โ›“๏ธMultiple Blockchains

EverEarn currently exists on the BNB (Binance Smart Chain) and ETH (Ethereum Mainnet) blockchains, and will soon also exist on the POLY (Polygon Mainnet) blockchain.

Why Multiple Blockchains?

The moment crypto holders hear that their cryptocurrency is expanding to additional blockchains, many become concerned...and for good reason. Within the lowcap market space, its common for projects to expand to additional blockchains simply because what they are doing isn't working, they've often thrown a bunch of ideas up that didn't stick (failed to gain traction), and like launching a new 'utility token', there isn't actually any purpose for it, but they don't know what else to do. Thus rightfully, when the news of expansion to an additional blockchain comes up, users often wonder; Why are we expanding to more blockchains? Is the blockchain I'm on being abandoned? How will additional blockchains benefit me directly, as well as other holders? Instead of using the money needed to get on additional blockchains, why donโ€™t we just put that into marketing, advertising and development for the current blockchain? All really great and reasonable questions, as well as questions that all crypto-enthusiast should expect that the team can easily answer.

Eliminates Single Point of Failure

Existing on one blockchain makes the project completely reliant upon what happens within that one environment; itโ€™s a single point of failure. Downtrends in the market, negative catalysts within the blockchain, threat actors, exchange scandals, and native coin instability, just to mention a few, are all examples of negative pressure that can be limited to a small number, and / or even a single blockchain. If you crypto only exists on a blockchain where the primary stablecoin has suddenly destabilized, or company responsible for the operation of the blockchain has suddenly become embroiled in scandal or public uncertainty, these external events can result in the demise of your project as users flee to pull out. Everearn existing across more than one blockchain, ensures there is additional layers of insulation for the project as whole, against negative single blockchain events. Whether that insulation means a lessened impact overall, or it means your project continues to exist while others are forced to shutdown.

Greater Potential Success & Stability

Holders of EverEarn on any blockchain (upon which EverEarn exists), directly benefit from EverEarn being on multiple blockchains, because being on multiple blockchains ensures the greatest chance of long-term success. Being on multiple blockchains provides the greatest access to the greatest amount of possible new 'customers'. It eliminates blockchain single points of failure. Marketing a development costs decrease per blockchain, as the costs are spread across multiple blockchains. Even something as simple as minimal trading transaction volume on multiple blockchains, is still exponentially better than from a single blockchain. Thus launching onto multiple blockchains is a foundational move for EverEarn. If the markets enter a period or prolonged suppression (such as a recession or depression), EverEarn wants to ensure it can continue to ride through the storm, and not end up alongside the thousands of crypto projects that collapse within the first year.

Blockchain Launches Raise Own Funding

The funding needed to launch on additional blockchains, is raised through private whitelist presales, and public whitelist presales, specific to the blockchain launch in question. Funding is not being siphoned away from existing tokens on existing blockchains. Keep in mind to, as mentioned above earlier, most crypto users stick to the one or two blockchains they already know. Most are not going out and getting onto multiple blockchains, therefore if a cryptocurrency isn't offered on the blockchain they are on, they most likely never look at it. Thus new users entering into the presales of the new blockchain is not taking possible funding away from the existing blockchain, as those on the new blockchain haven't been involved in the token on the existing blockchain, because it wasn't available to them previously.

Crypto Takes Money to Make Money

Crypto projects, like any brick-and-mortar business, do need money in order to operate; advertising, marketing, development, partnershipsโ€ฆthese all require moneyโ€ฆand existing on multiple blockchains provides the opportunity to gain greater access to more holders and therefore more opprotunity, for less effort, and less cost. The cost of advertising EverEarn doesnโ€™t go up just because weโ€™re on multiple blockchains, and therefore we get 2, 3, 4 or more times the value for the same cost. The similar applies to development; yes, the cost does increase to develop for multiple blockchains, but the cost donโ€™t double or tripleโ€ฆit goes up marginally, similar to how buying in bulk from the grocery store doesn't double or triple the price for each individual item. Therefore development costs less overall, and more development can be afforded.

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