What is DripXChange and how is it different from other coins?
Depicted as “Ethereum’s internet of blockchains,” Polygon is emerging as a practical option for new exceptional projects. It has gained popularity because of the great throughput and low gas expenses experienced by clients and developers on its platform. Polygon began as MATIC, a profoundly effective scalability solution created for the Ethereum network. As a result of its growing prominence, MATIC is experiencing a surge in the number of alt-coin projects based on its platform. One such project is DripXChange.
Originally launched on the BSC network to an overwhelming response (over $7 million market cap in less than 1 week), the rebranded “DripXChange” offers its users (and the general public) a unique assortment of benefits. With the help of its large, global community, the venture seeks to bridge the nascent world of cryptocurrency and the fashion industry. Perhaps the most distinctive feature of the coin is its use-case. In the ever-growing alt-coin market, DripXChange derives its distinctiveness from its modern web-shop.
The webshop, clothing line and contributions to sustainability
The purpose of the webshop is to facilitate the use of cryptocurrency in fashion-oriented environments. Users can access the webshop on multiple platforms and purchase a wide assortment of products. In addition to third-party brands, DripXChange also offers its own merchandise (visit the fully operational website to experience it first hand!). The idea behind the establishment of a clothing line is to offer clients a tangible benefit of joining the community. Furthermore, a legitimate corporate venture strengthens the credibility of the brand and mitigates (to a very large extent) the threat of investor skepticism (which arises due to fraudulent activities (rugs) on several blockchains). Another key component of the webshop is its support of sustainability. DripXChange also allows users to buy and resell old clothes. In addition to the aforementioned commercial features, the “re-sale” marketplace also connects the brand to the circular economy. To make the “circular economy” a reality would require a few different measures (on a global scale), but a critical one would be the ability to elongate the usage of old fabrics to reduce waste. The developers of DripXChange strongly believe that the future of cryptocurrency depends on the transformation of activities that currently harm the environment. The provision of a sustainable marketplace is perhaps the best way to begin!
What does the future have in store?
After a successful launch on the MATIC network last week, DripXChange is currently hovering around a $150,000 market-cap and welcoming investors who support the long-term vision of the brand. Over the next few months, the webshop will be subjected to extensive modifications so that consumers can make crypto-payments and receive membership benefits as smoothly as possible. Q4 will also see the expansion of the brand’s merchandise and more focus on the re-sale marketplace. Investors will continue to receive a range of benefits, including daily MATIC cash rewards and periodic airdrops. In short, this is only the beginning! A great time to join the ever-growing community!