to make up for its struggle in the past month, and its market history and current trend suggest it is capable of doing so. The top altcoin is currently valued at $237+, but investors can expect a new month high that will beat its current $316 soon. 

    Uwerx (WERX) Likely to Have Strong Market Dominance After Presale 

    Unless there’s a new development, Uwerx is expected to end its presale by the end of the coming month. Hence,  potential investors yet to make up their minds have limited time to make a decision. Various analyses and predictions have revealed that betting against Uwerx may be regrettable, as the low-risk cryptocurrency has high success potential. 

    Uwerx got listed on CoinSniper some days ago, and the effect has been visible in its increased adoption. This will likely get better when Uwerx launches on major crypto exchanges like UniSwap and others. The UniSwap listing will happen shortly after the cryptocurrency’s presale ends, and it will likely position it for better adoption and increased market dominance. 

    Uwerx mainly aims to improve the freelancing industry by providing freelancers with higher earning possibilities, control over their services,  and access to other helpful features. The platform will likely dominate the freelancing industry soon due to its utilities and features that conventional freelancing platforms lack. 

    With Uwerx’s projected success, the optimism surrounding its utility token, WERX, equally increases. Top market players that have taken chances on the cryptocurrency are confident it will be a good decision in the long run. Market experts also share similar opinions.

    To commemorate Uwerx, there is a special offer for WERX purchases. Currently priced at $0.05645, customers can enjoy an additional bonus of 12.50%. On top of that, there is an ongoing bonus of 15%. Hurry, this exciting promotion will conclude today at 23:59 UTC.

    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.

  • Why is Shiba Inu Down Today? SHIB, SUI, WERX Price Analysis

    Why is Shiba Inu Down Today? SHIB, SUI, WERX Price Analysis

    The cryptocurrency market has been volatile in recent weeks, with the prices of many coins falling. Shiba Inu (SHIB) is one of the coins that has been hit hard, with its price dropping by over 20% in the past 24 hours. Let’s examine how market behavior affects tokens like Sui Network (SUI) and Uwerx (WERX). 

    Shiba Inu (SHIB) Experiences Price Decline Amidst Whales Selling Off and Lack of Major Developments

    There are several reasons why Shiba Inu (SHIB) is down today. One reason is that whales, or large coin holders, have been selling off their positions. This has put downward pressure on the price. Another reason is that there have been no major developments in the Shiba Inu (SHIB) ecosystem recently. 

    Shiba Inu (SHIB) has dropped 11.00% in the last month and currently trades at $0.0000077. This has made investors less interested in the coin. Furthermore, Shiba Inu (SHIB) has a market cap of $5 billion and a total volume of $101 million. 

    Analysts predict that a great surge in price is approaching. However, a significant change in the Shiba Inu (SHIB) ecosystem must have an impact on it. With so much uncertainty surrounding this asset, investors constantly seek other tokens to provide a good ROI as we approach Q4. 

    Sui Network (SUI): 2,000% Rally to 50% Plunge Amidst Dumping Rumors

    Sui Network (SUI) is a Layer 1 blockchain launched in May 2023 with a native token of the same name. The Sui Network (SUI) token has been on a wild ride since its launch. It saw a rally of 2,000% when it listed in May following its presale. 

    However, it has plunged by over 50% on rumors that the Sui Foundation was dumping rewards from locked and non-circulating stakes in Sui Network (SUI) on Binance. The current price of SUI is $0.6963, with a trading volume of $148 million and a market capitalization of $406 million. Sui Network (SUI) distribution is set to occur over the next seven years, with allocations for early contributors and investors rolling out starting in April 2024. 

    SUI tokens in the treasury of Sui Network (SUI) creator Mysten Labs will be unlocked in 2025. It remains to be seen how the recent dump of rumors will impact the long-term prospects of the Sui Network (SUI) platform. However, the team has quickly denied the allegations, and the project still has several strong fundamentals.

    Uwerx (WERX): Transforming the Freelance Market with Blockchain Innovation

    The freelancing industry is a rapidly growing and evolving sector of the global economy. The global freelance workforce is estimated to reach 78 million by 2023, up from 43 million in 2018. However, the freelance marketplace is inefficient and unfair, with high transaction fees and a lack of transparency.

    Uwerx (WERX) is a blockchain-powered platform revolutionizing the freelancing industry. By leveraging blockchain technology, Uwerx (WERX) offers freelancers a decentralized platform that is more transparent, fair, and efficient. As compared to other freelance marketplaces, Uwerx’s (WERX) commission of 1% is quite cheap.

    The Uwerx platform will soon start Beta testing with over 6,950 users. The platform has also been tested by trustworthy organizations like SolidProof and InterFi Network. The Uwerx token (WERX) sells for $0.047725 in the ongoing 5th presale

    Experts believe the token’s value could exceed $1 by Q4 2023. This prediction is based on the platform’s strong growth potential and the increasing popularity of blockchain technology in the freelance market.

    Purchase WERX Before the 5th Presale Ends.

    The fifth presale provides a great opportunity for anyone to purchase Uwerx (WERX) at 15% off. You can become an investor now that the tokens are affordable before reaching $1 in Q4. Stay updated and learn more about this decentralized freelance platform using the links below. 

    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.

  • MATIC and Blur Price Prediction: Uwerx Aims for 98.04% Surge

    MATIC and Blur Price Prediction: Uwerx Aims for 98.04% Surge

    The crypto market is rising today, with many altcoins posting gains. Polygon (MATIC) is up 1% in the past 24 hours as Blur (BLUR) continues its downtrend. On the other hand, Uwerx (WERX) is also making headlines, with its developers claiming it could surge by 98.04% in price.

    Polygon (MATIC) Analysis: Can MATIC Recover from its 21.70% Dip?

    Polygon (MATIC) has recently gained popularity, offering a scalable and secure platform for decentralized applications. As a cutting-edge Ethereum scaling solution, Polygon (MATIC) is driving the development of the Web3 ecosystem. MATIC is the native token of Polygon (MATIC), and it is used to pay for gas fees and secure transactions. 

    Far from its ATH $1.52 mark, Polygon (MATIC) is currently trading at $0.7067 and has experienced a 21.70% dip in the past month. Experts say that if Polygon (MATIC) only gets to $1 in the fourth quarter of 2023, there is less chance that earnings will grow. Because of this, money is being put into other projects, like Uwerx (WERX), that offer higher returns in the long run.

    Blur (BLUR) Analysis: BLUR Continues Its Downtrend

    Blur (BLUR) is the token of an NFT marketplace that has experienced a steady decline in the past few months. The platform offers pro trader features, making it a popular choice for experienced traders. However, even with its airdrop program, the Blur (BLUR) token hasn’t attracted new users or whale traders. 

    Blur (BLUR) is currently trading at $0.358, having experienced a 93% decline in total. However, some analysts are hopeful that Blur (BLUR) could reach $0.45 by the end of the month. 

    In the future, Blur (BLUR) plans to continue its airdrop program and incentivize user participation. But, considering Blur’s (BLUR) recent price movement, it doesn’t seem like an appealing investment option.

    Uwerx (WERX) Analysis: Uwerx Aims for 98.04% Surge

    The worldwide freelance workforce is expected to reach 78 million by 2023, and blockchain technology could change the industry. Uwerx (WERX), a blockchain-powered platform, looks to revolutionize the freelancing market kby offering lower transaction fees, enhanced transparency, and better dispute resolution.

    The platform charges a mere 1% transaction fee, significantly lower than the 20% charged by platforms like Fiverr. All transactions on the Uwerx (WERX) platform are recorded on the blockchain, which provides increased transparency and security. Uwerx also uses smart contracts to automate dispute resolution, saving time and money for freelancers and clients.

    The Uwerx (WERX) platform is still in its early stages but has already achieved some impressive milestones. The platform has completed its Alpha launch and is currently in Beta testing. Uwerx (WERX) has also undergone audits by reputable firms such as SolidProof and InterFi Network.

    At 18:00 UTC later today, the tokens’ price will rise from $0.05245 to $0.0564, accompanied by a generous 15% bonus.

     Experts believe the token’s value could exceed $1 by Q4 2023, representing a potential surge of 98.04%. This prediction is based on the platform’s strong growth potential and the increasing popularity of blockchain technology in the freelance market.

    What’s Next for Traders?

    Blur (BLUR), Polygon (MATIC), and Uwerx (WERX) all have the potential to make significant gains in the coming months. However, Uwerx (WERX) stands out and could provide the best profits. Smart traders should leverage the 5th presale for a 15% discount on WERX purchases.

    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.

  • SEC Sues Binance: What This Means For Paragon (PRG) And Nexo (NEXO). Uwerx (WERX) Keeps Selling Out

    SEC Sues Binance: What This Means For Paragon (PRG) And Nexo (NEXO). Uwerx (WERX) Keeps Selling Out

    With the world’s largest crypto exchange, Binance, sued by the SEC, most cryptos are in trouble. Cryptos like Paragon (PRG) and Nexo (NEXO) have been listed as securities, leaving their token holders needing clarification on what step to take next. 

    On the other hand, a new crypto, Uwerx, has been a profit deliverer for its holders. Uwerx’s presale has been fast-paced, with the WERX token constantly selling out. Its presale is now in stage 5, and the WERX price has remained bullish. 

    Paragon (PRG) Has Been On SEC’s Watchlist For A While

    Paragon (PRG) is a revolutionary protocol bringing crypto to the legal cannabis industry. However, Paragon (PRG) has not been in motion since 2021. In 2022, the SEC filed a lawsuit against the protocol, stating Paragon (PRG) failed to submit its periodic reports as requested by the letter sent to it. Also, it failed to register its initial coin offering (ICO).

    Fast forward to 2023, Paragon (PRG) has been listed by SEC as security and will be delisted.

    Analysts are extremely bearish on Paragon (PRG) as the protocol declared bankruptcy and will sunset its platform.

    Nexo (NEXO) Plans To Shut Down Two Of Its UK Offices

    Nexo (NEXO) is a lending platform that has quickly attained success since its launch in 2018, having branches in countries like the UK and the US.

    However, with the legal uncertainties in Europe, Nexo (NEXO) decided to close two of its subsidiaries in the UK. Due to regulatory issues, Nexo (NEXO) also stopped its Earn Interest program for the US in April.

    Despite these, Nexo (NEXO) is still onto big things. It recently launched a $150 million Web3 investment fund to further facilitate the adoption of digital assets and expansion of the Web3 ecosystem. 

    Uwerx (WERX) Is Selling Out

    Uwerx will be a blockchain-powered freelancing platform bringing decentralization and a 1% service fee. Uwerx has already launched its platform’s Alpha version. So far, ten features have been released: Logging and Sign-Up Pages, Forgot Password, Freelancer or Client Initiation, Initial Step of Job Creation and Finding Talent, My Activity Page, Hiring Dashboard Page, and Job Creation Process Page. The other platform features will be released subsequently.

    Also, Uwerx will transition to the Beta version, where users can test the platform themselves. 

    Another innovative feature of Uwerx is the Uwerx Vault. This will ensure user engagement and reward by providing safe storage for token holders to store their WERX tokens for an extended period. 

    A part of Uwerx’s success can be attributed to the agile methodology leveraged by Uwerx’s developers to roll out the project in batches while considering user feedback. 

    Due to rising demands, the presale WERX allocation was increased to 427.5 million (57%), with 72.5 million available in stage 5. The total WERX supply after launch is 750 million.

    The planned rate hike scheduled for Saturday, July 29th, 2023, at 18:00 UTC has been adjusted. Instead of the original 10% increase, the price will now rise from $0.05245 to $0.0564, reflecting a 7.5% increment The presale ends on July 31, 2023. 

    The Uwerx team has reduced their token allocation to 7% for users’ benefit and will renounce smart contract ownership once Uwerx is listed on centralized exchanges. With an 82.8% vote, they started the 25-year liquidity locking on developers’ tokens to avoid all chances of rug pull.

    With a 98.2% vote, the team will conduct a Test Airdrop to verify users’ receiving wallet addresses. They are user-centered, meaning they love hearing from the community. As such, they created an email, feedback@uwerx.network, where users can send their feedback and opinions.

    Uwerx is a game changer for the freelancing industry. If you are looking to tap into the billion-dollar gig economy and earn better, you should consider becoming a WERX holder. Join the presale now for a 15% bonus by following the links below:

    Presale: https://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.

  • Ripple (XRP) Is Not Alone In SEC Trouble, And Uwerx(WERX) Looks To Restore Market Excitement

    Ripple (XRP) Is Not Alone In SEC Trouble, And Uwerx(WERX) Looks To Restore Market Excitement

    The market trended downwards as news of the SEC lawsuit emerged, and SEC charged Binance and Coinbase in addition to the ongoing Ripple (XRP) case. Regulations are necessary for cryptocurrency, but they have increasingly become more hostile in the past few months, notably due to the events of the FTX crash. Top exchanges have been top targets since the crash as they have been subjected to more scrutiny, leading to several branches shutting down and some even closing down.

    In this crypto winter, Uwerx is looking to be the coin that restores market excitement when it launches and the price skyrockets. Read on to learn more about its potential to blow up and make early investors some profit.

    Ripple’s (XRP) Surprising Price Trend

    Ripple (XRP) has been in a tough court case with the SEC since 2020, and as positive news starts to appear on the horizon, we see the SEC law launch back-to-back lawsuits at Coinbase and Binance. While the move from the SEC sent the market tumbling for the next couple of hours, Ripple (XRP) appears to be the only coin trading in the green.

    The cryptocurrency is on a positive trend in its weekly and monthly time frame and is looking to explore higher price ranges. Most crypto enthusiasts believe this is because the SEC did not list XRP amongst the ten cryptocurrencies it classified as securities in the lawsuit against Coinbase.

    Also, with Ripple (XRP) looking close to winning the case, investors must be feeling confident in buying into the project. As many people hope, the Ripple (XRP) case will set a precedent for other SEC charges that could come in the future, and hopefully, Ripple can win the case to throw that premise out of the window.

    Uwerx (WERX) Looking To Restore Market Excitement

    Uwerx is setting up nicely for a pattern we’ve once seen in the market, and it would be interesting to see how high Uwerx can go after launch. Before the 2021 bull run, the market fell into a massive dump in May 2021 and was revived by Dogecoin (DOGE) in the most unlikely of ways. The excitement from the DOGE pump would go on to fuel the market to new highs and inspire several other altcoins to run upwards.

    Uwerx is a new freelance platform, but the native WERX token is a perfect pick for the market due to its undervalued price on presale. With the presale, early buyers can get in way below market value to make some profit towards the launch and even after.

    Uwerx is built for great utility as the freelance platform will allow unique Web3 functionalities. With a truly decentralized freelance platform, users can retain value and earn rewards from their activity on the platform. Uwerx only charges a 1% fee on transactions established on the site compared to 10% – 20% from the rest of the industry.

    Uwerx presale is $0.05245 per token on Stage 5, and you should not miss the opportunity to be early. On Saturday, July 29th, 2023, at 18:00, there will be a price increase from $0.05245 to $0.0564, along with a generous 15% bonus.

    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.

  • Will Dash (DASH) And Power Ledger (POWR) Experience A Bump As Uwerx’s (WERX) Fifth Funding Stage Sells Out?

    Will Dash (DASH) And Power Ledger (POWR) Experience A Bump As Uwerx’s (WERX) Fifth Funding Stage Sells Out?

    Experts are constantly making predictions, and most times, most coins defy them and go in the opposite direction. Dash (DASH) and Power Ledger (POWR) may lean towards beating the downward predictions made about them. 

    Uwerx has nothing but outstanding support, beneficial hype, and consistent success. 

    This article will discuss these three coins and explore their standings despite poor market conditions.

    Dash (DASH) Now Accepted On AliExpress

    Dash (DASH) focuses on providing cheaper, fast, easy financial transactions. The idea behind creating this crypto token was to solve the issues of other projects.  

    Binance recently announced that it would be deleting many tokens from its platform. The removal affected mainly privacy tokens, which are twelve in number, including Dash (DASH). 

    Following the removal, Binance explained that the decision was made to comply with local laws and regulations relating to privacy coins. 

    Furthermore, AliExpress and Shopping.io recently started accepting DASH as a means of payment on their e-commerce websites. 

    Despite unfavorable price predictions from experts, DASH had kept a more than 1% daily increase, trading at $39.02. However, experts believe the coin will fall by over 1% in a few days.

    Power Ledger (POWR) In A Lawsuit

    POWR enables peer-to-peer energy trading on the Power Ledger (POWR) platform. By utilizing blockchain technology for trading renewable energy, this software and technology firm provides a platform for clients to trace, track, exchange, and purchase energy. 

    In a recent trend, POWR was among the nine crypto coins listed as unregistered by The United States Of America Securities and Exchange Commission (SEC). The commission claimed that Coinbase had already delisted these coins. This complaint was filed last week Thursday. 

    Furthermore, Power Ledger (POWR) was announced amongst many other prominent firms involved in Renewable Energy as the ‘Blockchain’s Key Players In Renewable Energy.’ 

    Despite the bearish sentiment, POWR is at $0.14 after falling from over $0.18, with an over 0.5% daily increase. But, experts still feel pessimistic about the coin and anticipate a decline of over 3%. 

    Uwerx’s (WERX) Fifth Funding Stage Sells Out

    The hard cap presale date for Uwerx is quickly approaching. Soon 31 July will be upon us, and people who have yet to invest in this excellent and promising project may have to sit and watch holders and investors reap massive gains. 

    Many incredible things have happened in this current funding stage, and more will come quickly. An astounding 15% purchase bonus was introduced with a referral bonus. 

    The development team also previously launched the Uwerx Vault, a security solution with staking capability, rewarding users for storing their tokens. This move ensures long-term holding to accrue gains. 

    Another great feat by Uwerx is the addition of more features to the Alpha Version of the platform, which includes the Login, Forgot Password, Freelancer or Client Initiation, Job Creation Process, My Activity, and Initial Step of Job Creation and Initial Step Of Finding Talent pages. The platform will begin the transition to the Beta version soon. The change will enable users to start testing the platform. Users with feedback and suggestions can email the team at feedback@uwerx.network. 

    Furthermore, the 25 years liquidity lock scheduled for after the presale was initiated by the team on Wednesday, 7 June 2023. The team will also conduct a Test Airdrop that will be helpful to users in validating their wallet addresses. 82.8% and 98.2% of the community voted for these proposals, respectively.

    Also, when the project gets listed on centralized exchanges, the team will renounce smart contract ownership. The team also reduced their token allocation to 7%, and let’s remember the locking of said tokens for 25 years. These moves speak volumes and have shown outstanding commitment and confidence. 

    Freelancers have become an integral part of many companies. With many freelancing platforms charging freelancers hefty transaction fees of 10% to 20%, Uwerx aims to support freelancers by charging meager transaction fees of 1%. A report in 2022 by Velocity Global showed that 52% of workers would have done freelancing by the end of 2023. 

    WERX is currently priced at $0.05245 at the final funding stage of the project and a price increase is scheduled for later this week at $0.06294. There are 750 million tokens in supply, and 72.5 million are allocated for the fifth funding stage. SolidProof and InterFi Network have audited Uwerx and deemed it secure and transparent. 

    The team utilized an agile methodology to accelerate deployment and rapidly develop the project through feedback.

    Dash (DASH) and Power Ledger (POWR) have surged recently. But the rise did not last. The tokens still aim to move up in the near future. 

    Uwerx, on the other hand, has been on an upward trend since its presale launch and has continued to break barriers by becoming the first project that will renounce smart contract ownership.

    Follow the links below to enjoy the 15% purchase bonus now, before the price increase!

    Website: https://www.uwerx.network

    Presale: http://invest.uwerx.network

    Telegram: https://t.me/uwerx_network

    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.