Sandbox (SAND), Near Protocol (NEAR), and Runfy (RUNF): Three Crypto Projects to Survive the Crypto Winter
Sandbox (SAND), Near Protocol (NEAR), and Runfy (RUNF):
The crypto winter is a period of sustained low prices in the crypto space. It is the moniker given to a crypto bear market, and this is the current state of the market in 2022. As investors try to make moves to protect their capital and rebalance their portfolios, others look for hidden gems they can purchase while prices are low. To do this, they would have to be careful what projects they invest in, as it can be quite tedious in volatile bear markets. Furthermore, thorough project research is necessary to give investors a better scope and understanding of their purchasing projects. Finally, as the market continues in its negative price action, investors should be careful how they allocate their capital.
If you need some pointers on where to start, Sandbox (SAND), Near Protocol (NEAR), and Runfy (RUNF) are three crypto projects that are poised to survive the crypto winter. Investors should look into these three projects as they search for crypto tokens to purchase in this bear market. With their solid use cases and fundamentals, they are providing utility for their community of users.
Sandbox (SAND) is a crypto gaming and metaverse project built on the Ethereum (ETH) blockchain. The Sandbox utility token, SAND, uses the ERC-20 token standards and is compatible with other tokens on the same network. The Sandbox platform is a fully immersive 3D metaverse where users can perform activities that include playing games, creating, selling, and buying digital assets. Digital assets bought or sold by users are NFTs that belong to them. Therefore, users have full control over how they use them. The Sandbox project will introduce blockchain technology into gaming and change how players interact with games.
The Sandbox DAO controls the project, and members of the DAO are eligible to vote on and propose changes to the platform. SAND is the utility token of the Sandbox gaming ecosystem, and it facilitates transactions within its ecosystem. Sandbox uses a unique and creative play-to-earn model which incentivizes players to use and game on the platform.
Near Protocol (NEAR)
Near Protocol (NEAR) is a layer 1 blockchain that uses a community cloud computing platform. This cloud computing addition is to remove the limitations that affect layer 1 blockchains, such as poor throughput, zero interoperability, and slow transaction speeds. Near Protocol is an ideal environment for developers to create dApps (decentralized apps). Unlike the cryptographic wallet addresses used by other layer one blockchains, Near uses human-readable account names for its addresses. In addition, it uses a unique consensus mechanism known as “doomslug” to solve any scaling problems.
The NEAR collective designed the project as a strong and secure network that can protect sensitive assets like identities or money and make them simple enough for mass adoption. The initial code of the Near protocol is updated by its community through released updates into the ecosystem. The protocol will change how computing is done on the blockchain by introducing new paradigms into the space.
Runfy (RUNF) is a web 3 health platform that aims to tackle the problem of obesity. They do this by incentivizing users to exercise through crypto rewards. Runfy is a gym membership that pays its users back over time. Runfy aims to tackle the problem of obesity by rewarding users with crypto for exercising. It has created a fitness metaverse where its community can benefit from its rewards. It is built on the Binance Smart Chain, the RUNF token is BEP-20 compliant, and it is the utility token of its health metaverse.
Runfy has two separate metaverses named RunfTR and RunfShop. In RunfTR, users can set their training goals and earn crypto rewards as they reach milestones. On the RunfShop, users can shop for gym equipment, supplements, and other fitness needs using RUNF. Runfy has an ongoing pre-sale where early birds can get bonuses for purchases. Using ETH, BNB, or USDT (TRC-20) to purchase RUNF gives you 15%, 20%, and 22% bonuses, respectively. In addition, purchasing tokens during stage one of the pre-sale gives you 7% more tokens, while stages two and three add 5% and 3% bonus RUNF tokens.