Stakenet is by far one of the most promising projects I've seen as of lately. You'd have to have followed the project to truly understand it's potential, but I'll try to explain it briefly here.
1) They helped the Litecoin team with Lightning Network integration on the LTC chain.
2) Stakenet is the industry leader in terms of Lightning Network developments, building and improving the technology in a way that benefits everyone. Their new Lightning DEX, which is an integrated part of a multi currency wallet they've been working on for the past year is bound to be a huge success for the following reasons:
Speed
Ease Of Use
Option To Hold And Trade Multiple Coins
The whole eco-system is ran by masternodes, who will do the dirty work (routing transactions back and forth over the Lightning Network), this means that Lightning node operators already have an incentive to keep them running, since the masternodes is profitable to run from the get-go already.
USDT, Ethereum (and it's tokens) will be integrated as well.
This is just a small, yet important part of Stakenet.
Stakenet invented cold staking, which means that you can stake XSN through their "Trustless Proof Of Stake" protocol.
Please do yourself a favor, and watch this small presentation video:
https://www.youtube.com/watch?v=sXj3_qKSUBk&t=3s
1) They helped the Litecoin team with Lightning Network integration on the LTC chain.
2) Stakenet is the industry leader in terms of Lightning Network developments, building and improving the technology in a way that benefits everyone. Their new Lightning DEX, which is an integrated part of a multi currency wallet they've been working on for the past year is bound to be a huge success for the following reasons:
Speed
Ease Of Use
Option To Hold And Trade Multiple Coins
The whole eco-system is ran by masternodes, who will do the dirty work (routing transactions back and forth over the Lightning Network), this means that Lightning node operators already have an incentive to keep them running, since the masternodes is profitable to run from the get-go already.
USDT, Ethereum (and it's tokens) will be integrated as well.
This is just a small, yet important part of Stakenet.
Stakenet invented cold staking, which means that you can stake XSN through their "Trustless Proof Of Stake" protocol.
Please do yourself a favor, and watch this small presentation video:
https://www.youtube.com/watch?v=sXj3_qKSUBk&t=3s
What you are describing here are long term fundamentals, they have nothing to do with the short term price speculation. Lot's of project can be worth 10x in the future but are crumbling right now and in the near future.
Their DEX is pretty soon ready for a public release, which means that everyone can get to try it out, I expect a massive marketing push, which could catapult the price to 10x it's current value easily, since what they do here, is a world's first.
I think that the creation of DEX will not help to make the price grow 10x. This is not the time for DEXs yet. Unfortunately, but people still do not understand the advantage of DEXs. I think that it takes 2-3 years to become more popular and then it will matter.
Once the bull market truly returns, all the major alts will pump beyond belief. This one too.
Here's a pic of the DEX for anyone who's curious about it:
I really dig this UI design. Looks extremely promising. I found out about this project just recently, and got the opportunity to test it (beta). It's pretty close for public release, at which point I'm sure the price will move due to a LOT of people who want to try it out. Instant decentralized trading is TRULY in demand.