Investing in coins I don't currently have. $100 a week for at least 10 weeks. Giving away free crypto each time I invest.

Week 9 - Rise.Vision (RISE)

Market Cap - $16,266,023
Price - $0.143770
Supply - 113,139,200 RISE coins
$100 nets ~696 RISE
https://rise.vision/

What is Rise?

RISE is an ecosystem for developers, businesses, tech startups, investors and device users. At the heart, RISE offers a platform for Decentralized Distributed applications, Smart Contracts and Side-chain/token asset creation, powered by a Delegated Proof of Stake (DPoS) blockchain. Usually I try to summarize in my own words but a copy paste from the website is really the best way to introduce them.

What Rise is looking to do is be the back end for companies and users that want to create their own decentralized applications. They want bring DAPP creation and smart contracts to the everyman, not just skilled developers. They will do this with SDKs (Software Development Kits). In case you are unfamiliar with them, SDKs are kind of like the difference between building a website from code and building a website with easy to use templates and drag and drop pictures. There are some other notable cryptocurrencies that are working on releasing SDKs. Lisk, the blockchain that Rise started from, being the highest in market cap. Ark is another coin working on bring easy to create dapps and blockchains to the forefront.

It's strange to see a platform so low in market cap, I know. Especially one that's been around for over a year. Some of the devs that started Rise (or maybe just one, I don't remember) left Rise and it took them some time to find a new developer. They don't have current whitepaper or roadmap, but they are being worked on. They have had some development progress recently in their revival. They shifted their network from Lisk to a hybrid of Ark/Shift, and have had help from the members of both Ark and Shift. They also redid the website, launched a forum and released a JavaScript SDK. So they are active. I look at it as if they just started a few months ago with the Ark/Shift friendship.

The reason I ultimately decided Rise was worth my time and money is their Incubator Service. They help build blockchain startups from the very beginning. From concept to launch, Rise is active in smaller startups. For this service they receive a percentage of that startup's initial coins/tokens. 30% of a startup's coin release is given to the Rise team. They keep 10% for the development team and give 20% to the Rise token holders. So you automatically take part in an ICO for free. As of present there are 4 projects lined up using their blockchain incubator service and there will be a competition announced for future projects whereby people can pitch them their ideas and they will help finance and build the most promising of them.

Here's a little infographic from their website detailing their main features.

Always do your own research, but I think this might be one to keep an eye on!

I will be giving away 175 RISE tokens. Just leave a working RISE address in the comments by Friday, September 1st and a winner will be chosen at random.

Week 1 - Gridcoin
Week 2 - BitBay
Week 3 - WeTrust
Week 4 - Vertcoin
Week 5 - Swarm City
Week 6 - Storj
Week 7 - LBRY Credits
Week 8 - Quantum Resistant Ledger