The crypto industry is currently facing a bearish wind, which might be related to Bitcoin (BTC) miners’ sell-off following the halving event. Several crypto assets in the crypto market, including Bitcoin (BTC) and Ethereum (ETH), have experienced significant reductions in price value, trading above $63,000 and $3,000, respectively, according to Coinmarketcap.
However, amidst these turbulent conditions sits the ETFSwap (ETFS) platform, which has continued to achieve success in its enormous presale. Experts believe it has the potential to increase by 10,000% before launch. This essay looks into the reasons for ETFSwap’s performance in a down market.
Tokenizing assets revolutionizes the bitcoin ETF market
ETFSwap is a blockchain platform that allows users to trade exchange-traded funds (ETFs) on-chain by tokenizing assets. By tokenizing ETFs, the platform enables crypto traders with varying portfolio sizes to diversify into a variety of assets including as precious metals, stocks, and real estate.
Traders on this platform can effortlessly trade ETFs thanks to a comprehensive marketplace geared for both crypto newcomers and specialists. They will also be able to monitor the status of these assets prior to investing, allowing them to make more informed selections.
ETFSwap (ETFS) will also provide seamless switching services, allowing users to quickly swap their tokenized assets. Furthermore, traders can raise their earnings by up to 10x using the platform’s trading leverage. However, due to the risks connected with leverage trading, it is critical to exercise caution when using this function. Additionally, customers can diversify and expand their portfolio through fractional ownership.
As a decentralized platform, ETFSwap will also allow users to take advantage of decentralized finance functionalities such as the ‘No KYC policy,’ which allows new users to utilize the site’s features without disclosing personal information. In addition, to ensure security, ETFSwap (ETFS) has agreed to have Cyberscope, a world-renowned blockchain security firm, examine its platform smart contract. Following a thorough review, the firm certified the platform as secure and its smart contract as devoid of underlying problems that could render it vulnerable to hacking.
ETFS, a standard ERC-20 token, is at the center of the ETFSwap ecosystem, serving both the fuel that powers it and the key to accessing a variety of platform services, including tokenized ETF trading. Furthermore, as a governance token, holders can influence platform evolution by creating and voting on proposals.
ETFSwap (ETFS) sells more than 25 million tokens in its ongoing presale
ETFSwap is presently offering ETFS for a low price of $0.00854 in its stage 1 public presale as an incentive for both large and small investors to participate and benefit. Participants in this stage will benefit when stage 2 begins at a higher price of $0.01831 per coin.
Before the public sale, ETFSwap launched the token through private sale events, presenting the platform to whale investors who invested a total of $750,000. ETFSwap (ETFS) has allocated this fund to hasten the launch of its platform. Before launch, experts predict that the token will skyrocket by 10,000%, providing early investors with a 100x return on investment.
In addition, the platform plans to collaborate with other significant enterprises in the DeFi sector to accelerate the growth of decentralized finance. Furthermore, ETFSwap (ETFS) has opted not to seek funding from venture capitalists (VCs). The platform made these decisions as part of a long-term commitment to provide products that benefit both its consumers and the ETFSwap ecosystem. However, accepting financing from venture capitalists may cause them to deviate because such investors may provide alternative tactics that are more appealing to them.
