Main navigation

Plona (PLON) Launches a Potential Alternative for Avalanche (AVAX) and Cosmos (ATOM) in 2023

Wed, 11/30/2022 - 11:43
article image
Guest Author
Plona (PLON) attracts liquidity from major DeFi cryptocurrencies
Plona (PLON) Launches a Potential Alternative for Avalanche (AVAX) and Cosmos (ATOM) in 2023
Cover image via

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

Plona (PLON) is a soon-to-be-launched cryptocurrency coming for the likes of Avalanche Network (AVAX) and Cosmos (ATOM). Plona is targeting car lovers in the blockchain industry in a novel way.

Plona (PLON) launches as novel product in crypto

Plona (PLON) was developed by a team of blockchain experts who are fascinated with exotic cars and want to give people in the crypto market a way to own a fraction of their favourite premium cars that they otherwise couldn’t get their hands on. Plona (PLON) is an Ethereum-based (ETH) non-fungible token (NFT) collection that will allow Plona (PLON) token holders to earn more tokens by holding their Plona (PLON) coins in their wallets. They can then benefit from a 2.5% transaction fee on all network transactions.


However, that’s not all. Plona's lending facility will allow Plona (PLON) token holders in the community to borrow against their physical luxury cars or their NFTs on the Ethereum (ETH) blockchain. Plona (PLON) phase one presale has started, and Investors can now buy one Plona (PLON) token for $0.012, and for $29, they can own a fraction of some of the world's most exotic cars.

Cosmos (ATOM) investors are waiting for network updates

With Cosmos (ATOM), users in the community know they will always have a say on what happens on the platform. Fortunately for Cosmos token (ATOM) holders, the creators of Cosmos designed the token to be a governance token, where owners of Cosmos (ATOM) tokens can vote on the direction the project should take. Cosmos (ATOM) tokens are the coins used on the Cosmos (ATOM) platform, safeguarding the Cosmos Hub blockchain by creating new tokens through staking.

Currently, Cosmos (ATOM) is in the top 25 cryptocurrencies in the world, worth $11.67 for one ATOM token.

Avalanche (AVAX) ready for major breakthrough

Avalanche (AVAX) Network, launched in 2020, is an established blockchain platform that is smart contract-capable and designed by Ava Labs. The developers of Avalanche (AVAS) aim to keep the Avalanche (AVAX) token decentralised and secure while trying to create a scalable blockchain solution for their community. They intend to focus on fast transaction speeds, lower costs, and eco-friendliness - aiming to be the fastest smart-contract platform in the world.

It is no surprise that Plona's (PLON) platform will also include smart contracts Avalanche (AVAX) is currently worth $15.76 after a 1.90% drop in its market value.

Visit the following links to learn more about Plona (PLON) and join the presale:





article image
About the author

A guest author represents the interests of the company he or she is promoting in his or her articles and is not part of U.Today’s editorial staff.
U.Today is not responsible for articles published by guest authors.
The opinions expressed in articles by guest authors do not necessarily reflect the views of U.Today.
The content published by guest authors is not investment advice.