CRYPTO THAT WILL MOON IN 2021
Hi guys,
with this post I want to compress days of research so that you don’t have to waste time by choosing long-term and undervalued projects.
You wouldn’t believe how many hours of reading I’ve spent to come up with this list of projects.
I have “skin in the game” in each of the following coins, but don’t worry because I’m plancton and can’t dump on you.
I’ll try to be as clear, using laymen terms, and as concise (no more than 3 points for projects) so that the reading won’t hurt your brain.
The ordering is alphabetic to be fair towards the projects I’ve picked.
P.S.: This post took hours. If there’s something wrong just tell me and I’ll fix it. Enjoy!
Cartesi (CTSI #452 on CoinGecko 24M market cap)
- It’s a layer-2 solution running in Linux that helps layer-1 blockchains to scale.
- They will release a Software Developer Kit and Optimistic Rollups (which are used to improve speed by quite a lot) soon.
- CTSI token has utility: block rewards, staking and arbitration.
Celer Network (CELR #266 on CoinGecko 68M market cap)
- It’s a layer-2 solution that enables fast and low cost transactions.
- It has a working an Software Developer Kit and an app called CelerX that showcases the speed they can achieve.
- CELR token has utility: liquidity, staking and paying the service.
CertiK (CTK #288 on CoinGecko 58M market cap)
- It’s a Delegated Proof-of-Stake blockchain built with the Cosmos Developer Kit.
- It’s main product is the Security Oracle which is basically a piece of code you can call to check if a smart contract you is safe or not, think of it as an anti-scam oracle.
- CTK token has both utility and governance: gas, staking, rewards, collateral and voting.
ethbox (EBOX #2747 on CoinMarketCap 3M fully diluted market cap)
- Used to send, receive and trade tokens with reversibility and privacy.
- Integrated with Ethereum, Binance Smart Chain and Polygon.
- EBOX token has both utility and governance: staking rewads and service payment.
Chromia (CHR #462 on CoinGecko 23M market cap)
- It aims to solve the scalability problem of current blockchains with a unique approach: by forming a network of relational databases (nodes).
- It works similar to sharding (a technique used for parallel computing) and leverage existing Proof-of-Work blockchains to improve it’s security (Chromia’s transactions gets bundled and inserted into BitCoin or Ethereum).
- CHR token has utility: rewards and paying.
Contentos (COS #348 on CoinGecko 39M market cap)
- It aims to protect author’s rights by building a decentralized digital content comminity capable of distributing and rewarding contents.
- Provides smart contracts for automated monetization, copyright verification and storage of digital content right into the Contentos blockchain. Every interaction of a user within the eco-system is recorded and provides a credit status therefore incentivizing positive interactions.
- COS token has utility and governance: gas, transactions and voting.
COTI (COTI #262 on CoinGecko 69M market cap)
- It’s a graph blockchain that combines Proof-of-Trust and Proof-of-Stake to achieve highspeed and low costs.
- It enables other blockchains to use its trust score system to identify malicious actors, it also has a payment solution for merchants that works via web and POS.
- COTI has utility: transactions and rewards.
Cover Protocol (COVER #347 on CoinGecko 41M market cap)
- It’s a risk coverage marketplace for Ethereum projects. In basic terms is insurance for DeFi, it works by people holding CLAIM or NOCLAIM tokens to cover themselves from possible losses resulting by project failures.
- It withstood and hack and has learnt the hard lesson.
- COVER is a governance token used to vote for proposals and validate/invalidate claims.
Cudos (CUDOS #642 on CoinGecko 10M market cap)
- It aims to offer monetization for sellers’ hardware idle time and competitive computing power prices for buyers.
- It partnered with AMD and has pretty high profile advisors such as the Director of Blockchain for AMD and the former CEO of Sony Entertainment Europe.
- CUDOS is the utility token for the platform.
DIA (DIA #268 on CoinGecko 67M market cap)
- It’s an open-source price oracle for DeFi applications. A price oracle is a piece of code that can be used to get reliable data for financial applications.
- Its data feeds are open-source and verifiable by everyone.
- DIA is both governance and utility token: voting, staking and payments.
DUSK Network (DUSK #380 on CoinGecko 35M market cap)
- It’s a blockchain that enables privacy-preserving transactions and smart contracts execution.
- It could bring a privacy-friendly DeFi in which interactions with smart contracts are kept secret.
- DUSK is the utility token used for transactions.
EasyFi (EASY #445 on CoinGecko 26M market cap)
- DeFi lending protocol that enables under-collateralized lending, it achieve this with TrustScore which is a mechanism to analyze borrower’s activities on various platforms to determine the collateralization ratio required.
- It uses Proof-of-Stake and Plasma to be high speed and low cost.
- EAST has both governance and utility: voting, rewards and staking.
Frontier (FRONT #454 on CoinGecko 24M market cap)
- It’s a DeFi aggregation platform that makes super easy and comfortable to use the most established DeFi services on the following chains: Ethereum, BSC, Band, Kava, Harmony and Cosmos.
- The financial services you can find in the app are: staking, swapping, liquidity provision, borrowing/lending and more!
- FRONT is both utility and governance token: voting, liquidity provision and staking.
Injective Protocol (INJ #130 on CoinGecko 207M market cap)
- It’s a decentralized exchange that lets users trade digital and pegged-in-value copies of almost anything (crypto, fiat, stocks…).
- It’s built on layer-2 therefore it’s fast and cheap. It’s a Robinhood (trading app) killer. It’s close to its mainnet.
- INJ token is both utility and governance: voting, rewards and collateral backing.
Measurable Data Token (MDT #398 on CoinGecko 32M market cap)
- It’s a secure and anonymous marketplace for data exchange.
- It also provides consumers insights to businesses with Artificial Intelligence.
- MDT is the utility token to pay for data and is used for rewards.
Opacity (OPCT #754 on CoinGecko 7M market cap)
- It’s a cloud storage powered by OPCT token.
- It’s based on zero-knowledge principle, this means they can’t track your uploads/downloads.
- OPCT it’s the utility token for payments and rewards.
Origin Protocol (OGN #207 on CoinGecko 101M market cap)
- It aims to be the future of decentralized e-commerce to make it easy for people to commerce without paying commissions.
- The focus is to build an open and free market in which participants have stakes in the network.
- OGN is a utility token to pay for the service and affiliate/advertise the platform.
Orion Protocol (ORN #225 on CoinGecko 91M market cap)
- It’s a trading terminal that executes trades across different exchanges both centralized and decentralized.
- It has a portfolio management app and app store (algo trading bots), and also other products for exchanges.
- ORN is a utility token used for broker staking, rewards and discounts.
Prometeus (PROM #403 on CoinGecko 32M market cap)
- It’s a layer-2 project built on Binance Smart Chain and Arweave that aims to provide anonymous data store and exchange.
- It’s basically a way in which people can monetize data beyond jurisdiction.
- PROM is a utility token used for staking and payments.
Prosper (PROS #647 on CoinGecko 10M market cap)
- It’s an prediction/hedging platform built on Ethereum and Binance Smart Chain.
- Think of it as a betting platform in which you choose between BULL and BEAR scenarios (over a given period) and you can win/lose money.
- PROS is both utility and governance token: rewards, liquidity provision, insurance system and fee discounts.
STP Network (STPT #458 on CoinGecko 24M market cap)
- It will enable synthetics assets to be issued on Polkadot.
- It aims to reduce collateralization needed and be able to work cross-chain.
- STPT is the governance token used for protocol decisions.
TrueFi (TRU #287 on CoinGecko 61M market cap)
- It aims to enable uncollateralized lending by letting TRU stakers to accept/refuse the requests submitted by borrowers, TRU stakers are subjected to upside/downside based on if the loan ends up repaid.
- Borrowers sign a loan agreement and will face legal action in case they don’t return the principal and interest.
- TRU is the governance token used to make decisions.
Wing Finance (WING #411 on CoinGecko 31M market cap)
- It’s a lending platform that has two types of lending a) collateralized lending and b) credit-based lending.
- Credit-based lending uses an OScore (ONTology Score) to reduce collateralization.
- WING is used for voting, discounts and insurance contracts.
Thanks for you attention,
Fredo Corleone
