Binance has been under intense scrutiny over the last 12 months. Issues with regulators, the BUSD stablecoin, and other problems have shaken confidence in the exchange. Many fear that if Binance is shutdown there will be chaos in the markets. However, projects like Cardano (ADA) and Arbitrum (ARB) are unphased as the market trends higher. Additionally, investors look to a new contender as TMS Network (TMSN) registers over 1400% gains in presale.
TMS Network (TMSN)
Built on Ethereum, TMS Network (TMSN) is a revolutionary new decentralized exchange. TMS Network (TMSN) brings a plethora of asset classes on-chain, available to trade in a non-custodial and transparent, fraud-free environment. Included on the platform are stocks, crypto, FOREX, and CFDs. Traders from many backgrounds, at all experience levels, will find value trading on the TMS Network (TMSN) platform.
In terms of token utility, TMS Network (TMSN) holders receive a share in the commission fees generated by the protocol. Additionally, TMS Network (TMSN) token holders can leverage extra tools to supplement the core platform. On-chain data, customizable trading bots, social trading, and an in-house research station are all available to aid TMS Network (TMSN) token holders in finding an edge in the market.
Cardano (ADA)
One of the earliest altcoins, Cardano (ADA) has seen steady development this year. The Voltaire Upgrade due for release later this year will change the way the treasury and the DAO operates. Through the Voltaire Upgrade, Cardano (ADA) will be one step closer to full decentralization. Cardano (ADA) has one of the longest histories in the crypto market. But, development has been slow.
Launched in 2015, long before other projects like Solana (SOL), Cardano (ADA) has had a huge head start. But there is still no fully functioning DeFi economy. This has raised questions surrounding the Cardano (ADA) development process. Cardano (ADA) is being developed by academics, with a strong focus on perfection. However, with newer and faster chains launching every year, Cardano (ADA) must accelerate the pace of development or it will continue to fall behind.
Arbitrum (ARB)
Towards the end of March, one of the largest Ethereum Layer-2 (L2) protocols, Arbitrum (ARB), airdropped their token in a successful launch. Arbitrum (ARB) has been the talk of the town for the last few weeks. Many investors received thousands of dollars worth of Arbitrum (ARB) tokens. Yet, the launch was not without controversy.
It was found that the Arbitrum Foundation, creators of Arbitrum (ARB), sold ARB tokens prior to an on-chain DAO vote. This is in direct contradiction to the supposedly decentralized and democratic nature of the Arbitrum (ARB) ecosystem. It was explained that the on-chain vote was merely a ratification of a decision made before the Arbitrum (ARB) DAO was established.
Still, for many it feels like they have been dumped on by the Arbitrum (ARB) creators.
Conclusion
Despite the issues with Binance, development of blockchain continues unphased. Yet, with the slow pace of development on Cardano (ADA), and Arbitrum (ARB) decentralization being brought into question, TMS Network (TMSN) offers investors a fresh opportunity. Since preseed, TMS Network (TMSN) is up over 1400%. Investors have clearly taken note of the utility the TMS Network (TMSN) token offers, and the innovation behind the platform.
Click here for more information about TMS Network (TMSN):
Presale: https://presale.tmsnetwork.io
Whitepaper: https://tmsnetwork.io/whitepaper.pdf
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Discord: https://discord.gg/njA95e7au6
Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.