High Performance Blockchain HPB the hidden GEM?
I've come across what I feel is the best hidden gem out there. Being from the East and no marketing, it's barely known by anyone.
HPB - High Performance Blockchain
Buzzwordy name? Yes. Why? It comes from the Chinese words Xin Lian. Xin meaning heart or core, and Lian means to link or connect.
It is compared to EOS, as EOS is a high powered blockchain using parallel processing, but the major difference is they will be using accelerating hardware chips as well.
What Do They Do?
This is truly one of the most innovative projects in crypto world. They are going to be the world's first company to combine software with accelerated hardware to significantly improve ease of use and speed of data transfer and access. They will be able to do 1,000,000+ transactions per second. The software will be open source.
Who Is Their Market?
Their market is the massive companies and industry that uses large amounts of data. Their white paper mentions Baidu, Alibaba, Tencent. In case you don't know, these are absolutely massive Chinese companies. Baidu is their Google. It's the fourth most visited site in the world after Google, Youtube and Facebook.
Other target markets include the IOT, financial industry (see UnionPay in partnerships), medical industry, governments and supply chains. Absolutely huge, multibillion dollar industries with enormous amounts of data being transferred every second all over the country and world. The goal is to make it easier to use and speed up the data transfer and transactions.
The Team
The founder is Wang Xiao Ming. He's been an early blockchain innovator in China for years and has written three books on blockchain technology and spoken at multiple crypto/blockchain events. He's been connected with NEO since day one. The rest of the team has been assembled from Huawei, Intel and other major Chinese companies.
Advisors include the executive president of UnionPay(more on them later), a noble prize winning physicist, and the president of the very successful Dongfang Fuhua Fund.
Investors include NEO (this alone should get you interested), TimeStamp Capital (Major Chinese investment), Lei Zhen (founder of OKcoin), and more.
Partnerships
This is the exciting part. First, they are partnered and work closely with NEO. The last coin I found out that was partnered with and working with NEO was Loopring. I bought Loopring at $0.035. Loopring hit $2.60 yesterday, that's a 74x increase in price (full disclosure I sold my Loopring at 30 cents). It will be the first blockchain in the industry to support NeoVM (NEO Virtual Machine).
Second major partnership is UnionPay. Most of us in North America aren't familiar with the name but they are massive. They do 80% of all Chinese transaction data, which equals out to a turnover of $12.5 TRILLION(!) per year. To help visualize that, they are bigger than Visa and Mastercard combined. Imagine hearing a coin is working with those two companies directly. This is one of the biggest partnerships ever in cryptocurrency.
They also have more high value partnerships that have no been announced yet. After partnering with UnionPay, they will have no issues making further partnerships, that's how big UnionPay is.
What Else?
This is the chance to get in early, they are a Chinese company with no marketing and literally unknown right now. This is similar to Tron and Vechain which I got into. Whether you hate Tron or not, I got in at $0.002 because of the team and success of the team. It took Tron a while to take off because their success was from out East, and didn't translate to North America. Same as Vechain. Vechain has MASSIVE partnerships out East that were looked past because they are from the East, just recently Vechain's success is getting world wide notice.
Here they are at a Semiconductor conference where they spoke at and set up a booth:
Upcoming News
Q1 - CEO will attend Blockchain Connect Conference in San Francisco Jan 26th.
Q1 - HPB Testnet Launch!
Q2 - HPB Mainnet Launch!
Where To Buy
You can get HPB at BiBox & Kucoin for now.
Price Predictions and Market Cap
Direct from the HPB team, they said there are 28M. With a current price of $6 we have a market cap of $133,000,000. I try to be conservative when I estimate my predictions, I really don't even like to make predictions because then people get their hopes up. I've never been this early in on a coin, but with this ground-breaking tech, I don't think $1B market cap is much of a stretch in the very near future. I think this can really blow up. That would put the price around $27 and around #40 in terms of cap. I really don't think that's reaching too much. Again, I try to be conservative, but with this tech, the mainnet in the not too far future, being tied to NEO, UnionPay and other announcements coming, $2B and $3B and a top 20 coin wouldn't be far fetched. This is assuming there is no major crash or dip that changes things.