The year has been going well for Kava (KAVA) and Polygon (MATIC), but the soon-to-launch project Uwerx is having a better year and gearing up for even more. Its ongoing presale is stunning everyone.

This article will analyze the price and prediction potential of all Kava (KAVA) and Polygon (MATIC) and explain why analysts believe you should go for Uwerx.

UPbit Resumes Kava (KAVA) Deposits 

The South Korean Digital Asset Exchange Association (DAXA) initially issued investment warnings on Kava (KAVA) last year. DAXA warned users about investing in Kava (KAVA). However, after reviewing Kava (KAVA), DAXA removed the warnings, adding that they no longer see Kava (KAVA) as a significant risk because the reasons for the initial warning have been resolved.

This news meant South Korean exchanges could start accepting Kava (KAVA) again. 

Following the development, South Korean exchange UPbit, announced on May 23 that they have resumed deposit services for Kava (KAVA). They also added that all deposits during Kava’s (KAVA) suspension would be added to users’ accounts.

As deposits resumed, Kava (KAVA) rose in price. The project trades for $1.13, representing a 5.92% increase in the last seven days. Analysts predict the coin to reach $2.18 within Q1 2024.

Polygon (MATIC) Recent Developments

The last three months have been good for Polygon (MATIC). Delphi Digital tweeted on May 14, 2023, that the project was the leading chain for GameFi, having amassed over 35% of all active GameFi wallets. To add to that, Mangrove, a decentralized exchange (DEX), joined Polygon’s (MATIC) testnet.

This progress can be attributed to Polygon’s (MATIC) zkEVM mainnet. Since it launched the zkEVM, the project has seen a drastic increase in the number of transactions on its network, recording a 27% increase in buyers last month.

Riding on these positive developments, Polygon (MATIC) has been on an upward trend in the last seven days. The token gained 5.6% to settle at $0.93. Analysts predict the project to reach $1.02 by Q1 2024.

How Does Uwerx (WERX) Distinguish Itself?

Uwerx will be the world’s first decentralized freelance platform. It will offer transparent pricing, personalized matching, in-built dispute resolution, incentives, low fees (1% transaction fee), and more.

The project has continued to increase in value since the start of its presale. Uwerx has so far had a wonderful presale. This is all thanks to the agile methodology approach taken by its developers. This approach involves breaking the project into different stages and making necessary improvements as they go. 

Since Uwerx outsold their expectations, Uwerx developers had to make some adjustments to match the increasing demand for WERX tokens. 

They started by increasing the presale allocation to 427.5 million tokens (57%) of the 750 million tokens supply. They also raised the launch price to $0.095 – $0.115. And finally, they reduced their token allocation to 7% and released 72.5 million tokens for the fifth presale stage.

WERX tokens currently sell for $0.05245/WERX with a 15% purchase bonus. Considering Uwerx’s low price, many investors are buying up the project. They are confident that their funds are safe with Uwerx because SolidProof and InterFi Network had audited Uwerx before the presale started. On top of that, the Uwerx team has relinquished smart contract ownership, which will take effect once Uwerx lists on centralized exchanges.

The team also planned to place a 25-year liquidity lock on their tokens at a soon-to-be-announced date. They had scheduled to affect the lock after the presale, but following a poll where 82.8% of the responders wanted the tokens locked immediately, the team agreed to lock the tokens next week.

98.2% of respondents voted in another poll in favor of a Test airdrop. This will enable users to verify their Receiving Wallet addresses.

Let us introduce you to Uwerx’s new feature, the Uwerx Vault. This feature will enable users to save their tokens for a desired time. They will also earn rewards for using the vault.

Uwex has also announced the launch of the Alpha version of the Uwerx platform. This version features a Landing page, Signing Up page, Logging In page, and Forgot Password page. Additionally, there is the Freelancer or Client Initiation page, My Activity page, Hiring Dashboard page, Job Creation Process page, Initial Step Of Job Creation, and Initial Step Of Finding Talent pages.

Transitioning to the Beta version will follow, so users will start testing the platform themselves. Uwerx also welcomes feedback, and they have set up a dedicated email, [email protected], to receive feedback from the community. 

According to Velocity Global, the global freelance market is expected to grow at a compound annual growth rate (CAGR) of 15% through 2026. Analysts have considered this and Uwerx’s features, and so they predict that Uwerx will trade above $3 by Q4 of 2024. 

Don’t miss the chance to get WERX tokens for cheap. Remember the 20% purchase bonus, which is like the icing on the cake.

Learn more about Uwerx and its presale by clicking the links below:

Presale: invest.uwerx.network

Telegram: https://t.me/uwerx_network 

Twitter: https://twitter.com/uwerx_network 

Website: https://www.uwerx.network

Chainbits is not the source of this content. This article is provided for educational purposes only. Users should exercise caution with investing/dealing with cryptocurrencies and do thorough research prior.