There have only been a growing increase for cryptocurrencies as their adoption grows further. Cryptocurrency has been part of major economic breakthroughs since its creation. With technological advancements, various cryptocurrencies have unique features and advantages. RoboAape (RBA), a token-built Ethereum blockchain, comes in to show its features showing it may have the potential of tokens like Sandbox (SAND) and Kusama (KSM).
RoboApe is a project built on the Ethereum blockchain network to bring changes to the crypto space. RoboApe will become a project fueled by its community to offer Decentralized Finance (DeFi), Decentralized Exchange (DEX), Education, Non-Fungible Tokens, and electronic sports uses on its network.
The utility token RBA is a meme coin for fueling the platform and its activities. It provides low gas fees, with part of these transaction fees given back to those who hold the RoboApe (RBA) tokens in their wallets, a feature which is advantageous and rare when compared to other tokens like Sandbox (SAND) and Kusama (KSM).
This will provide value and uniqueness for the RBA token on the cryptocurrency market. Furthermore, to further enhance this uniqueness and quality, there will not be an allocation of RoboApe (RBA) tokens to members, buyers, and all who are part of the RoboApe community. Instead, they will have to purchase the tokens without expecting rewards or incentives. This will put the RoboApe (RBA) token above its counterparts like Sandbox (SAND) and Kusama (KSM), who offer incentives and rewards, thereby making it a token of uniqueness and advanced preparedness.
Sandbox is a computer-simulated representation of a world in which its players can create, own, and earn from their gaming exposure on the platform. Built on the Ethereum blockchain network, Sandbox features a marketplace for users to upload, publish, and sell their unique NFTs, make games, and a digital land is known as LAND for users to own real estate on the platform.
The utility token, Sandbox (SAND), is an ERC-20 token used for transactional and social activities in the Sandbox ecosystem. Sandbox (SAND) is used by creators on the platform to own digital land (LAND) by staking their tokens. In addition, it will serve in the platform’s governance by enabling holders to participate in the decision-making process like grants to be used for its foundation, games to be created, and so on.
Kusama is a platform on which developers test their blockchains and applications before releasing them to the public. The Polkadot platform uses Kusama to test their projects. It was created in 2016 by Gaven Wood, Peter Czaban, and Robert Habermier. The utility token, Kusama (KSM), when staked in a special contract, allows users to become validators (those who check if data on the blocks are valid) and nominators (those who select validators that are trustworthy).
The stakers of Kusama (KSM) will also be rewarded according to the amount staked. The Kusama (KSM) token certifies users to govern by making decisions on software development. This also depends on the amount of Kusama (KSM) tokens staked by users on the network. Serving as a foundation for applications and their development, Kusama (KSM) does a good job of offering more enhanced services to users and investors on the network.
With utility tokens being a major force of cryptocurrency projects, RoboApe (RBA) will serve to muster transaction advantages and benefits to users and investors, a feature fairly present on Sandbox (SAND) and Kusama (KSM).
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