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Home DeFi

Rocketize: A Crypto Ecosystem With DeFi Utilities Like Axie Infinity and Fantom

admincrypto by admincrypto
October 29, 2022
in DeFi
Rocketize: A Crypto Ecosystem With DeFi Utilities Like Axie Infinity and Fantom
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The Rocketize project wants to leverage blockchain technology to establish a robust ecosystem. Rocketize created its native token, JATO, on the BEP-20 standard.

Therefore, the token runs on the BNB Smart Chain (BSC) network. BSC is a scalable network that processes transactions of any volume for a low fee.

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Rocketize plans to function as a meme currency by relying on a solid community. This community called Atomic Nation will help promote the project through constant hype. Evidently, the hype has fueled the growth of popular memecoins like DogeCoin and Shiba Inu.

In 2021, both cryptocurrencies entered a bull run. While DogeCoin made an 8000% gain, Shiba Inu posted an impressive 600,000,000% growth. Since most memecoins lack real use cases, their price crumbles within a short period. Thus, the Rocketize team plans to build viable use cases, so its token does not suffer the same fate.

Rocketize will provide decentralized finance (DeFi) products. One such DeFi service will happen through special NFT events. ROCKmint is the avenue that will produce new NFTs. This mint uses a web3.0 wallet to create and store NFT assets.

Even more, the project will create two NFT platforms called The Galaxy and the Reactor in conjunction with an NFT marketplace, where users can generate and sell their trading cards.

Unlike some DEXes controlled by a team, a community of users will govern Rocketize DAO. The project will also reward its community through this Decentralize Exchange. Moreover, Rocketize community members and investors can take total control over their digital assets.

Rocketize vs. Axie Infinity

After playing Crypto kitties, Axie Infinity developers decided to build a blockchain game. Although Axie Infinity gained little attention after its launch in 2018, things drastically turned when the team changed SLP into a cryptocurrency.

Then, one of the community members listed SLP on UniSwap. As a result, players began earning real money for playing Axie Infinity.

Meanwhile,…

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