There is no doubt that there is a good future for privacy coins. Big businesses will never be comfortable with broadcasting their financial transactions for everyone to see. Regulators seem to understand this too, which explains why ZCash (ZEC) was added to a regulated exchange like Coinbase. But even in the privacy coins market, there is lots of coins, and very few of them will emerge as winners due to the competitive nature of the market. One privacy coin that is set to thrive in this market is Crypticcoin. It is so good that it could emerge as a top 3 privacy coin amongst the likes of ZCash and Monero (XMR). To make the case for this coin, here are 3 reasons why it is could be an interesting investment.
- It has a dedicated developer team
Most coins, not just privacy coins, lose out due to lack of a clear vision in the implementation of their roadmaps. Crypticcoin is quite different on this front. The Crypticcoin team has met every timeline that they have set. For instance, part of their goal was to mine the genesis block by August 1st, and launch a functional wallet within the month. True to their roadmap, as of August 1st, the genesis block had been mined, and this was done without any problems. They are also about to launch wallets for Windows, Linux and MacOS. This dedication to the project, and the fact that they are hitting all their milestones will push Crypticcoin to the top of the privacy coins market. Crypticcoin is still in its infancy and yet it has accomplished much more than most projects that have been in the market for years.
- It has a wide and growing community
Crypticcoin is building a decentralized community by doing an FCO instead of an ICO. This means that there is a wider dispersion of people holding Crypticcoin, which makes it a truly decentralized community. So far more than 4000 people have signed for the FCO, a sizable number for a coin that is yet to hit the market. For privacy coins, having such a large and dispersed community is especially important because it acts as an extra layer of privacy and security. No one would want to use a privacy coin that has centralized control. Therefore, this aspect to Crypticcoin makes it one of the most valuable privacy coins in the market. It ranks at the very the top, alongside Monero, which is also highly decentralized, because it is ASIC resistant.
- It has a smart approach to marketing
As much as blockchain and cryptocurrencies are growing in adoption, a good portion of the global population still doesn’t know about the benefits of this technology. As such, blockchain projects that reach the most people through education will be the ones that will be most successful in the future. Awareness is even more important for privacy coins since they have a use-case that most people can relate to, if only they get to learn about it. As such, the fact that Crypticcoin is investing in education means that it has a leg-up in terms of getting people to learn about its uses in the market. This means that it stands the best chance of adoption as blockchain goes mainstream. Education is a powerful way of marketing, one that will see Crypticcoin rise to the top in the privacy coins market.