There has been tremendous bullish momentum in the cryptocurrency market recently. If you made any Decentralized autonomous organization concrete investment and held Terra (LUNA) or Monero (XRM), at this time last year, you might just be financially secure for the rest of your life. Yet another bonus for SSW holders is the referral system offered; up to 5% for referrer and referee. There is a 3% fee on each purchase of SSW and there will be a 5% fee on each sale. Seesaw Protocol addressed this issue in their white paper as they state that while anonymity is a rule of the team, there’s not a « lack of accountability as far as practically enforceable ».

Gelephu Mindfulness City to Hold Bitcoin in Strategic Reserves, Leads Bhutan’s Digital Asset Push

A referral system is also in place, which compensates you for referring new members to the project. Currently, every new user who signs up using your unique referral link will https://www.xcritical.com/ earn you up to 5% in bonus tokens. Meme coins were the definitive success stories amongst the many positives for cryptocurrency in 2021. The 2 major meme coins are Dogecoin (DOGE) and Shiba Inu (SHIB).

Seesaw Protocol Crypto: Is There Reason to Be Wary?

A project like this will take some time to implement and perfect. So there is still lots of time for this project to come to light before it raises some eyebrows. CoinCodex tracks 39,000+ cryptocurrencies on 200+ exchanges, offering live prices, price predictions, what is ssw and financial tools for crypto, stocks, and forex traders. With two more stages of the pre-sale to go, expectations are high for Seesaw with some suggesting that an increase of 6000% is possible before the April 2022 launch.

Could $1000 in Seesaw Protocol Return Millions Like Dogecoin & Shiba Inu?

You can use our article How to recognize a scam website as a tool to guide you. Bitcoin, for example, is founded by Satoshi Nakamoto, a pseudonym of the person who drew up the original Bitcoin white paper. A new approach has opened up for Bhutan in its modernization with the latest step to include Bitcoin into the strategic reserves of Gelephu and turn it into… This could be the next big investment, with all eyes on the currency itself, but caution is advised. Every investor, like every newcomer and every industry, is encouraged to conduct their own study and make their own decisions. SeeSaw Protocol has only recently been developed and is not yet available for trade in the broader market.

Seesaw Protocol (SSW) is a decentralised finance (DeFi) cryptocurrency that serves as a bridge across multiple ecosystems. Holders of SSW will be able to bridge between Ethereum (ETH), Polygon (MATIC) and Binance (BNB) to choose the fastest and cheapest network for their transaction. Seesaw Protocol (SSW) also rewards its « HODLers, » or long-term holders. Every holder receives a little percentage of each and every transaction made on the network.

It’s hard to imagine a more exciting investment opportunity than DeFi this year. Terra (LUNA), the world’s eighth-largest cryptocurrency, has built a market capitalisation of nearly $34 billion since its emergence in 2019. Its white paper had also been released on February 8 as the project laid out its roadmap for 2022 which includes its impending launch on PancakeSwap and Uniswap later this year. Like Bitcoin’s Satoshi, pseudonyms enable developers to work without fear of being excluded from what is a male-dominated industry and grants developers a sense of freedom in their work. There are various valid reasons as to why a crypto project will choose to remain anonymous with one reason being safety.

SSW has been trending on engines and is currently in the presale stage, with its expected launch just around the corner. The first coin offering for such coins is known as an ICO (Initial Coin Offering), and the SSW ICO is attracting a lot of attention. The numerous benefits of blockchain technology have enabled investors worldwide to invest in digital tokens based on comparable technology, with the market showing an increasing trend. Bitcoin is the most popular and lucrative of them, but there are many others in the market vying to top the charts with their added worth. As a result, Seesaw Protocol has the potential to transform DeFi projects.

Given the volatile nature of the bitcoin market, picking the next investment is tough. This is due to the fact that they have already witnessed massive increases and have been widely accepted by investors, implying that they would not be able to have the same fantastic growth. This encourages coin holding, and consumers may be encouraged to keep their investments rather than swiftly holding and selling.

Seesaw Protocol (SSW) shares that similarity of anonymity with both Bitcoin and Olympus DAO that the team behind the project has decided to maintain anonymity. One downside of anonymity is the question of accountability and how accessible somebody can be to answer for issues with the project if their identity is anonymous. There are, however, cryptocurrencies that are legitimately respected in the industry that do not disclose the founder or developer team. Coinbase, a leading cryptocurrency exchange in the USA has won a significant fight in court against the Securities and Exchange Commission (SEC). Such a significant verdict shows how cryptocurrency acceptance is growing in mainstream finance.

The trust score is based on 40 different data points we collected. From if contact details are hidden, to other websites located on the same server, the reviews we found across the internet, etcetera. While our rating of seesawprotocol.com is medium to low risk, we encourage you to always do your on due diligence as the evaluation of the website was done automatically.

In addition, owning and keeping the Seesaw token may result in benefits. Those who purchased the tokens will profit from everyone who buys and sells them; a portion of all purchases and sales will be returned to the Protocol. If trade volume is high, the value of your overall portfolio will rise. SeeSaw is a digital token, but it is a multi-chain token that spans both Ethereum and the Polygon network, without getting too complicated. Many investors are poised to capitalize on what may be the next major investment opportunity.

In the long run, a less volatile currency may represent a favorable opportunity for investors. As you can see from the presale price chart, Seesaw Protocol crypto has been heading skyward. At the last time we checked, its value is up more than 578% since the presale first launched. But since this is still in the presale stage, it doesn’t appear there’s any way to exit a position yet. All those gains from the first folks in are nothing more than a hope at this point.

• In other words, mere plans do not necessarily equal real world results.
• Terra (LUNA) hit an all-time high of $103.88 on March 9th, 2022, with the token trading at $94.30 following an 87 percent rise in the preceding 30 days.
• Once distribution of tokens happens though, this could be a big sign that this isn’t a crypto scam.
• If you had invested just $1500 in DOGE before to its inception, you would now be a millionaire.
• Those who purchased the tokens will profit from everyone who buys and sells them; a portion of all purchases and sales will be returned to the Protocol.
• This is beneficial to holders because the fees are dispersed among existing SSW holders, thus the longer you hold, the more tokens you’ll have.

But that doesn’t mean there’s only a 10% chance that Seesaw Protocol will succeed. But if it does fail, there’s no guarantee any of the money raised will be recouped by investors. The distribution of Seesaw Protocol crypto tokens will take place at the end of the presale. Then, investors will be able to withdraw their tokens onto a BEP-20 compatible wallet.