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Ecosystem coins and tokens enjoy a lot of buzz, especially when they host liquidity events, new tokens, or nft mints.
ICON and Cardano had this ambition in common: both platforms wanted to displace ethereum and build a better network. With ethereum hovering just above $3,000, investors are looking for more focused business models, shifting to stage 2 pre-sales of game streaming hub DeeStream.
ICON struggles to attract Web3 projects
The goal of ICON was to create a platform for building cross-chain applications. However, with the abundance of builders on ethereum, this ambition is not materializing. Unfortunately, ICON is also not represented on Coinbase and has a relatively low profile.
The ICON token is ranked 249th by market capitalization and suffers from low visibility. For that reason, ICON aims to rely on its loyal community while also trying to maintain a presence on social media. ICON is also trading near its lower range of around $0.23 per token.
ICON also attempted to introduce real-world tokenized assets, a niche idea with low viability. The need for regulation and oversight hampered efforts to host a new class of tokens on the ICON blockchain.
Cardano presents a robust and spam-free network
The Cardano network handled 25 million transactions last year and collected $10 million in fees. In theory, Cardano can handle up to 1000 transactions per minute and is comparatively spam-proof compared to Solana.
The spam-free feature ranks Cardano as one of the most decentralized networks, making it extremely expensive to fill it with repeated spam transactions. Cardano is therefore trying to gain traction as a potential hub for high-activity projects such as DEX trading, gaming, nft marketplaces, and more.
Cardano is also developing a decentralized ecosystem of applications, including lending, metrics, new types of tokens, and blockchain-based social networks. Cardano remains relatively stagnant, trading at $0.45 after the market-wide correction.
DeeStream harnesses the power of sponsored content
DeeStream offers an even more focused business model than ICON and Cardano. The DeeStream platform will focus on the easy experience for streamers and viewers. DeeStream tokens will become the tool for micropayments, making streamers stand out like stars.
DeeStream users will have full control of their wallets and all transactions on the platform will be reversible and refundable. Owning the tokens will allow anyone to support their favorite streamer and vote on new rules and developments for the future of DeeStream.
The Stage 2 pre-sale is a low entry point with a price of just $0.055 and a more significant upside than established tokens.
The DeeStream hub alone will create 300 million tokens for utilities, gambling, and micropayments. Additionally, the team's assignment will remain locked for 1000 days. DeeStream aims to turn your asset into a valuable, high utility token with top-line potential.
To learn more about this project, visit DeeStream pre-sale website
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