In this article, we will see why Filecoin’s (FIL) FVM and Arweave’s (AR) 2.6 launch are unable to bring in investors as they rush toward TMS Network’s (TMSN) presale.
Filecoin’s (FIL) FVM has been unsuccessful in garnering investor interest
The Filecoin (FIL) community is delighted to declare the triumphant debut of the Filecoin Virtual Machine (FVM). With the inclusion of smart contracts and user programmability through the FVM, as of epoch 2,683,348 (or 3.14 PM UTC on March 14), the Filecoin (FIL) blockchain has paved the way for an expansive open data economy.
Similarly, the FVM empowers developers to manage the placement, governance, and monetization of data on open markets according to their desired specifications. With the introduction of the FVM, the final stage of the Filecoin (FIL) Masterplan has commenced, seeking to provide the world’s largest decentralized storage network with the capacity for large-scale computation, and the ability to fuel web-scale applications.
Furthermore, the FVM debut cements Filecoin’s (FIL) status as the preeminent Layer-1 blockchain that facilitates an open data economy. Numerous notable web3 initiatives have disclosed their intentions to leverage, endorse, or fuse with FVM to enhance their offerings.
As of today, the current trading price of Filecoin (FIL) is $6.81, with a trading volume of $988 million over the past 24 hours. Filecoin (FIL) has experienced an 8.64% increase in value during this period.
Arweave’s (AR) 2.6 mainnet launch did not manage to draw in investors
The 2.6 version of Arweave (AR) was launched on the mainnet for the first time this week. While the casual user may not notice any significant changes, the update of Arweave (AR) 2.6 focused more on future-oriented improvements rather than addressing immediate concerns.
A new dynamic pricing system was introduced with Arweave (AR) version 2.6. The Arweave (AR) community has a lot of expectations with Arweave 2.6. As of today, the current trading price of Arweave (AR) is $8.11, with a total trading volume of $48 million over the past 24 hours. However, Arweave (AR) has experienced a decline of 11.16% within this timeframe.
TMS Network’s (TMSN) fascinating features are drawing in more investors
If you are looking for a modernized trading platform, TMS Network (TMSN) is the answer. TMS Network (TMSN) is a cutting-edge decentralized trading platform backed by Ethereum. With a focus on providing a seamless trading experience, TMS Network (TMSN) is a one-stop-shop for all your trading needs. With TMS Network (TMSN), traders no longer need to wait for transaction completion.
TMS Network (TMSN) generates revenue through a small commission charged on each trade. This commission is calculated based on a percentage of the trade volume, and is automatically distributed to TMSN token holders through smart contracts. This revenue-sharing model creates a win-win situation for everyone involved. As TMSN token holders are incentivized to increase trading volume, it results in a virtuous cycle of growth and profitability for the platform.
In an impressive feat, TMS Network (TMSN) has concluded its first presale stage ahead of schedule, managing to raise a whopping $500k in just two weeks.
Conclusion
In summary, Filecoin’s (FIL) FVM and Arweave’s (AR) 2.6 launch have not been able to attract significant investor attention, while TMS Network’s (TMSN) unique revenue-sharing model has generated a lot of excitement among investors, leading to a successful first presale stage.
