The coinmarketcap listings account for 2000 plus projects now. This makes the identification of early stage and low cap gems increasingly more difficult. The high risk of investing in small cap cryptos if offset by the proportionally higher potential rewards. Today I’m outlining 10 low cap projects that I think have upside potential. All projects I feature have a solid team and are at least somewhat developed. Some of the below projects are in stages of advanced development.
In their own words ‘Eligma is an AI-driven and blockchain-based cognitive commerce platform that will change the way people discover, purchase, track and resell items online.’ They make the point that ecommerce is at overload point with over 10 million registered online stores hawking billions of products. We are no longer able to find the best deal. Nor can we accurately gauge the correct ratio between a product’s price and quality.
The proposed solution is to link all online stores to a user personalized one point shop for you. The artificial intelligence component promises to identify the best price for the product you want. Eligma achieve this by analysing comparative data of product specifications and other salient details. A further benefit to the Eligma platform is that you will never again have to log into different online stores. Eligma will unify the myriad of online stores you browse and buy from already into one neat interface.
ParkGENE’s solution proposes to reduce inner city traffic by increasing the number of parking spaces available. It aims to do this through incentivising people to list privately owned car parking spaces on the app. Drivers looking for a parking spot use the app’s local area map view to find a suitable parking space. The driver then communicates with the parking spot owner through the app. The project uses Ethereum smart contracts to allow the driver to rent the parking spot. Payment is executed via GENE tokens, which are bought in app using fiat or crypto. Users can also avail of BTC and ETH payment options.
The team completed their beta version of the app in February in line with whitepaper predictions. The progress since then has been highly impressive. The team first developed web based parking spot listing capabilities and rolled this feature out. ParkGENE subsequently released the android app in the Playstore. Typically, approval from iTunes delayed the release of the iOS app but that milestone has also been achieved.
Imagine a Wikipedia where contributors had an incentive to keep it accurate? The Lunyr project is doing just this. One of the longer running dApps on the Ethereum blockchain, the platform pays contributors and reviewers. By design the project seeks to identify and reward positive behaviour leading to increased veracity.
The project has suffered from some developmental set backs but I have always been impressed by the speed with which these are corrected. Lunyr is also quite a volatile small cap project which offers some intriguing swing trading possibilities. Furthermore, the platform is up and running and has plenty of articles available to read right now.
Linda is a small cap competitor to blockchain ecosystems like ETH or EOS. The project offers some compelling features worth exploring.
Mobile App — the Linda mobile wallet allows you to access and control your funds on the go. Furthermore it allows you to stake your Linda coins, not only that it also facilitates the staking (and spending) of other partnered PoS coins, to date this includes — ReddCoin, Shard, DigiByte, Colossus.
Web Wallet — the web wallet, like the mobile wallet allows the staking and spending of Linda as well as other partnered PoS coins. There is also the ability to run masternodes.
Atomic Swaps/Hot Swaps — here Linda seems to really be pushing to the forefront of blockchain technology offering atomic swaps facilitating peer-to-peer transactions with different coins not requiring conversion through an exchange. Linda envisions Atomic Swaps giving way to Hot Swaps whereby a user can convert their own coins to any currency using Linda technology.
Linda X Token Platform — Linda will rollout their own token platform. Unlike ERC20 compatible tokens, Linda X propose to prescreen all tokens in order to reduce scams. Another benefit of using the Linda X platform is that all tokens will have access to the Linda app features. They will be able to stake their tokens and have all the features of Linda.
Linda X will also create a lending network. This creates another use case application for Linda. People will now be able to lend tokens from Linda which is a huge feature.
TaTaTu is powered by a social media framework built using blockchain technology. Once the platform is live and fully operational, users will have the ability to add photos, create videos, comment on posts, and chat with their friends in a manner that is accessible and quite similar to other popular platforms such as Facebook. There were 200’000 sign ups for their June Alpha roll out intended for 500 people! Which shows that above all, there are plenty of potential adopters.
However, what sets TaTaTu apart from other social media service providers is the fact that the platform is decentralized and anybody using or contributing to the network is rewarded for their efforts in the form of native TTU Tokens. These tokens not only serve as rewards but are also used as fuel for advertising and tracking distribution rights for movies and other internal content. Additionally, according to the official whitepaper, the company also hopes to launch an e-store in the near future where customers will be able to buy and sell a wide array of merchandise.
Healthcare is expensive and can be hard to access, especially in isolated regions. Additionally, sensative medical records stored in conventional databases are vulnerable to hacks and misuse. Docademic is an international medical platform in which people with smart phones can meet with a doctor through their phone’s camera and receive medical advice. The platform stores its data on a blockchain and requires the MTC token to retrieve data from the blockchain.
Docademic offers 2-3 free medical assistancse every month to anybody with an updated Docademic profile. Users can video chat with a doctor using their 24/7 platform. To interact with a doctor, a patient only needs a smart phone with a camera and an internet connection. Docademic offers a service for patients to quickly contact a doctor, whereas in some regions in the world, live doctors are unavailable, too expensive, or too far away geographically to reach.
On a fundamental level, Sia takes cloud storage out of the hands of monolithic providers and puts it back into the hands of individuals. This offers users a peer-to-peer storage ecosystem that allows anyone to rent out or take advantage of spare hard drive space. All services on the network are paid in Siacoin, and all transactions in the Sia ecosystem are secured through filing contracts and storage proofs.
Sia’s platform consists of both providers (hosts) and clients (users). Through the platform, users commission storage space from hosts, and the hosts are compensated for their services in Siacoin. The ecosystem will provide flexible storage options and will be largely free-market driven. Providers can set their own prices, advertise their level of reliability, and set standards for penalties should problems arise in storage or files be lost
Basic Attention Token
We are left in no doubt as to the negative impact of the current advertiser driven dynamic of the current internet on our browsing enjoyment. BAT imagine the solution as a triangle, where rewards flow from advertisers to anonymized ad viewers and to publications providing quality content. Ad viewers can also reward publications through subscriptions or one-time tips. In order to discern whether viewers are actually seeing and engaging with ad content, BAT has developed Brave. Brave is an internet browser that is enjoying a burgeoning reputation as being privacy led. When you download and set up Brave it gives you the option of viewing ads in exchange for tokens. You can opt out of this and enjoy ad free browsing also.
This is the first element of BAT token flow within the Brave browser. The second is intriguing. Upon signing up you are offered some free BAT tokens. These sit in a wallet hosted in the Brave browser. You can indicate how many BAT you wish to use to reward publishers in a given month. Let’s say you’ve decided you’ll give out 20 BAT tokens this month to publishers.
For the sake of a simple example let’s say you only visit 3 sites, blockdelta.io, theguardian.com and bbc.co.uk. You spent half your browsing time on blockdelta, and split the remaining half equally between theguardian and bbc.co.uk. In this instance you would distribute 10 of your BAT to blockdelta and 5 BAT each to the other two sites. The aim here is to create an ecosystem where users take BAT from advertisers and redistribute it to publishers. This is in stark contrast to the current internet advertising dynamic.
KIN is a product of the team who developed and run the KIK messenger platform. KIK is similar to Viber and WhatsApp but has some additional functions that differentiate it. The KIK target market is teens and young adults. It has an internal browser, encouraging users to spend more time within the app. It retains a low cap despite having KIK’s 15 million users in its back pocket.
The KIK app will adopt KIN as it’s in-app currency. Consequently, with millions of monthly active users, Kik will drive mainstream consumer adoption of Kin, establishing demand and fundamental value for the cryptocurrency. By natively integrating the Kin wallet into the app, it will instantly become one of the most adopted and used cryptocurrencies in the world. The initial applications of the KIN currency within the KIK app will be simple and functional. The ability to gift or donate like TRON has done with the Seedit twitter integration. Users will be able to sell digital items to each other in exchange for KIN. Content generators can charge KIN to content viewers.
In their own words, Ambrosus is a blockchain-powered IoT network for food and pharmaceutical enterprises. Enabling secure and frictionless dialogue between sensors, distributed ledgers and databases to optimise supply chain visibility and quality assurance.
Let’s consider a salmon. A Norweigan fishery harvests salmon and you buy it in London. You use the Ambrosus block explorer and a QR code on the salmon product to access it’s supply chain history. You know that a transport company moved it to Oslo airport. The transport company ensured it was transported in a temperature controlled environment. The sensors ensure you know that the temperature did not exceed 4 degrees celsius. A British company packed it on a plane in Oslo in a controlled environment. Upon arrival in London it was transported to a nearby processing and packing facility. It was stored in a fridge for 24 hours before being visually inspected, deboned, gutted and prepared for sale as fillets of salmon. Finally it transported to the supermarket. Put on a shelf and you bought it.
Ambrosus allows you to verify all the checks and balances involved in delivering safe and edible food to you. At every step in the supply chain Ambrosus’ IoT integrations automatically transmit data. Regulatory authorities can use this data for quality and safety verification against known standards. Distributed ledger technology stored on a freely accessible blockchain would give rise to an era of heightened transparency in the pharmaceutical and food industries. There are obvious health and quality upsides to a product like Ambrosus taking a leading market share.
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