Diversifying The Crypto Portfolio
- The gaming industry’s revenue soared past $180.3 Billion in 2021, driven by innovative concepts like play-to-earn.
- Play-to-earn games offer players the chance to earn cryptocurrencies and NFTs, creating opportunities in challenging economic circumstances.
- This article delves into the MetaCryp Network (MTCR) and Litecoin (LTC), two cryptocurrency platforms that can diversify the investment portfolio.
The gaming industry reached remarkable heights in 2021, with total revenue exceeding $180.3 Billion. A significant driving force behind this growth is the rise of play-to-earn games, where players can earn cryptocurrencies and NFTs. This article explores two cryptocurrency platforms, the MetaCryp Network (MTCR) and Litecoin (LTC), offering unique opportunities to diversify the investment portfolio.
The MetaCryp Network (MTCR): A New Emerging Project
The MetaCryp Network is a community-focused ecosystem that caters to individuals with diverse technological interests. One distinguishing feature is its governance model, which allows native token holders to propose and vote on improvements, thereby shaping the network’s direction.
- Transparency and Accountability
Unlike many projects, The MetaCryp Network prioritizes transparency, making participant and transactional information, reward allocation, and distribution readily accessible. This increased accountability is a step forward for crypto projects.
- Smart Contract Security
The network operates on rigidly programmed contract rules and subroutines, ensuring trustless operation. Winner addresses are public, and reward activities are securely encoded in immutable smart contracts.
- Privacy and Efficiency
Users of MetaCryp Network enjoy the benefits of privacy, as no personal information is required or stored. Wallet fees are nonexistent, as transactions occur peer-to-peer through crypto wallets. Fast settlement times are achieved through a native platform wallet.
- Community Engagement
By involving the community in decision-making, the MetaCryp Network seeks to establish a sustainable and decentralized crypto ecosystem.
Litecoin (LTC): Here To Stay Forever
Some early adopter cryptocurrencies, such as Litecoin, are also known as digital silver and leverage the capabilities that come with the block chain. Unlike Bitcoin’s code, which is derived from public sources, Litecoin has a different derivation.
- Proof-of-Work Algorithm
Unlike Bitcoin, Litecoin uses a Scrypt proof-of-work algorithm. The decision makes it easy to have faster block creation rates with safe transactions.
- Lower Transaction Fees and High Throughput
Litecoin offers lower transaction fees than Bitcoin and can process more transactions per second. This is particularly advantageous for daily transactions and micro-payments.
- Merchant and Retailer Focus
Litecoin distinguishes itself by placing a significant emphasis on merchant and retailer adoption. This strategic focus makes LTC an attractive choice for businesses and consumers alike.
- Higher Maximum Supply
With a higher maximum supply than Bitcoin, Litecoin provides an alternative investment opportunity for those looking to diversify their cryptocurrency holdings.
Conclusion
The world of cryptocurrencies is constantly changing, hence the importance of diversifying to limit risks while embracing opportunities. MTCR is a new concept in community-governed and open-source management, and LTC is a trustworthy and fast-evolving digital currency with an emphasis on adoption. With more gaming firms getting into crypto, there are very good possibilities that MTCR and LTC would serve as viable means of expansion for interested investors.