Can Parody Coins’ (PARO) NFT exchange Beat Solana (SOL) and Cardano (ADA)?

Cryptomode 2 months ago Report
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Parody Coin (PARO) is making its voice heard in the world of NFTs. There’s no way you will enter the crypto world without hearing about NFTs. But what exactly are they? NFT is the abbreviated form of Non-Fungible Token. Non-fungible means they are unique and can not be traded for any other item. NFTs include art, music, pictures etcetera. It’s actually not that hard to create an NFT and sell one, in fact, there are many platforms where you can do this. In this article, we are going to take a look at two popular platforms and a new platform that may just overtake them soon. 

Solana (SOL)

Solana (SOL) is a powerful blockchain with an immense use case. It was created to solve crypto issues including security, decentralisation as well as scalability. Solana (SOL) boasts of offering very unique contracts while creating decentralised apps that help with NFTs. The platform offers users a permissionless Defi solution, something that’s quite hard to come by. 

With such a unique feature in place, you’ll be able to access very fast transactions at very low fees. 

With Solana (SOL) you pay less than $0.02 for every transaction while it lets you create any block within 500 milliseconds.

The platform also gives users the chance to become validators and start helping with system security and other related activities. Judging by these impressive use cases, there’s no way Solana (SOL) can’t be viewed as one of the most powerful, fastest blockchains. 

Cardano (ADA)

Cardano (ADA) is a unique decentralised blockchain that utilises Ouroboros. Ouroboros is a peer-reviewed protocol that helps maintain any decentralised network. 

This means Cardano (ADA) can offer flexible, scalable, and sustainable services in its ecosystem. The crypto tries its best to solve some blockchain issues by separating the various layers of computing and accounting. 

Cardano (ADA) is able to offer a very unique voting system for its users. Using ADA fetches you some rewards without having to do much. 

Cardano is a good place to get seamless, swift transactions while earning passively. Ensure to check it out if you’re planning to get invested in proper crypto and NFTs. 

Parody Coin (PARO)

Parody Coin (PARO) is a new crypto that’s still in its presale. It offers investors an alternative way to trade their NFTs. Subtly hidden in the name, you can create parody versions of your favourite NFTs and sell them as you please. 

Parody Coin (PARO) is built on the BEP-20 network. It’s able to allow swift buying and selling of items. The token is deflationary, meaning it gets burned over time to reduce supply and increase value. With more demand than supply, the coin could as well as its NFT skyrocket in value. Parody Coin has created a platform called Parody market, where all of this will take place. In this marketplace, you can create your NFT of choice and sell it as you wish. 

As promised, we’ve been able to provide you with 3 unique coins that can help you easily create and market your NFTs. As an NFT holder, or a crypto enthusiast, try and take a look at these cryptos and start utilising their amazing benefits. 

The NFT market is a very lucrative industry right now, now could be a time to start exploring the market. 

LINKS

Presale: https://presale.parodycoin.io/register

Website: https://parodycoin.io/

Telegram: https://t.me/PARODYCOIN_OFFICIAL

Twitter: https://twitter.com/ParodyCoin


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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Original Source: https://cryptomode.com/can-parody-coins-paro-nft-exchange-beat-solana-sol-and-cardano...

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