BlockchainFX, a new player in the cryptocurrency market, raised over $6.8 million during its presale. Its unique offering includes high staking returns and functionality of a trading app.
What is BlockchainFX?
BlockchainFX (BFX) completed its presale, raising over $6.8 million, offering tokens that not only fuel a trading super app but also provide a 90% APY through staking. Users holding the required balance of the cryptocurrency can validate transactions and earn rewards that are sent to their wallets.
Comparison with Polkadot and Cosmos
Polkadot and Cosmos remain well-known cryptocurrencies for passive income, yet their advantages are limited. Polkadot offers stable but low staking returns around 10-15%, while Cosmos, despite being a leader in interoperability through its IBC protocol, faces the challenge of insufficient price dynamics for its ATOM token due to value concentration outside of it.
Prospects and Conclusions
BlockchainFX stands out with its 90% APY, a functioning app, and significant funds raised. This creates a unique opportunity for investors to consider BFX as a potential market leader in passive income for 2025.
Thus, with high staking rates and growth potential, BlockchainFX may become a key player in the market. While Polkadot and Cosmos continue to be important for investors, this new project captures attention due to its advantages.
