Syscoin header graphic

CPS Coin - Syscoin’s First Airdrop

Airdrop offer: Receive 100 CPS coins free by creating an account here.

Intro

For those of you SYS hodlers out there, today is a good day! Syscoin has just announced their first ICO: the CPS Coin. Not only is this the first ICO on the Syscoin blockchain, this is a CoinPayments project.

CoinPayments

Since 2014, CoinPayments has been helping merchants accept cryptocurrency payments for their goods and services. They support over 125 different cryptocurrencies, and offer shopping cart plugins for platforms like WooCommerceOpenCart, and Magento.

Why This is HUGE

So, airdrops and ICOs are cool and everything, but this is a BIG deal. If we put ourselves in the shoes of a merchant, and we wanted to accept cryptocurrencies, one of our big concerns would be real-time payment verification. Let’s be real, nobody wants a customer sitting at the counter waiting for the transaction to be confirmed - ain’t nobody got time for that!

Enter Syscoin’s Z-DAG “zero confirmation” transaction settlement technology. Essentially what I’m trying to say is “...for the first time, physical point-of-sale merchants can receive payments in a cryptocurrency instantaneously, without waiting for even a single confirmation block.” BOOM. EPIC.

Excited yet?

Airdrop

According to the website, “On March 17, 2018 a snapshot of all CoinPayments accounts will be taken. Each of those accounts will receive 100 free CPS Coins and will also eligible for an additional 25 CPS Coins for each new user referred.

On June 1, 2018 a snapshot of all Syscoin wallet addresses linked to Syscoin aliases will be taken. 6% of the total CPS Coin supply will be distributed to each of these addresses, proportionate to the balance of Syscoin held at the time of the snapshot.”

The Private Presale is quoted as starting on February 28, 2018, while the Public Sale starts April 15, 2018. The starting price in February will be $0.05. There is a total Hard Cap of $61.5 million.

What is CPS?

Let’s look at the actual coin shall we? We’ve talked about Syscoin, Z-DAG, and CoinPayments, but not so much the actual ICO project itself.

By using the CPS coin, merchants will be able to provide their customers with a 50% less transaction fee, and merchants and users can exchange CPS coin for various other cryptocurrencies with a 50% reduction in transaction fees.

CPS coins can be staked to earn monthly staking rewards based on the length of time you HODL. The longer you HODL, the higher the reward becomes.

There is also a decentralized marketplace! The “CPS Marketplace leverages the Syscoin P2P network to offer 100% uptime, and lightweight web-based gateways through the CoinPayments web portal.”

Conclusion

Guys, you’ll want to check this project out! Get some SYS, sign up for an account on CoinPayments, and check out the whitepaper. CoinPayments already has over 724,000 vendors across 182 different countries using their current merchant services. What more do you want in an ICO?


Masternode header image

Make Money With a Masternode While You Sleep

Intro

If you’re like me, maybe you came across the word in passing and didn't give it a whole lot of thought. It turns out it’s worth a whole lot of thought. For anyone that has been following what we do here at CryptoFizz, you know that we are hodlers of SYS and they will be launching masternodes in the very near future. After seeing it mentioned many times and not having done much research prior, I decided to give it a look. Below is what I’ve found and believe me, I’m planning on setting up a few of these.

What Is A Masternode?

Before I get into what a masternode is, let’s just touch on what a node is. According to Hackernoon, “...the simplest way to define a node would be to say it is a point of intersection or connection with the network. It can act as both a redistribution point or a communication endpoint”.

Since I’m no network specialist, and others have already written about masternodes in a much more succinct way, I’ll let them explain what it is. Blockonomi says “...a masternode is a server on a decentralized network. It is utilized to complete unique functions in ways ordinary nodes can’t. It can be used for features like direct send/instant transactions or private transactions.”

The idea of a masternode was conceived by Dash in an attempt to add a governance layer to the Bitcoin protocol. In Dash’s own words: “Masternodes power the second tier, which provide the added features that make Dash different from other cryptocurrencies. Masternodes do not mine, and mining computers cannot serve as masternodes. Additionally, each masternode is “secured” by 1000 DASH. Those DASH remain under the sole control of their owner at all times, and can still be freely spent. The funds are not locked in any way. However, if the funds are moved or spent, the associated masternode will go offline and stop receiving rewards.”

Where Can I Find Masternode Listings?

The following is not an exhaustive list but many sites had incomplete data:

How Much Can I Make?

Below are a few different masternodes that caught my eye on each website from above:

MasterNodes.Pro

Best Annual ROI: IGNITION (IC) 271.58%

Cheapest Masternode: ARC $77.44

Best ROI for Cost: POLIS (POLIS)

Masternodes.online

Best Annual ROI: OLYMPIC COIN (OLMP) 4067.56%

Cheapest Masternode: ARC $89

Best ROI for Cost: CROPCOIN (CROP)

The Best ROI for Cost choices are subjective and based on whether they actually had volume, and a market cap bigger than a few thousand bucks. There are many listings with very exciting ROI numbers but they had almost zero volume and a tiny market cap. These would be HIGHLY speculative and I do not advise touching them.

I’m not a financial advisor, so do your own due diligence.

Conclusion

At the end of the day finding a good masternode for investment is very similar to other investing principles. We’re looking for volume so we can enter/exit if we need to, an actual working product, and a strong team behind it.

In the next day or so I will publish a step-by-step guide on how to actually set one of these up!

Thanks for reading!


Power Ledger header image

Power Ledger (POWR) - Changing Lives, Defining Success, Solving Problems

At CryptoFizz we’re always challenging ourselves to deliver content that is more valuable to the reader than we did the previous day. This is our first piece in a new series of articles and podcasts we're calling Chain of Influence. We will be asking leaders in the blockchain industry about their journey in this space thus far, best practices, and key insights. 

Since we’re big fans of what Power Ledger is doing, we decided to reach out and learn more about how they think and operate as a team instead of the typical “when do you moon” article.

Below are the questions and responses:

If you look at the current landscape, it appears that in every industry, blockchain technology is being mentioned or tested in some way. Based on what your team is attempting to accomplish, how does your project change lives and make the world a better place?

Globally, and first in places like Europe, the U.S. and Australia, we’re seeing an increasing trend towards the decentralization of our energy system. Historically we were supplied by centralized, large power stations, a long way from where that energy was being consumed. Consumers just got what they were given. But with the rise of renewable energy resources, more and more consumers are taking control of their own energy requirements. Since the system was modelled for only central players to feed the energy supply, consumers producing energy don’t get fair value for their investment. The Power Ledger Platform allows consumers to receive the benefits of these investments, by selling their excess energy through our Peer-to-Peer Trading Application. We’re proving to utilities that sustainability can be profitable and we are giving power, quite literally, back to the people when it comes to their energy futures.

Individuals, groups, teams, and companies define success in different ways. Some based on profit, time constraints, community feedback, etc. How do you know when your project is a "success"?

Power ledger runs by providing an energy trading platform and service and the economy we’ve created drives the value of the token. POWR is a utility token so the better we do as a business, the more the POWR token-economy thrives. We’re focussed on the product, the platform and the community and if we keep focused on those parts the rest will look after itself. Success for us would include mass uptake of the Power Ledger platform, maintaining a positive community sentiment, and informing the regulatory environment to place consumers at the heart of the marketplace.

All organizations, no matter how they are run or the makeup of the team, encounter problems. These could be internal team conflicts, product issues, financial concerns, and a number of other things. When problems arise, how does your team solve them?

One thing that facilitates a strong team is our shared vision and ideology for a clean energy future, co-created by everyone. In addition, communication is key. We try to foster an environment where everyone feels safe to ask questions without fear of judgement. We’ve got an incredibly skilled team with a diverse skill set. It means that each team member is able to compliment one another and nobody feels too frightened to speak with someone in senior management if they can foresee a problem. The other side to that is we try to function in a proactive rather than reactive way, from business development, marketing, legal or tech -- how can we plan for any potential risks that come our way and minimise those risks before they negatively impact our business.

Well, there you have it, guys. Power Ledger is a well-oiled machine...i mean...well-lit solar panel? Anyways, we would like to thank Aimie Rigas at Power Ledger for taking the time out of her very busy schedule to facilitate this Q&A. We have been big fans for a while now and we wrote an article a few months back on what they’re doing titled: Power Ledger - A Smart Energy Grid Solution.

Thanks for reading!


Sell Orders header image

Gabriella Papadakis - What Her Wardrobe Malfunction Can Teach Us About Risk

In one of our recent articles, The Two Week Portfolio - How to Invest Like a Crypto Millionaire, we talked about how to utilize research, buy in early, and get out early.

But -- what do you do when you don’t feel comfortable buying in? Which, by the way, is ALL THE TIME in the beginning. It takes time to get comfortable with your investments, so below is a tool that will help give you some downside protection.

“Everyone Has a Plan Until They Get Punched in the Face”

Even if you find the best project in the history of crypto assets and got in early, the following day a whale could come along and trigger a few sell-orders. Then bots take over and suddenly you’re down 25%. Sounds like a nightmare, right? Well, it turns out there are ways to protect yourself from this downside scenario.

Once you enter a position, you have two options: hodl until you’re profitable or set a sell-order at a level of support that you’re comfortable with. Unless you’re a seasoned trader, you might not know what I’m talking about.

Let’s take a look at the chart below:

 

If you read the article listed above, we talked about investing two weeks before the catalyst date. Two weeks before the catalyst date on this chart is right around February 5th. At the time, Lisk (above) was priced around $12. You may be wondering, “what is a support level im comfortable with?”. Finding a support level that you’re comfortable with means looking at that green line in the chart above and identifying the price level it has sustained for a long period of time. A long period of time is relative depending on your specific entry/exit period. In this specific period (3 month chart above), you’ll notice that the price stayed around $22-$23.

On February 5th, from a “comfortable support level” standpoint, I would feel very comfortable buying in at the $12 level. But, let’s say you see that the previous support level was $8 in late November and you’re afraid the price is going to drop back to that point. We can use something called a Stop-Loss Order.

Essentially, a Stop-Loss Order gives you the ability to sell your position at whatever price you want without having to manually sell in the moment that particular price occurs. Let’s take a look at the Bittrex interface below to get a better idea of what this looks like:

Typically, if you wanted to sell your position, you would enter the quantity in the “Units” field. Next pick the price you want to sell at in the “Ask” field (most would choose “Last” or “Bid”). The total BTC value would then be displayed in the “Total” field. Finally, you would click “Sell Lisk”.

To utilize the Stop-Loss Order, you would place your particular support level price in the “Ask” field, but also click the “Limit” button and then choose “Conditional”.

When you click “Conditional”, there will be another “Conditional” button below where you would then choose “Less than or equal to” or whatever your preference is. Then enter the preferred price you would like to sell at in that field (same price as the “Ask” amount you entered earlier in the process).

So, here’s the deal - if you’re investing in a low volume asset (less than ~$1 Million in volume), you will want to break up your sell-order into smaller positions. I recommend breaking up your position into smaller sell-orders so that you aren’t depending on a large buyer to scoop up what you’re offering. This changes, of course, once you start trading large volume assets (bitcoin, litecoin, etc).

After all of this, what does this have to do with Gabriella Papadakis and her wardrobe malfunction? Sometimes, no matter what you do, your position can drop and you have to decide: do I panic sell, or do I have a plan and execute it.

If you’re Gabriella, you cover yourself, finish your routine and then win the Silver medal for France at the 2018 Olympics.


Invest header image

The Two Week Portfolio - How to Invest Like a Crypto Millionaire

Intro

It’s 5pm, I’m making dinner for my girlfriend for Valentine’s Day, and I start thinking about you - our readers. I begin asking myself questions like “How can I provide more value?”, “Is what we’re doing actually helping anyone?”, and finally, “What if I just told them exactly how we invest?”.

And so, here it is. The following is EXACTLY how we find our investments, time the market, and make way more than everyone else trying to jump in at the last second because something is “mooning” that day.

We created a special podcast to discuss this article. Check it out here.

Step 1: Research

There are many, many ways to find an investment. I personally use a combination of sources.
If you’re the kind of person that wants to try and flip your $500 into $1,000 within a week, you’ll want to pay attention here because a predictable return - as ludicrous as it may seem - IS possible in many cases.

Right about now I’m guessing 90% of you are thinking to yourselves “bullshit, no one can predict the market. If you could, you’d be a billionaire”. I totally understand where you’re coming from, but just hear me out.

The first thing I do is check out coincalendar.info.

This is a really important part of the process. And I would venture to say, this is THE MOST important part of the process. What I have come to learn over the past 10 years investing in traditional securities (stocks, specifically), is that when you’re trying to make a predictable amount of money in a specific period of time, you need some sort of “North Star” to guide you.

We’re going to be picking at least one of the cryptocurrencies on that website with a “Hot Event” coming up at least 2 weeks out from today’s date or whatever date you want to jump in. I typically use 2 weeks because that gives me enough time to get in before most of the other investors have heard about it. What we’re trying to do is get in before everyone else, and get out before everyone else.

Like Gary Vaynerchuck says, we need to deploy PATIENCE. Side note: If you don’t know who he is, click that link and watch some of his videos. He will give you the kick in the ass you need.

Now, when we’re looking at coincalendar.info, we want to find events that make us excited, because if we’re excited, chances are someone else is, too! For example, a public platform release almost always gets a lot of traction. Essentially, any public/live product launch is going to pique the interest of investors, and so does rebranding for that matter.

I have mentioned this in past articles, but I made a huge return on my investment when i got in about a month early before Antshares rebranded to NEO. I knew it was going to be big because it had high volume for weeks on Bittrex.com, it was being referred to as the Ethereum of China, and it was “the first public blockchain in China”. But, I digress.

So, as I’m looking at the calendar of events, sipping my Pinot Noir, I notice on February 20, 2018, Lisk ($Lsk) - Relaunch: Rebranding Website, Lisk Desktop & Lisk Web App. This has my attention because I have heard about Lisk previously (brand recognition in the market), they are rebranding, and launching two public-facing platforms.

Step 2: Buy

Remember, timing is everything. And even though I typically enter a position at least 2 weeks in advance of the event/catalyst, that does not always mean that I’m early! I confirm that I’m early by looking at a few charts using coinmarketcap.com. I like coinmarketcap because of the width of the charts on their site. Many exchanges don’t give you much room to view them. For example, let’s take a look below:

Unlike most platforms, coinmarketcap.com gives us a much wider image (total space left to right on the screen) so that we can zoom out and get a bird’s eye view. What we’re looking for here is a support level that justifies our entry. We want to ensure that we aren’t buying in too late.

It looks like in the past 3 months, they’ve held a strong support level at the $23. If you look at mid-December, there was a spike that held and support built around that level. By looking at the Lisk subreddit around that time, there was a lot of speculation about the rebranding. Many were hoping for a release by the end of the year.

Despite not getting the rebranding when they thought, and despite the turbulence from Bitcoin over the past two months, Lisk has held on in a very strong way and has started an upward trend. I would not be surprised to see a move towards $50 in the next 2 weeks.

Step 3: Sell

I mentioned earlier that we would have to deploy patience, and we would be entering the position before everyone else, AND exiting the position before everyone else. So, here’s the deal: most “dumb” money will be entering the position days or even hours before the launch of the rebrand and platforms. And on the launch of the event, whatever it may be, you typically see a spike of about 50-100%. What most don’t realize is that, the 2-3 weeks leading up to that event, you can get a gain of about 2-300% without the stress.

The moment you exit is entirely dependent on your risk level. I personally exit a position a day before the event occurs, if not earlier. To avoid the risk of my monkey-mind taking control, I set a standard profit level for a given position before I enter it. By planning ahead, I can set my sell order for that pre-defined price and exit in a very emotionless way.

The name of the game is leaving your emotions out of this. If you can control your emotions, pick solid projects, and stick to your plan, you WILL make money in this market. If Bitcoin takes a shit, HODL. If your position doesn’t perform as expected, you HODL.

Pick investments that have a solid team, strong technology, and are actually building a tangible product. If you do these things, you will be successful.

I’m almost drunk now and it’s time for dinner. Have a great night guys and if you have any questions, please reach out to us on Facebook, Twitter, etc.

BC

Check out the podcast of this article here:


Wagerr header image

Wagerr - A Coin You Can Bet On

Wagerr - Intro

For those of you that follow what we do here at CryptoFizz, you know that we’re big fans of FunFair, and other betting platforms built on a blockchain. The gaming industry is ripe for disruption - enabling a fair and trustworthy environment by way of smart contracts.

I recently wrote about UKG, an eSports token backed by Mark Cuban, Ashton Kutcher, and many other high-profile names. While their focus is eSports, they intend on moving into the sportsbook arena in the near future. So, why do I bring all of this up? There are many projects out there attempting to tackle the gaming sector, and as an investor (I hodl UKG and FUN), I like to stay informed about that respective sector.

Enter Wagerr. According to their website, “Wagerr is a decentralized sportsbook that changes the way the world bets on sports”

Advantage/Key Feature

When considering an investment in a given coin, it’s important to identify their proprietary technology, or some sort of competitive edge. On Wagerr’s website, they made it easy enough to spot by titling one of their Vimeo videos with “What makes Wagerr Different?” - *clicks title*.

As soon as you press play, almost immediately, they tell you what that feature is: Value Coupling. Value Coupling is “linking the value of Wagerr to the usage of Wagerr”. Essentially, there is a relationship between number of bets using Wagerr and the value of the Wagerr coin.

When you place a bet with Wagerr, you are charged a small fee of 0.0001 WGR, and depending on the type of bet (Head to Head, Multi-User, Peerless Direct Chain), you may pay 2%-6%. Then, Wagerr burns aka destroys almost 50% of that fee, thereby creating a deflationary economy.

Many other features not available across other well known betting/prediction platforms, namely Gnosis and Augur, include an Incentivized Oracle Masternode, ASSC Smart Contracts, and Partnerless Direct Chain Betting. While each of these features deserves it’s own moment in the limelight, that is slightly outside the scope of this article. If we have enough demand, I will absolutely do a deep dive on these topics, but for now, we’ll keep it high-level. More information is also available in their whitepaper.

Team

The most amazing idea in the world means nothing if we don’t have the resources to bring it to life. So, how does the Wagerr team stack up? Let’s take a look..

David Mah, CEO: Former Darcrus Project team member focused on secure decentralized data replication

Jason Tauriello, Director of Operations: Involved in the sports betting industry for the last 18 years - specifically for “TheRX”, the first sports handicapping information website/forum on the internet

Wagerr has a total of 8 team members, including 3 advisors, 2 developers, and a Support Admin. Their full bios are available here.

Roadmap

Mainnet Release + Testnet: Jan 15, 2018

Head-to-Head: Late Q1 2018

Affiliate Referral System: Early Q2 2018

eSPORTS: Late Q2 2018

Challenge Rematch: Late Q2 2018

Multi-User: Mid Q3 2018

In-Wallet Currency Interchange: Late Q3 2018

Direct Chain: Late Q4 2018

Dynamic Odds: Q1 2019

Fantasy Sports: Mid Q2 2019

Live Betting: Late Q2 2019

Summary

This is where I give my opinion about the project. And it is merely that - an opinion. So, in what is shaping up to be a competitive market, where everyone is trying to disrupt the eSports/betting industry, Wagerr has their work cut out for them. At the moment, they have a solid whitepaper, robust roadmap, and competent team. It looks like their Mainnet Release (masternodes) had a few hiccups which are being resolved. The community appears to be happy with the progress being made and are understanding that there will be curves thrown at them.

Outside of their current progress, I would like to mention that the coin is primarily available on the Waves Decentralized Exchange with a total 24h volume of about $250k. This is a small community for now but they are truly decentralized - which, is actually not as common as you’d think! Most coins are available on centralized exchanges like Bittrex, Binance, etc. It’s refreshing to see a decentralized project on a decentralized exchange.

What do you guys think? Is it worth opening a position?

Cheers!


Unikoin Gold header image

Unikoin Gold (UKG) - Get Paid to Play

 

Unikoin Gold Overview:

An ERC-20 token designed to facilitate high-volume, high security gaming and esports related transactions. In their words, they are “...building the universal token for esports!”.

Competitive Advantages:

  • Unikrn (owner of Unikoin) is already a leader in esports
  • Unikrn currently the only eSports bookmaker that is fully regulated and licensed
  • Backed by Mark Cuban, Ashton Kutcher, Tabcorp, and many others

 

Team:

According to their website, there are 15 Team Members. Many of these members are advisors, so we have highlighted a few that stand out below:

Rahul Sood, Co-Founder and CEO - created the first incubation fund for startups at Microsoft

Karl Flores, Co-Founder and CMO - CEO/Cofounder of Pinion, a Steam Powered game community platform featured in the Microsoft Ventures accelerator

Anthony Di Iorio, Co-founder Ethereum - Founder & CEO of Jaxx, a multi-token, blockchain interface

Mark Cuban, Investor - Owner of the Dallas Mavericks, serial entrepreneur, and a shark on Shark Tank

Upcoming Catalysts/Roadmap for Q1 2018:

  • Buy-in tournaments with huge UKG prize pools
  • Regulated licensed spectator betting

 

Summary:

Unless you’re a gamer, most of the information I have shared is unfamiliar territory. Something to keep in mind is that the esports industry is expected to reach $1.49 Billion in 2020, which is based on a 40% year-on-year growth rate.

As a gamer, you’ll be able to play CounterStrike: Global Offensive, Dota 2, League of Legends, etc and earn UKG. I’m not a gamer, and much of what I have typed here is unfamiliar territory, but what I can totally understand and get excited about is the idea that you can make more UKG by playing a game you probably already play.

All in all, this is an ERC-20 token backed by a strong team, with support from big name investors, and a market leader already. Sounds like a solid project to me!


Pick Performance header image

CryptoFizz 2017 Crypto Pick Performance

CryptoFizz 2017 Crypto Pick Peformance

It's the beginning of 2018 and it’s time to review our 2017 successes AND failures.

We published our first altcoin article on June 30, and there have been a total of 11 articles total. Below, I will outline each of those by including a chart with our article publish date (buy alert), current price, and performance in %.

FYI: I’ll be using coinmarketcap.com for graphical references.

 

NEO

(https://coinmarketcap.com/currencies/neo/)

   

Article Published on: June 30
Price on Published date: $9.62
Today’s Price: $69.25
Performance Since Article Published: 643%

 

PAY

(https://coinmarketcap.com/currencies/tenx/)

Article Published on: July 10
Price on Published date: $.85
Today’s Price: $3.68
Performance Since Article Published: 332%

 

FUN

(https://coinmarketcap.com/currencies/funfair/)

Article Published on: July 11
Price on Published date: $.01
Today’s Price: $.07
Performance Since Article Published: 700%

 

SAFEX

(https://coinmarketcap.com/currencies/safe-exchange-coin/)

Article Published on: July 27
Price on Published date: $.006
Today’s Price: $.02
Performance Since Article Published: 233%

 

SYS

(https://coinmarketcap.com/currencies/syscoin/)

Article Published on: July 27
Price on Published date: $.10
Today’s Price: $.72
Performance Since Article Published: 620%

 

XRP

(https://coinmarketcap.com/currencies/ripple/)

Article Published on: August 22
Price on Published date: $.19
Today’s Price: $2.07
Performance Since Article Published: 989%

 

PIVX

(https://coinmarketcap.com/currencies/pivx/)

Article Published on: October 15
Price on Published date: $4.02
Today’s Price: $9.88
Performance Since Article Published: 145%

 

EMC2

(https://coinmarketcap.com/currencies/einsteinium/)

Article Published on: October 15
Price on Published date: $.09
Today’s Price: $.75
Performance Since Article Published: 733%

 

MTL

(https://coinmarketcap.com/currencies/metal/)

Article Published on: October 15
Price on Published date: $7.25
Today’s Price: $7.07
Performance Since Article Published: -2.4%

 

POWR

(https://coinmarketcap.com/currencies/power-ledger/)

Article Published on: November 19
Price on Published date: $.31
Today’s Price: $.85
Performance Since Article Published: 157%

 

SALT

(https://coinmarketcap.com/currencies/salt/)

Article Published on: November 29
Price on Published date: $4.07
Today’s Price: $13.24
Performance Since Article Published: 210%

 

Total (6 Month) Performance

 

So, what does all of this mean? If you’ve been keeping track thus far, our average gain from hodling a position when we wrote about it until today would be 433% - sure as hell beats the S&P 500! Our biggest winner has been Ripple (XRP) with a gain of 989% while our biggest (and only) loser has been Metal (MTL) with a loss of 2.4%.

What do you think? Are you happy with our picks?

Best,

Billy


Syscoin header image

SYSCOIN (SYS) - The Decentralized Marketplace

 

It’s been a few weeks since I’ve written about anything here, but hey, it’s the holidays..

If you’ve been following our investment ideas (we’re not financial advisers so do your own research) we wrote about SALT last time and we’re still hodling. The team has assured us that they will be launching their platform this month - only a few more days!

While I was watching the charts today, I decided to summarize the performance of the tokens we’ve covered over the past 6 months to gain a better understanding of our choices and to provide better content for YOU. I not going to release those numbers here, but I did get inspired and excited about what I found.

As I was looking through our previous articles, I came across a token that hasn’t had much press coverage, but after poking around a bit I soon realized that we will be seeing it A LOT more in the next month or two. If you haven’t realized what token I’m talking about yet, you may need help - it’s the big bold title of this article.

I initially wrote about Syscoin back in July, and the price was only $.10. Today, the price is over $.75 - that’s a 7.5x return in 5 months. Anyways, the story here is that I wrote about it, made a few bucks, then forgot about it. After reevaluating Syscoin’s product, team, and roadmap, I’m going back in and hodling long term. Here’s why..

Ebay on the Blockchain

Many describe Syscoin as a blockchain version of Ebay. And Syscoin is arguably the only project in the space with any chance of becoming viable. Now, if you’re a veteran in the cryptocurrency space, you’re probably thinking “what about Open Bazaar? They’re a decentralized marketplace, too”. Well, yes, Open Bazaar is a decentralized marketplace but it isn’t built on a blockchain - it’s essentially BitTorrent.

Since Syscoin is built on a blockchain, it contains all of the usual features including: no middleman collecting fees on transactions, encrypted messaging, 100% uptime, digital certificates, etc. Personally, one of my favorite features they offer is Aliases. How often do you copy/paste an address and begin to sweat hoping you haven’t missed a letter or number? Syscoin enables the use of something like “JoesAddress” instead of “s9a09ad9s8a03anc” - I don’t know about you but that feature alone deserves some of my money.

Microsoft Azure

In March 2017, Syscoin launched three blockchain products on Azure. For those of you unfamiliar with Microsoft Azure, it’s a public cloud platform that enables access to enterprise-level tools. This partnership between Microsoft Azure and Syscoin is an important step in gaining a wider audience and introducing Blockchain as a Service to the public for free.

Once the Blockchain Foundry (parent company of Syscoin) introduces it’s full lines of products, they “will be one of the largest providers of certified blockchain solutions in the Azure Marketplace”.

Marketing

After listening to the community, Blockchain Foundry + Syscoin have decided to hire Ballistic Arts Media Studios Inc. Until recently, PR and marketing has not been a major concern for the team and understandably so. Why advertise something before you’re ready to launch your  biggest product?

According to the CEO of Ballistic Arts Media Studio Inc., “We’re excited to work with Blockchain Foundry. We’re confident we can make Blockmarket a household name and make Syscoin a top ten coin.” The current market cap of Syscoin is $407,486,771 USD on coinmarketcap.com. For speculation’s sake, Syscoin would need a 10x increase in market cap to be in the top ten. I certainly wouldn’t mind that return on investment!

From what I’ve read on the interwebs, there will be a major marketing effort in 2018. For reference, the Founder of Syscoin, Sebastian Schepis, wrote on Telegram: “Marketing is critical and you will see that take off like crazy in 2018”.

Private Funding

On December 21, 2017, Blockchain Foundry (and Syscoin) has raised $3.3 Million in private funding from strategic partners that offer a strong network with beneficial connections. Unlike many decentralized + blockchain projects, Syscoin has gone the route of Ripple, where it serves as more of a company with formal structure/financing, while building a decentralized product on a blockchain.

Also, interestingly, they intend on going public in Q1 2018 on the Canadian Stock Exchange.

Just to be clear, Blockchain Foundry is seeking to go public, not Syscoin.

Blockmarket Web

Q1 2018 will be huge for Syscoin. They are releasing their updated protocol (2.2) and their biggest product launch to date - Blockmarket Web. This release is a big deal because until now, no other decentralized marketplace has launched a web-based portal, much less one that is “grandma-friendly”.

With the release of Blockmarket Web, a strong marketing presence, and Blockchain Foundry going public, Q1 looks to be very promising. I missed out on the 7.5x return the last 6 months, I won’t let that happen again.

Please do your own due diligence and invest responsibly. I am not a financial adviser and I do not play one on the internet.

Have a good one,

BC


SALT header image

SALT - A Blockchain-Based Lending Platform

SALT Lending

Over the past few years, I have watched Bitcoin and the broader blockchain space grow tremendously - it’s insane. And whenever someone asks me about it (Bitcoin and/or the blockchain), I tell them it’s like being able to time travel back to 1995 and tell everyone about what the “internet” will be in 10, 20, 30 years.

Back in the early days of the internet, most people who knew about it associated it with email - there was very little knowledge about any other possible uses. Now, here we are again, watching a new, transformative technology mature in front of us. I say all of that because we are now discovering new projects based on this new technology that weren’t possible before.

One of these projects is SALT.

What is SALT?

SALT is an acronym for Secure Automated Lending Technology. As you guys know, I can be a sucker for branding and SALT has put some actual thought into theirs. Apparently, salt (as in table salt) was used as one of the first currencies and a store of value. You learn something new every day! So, because of this, combined with the clever acronym, they chose SALT. And I love it.

I know most of you don’t care about any of that so I will get to the point about why you should care about SALT.

What does SALT do?

Typically, when you want to take out a loan, you approach a lender (usually a bank unless you’re in the mafia), request a specific amount of money, they look at your income, credit history, etc and come back with a decision and interest rate based on these factors.

SALT has taken a very different approach. To put it simply, and in their words:

“We've simplified the application process by focusing on the value of the borrower’s blockchain assets instead of their credit score. Borrowers are automatically matched with capital from our extensive network of lenders. SALT keeps collateral assets safe in a fully-audited, ultra-secure architecture during the life of the loan so members can borrow with confidence.”

So what’s the take-away here? If you have Bitcoin, you can use that Bitcoin as collateral to get a loan in USD without having to sell your Bitcoin. And in case you haven’t realized the bigger implication here, you don’t have to withdraw your Bitcoin from Coinbase and get taxed on your capital gains! Win, win!

Why should you care?

I realize not everyone cares about loans or getting cheaper and more secure funding for their various needs. But if you’re like me, an exciting product like this is going to create a lot of FOMO (Fear Of Missing Out) when they launch their platform for public use. They are currently in a Private testing phase of development. According to their roadmap, they will be launching their Public platform in Q4 of 2017. For those of you not well versed in quarterly dates, that means they will be releasing it in the next month - before January 1, 2018.

What I’m trying to tell you is that my colleagues and I are investing in this and have been hodling for over a week now. I’m not a financial advisor and you should do your own due diligence but if you’re interested in riding momentum towards the launch, now might be a good time to do so.

Good luck, guys!

Best,

BC