EOS (EOS) and NEO (NEO) Chase Old Glories. Analysts Prefer the Outlook for Uwerx (WERX)

EOS (EOS) and NEO (NEO) Chase Old Glories. Analysts Prefer the Outlook for Uwerx (WERX)

EOS (EOS) and NEO (NEO) are two old-school crypto projects that used to reside in the top ten list of tokens. That was in the days of payments-only projects and a big wave of competition has pushed these projects down the pecking order. As the two battle to regain their status, Uwerx (WERX) can gain ground with a disruptive platform that seeks to leverage the fast-growing market for freelance workers.

Uwerx (WERX) is Yet to See Mainstream Attention

Uwerx is a brand-new project that wants to challenge the likes of Upwork and PeoplePerHour in the world of freelance gig workers. Uwerx will be the first to bring that market to the blockchain, and that can benefit employers and workers. The gig economy is growing fast, with 73 million workers expected in the U.S. in 2023. That number is expected to grow to 91 million in 2028. It makes sense that many of the current freelance workers are tech-savvy and have some interest in crypto, so that can boost the outlook for Uwerx. The project has also been audited by InterFi Network and Solidproof it also has its liquidity locked in for 25 years after the presale.

The rival Upwork platform said in its earnings results that it had booked $3.5bn of work in 2021, up 35%. The project currently has a market cap of around $1.7bn, but the project had a peak valuation of $8bn at the top of the tech bubble. That would be enough to challenge Solana for the top ten crypto projects currently. Imagine the potential of a decentralized, blockchain based freelance platform. The first of its kind.  Investors can snap up Uwerx for only $0.0065 in the current presale and ride the wave of a booming market.

EOS (EOS) Look to Revive the Glory Days

EOS (EOS) is an old-school crypto project that was a regular feature in the top ten coins before heavy competition arrived. EOS (EOS) is a platform that was launched in 2018 to rival Ethereum with the building of decentralized apps. However, big competition arrived and EOS (EOS) could not keep up with the changes in decentralized finance and smart contracts. The project’s new development team also blamed the big influence of the previous Block.One developer and their control and neglect of the EOS chain.

EOS (EOS) has now seen its coin drop to number 39 in the rankings, while Ethereum has remained rigid at number two. EOS (EOS) did receive some good news last year that Binance would be integrating the Tether stablecoin on the EOS (EOS) network. That could see the TVL numbers for EOS improve with on-ramping and could see the project volumes move in the right direction. Another opportunity was noted when the EOS (EOS) Network Foundation (ENF) CEO Yves La Rose announced a $100m ecosystem fund that will invest directly in projects building on the EOS (EOS) chain. That could attract projects in hot new sectors such as P2E, DeFi, or the metaverse. EOS (EOS) currently hosts the popular Upland play-to-earn game.

NEO (NEO) Token Needs a Revival

NEO (NEO) has seen its fortunes decline and the project is in a worse position than EOS (EOS) with the coin drooping back to number 73 in the list of tokens. NEO (NEO) once saw a coin price peak of $180 in late 2017 which gave the project a market capitalization of around $12bn. That valuation has now slumped to $500m, and the project first struggled in 2018 when the Chinese government announced a crackdown on crypto exchanges and projects. NEO did manage to rebound in 2021 to a price of $120, but has since slipped again to only $7.

NEO (NEO) is now seeking a revival with an upgrade to an N3 model after four years in the making. The project offers smart contracts, oracles, and domain naming but has disappeared from mainstream attention. NEO (NEO) and EOS (EOS) could both see positive price action in the future, but investors know that projects need good fundamentals and mainstream attention to stay relevant. 

Rather than waiting for these projects to recapture their old glories, investors would be better off focusing on the surprise element of a project such as Uwerx. The current price level is an attractive opportunity to get in at ground level for strong growth potential; a 25% purchase bonus and a chance to win $5,000 is also included!

Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network/

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