KiX vs Alt Coins
Last updated
Last updated
There are some 22,000 token projects listed on CoinMarketCap with a combined value in excess of $1trn. The figure has been as high as $3trn, and may well return to that figure at some time in the future. This huge market cap is as a direct result of traders seeking 'alpha' outside traditional regulated markets.
Of course, just over half of that figure is held in just two coins, Bitcoin and Ethereum, however that still leaves a staggering value in 'altcoins'. By way of contrast only some $12.5bn is held in NFTs.
Our project has appeal to crypto traders for 3 reasons:
In a sector of complex blockchain projects that are often highly numerate and abstract, in other words, not much fun, KiX introduces an exciting and engaging real world connection through sports.
Nothing is more important to a trader than liquidity, and our protocol has assured and verifiable liquidity that is not reliant on third party mercenary capital that can easily be withdrawn.
Regular and reliable tradeable data is in short supply in the sector which is highly reliant on 'pump and dump', influencers, and the odd tweet from Elon Musk. In contrast our market creates rich cross-referenced data every time an athlete walks onto the pitch.