Ethereum

Franklin

Cardano

when

Avalanche

Avalanche (AVAX) has become home to Franklin Templeton’s money market fund via a recent blockchain-centered integration. Also, Cardano (ADA) has deferred the long-awaited Chang hard fork due to slow pacing from centralized exchanges.&nbsp;
Due to the discouraging reactions from AVAX and ADA amid these developments, investors are flocking toward<a href="https://rcofinance.com/?utm_source=thecoinrepublic&amp;utm_medium=ba&amp;utm_campaign=0828" target="_blank" rel="noopener noreferrer nofollow"> RCO Finance (RCOF)</a> for greener pastures.
Let’s find out what makes RCOF a pleasant alternative.
<h2 class="wp-block-heading" id="h-franklin-templeton-launches-blockchain-fund-on-avalanche">Franklin Templeton Launches Blockchain Fund on Avalanche</h2>
On August 24, 2024, asset manager Franklin Templeton strategically launched the premier on-chain United States Government Money Fund on the Avalanche blockchain. This money market fund is the “first of its kind” on Avalanche, according to the AVAX team.&nbsp;
With the recent integration into Avalanche, institutional investors can now access Benji Investments, Franklin Templeton’s blockchain-based storage.
The decision to leverage Avalanche stems from a digital asset initiative dating back to 2018. John Wu, the President of AVA Labs, expressed excitement about the fund finally launching on Avalanche during an interview session. He described the event as a “foundational piece” while explaining its significance to the blockchain network.
Meanwhile, AVAX’s reaction to the report has faced criticism. The asset moved 1.67% to $27.08 in the last 24 hours since the news broke, which was supposedly below expectation. However, another cryptocurrency from the Ethereum network has caught the attention of AVAX investors.
<h2 class="wp-block-heading" id="h-cardano-founder-postpones-hardfork-here-s-why">Cardano Founder Postpones Hardfork: Here’s Why</h2>
According to a recent update, the imminent Chang hard fork set on Cardano has postponed to a new date. Cardano founder Charles Hoskinson confirmed the defer in a tweet on August 23. He noted that certain centralized exchanges like Binance need more time to get their affairs in order before the upgrade.
The Chang hard fork can usher Cardano into the Voltaire era, an eon of complete decentralization in which decisions apropos to the protocol will take place through general voting.&nbsp;
Initially, the upgrade was scheduled for August 27, with final go/no-go decisions to be made on August 23. The date has, however, been shifted to September 1, giving the remaining exchanges enough time to hop aboard.
Charles Hoskinson asserted that nothing would hinder the upgrade from happening, likening it to a rocket yet to take off. Following the news, ADA only <a href="https://coinmarketcap.com/currencies/cardano/" target="_blank" rel="noopener noreferrer nofollow">rose</a> 0.83% to $0.393. As a result of the sliver surge, ADA investors are migrating to RCOF’s presale for more gains.
<h2 class="wp-block-heading" id="h-rco-finance-s-bullish-outlook-stems-from-its-robo-advisor">RCO Finance’s Bullish Outlook Stems from Its Robo Advisor</h2>
AVAX and ADA investors are leaning towards RCOF due to the bullish outlook of the Ethereum project. This bullishness stems from its robo-advisor pulling many users to the platform through its incredible features.&nbsp;
The robo advisor is a self-operating tool powered by artificial intelligence technology and machine learning programs designed to render automated investment services to users.
It offers personalized algorithmic investment strategies that align with each investor’s financial goals, needs and risk tolerance. Moreover, its machine-learning programming enables it to discern them.&nbsp;
It also helps navigate the 120,000 digital assets available on RCO Finance. It points out the most lucrative ones using its analytic ability. Users can then build a diversified portfolio based on its recommendations to boost profit.
<a href="https://rcofinance.com/?utm_source=thecoinrepublic&amp;utm_medium=ba&amp;utm_campaign=0828" target="_blank" rel="noopener noreferrer nofollow">RCO Finance </a>is the best platform to stake assets for high ROI and rewards, trade multitudinous assets with cryptocurrencies to avoid fiat conversion, collect low-interest loans, and trade without undergoing KYC. The platform integrated Fireblocks to enhance security and went through a smart contract <a href="https://github.com/solidproof/projects/tree/main/2024/RCO%20Finance" target="_blank" rel="noopener noreferrer nofollow">audit</a> by SolidProof to detect lurking vulnerabilities. It will also operate according to the European Union’s Market In Crypto-Asset (MiCA) regulatory provisions.
<h2 class="wp-block-heading" id="h-rcof-s-unveils-solid-tokenomics-utility-and-presale">RCOF’s Unveils Solid Tokenomics, Utility, and Presale</h2>
The platform thrives on a strong tokenomics system in which its native token is carefully distributed to ensure smooth and seamless running. RCOF has a circulating supply of 800 million tokens. Of these, 50% has been allocated for presale, 10% for protocol management, and 12% for liquidity, which will be locked away for three years.
As the governance token of RCO Finance, holding RCOF will offer each holder a voice in the administration of the ecosystem.&nbsp;
The holder will also receive designated rewards such as quarterly dividends, tier-based rewards, airdrop access, and priority customer support. The tiered reward will be distributed to investors holding $50,000 or more RCOF tokens.
RCOF is in Stage 2 of its presale, trading at $0.0343. Investors can buy the token at a 50% discount and realize up to 1,000% ROI when it hits its launch price of $0.4. It means that $10,000 invested in RCOF can yield $100,000 in the next few weeks.
<h4 class="wp-block-heading" id="h-for-more-information-about-the-rco-finance-presale">For more information about the RCO Finance Presale:</h4>
<a href="https://rcofinance.com/?utm_source=thecoinrepublic&amp;utm_medium=ba&amp;utm_campaign=0828" target="_blank" rel="noopener noreferrer nofollow">Visit RCO Finance Presale</a>
<a href="https://linktr.ee/rcofinance" target="_blank" rel="noopener noreferrer nofollow">Join The RCO Finance Community</a>
The post <a href="https://www.thecoinrepublic.com/2024/08/28/avax-and-ada-traders-disappointment-grow-they-look-interested-in-rco-finance/" rel="noopener noreferrer nofollow">AVAX and ADA Traders’ Disappointment Grow, They Look Interested in RCO Finance</a> appeared first on <a href="https://www.thecoinrepublic.com" rel="noopener noreferrer nofollow">The Coin Republic</a>.

AVAX and ADA Traders’ Disappointment Grow, They Look Interested in RCO Finance

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