Blockchain technology extends far beyond currency and while the phrase “Bitcoin” is becoming a popular buzzword we are still in the infancy of Blockchain technology and that’s extremely motivating. In this crazy unregulated, penny stock, foreign exchange hybrid market there are many ways to evaluate a project.
Today I’ll be giving an un-biased overview of various utility-based projects. This is an ongoing list so please feel free to suggest any coins you would like me to add and provide your feedback in the comments section. My goal is for us to pool our knowledge of these projects together and make an informed decision whether or not to invest. Oh… and don’t hold back any punches.
Scope: The criteria for this list are projects that serve some purpose other than decentralising currency and have a reasonable maximum coin supply. They must provide a white paper, roadmap and a public git repository.
Limitations: This list doesn’t factor in market analysis, community support, partnerships or my personal opinions.
Stratis (STRAT)
Allows applications to be developed, tested and deployed on the blockchain using the C# programming language. The Stratis Academy provides an extensive knowledge base and resources for developers. The website provides use cases for real-world applications such as scientific publication tracking. Price: $4.75. Max coins: 94m.
ARK (ARK)
SmartBridge technology allows easy deployment of custom public/private blockchains allowing different blockchains to be bridged. They offer a physical card system and media transfer protocol, which allow users to share audio and video. Price: $0.47. Max coins: 127m.
Ubiq (UBQ)
An early fork of Ethereum that provides smart contracts and the ability to build apps on the blockchain. Price: $1.09. Max coins: 50m.
Mysterium (MYST)
VPN on the blockchain. Essentially an improved version of the tor network that is build on the backbone of Ethereum. It will likely generate tokens from allowing your machine to be used to route traffic when you aren't using it. If not, it should. Price: $0.75. Max coins: 32m.
Waves (WAVES)
A multi-currency wallet, decentralised trading platform offering crowd-funding, voting and an encrypted messenger. All transactions performed on this platform are fuelled by the Waves token. "Gateways" are multi-currency tokens that can hold shares in companies, commodities and both fiat and crypto currencies. Price: $2.70. Max coins: 100m.
Iconomi (ICN)
Digital Assets Management Platform. It's marketplace for digital assets that allows users to manage assets and create a Digital Asset Array (DAA). Transactions are done transparently on exchanges by Iconomy and the coins are stored in their secure offline wallets. Price: $3.06. Max coins: 100m.
TenX (PAY)
TenX provide a debit card with an accompanying wallet, which can be funded by an ever-growing range of cryptocurrencies. Their physical and virtual debit cards can be used in almost 200 countries at over 36 million points of acceptance. To achieve this they leverage the COMIT network, and COMIT Routing Protocol and Cross-chain Payment Channels. Price: $0.90. Max coins: 200m.
Ionomy (ION)
A gaming platform that rewards you in crypto currency. Their games are available on mobile devices. Only one game exists currently but there are four in development. Price: $1.34. Max coins: 21m.
Blocknet (BLOCK)
The Blocknet aims to be the "internet of blockchains". It links blockchains together via a network overlay, a blockchain router and a p2p data transport, which could open up a world of possibilities in crypto. From what I gather it will appear as a blockchain "wrapper" and appear as a single entity on other platforms. They are currently bringing a decentralized exchange to market. Price: $10.50. Max coins: 3.9m.
Expanse (EXP)
Fork of Ethereum. This is a Blockchain-agnostic, community-based project. Expanse’s projects include services for identity (Borderless Identity Management System), equity (Tokenlab), commerce (EscrowLab), governance (DAOLab) and charity (Borderless Charity). Price: $1.69. Max coins: 16.7m.
Sky coin (SKY)
They aim to build a "rich ecosystem” on the Skywire network including a social media platform and a VPN service. Aether is their bit-torrent-like peer-to-peer network. Price: 2.99. Max coins: 100m.
Bitmark (BTM)
Implements Marking, which is a tipping system similar to Reddcoin that can be used in a variety of applications. They aim to integrate Marking into blogging, community, file-sharing, version-control, project management and crowd funding applications as well as in games. Price: $0.39. Max coins: 27m.
Visio (VISIO)
Media storage and distribution on the blockchain. This includes an online video sharing platform and wallet-to-wallet encrypted messaging. Their GUI prototype is reminiscent of Netflix. Price: 0.039. Max coins: 62.6m.
Shift (SHIFT)
Aims to be a decentralised web, starting with a file sharing platform and peer-to-peer content storage. They wish to rid the internet of advertisement, tracking and data mining. Price: $0.69. Max coins: 11m.
Lisk (LSK)
Platform for building decentralised blockchain applications using the Javascript language. Each app will run in its own side chain to ensure scalability. Lisk are currently developing their SDK. Their documentation will be strengthened by the addition of the List Academy. Price: $1.79. Max coins: 110m.
Particl (PART)
A crypto-currency-agnostic, decentralized marketplace that aims to free the market of the fees charged by middlemen in current, centralised online marketplaces. Particl addresses the issues with anonymous marketplaces and plans to avoid becoming the next silk-road by employing a self-governance system. Price: $5.30. Max coins: 8.6m.
Radium (RADS)
Provides a SmartChain that facilitates identity generation and file hashing along with verification of identities and files. Price: $3.28. Max coins: 3.3m.
CounterParty (XCP)
An asset protocol on top of Bitcoin, using a fork of the Ethereum Virtual Machine for their smart contracts. Offers custom token creation, app-deployment and an exchange. There’s also talk of betting and financial derivatives. The lightning network will be employed for faster transactions. Price: $8.68. Max coins: ?.
CureCoin (CURE)
The Proof of Work algorithm for securing the blockchain involves running mathematical algorithms computer hardware. CureCoin utilizes this processing power to perform protein-folding. Miners actively contribute to research into curing diseases like cancer, preventing viruses and designing pharmaceuticals. Price: $0.14. Max coins: ?.
Decent (DCT)
Decentralised content distribution platform for publishing media and deploying apps. Price: $0.87. Max coins: 73m.
Elastic (XEL)
This new-comer provides super-computing on the block chain using the Elastic programming language, which is a limited version of the C language. Why? It avoids exploits, endless loops and data leakage.
Neo (NEO)
This is China's first open source blockchain project. Serves as a Smart Assets platform, which are a combination of Smart Contracts of blockchain and digital assets. Neo are just days away from their official re-brand from Antshares to Neo. This will be accompanied by their new website and road map.
… to be continued
Donations
BTC 1MBQJ6G78DuNifaerbqxiwEFz12CnmCYDy
LTC LVSR3E6cf6naDYvcC6Y5YNWaUKNMBYdSXV
DASH XrBWNj1XY9ZN7nLnCiuLKoUyoeuLKyhDsN
ETH 0x4b705e572b7d8ea6ef1ffa187363003eec2e514f
Please up-vote and re-steem this post if you'd like to see more material like this in the future.
Thanks for the crypto list given by you.
Thanks for the generous BTC tip, who ever you are! I'm surprised it made it through today amidst the fork madness.
Thanks for mentioning Expanse. :)
Pleasure. I learned there was a lot more to Expanse than I realised. Keeping a close watch.
I would add onG coin to the list. Even though it's ICO has not yet started (starts on 11.08.17) it already has a working social media platform behind it called onG.social. IBM is also backing this project.
Agreed. This list has lots of undervalued coins from young projects. Ong coin belongs in that list
I'll add it if you re-steem?
Done :)
Legendary. Thank you. Time to research...
You are right anteroh ! ong.social has a real product and many users already using it. and it's adding more technologies over time. just check their website everybody for detailed info.
I have been seeing more and more onG enthusiasts! Definitely a great platform to get rid of censorship on social media
Yeah, migutip's right. I've also created a profile on onG and it looks pretty neat. Like their policy and that they are directly challenging mainstream social media : )
It is good to see so many positive comments abt ONG. I heard abt it from few frnds. I will be participating in the ONG ico
Thanks for the information of everything on your list it was Mystery (MYST)
VPN on the blockchain that caught my attention. That's not a bad idea :D I should look at it
For a first article, its a VERY good one. You've chosen the right subject aswell. Keep it up
Thanks, mate. First article anywhere, ever in-fact but it was great putting my research to good use. :)
Iconomi not Iconomy ;)
Thanks for that. I probably have a few mistakes in there. First article. Ever.
Expanse is the future.
This comment is based purely on the fact that its the only one i hold!
I hope you haven't put all your eggs in one basket...
No, i do hold others, just not any mentioned in your post. At the moment at least.
This is a solid list and all are worthy of research for long positions.
You'll want to check out BAT as well.
Blocknet only has 3,960,822. The rest of the coins are burned. This is the burned address: https://chainz.cryptoid.info/block/address.dws?1374.htm
thank you
Put a picture up bad boy
Good call.
Thanks mate!
Awesome list!! Wheres omg and kmd?!?
I've started looking into KMD but from what I can see OMG is just another coin. I'm still unsure what the hype is all about as they don't bring anything new to the table from what I can tell.
OMG is a phenomenal project that is already functioning in the real world on a level far above any other project on the list in this article. This article was good...great list, but I'm quite surprised to see OMG left out. OMG is bridging the gap between banks, merchants, and users. They operate specifically in Thailand and Japan at the moment. They've recently announced a deal to process payments with McDonalds in Thailand... probably a decent amount of funds set to flow through their network. The project has a handful of the original Ethereum Devs/founders involved, which is enough to let your know it's got legs. It's not coincidental that it's one of the top performing coins in the market within the past week during this crazy bull run we've had.
Couple others deserving to be mentioned... Ardor, Augur, Factom, and IOTA.
I would add IOTA and EOS to this list as ones to watch, definitely check them out if you haven't already!
Nice work mate, great write up
Thanks. Would you mind re-steeming it? As it's my first post It's not getting much attention from Steemit members.
Nice post, but what do you think is the best strategy to minimise risk and maximise rewards when investing in these projects ?
That's a difficult question, I suppose the answer starts with choosing which projects to invest in as I definitely wouldn't want to invest in all of them due to how spread your funds would be. I'd start employing some of the things mentioned in the "limitations" section of my post to make a short-list. Side note: would you mind re-steeming this? It's my first post so nobody on Steemit can actually see it. :(
thats a pretty nice post (y) upvoted ya
thank you dear so much for upvoting my post
I follow you now
Iconomi will by the way also provide a debit card where you can pay with individual tokens as well as your funds in your indices
Hi! I'm the Founder of Tetlas www.tetla.org an alternative currency that operates in physical form for the past 5 years here on Vancouver Island, BC Canada. (See Media page for more details and newsclippings) - Tetlas also exist on the blockchain through the counterparty exchange. In addition to Tetlas we are working on FutureCredit project : See futurecredit.org for details on where we are planning to go with that. Although I have been managing a physical alternative/local/complimentary currency for 5 years I am brand new to buying and selling crypto-currencies. It's exciting to me though. I thought you might be interested (based on this post) to see what we are up to! Cheers.
I am Cornholio! (Whoa! Hm heh... that was cool) I need T.P. for my bunghole! Come out with your pants down!
Nicaragua....aqua for my bunghole.....arriba...
Good job. I wasn't aware of most of these projects.
Then I've achieved what I wanted. I'd appreciate if you left any opinions you have on these projects if you do check them out. Good or bad.
Heya, nice post. You might want to check out Swarm City & add them, to me one of the most promising of the moment. They are building an entirely decentralized commerce platform and are currently live and new releases are planned. More info on http://thisis.swarm.city
They are currently strongly undervalued, a.o. because their project got hit badly by the #parityhack, they lost most of their funds, but are going strong, they can use all support.
Disclaimer: I've invested a bit in SWT, but am not being paid by the team.
Thanks for that. I'll try to find more info on them. When I tried to last time their website took me straight to a sign in section. Perhaps it was the wrong website. No need to worry about the disclaimer as this is not an opinion piece and any platform-based projects are welcome. I'm just making it easier to find them amongst all the hundreds of BTC clones.
You forgot LBRY! (LBC) https://lbry.io
Good call! I'll research it.
Upvoted! Good post. There's just two that I believe should be on this list. Veritaseum (VERI) and Basic Access Token (BAT)
Added to my list of coins to research. I'm particularly interested in Veritaseum as I have no idea why it took off the way it did. It seems a little suspicious to be honest.
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STOPPosts with a quarter of the views and up votes earned 100x as much. I'm confused.
Check the Faq section, views give nothing back but visibility, and votes are regulated by Steempower.
Welcome!
I had a flick through the faq and I still don't quite understand how Steempower regulates votes. My Steempower, other people's? Since going from 40 to 60 votes I received about 1 cent.
https://steemnow.com/ this will answer to your questions, you can check all the users
Excellent!!
wow..thanks for the info. I will invest some good ones..
Thanks @lukeallison for the uber valuable information.
Always wonderful to have illuminating posts such as this.
Keep um coming!
Cheers, from @universalway and crew
Also,
what about BAT, EOS, LBRY
My next post will feature them, Ok? Just need to find a way to actually make money from this first as I made $3.00 from two days of research this time.
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STOPNice man! You forgot shitcoin and Bitcoincash :D
Seriously though, solid post and I want more!
I am personally using Crypto Agent Services.
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Just check it out, read support section and you will understand why people so excited about their services.
yeah. give it a try and be open for many new money balances in the future. dont stay in the past. try to jump and generate non goverment life balance..!!! ;)
Did you know that if you put Lisk in your Lisk wallet and vote for 101 delgates you receive free Lisk(money!)!?
You can earn 22.6% interest per month if you specifically vote for these members: http://howtoearnlisk.tk/#votingrounds
Nothing makes me less interested in a project than comments like this.