There’s no question that the recent crypto winter of 2022 – with its effects still very much around – has been rough on the majority of crypto investors.
However, there are always plenty of clear-cut chances to invest in projects with solid fundamentals and upside potential to appreciate in price in the coming year, bull, or bear market notwithstanding.
And one extremely promising project has got the crypto world talking because it ticks all the boxes of a crypto investment like Avalanche (AVAX) and Cardano (ADA) once did for those lucky enough to buy into their presale phases.
The project is called Uwerx – which will be creating a decentralized, Web3-enabled freelance platform to rival the likes of Upwork and Fiverr – and its presale for its WERX token is shaping up to be just as good as an investment Cardano (ADA) and Avalanche (AVAX) was for their presale investors. Read up to find out why.
Uwerx (WERX): What Makes This Presale Crypto Special?
The freelance industry and gig economy are growing at a tremendous pace. The gig economy market size mushroomed to $355 billion in 2021, undoubtedly driven by the pandemic. Average yearly freelancer earnings in the United States alone are approximately $1.3 trillion. Globally, freelancers contribute as much as $43 trillion to the world’s economy on a yearly basis.
As it stands, the World Bank pegs the number of freelancers worldwide to about 47% of the world’s working population – and that number is only expected to increase in the next 5 years.
Plenty of freelancers pin their earning capability on global freelancing platforms like Upwork and Freelancer.com. The problem is that these platforms are highly centralized, highly gate kept, opaque with data retention and record-keeping procedures, and above all, charge exorbitant amounts in transaction and premium subscription fees –all of which take a significant amount out of every user’s pockets.
These platforms have enjoyed little to no competition, leaving their users with no other viable alternative freelance platforms as options – until Uwerx arrived.
The vision driving Uwerx and its team is to create the first Web3-enabled worldwide freelancing platform designed to compete and eventually become the industry leader in the gig economy sector.
What are the Benefits of Uwerx (WERX)?
Uwerx will be laying out the infrastructure for the next global freelancing platform offering significant advantages as follows:
- Reduced transaction fees for freelancers (5% as opposed to 20%)
- Transparent, honest, and blockchain-secured record keeping
- Greater emphasis on intellectual property and data privacy protections
- Various opportunities for talent to create multiple streams of income using WERX – the platform’s native token
To facilitate the creation of the Uwerx network, Uwerx will be launching a presale for the platform’s native token WERX at a price of $0.01. WERX might offer better upside potential than Cardano (ADA) and Avalanche (AVAX), because WERX is only in its presale phase, and therefore has a lower market capitalization than Avalanche (AVAX) and Cardano (ADA).
UWERX in 2023?
The biggest gains in crypto are made during presales, early into a winning protocol’s lifecycle, and while its market capitalization is low. Uwerx is potentially an opportunity in 2023 – with a full audit by one of the biggest names in the business (InterFi Network and Solidproof), and with Uwerx devs planning to lock liquidity on the freelancing platform for the next 25 years after the presale concludes, Uwerx might be a safe investment built for long-term gains.
Since Uwerx is the first-mover in its industry, it might impact the value positively. Cardano (ADA) and Avalanche (AVAX) holders can only dream of such increases in 2023 – especially if they bought them at 2021 highs.
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