Amidst Proposed “Green” BTC Mining; Solana, Cardano and KangaMoon Maintain Low-Carbon Emission
There have been growing concerns around green energy in Bitcoin mining, according to certain reports. This concern stems from the substantial carbon emissions associated with the proof-of-work (PoW) architecture of Bitcoin which is estimated at around 85M of carbon dioxide each year. With the purpose of solving this, a partnership between PayPal's blockchain research group, Energy Web, and DMG Blockchain Solutions have been established. They plan to incentivize miners to use low-carbon energy sources through crypto economic rewards. In contrast to this, there are top altcoins that naturally maintain low-carbon emission. They include Solana (SOL), Cardano (ADA) and KangaMoon (KANG).
KangaMoon (KANG) Is An ERC-20 Token That Will Eventually Rank Investors List This Year
Already being seen as one of the hottest presale tokens on the market, KangaMoon (KANG) is potentially going to hit the DeFi and gaming market as one of the most utility-packed meme coins with glimmering potential. Over the course of its presale phase spanning three months and counting, KangaMoon has been able to raise over $6.5 million in presale revenue with the token going up to $0.025 from an initial $0.005.
Although KangaMoon is holding an impressive amount of over 23,000 community members consisting of 6,000 plus $KANG holders, the platform has recently partnered with RaidShark to further boost engagement and garner more members. Besides, KangaMoon is also rewarding its members with KANG tokens as they share and comment on its social media posts in what appears to be part of its SocialFi strategy.
The claim that KangaMoon is going to rank on investors list this year is very plausible and might happen sooner and more significantly than we expect. Due it’s entertaining GameFi model which draws substantial attention from the P2E market, KangaMoon might as well rank amongst the best P2E tokens in the altcoin market.
With a chance to bet on battle outcomes and claim rare NFTs, KangaMoon’s battle mode game comes with most perks that would keep users engaged and loyal. Projected to reach $1 by the end of the year, the native KANG token is no doubt on track to increase the profit of token holders beyond the 400% ROI it has already awarded early buyers.
Solana (SOL) Tops Many Others in The Altcoin Market For Low-Carbon Emission
Asides its super reliable price performance and market dominance, Solana (SOL) coin is also a cryptocurrency that uses an innovative consensus mechanism called Proof-of-History (PoH). This unique architecture ensures quick transaction validations while minimizing energy consumption.
With each Solana coin transaction using only 719 kilojoules (kJ), Solana emits less carbon than a single Google search. This makes it a relevant “green” crypto that would command relevance years to come. Additionally, Solana has also partnered with renewable energy providers and carbon offset programs to further reduce its carbon footprint. Ultimately $SOL should be among your top altcoins to invest in.
Cardano (ADA) Runs A Proof-of-Stake Mechanism That Naturally Reduces Carbon Emission
Cardano (ADA) token is a cryptocurrency led by Ethereum's co-founder Charles Hoskinson, who is a pioneer in low-carbon emissions thanks to its innovative Ouroboros protocol. This protocol is the first blockchain consensus mechanism that has been reviewed and verified by peers to be secure. While it runs on the Proof-of-Stake (PoS) model, this protocol also minimizes energy use by choosing validators based on the number of Cardano tokens staked.
This approach reduces energy consumption significantly while still ensuring security and decentralization. Analysts have estimated that Cardano is over 47,000 times more energy-efficient than Bitcoin. Moreover, the dedication of Cardano network to sustainability can be seen through its active participation in environmental research and partnerships.
Can KangaMoon Raise More Play-to-Earn Investors Than Meme Coin Investors?
As it stands, KangaMoon will potentially raise more investors from the play-to-earn market due to its engaging and entertaining gameplay where KANG avatars or characters can be upgraded to achieve heightened immersiveness.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
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