Stratis Analysis ($STRAT)
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.
What is Stratis?
It's about making the blockchain easier to work with. nStratis as a dev platform, STRAT for fuel and ICOs rumored to be on the way. There's also Stratis Identity, an immutable identity registration that already supports social logins from providers like Microsoft, Google and LinkedIn. They got developers and enterprises in the cross hairs today and likely many more surprises in store for 2018.
Huge list of projects:
https://github.com/stratisproject
Quick Technicals
Algo: POS
Block time: 60 seconds
Block reward: 1 STRAT
Where's the wallet?
https://stratisplatform.com/wallets/
Along with the whitepaper:
https://stratisplatform.com/wp-content/uploads/Stratis_Whitepaper.pdf
How many of them are they?
CMC says ~98m circulating supply.
Who's the team?
Loaded with enterprise experience, ops and developers.
More about the team here:
https://stratisplatform.com/team/
How is Stratis different?
It's a blockchain development platform that works.
Pros
- actual products
- bright future
- reasonable entry
- clear purpose
- leading the niche
- partnerships
Cons
- must keep delivering
- lack of marketing
Where is it traded?
STRAT is just about everywhere.
https://coinmarketcap.com/currencies/stratis/#markets
The Final
Based on the FA, STRAT looks like a low to medium risk with high reward potential if they continue to deliver and catch on. Picking it up under 70-80k sats would be bargain or around $15 would be an upper entry while still expecting solid gains.
And that's your scoop!