PersistenceOne : The Journey So Far by samest

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hive-167922 · @samest · Jan 9 '22

$14.60

PersistenceOne : The Journey So Far

The internet of blockchains (Cosmos) came into being in 2019 with its utility token $ATOM which has zoomed to about 1,200% in less than 3 years, even with the crypto weakness in price action at the moment, $ATOM hit $43.5 with an attempt to break previous highs to activate the new peaks.
In case you are new to Cosmos Network, it's known for its functionality to connect blockchains to reduce the complexity of the blockchain technology which provides a seamless environment for developers. The interoperability function is one of the main terms to be considered when trying to get new investors into the space and this is what the Cosmos ecosystem has been able to achieve within a short period of its existence in the space.

![Blue Black Professiona Intelligent Technology Presentation.png](https://images.hive.blog/DQmPtYbAcHWMYLt6tJxgPh2DSWgHvLKsKTvt9inuFrxoF6Y/Blue%20Black%20Professiona%20Intelligent%20Technology%20Presentation.png)

#### PersistenceOne Journey So Far
With a flash, let's see through how Persistence started. 
The experience people have recorded when transacting from one country to another in terms of delay, cost, and other factors brought in a decentralized system that cut off third parties transactions for easy, fast and low cost in transaction fees. Persistence has been one of Cosmos ecosystems since 2019 to facilitate a seamless exchange of value around the world to increase the speed and efficiency of cross-border trade and financing to close the 1.6 Trillion financing gap. According to its mission statement on the WP.

It is certain, a project with this mission statement must be able to release multiple ways/products that will serve as solutions to the global financial problems in terms of transactions.

The year 2021, was amazing in the camp of Persistence has the launch of its mainnet, activated multiple streams of generating passive income which connects to different blockchains since Persistence is known as an interoperable protocol built on Cosmos Network. We can't miss the utility token for the protocol $XPRT, knowing that every blockchain is been fueled by the protocol token. 

$XPRT serves three functions which are:
- Work Token
- Staking Token
- Governance Token


These three roles command rewards as the holders ($XPRT) understand its importance and apply it accordingly. [Read more about This](https://persistence.one/xprttoken)

#### Products In The Camp Of Persistence 
As decentralized finance is a solution that allows users to take advantage of lower transaction rates, and also an opportunity to diversify investments, [pStake Finance](https://pstake.finance) built on Persistence protocol connect with the user on Ethereum blockchain to unlock their liquidity and activate dual rewards passively. November/December usher in $PSTAKE token for the DApp which was launched on CoinList, expect the listing on the exchange soon.....
Persistence SDK is what [Comdex](https://comdex.one), the synthetic protocol uses to democratize finance and bridge DeFi and CeFi. 
 
As NFTs is booming, not too sure I'm aware of any on Cosmos network but Asset Mantle a product under Persistence is making its recent public debut alongside the launch of its testnet and already welcoming creators to submit their stores and NFT Collections. [Apply here](https://docs.google.com/forms/d/e/1FAIpQLSdPgt8o5-kNdI4rcu3muaRi15Me6lUAGks6nA6dhmH1ivDPJg/viewform) and check the [Website](https://assetmantle.one/).

Things To Take Note
- Persistence ecosystems have 4 tokens on its ecosystem: $XPRT, $CMDX, $PSTAKE, & $stkToken
- Persistence owns [web wallet](https://wallet.persistence.one) and can be imported on Kepler wallet 
- Persistence has 84.46% of its token in supply bonded
- Persistence has three products the user can leverage as a crypto lover: pStake, Comdex, & Asset Mantle. 
- Persistence utility tokens ($XPRT) can be purchased on 4 centralized exchanges (Kucoin, Huobi, gate.io & AscendEx) and 3 decentralized exchanges (OsmosisZone, Emeris, Sifchain).

### [Read the rise of Persistence ecosystem in 2021](https://medium.com/persistence-blog/2021-the-rise-of-the-persistence-ecosystem-ead7e9139434)


Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@samest/persistenceone-the-journey-so-far)

👍 leo.voter, ecency, brotherhood, communitybank, beta500, leofinance, eternalsuccess, firstamendment, crimsonclad, followbtcnews, uwelang, justtryme90, technologix, mmmmkkkk311, bartosz546, nonsowrites, ew-and-patterns, sbi6, mammasitta, simba, jigstrike, roleerob, samest, megavest, lefty619, filosof103, ctime, iliyan90, good-karma, mowemu, bigdizzle91, steemegg, steemitboard, eythorphoto, battebilly, tomatom, blarchive, dashfit, peterpanpan, gadrian, cielitorojo, hardaeborla, tezzmax, nanggroe1, benie111, randomblock1, xanderslee, kdee916, joshglen, netzisde, b0s, sixexgames, yestermorrow, ilovegames, coinlogic.online, esteemapp, admiralsp, eprolific, michelmake, seckorama, ississ89, reggaesteem, swirly, babytarazkp, and 135 others

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@crypticubaid · Jan 13 '22

$0.03

This is really a quick and encompassing overview of cosmos ecosystem, I just feel persistence too should build to become something individual because it has about 3 utilities within it. 

I've seen tremendous growth within the cosmos ecosystem as I hold some tokens of project built on their ecosystem. And the boom is no joke.

I keep wondering how $ATOM of cosmos spiked to about $42 and more during this dip, only product with great utility and strong ecosystem does that I must commend.

This is a good place to be.💪💪💪

👍 samest

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@crypto4love · Jan 10 '22

$0.03

This is huge and lovely information that can help many getting into crypto this year.

Thank you for sharing sir

👍 samest, crypticubaid

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@ecency · Jan 9 '22

**Yay!** 🤗<br>Your content has been **boosted with Ecency Points**, by @samest. <br>Use Ecency daily to boost your growth on platform! <br><br><b>Support Ecency</b><br>[Vote for new Proposal](https://hivesigner.com/sign/update-proposal-votes?proposal_ids=%5B197%5D&approve=true)<br>[Delegate HP and earn more](https://ecency.com/hive-125125/@ecency/daily-100-curation-rewards)

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@joseph23 · Jan 11 '22

$0.03

$stkToken seems to be a new token in the persistence. 
The persistence ecosystem is growing gradually. They seem to be focussed more on building products than price of their token.

👍 samest, crypticubaid

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@oluwasamlex1 · Jan 11 '22

$0.03

Indeed the #cosmos ecosystem is an umbrella system... Giving much leveraging opportunity to both investors and project..
#persistence network on the other hand has a tantrous growth tide around it's utility, making it intrestic for intend enthusiast to benefits... 
Not missing anything out because more is sure to unfold on the cosmos ecosystem which positioning is the key to benefiting

👍 samest, crypticubaid

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@poshtoken · Jan 11 '22

https://twitter.com/olapadesam00/status/1480705650359427074
<sub> The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.</sub>

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