The cryptos is slowly moving out of the hype that dominated the market in 2017. Although the people who invested in ICO projects that became successful reaped a fortune, most of the maturity has happened in 2018. The downtrend in the market has forced both investors and cryptocurrency enthusiasts to rethink how they view blockchain projects and particularly cryptocurrencies.
The projects without sound technology have gradually dropped in price and market capitalization giving way to cryptocurrencies that have a future and actually do solve something real world. Such projects are sort after by investors because they have limitless lifespans. In this article we will explore a couple of crypto projects that have the potential become projects that will be reckoned with in the future.
Bitcoin Interest (BCI)
Bitcoin Interest is a cryptocurrency project that was designed to revolutionize the staking process in the crypto industry by decentralizing the entire process. The platform is among the few in the market that reward people for holding tokens. Moreover, the protocol is said to be the first to incorporate ProgPow algorithm. The crypto is a hard fork of Bitcoin Core, although it has recently switched to ProgPow algorithm.
ProgPow algorithm is a version of the Proof-of-Work consensus algorithm that was specifically designed to address the issue of ASIC mining. Mining BCI required equipment such as GPUs, however, the software has been fine tuned for the common GPU hardware as well. The specialized GPU mining protocol ensures that ASIC mining encounters acute inefficiencies leaving the network free of ASIC mining threats.
Bitcoin Interest (BCI) token overview
BCI is the native token on Bitcoin Interest network. The token has utility as an exchange asset on the many crypto exchange platforms around the world. At the moment, BCI is available for exchange on HitBTC (main exchange), Bitfinex, STEX, Trade Satoshi and Extrates.
Bitcoin Interest is currently trading at $1.71 following a 50% surge in the last 24 hours. The crypto is still exploding in fireworks in spite of the stability and consolidation across market. BCI is ranked 152nd with a market cap that stands at $29 million. It has a trading volume of $90 million as per the data on CoinMarketCap.
This coin deserves your attention as an investor. Most digital assets are grappling with ASIC mining but Bitcoin Interest is currently riding above these threats. Besides, users are rewarded for the coins they hold. With BCI you gradually become rich even when you are not buying more coins.
Tokenomy is an exchange platform that supports digital assets only. It has its focus on markets that lack representation such as those in Southeast Asia. The platform is also categorized as a building platform where individuals can develop their tokens and list them for trading on the exchange. Tokenomy is a platform that empowers entrepreneurs by giving them a framework to create their own trusted tokens which they in turn sell to raise capital.
Apart from the ready market in Southeast Asia, the network is working to become an international platform for digital asset exchange. Moreover, future developments will launch the platform on mobile application for both iOS and Android. This will allow users to trade on the go without down times.
Tokenomy (TEN) price overview
The native token, TEN is the center of the Tokenomy exchange platform. It is the lifeline of the network and benefits all the people on the platform including businesses. Users use TEN to buy into other tokens that have been created for exchange or to raise funds on Tokenomy. TEN tokens allow merchants, companies and startups to earn loyalty points when using the platform. In addition, TEN tokens are used to pay for goods and services as the team to push for a cashless economy.
Tokenomy (TEN) is trading at $0.16 following a 10% surge in the last 24 hours. The crypto is also up 12% and 11% against Bitcoin (BTC) and Ethereum (ETH) respectively. According to the data available on CoinMarketCap, TEN is a $33 million asset currently ranked 146th in the market. It has a 24-hour trading volume of $3 million.