Top 10 Cryptos of the Future (Aug 12th, 2017) - A weekly ranking of the best place to put your money in the CryptospheresteemCreated with Sketch.

in #cryptocurrency7 years ago (edited)

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#1. SWARM CITY is actually my entire Top 10 this week! I almost just had #1 thru #10 = SWT Connecting buyers and sellers in the most efficient means necessary and enabling commerce between them is an excellent example of the amazing potential of blockchain technology to transform our world. Swarm City is building that online ecosystem to enable this economic leap forward where buyers and sellers can freely transact without centralized interference. This week it was announced about the new Chasyr ride sharing app that will be challenging the dominance of UBER in a market that is growing very rapidly. I'm very excited for the potential this team has for shaping the future of commerce and I strongly believe SWT will see 100x to 1000x gains from these current levels!! If you don't own anything else, at least buy some SWT. Even if it is just $100 or $500, get'em and hold'em folks because this could easily get into the billions of market cap!

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#2. STEEM should not be hard to promote on this site. The people who are here can see that the future of social media needs a dose of social justice and accountability that only blockchain technology can provide. No one likes a bully, whether that bully is on a playground in school, or the CEO of one of the largest companies (monopoly) in the world. Society doesn't always act fairly for everyone all the time, but with distributed power, comes a sense of fairness and justice that allow us to advance together. This community and movement will only continue to grow. Right now, STEEM is incredibly undervalued in my opinion. This platform is experiencing phenomenal growth and will most definitely be heading to a valuation in the billions soon. Crossing over 300,000 users this platform should really start to grow exponentially. A lot of people will soon start to see the value in this platform and get on board. This is an excellent investment at these levels!

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#3. EXCEL is coming out of nowhere this week and I'm sure most of you have never heard of it. However, I am very excited about this coin and the potential it has for the future! Excel is a coin creation platform that helps to launch new crypto coins into the market. They provide everything from intial coin creation, wallet development, ICO services, and help in launching the coins onto an exchange to trade publicly. They will soon be adding a jobs posting board where anyone with skills can offer to work and help develop the coins. The thing I really appreciate about EXL is the competence and responsiveness of the development team. Although they remain anonymous, I can tell you these are very experienced programmers with a lot of industry experience and connections. EXL coin recently started trading at around $100,000 marketcap on NovaExchange and the ICO is still in progress for the EXL Tokens which are used for voting on various proposals and purchasing the newly minted coins on their website. I am loading up at these low levels with the confidence that this team has the skills it takes to make something very valuable in the future. This is a fraction of a penny coin that could easily reach $1 in the long run!

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#4. LIBRARY CREDITS is positioning themselves to be the "Netflix of Cryptos". Their vision is to use the blockchain to remove the middlemen from artistic content distribution. Imagine unlimited music, movies, and other multimedia available at the click of a mouse without any centralized controlling corporation (monopoly) to censor, tax, extract fees, or force their advertisements down your throat. LBRY will connect artists directly with their customers offering unlimited flexibility in distribution which should benefit both creators of original content and their audience. This company has a long ways to go to get mainstream adoption, but if they are successful, it could add a couple zeroes to the end of their valuation. Every time this coin dips, just buy it and wait to cash the check!

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#5. STRATIS is positioning themselves to be the go to blockchain for business company. Yes, there is and will be a lot of competition in this arena with such established companies as Microsoft and IBM realizing they need to support blockchain technology as a service for corporations. However, there will also be a lot of money to go around. Every major company will soon be upgrading their accounting department, legal, human resources, supply chain/logistics and other departments with the power and efficiency of the blockchain. This represents a multi-billion dollar opportunity for those who are ready to take on the challenge of corporate integration. STRAT has created the ability for companies to create their own private side-chain from their main blockchain network. This is exactly what every major corporation will need, so they are in the right place at the right time with the right product.

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#6. GEOCOIN is a hidden gem of a crypto! The downside is the development team seems a bit small and quiet at the moment. However, this idea is pure gold! Combining crypto currency with geospatial data is going to be a game-changer for multiple industries. I will not elaborate further at this time, since I plan to accumulate more while this "on the grid" coin is still off the grid of most investors! Hard to imagine a way that this doesn't increase 100x from this level. Interesting coincidence there is a movie called "GeoStorm" coming out in October... Might be a good time to own GEO! There have been hints at a new version of the app to be released soon.

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#7. CHRONOBANK is another unique application of the transformative power of the blockchain technology. They seek to update an industry that is very outdated and clumsy, the recruitment industry. I have personal experience about how terribly ineffective the current process is, even for major companies, to find and keep the talent they need in today's economy. This is an extremely large opportunity and Chronobank appears to be very ambitious in the various potential markets they are looking to disrupt. This won't stay at $13 million market cap for long.

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#8. HUMANIQ caught my attention this week because they appear to be working on a noble cause. That is to help the 3.5billion people who are not able to fully participate in today's global economy, finally get plugged in through the use of blockchain technology. This is not only a HUGE opportunity, but also a worthy cause. For the first time in history, cryptocurrency is enabling a great leveling of the economic playing field. There is no reason why this technology cannot be shared with everyone including those who have for generations been marginalized by our modern banking institutions. HMQ encourages their uses to join the Humaniq Forum — a public discussion board for entrepreneurs around the world. Connect with other entrepreneurs, find beta users, learn from experienced founders, and get advice on how to overcome early challenges. This is a great idea that will lead to enormous economic growth that will benefit the entire world!

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#9. LOMOCOIN remains on the list this week mainly because I had been dreaming about an app that matches their whitepaper and I was elated to finally find a crypto that is actually pursuing it! LoMo is basically a location based app that uses GPS coordinates to link customers with businesses and incentivize their patronage via geographic prizes. Sort of like a treasure hunt using your smart phone to find the treasure. Remember Pokemon Go game? And the craze that it started with people roaming around trying to catch worthless Pokemon? Now imagine the same infrastructure with REAL prizes to be gained such as cryptocurrency or free dinner at a local restaurant. Did I mention LoMo already has 300,000 users in China and plans to roll out v2.0 of their app in the next couple weeks? They are also starting an exchange (new ICO) called XSTAR that will allow transaction in many popular cryptocurrencies. This is almost guaranteed to be worth BILLIONS in the future IF the team executes.

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#10. PATIENTORY is yet another unique application of blockchain to a field that desperately needs an overhaul. Free and easy way to store and manage your health information and get the best answer to any healthcare question. Complete, accurate, secure, and readily available medical records is a big challenge. If PTOY can streamline the healthcare process, that will be worth far more than it's current market cap of $25 million! The advisory board includes CEO/Founder of STORJ and investor who deals in the hundreds of millions. This coin will have NO problem reaching $1billion marketcap in the long term. Downside is they won't have working app until about October at the earliest but this one should trend higher leading into that time frame and now is a good time to accumulate.

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BONUS:
ELASTIC is an exciting coin. If you are familiar with GOLEM, they are in the same space of super-computing, but currently priced at a fraction of the valuation. There is an article that compares XEL with GOLEM and some other similar coins for more info on the differences. Basically, imagine connecting all the spare computing power in the world through the blockchain and using it for a common (hopefully good) purpose! There is a ton of potential in this space and room enough for multiple players.

HONORABLE MENTION:
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This post represents my view and opinion of the cryptosphere at this time. It is not to be considered investment advice. There is a good chance that I may own or will soon own any or all of these coins. I would love to hear any comments or tips which cryptos you think may be better than these!
(images based on screenshots taken from - http://coinmarketcap.com)

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