Decentralized video streaming is to Theta Network as liquid staking is to Lido. These two coins are forces in their various sub-sectors. They have, by that virtue, driven customer appeal with their unique utilities. Today, a new token, Mehracki (MKI), is carving a niche in the hospitality and tourism region and, already, its presales are doing fantastic numbers.
Read on to know more about LDO, THETA, and MKI.
Lido is an Ethereum-based liquid staking platform that works with several blockchain staking networks. The platform allows users to stake coins while offering an easy-to-use user interface. For Lido (LDO), the goal is to eliminate the common problems people face when using Ethereum (ETH), i.e., inaccessibility, immovability, and illiquidity. The platform stimulates cross-platform collaborations and fosters diversified investment for higher returns.
As a holder, you can use your staked ETH across various DeFi applications and marketplaces like Sushi, Yearn and Curve. When users stake with Lido (LDO), they receive staked ETH in return. StETH represents the value of your initial staking deposit and your daily staking rewards, and the balance increases daily as your rewards trickle in. You can also use these stETH balances like regular ETH to earn yields and lending rewards. Research shows that the total value locked (TVL) in Lido has exploded since the start of 2022.
Theta Network (THETA)
Theta (THETA) was established in 2017 by Mitch Liu and Jieyi Long. Investors can trade Theta Network tokens on AAX, Digifinex, and Binance. Theta Network (THETA) is the native token of the Theta Network, a blockchain project underpinning a number of streaming and live streaming applications. Theta strives to incentivize a common network of computers to operate a decentralized video streaming outlet.
According to data, the Theta blockchain is the only end-to-end infrastructure for decentralized video streaming that delivers both technical and economical solutions. Theta allows its users to broadcast videos by offering their extra bandwidth and computing resources and rewards them for doing so. Also, Theta Network (THETA) offers higher quality, smoother video streaming, a decentralized peer-to-peer network that delivers streams globally, and lower cost of delivering video streams.
The price of theta today is about $1.15, with a trading volume of approximately $50,173,900 and a market cap of about $1,147,653,000.
Mehracki (MKI) is a community-driven, feel-good meme token on Solana with a design objective of championing feel-good moments and activities for people worldwide via Cryptocurrencies. Mehracki is a word that describes putting any of the trinity of soul, creativity, and love into whatever one does. According to creators, Mehracki is driven to become one of the frontrunners for the revolution of the meme coin sector, sponsoring activities and causes that will make the world a better place.
The Mehracki team identified the need to boost the experiences of the crypto community by integrating real-life use cases to deepen the crypto community’s love for cryptocurrencies and inspiring fun. Mehracki’s real-life application aims to offer cheap, fast, and borderless transactions with industries to make us feel good, namely travel, hospitality and tourism.
Over time, the long-term goal is to make Mehracki (MKI) an ecosystem that features a utility token, feel-good NFTs, DAO, staking and yield farming, and a marketplace where tourism and hospitality businesses will form the epicentre of its conversations.
With MKI, users can feel good and worry less with the official utility token of the Mehracki ecosystem. The token is designed to verify and authenticate transactions made within the Mehracki platform. Payments with MKI will be gamified with several rewards at different milestones to promote the use of the token. Transactions will be gamified based on merchants purchased from, the amount spent, and active referrals.
When users attain these levels within the system, they enjoy more rewards and discounts on certain services. For the users and their loved ones, this simply promises a more wholesome experience that doesn’t require serious financial commitments.
However, using Mehracki (MKI) will not be entirely free. Each transaction will come at a 0.5% charge which will be used to maintain the ecosystem through staking rewards, liquidity pool, incentivizing payments with MKI, and rewarding developers’ contributions to the Mehracki network.
Follow the links below for more information on the presale: