5 SmartBCH Gems To Watch Out For In 2022

Transactions on the Bitcoin cash sidechain, SmartBCH is exploding and new projects keeps popping into the ecosystem making it one of the fastest growing ecosystem in the crypto-sphere.

Being one of the best alternatives to Ethereum when it comes to decentralized financing, lots of developers have found smartBCH fit to host their projects due to its inexpensiveness in deploying transactions and also, it's speed.

As a baby project, the ecosystem offers a lot of investment opportunities but, before I move into listing the 5 Gems you should watch out for, let's quickly remind ourselves what smartBCH is for the sake of new readers.

What Is SmartBCH?

According to the SmartBCH whitepaper, smartBCH is a sidechain nicknamed Sep-20 for Bitcoin Cash and has an aim to explore new ideas and unlock novel possibilities. A sidechain is a blockchain designed for fast and inexpensive transactions with a special relationship with the main chain because of a two-way peg; in this case between Bitcoin Cash and smartBCH.

An easy illustration of what smartBCH can do could be derived from the functions of ethereum on dApps and smart contracts. Being EVM & Web3 compatible, developers can use the smartBCH source code to develop games, smart contracts, decentralized applications and every other thing possible on the ethereum blockchain but in this case, cheaper and faster.

5 SmartBCH Gems To Watch Out For

1. Green Ben - EBEN

Green Ben is a multi-functional decentralized exchange (DEX) that exists in the SmartBCH chain and in the Binance smart chain. It is said to be the first decentralized exchange in the smartBCH ecosystem.

Lets take a look at EBEN's statistics;

• Market Cap - $6,904,670 (As at the time of writing)

• Total EBEN Tokens Minted - 16,620,351

• Total Burned - 822,154 (As at the time of writing)

• Circulating Supply - 15,798,197

The staking functionality of EBEN finalizes how beautiful a gem Green Ben is as it enables it holders stake EBEN and earn a whooping 41% APR.

This is a good buying opportunity. The project is foundationally very strong.

2. BCHPad - BPAD

BCHPad serves as a decentralized launchpad in SmartBCH - This is one of the launchpads were projects could easily be launched on smartbch.

For every project launched, BCHPad reward holders who hold above 20,000 pieces of BPAD with airdrop or the launched project.

• Market Cap - $503,474 (As at the time of writing)

• Total Burned - 30,000,000 (As at the time of writing)

• Circulating Supply - 50,000,000

3. GoCrypto - GOC

GoCrypto is a real utility commerce token with the aim to facilitate crypto payments making it easy for merchants to accept crypto payments in their local and online store.

The GoCrypto Token (GOC) is a multi-chain utility token issued on the Bitcoin Cash (SLP) blockchain, Smart Bitcoin Cash (smartBCH) chain, and the Binance Smart Chain (BSC), with Solana (SOL) soon to follow.

Lets take a look at GOC's statistics;

• Market Cap - $16,461,639 (As at the time of writing)

• Circulating Supply - 299,095,759.

4. Celery - CLY

According the the whitepaper compiled by Celery, it is the first blockchain annuity serving as a financial instrument that pays out a series of payments over a span of time back to the owner.

• Market Cap - $3,587,500 (As at the time of writing)

• Circulating Supply - 5,844,117,494.

5. FLEX Coin - FLEX

CoinFLEX provides Crypto Yield and is committed to providing institutions and retail investors an easily accessible platform to earn and trade crypto. FLEX coin becomes the native token powering the CoinFLEX exchange and is the foundation of the CoinFLEX ecosystem.

FLEX Coin is utilized across all of coinflex's products, provideing all users exclusive benefits which makes trading on CoinFLEX much better.