Is the NFT craze over? TMS Network (TMSN), The Sandbox (SAND), and Alchemy Pay (ACH) offer hope as 2023 rolls on!
The NFT market was wild throughout 2021/22. From Bored Apes to EtherRocks, investors were throwing cash at anything and everything. Yet, with the onset of the current bear market, many of these projects are down 90%+. So, is the NFT craze over? Sandbox (SAND) and Alchemy Pay (ACH) may offer answers. Investors looking for a change of scenery may be interested in TMS Network (TMSN) after raising over $2 million in phase one of the presale.
Built on Ethereum, Sandbox (SAND) is a decentralized virtual world that allows users to create, build and monetize 3D content. The Sandbox (SAND) token is used within the Sandbox virtual world, allowing users to buy, sell, and trade virtual assets. A key infrastructure within the Ethereum metaverse, Sandbox (SAND) has been one of the most successful projects in the sector.
After an explosive rally of close to 7000% through 2021/22, Sandbox (SAND) has since seen a 92% drop from all-time highs. A victim of the bear market, many Sandbox (SAND) investors have been left with a sour taste.
However, a new strategy for 2023 is brewing. The Sandbox (SAND) COO, Sebastien Borget, stated that the protocol’s future is tied to the creators. This represents a policy change – previously, Sandbox (SAND) was targetting large branding deals for growth. With creators at the forefront, this new strategy’s effects remain to be seen. However, large branding deals are expensive, so by cutting these down, Sandbox (SAND) will operate more efficiently in the future.
Alchemy Pay (ACH)
Alchemy Pay (ACH) is a network offering fast payment services for crypto and fiat currencies. In a recent announcement, Alchemy Pay (ACH) stated that they had gained a license for operations in Indonesia, one of the world’s most populous countries, including Indonesia; within the Alchemy Pay (ACH) network is a big deal. Alchemy Pay (ACH) token performance has been outstanding this year – up over 300%.
Alchemy Pay (ACH) appears to follow many other crypto projects’ paths. By including the huge Asian market in their plans, Alchemy Pay (ACH) and others can leverage developed and emerging markets in that region and drive users to their platform. How popular Alchemy Pay (ACH) will be with the Indonesian market remains to be seen.
TMS Network (TMSN)
TMS Network (TMSN) has been catching attention. Built on Ethereum, TMS Network (TMSN) is set to revolutionize how on-chain traders operate. Tradeable asset classes range from stocks to crypto, CFDs to FOREX; traders from all backgrounds will feel at home on the TMS Network (TMSN) DEX.
TMS Network (TMSN) token holders are entitled to unique benefits to assist their trading. An in-house research platform, on-chain data, trading bots, social trading, and more are available exclusively to TMS Network (TMSN) holders. Additionally, holders are entitled to a share in the commission fees generated by the TMS Network (TMSN) platform.
Having completed phase one of the presale, TMS Network (TMSN) now approaches phase two. After the success of the first round, it’s clear investors have their eye on TMS Network (TMSN). Click here for more information about TMS Network.