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Is cheqd the Most Promising New Infrastructure Altcoin?
- Cheqd ($CHEQ) is a decentralized project focused on identity and data control through self-sovereign IDs.
- Peaq is the DePIN or DePINs, building the infrastructure that other DePIN projects need and are creating the 'Economy of Things'.
- Pyth ($PYTH) is building a truly decentralized oracle specifically for financial information that traders rely upon.
- Cheqd believes that right now is the time to push for blockchain technologies allowing for data control and ownership in a decentralized way.
- Fraser Edwards talked about the promising prospects of decentralized credentials to provide self-sovereign IDs.
- AI with decentralized IDs and credentials, as called Verified AI by Fraser Edwards is becoming more tangible in content and verifying real content from fake content.
- With Peaq, they want to use technology to cut intermediaries and promote peer to peer dealings and transactions. The company aims to provide a better way of payment when charging electric vehicles.
- Cross-chain adoption needs to be better and more seamless to increase blockchain usage.
- Pyth is building a financial decentralised oracle to be used in RWA trading and tokenizing assets.
- The $CHEQ token is available on both CEX and DEX options. The $PEAQ token TGE is coming soon, while Pyth’s native token $PYTH is currently built on Solana.
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