A BRIGHT FUTURE FOR ENIGMA CATALYST
Welcome to our very first, "Back to the Feature!" Where we will shine a spotlight on a project we picked up in the past and share information on its performance, history, and current status.
Back to the Feature - REDISCOVERING A PROMISING PROJECT "A BRIGHT FUTURE FOR ENIGMA CATALYST."
Based on a groundbreaking MIT thesis, Enigma solves blockchain’s scalability and privacy issues. By building a second-off chain network layer, using "secret contracts", Enigma is allowing data to be processed by nodes while being kept private. Enigma has created a truly decentralized solution on which innovative applications can be built.
One such application is Catalyst, which is a platform for data-driven crypto trading and investment. It is just one of the many potential application on the protocol. It has been reported that there are currently 6 application being developed at this moment.
Enigma has been working hard to develop their protocol and their platform. Please see the linked article to understand the amazing future that Enigma Catalyst has to offer. Why Enigma’s Privacy Protocol Will Power Our Decentralized Future? Six real world applications for Enigma beyond Catalyst.
Video Sneak Preview of the Enigma Data Marketplace
Enigma has also discussed offering a masternode system in their whitepaper however, they have not yet implemented it. The current Reddit community is heavily speculating that 10000 tokens to run a full masternode but we can only speculate until Enigma reveals their plans.
Latest News: We Are Launching the Enigma Data Marketplace
To learn more about Enigma Catalyst please visit their: Website and Medium Blog
Brief Trading History
Enigma (ENG) was released from ICO on October 2017. People from Ether Delta were able to pick up ENG at $0.63. Enigma saw a two day growth, reaching $0.75 before succumbing to the status of the bear and the heavy FUD attacks on their telegram group. ENG dropped all the way down as low as $0.30 in November. However, Enigma saw daylight when it got listed on Bittrex and the price went from $0.30 to $0.73 in a day. Today, February 29, 2018, ENG is now at $3.14 and it is still very early, in it's infancy. This project will reach more multipliers as it continues to grow and achieve more accolades in the coming months. I have been very impressed with the development so far and have faith that this MIT team will be able to achieve their goals.
Remember to research before investing and do not invest with scared money. This is not financial advice but my educated opinion. It is important that you do your own research and due diligence as we are not financial advisors.
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interesting and informative :) i enjoy while reading about crypto
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