Crypto prices are moved significantly by large transactions conducted by whales. Whales in crypto are individuals or entities that purchase or sell large sums of a specified cryptocurrency. In other words, a whale is a digital asset market participant that owns large quantities of a specific cryptocurrency, enough to influence the trading price of the token or crypto. Whales are mostly interested in utility projects and are more likely to attract other whales in the future. Such projects include Chainlink, Huobi, and a new DeFi protocol called SmarterWorx.
Chainlink and Huobi prepare for new whales
Chainlink is one of the top crypto projects ranking in the 21th position. The project was founded in 2017 as a blockchain abstraction layer that allows the deployment of interoperable smart contracts. The ecosystem pulls a large stream of people, including node operators, data providers, smart contract developers, researchers, safety auditors, and investors. The participants are large enough to attract massive investments from whales.
Huobi is one of the largest cryptocurrency exchanges in the world, with over 50 million registered users. The centralized exchange has its native token, Huobi Token (HT). Huobi Token is a decentralized crypto that runs as an ERC-20 token on the Ethereum network.
SmarterWorx passes whale validation
For whales to invest in a digital asset, the token has to have strong bullish sentiments pulling in straight from the tokenomics. A closer look at SmarterWorx reveals that the project is what whales look for when fishing for opportunities. According to the platform’s white paper, SmarterWorx plans to establish one of the largest crypto ecosystems powered by blockchain technology. The project’s success will benefit early investors significantly by aiding them to generate wealth through investing in art, an uncommon asset class that has proved to appreciate significantly over time.
SmarterWorx has also passed audit scrutiny conducted by Solidity Finance, a top smart contract auditing company. According to the audit report, Solidity Finance has approved the development of the ecosystem’s new vesting platform to reward dividends to investors. Art has outperformed the S&P 500 returns in the previous years hence a lucrative deal for investors.
SmarterWorx is currently in presale to raise funds to kick-start the project toward a new successful trajectory. Initially, a treasury fund will surface to oversee the art investments financially. A team of art specialists and curators will explore and isolate greatly undervalued pieces of art that are likely to outperform standard returns posed by other asset classes, such as real estate and stocks. Through the treasury fund, the ecosystem will own an exclusive portfolio of expensive art typically unavailable for retailers, opening the art world to retail investments.
SmarterWorx has formed a strategic alliance with Courtyard.io, a renowned entity providing liquidity in digital assets. The partnership will oblige Courtyard.io not only to preserve the tangible portfolio but also to create NFTs.
Closing remarks
To invest in the treasury fund, users must purchase ARTX tokens, the native digital asset of the ecology. Aside from the art investment projectile, SmarterWorx plans to establish an NFT marketplace like OpenSea, where investors can buy and sell Non-Fungible Tokens daily. Is this not what whales look for?
Buy ARTX tokens and start accumulating wealth from appreciating art pieces and frequent airdrops from the ecosystem. SmarterWorx holders will win.
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