Presales of cryptocurrency are basically crowd-funding events that enable project creators to gather funds to carry their project through without the token’s price plummeting. Mehracki (MKI) is a community-driven meme currency that aims to establish a system in which MKI token holders manage the Mehracki platform.
As a result of certain whales and investors taking meme currencies seriously and investing in them, some of the coins have evolved from meme tokens to utility tokens, and Mehracki is one of them. Let’s take a closer look to see what sets this token apart from the others and what makes it similar to the two most popular meme currencies on the market: Cardano (ADA) and TRON (TRX).
Mehracki was created on the Solana blockchain to enable users to relax by producing profit for investors and advocating feel-good moments and activities for individuals all around the globe who want to become engaged in the cryptocurrency industry.
MKI, the Mehracki native currency, acts as a unified value exchange between consumers and hospitality providers, as well as validating and authenticating transactions within the Mehracki ecosystem. The team argues that, unlike other ecosystems, theirs has been streamlined, is interactive, and user-friendly. Mehracki will not be fully free; instead, each transaction will have a 0.5 percent fee, which will be utilized to sustain the ecosystem, reward staking, incentivize payments, and fund the liquidity pool, among other things.
Users will be able to make transactions using MKI tokens, run customer loyalty tokens, bypass costly intermediaries, and have first-hand access to information on consumer behavior for improved services, with the goal of becoming a “feel-good” cryptocurrency with a focus on the hospitality and tourism industry. Its ultimate objective is to create a healthy ecosystem that includes a utility token, feel-good NFTs, and a marketplace where tourists and hospitality companies can be exposed to the rest of the globe.
There aren’t many crypto projects that put happiness at the front of their priority list, but Mehracki does. With its formal debut set for later this year, crypto aficionados currently have the option to participate in its presale and become early supporters of the coin.
Charles Hoskinson, one of Ethereum’s co-founders, is the creator of Cardano. It is a Layer 1 protocol that uses the proof-of-stake consensus method and now supports smart contracts thanks to the Alonzo update. The Cardano network’s native token is ADA.
Cardano was launched in 2017 and has since become one of the ‘blue chip’ cryptos that have survived previous market cycles. It was created to address scalability, interoperability, and sustainability issues.
Despite current market volatility, Cardano continues to attract over 2,000 wallets each day, a very encouraging indication.
TRON is a decentralized layer 1 blockchain that supports smart contracts. It is a blockchain-based content sharing network that aims to eliminate the middleman between creators and customers.
With over 93 million users on the blockchain, it boasts a stunning TPS (Transactions Per Second) of 2000 and is aiming at decentralizing the internet.
It has defied the market trend, rising 20% since the beginning of May, demonstrating investor trust in the initiative.
Where To Invest?
Mehracki presents itself as a solid investment opportunity, and definitely contains the potential to become the next big thing in the cryptocurrency industry, following the footsteps of Cardano and TRON.
Read More:Mehracki (MKI) On Path To Match The Success Of Cardano (ADA) And TRON (TRX)