What Are Your Favorite Up And Coming Cryptos & Why?
So I've been missing major rallies on some great small time cryptos lately. The problem is, there are a lot of what many would call "shitcoins" which are overvalued quickly and crash due to a terrible infrastructure and temporary hype.
So I'd love to hear from YOU what your favorite small time cryptocurrencies are and why!
Small one? Probably Burst with just like 28 millions market cap. What is good on Burst is that it is proof of capacity (you need HDD) so everyone have a chance to get some coins.
What wallets provide Burst? That might sound like a dumb question, I'm just tired of getting a million different wallets from all over the place lol
Online wallet and local wallet. You can choose and get them on the official site :)
This.
Decred because it has on-chain governance and solid devs.
https://docs.decred.org/getting-started/constitution/
Total supply is capped at 21m like Bitcoin, similar economics to Bitcoin, plans for Universal Fungibility and privacy features.
But the most interesting feature is proof of stake based voting.
https://voting.decred.org
My favourite small time crypto would be gridcoin! It's a similar scheme to golem in ways, through utilising computing power all over the globe to solve algorithms. The only difference is Gridcoin solves BOINC hosted work, which are all related to scientific research. So basically, you can contribute computing power into attempts like curing cancer/aids, map the milkyway, crack enigma codes and much more. Really seems like gridcoin is trying to do something great in my eyes.
I have been investing in cryptocurrency for about a month now and my favorites are Bitcoin and STEEM. I just wrote my first blog post today about cryptocurrency!
Personally I have a bit of faith in Sia and Stratis, have invested a bit into those two.
Sia have a lot of potential, and with Amazon removing their unlimited data storage deals a few days back, this has opened up a large window of opportunity for Sia. I believe this one will be a little more of a slower burn, but it will certainly be a good long term investment.
Stratis has already begun paying dividends, I think they have a very useful platform and they will help a lot of new alt coins throughout their development processes.
had to doublecheck the category wasn't POGS from the thumbnail
Haha I def had a nostalgic moment
I am currently pretty active with NEM/XEM, DOPE, ETH, BTC and SIA... Oh and STEEM :)
I am mining Litecoin and Monero. I am investing in Bitcoin, Etherium, Veritaseum and Steem. I have tiny amount of SIA.
Siacoin
Storj, Mysterium, Patientory, Cofound.it, Giga-Watt, Fundyourselfnow (ICO still going on). These all have ACTUAL use cases and ACTUAL products. Hype and speculation is one thing, but at the end of the tunnel is functioning products. My 2 cents