With many cryptocurrencies seeing high levels of volatility, investors have begun restraining from investing in significantly unstable projects that are easily prone to price changes to ones that offer more stability with assured returns.
As we near the end of Q4 2022, investors are currently on the prowl for crypto investments that can guarantee increased rewards in 2023. Ethereum [ETH], Near [NEAR], and Golteum [GLTM] are some of the crypto assets expected to perform well in 2023.
Ethereum [ETH]: The Shanghai Update
The Shanghai Update represents the next major upgrade to the Ethereum network following the highly anticipated merge, which took place in September. With this update, previously staked tokens sent to the Ethereum 2.0 contract ahead of the merge would be available for withdrawal.
In addition, the upgrade is expected to introduce critical updates and significant changes to the EVM functionalities of the Ethereum blockchain. For example, with the Shanghai Update, gas fee reduction should be implemented for Layer 2 solutions built atop Ethereum.
With these vast upgrades coming to the Ethereum network, coupled with the fact that analysts have predicted that the bottom was in already for ETH, one can expect it to fare significantly better than it did this year.
Near Protocol [NEAR]’s plans for the coming year
Another cryptocurrency asset with the potential for strong performance in 2023 is NEAR. This is due to the plans that the developers of Near Protocol have outlined for the coming year and their impacts on NEAR’s performance.
One of the coming upgrades to the NEAR protocol includes meta-transactions which will allow third parties to pay for the transaction cost of any account. This means users can be onboarded on NEAR without getting NEAR tokens first.
Other upgrades set to be implemented on the Near protocol to make user onboarding easy and capable of driving up the value of the NEAR token are the zero-balance account and the Secp256r1 keys.
Keep an eye out for these updates, as they have the potential to do wonders for the value of the NEAR token in 2023.
Golteum [GLTM]: The world’s first 100% gold-backed NFT marketplace
The GLTM token powers the Golteum ecosystem . This token offers its holders a variety of exclusive services, and it is a must-have for crypto enthusiasts looking to see rewards on their investments in 2023.
Described as the world’s first 100% asset-backed NFT marketplace, Golteum offers users access to buy, sell and trade gold-backed NFTs on its platform either in fractions or in whole. Golteum’s vision is to revolutionize the gold industry by providing Web3 access to the world’s oldest reserve currency – Gold, and in order to achieve that, Golteum has officially teamed up with Fireblocks. To support their mission in launching a top-tier trading platform, they’ve chosen to integrate the Fireblocks Web3 Engine. This includes custody services, treasury management, risk mitigation tools, and their highly anticipated tokenization mechanism for the handling of all gold NFTs.
The importance of having an asset backed by physical gold cannot be overstated. In economic hard times such as the one we currently find ourselves in, gold is seen as the only go-to asset that is recession-proof. Therefore, Golteum’s value proposition of providing an opportunity to trade gold-backed NFTs cannot be underestimated.
It goes without saying that physical gold on the blockchain brings an extra layer of security as it assures investors that their investments on Glotheum are protected no matter what.
Of even greater importance is the GLTM token that powers the entire Golteum ecosystem. With GLTM, users of Golteum that hold the native token are offered a range of benefits which include reduced trading fees and discounts on the subscription to the platform.
Also, upon the launch of GLTM staking, holders who stake their GLTM will receive high APRs that exceed market rates.
To show that GLTM is a viable token with excellent tokenomics, the smart contract that powers it has been audited and verified by Certik, the leading blockchain security expert.
Notably, GLTM’s price jumped by 85% from at last private sale to $0.13 at the first round of pre-sale with a 20% bonus to holders.
Find Out More About The Golteum Presale