What are the Advantages of FUNGRAM when Compared to ETH2.0 Staking?
Ethereum 2.0 is expected to be launched in early December, but so far, only 20.5% of the required ETH has been staked, indicating that the upgrade will not proceed as scheduled.
To launch Ethereum 2.0 — an upcoming upgrade to the Ethereum platform — a sufficient number of validators need to stake a specified amount of ETH, which will be locked in exchange for future rewards. Ethereum 2.0 will increase Ethereum’s scalability far beyond current levels. So, why haven’t Ethereum investors been more enthusiastic in staking the requisite ETH to become validators? The reason quite simply is that it is too complicated for many users.
The first is the technical threshold and hardware requirements for running nodes, since it is not only necessary to purchase well-configured machines to maintain operational performance, but also several operation and maintenance tools are required to protect validation nodes against any abnormality. At the current stage, although the penalty standard of Ethereum 2.0 is relatively low, ordinary participants have neither the willingness nor the ability to handle this risk.
The second is the funding threshold due to the need for a validator to stake 32 ETH. Furthermore, the staked ETH will continue to be locked up, together with the potential benefits obtained, and will not be unfrozen until the second phase (or Phase 1.5) of Ethereum. Calculated based on the current ETH price of 500 USDT, locking up 16,000 USDT value for 2 years is a big deterrent for ordinary token holders.
Regardless of whether it is ETH1.0 or ETH2.0, becoming a validator through self-built nodes is attractive only to a few hardcore players, however, most people obviously need a better option.
In contrast, FUNGRAM provides an inclusive financial model that is more in line with Satoshi Nakamoto’s one-CPU-one-vote concept, that is, the USDT GAME, which has been launched in 11 phases and recognized by investors.
From the perspective of the access threshold, the works designed by FUNGRAM are not just appreciated by the wealthy. The platform will regularly publish USDT announcements, and announce the quota for each round of the game and the minimum and maximum participation quotas, for example, USDT 200–400, and everyone can participate without any large capital investments and complicated technical support. This is more in line with the concept and spirit of blockchain decentralization. After all, the USDT GAME is not a “game for the wealthy” under the POS consensus mechanism.
In terms of return on investment, we cannot guarantee that the income from the USDT GAME will be greater than that of ETH2.0 staking, but we’d rather strive to make ordinary participants truly experience returns on their cryptocurrency investment through some humanized scientific mechanisms and anticipated positive incentive design.
First of all, FUNGRAM follows the investment law of compound interest, and as a value investment game, definitely maintains a spiraling growth in the future investment income. The quota of the game each phase is increased by 130%, so the reward for each participant is proportional to the quota when the game is successful.
We are also different compared to the lock-up of ETH 2.0 for more than one year. When the platform N+3 crowdfunding game is successful, both the static and dynamic commission of the Nth crowdfunding amount will be issued to users, that is, those participating in the first phase can withdraw in the fourth phase, those participating in the second phase can withdraw in the fifth phase, those participating in the third phase can withdraw in the sixth phase, and so on. This investment model will better meet the timely investment realization needs of most cryptocurrency investors since the time required for three phases of the game generally does not exceed 20 calendar days.
Finally, FUNGRAM has a very user-friendly mechanism that caters to the income goals of all investors. In case the crowdfunding fails to reach the goal, all the assets in the last phase will be automatically and completely returned to the respective participant’s wallet, and participants in the three phases preceding the last phase may suffer a loss of 25%-35%, but those who lose money have the priority to lower the target and start a new round. This is a revolutionary “restart” to stop loss.
The pursuit of high returns with predictable risks is the charm of FUNGRAM value investment. Ethereum 2.0 and other investment hotspots are neither superior nor inferior to each other, we don’t want to be the next someone or another substitute, we are a unique platform that is very friendly to cryptocurrency enthusiasts and investors.
