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Interactivity: The Future Of Cryptocurrency? Polkadot, Moshnake And Uniswap Lead...

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Interactivity: The Future Of Cryptocurrency? Polkadot, Moshnake And Uniswap Lead The Way

September 28, 2022
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The possibilities of blockchain technology are near endless. Mainstream awareness and acceptance of cryptocurrency are growing, and the potential of innovative currencies is exploding. New and exciting projects focus on interactivity: allowing owners to move and use their investments at will, trade them with others, create art with them, or even play games. These transformative ideas are capturing new audiences by opening up the doorways into the ecosystem of cryptocurrency.

Up-and-comers like Polkadot (DOT), Moshnake (MSH) and Uniswap (UNI) are blazing trails in exciting new directions. Three projects are perfect examples of this evolution. Find out how these technologies are enabling interactivity by reading on.

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Polkadot (DOT): A Communal Cryptocurrency

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The Polkadot Network Protocol is an accessible and versatile framework that allows users to interact with its ‘Parachains.’ These are webs of small blockchains governed by the secure overall Polkadot Relay Chain. Bridges allow these to connect to networks outside the relay chain.

With this open-source technology, specific uses for Polkadot (DOT) and its associated token are led by its users. Polkadot (DOT) token holders are granted the same privileges that miners are on different platforms. They are even allowed a say in protocol changes, bug fixes, and upgrades to the network.

When investing in this system, token holders are incentivised to act for the good of the community by receiving rewards for useful or beneficial acts. Malicious acts can result in the loss of stake in the network, making Polkadot a self-moderating currency commune.

This means that users customise their experience, and harness this token and its foundational programming for the benefit of themselves and their community. An almost unlimited number of applications are theoretically possible – it’s down to the Polkadot community to decide how far this radical token can go.

Interaction is at the heart and soul of Polkadot (DOT). This token and its fresh ideas are among the earliest in a wave of grassroots cryptocurrency trading and programming.

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Moshnake (MSH): Retro Pastime Revolutionised

The vision behind the Moshnake (MSH) token is simple: what if you could earn cryptocurrency by playing a classic phone game? That daydream can be a reality in Moshnake, where players buy a snake NFT to play with, and then go up against computer opponents or other players to earn in-game currency. That currency can then be spent on further NFTs.

Suitable for any age group and available worldwide, this accessible and familiar game is a great way to introduce cryptocurrency to new audiences. That’s not all: by allowing cooperative or competitive play, and by allowing all players the same rules regardless of their stake, Moshnake guarantees that it offers fair competition.

It’s estimated that there will be more than 3 billion gamers in the world by 2024. Mohsnake shows that cryptocurrency is evolving fast to enter the world of entertainment and allow gamers to enjoy their hobby while investing – combining fun with profit.

Similarly to Polkadot (DOT), holders of Moshnake (MSH) tokens can gain roles on its governing platform, and even have a say in the game’s administration, showing the wider trend of users and token holders being included in the management and development of cryptocurrency platforms.

This initiative exemplifies the idea that interactivity is the future of cryptocurrency.

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Uniswap (UNI): Unicorns Really Do Exist

Uniswap (UNI) is the perfect tool for cryptocurrency enthusiasts who want to buy, trade and sell their currencies. Its unique infrastructure allows for transactions where traders pay no fees, and retain complete custody of their assets throughout the whole process. It has been described as a platform for the good of the public and is highly accessible. You don’t even need to make an account.

This easy-use marketplace breaks down barriers to access for cryptocurrency enthusiasts worldwide and empowers them to control how they trade their assets. Transparency in transactions is the name of the game here, displaying how demand is increasing for token holders to keep ownership of their currencies and dictate how and where they move and change.

The Uniswap token (UNI) is where things get interesting. Token holders are considered ‘stewards’ of the protocol and can partake in an on-chain governance process, not unlike voting in a parliament. Through a three-phase process, with token thresholds serving as breakpoints, the development of the protocol is decided. For Uniswap, interactivity isn’t just the present: interactivity determines its future.

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From user-led change and innovation to competitive fun for profit, it’s clear that future cryptocurrencies will be accessible, open-ended and interactive. The days of staring at stock charts in silence are fading: a teenager will be making more money playing snake on their phone in the next room.

Moshnake

Website: https://moshnake.io

Telegram: https://t.me/MoshnakeOfficial

Twitter: https://twitter.com/moshnakeToken


Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff. 

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