As Saudis Back Osborne's Tech Fund, TMS Network (TMSN) $4.0 Mio Gains Surmount Rivals Cosmos (ATOM) and Filecoin (FIL) in the Crypto Market
Saudi Arabia's sovereign wealth fund, Sanabil Investments, has been revealed as a backer of 9Yards Capital, a tech investment fund co-founded by former UK Chancellor George Osborne.
Saudi Arabia's sovereign wealth fund, Sanabil Investments, has been revealed as a backer of 9Yards Capital, a tech investment fund co-founded by former UK Chancellor George Osborne.
While 9Yards holds investments in companies such as Coinbase and Robinhood, a rival crypto network, TMS Network (TMSN), has been gaining momentum and surpassing the likes of Cosmos (ATOM) and Filecoin (FIL) in the crypto market.
This article will discuss the latest developments in Cosmos (ATOM) and Filecoin (FIL) and explore the rise of TMS Network (TMSN).
Cosmos (ATOM)
Cosmos (ATOM) is a decentralized network of independent, parallel blockchains designed to work together seamlessly, enabling users to transact and exchange data between different blockchain networks.
The Cosmos (ATOM) network aims to address the issue of blockchain interoperability and scalability, allowing developers to easily design and launch new blockchains that can interact with other blockchains and legacy systems.
ATOM is the native cryptocurrency of the Cosmos network, which is used to facilitate transactions and incentivize network validators and governance participants.
The Cosmos (ATOM) network has a growing ecosystem of decentralized applications, ranging from financial services and gaming to identity and supply chain management. The Cosmos project aims to create a more interconnected, efficient, and accessible decentralized internet.
As 2021 began, the Cosmos (ATOM) token was propelled by retail investors from a value of under $4 to almost $45 within months. Unfortunately, like many cryptocurrencies, ATOM's price plummeted in June 2022 and reached an all-time low at around $6. Despite attempting to attract more users and shareholders recently with little success, the coin is now trading at approximately eleven dollars - still far away from its previous peak yet hinting that it may be able to recover soon.
Filecoin (FIL)
Filecoin (FIL) has shown remarkable performance since the beginning of 2023. In an unprecedented move, the price of Filecoin (FIL) surged by 76% in January, making it one of the best-performing cryptocurrencies of the year so far. Filecoin (FIL) was designed to incentivize decentralized storage networks and is built on the InterPlanetary File System (IPFS).
Filecoin (FIL) creates a marketplace for distributed digital storage by offering FIL tokens in exchange for renting out unused storage space to others. Filecoin’s (FIL) decentralized storage model is significantly more advantageous than traditional centralized cloud storage, as it is more secure, cost-effective, and offers Filecoin (FIL) users complete autonomy over their data, which they can access from anywhere.
TMS Network (TMSN)
The decentralized trading platform of TMS Network (TMSN) operates on Ethereum's blockchain, connecting traditional and emerging assets and offering traders a seamless trading experience.
TMS Network (TMSN) addresses major market issues such as high fees, price manipulation, and transaction delays, with features like social trading, on-chain analytics, and trading bots enabling informed decision-making. TMS Network (TMSN) also ensures user safety through encryption, multi-sig wallets, and regular audits. Moreover, TMS Network (TMSN)'s unique token offers lower trading costs, elevated staking incentives, and the authority to participate in governance voting processes.
TMS Network (TMSN) has achieved significant growth, with its token currently trading at $0.05 in stage two of its presale, representing over a 100x rise in initial presale price. Furthermore, the platform has seen a remarkable 2240% increase in overall revenue and a 963% increase in token value.
The TMS Network (TMSN) is a user-friendly and reliable platform that offers rapid transaction processing rates and exceptional token features. Its dedication to protecting user privacy and security has made it a go-to platform for traders. Joining TMS Network (TMSN) now would be an excellent opportunity to get involved in the biggest thing of 2023.
To find out more about TMS Network (TMSN), check out the links below:
Presale: https://presale.tmsnetwork.io
Whitepaper: https://tmsnetwork.io/whitepaper.pdf
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Discord: https://discord.gg/njA95e7au6
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