Radium (RADS), Up 996% in Three Months, Should You Invest?

Just three months ago you could have bought RADS, the cryptocurrency of Radium for $0.56. Now it’s trading at $6.14. I’ll examine whether there’s more upside ahead or better opportunities available.

Radium is a proof-of-stake based cryptocurrency. It can run on any operating system and you can use Radium as a BaaS platform on Azure, AWS, and Docker. The Radium SmartChain is a data-layer on top of the Radium blockchain which provides advanced blockchain file verification and identity functionality.

Radium Core is the primary wallet and acts as the backbone of the Radium SmartChain. It also offers a user-friendly GUI.

As a PoS blockchain Raidum generates a block every minute, and at this time one coin per block. Right now the current coins outstanding is 3,266,844. Based on my calculations RADS would have an inflation rate of over 16% over the next year and then around 14% the following year.

Radium has a small team, you can find some information on it here. Only a couple choose to reveal their real names. I also check commit activity on GitHub, not much going on.

Another concern is that the Radium SmartChain is not open-source. Only Radium Core is open-source.

Not much is going on in the news with Radium, although they did start a relationship with the House of Blue Jeans in the Netherlands to accepts RADS for payment.

Overall I think there’s better projects to invest in. Personally I prefer Factom, which I wrote about here. If I held RADS I’d take the profits and run.
What’s your thoughts?

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