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How Will Plona (PLON) Compete with Stacks (STX) and Theta Network (THETA) in the Competitive NFT Space Today?

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How Will Plona (PLON) Compete with Stacks (STX) and Theta Network (THETA) in the Competitive NFT Space Today?

by IndustryTrends December 1, 2022

Non-fungible tokens (NFTs) have created a new way of creating digital art that is unstoppable. Plona tokens are an Ethereum-based (ETH) NFT collection that brings luxury cars to blockchain experts. Car enthusiasts acquiring a new cryptocurrency to invest in should consider PLON tokens. With ownership by tokenisation, Plona token (PLON) holders can own a fraction of luxury cars like Bugattis, Lamborghinis, and Ferraris, among others, for $29. Each investment will be rewarded with an exclusive insured physical car plus a minted NFT that is parallel-backed. Starting at $0.012, you can invest now. 

Additionally, Plona’s (PLON) platform has a lending facility that will allow users to borrow against their physical premium car or NFT on the blockchain. This lending facility enables users to borrow money from Plona to purchase an NFT or premium car and then pay back the borrowed money at a fixed tenor. The platform will donate 2% of tokens to a charity of the community’s choice and will lock up liquidity for five years. Plona (PLON) has undergone and passed its audit by Interfi Network, a highly respected auditing firm in the crypto space. With its phase one presale underway, 40 million tokens of the available 140 million tokens have already been sold. 

 

Will Stacks (STX) Be the Leading Trading Place for NFTs

Another cryptocurrency in the NFT space is Stacks (STX). The platform takes a unique approach for new cryptocurrency investors to earn Bitcoins using smart contracts. The Stacks network works by allowing Stacks (STX) token holders to lock their Stacks (STX) tokens to the network, thereby supporting Stacks’ (STX) consensus. Stacks’ (STX) investors are then rewarded with the ability to earn up to 10% in the annual percentage yield (APY), which is paid in Bitcoin. This functionality is known as Stacking.

Stacks (STX) is bound to Bitcoin through a proof of transfer for settlement and offers various solutions for the decentralised finance (DeFi) space, including app development options, NFTs, and more. Investors can use Stacks (STX) in any application across the Stacks Ecosystem, including its NFT marketplaces, DeFi applications, name registrars, and others. Stacks (STX) trading volume is currently down by 27% in the last 24 hours, with only $8.9 million worth of tokens traded.

 

Is Theta Network Faster Than Ethereum?

On the media side of the crypto market is Theta Network (THETA). The team helming Theta Network (THETA) started this cryptocurrency to offer users more control over their video streaming by bringing together a range of computer networks that could accomplish this. Theta Network is acclaimed for the first real-time NFT marketplace built on the theta blockchain, known as ThetaDrop.

Fresh into the competitive NFT space, ThetaDrop is already garnering attractions for its live streaming service that blockchain, crypto, and NFT enthusiasts alike come to watch NFT drops and auctions that the platform offers. The platform claims to trade NFTs faster and cheaper than transactions using Ethereum (ETH), with a 100% environmentally friendly transaction because of its innovative proof-of-stake (PoS) technology. However, about $42 million in Theta Network (THETA) tokens were traded in the last 24 hours, which is 95% below last week’s previous amount.

 

Plona (PLON) starts at $0.012 per token. Use the following links to find out more about Plona (PLON) and join its presale: 

 Presale: https://buy.plona.io

Website: https://plona.io

Twitter: https://twitter.com/plonatoken

Telegram: https://t.me/plonatoken

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How Will Plona (PLON) Compete with Stacks (STX) and Theta Network (THETA) in the Competitive NFT Space Today?

by IndustryTrends December 1, 2022

Plona

Non-fungible tokens (NFTs) have created a new way of creating digital art that is unstoppable. Plona tokens are an Ethereum-based (ETH) NFT collection that brings luxury cars to blockchain experts. Car enthusiasts acquiring a new cryptocurrency to invest in should consider PLON tokens. With ownership by tokenisation, Plona token (PLON) holders can own a fraction of luxury cars like Bugattis, Lamborghinis, and Ferraris, among others, for $29. Each investment will be rewarded with an exclusive insured physical car plus a minted NFT that is parallel-backed. Starting at $0.012, you can invest now. 

Additionally, Plona’s (PLON) platform has a lending facility that will allow users to borrow against their physical premium car or NFT on the blockchain. This lending facility enables users to borrow money from Plona to purchase an NFT or premium car and then pay back the borrowed money at a fixed tenor. The platform will donate 2% of tokens to a charity of the community’s choice and will lock up liquidity for five years. Plona (PLON) has undergone and passed its audit by Interfi Network, a highly respected auditing firm in the crypto space. With its phase one presale underway, 40 million tokens of the available 140 million tokens have already been sold. 

 

Will Stacks (STX) Be the Leading Trading Place for NFTs

Another cryptocurrency in the NFT space is Stacks (STX). The platform takes a unique approach for new cryptocurrency investors to earn Bitcoins using smart contracts. The Stacks network works by allowing Stacks (STX) token holders to lock their Stacks (STX) tokens to the network, thereby supporting Stacks’ (STX) consensus. Stacks’ (STX) investors are then rewarded with the ability to earn up to 10% in the annual percentage yield (APY), which is paid in Bitcoin. This functionality is known as Stacking.

Stacks (STX) is bound to Bitcoin through a proof of transfer for settlement and offers various solutions for the decentralised finance (DeFi) space, including app development options, NFTs, and more. Investors can use Stacks (STX) in any application across the Stacks Ecosystem, including its NFT marketplaces, DeFi applications, name registrars, and others. Stacks (STX) trading volume is currently down by 27% in the last 24 hours, with only $8.9 million worth of tokens traded.

 

Is Theta Network Faster Than Ethereum?

On the media side of the crypto market is Theta Network (THETA). The team helming Theta Network (THETA) started this cryptocurrency to offer users more control over their video streaming by bringing together a range of computer networks that could accomplish this. Theta Network is acclaimed for the first real-time NFT marketplace built on the theta blockchain, known as ThetaDrop.

Fresh into the competitive NFT space, ThetaDrop is already garnering attractions for its live streaming service that blockchain, crypto, and NFT enthusiasts alike come to watch NFT drops and auctions that the platform offers. The platform claims to trade NFTs faster and cheaper than transactions using Ethereum (ETH), with a 100% environmentally friendly transaction because of its innovative proof-of-stake (PoS) technology. However, about $42 million in Theta Network (THETA) tokens were traded in the last 24 hours, which is 95% below last week’s previous amount.

 

Plona (PLON) starts at $0.012 per token. Use the following links to find out more about Plona (PLON) and join its presale: 

 Presale: https://buy.plona.io

Website: https://plona.io

Twitter: https://twitter.com/plonatoken

Telegram: https://t.me/plonatoken

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