Although the price of Bitcoin continues to move sideways, emerging crypto projects are seeing major success in the market. Recent coin launches have seen four-digit gains and billions of dollars in trading volume.
Two new crypto launches worth watching are Ecoterra and yPredict. Let’s take a closer look at these potentially explosive projects.
Ecoterra Raises $4 Million for Cutting-edge Recycle-to-earn Platform
Ecoterra, a sustainable crypto project developing an innovative recycle-to-earn platform, has raised more than $4.2 million through its ongoing crypto presale.
The project’s Web3 app enables users to scan packaging materials before recycling them to earn ECOTERRA. Once users deposit their recycling at a reverse vending machine, the Ecoterra app will release their reward.
The idea behind the project is to not only encourage recycling but incentivize it with crypto rewards. Users can hold or exchange their ECOTERRA, or use it to further support the planet.
To that end, Ecoterra gives users the ability to buy certified carbon credits from solar and wind projects around the world. Users can purchase the credits with ECOTERRA to offset their own emissions.
Alternatively, users can spend ECOTERRA in the platform’s fast-growing marketplace. The marketplace is home to eco-friendly businesses, each of which has a transparent impact profile so consumers can see what efforts they’ve made to be more sustainable.
Ecoterra also offers features to help businesses be more sustainable. The platform includes a B2B marketplace for recycled packaging materials. It also gives businesses access to data about which of their products are being recycled so they can design more sustainable packaging.
During Ecoterra’s presale, early investors can buy ECOTERRA at a price of $0.0085. That’s a 15% discount from the planned list price of $0.01.
The presale runs until June 19 or until it reaches its hard cap of $6.7 million. The project looks increasingly likely to sell out since more than 60% of allocated ECOTERRA has already been sold.
Early investors can buy ECOTERRA during the presale with Ethereum, USDT, or a credit card.
yPredict Raises $1.5 Million for AI-powered Predictive Trading Models
yPredict is an all-in-one AI-powered ecosystem for crypto traders, analysts, quants, and developers. It has raised more than $1.5 million, blowing through the presale’s soft cap in just a few weeks.
At the heart of yPredict is a set of AI tools for building predictive trading models. These models enable traders to determine what the price of a crypto token like Bitcoin is likely to do in the next minutes, hours, days, or weeks.
yPredict is making its suite of tools available to all users. Analysts, quants, and developers can create their own models within yPredict using their preferred technical indicators and assumptions. All models can be backtested to determine how they might perform under real-world trading conditions.
Model creators can share their models with traders on a subscription basis through yPredict’s marketplace. This enables quants and developers to earn passive income from the platform while also generating revenue for yPredict.
Traders who want to purchase model subscriptions will need YPRED, the project’s native Polygon Matic-based token.
In addition to using YPRED to purchase models, traders can stake the token. Staking entitles YPRED token holders to revenue sharing with yPredict and discounts on premium yPredict tools.
yPredict plans to incorporate predictive models into a custom trading terminal to make it easy for traders to go from analysis to execution. The platform will also leverage AI to conduct automated chart pattern analysis, social media sentiment analysis, and more.
During the yPredict presale, traders and investors can buy YPRED at a price of $0.07—a discount of more than 40% from the anticipated list price of $0.12.
The presale has a hard cap of $6.5 million, but the next price increase is just over a week away. Presale investors can buy YPRED with Ethereum, Matic, BNB, USDT, or a credit card.
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