Privatixy Token (PXP) Sets to Soar Like Ethereum (ETH) and Chainlink (LINK)
The crypto market is set to witness the debut of a privacy-driven token, Privatixy Protocol (PXP). This project will offer a solution to one of the challenges users face when transacting in this digital era. And since coins with unique use cases often attract the attention of crypto enthusiasts, the PXP token is likely to soar.
Keep in mind that the popularity and performance of popular cryptocurrencies like Ethereum and Chainlink are due to the value they deliver to investors. In the same way, there are reasons to be optimistic about Privatixy. This article will introduce the PXP project while comparing its potential with ETH and LINK. Let’s get into it.
Privatixy Protocol (PXP)
Privatixy is a developing open-source protocol that promotes decentralized technology adoption and usability. It provides users with an alternative to privacy-invading services or services that leak or sell users’ data while securing communication and transactions.
The protocol will employ the Zero-knowledge proof system along with blockchain technology to allow users to govern their data flow and decide what information to share, thereby optimizing privacy. It will also incorporate smart contracts to provide vast design and implementation possibilities, considering that the project intends to develop over time.
Privatixy intends to make its protocol simple, private, secure, and scalable. It will also implement Web3 technologies and facilitate multi-chain interoperability.
The protocol will run on the support of the PXP token. The token utilities will include staking, governance, rewards, and Web3. However, the PXP token presale is ongoing, and the platform offers numerous bonuses for buyers who meet certain criteria.
If you buy PXP using ETH, BNB, USDT TRC-20, USDT ERC-20, and BTC, you’ll qualify for a 10%, 13%, 10%, 10%, and 15% bonus, respectively. Also, if you buy during the first stage of the token’s presale, you’ll receive an additional 6%, 4% for stage two, and 2% for stage three.
Ethereum (ETH) is the second-largest coin in the crypto market that is used as a store of value in the same way as bitcoin. However, its network has established itself as one of the top platforms for Dapps.
The Ethereum blockchain is preferred among developers as a result of its support for smart contracts, which execute functions automatically when certain predetermined conditions are met. It is also in the process of an upgrade to address some of the network’s challenges to bring about improved scalability, security, and sustainability.
Ethereum (ETH) has provided massive returns to investors and could potentially do more when it is done with the blockchain’s upgrade.
Chainlink (LINK) is an Ethereum-based protocol that provides real-life data from off-chain sources to on-chain smart contracts through nodes and oracles. Its functions are essential for accurate smart contract executions and the overall expansion of the blockchain.
The data they provide can be anything from weather reports to sports results, prices from financial markets, and other relevant data. Chainlink (LINK) performs its function while ensuring the same reliability and guarantees blockchain technologies promise.
The platform’s native token, LINK, is popular among crypto enthusiasts and is currently among the top 25 largest cryptocurrencies by market cap. The token facilitates transactions on the protocol and can be staked to earn incentives.
Despite the effect of the bear market, cryptocurrencies with real use cases will continue delivering value to investors. Ethereum and Chainlink are popular among users for their utilities, and the massive gains early investors couped from them.
In the same way, Privatixy is set to replicate the success of these tokens with its privacy-focused protocol, which will prioritize users’ security and privacy. Check out the presale site to get started.
Click the links below to learn more about the PXP token.