What is CPChain (CPC) Potential Hidden Gem?
What is CPChain (CPC)
CPChain is aiming to be the next generation of IOTA, for IoT (internet of things). IoT is the interconnection of devices with the internet, and thus can be applied to the blockchain. They want to fix bottle neck problems, cost, security, and privacy issues, which are the big tasks for the emerging technology. These problems are preventing scaling. The adoption of IoT technology depends on them being solved. Does CPCHain hold the key?
What brought my attention to this project at first were their partners:
- Vechain (VEN/VET)
- QTUM
- High Performance Blockchain (HPB)
- Metaverse (EPT)
It may be some of these projects are looking for an IoT blockchain that is able to scale with their project! For instance, Vechain, is looking at protecting goods such as wines, luxurys, counterfeiting of cigarettes etc, by guaranteeing their authenticity via the use of the blockchain. However, they will need an IoT technology that can scale with them, step in CPChain?
CPChain the next Generation of IoT blockchain solution?
Their core features as stated on their website are to be scalable, secure and Fast. If they are going to be working with projects like Vechain, they will need to process thousands of items in this manner. They have already completed part of their development for distributed cloud architecture and consensus protocol. The crowd funding will allow them to launch at full scale, which is expected in Q3 2018.
Market
CPChain was funded privately for 30 million, and I believe there are about 100million tokens in circulation. The minimum investment amount was 100ETH which tells me its backers must be extremely confident in the project and expect it to succeed.
Market Data
Price: $0.22
Circulating supply: 230 million CPC (Estimated no one knows yet)
Total Supply :1Billion CPC
Only available on IDEX/Etherdelta. Bigger exchanges expected soon
https://coinmarketcap.com/currencies/cpchain/
At the current price the market cap sits at just 22million, (we are in a downward market atm). If this market even grabs just 10% of the market cap of its leader IOTA, that will be a 10X increase! So, the potential is huge. But little is still known about the company.
If you would like to read more about them check our their website and social media links!
Website: http://www.cpchain.io/
Twitter: https://twitter.com/cpchain_io
Telegram: https://t.me/cpchain
Thanks for Reading
Disclaimer : All investing is speculative. This isn't financial advice. Just one man's opinion of a complex fractal world with infinite variables, affecting the system, at exactly the same time.
If you would like to buy Vechain it is available on Binance.
sounds interesting!
what do you think about their team?
and how are they better than iot chain?
There isnt a great detail of info yet, 3 members on the website. They seem to have a lot of talent from some top universities . Time will tell with this project. It could be one of those giant sleepers.
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CPChain really have a big potential on cryptoworld and now it has been listed on KuCoin and giving free token. See this https://twitter.com/kucoincom/status/1021696542816620544
I already saw the news regarding on the listing and I also saw this one on kucoin https://www.kucoin.com/#/rank/CPC but I don't reaally know if this is important or what the purpose of it but for me this is not really relevant on the project itself
CPC has now caught the attention of many traders and investors, especially these days because of the improvements they've made. Partnerships, exchanges and many more. Like being listed on kucoin and giving away free coin, check it here https://www.kucoin.com/#/rank/CPC
listed on kucoin https://twitter.com/kucoincom/status/1021696542816620544 but still no good reason to invest on this project.