Dai is planning to rebrand to increase usage. Leo tokens are having little in terms of future direction. DeeStream on the other hand is setting itself apart with a massively successful presale. Thanks to its innovative approach, this decentralized video streaming platform is attracting users by truckload.
DeeStream got obvious utility and clear future plans. It is set to become one of the more enticing cryptos on the market due to its immense growth potential.
Dai Preparing to Launch “Endgame” Transformation
According to co-founder Rune Christensen, on March 12th, decentralized finance lending protocol MakerDAO announced that it is gearing up to launch its ambitious five-phase “Endgame” plan. The goal is to simplify Maker’s complex system. It has to scale up the adoption of its Dai stablecoin to rival the usage of Tether’s USDT.
Phase 1 is kicking off in mid-2024. It will involve rebranding efforts and introducing new token rewards to attract more people. This includes plans to redenominate Maker governance tokens and enable yield farming incentives. Additional phases over the next few years will involve launching dedicated chains, bridges, and semi-autonomous “SubDAO” lending projects.
The “Final Endgame” Phase 4 aims to culminate with core governance becoming immutable. Christensen said bringing back “DeFi summer” with sustainable yield farming and making savings fun are part of Maker’s vision. If successful, the transformations could cement Dai as a leading decentralized stablecoin. Maker hopes its ambitious roadmap will deliver “scalable resilience and sustainable user growth” in the long term.
Leo Tokens Provide Limited Utility
Unlike many other crypto offerings, Leo, the cryptocurrency from iFinex, has limited utility. The sole intent of this coin is to cover trading costs on Bitfinex, which iFinex owns, while also providing some discounts on other services the latter provides. This isn’t to say that Leo isn’t a good investment. As with any investment, one must be aware of market movements.
However, the limited application of Leo tokens might give some investors pause, which might be why its all-time high was $7.5, which it hit in February 2022. Since then, the highest it has managed to trade at was $6.1 in mid-March 2024.
Some analysts have a positive outlook and believe Leo could achieve a new all-time high of $10.71, but investors would have to wait for 2025. However, there are more negative outlooks, with other analysts feeling that it’s more likely to dip to $4.8 this year. The Leo token has limited utility. Very little information is available from iFinex regarding its future plans. Those things make LEO one that some investors might not be too enamored with.
DeeStream Takes Innovation to a Whole New Level
DeeStream is a platform with a clear purpose that has entered a competitive space but one where new blood is definitely a necessity. The platform’s innovative approach to video streaming has made it a stand-out for Dai and Leo investors looking for massive returns.
With more than 17,000 users already on board, DeeStream is set to take the video streaming space by storm. After all, it’s clearly learning from the mistakes of the giants in the space, which is what is attracting creators, viewers, and investors. Free speech, low fees, and instant payouts should likely be the norm in the space, but apparently not. It takes an innovative platform like DeeStream to show legacy players how it should be done, which is why experts are predicting 100x gains, if not much more.
For more information on DeeStream’s presale, check out the website here.
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