The post Making Your First Million Is Not Hard If You Invest In Gnox (GNOX), Solana (SOL), And Ethereum (ETH) appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
Who wants to be a millionaire — no questions asked? Some pretty smart folks in the investment world are convinced that crypto investing will be a great way to get there. Here are three crypto assets that are quite worthy of attention from long-term investors hoping to parlay their life savings to achieve millionaire status and retire early.
Solana (SOL) and Ethereum (ETH) — #1 with average consumers
Layer-1 smart chains are the future. And these two crypto assets are no-brainers For long-term investors looking to retire millionaires.
Ethereum is the #2 cryptocurrency by market cap. Although Solana is below Binance Coin (BNB) and Cardano (ADA) in market cap, Binance seems to be more focused on financial services than becoming the backbone of Web3. And Cardano seems to be more focused on government and industry applications.
For any blockchain to achieve mass consumer adoption they need to provide lifestyle experiences such as popular metaverses, games, social media platforms, and marketplaces. Look at the top companies today — Apple, Amazon, Google, Microsoft, etc. While all of them provide both business and consumer services, consumer applications are what catapulted them to the top.
Both SOL and ETH are well-entrenched and market leaders in consumer segments of blockchain. Both are bound to continue to see exponential increases in consumer adoption well into the future and are sure to be millionaire makers.
Gnox (GNOX) — crypto investing made simple
In order for DeFi services to see mass adoption, someone has to make it super simple to invest in a diversified portfolio of cryptocurrencies and passive income opportunities. Gnox has done just that.
All prospective crypto investors need to do is buy and hold the deflationary, treasury-backed, passive income-producing GNOX token. They can leave the research and investment management chores up to the Gnox team of experienced DeFi investors.
The Gnox platform includes a tool that aggregates data on passive income opportunities across several DeFi platforms and blockchains. Each month team of analysts uses that data to find the best low-risk/high-reward opportunities.
The Gnox treasury, which is funded by investors, is used to purchase a basket of assets. Once a month passive income from these activities is used to buy GNOX tokens off exchanges and burn them. This reduces the circulating supply and gives the price of GNOX a quick boost. Every month in perpetuity more and more GNOX tokens are burned and the circulating supply is reduced at a faster and faster rate.
Also, a 1% royalty on all aftermarket sales of the GNOX token is airdropped back to all GNOX holders — not once a month, but once every hour. Investors can sit back and watch their token supply increase on a daily basis.
These two features combined are designed specifically to encourage long-term holding and discourage day traders thus keeping the volatility of the token low and the price of the token high.
Although GNOX isn’t currently available on public exchanges, it is available via a private token offering. Investors can get in on GNOX before it goes on exchanges by visiting the Gnox.io website.
With its propensity for mass adoption, GNOX is another platform that seems destined to become a millionaire-maker — especially for those that get in early.
Learn more about Gnox:
Join Presale: https://presale.gnox.io/register
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