Ethereum (ETH) Crypto Review: Blockchain on the Rise

Ethereum (ETH) Crypto Review: Blockchain on the Rise

Ethereum (ETH) Many crypto investors who have spent more than a minute in the crypto world would be aware of the Ethereum project. Since Ether is one of the top three cryptocurrencies by market cap, it enjoys lots of support in the industry. Due to the massive increase of new investors in the last few months, we decided to write an in-depth review on Ethereum considering it’s one of the most promising crypto projects to date.

This review will likely benefit new crypto investors more than seasoned crypto investors who already know of the Ethereum network. In the discussion, I will be covering the investment potential of the Ethereum project. The four key areas I will cover will be the following:

*Introduction- What is Ethereum?
*The Team- Who is behind the Ethereum project?
* Marketing- Are they marketing their brand well?
* Investment Analysis- Is Ethereum a profitable investment?

Ethereum (ETH) Cryptocurrency review: Introduction

So what is Ethereum exactly? Well, Ether is an open-source, public, blockchain-based distributed computing platform that features smart contract (scripting) procedures. Ethereum offers a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can be used to execute scripts that run on a global network of community nodes. Ethereum offers a token named “ether,” which can be transported between accounts and utilized to reimburse nodes for computations processed. “Gas,” an internal transaction pricing mechanism allocates resources on the network and helps reduce spam.

Ethereum was proposed in late 2013 by Vitalik Buterin, a cryptocurrency researcher, and programmer. The Ethereum Development was funded by an online crowdfunding between July and August of 2014.The Ethereum network was then launched on July/2015 with a total of 11.9 million coins “premined” for the crowdsale. This accounted for approx 13 percent of the circulating supply.

In 2016 Ethereum faced a huge setback, as a result of the collapse of The DAO project, Ethereum decided to fork into two separate blockchains – supporters voted on the new more popular forked version that became known as Ethereum (ETH). The original blockchain carried on and is now known as Ethereum Classic (ETC).

The token of the Ethereum blockchain is called Ether. It is a symbol similar to how stocks are listed the code is ETH and is it listed on many cryptocurrency exchanges. The token can be used to pay for transaction fees and computational services that are required to use the Ethereum blockchain.

The Ethereum Virtual Machine (EVM) is the runtime environment for smart contracts in Ethereum. It is sandboxed and isolated from the Ethereum network, filesystem or other processes of the host computer system.Each node in the network runs an EVM implementation and executes similar instructions. Ethereum Virtual Machines have been implemented in C++, Go, Haskell, Java, JavaScript, Python, Ruby, Rust, and web assembly (currently ongoing).

Smart contracts are settled exchange mechanisms that are controlled by digital means and can convey the direct transaction of value between untrusted agents. On the Ethereum platform, smart contracts are placed in the nodes of the blockchain.

Many Use case proposals have begun to take place on the Ethereum network some of these have included financial, the internet-of-things, transparent and fair Casinos, tracking packages, decentralized data storage, etc.

At the time of writing this article, Ethereum holds an impressive market cap valued at approx $59,994,971,550 USD and has a current circulating supply of 96,298,569 ETH tokens.

Ethereum (ETH) Blockchain Review: The Team

In 2008, an unknown developer commonly referred to as Satoshi Nakamoto (or developer groups) created the revolutionary bitcoin as a method to transfer value over the internet.Four years later, a new revolution would begin to take place.

Vitalik Buterin, an ambitious programmer from Toronto, first became interested in Bitcoin in the year of 2011.Vitalik co-founded the online news website Bitcoin Magazine during that same year; he wrote numerous articles in regards to crypto and blockchain technologies. Vitalik then began to code for various crypto companies.

During that time Vitalik started to come up with an idea of a platform that could go beyond the current use cases of Bitcoin. Vitalik released a white paper in 2013 that detailed an alternative platform that could be designed for decentralized applications (DApps). The system Vitalik was describing in his whitepaper would be the birth of the Ethereum network.

Ethereum allows users and developers the ability to create smart contracts, self-enforcing code that can be utilized for a wide range of applications.For his dedication to the Ethereum network, he was nominated and named a 2014 Thiel fellow, a contest that awards participants with a $100,000 cash prize.Once Vitalik unveiled the Ethereum white paper, other developers soon joined and began contributing to the Ethereum network.

Dr. Gavin Wood, one of the Ethereum co-founders, wrote the yellow paper, some Ethereum enthusiasts refer to it as the “technical bible.” The yellow paper covers the technical aspects of the Ethereum virtual machine (EVM) which handles the state of the ledger and processes the smart contracts.

Vitalik and the other co-founders needed to raise funds to launch the Ethereum network, so they began a successful crowdfunding campaign in July 2014.Participants then purchased Ether tokens that function similar to shares in the project.

Assets that were generated from Ethereum’s crowdsale and project development are now under supervision and management by the Ethereum Foundation. The Ethereum foundation is a nonprofit entity based in Switzerland.

Below I have listed some of the current and past team members that were essential to the development of the Ethereum network:

Vitalik Buterin: Is the Creator and co-founder of the Ethereum blockchain. Vitalik is the lead developer that works on cutting-edge developments on the Ethereum Network. Buterin is a general partner at Fenbushi capital.He advises a small number of blockchain companies such as the Kyber network, Augur, WeTrust, Nuco, and Omisego. Vitalik is also one of the three team members that are part of the Ethereum foundation team.

Nick Johnson: Is a Software Engineer that graduated from the University of Canterbury. Nick has played a significant role in developing the Ethereum platform. Past experiences include working with Google, Lumi, and other prominent technology companies.

Jeffrey Wilcke: Is another co-founder of the Ethereum network and lead developer for go-ethereum. Past work experiences include working with StudyFlow and other famous tech organizations. He is one of the three team members that form the Ethereum foundation.

Ming Chan: Is the Chief Executive Director of the Ethereum Foundation. She is one of the three team members that form the Ethereum Foundations team.Past work experiences include working as a consultant at major technology firms. She holds three degrees two being from the prestigious Massachutes Institute of Technology-MIT.

Joseph Lubin: Is a Co-Founder of the Ethereum project Joseph holds a degree in Electrical Engineering and Computer Science from Princeton. He is the founder of ConsenSys a blockchain production studio that is responsible for producing decentralized applications(DApps) on the Ethereum network.

Vlad Zamfir: Is a researcher, analyst that has been working on the Ethereum project for several years now. He is best known for his work and research on proof-of-stake and blockchain sharding technologies. He is a graduate of the University of Guelph that specialized in advanced mathematics.

Gavin Wood: Is a Co-founder of the Ethereum project and former CTO he was the co-designer of the Ethereum protocol. Gavin is the co-founder and director of Parity Technologies. He holds a Ph.D. in music visualization for human-computer interfacing from the University of York. He also serves as an advisor at the following tech firms Orchid Labs and Rivetz Inc.

Anthony Diiorio: Is the Co-founder of the Ethereum network. He keeps himself busy as the CEO&founder of Jaxx Blockchain interface and CEO&founder of Decentral. Anthony’s previous work experience includes serving as the Chief Digital Officer on the Toronto Stock Exchange. He is an advisor to many recent crypto projects like Canadian based Etherparty.

Mihai Alisie: Co-founded Ethereum and served as vice president of the Ethereum foundation before stepping down to pursue other interests. Mihai and Vitalik cofounded Bitcoin magazine together. He is also the founder of his latest new venture the AKASHA project.

Due to the far-reaching effects of the Ethereum network, there are many other prominent figures, and team members that I have not included, they have also made significant contributions to the Ethereum blockchain and team.

Partnerships:

The Enterprise Ethereum Alliance was created to bring together enterprises, startups, academics and Ethereum developers. The EEA boasts a list of influential members.Corporations such as Microsoft, Intel, J.P. Morgan, Samsung SDS, Mastercard and other high profile companies have joined the Enterprise Ethereum Alliance.

Ethereum (ETH) Crypto Review: Marketing Strategy

Ethereum does well in regards to marketing it’s one of the most sought-after cryptocurrencies in the crypto ecosystem. Ethereum has a massive social media presence on sites such as Twitter, Facebook, and Reddit. The Ethereum website also has a personal blog where they update users on recent developments.

If you wish to be involved in the community, Ethereum meetups are similar to Bitcoin meetups, and they are becoming increasingly more common.Many crypto enthusiasts can join together and collaborate with like-minded individuals who believe in smart contract technology. Meetup.com is a popular website that I recommend using if you’re interested in getting together and learning from fellow crypto investors and individuals.

Developers can find helpful resources on the Ethereum website such as a guide to the solidity language and a link to Stack Exchange a website that functions as a question and answer site for Ethereum users.

Ethereum (ETH) Supercomputer Review: Investment Analysis

The Longterm outlook seems bright for Ethereum with over 50% of the recent ICOS utilizing the powerful network they will be using Eth as gas to process transactions which will further increase the valuation of the Ethereum network.

I believe that in the future when Ethereum plans to move away from mining and the proof of work (pow) model to a more environmentally friendly proof of stake (pos), consensus model the price will likely further increase as people will be incentivized to hold their Ethereum tokens.

If I were to recommend two cryptocurrencies to hold then, Ethereum and Bitcoin would be the top two currencies as they are frequently paired with other cryptocurrencies. Ethereum is often used to purchase alt coins since the low fees, and transaction speeds can be a lot more efficient than using Bitcoin to buy altcoins.

Furthermore, new investors often purchase Bitcoin and Ethereum over other popular cryptocurrencies. I believe an increased interest in Ethereum will lead to a higher price valuation over time as cryptocurrencies and blockchain technologies become widely adopted. With all of the projects and companies building on the Ethereum network in 2018, this should be a long-term hold.

(As always please do your research before investing in crypto projects this review is my own opinion and is not meant to be taken as investment advice.)

If you’re new to Ethereum, please check out below for helpful tips and links that will help get you started in Ethereum.
(Disclaimer some links below contain affiliate links)

Frequent Questions Ethereum(ETH) investors ask:

How can I purchase Ethereum?

One of the most common methods to purchase Ethereum is on websites called exchanges they function similar to online brokerage accounts where users buy traditional assets such as stocks.

The most straightforward and trusted exchange to use for new investors is called Coinbase they are a Y-Combinator backed company. YCombinator has advised and funded many successful startups such as Airbnb, Reddit, Dropbox, etc.

Coinbase is simple to use since you can add credit cards such as Visa, or Mastercard and then use your credit card to purchase popular cryptocurrencies like Bitcoin, Ethereum or Litecoin.

A common misconception among new Ethereum investors is that they have to purchase one whole Ethereum token. Investors do not need to buy one Ether token but can instead buy a percentage such as 0.25%,0.50% of Ether.

Where do I store Ethereum?

Similar to Bitcoin and other cryptocurrencies you will want to move Ethereum off of the exchange as soon as possible since they are high-value targets for hackers. Exchanges can also be shut down by governments or the malicious operators themselves. My favorite wallets to use for storing Ethereum are the following:

Online wallets: MyEtherwallet, Jaxx wallet

Hardware wallets: Ledger Nano or Trezor

Common Ethereum (ETH) and Crypto terminology:

Ether: Ether is a necessary element it acts as fuel for operating the distributed application platform Ethereum. Ether is a form of payment used by the clients of the platform to the machines that are executing the requested operations.

Gas: Seems to have various associated definitions that include: Gas Prices, Gas Cost, Gas Limit, and Gas Fees. The idea behind Gas is to have a stable value for how much a transaction or computation will cost on the Ethereum platform. If the price valuation of Ether increases the gas price should go down so that the fees will remain stable.

ERC-20 Token: Functions as the Ethereum networks standard token it’s necessary for Ethereum smart contracts. It was created in 2015, ERC-20 defines an approved list of rules and criteria that an Ethereum token has to implement. Many projects launched on the Ethereum network have their own ERC-20 based token.

Smart Contracts: A smart contract, also known as a crypto contract, it is a computer program that holds and processes the transfer of digital assets between parties under specific criteria.The smart contract agreements are then stored on blockchain technology.

Ethereum Blockchain: Is a decentralized blockchain, with a Turing complete scripting language that allows the processing of smart-contracts on the Ethereum network.

Altcoins: Refer to alternative cryptocurrencies other than Bitcoin. Examples of altcoins include Litecoin, Ripple, Monero, etc.

Ethereum(ETH) relevant documentation and information:

Whitepaper: Explains the technical aspects of the Ethereum Network.

Yellow Paper: Similar to the White paper it covers the use cases and technical aspects of the Ethereum network.

Ethereum Homestead Documentation: Is a collaborative effort that compiles a list of valuable information concerning the Ethereum network.

Github: The source code can be found here

State of the DApps: Is a website that has curated a list of over 877 projects building decentralized applications on the Ethereum Network.

Ethstats: Covers stats on the Ethereum network such as Gas price, the last block mined, etc.

Etherscan: You can use the website to verify if your transaction went through to your wallet or exchange.

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Ethereum Classic (ETC) Blockchain Review: Decentralized

Ethereum Classic (ETC) Blockchain Review: Decentralized

Ethereum Classic (ETC) Some consider this cryptocurrency to be the actual original vision of the Ethereum platform before it implemented it’s first hard fork due to a vulnerability. I felt it would be good to cover Ethereum Classic due to the recent Ethereum/ Parity crisis. I feel that Ethereum Classic will stand to benefit from this current disaster as investors analyze the Ethereum platform and possibly second-guess it.

Although I don’t wish harm on anyone and do have sympathy for all of the account holders that were affected by the Parity/Ether crisis I believe this incident will lead to an increase in the price valuation for Ethereum Classic.

I will be reviewing Ethereum Classic (ETC) as an Investment; often when I invest in potential cryptocurrencies, I analyze four key areas that are important to consider before making a sizeable investment.

The Four Key areas I will be discussing:

* Ethereum Classic– Introduction.
* The Ethereum Classic Team– Who is developing ETC?
* Marketing Strategy– Are they doing a good job at marketing?
* Investment Analysis– Will ETC be a good investment?

Ethereum Classic (ETC) Blockchain Review- Introduction

Ethereum Classic can be described as a secure decentralized platform that runs applications(DApps). It’s the original foundation of Ethereum before they decided to implement a hard fork and alter the code.The costs for running applications on the Ethereum Classic platform are a lot less then if you choose to run applications on the Ethereum network so for some developers, this could be appealing.

Ethereum Classis has strong support from within the crypto mining communities which helps keep it decentralized and in my opinion, helps hold value for the price of Ethereum Classic.

Ethereum Classic is currently one of the top ten cryptocurrencies by market cap, and at the moment it holds a market cap valued at
$1,368,176,086 USD. It has a circulating supply of 97,261,398 ETC tokens.

The best place to purchase the Ethereum Classic token is the popular Binance exchange.

Ethereum Classic (ETC) Cryptocurrency Review- The Team

The development of the Ethereum Classic project is composed mainly of two teams that are creating new projects on the ETC platform. One group is the ETCdevteam, and the other is the Grothendieck team they both are composed of individuals who seem to be dedicated to developing this promising platform.

I noticed on both of the dev teams websites that there are numerous job postings listed. This is something that I always search for in a project since it often means the cryptocurrency project is growing. If you wish to look at some of the exciting projects being developed on the ETC platform, click here.

Ethereum Classic (ETC) Crypto Review- Marketing Strategy

Ethereum Classic seems to have done an excellent job with marketing and being a top ten cryptocurrency within such a short time span is an incredible feat. They seem to post often on Twitter and have an active Reddit community. More importantly, they are very busy on Github which is nice to see as you know projects are being developed.

I believe that they should switch from their Slack channel to other outlets such as Riot Chat or Discord.The Ethereum Classic forum link was unavailable when I tried to access it from their main website. If they fix these two issues, I believe it could be beneficial for the project.

Ethereum Classic (ETC) Blockchain Review- Investment Analysis

With a strong support base originating from the crypto mining communities and the recent Ethereum/Parity disaster ETC stands to benefit the most. I believe it would be a good option to invest in for the short term or long term if you feel comfortable doing so. As always this is not investment advice just my own thoughts on why ETC could see a huge surge in popularity and value in the upcoming months.

(As always please do your research before investing in crypto projects this review is my own opinion and is not meant to be taken as investment advice.)

 

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Monero (XMR) Crypto Review: The King of Privacy Coins

Monero (XMR) Crypto Review: The King of Privacy Coins

Monero (XMR): The Decentralized Privacy focused cryptocurrency with one of the best communities in the crypto world. I have always been a big fan of decentralization and privacy. Monero is like the godfather for all the new and upcoming privacy crypto coins. Often friends of mine find it hard to believe that famous cryptocurrencies such as BitCoin  can be entirely traceable and not private at all.

I won’t be reviewing the Monero cryptocurrency tech wise as that is better left to the experts, but I will be evaluating Monero as a cryptocurrency investment. In the Monero review, I will be covering four key areas that I feel can be important before considering investing in a potential cryptocurrency.

The four key areas that I will cover are as follows:

* Monero (XMR) Introduction– what is Monero?
*Monero (XMR) Team- Who is behind this privacy-focused coin.
*Monero (XMR) Marketing– Do they market the technology well.
*Monero (XMR) Investment analysis- Is Monero a good investment?

 

Monero (XMR) Blockchain Review: Introduction

XMR Is one of the top 10 most popular cryptocurrencies.
Monero was built using the CryptoNote protocol, and it has a strong focus on privacy and censorship-resistant transactions.

It is a proof of work (PoW) cryptocurrency, so it is minable, and it has a large market cap that is currently worth $1,579,953,981. Monero has a circulating supply of 15,322,400 XMR.

The Monero team developers have been successful in meeting all of their roadmap objectives, and they still have many exciting updates planned for the Monero coin. You can view the Monero roadmap by clicking here.

Monero (XMR) Cryptocurrency Review: The Monero Team

The Monero project has been a collaborative effort and has had more then 200 developers contribute to the development of the project. Many of the active team developers can be found on the Monero webpage by clicking here.

The Monero project also has a list of important sponsors that have contributed to the project.

Monero can be purchased on many exchanges which is a good sign for a crypto investor as it means the cryptocurrency is widely accepted. The best exchange to use at the moment seems to be the reliable Binance exchange.

Monero (XMR) Crypto Review: Marketing Strategy

The Monero technology markets itself by providing crypto investors with a reliable decentralized currency that is untraceable.

Besides having such promising technology, the Monero team is quite active on popular social media platforms such as Reddit and Twitter.

Monero has been very active on Github lately which is always a good sign to see for crypto investors as it means that the developers are putting in work and implementing updates to the product.

The website is beneficial and assists with explaining the technical aspects of the cryptocurrency, safe storage, and getting started with mining Monero.

Unless you are willing to make a sizeable investment in a mining rig and have affordable electricity costs, I would recommend purchasing Monero from exchanges.

Monero (XMR) Crypto Review: Investment Analysis

With privacy still being a significant concern, I feel like privacy related cryptocurrencies that are reliable such as Monero will only increase in value in 2018.

At the moment Monero is trading well below its all-time highs. However, most altcoins have been affected by the recent Bitcoin surge and hard forks.

I expect Monero to increase in value as it rebounds to previous levels and with the cryptocurrency markets growing larger by the day coins such as Monero stand to benefit.

If you do wish to invest in the Monero project, then please understand that this is not investment advice just my personal opinion on why Monero could increase in valuation.

(As always please do your research before investing in crypto projects this review is my own opinion and is not meant to be taken as investment advice.)

 

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Bitquence (BQX) Crypto Review

Bitquence (BQX) Crypto Review

Bitquence (BQX) describes itself as the people-powered cryptocurrency platform for everyone. It’s an ERC-20 Based token, so it runs on the powerful Ethererum blockchain.

Bitquence has a bold vision they aim to make the cryptocurrency market more accessible to mainstream investors. Bitquence goal is to provide a reliable platform where investors can hold multiple assets securely.

I believe companies such as Bitquence will play a lead role in bridging the gap between cryptocurrency markets and the masses.

 

I will be reviewing Bitquence as an investment so tech wise I may not be discussing all of the exciting features of the platform. The Four key areas that I will address will be:

* Bitquence- Introduction
* The BQX Team
* Marketing Strategy
* Investment analysis

 

Bitquence (BQX) Cryptocurrency Review- Introduction

I would describe Bitquence as a safe, secure multi-asset decentralized wallet that allows users to gain exposure to numerous cryptocurrencies all within a click of a button.

Bitquence functions as a multi-platform running on the Ethereum blockchain it is an ERC-20 based token. Additionally, Bitquence will also be rewarding members who provide accurate risk assessments of coins within the Bitquence community.

The Current Market cap that Bitquence holds is 59,379,205 USD, and they have a circulating supply of 71,890,616 BQX tokens with a total amount of 222,295,208 BQX tokens.

I have read that Bitquence plans to hold 40% of the tokens for liquidity reasons on the platform. That is a good sign since releasing that amount of tokens on to the market could devalue the current price of the token.

Furthermore, I have heard people in the crypto community criticize the Bitquence roadmap as being plain, and although I admit it is somewhat simple, roadmaps are meant to give a person a quick idea of the direction a cryptocurrency is heading.

I recommend everyone to read Bitquences whitepaper before investing so that you understand the investment and the companies goals.

Bitquence (BQX) Crypto Review- The Team

The team is composed of individuals who have lots of experience in the tech and financial sectors. They seem like-motivated individuals who have the connections and expertise to bring awareness to the Bitquence platform.

I noticed ten team members on the website, and I could not locate a hiring page which Is something that I usually check for since it’s a good indicator that a company is growing.

Bitquence (BQX) Blockchain review- Marketing Strategy

To be honest, this is an area where they could improve on substantially.

It’s not that Bitquence is doing a horrible job at marketing it’s the fact that the competition in the crypto space is fierce and many cryptocurrencies have effective marketing strategies in place that will steal the shine away from projects such as Bitquence.

Areas that I noticed which could use some improvement would be the YouTube channel. The channel has a decent amount of videos, but the last video was posted over a month ago. If they use this venue for marketing then they need to post bi-weekly at least so that they can retain the current amount of subscribers and capture new audiences.

The Bitquence forum looks pretty dead to me there is not much activity on there. I think that Bitquence should get rid of the forum and update the investors and community members more frequently with weekly blog posts.

Even on Twitter, they need to tweet or retweet more frequently. The Reddit community is a decent size and probably the best place to find essential updates in regards to Bitquence. They also have a Bitcointalk thread with some activity.

I’m not trying to be critical of Bitquence but marketing wise they should be utilizing social media a lot more then they do.

Bitquence (BQX) platform review- Investment Analsyis

The Bitquence team has a strong vision but will need to step up its community engagement in the following months to see an increase of valuation in the token.

It would be wise for the Bitquence team to try and get listed on more exchanges as they will need more exposure to generate brand awareness between investors and users of the platform.

The best exchange to purchase Bitquence right now seems to be the Binance exchange.

Bitquence has seen incredible growth in the last six months the price valuation jumped from a few cents from this summer to a peak value of over a dollar by August. So if you were hoping to make huge gains, you might have already missed the train.

I believe that the BQX token will increase in valuation in 2018, but with so many other promising projects going live in 2018 I feel profit wise you could earn better returns elsewhere.

Also as an investor with so little updates happening from the Bitquence team, it’s unsettling and until they do a better job of communicating I would not invest in the project.

If you do choose to invest in Bitquence, I would only suggest investing a small amount of money.

(As always please do your research before investing in crypto projects this review is my own opinion and is not meant to be taken as investment advice.)

 

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NEM (XEM) Crypto Review: Smart Asset BlockChain

NEM (XEM) Crypto Review: Smart Asset BlockChain

NEM(XEM) was one of the first cryptocurrencies that I had invested in when I started out in this crazy crypto world, and it’s done considerably well since 2014.

Fast forward a few years later and 2017 seems to have been kind to NEM, it has experienced exceptional growth this year in regards to the company and the valuation of the NEM cryptocurrency.

I’m excited to be reviewing NEM which stands for New Economy Movement. NEM holds the prestigious title of being the worlds first smart asset blockchain.

In the review of the NEM blockchain, I will be going over four critical areas of interest. I hope that you find this review useful my mission is to steer crypto investors in the right direction. Often there is so much shilling and scams going on in this industry it’s hard to focus on the legitimate crypto projects such as NEM.

 

NEM (XEM) Blockchain Review: Introduction

The NEM blockchain was designed and coded from the ground up so that it would be fast and easy to scale. NEM is a peer-to-peer crypto blockchain. NEM was created plus written in Java and JavaScript with a 100% source code. The NEM blockchain functions as a Proof of Importance Crypto.

NEM has often been mentioned in the crypto community as the Bitcoin killer although at the moment I’m not sure anything can kill Bitcoin it’s on an absolute tear.

Nem currently holds a massive market cap valued at 1,539,288,000, USD and with a total circulating supply of 8,999,999,999 XEM. The broad market cap means that NEM is one of the top 10 most significant cryptocurrencies.

The NEM blockchain has many features such as functioning as a secure voting system for governments, crowdfunding, Escrow services and many other exciting use cases.

NEM (XEM) Cryptocurrency Review: The Team

NEM and its community are best represented by the NEM Foundation which functions as a non-profit organization that is based out of Singapore.

The NEM foundation allows members from all over the world to participate in the NEM project.

While reviewing the NEM foundation, I was surprised to discover how large the team is I noticed around eighteen team members.

To be honest, I had a difficult time tracking down the primary development team behind the NEM project. It was not easy finding the names on the official website furthermore I was also unable to find a roadmap for the NEM project which is too bad since many crypto investors do look for that.

NEM (XEM) Blockchain- Marketing Strategy

NEM has done an excellent job in regards to promoting itself. They often post on the NEM blog, and you can find updates easily on popular social media platforms such as Twitter, Reddit, and the Bitcointalk forum.

If you’re interested in promoting NEM, I noticed a Bounty program on the official website for marketers where they do offer compensation for well-written content and videos concerning the NEM blockchain.

I should mention that PeculiarMonkeys does not participate in any such bounties or incentivized programs. I would like our readers to know that we will always provide honest, unbiased cryptocurrency reviews.

NEM(XEM)- Investment Analysis

2018 will be a critical year for the NEM blockchain they have many important projects and updates that will take place in 2018.

I believe NEM, and it’s native currency XEM will grow and increase in value in 2018 but by how much is anyone’s guess.

NEM unfortunately for some has already experienced so much growth in 2017 alone, and with such a high circulating supply of XEM, it will be hard for this cryptocurrency to increase in value drastically.

I expect modest gains in 2018 with NEM if you do invest in this cryptocurrency, please keep in mind that it will be hard for it to even reach one dollar with such a high supply of XEM.

The cryptocurrency market is multiplying rapidly, and I do believe that NEM will be able to experience modest gains along the way.

NEM (XEM) might be best suited for short-term Investors who buy on dips and sell when it rebounds.

(As always please do your research before investing in crypto projects this review is my own opinion and is not meant to be taken as investment advice.)

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Kyber Network (KNC) Crypto Review

Kyber Network (KNC) Crypto Review

Thanks for checking out my latest review of the Kyber Network (KNC).Kyber is a Decentralized Exchange running on the powerful Ethereum Network.

I am a firm believer that Decentralized Exchanges are a step forward in the Crypto world all too often we hear stories of centralized exchanges charging high fees, shutting down suddenly, or getting hacked.

Kyber (KNC) is a promising Decentralized Exchange that could play a lead role in fostering the change from a centralized exchange based system to decentralized exchange based system.

I will be reviewing some of the highlights of the Kyber Network and why it could prove to be a lucrative investment.

Key points that I will cover are as follows:

*Introduction to the Kyber (KNC) Network
* The Kyber Team
* Marketing
* Investment Analysis

So let’s get started!!

 

Kyber Network (KNC) CryptoCurrency Review- Introduction

The Kyber network runs on the robust Ethereum platform and can be described as an on-chain protocol which will allow Secure instant exchanges between digital assets(cryptocurrencies).

The Kyber network will function as trustless and decentralized furthermore it will have high liquidity making it appealing to Crypto traders. The Kyber network also will be providing payment APIs that will allow Ethereum account holders to accept payments from other cryptocurrencies such as Bitcoin.

The action-packed Kyber roadmap has many critical dates scheduled for 2018 and early 2019. Highlights will include:

Q1/18– Main net launches and will support the trading between Eth and tokens.
Q2/18– Supports trading between arbitrary token pairs.
Q3/18-Supports the trading of advanced financial instruments.
Early 2019– Supports cross-chain trading.

The Kyber Network Market Cap is currently valued at 133,732,043 USD, and it has a current supply of 134,132,697 KNC tokens with a fixed total amount of 215,625,349 KNC tokens.

The best exchange to purchase the Kyber token is on the popular Binance exchange. After purchasing the token you can easily store it in an ERC-20 token compatible wallet such as myetherwallet.

 

Kyber Network (KNC) Token Review- Team Members

The Kyber Team appears to be based in High Tech Singapore where many other promising CryptoCurrency companies have started to emerge.

The team appears to be highly educated and well connected in crypto circles Loi Luu one of the co-founders is a frequent speaker at Bitcoin and Ethereum conferences worldwide.

The size of the team is quite large for a startup which is a good sign; I noticed 12 team members that were listed on the Kyber website.

The Kyber Network also has six industry-leading advisors including Ethereum Founder Vitalik Buterin.

The list of Partnerships that the Kyber Network has formed already is impressive companies such as Fenbushi
Capital, Pantera, and many other notable investors have decided to invest in this promising startup.

Kyber Network (KNC) Crypto Review- Marketing

The Kyber Network team is lucky to have notable industry advisors and investors such as Vitalik Buterin with his name recognition alone people have taken notice to this promising company.

Kyber has a loyal Twitter and Reddit following, and I like that I can view the progress of the Kyber Network team on Github. They have a blog where they post fresh content often and generally; they seem to do an excellent job with marketing.

The only suggestion I would have is that they might benefit by posting more video content on sites such as Youtube. Video marketing is an excellent way for companies to build brand awareness.

Kyber Network (KNC) ERC-20 Token Review- Investment Analysis:

Overall I believe that in 2018 we will see an increase in the price of the (KNC) token as the Kyber Network becomes fully operational.

Right now could represent an excellent buying opportunity and a chance to start accumulating the Kyber Network token as the price has dropped significantly since last months all-time highs.

With essential roadmap features being introduced shortly new all-time highs could likely be reached during the first quarter of 2018 when the Kyber Main net has been launched.

(As always please do your research before investing in crypto projects this review is my own opinion and is not meant to be taken as investment advice.)

 

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Nav Coin (NAV) Crypto Review: Anonymous Transactions

                       Nav Coin(NAV) Crypto Review

Nav Coin (NAV) is it an underrated cryptocurrency? I believe it has many positives that make it an exciting cryptocurrency investment. Thanks for checking out my latest cryptocurrency review today I will be discussing why I feel Nav Coin is undervalued and has so much going for it.

Thanks for checking out my latest cryptocurrency review today I will be discussing why I feel Nav Coin is undervalued and has so much going for it.

I try to keep thing’s simple when I review cryptocurrencies, and the highlights that I try to cover are as follows:

* Introduction
*Team
*Marketing
*Investment Analysis

So shall we begin??

Nav Coin (NAV) Crypto Review- Introduction

So what exactly is Nav Coin ?? Well, it’s a privacy-driven PoS hybrid cryptocurrency. It implements an x13 hashing algorithm. Nav Coin’s encryption software disconnects and randomises transaction data, removing it even from an actual IP address. NavCoin then uses a subchain to process anonymous transactions.

So basically it’s a very privacy orientated cryptocurrency that you can stake. POS coins are excellent investments, in my opinion, I feel like they will dominate in the future as its a much more efficient system then mining cryptocurrencies. Proof of stake allows holders of Nav Coin to be rewarded 5% interest by holding Nav Coins in their wallet.

NavCoin recently enabled SegWit in May of 2017 this update was voted on by the community and allows Nav Coin to implement essential projects in the future such as smart contracts (Think Ether) and DApps.

NavCoin has a pretty low market cap for such a promising cryptocurrency currently the market cap is:$55,513,784, so lot’s of room to grow in the future. The circulating supply of Nav Coins is not that large either at the moment the current amount is:61,965,509 (NAV).

Investment wise I look for coins with smaller market caps and circulating amounts since often they have room to grow in market cap which in turn leads to higher valuations of the cryptocurrency.

The best place to purchase NAVCoin is on the Binance exchange after you purchase the tokens you can transfer them to the official NAV wallet.

Nav Coin (NAV) Crypto Review- Team

The Nav Coin team is based in beautiful Auckland, New Zeland and composed of a large number of accomplished individuals who seem to be eager to promote the benefits of the Nav Coin technology. Many of them have links to their social media profiles, so that is a good sign of transparency which is something that is important to look for when investing in a cryptocurrency.

I couldn’t locate any active job postings on the website which is something I do look for while investing as its an indicator of the growth of the cryptocurrency. It could be that the NAV team is large enough already and has no need for extra employees at the moment.

Nav Coin (NAV) Crypto Review- Marketing

I enjoyed scrolling through and navigating the NAV website it has a sleek design and a very easy to use the interface the NAV team did an excellent job creating it, in fact, I believe it is among one of the best-designed websites in the crypto sphere.

Social Media wise they again are doing an excellent job of spreading the word about the benefits of NAV technology.

The NAV team has a loyal following on platforms such as Bitcointalk, Reddit, Twitter, etc. They also happen to have a NAV Coin Forum on the website where users can post questions and communicate with other users and team members.

NAV Coin (NAV) Crypto Review- Investment Analysis

For being such a privacy orientated coin, the NAV team is refreshingly open and transparent. Being honest is one of the biggest keys to a cryptocurrencies success is the community, and I feel the NAV team is fostering a community that will benefit the Cryptocurrency in the years to come.

In 2017 we saw many privacy orientated coins such as PIVX grow in value and I feel that this will also happen with the NAV Coin. I expect the price to rise considerably in value over time.

Meanwhile, while you accumulate and wait for the price to increase you will be earning 5% since it’s a POS Coin.

(As always please do your research before investing in crypto projects this review is my own opinion and is not meant to be taken as investment advice.)

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Status (SNT) CryptoCurrency Review Decentralized Applications

                           Status (SNT) Crypto Review

Thanks for checking out my Status (SNT) Crypto Review with Devcon 3 only a couple of days away I figured it would be a good idea to review Status (SNT) an ERC-20 Ethereum based token.

The Status project as an investment was one of the most popular Icos of 2017 they raised significant capital within a few hours. Unfortunately, to the surprise of some investors of the ICO Status price, went below and is still trading under the ICO price at the moment.

Does time heal all wounds? Let’s be honest it’s been a bumpy ride for Status(SNT) Investors, but patience might be finally paying off this is crypto after all, and it’s not for the faint of heart.

Investing in cryptocurrencies, you soon realize anything can happen in crypto land such as falling below ICO prices once hitting the exchanges and then soaring to new highs months later(hopefully).

Status (SNT) Crypto Review- Introduction

The Status Network Token (SNT) is an open source messenger platform that runs on users mobile browsers. It will allow people to communicate with decentralized applications(DApps) which run on the powerful Ethereum Network.

The best exchanges to purchase SNT tokens are on the popular Kucoin and Binance platforms. After purchasing the tokens you can then store them in a secure online wallet such as myetherwallet.

The current market cap of Status is 131,310,613 USD, and the current circulating supply of tokens is 3,470,483,788 SNT and Status has a total lifetime supply of 6,804,870,174 SNT tokens.

As an investor, I like the fact that the market cap is still quite low for Status once they have a working product I would expect that the market cap will multiply.

The supply of Status tokens, to be honest, is enormous almost seven billion tokens but for what they aim to accomplish I believe the developers did this for a reason.

Status (SNT) Crypto Review- Team

Carl and Jarrad, the two co-founders of the Status team, have already seen success with past tech-related projects so if history repeats itself then I’m sure Status will have a spectacular future.

The Status Network Token bills itself as a community-driven project and from what I can see they have eight core contributors and seem to be growing they have job postings listed on the website so if you need work hit them up.

Investment wise the team looks stable, and it’s a community-driven project which I usually prefer to invest in with cryptocurrencies as having an active community will benefit the price of the Status(SNT) token in the years to come.

Status (SNT) Crypto Review- Marketing

Status does an excellent job with marketing, and I see lots of updates on Social media sites such as Twitter, Facebook, Reddit. They are moving from slack to Riot chat so that the community is safer unfortunately slack users have become a frequent target for scammers in the crypto world. They have a decent Youtube channel, and the videos are compelling to watch although quite technical.

The Founders of Status are often guest speakers at high profile blockchain events so if you wish to see them live you may get the chance as they usually travel worldwide speaking at events.

Speaking of notable events, and marketing I almost forgot to mention that Status is the Universal Sponsor of Devcon 3 that’s taking place this year in the beautiful resort area of Cancun, Mexico.

For sure the Devcon 3 conference will bring a significant amount of attention to Status (SNT). Jarrad will be addressing the audience on November 2nd and has mentioned that they have exciting updates regarding the Status project.

Status(SNT) Crypto Review- Investment Analysis

Personally, I feel that this project will be a massive success in the future and could be a good investment. Status is a long-term hold, and as ICO investors have discovered it will be hard to make significant short-term gains as the value of the token will fluctuate.

If you believe in the Status token, then the buy-in price at the moment is more then fair as it’s below the ICO price. Hopefully, investors should see an upward trend from here on out.

My thoughts in regards to the Status network token is that it is a real project that has a lot of potentials if it succeeds.
I will be holding this token myself long-term. As always invest at your own risk these are my thoughts that I choose to share and hopefully shed some insight on promising crypto projects.

 

(As always please do your research before investing in crypto projects this review is my own opinion and is not meant to be taken as investment advice.)

 

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