TMS Network, a decentralized finance platform, has successfully completed the presale round of its native token, TMN, over both Cosmos and Tron blockchain networks. The presale round saw an overwhelming demand for TMN, highlighting the growing interest in DeFi projects. TMS Network’s innovative approach to DeFi, providing users with a complete suite of financial products, including staking, lending, and borrowing, has also contributed to its success. Following the presale round, TMS Network aims to launch the TMN token on major exchanges to increase its adoption and reach a wider audience globally. With the growing popularity of DeFi, TMS Network is poised to become a leading player in the space, providing users with a seamless and secure DeFi experience.
The crypto market has gone through a rollercoaster ride in recent years, but with 2022 behind us, things are finally looking up. Since the start of 2023, Bitcoin has seen a surge of over 60% gains, increasing optimism among investors that a new bull market could be on the horizon. However, it’s not just Bitcoin that investors are turning to; altcoins like Cosmos (ATOM) and Tron (TRX) are also making waves. Meanwhile, TMS Network (TMSN) has emerged as a new investment prospect in the crypto space, raising over $2 million in pre-sale and catching the eye of market participants.
Cosmos (ATOM) is a project that seeks to address a unique problem in the crypto world – the lack of direct communication between hundreds, or even thousands, of blockchains. Cosmos offers a solution to this by enabling blockchains to transfer tokens, send messages, and interact with each other. While this concept is not new, Cosmos (ATOM) is viewed as one of the more promising solutions. The Cosmos ecosystem is vast, representing an “internet of blockchains.” However, there is a significant tokenomics issue hampering ATOM’s growth in the market. The ATOM token suffers from high inflation, which creates constant selling pressure as users receive high staking rewards and sell them, pushing the ATOM price down. Though there are remedies suggested to tackle this issue, none have passed DAO vote to date. The Cosmos (ATOM) ecosystem needs to address this issue to stay competitive in the crypto market.
Tron (TRX) is another project that has attracted attention, but not always for the right reasons. Justin Sun, the creator of the Tron network, faces allegations of illegally promoting TRX after the US Securities & Exchange Commission (SEC) filed a suit against him. Tron (TRX) debuted in 2017 despite China’s ban on ICOs, which led to controversies dogging the project. However, in a fast-moving market, projects like Tron (TRX) risk falling into irrelevance with the emergence of newer projects such as TMS Network (TMSN).
TMS Network (TMSN), which leverages the security of Ethereum, has emerged as a new player in the crypto space. It offers an expansive product range that covers various tradable asset classes such as stocks, FOREX, crypto, and CFDs, all on-chain and in a fully self-custodial environment. TMSN token holders receive exclusive access to trading tools such as fully customizable trading bots, social trading, an in-house research station, and live on-chain data. Furthermore, TMSN holders are entitled to share in the commission fees generated by the protocol. The ongoing TMS Network presale has been highly successful, raising over $2 million in phase one, and is up over 1400% since the preseed round. With growing interest and demand for its product, TMS Network seems to be on track to capture the attention of savvy investors.
To learn more about TMS Network, click on the following links:
– 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