The following is not financial advice.

Welcome to back The Scoop!

This is the next post at a place where we share analysis and opinions for interesting coins, tokens and pure gems in the vast landscape of the blockchain world. There's so many coins out there, but not a lot of free information (looking at you, paid groups) and analysis on them. The Scoop aims to change that by sharing and improving the data available for a given coin and evaluating instead of predicting.

What is DigitalPrice?

Originally focused on instant payments, it's focus now is supporting the Scrypto project where DP will be used as a core component. Scrypto.io is a social platform aiming to simplify the organization of information and communication in the crypto community.

It's live now:
https://scrypto.io

Quick Technicals

Algo: Sha256 / POS
Block time: 120 seconds
Block reward: 25 DP

See this thread for more info:
https://bitcointalk.org/index.php?topic=2120481.0

Where's the wallet?

https://github.com/DigitalPrice/DigitalPrice/releases

Along with the whitepaper:
https://scrypto.io/ScryptoDPwp.pdf

How many of them are they?

CMC says ~17m circulating with a total supply of 25m and a max of 100m (over 13 years).

Who's the team?

They have an array of folks from developers to project managers to marketing professionals with quite a roadmap ahead.

Marketcap and Competitors?

~5m marketcap and ~380k volume as of now.

Potential competitors...

• Steem ($STEEM) -> ~1.5b
• YOYOW ($YOYOW) -> ~112m
• InvestFeed ($IFT) -> ~38m

How is DP different?

The company has a professional look and feel about it. If its as good as it looks and they can grow the user base significantly for the key project Scrypt, as well as come up with new projects, their vision might just get fulfilled.

Pros

• masternodes (trending)
• well documented
• live product
• decent wallet
• small marketcap

Cons

• must keep momentum
• volume / exchanges

Where is it traded?

Most of the volume is at Cryptopia today.

https://coinmarketcap.com/currencies/digitalprice/#markets

The Final

Based on the FA, DP looks like a low to medium risk with high reward potential if they continue to deliver and catch on. Picking it up under 15k sats would be bargain or around 40 - 50 cents would be an upper entry while still expecting solid, crypto-style gains.

And that's your scoop!

Nobody is perfect. See anything I didn't quite get right, or needs correction? Please let me know!

Remember, absolutely NOTHING you read on this blog, twitter or otherwise content anywhere on the Internet by the authors is financial advice, so DYOR and be responsible!

One more time in case you didn't see the first two: this is NOT financial advice! Also, The Scoop authors may hold coins discussed here which may creates some bias, but we try to be fair.