IT IS IMPORTANT TO SAY THAT THIS IS NOT FINANCIAL ADVICE, I WILL JUST SHARE THE INFORMATION I SEE RELEVANT ABOUT EVERYONE OF THOSE PROJECTS AND MY PERSONAL OPINION ABOUT CERTAIN TOPICS OF THEM.

TODAY: BitConnect (BCC)

1-OVERVIEW

BitConnect claims to be an open sourced - self regulated financial system where you can find multiple investment opportunities, providing cryptocurrency education and information, the future value of BitConnect is a result mainly of the coin supply mining and minting algorithm.

2- HOW DOES IT WORK?

In BitConnect you can profit trough 4 different ways:

• Stake

• Invest

• Trade

• Mine
  )

• STAKE: BitConnect adopts a PoS (Proof-of-Stake) mechanism. That means that the BitConnect Coin (BCC) kept in your wallet will provide you interest up to 120% in a YEAR!
  That interest rate will variate every 6 moths like this:

source: https://bitconnect.co/bitcoin-information/18/investing-in-bitconnect-coin-and-staking

• INVEST: You can invest in BitConnect lending BCC or earning a daily profit trhough a Price Volatility Software, sometimes that interest could be 0%. They give this projections of your investment:
  

• TRADE: You can profit buying low and selling high in the BCC exchange, more than 90% of the volume of BCC is traded trough their own BCC exchange, a little bit is traded in Novaexchange and CoinExchange.

source: coinmarketcap.com

• MINE: BCC can be mined with CPU/GPU and does not need an ASIC miner (Solo/Pool mining), so you get rewarded by PoW blocks earning new BCC.

3- THE TOKEN

Name: BitConnect Coin
Ticker: BCC
Max Supply: 20,000,000 BCC
Current Supply: 6,432,880 BCC
Price at the time of writing this post: $100.60 [-5.91%]

4- FINAL THOUGHTS

I think that BitConnect is a project with potential, it allows you to profit from cryptocurrencies minimizing the risks associated just with the trading.
Not only provides a PoS way of earning which is easy you just have to hold your BCC in your wallet for at least 15 days.
The mining alternative is pretty easier than BTC.

The con i find here is that the BCC ecosystem is pretty restrictive and that makes vulnerable the entire ecosystem for an atack, more than 90% of the total supply will never leave the ecosystem, and that because people does not have a choice. At the same time that gives total usage of the coin, and the success of the platform would mean more demand and higher prices, so it is not entirely bad but i'm not a fan.

MORE INFO: https://bitconnect.co

IF YOU LIKE THIS POST AND THE IDEA TO CONTINUE THIS SERIES, PLEASE UPVOTE AND RESTEEM, If you missed it the first episodes of the series here it is!

BANCOR (BNT) (https://steemit.com/cryptocurrency/@erodriguezc11/introducing-sundaycoinday-week-1-bancor-bnt)

IOTA (MIOTA)
(https://steemit.com/cryptocurrency/@erodriguezc11/sundaycoinday-week-2-iota-miota-2017723t233956181z)

GOLEM (GNT) (https://steemit.com/cryptocurrency/@erodriguezc11/sundaycoinday-week-3-giveaway-today-golem-gnt-201786t103053486z)

I'll giveaway 0.05 STEEM to anyone who Resteem this post and support!