Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
Dapps or Decentralized Applications has become a buzzword in the crypto-world over the past 3 years. For the uninitiated, the term dApp refers to a blockchain-based application that runs on a decentralized network and uses its resources. Decentralized apps normally have no central point of failure, have open source code and work with a decentralized consensus mechanism. The downtime of these decentralized apps is also eliminated. They are resistant to interference by individuals, corporations or governments because they do not have any central authority.
Recently, ROI Dapps have been gaining investor attention. These types of dApps promise a return on investment which the user can withdraw at any time from the smart contract. ROI Dapps have been gaining in popularity, with the AvalancheFomo project being one of them.
AvalancheFomo is a hybrid ROI DApp project that is built on the Avalanche Network. The developers behind the project chose the Avalanche network for its larger audience, cheaper transaction fee and matured investors. As ROI Dapps are normally a high-risk investment, choosing Avalanche’s community-driven network will be beneficial for investors.
The main aim behind this project is to ensure investors get financial and time freedom without the hindrance created by the current economic crisis. By tapping into the bear cryptocurrency market, AvalancheFomo is well-positioned to become one of the most sought-after ROI Dapps in the world.
The Avalanchefomo ROI dApp has a lot of salient features that differentiate it from other normal ROI Dapps. These include the following.
§ Investors can deposit any amount above
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