What would trigger the big bull run of the altcoins? 

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Avatar for michellhilton
4 years ago

  • Basic Attention Token (BAT)—solves a big problem in online advertising, namely, businesses waste a lot of money on ads that never get viewed and content they cannot monetize. BAT solves this problem by creating a market for “attention” using BAT tokens as the unit of exchange. If BAT succeeds, it will create an alternative revenue model for people who make YouTube videos, write blogs, answer Quora questions, or create web content of any kind.

  • DENT (DENT)—marketplace for unused mobile data. Team has deep pockets and plans to expand to remittances and videochat. DENT app already has 10 million active users.

  • Enjin (ENJ)—gaming token that enables people to record their virtual items on the blockchain. As a result, you will always know who owns every virtual item and who has the authority to change or exchange it. Every new item recorded on the blockchain takes ENJ out of circulation, increasing the remaining value. ENJ network already has 20 million players and it’s growing. It also has a partnership with Samsung.

  • Holochain (HOT)—computing platform where “agents” maintain their own records and communicate with each other through the network. This is different than traditional data-driven blockchains, with claims to be much faster and more scalable than other cryptocurrencies. If successful, Holochain could fill literally every use for cryptocurrency. HOT tokens will eventually become the “fuel” for the network and a reward for sharing computing power with other users.

  • Ethereum (ETH)—the gold standard of crypto development platforms. Everybody uses it and it will overhaul its consensus protocol next year. It’ll be around for a while, at least until somebody makes a better smart contract platform that people use.

  • Polymath (POLY)—platform for security tokens. Security tokens could be the next big thing in crypto, and if so, every company interested in tokenizing their securities will be able to do everything through Polymath’s blockchain. Platform continues to grow and it’s backed by some big Wall Street names.

  • IOTA—aims to be the crypto for Internet-of-Things, where machines send or receive tiny amounts of crypto in exchange for performing certain tasks or providing data. Its “Tangle” technology is a non-blockchain way to do what blockchain does, potentially creating a really fast, scalable payment system for humans, not just machines.

  • DASH—privacy token with a large developer community and lots of traction. Lots of merchants use it and it’s really not that private so it’s unlikely countries will ban it.

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Comments

How about Bitcoin Cash? It will work out.

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4 years ago

Very useful information. As long as the altcoins are solving peoples problems, their chance of being bullish is higher.

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4 years ago