Selfkey (KEY) Crypto Review: Digital Identity Systems

Selfkey (KEY) Crypto Review: Digital Identity Systems

Selfkey (KEY) Crypto Review: SelfKey is an up and coming blockchain based digital identity system that will include many integrated functions.It aims to be a financial services marketplace, created to put identity owners in control of their data, and to allow them to request identity claims and enable users of the platform to instantly apply for passports, residency, and financial services in a safe and secure environment.

I have been increasingly interested in blockchain related identity services such as Selfkey as I believe they could provide a vital service to mainstream consumers outside of crypto. After the recent Equifax data breach, I think consumers will be looking for alternative options where they feel comfortable providing their data in a secure decentralized manner.

When I was reading up on the Selfkey whitepaper the use cases were vast and interesting, I feel that this crypto project could be a good longterm investment as once the platform goes live I can envision many companies and even governments using Selfkey services.

Some of the Selfkey use cases that will be available once the platform launches its digital identity system include the following:

* Verifying identity on crypto trading exchanges
*Applying for Bank accounts and investment products
*Processing permanent citizenship& residency applications in eligible locations across the globe (50 countries listed so far)
* Applying for International insurance applications

Selfkey digital identity systems if adopted by mainstream audiences could be well positioned to dominate this emerging sector and since the platform has a wide array of use cases the token should further increase in value for its token holders.

I will be reviewing the Selfkey project, and it’s token (KEY) as a crypto investment. When I review crypto projects, I like to cover four key areas that I find necessary before deciding to invest in a project. Some of the following criteria that I will cover in my review will be as follows:

* Introduction to the Selfkey token
*The Team- Who are they?
* Marketing- Can they market their product successfully?
*Investment Analysis- My personal opinion(not investment advice) and final thoughts on the project.

Selfkey (KEY) Token Review: Introduction

I believe I have explained the benefits of the Selfkey platform well but if you’re interested in learning more about the objectives of the project then be sure to visit the in-depth white paper by clicking here. Moving along I would like to discuss the KEY token and why it’s essential to the Selfkey platform.

So let’s get started the KEY token can be described as a utility token it runs on the Ethereum network thus making it an ERC-20 token. ERC-20 tokens can be safely stored in popular online wallets such as myetherwallet. The easiest place to purchase the KEY token seems to be the kucoin exchange although I have a feeling it will be listed on larger exchanges in the future.

KEY is the primary token utilized on the Selfkey digital identity platform, some of the functions that it performs are listed below:

* The KEY token is used to apply for citizenship and Permanent residency applications.
*KEY can be used to incorporate a business
*KEY is used to open up bank accounts remotely and other financial products such as credit cards.
*KEY can be used to participate in ICOS and token sales.

The list of KEY functions seems to be never-ending furthermore as a crypto investor; this project has potential. At the moment the current market cap is valued at approx USD 44,075,149, and the Key tokens have a current circulating supply of 1,785,293,554 tokens with a total fixed amount of 5,999,999,954 KEY tokens in existence.

The project at the moment seems to be undervalued with a low market cap it could easily have room to grow in size especially if it can reach mainstream adaptation.

Selfkey (KEY) Cryptocurrency Review: The Team

It’s not surprising that given the potential scope of the Selfkey platform that the team is vast in size they seem to be growing and hiring, but for the moment I was able to discover over 48+ employees working on the project. Below I have listed some of the prominent team members, advisors, and partnerships.

Team Members:

Founder: Edmund Lowell

Product Manager: Terry Lin

Blockchain Developer: Edmund To

Advisors:

Co-founder of IOTA- Per Lind

Polymath founder-Trevor Koverko

Former SWIFT Asia Lead- Daniel De Weyer

Partnerships:

ComplianceAsia
Flagtheory.com
Polymath
Gatcoin
Passports.io

Selfkey (KEY) Crypto Review: Marketing Strategy

With the recent ICO being completed the project is just getting noticed unfortunately due to market conditions I believe many investors may be hesitant to purchase KEY tokens at this time, but for those bullish investors, Selfkey could now be considered a good buying opportunity.

The team has hired experienced marketers with proven industry-wide experience so I believe that they will be able to execute proper marketing strategies that will be essential for growing the Selffkey platform.

At the moment Selfkey has a large presence on popular social media sites such as Twitter, Reddit, and Facebook. I like the fact that they already have uploaded a fair amount of Youtube videos this is a good strategy for companies to follow since it can help bring in new users to the platform.

For the most up to date information, you can find frequent blog posts and updates on their blog they also have a decent thread on the popular Bitcointalk forum.

Selfkey (KEY) Review: Investment Analysis

I’m admittingly pretty bullish in regards to the Selfkey project if it can reach it’s milestones successfully, and it’s ambitious roadmap then this project should increase in usage and value especially over the long term. I feel at the moment due to market conditions this project is not getting the attention it deserves but what that means is smart investors might be able to capitalize on this excellent buying opportunity as the token value will likely increase as developmental milestones are reached, and market conditions improve.

(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.)

Recent Reviews
Elixir
COSS
Ripio Credit Network
Ambrosus
BlockMason
Raiden
IOTA
Ethereum

Elixir (ELIX) Crypto Review: Lending via Blockchain

Elixir (ELIX) Crypto Review: A SALT or Ethlend Competitor?

Elixir (ELIX) is an up and coming competitor in the blockchain lending space. Many savvy crypto investors may already be familiar with popular lending blockchain platforms such as SALT and Ethlend, but perhaps Elixir does not ring a bell. In our review of Elixir and it’s native token (ELIX) we will cover important aspects to consider when one decides to invest in a crypto project.

Some of the areas that I will be covering in our Elixir (ELIX) Review include:

Introduction: What is Elixir?
The Team: Who are they?
Marketing Strategy: Will they be able to attract new users?
Investment Analysis: Can this be a profitable investment?

Elixir (ELIX) Cryptocurrency Review: Introduction

So is Elixir just another blockchain lending platform? It’s actually much more than a lending platform Elixir has a mission to specialize in three primary use cases such as the following:

(1) P2P Lending Platform
(2)Crowdfunding Platform
(3) Payments Ledger

It’s token runs on the powerful Ethereum network thus making it an ERC-20 token. The best exchange to purchase the ELIX token seems to be Kucoin at the moment, and one of the easiest places to store ERC-20 tokens is in a secure online wallet such as myetherwallet.

The Elix token is crucial to the lending platform and is used primarily as the currency of choice on the Elixir platform.Every application within the Elix mobile application and future web applications will be utilizing the Elixir token thus increasing its long-term value.

For a more in-depth analysis of Elixir and it’s native token ELIX be sure to check out their detailed whitepaper by clicking here.

The current market cap of Elixir is valued at a low cap of USD 22,565,077 this means that they will have the ability to increase their market cap considerably over time which could be excellent for crypto investors who accumulate at these price levels. The Elix token has a current circulating supply of 30,909,033 ELIX tokens.

Elixir (ELIX) Blockchain Review: The Team

The team is talented but considerably small for a crypto project, but that is not necessarily a bad thing. It seems that they focus on contracting out areas that demand less of their attention and tend to focus on areas that need their attention the most. At the moment the team is composed of two individuals.

David Jackson Cofounder- Graduate of Stanford University and past work experiences include working as a researcher at Stanford University lab systems and as a researcher at Duke University.

Munir Safi Cofounder- Graduate of Indiana University in Computer Sciences his past work experiences include working as a software developer at General Motors.

Elixir (ELIX) Token Review: Marketing Strategy

They do an excellent job at promoting their brand and is among one of the few crypto projects which entirely takes advantage of social media sites they even have an Instagram account.

The best place to read up on the Elixir project would be their blog where they post frequent updates. They also have a significant presence on Reddit, Twitter, and a Bitcointalk thread.

I also enjoyed watching their Youtube videos as it explains the benefits of the platform.

Elixir (ELIX) Crypto Review: Investment analysis

With a low market cap valued at approx 20 million dollars, this crypto projects seems to have further room to grow. Because of this reason, I believe it to be undervalued and I feel that this could be a good time to start accumulating ELIX tokens before the platform launches and more people become aware of this promising project.

 

*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.*

Recent Reviews

Ripio
COSS
Ambrosus
Ethlend
Request Network
Etherparty
IEx.ec
Block Mason

Ripio Credit Network (RCN) Crypto Review

Ripio Credit Network (RCN) Crypto Review: Helping the Unbanked

Ripio Credit Network (RCN): Ripio’s primary mission is to offer digital payment solutions within anyone’s reach at the moment they seem to be focusing on the South American region of the world where 65% of the populace remains unbanked.

The Ripio Credit Network functions as a protocol that strives to bring further transparency and stability to the credit and lending sectors. The Ripio Credit protocol allows users of the network to use peer-to-peer lending services, regardless of where the lender and borrowers live, and the currency they use.

By offering a cheaper alternative to traditional banking brokerage costs and fees, Ripio provides better conditions for its users thus creating a better credit solution for borrowers than what’s currently available on the market.

Ripio will be providing an intermediary agent ( Cosigner), by doing this the Ripio Credit Network aims to reduce the lender’s overall credit risk. If the borrower decides to default, Ripio can assist with managing the debt collection regardless of where the borrower resides.

I will be reviewing the Ripio Credit Network, and it’s native token RCN as a crypto investment, and it’s possible potential. As usual, when I discuss crypto projects I analyze four key areas that I deem essential to consider before making a sizeable investment in a blockchain project. The four key areas that I will be investigating are the following:

* Introduction- What is Ripio?
*The Team- Who is behind the project?
*Marketing- Are they promoting the project efficiently?
*Investment Analysis- Final thoughts about the project.

Ripio Credit Network (RCN) Token Review: Introduction

The Ripio Credit Network can be described as a global credit network that is based on cosigned smart contracts that will connect lenders and borrowers from any location in the world and with any fiat currency that they choose to use. The Ripio smart contracts provide access that allows agents to confirm information in regards to the borrower’s identity so that the agents can then analyze the borrower’s credit risk without bias, therefore standardizing credit lending through blockchain technologies.

The Ripio credit network has a native token named RCN that is an ERC-20 token, so it runs on the robust Ethereum network. The best place to purchase the RCN token is on the popular Binance exchange after buying the tokens you can then store it in a safe, secure online wallet such as myetherwallet.

The RCN Token has two primary functions:

(1) RCN tokens have to be used for lenders to access the Ripio Credit Network platform (2) The RCN tokens are needed to compensate agents of the platform. If the Ripo network becomes popular and widely used, then the RCN token investors should expect a further increase in price valuation as the token is a necessary part of the platform. Borrowers will still be paid out in fiat currencies thus increasing widespread adoption of the network.For a more technical analysis of the Ripio network and it’s token dynamics, please check out the Ripo Whitepaper by clicking here.

At the time of writing this article Ripio has a current market cap that is valued at USD 150,829,220. The RCN token has a circulating supply of 490,033,009 tokens and a fixed total amount of 999,942,647 RCN tokens.

Ripio Credit Network (RCN) Cryptocurrency Review: The Team

The Ripio project is headquartered in the Grand Cayman, Cricket​ ​Square it is an experienced company in the blockchain sector, and some of the 14 team members have been working in the industry since 2013. Below I have listed some of the Team members, Advisors, Partners of the Ripio credit network,

Team:

Sebastian Serrano– CEO&Founder: Began learning to program at the age of 7 and assisted with building the first Internet Service Provider in his hometown of Patagonia.

David Garcia-SVP & Partner: Also serves as a managing partner at crypto assets fund and some of his Past work experiences include being the CEO& Co-founder of Qbien.com.

Andres Fleischer– Head of operations&Admin: Past work experiences include working as an accounting analyst at IBM.

Advisors:

Sergio Demian Lerner: Co-founder & Chief Scientist
at RootStock (RSK)

Juan Llanos: Fintech & Regtech Lead
at Consensys

Jeff Stewart: Co-founder & Chairman
at Lenddo

Steven Nerayoff: Ethereum co-creator, CEO at Alchemist Ventures

Partnerships:

Kyber Network
RSK
Auctus
Ethereum Enterprise Alliance

Institutional Backers:

FBG Capital
Blockchain Investors Consortium
Blocktower Capital
BNK to the future

Ripio Credit Network (RCN) Crypto Review: Marketing Strategy

So far Ripio is doing well at bringing brand awareness to their project, considering the project is still in alpha phase. I believe crypto investors can expect to see more of a marketing push within the second quarter of the year before they launch their completed platform.

The Ripo credit network has a growing fanbase on popular social media sites such as Facebook, Twitter, and Reddit. However, I noticed some improvements that could be made in regards to their marketing strategy.

Implementations that might be useful:

Youtube Marketing strategy: I was unable to find an official channel which is unfortunate since video marketing is a great way to explain the platform benefits and increase its user base.

Blog posts: I noticed that they often post updates through Medium.com, but I could not find an official link from the Ripio website. I believe Ripio could benefit by adding the medium.com link to their website.

Reddit: The current Reddit link on the Ripio official website links to a smaller community that is not very active. They might benefit by switching the link to the more popular Reddit Ripio credit network community since it’s three times larger and more active.

Ripio Credit Network (RCN) Crypto Review: Investment analysis

I like how Ripio focuses on Latin America and the vast unbanked population that lives there. The Ripio credit network has an excellent business plan since borrowers will not need to deal or have any knowledge of cryptocurrencies to qualify for a fiat loan. At the current price valuation, I consider Ripio to be undervalued and believe this could be a good time to start accumulating tokens before a further price increase that is likely to happen once the platform launches and its usage grows.

*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.*

Recent Reviews

Ethereum
Raiden
Ambrosus
COSS
Ethlend
Request
Quantstamp
Modum

Coss Token (COSS) Crypto Review: Exchange Tokens

Coss Token (COSS) Crypto Review: Exchange Tokens

Coss Token Crypto Review (COSS): Exchange tokens have proven to been profitable investments for many crypto investors who have invested early on in favorite exchange based tokens such as Binances
BNB token and Kucoins KCS shares. Coss is an up and coming exchange, and its token COSS has the potential to be a lucrative investment if it follows the same path as the above mentioned popular exchange coins.

This Month we have seen popular crypto exchanges such as Binance drastically reduce their referral program commissions from 50% to 20%. Around the same time, Kucoin to the surprise of many decided to eliminate their referral program; current members will no longer be able to refer new users to the exchange. The Coss exchange, and it’s token are well positioned to take advantage of crypto investors and promoters who may have lost trust in other favorite exchanges.

In our Coss crypto review, I will be covering key areas that I feel are important to consider when deciding on investing in a promising crypto project. The areas that I will be covering are the following:

* Introduction- What is Coss?
*The Team- Who are they?
*Marketing Strategy- Can they grow their user base?
*Investment analysis- Could this be a profitable investment?

Coss Token (COSS) Cryptocurrency Review: Introduction

So what exactly is Coss? Coss is the short name for Crypto-One-Stop-Solution. It is currently in Beta stage at the moment, but users can use the exchange although it is still a work in progress with many enhancements scheduled for the upcoming months. If the upgrades go well, it could drive more growth to the exchange.

Coss aims to be more than just an exchange platform they plan to offer other crypto related services such as E-wallet solutions, Payment gateway, market cap rankings, etc. For further technical information, please check out their white paper by clicking here.

The Coss exchange has a native token with the same name COSS, and it’s an ERC-20 based token so you can safely store it in your online wallets such as myetherwallet.

Crypto Investors who hold the COSS tokens will benefit primarily in two ways 50% of the revenue on the COSS exchange is shared with COSS token holders, and similarly, 50% of the income from the payment gateway will be shared with COSS token holders.

If the Coss exchange can reach similar volumes as it’s competitors, then I believe the token valuation will further increase in price as the exchange becomes more well known. Currently, the best place to purchase the tokens is on the Coss exchange itself.

At the time of writing this article, Coss has a current market cap valued at USD 67,226,634. It has a circulating supply of 62,787,554 COSS tokens and a total amount of 104,000,000 COSS tokens.

Tokens distribution
50%: IT Development, User Experience, Roadmap Completion
25%: Mergers and Acquisitions
10%: Marketing Plan
10%: Operations
5%: Shareholders, Board of Directors, Advisory Board

Coss Coin (COSS) Token Review: The Team

The Coss team is rather large and seems to be growing which is often a good sign that a crypto project is progressing. Below I have listed some of the team members, advisors, and partnerships.

Team:

Dan Cearnau: Team Leader and co-founder

Rune Evensen: Visionary and co-founder

Iulian Oprea: Technology Officer

Advisors:

Anson Zeall: Blockchain Industry & Community

John Bailon: Crypto Adoption Ecosystem Advisor

Mike Costache: Strategy / Investments

Partnerships:

SingaporeFintech.org
ARK
Civic
CardBlue
Access

Coss Token (COSS) Exchange Review: Marketing Strategy

This is an area that can likely be improved upon since marketing is essential for new exchanges. It would be nice if they could create more video content explaining the benefits of using their platform over other competitors.

The Coss team appears to be most active on social media sites such as Twitter and Reddit. They also can be found on the Bitcointalk forum where they have a massive thread.

Coss Coin (COSS) Crypto Review: Investment Analysis

 

Since the COSS token offers dividends, it will be an appealing token to hold for long-term investors. Its current token price is well below the recent all-time highs, I believe this could represent an excellent buying opportunity for crypto investors who wish to start accumulating COSS tokens while the cost is still cheap.

 

*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.*

 

Recent Reviews

IOTA
Ethereum
Raiden Network
BlockMason
Etherparty
Funfair
Status
Ambrosus
IEx.ec

BlockMason Credit Protocol (BCPT) Crypto Review

BlockMason Credit Protocol (BCPT) Crypto Review

BlockMason Credit Protocol (BCPT) is a Credit Protocol that is on a mission to democratize credit through immutable recorded debt and credit obligations among specified parties. BCPT functions on the Ethereum network and is an ERC20 based token that powers BlockMason’s Protocol.

Lndr the first demonstration of the potential of the BlockMason credit Protocol is in beta at the moment and serves as an intermediary for those who desire to send an unpaid debt to a friend or family member. On Lndr, they can confirm the debt, and the amount owed and then keep track of it all on the secure blockchain platform that allows users to view and record the obligations.

Use Cases for the Lndr platform include settling dinner bills between friends or recouping costs associated with a night out on the town when you decided to purchase concert tickets for friends who forgot to bring their wallet. Lndr is designed to settle social bills so that friends will no longer need to argue over who paid for meals, movie tickets, cabs, etc.

Lndr is just one example of a platform utilizing the BlockMason Protocol. BlockMason plans to launch many Dapps in 2018, so I expect the company to become increasingly more well known as people soon realize the possibilities of the Block Mason protocol.

When I review crypto projects, I like to cover critical areas that I believe are important to consider before investing significant sums of capital into a Blockchain business. Areas I will cover include:

* Introduction- What is the BlockMason Credit Protocol?
*The Team& Partnerships- Who is behind the company?
* Marketing- Are they following proper marketing strategies?
*Investment Analysis- Can this be a profitable investment?

BlockMason Credit Protocol (BCPT) Crypto Review: Introduction

So what is the BlockMason Credit Protocol? It is a credit protocol created by the BlockMason company. The CP is composed of four core sections such as Credit Protocol Data smart contracts, Credit Protocol smart contracts, a Use Case Authority Contract, and the Flux Capacitor Smart Contract.

Dapps can be built using the BlockMason Credit protocol, and it’s native token BCPT fuels the credit protocol. For a more in-depth technical analysis, please check out their whitepaper by clicking here.

Since BCPT is an ERC-20 based token, I would recommend storing it in a secure location such as myetherwallet.The BCPT token is not listed on many exchanges I would recommend using Binance to purchase BCPT tokens.

At the time of writing this article, the BlockMason credit protocol has a current market cap valued at USD 76,659,688 and a circulating supply of 45,166,200 BCPT tokens and a total fixed amount of 116,158,667 BCPT tokens.

BlockMason Credit Protocol (BCPT) Review: The Team

The team is composed of industry professionals and prominent individuals in the blockchain sector.I have listed some of the BlockMason team members and advisors below.

Team:

Timothy Galebach-CTO: Timothy is one of the three co-founders at BlockMason, and his previous experiences include starting his own company Almond Media Solutions Limited. He is a graduate in Computer Sciences at the prestigious Harvard University.

Jared Bowie-CMO: Jared is another co-founder of BlockMason he also serves as the managing director to Bowzed Limited and is a graduate in Philosophy at James Madison University.

Michael Chin-CFO: Is also a co-founder of BlockMason he currently serves as a managing director at Constance Capital Limited. His past work experience includes working with companies such as J.P. Morgan.

Advisors:

Anthony Diiorio: Is one of the Co-founders of the Ethereum network. He is also the CEO and founder of Jaxx Blockchain interface and CEO&founder of Decentral.

Yohan John Kim: Founder&CEO of NE partners and a Venture partner at Revolution Media, Inc. Yohan brings a wealth of experience in advising startups in the blockchain and financial sectors.

Partners:

Coral Health: BlockMason and Coral finance a subsidiary of Coral Health has announced a partnership. Together they aim to develop a reliable and decentralized system to recording debts and payments between patients, doctors and insurance companies.

BlockMason Credit Protocol (BCPT) Token Review: Marketing

BlockMason is making the right strategic moves it needs to grow a stable social media presence, but besides Twitter, they do not have a strong social media following. Given that this project is new and all of the Dapps that will be built utilizing the credit protocol I believe Blockmason will become much more familiar in the upcoming months of early 2018.

BlockMason often uses Twitter to announce new updates, and they have a blog where they frequently create new posts about major announcements and developments.

They are active on Github which is always something I view as a crypto investor since it often means companies are working hard at developing the project.

BlockMason Credit Protocol (BCPT) Review: Investment Analysis

I’m personally excited to see what 2018 has in store for the BlockMason Credit Protocol, and it’s native token BCPT. I believe that the team and it’s advisors will produce quality work and updates that will further increase the value of the BCPT token for crypto investors.

The fact that BlockMason is still relatively unheard of compared to other significant cryptocurrencies leads me to conclude that this might be an excellent time to start accumulating BCPT tokens. The BCPT tokens could potentially further increase in value as more Dapps and companies utilize the credit protocol.

(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.)

Recent Reviews

Ambrosus
Raiden Network
Ethlend
Etherparty
Request Network
Funfair
Modum
IOTA
Ethereum
Kyber

Ambrosus (AMB) Crypto Review: Supply Chain 2.0

Ambrosus (AMB) Crypto Review: Supply Chain 2.0

Ambrosus (AMB) Is a blockchain company that aims to provide a safer and more transparent supply chain management system that will result in an efficient supply system. Ambrosus focus is primarily based on food and medical supply systems since they are often vulnerable to contamination or fraudulent activities.

Some essential use cases that Ambrosus is trying to improve upon within the global food supply systems is food safety and contamination, food origins and tracing, logistic sustainable improvement.

Another vital sector Ambrosus aims to disrupt and improve upon is the pharmaceutical industry. Companies using Ambrosus technology will be able to prevent counterfeit medicine and ensure quality control such as medications are stored at appropriate temperatures from the country of origin to the final destination.

So let’s begin our review of this promising crypto company, and it’s potential as a cryptocurrency investment. In the Ambrosus review, I will be covering four key topics that I believe are necessary to consider before investing significant capital in a blockchain project.

The four areas that I will be covering will be the following:

*Introduction- What is Ambrosus and it’s native token Amber?
*The Team- Who is behind the crypto project?
*Marketing- Is Ambrosus able to increase brand awareness?         *Investment potential- Can the project be lucrative for investors?

Ambrosus (AMB) Crypto Review: Introduction

The Ambrosus network has a mission to provide efficiencies in the global supply chain. The company has a dedicated team of world-renowned experts in sensor technology, data integrity and supply chain management.

At the heart of the Ambrosus platform is an end to end integrative technical solution that has many attributes such as protocol layers and developer tools plus hardware and essential software.The Ambrosus protocol and software layer plus it’s distributed technologies operate on the Ethereum network and will enable data from IoT devices to be monitored on its decentralized system.

The native token Amber (AMB) is an ERC-20 compliant token that serves a vital utility service on the Ambrosus platform. The Amber token is the world’s first data bonded token that is utilized to gather environmental, biological and logistical information for the Ambrosus supply chain while attached to products in transit between counterparties. The Amber token can also function as a transfer of value on the Ambrosus network.

Ambrosus is an ERC-20 based token so it should be safely stored in a secure wallet such as myetherwallet, and the best exchange to purchase the Amber (AMB) token is on the popular Binance exchange. Ambrosus has a current market cap valued at USD 75,161,714 and a circulating supply of 144,590,975 AMB tokens with a total fixed amount being 361,477,438 AMB.

Ambrosus has a lower market cap compared to similar crypto projects such as Vechain.What this could mean is that the company in the future has the possibility and room to grow it’s market cap significantly as the technology and organization become more established.

For a more technical explanation of the Ambrosus network, you can view their whitepaper by clicking here.

Ambrosus (AMB) Blockchain Review: The Team

Many of the core team members reside in crypto friendly Switzerland. The team is rapidly expanding and at the time of writing this article is composed of twenty-two dedicated and highly driven individuals. Some of the team members include the following individuals:

Angel Versetti-CEO: Is an expert investor and has invested in numerous startups and cryptocurrencies. Angel has previously served as an advisor to the United Nations and World Resources Forum on investments in emerging sustainable technologies and social innovation. Angel is a world-renowned expert in innovative technologies and can often be found speaking at prominent blockchain conferences and economic forums.

Dr. Stefan Meyer-CTO: Stefan has a total of 20 years of industry experience in regards to R&D of food analysis, sensors, and data encryption technology. He has led R&D projects at large corporations such as Nestlé, MHM Microtechnique, and Vitargent Biotech and was a founding managing director at the integrative Food and Nutrition Center at the Swiss Federal Institute of Technology.

Dr. Vlad Trifa– Chief product officer- Is an internet of things pioneer Vlad is the Founder of Web of Things and former Head of Digital Lab at Swisscom. He has created numerous IOT platforms and solutions for fortune 500 companies and was selected as a top five expert in the IOT sector.

Prof Jean-Paul Sandoz-Lead Engineer: Is a highly regarded expert in the field of analog-to-digital signal processing for ultrasound sensors. He has over 40 years of industry experiences in sensor and microelectronics technologies.

I have listed a few notable advisors below:

Parity Technologies-Technical Advisor: They are behind one of the most advanced Ethereum client and wallet applications. Some of the Parity technologies team members were also heavily involved in the early days of the Ethereum network such as Dr.Gavin Wood one of the co-founders of the Ethereum blockchain.

Oliver Bussmann– Strategic Advisor: Oliver is the President of the Crypto Valley Association and a founder of Bussmann Advisory. Previous work-related experiences include serving as the CIO at UBS, CIO at SAP and CIO at Allianz North America & Mexico, in addition to having held executive roles at Deutsche Bank and IBM.

Partnerships:

Some Partners, supporters, and investors include Kenetic Capital, Parity technologies, Bitcoin Suisse AG. Many other interested parties are in contact with the Amborosus team but due to nondisclosure agreements that have been signed, they will not be able to confirm partnerships until details are negotiated and finalized. 2018 will be a massive year for the Ambrosus team, and I believe they will announce more partnerships in the upcoming months.

Ambrosus (AMB) Cryptocurrency Review: Marketing Strategy

Angel Versetti (CEO) has stated during a recent Reddit AMA that he plans to expand marketing efforts at the beginning of 2018 so we should see more strategies utilized to gain attention and supporters during the first quarter of 2018.

At the moment they have a blog where they post frequent updates in regards to Ambrosus developments. Their social media presence is not that large compared to other crypto projects but it is growing, and as mentioned above I expect this to change once they focus more on the marketing aspects in 2018.

Besides reading their blog posts; Social media sites such as Reddit, Twitter, and Facebook seem like good venues to find up to date information in regards to the Ambrosus project.

Ambrosus (AMB) Network Review: Investment Analysis

I consider Ambrosus to be one of the most promising projects of 2018 and given the strength of its team and advisors. I foresee increased adoption in 2018 for the Ambrosus network. The Amber token has a real utility case, and the team is composed of leading experts in its field. If the crypto market collapsed today in a similar style like the dot-com bubble then Ambrosus, in my opinion, would be one of the few companies left standing.

 

(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.)

Recent Reviews:

Ethereum
Iota
Raiden Network
Funfair
TenX
Kyber Network
Waves
BAT
Modum

EthLend (LEND) Crypto Review: Blockchain Lending Platform

Ethlend (LEND) Crypto Review: Blockchain lending

EthLend (LEND) is a crypto company with a mission to provide consumers with a fair and accessible decentralized peer to peer crypto lending platform while also running on the robust Ethereum blockchain network. The Ethlend platform utilizes smart contract technology, so the lending process is fully transparent and trustless. All of the borrowings on the Ethlend platform are secured with collateral such as cryptocurrencies and ENS domains.

I believe Ethlend could be a good investment for crypto investors in this review I will be covering key areas that I think are essential to consider before making a substantial investment in a cryptocurrency.

Key Areas that I will analyze in this review will be the following:

Introduction: What is EthLend?
The Team: Who is behind the project?
Marketing: Can the project attract users and adoption?
Investment Analysis: Could EthLend be a profitable investment?

Ethlend (LEND) Crypto Review: Introduction

Ethlend is a crypto to crypto decentralized lending platform, the company will not hold any of the borrowers or lenders assets. Ethland instead uses smart contract technology so that borrowers and lenders can exchange with one another in a fair and transparent manner. The lender receives collateral from the borrower, in the form of cryptocurrencies and ENS domains.If the borrower is unable to pay back the loan within the agreed conditions, the collateral is transferred to the lender via smart contract technology.

Lend is the ERC-20 token that can be used on the Ethlend platform holders receive benefits such as the following:

* LEND token holders reive 25% discounts on the platform (loan request fee and loan funding fee). Other cryptocurrencies can be used on the platform, but you will no receive this benefit.

* The LEND token provides access to features on the Ethlend platform that other cryptocurrencies are unable to access. Some of the features that are exclusive to LEND token holders are loan listings and email marketing campaigns for new loan requests.

*Ethlend will use profits from the transactions fees on the platform to buy back tokens and then reward them to borrowers and lenders. Also, Ethlend plans to pay users in tokens who refer new users to the platform.

Since LEND is an ERC-20 based token that runs on the Ethereum network one of the safest places to store them is in myetherwallet, and the best exchange to purchase LEND tokens is on the popular Binance crypto exchange.

Ethland has a current market cap valued at USD 59,668,098 with a circulating supply of 940,000,000 LEND tokens and a total fixed supply of 1,299,999,942 LEND tokens.

Ethlend (LEND) Blockchain Review: The Team

Ethlend has a relatively large dedicated team of 20-50 employees many who work on a part-time basis. I have listed some of the team members below:

Stanislav Kulechov– Is the founder of the EthLend platform he is a busy fellow since he is also pursuing his Master’s degree in law at the University of Helsinki.

Jordan Lazaro Gustave– Head of Management at EthLend his past work experiences include being a country risk analyst for ENGIE and co-founder of TextFugees a web-based application that allows organizations to communicate crucial information to refugees in their native languages.

Notable Advisors include:

Jon Matonis– Founding Director of the Bitcoin Foundation.

Wulf Kaal– A renowned expert in Blockchain Applications.

Ada Jonuse– Co-founder of blockchain app Lympo and previous work experience at organizations such as the European Parliament and UN.

Ethlend (LEND) Token Review: Marketing Strategy

Overall they do a good job with marketing they have a significant amount of followers on social media sites such as Facebook and Twitter, and they do seem to post/tweet frequently new developments there.

Ethlend has taken advantage of video marketing by uploading quality YouTube videos that explain the benefits of the Ethlend platform. I am often surprised at how many crypto projects often neglect to take advantage of YouTubes far reach.

One concern as a new user would be that when I click on the website’s homepage and click the Live Dapp link, it gives me an error message since I have not installed metamask. Although I realize I need metamask many new users will not know this. To attract more customers I believe the developers should fix this link.

Ethlend (LEND) Cryptocurrency Review: Investment Analysis

I expect that the token valuation will increase with adoption and new members joining the EthLend platform. Furthermore, with significant enhancements and features being implemented in 2018 on the Ethlend platform; I believe now might be an excellent opportunity to start accumulating the tokens.

Ethlend currently has a small market cap for a crypto project; I believe that the token will have lots of room to grow in price valuation. The company also plans to buy back the tokens; so that should provide an incentive for investors to hold and utilize the platform. For a more technical review be sure to view their whitepaper by clicking here.

(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.)

Recent Reviews

IOTA
Ethereum
IEx.ec
Status
Funfair
Kyber Network
Request
Raiden
Modum
BAT

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.

Recent Reviews:

Iota
Raiden Network
IEx.ec
STOX
Signals
Modum
Everex
Request Network
FunFair
Status
Kyber Network
Monero
ZRX
Waves

Modum (MOD) Crypto Review:Supply Chain

Modum (MOD) Crypto Review:Supply Chain

Modum (MOD) Is one of the few crypto projects on the market that already has a working product. They have successfully conducted a pilot study involving 43 companies tracking over 1,000 shipments with 500,000 data points.

I will be analyzing Modum, and it’s token MOD as a crypto investment. In this review, I will be covering four key areas that I believe are important before investing significant sums of capital into a cryptocurrency project.

The four critical highlights in this review will be the following:

*Introduction- What is Modum?
*The Team- Are they capable?
*Marketing- Can they increase brand awareness?
*Investment Analysis- Should I invest in this project?

So let’s begin!!

Modum (MOD) Token Review: Introduction

Modum is a system that utilizes the Ethereum network to provide data integrity and assist with supply chains for the pharma industry while maintaining a high level of data integrity, reliability, and independent verification process. The Modum system has many other unique characteristics that make it desirable for supply chain management. Modums systems and solutions assist companies to produce compliance with GDP regulations while utilizing blockchain and Internet-of-Things (IoT) technology.

The Modum token is an ERC-20 token that runs on the Ethereum blockchain and gives users voting rights. Token holders can vote to determine if the objectives of the project were achieved or not. Modum token shareholders also benefit as they earn dividends from the tokens they hold.

Modum has a current market cap valued at approx USD 36,919,847 and has a ongoing supply of 17,366,200 MOD tokens and a total quantity of 27,266,200 tokens.

The best place to store the ERC-20 MOD tokens is in myetherwallet and the most user-friendly exchange to purchase the tokens is on Binance since the fees are low and the platform is simple to use.

Modum (MOD) Blockchain Review: The Team

Modum was formed in Zurich, Switzerland in 2016. The Modum team is up-and-coming they have won significant awards such as taking first place in the Kickstart Accelerator competition in 2016 Modum was chosen over 85 other companies from across the globe.

The Modum team is composed of thirteen team members and five advisors. Notable team members are as follows:

SIMON DÖSSEGGER-CEO– Masters in Robotics Engineering and past work experience as CEO of skybotix and management role at GoPro.

DR. STEFAN M. WEBER-COO– Ph.D. holder in experimental physics and is knowledgeable in the fields of the supply chain, sensors, and IoT.

PROF. DR. ERIK HOFMANN-Advisor- Currently works as the Vice-director, Supply Chain & Logistics Management, the University of St. Gallen.

Partnerships: Schaer Pharma, University of Zurich, Variosystems, Validity Labs, Lykke.

The Modum team is currently hiring which can often be taken as  a good sign.I prefer investing in crypto projects that are hiring as it usually means they are developing and growing the business.

Modum (MOD) Cryptocurrency Review: Marketing Strategy

Modum has an active presence on social media sites such as Twitter and Reddit. Besides these two outlets, you can find essential updates on the news section of the Modum website they seem to update investors frequently there.

They do a pretty decent job at marketing, but it would be nice if they could update and attract more investors by creating more videos on Vimeo and other sites such as Youtube.

Modum (MOD) Crypto Review: Investment Analysis

I believe Modum has a first mover advantage over fellow blockchain supply chain competitors such as Ambrosys, Provenance, Chronicled, WaltonChain. One of it’s strengths is that the Modum system is blockchain agnostic so it can run on other blockchains such as NEO, EOS, Waves, etc.

I believe that Modum could be beneficial for long-term investors as the low supply of tokens and market cap means that the token valuation has lots of room to grow. Also, users who hold MOD receive dividends which make this an appealing crypto to hold.

For a more technical analysis, you can view their whitepaper by clicking here.

(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.)

 

Recent Reviews:

IOTA
IEx.ec
Raiden Network
Status
Funfair
BAT

Binance Coin (BNB) Crypto Review: The Traders Coin

Binance Coin (BNB) Crypto Review: The Traders Coin

Binance (BNB) is quickly becoming one of the most popular crypto exchange platforms, and BNB is the cryptocurrency that you can use on the Binance platform which offers traders discounts when holding the BNB coins on the Binance exchange. Binance is increasing in popularity due to listing sought-after cryptocurrencies such as IOTA and Raiden.

I will be reviewing BNB as a crypto investment and will cover four key areas that I look for before investing in crypto projects.

The four highlights of the Token review will include:

* BNB- Introduction
*The Team- Who is behind the coin?
*Marketing- Do they market the coin well?
* Investment Analysis- Is this a profitable investment?

Binance Coin (BNB) Crypto Review: Introduction

Binance is among the top cryptocurrency exchanges in the crypto world it has all of the main features investors like to see in an exchange such as support for trading pairs with all of the significant coins (BTC, ETH, LTC, NEO), multiple languages, multiple device platforms, simple user interface.However, Binance does not provide fiat (e.g., US dollars). Instead, they focus solely on crypto-to-crypto trading.

The Binance Platform issued its own ERC-20 token BNB that runs on the Ethereum network. BNB provides traders with a 0.50% discount on trading fees when using the exchange for the first year and offers substantial discounts yearly for a total period of four years. Binance uses 20% of its profits to buy back and destroy BNB tokens each quarter until a total of 100 million tokens are burned. Investors could see a rise in the token valuation as the token supply dwindles and becomes more scarce.

The Binance coin has a current market cap valued at USD 204,334,202 and a circulating supply of 99,014,000 BNB tokens with a total fixed supply of 199,013,968 tokens.

The best place to purchase and store BNB tokens is on the Binance exchange itself since it allows traders to receive 0.50% discount when trading cryptocurrency pairs such as Bitcoin to Ethereum, etc.

Binance Coin (BNB) Token Review: The Team

The CEO of Binance is Changpeng Zhao he has been active in the crypto space for many years he is also the founder of BijiTech and co-founder of OKCoin a famous Bitcoin Exchange. Other notable figures include the chief marketing officer Yi He, a top cryptocurrency advisor in China and also co-founder of the OKCoin exchange.

The team has a very close relationship with NEO the popular crypto blockchain, and users of the Binance exchange can withdraw NEO and Gas for free without having to pay any extra fees, unlike other crypto exchanges.

Binance Coin (BNB) Exchange Review: Marketing Strategy

The Binance exchange markets itself quite well, in turn, helping promote its token. Binance often holds contests for top traders of specific altcoins. Binance has a large following on social media sites such as Facebook and Twitter.

The token pretty much markets itself and appeals to investors and traders primarily because of the discounts it offers and the increasing scarcity of the token.

Binance Coin (BNB) Cryptocurrency Review: Investment Analysis

The Binance coin has a utility case, and it indeed provides the incentive for investors and traders to hold the coin. However, I believe it only stands to benefit frequent users of the Binance platform. Furthermore, due to the burn rate in each quarter, I think the tokens will increase in value but not as quickly as other crypto investments could. A good possible strategy to follow might be to hold a couple of tokens on the exchange to reduce your trading fees.

(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.)

Recent Reviews:

IOTA
Raiden Network
IEx.ec
Kyber
Monero
Etherparty