The outlook for 2023 is optimistic. April led to high hopes that things were going to steadily tick upwards and – while that hasn’t happened – the mood among crypto enthusiasts is still overwhelmingly positive.
In an environment like that, investors are more willing to take risks. But, where are the best rewards for those risks?
One popular choice for DeFi enthusiasts and investors alike is HedgeUp (HDUP). The project is still in prelaunch but has already made waves for its explosive potential. That comes from several factors such as the pervasiveness of its ecosystem and checking plenty of boxes that more discriminating investors are looking for these days.
Other brands like RenQ and Coinbase might look promising, but there are a few glaring reasons why those projects might be excluding themselves.
HedgeUp (HDUP) vs the world
There are plenty of places in the crypto space for people to park their money. Here are three reasons why HedgeUp (HDUP) looks to be the best choice in 2023.
- No competitors
The team at HedgeUp (HDUP) has found a segment of the DeFi space that is completely unpopulated. That is the world of alternative assets. This $17 trillion market covers an array of investments, but HedgeUp (HDUP) is zeroed in on precious commodities such as art and diamonds.
HedgeUp (HDUP) will procure these assets and make them available on their NFT marketplace. Holders of the HDUP token will be able to invest in a slice of these assets by purchasing an NFT associated with that particular item.
While RenQ (RENQ) has many features that it offers, it is swimming in the same pool as all the other DeFi projects out there. In order for RenQ (RENQ) to do well, it has a long list of well-established adversaries that it has to claw its way past.
- Asset-backed
Unlike the first generation of NFTs that were just digital art, the NFTs that HedgeUp (HDUP) will be trading are backed by the objects they represent. Not only will those NFTs increase in value as the alternative assets do, but there is also a hard floor that the NFTs won’t go below.
In the same way that stablecoins hold their value because of the real-world assets backing them up, HedgeUp’s (HDUP) NFTs come with much less risk than NFTs without this.
RenQ strictly deals with digital assets that will experience the same volatility that everything else does in crypto. For many investors, HedgeUp will be exactly that… a hedge against the next crypto winter.
- Decentralized
What makes crypto work is its decentralized nature and we have seen firsthand what happens when we stray too far away from that. The names LUNA, Celsius, 3AC, and FTX still ring in our heads as warnings of what can happen in a centralized, non-transparent environment like Coinbase has.
HedgeUp (HDUP) is a decentralized blockchain and possession of the HDUP token will grant voting rights to the DAO. The community will decide the direction that the blockchain grows in, not a star chamber of elites or an eccentric billionaire.
The bottom line
Every year, crypto gets more sophisticated and investors expect more and more. This year they will be looking for a project that is exploring new territory, reduces their risk, and holds tight to the principle of decentralization. HedgeUp (HDUP) is the only project out there that delivers all three.
Find out more about the HedgeUp (HDUP) presale here:
- Website: https://hedgeup.io/
- Presale: https://app.hedgeup.io/sign-up
- Telegram: https://t.me/HedgeUpChat
- Twitter: https://twitter.com/HedgeUpOfficial
