In terms of the stock market, we used IPOs, now here is the ICO in cryptocurrency. In the crypto world, there are thousands of cryptocurrencies are already on the exchange market. As growing the numbers of investors and users become interested and try to start investing in new cryptocurrencies as the journey of Bitcoin is already on its own path with higher investors. So, researching on the new ICOs token is the best possible way to boost your cryptocurrency investment portfolio.
That is too early or being so late in the terms of investing with ICO token, but some crypto investors have made a specialty of ICOs investing.
What are ICOs in a nutshell?
This is the coin or token that represents the asset or stake of the entire project. Initial Coin Offering (ICO) is basically a financial circulation which is involving the ensured tokens or coins by working on the blockchain technology.
ICO is the way of creating an opportunity for crypto startups to get the money they need to create a new coin or facility. If you are trying to purchase the token-related ICO, then you are doing it for the potential startup to complete its project.
Here, we will see how to give yourself the chance to participate in these projects which sometimes jump quickly after their launch on the market.
What is the best ICO token to invest in?
To participate in ICOs, do your research on the project is very crucial. You always have to watch out the operation and analyse the price of token which is trying to explode with the piece of amount crypto. There has one project currently working on an ICO for less than 1.dollar.The project named GXG Metaverse Gaming Project in which offering the ICO token with GXG token as their platform’s native currency.
Why should we start investing on the GXG ICO project?
The project is transforming into a fundraising operation with the modern gaming featuring for the new gamer in terms of gaming crypto investors. GXG token is issued on the Binance Smart Chain (BSC) blockchain. Its background is fascinating with the metaverse gaming features (NFT games, thousands of popular games,…).
As the value of the token is starting from 0.1 $ and is highly recommended an ICO project worth starting with due to its original GXG Metaverse Gaming Platform. The minimum purchasing amount is 1000 GXG and it can be said that your potential investment can start with only 100 $. It means that the tiny piece of GXG token you hold is the rocket that will take you to the moon.
The total circulation of GXG tokens is maximized at 100 million GXG and the ICO presale amount is 5 million ICO tokens. A token is verified by the unique smart contract and has been officially deployed on the binance smart chain (bscscan.com). GXG can also be exchangeable on the biggest exchange marketplace Pancakeswap. Tokens will be listed on the DEXs platform.
GXG token not only can be used as the gaming currency of its platform but also can stake, mine, and yield farming tokens as well. Mining GXG tokens are so as easy as placing a stake or passing any transaction for GXG games. That is so-called GXG mining. Annual returns (passive income) on token staking is secured by the smart contract. Not only the players can start investing with a GXG token and also earn their NFT character called racehorse (own digital asset of GXG) by participating in GXG’s Horse Breeding game. Besides, as a Metaverse gaming platform, a lot of meta-functions are supported on the platform. Most of the crypto analysts predicted a marketcap of GXG tokens will be upside in a few months and the value of GXG tokens pump to trillion dollars in the next year. With the growth of players on the platform, so the value of tokens has been increased, token holders can then customize the expensive GXG tokens on Pancakeswap and start your cryptocurrency with fewer risks.
To be concluded, GXG tokens are a bit like shares of a company that are sold to investors to take part in the way of a successful metaverse project. The true meaning of ICOs, they offer rewards or profits to the early investors. If the project succeeds, a piece of the GXG token you holding is suddenly desirable and worth a lot of money.
However, it is important to be careful as ICOs have a decentralized nature so doing the research about the project is essential with your due diligence. For your research about GXG ICO token, visit the official GXG Metaverse Gaming Platform and you can ask for the project details at GXG official telegram.