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Cryptocurrency and ICO tokens are designed to represent functioning technology projects or products. Unfortunately, it was not like that. Of the first 100 cryptocurrency projects listed on CoinMarketCap, less than 40 have a real product that works.
However, since most of the founders of ICO and crypto do a good job of selling people on the idea of project potential and product concepts, unconscious investors are often misled into investing in these projects.
One of the things you want to look for when investing in a cryptocurrency is the reality of a fully functional product, not a prototype. You want a project that has a fully functional product or service that you can see, inspect and deepen.
Projects and products that meet this criterion are often indicative of a strong team, a serious society, an active community and may have full-term viability. These are the best projects in which to invest your money.
We've created this guide to help you identify those projects with real work products, in the hope that you can find one or more that meets your criteria, if you have one – and it will help you make money. Before starting the projects, we clarify what we mean by functioning products or services
What qualifies as an effective functioning product
In this guide, our emphasis will be on projects that have an effective roadmap that is followed by the team. We will look at projects with a release history, achievements, real product or service, early adoption at the very least, and a user base no matter how small.
These are the criteria we used to compile this list. With this information here, cryptocurrency experts and investors should have a worklist that they can use for their next encrypted investment.
Many projects indicate their main networks as their work products. While this is good, many of them have little or no decent adoption. So, for projects with active mainnet networks like their products, we will focus on those with a decent user base.
So if for example, there is a smart contract platform without intelligent decent products running on it, this is not considered
Bitcoin (BTC)
[19659002] The cryptocurrency and the pioneering blockchain of the world – 19659002
Now that we have clarified this point, let's go right and examine these projects. based on the application of digital currency, it is used for payments worldwide and has a whole niche around it. The p2p transactions performed on its network using its token have made global financial transactions incredibly simple.
Now, it is not necessary to wait 3-5 working days to receive the international bank transfer. With its technology without trust and decentralized nature, bitcoin drives the package of cryptographic projects with real work projects.
Because it is the main cryptographic platform, the cost of its tokens is quite high. This makes it an investment a little expensive. But if you have the money and are willing to be a bit patient, bitcoin is the safest and safest encryption project in which you invest.
Ethereum (ETH)
The second of the market Ethereum has introduced on the market a unique product of its kind, called smart contract.
With this product, agreements and transactions have become increasingly simpler, requiring minimal or no manual input once set. It is known as the world's leading intelligent contracting platform.
Not only that, the platform is a great place for creating ERC tokens. These tokens are usually representative of decentralized apps (dApps) that are also powered by the platform.
Although it is more recent on the scene (it was launched in 2013/2014), it has an enormous adoption and popularity considering its enormous problem-solving ability. Many companies have created their own tokens on the platform and even launched their own ICOs.
In fact, popular cryptographic projects such as OmiseGo were born from the same platform, making Ethereum the pioneer birth platform for many decentralized apps.
Ripple (XRP)
This financial transaction platform is a network dedicated to cheaper and faster international money transfers. This product solves a huge problem in the financial sector: international transactions of 3-5 days plus expensive transaction fees.
Traditional banking platforms currently delay transactions due to the way their financial networks are set up. Unfortunately, most customers do not have this patience and would very quickly opt for platforms that offer faster global transactions at lower costs.
Ripple boasts a 4 second transaction time for all international transfers. Yes, you read that correctly. You can transfer huge sums of money globally in 4 seconds using the Ripple platform.
This is quickly revolutionizing the financial sector with more customers jumping on the platform and throwing away traditional banking platforms. One thing is certain to know the difference between Ripple (company) and XRP (cryptocurrency currency).
Bitcoin Cash (BCH)
Bitcoin's first hard fork, this token was designed to help with bitcoin scalability problems. The adoption of Bitcoin has involved filling the blocks faster. This meant waiting times for longer transactions and higher transaction costs.
This was a real problem for the network. In order to improve transaction speed and reduce associated costs, Bitcoin Cash was created to solve bitcoin scalability problems. With blocks 8 times larger than traditional bitcoins, this provided an alternative, but similar, platform for bitcoin-based transactions.
If this is confusing for you, think of bitcoin cash as an updated bitcoin network, with eight times the bitcoin capacity for transactions. However, there is already enough controversy within the community, just after a year of activity and it will be fun to see how this expansion of BTC will perform in the coming months.
Stellar (XLM)
[19659002] Another payment-based platform, Stellar Lumens (XLM) is a fork of Ripple that provides a blockchain platform for all fiat transactions around the world. It serves as a kind of network that bridges the gap between payment processors, banks and customers.
This means that the transactions performed on the platform are encrypted, highly secure and without any doubt. Transactions on the platform are as easy as making payments via credit / debit cards or bank transfers.
Users can send and receive money over the network in a similar way to traditional transfers. Big companies have seen its potential, so they need partnerships between them. Some of these include IBM, Keybase and KlickEx. Of course they had the recent titles of Stellar and Facebook, but it was simply advice on an effective partnership, but still great exposure and you never know what the future holds. With over 1 million active user accounts, Stellar is ready to make a big run to be one of the major cryptocurrencies to make an important push to overcome the rest of the competition.
Litecoin (LTC)
Another bitcoin fork, Litecoin is a cheaper and faster platform for financial transactions. In fact, its strength is that transactions on the platform last only 180 seconds, compared to the 10-bit bitcoin delay.
Can do this through the Scrypt hashing algorithm. In the crypto community, Litecoin is often referred to as digital silver and, although it promises improved functionality, it does not actually provide that part, apart from improving speed.
Litecoin is much cheaper to use than bitcoin and has a widespread adoption among encryption enthusiasts, investors, traders and even regular merchants.
Tether (USDT)
One of the most "stablecoins", Tether's single service is the provision of a network where users can store, send and receive digital currencies without losing much value due to price fluctuations. Its value is currently pegged at the same value of $ 1.
In fact, it has been established that for every 1 USDT in circulation, there is an equal amount of dollar stored somewhere to match it. If you are looking for a highly stable cryptocurrency with conservative growth and profit margins, this is the crypt to check.
While there are those who think that Tether is a joke, the number of large traditional banks that supported the project indicates otherwise.
Note that if you are big on decentralization, on platforms without trust and zero regulation, this is probably not the best cryptocurrency to invest or trade.
Monero (XMR)
This is considered the most popular and established privacy-based cryptocurrency in the industry. A fork of the Bytecoin platform, Monero (XMR) incorporates features such as coin feasibility, ring signatures and stealth addresses to ensure privacy and personal data.
As a result, users on the platform can make their transactions without fear of discovering and under maximum anonymity coverage. The cryptocurrency created in 2014 has undergone massive adoption and growth since then, thanks to the combination of a team of dedicated developers and a strong community that loves the product.
Neo (NEO)
[19659002] While for the first time he came out with the concept of smart contracts, ethereum beat him for execution and adoption. As a platform for smart contracts, it is incredibly useful for digitizing traditional resources, which can then be transferred to the intended recipient on the blockchain.
The NEO is popular because of its Chinese origin and adoption. Indeed, it is often called Chinese ether, because its target audience and user base is largely in that country.
Similar to Ethereum in many ways, it is not surprising that it served as a platform for launching quite a bit of ICO and anywhere around the world. NEO seems like a good bet if you are looking for a cryptocurrency to add to your wallet.
You only understand that its Chinese work, which means that the country can ban cryptography, as they did sometimes, at any time.
Binance Coin (BNB)
Binance's native token, Binance Coin is used to attract discounts on transaction fees charged by the exchange, especially during withdrawals. Thus, it drastically lowers trading fees compared to other tokens.
Withdrawals of capital using Binance Coin attract up to 50% discount for the first year, 25% for the second year and 12.5% for the third year. This is a lot of profit and money saved by traders and investors when using the platform.
As a result, many traders active on these platforms typically buy and retain cryptocurrency because they prefer to save on withdrawal fees.
While only has one use case, and is therefore considered very limited in its scope of use, the fact that it has millions of users and investors and an active community behind it, qualifies it as a functioning product.
ZCash (ZEC)
Another privacy-based cryptocurrency, the only use case of ZEC is the shielding of transactions conducted on the platform using technology of zero knowledge encryption. This is a desperately needed product as most cryptographic transactions can be monitored and viewed on the public blockchain register.
The only reason why real users can not be identified is because those transactions go to public addresses that have zero identification behind them. ZCash ensures that both senders and recipients are not even displayed.
Therefore, it is not possible to display the transaction value and the addresses of the source or destination portfolio. By courtesy of the effectiveness, ethereum is also trying to adopt its technology and implement the same thing, in an attempt to encourage anonymous transactions on the platform.
Qtum (QTUM)
A platform that is a kind of a hybrid between bitcoin and ethereum, Qtum hopes to overcome the ethereum by improving its technology of smart contracts becoming the platform of Scars and the transfer of value, while providing a platform in which cryptographic transactions can be performed.
using the consent mechanism Proof of Stake, which Ethereum will adopt very soon. As a relative newbie in the cryptography industry, it has actually proved a working product that people like.
In an attempt to further overcome Ethereum, we aim to improve compatibility with mobile devices. Its platform dapps and smart contracts is fully functional and available to users who have used it, with Space Chain being the most prominent project.
0x Protocol (ZRX)
An ethereum based cryptocurrency project, ZRX has proved to be one of the best working projects launched on the ethereum platform.
This open-source project is designed to facilitate the token ethereum exchange without trust through the use of relayers. The decentralized apps running on the platform also serve as a means for ethereal exchange without interruption.
While the platform can only facilitate ERC-20 token exchange for now, developers are working on an update (protocol 0x 2.0) that will incorporate and facilitate the exchange of other Ethereum-based ERC tokens.
Because it is relatively new on the scene, the project has been clearly marked as one of the best cryptocurrencies of 2018.
Bytecoin (BCN)
The third privacy-based cryptocurrency in this list, BCN has rapidly grown to become a bit popular.
Users looking for an anonymous platform where transactions can not be tracked, instantly or analyzed by blockchain controllers will feel at home with Bytecoin. This project has been around for a while – launched in 2012 – and has shown steady growth over the years.
It is not surprising that it has an active community, achievements, a functioning product and a solid user base. Developers are constantly working on the project, further improving it and further improving it.
Decred (DCR)
Blockchain governance is a big problem. This is the reason why some developers who were working with bitcoins started the project. This project is designed to solve the current problem of limiting bitcoin blocks, as well as ensuring decentralized and unreliable blockchain governance.
This has become increasingly important in the face of growing blockchain projects that require a faster update of a consensus can be achieved.
With this project, developers and founders can easily implement updates without having to seek consent. Decred is ready to play a huge role in global digital payments and to improve the growth rate of the encrypted sector.
BitShares (BTS)
Bitshares has an interesting use case: aims to help unbanked carry out financial transactions anywhere in the world. The project is a decentralized exchange that has been built with growth in mind.
So the scalability problems are non-existent, while the transaction fees are perpetually low. While the cryptocurrency project is no longer driven by its founder, it still has an active developer team and a community that ensures that the project continues to function.
Project services currently include stable price encryption, decentralized resource exchange, payment services and more. [19659012] Steem (STEEM)
Created by Steemit, a decentralized social media platform, Steem is the platform's cryptocurrency token. Content creators and participants of the Steemit platform can be awarded micropayments.
A good example of a social media site similar to that of reddit is. Only, instead of upvotes and downvotes, users encourage participants through micropayments.
While cryptocurrency is not readily available in exchanges, you will find it as the native token of the platform. For many people, this limited scope can be daunting.
But, remember that this has an active platform with a significant number of participants. Continuous use is bound to determine an increase in value, considering that the platform is still growing.
Siacoin (SIA)
Companies are rapidly understanding the importance of blockchain in key industries. One of these sectors is cloud storage. And cryptographic projects like Siacoin have been created to ensure people are looking for blockchain-based cloud storage services.
Siacoin is a decentralized cloud storage platform based on blockchain. Siacoin offers more security and convenience than traditional cloud storage facilities like Dropbox, Amazon S3 and Google Drive.
The project has a decent adoption, an active community, a very serious team on its success and enormous potential. Once it has a solid foundation, it is destined to destroy the cloud storage industry from over $ 200 billion.
Augur (REP)
Launched in 2014, Augur is a blockchain-based futures forecasting platform. Bettors and speculators love the product and its enormous ability to upset speculations and futures markets.
The project has launched its mainnet quest & # 39; year and seems positioned to further improve its product. As a decentralized forecasting platform, this works using gamification to encourage crowdsourcing insights.
These insight crowd-sourced are then used to predict future event results. The REP token is the native token of the platform and used to bet on these results. In fact, the platform has been used to predict over 300 results.
This is a huge project and one that is able to get even more massive adoption as it grows. The gambling industry is generally hugely successful and this blockchain-based project will not be any different.
Basic Attention Token (BAT)
This is the native token of Brave Browser, an ad-browser block dedicated to rewarding users rather than companies. The Braat Browser's Basic Attention Token (BAT) is designed to filter ads, unless you turn the feature on.
And even then, advertisers have to pay you directly instead of any of the big advertising companies, to post their ads on your browser. The project already has a huge adoption, with over 3 million users.
This working product, combined with the team's very frequent updates, makes it one of the most successful and widely used blockchain products. Users who enable the advertising option are rewarded with BAT.
Nano (XRB)
This was known as RailBlocks until the company rebranded the project. Nano is a highly scalable payment platform that charges zero transaction costs.
This was possible thanks to the platform's ability to create a unique and separate blockchain for each account on the platform.
In this way, there are no complications and transactions made on the platform are almost instantaneous. Nano has a complete working product that makes it a great platform.
Golem (GNT)
As processing, data mining and data processing requirements continue to increase, companies are providing innovative solutions to help meet these requirements.
Golem provides one of these solutions in the form of an "intermediary" linking those looking for more GPUs and those who need to save.
So if you need additional graphics processor power to complete a simulation or run a model, you can easily access the platform and hire the necessary GPU.
Golem provides the resources of the GPU, so that the intended users can simply pay for it. The team behind the project has already released the main network and is working to reach other milestones on the roadmap.
Pundi X (NPXS)
This is the project behind the POS device that is capable of processing both the fiat and crypto transactions. The company has already distributed the first batch of about 500 of these devices, which are already used by dealers and retailers in Asia.
In the coming months, thousands more will be distributed in the market. This, combined with their cryptographic credit cards and XPASS cards, makes the product range incredibly complete.
By using this complete ecosystem, customers and users can easily pay customers and merchants using known cryptocurrencies like bitcoins and ethereum. These are then instantly converted into the local currency of the trader.
In this way, traders never have to worry about having to convert the criptos themselves or their floating prices. With Pundi X, the use of encrypted ones becomes incredibly easier for everyday purchases and uses. This has a huge appeal of mass adoption and could be a clever crypt to add to your portfolio.
Waves (WAVES)
The Waves Blockchain platform was the first to make it easier for anyone to create their own blockchain tokens. This, combined with decentralized exchange, makes it incredibly easy for users to exchange those tokens and other encrypted ones.
The project is so focused on the user experience, that they have created a mobile friendly interface for exchange, as well as adding some extra features designed to facilitate trading and encrypted exchange on the platform.
Its key product is the Waves client which makes it easy for anyone to create, send, share and store the various blockchain tokens.
KuCoin Actions (KCS)
As for the Binance exchange, Kucoin is another exchange that has its native token called the KuCoin actions. It shares a similar function with the Binance currency to help users pay less in their withdrawal rates from the KuCoin platform.
It is only different in the sense that it pays dividends to shareholders holding the currency for a predetermined time. Users also enjoy a 5% return on investment. KuCoin enjoys massive adoption in the form of users and hodlers to actively exchange them and maintain them for their long-term value.
Wanchain (WAN)
The Wanchain project is dedicated to building a platform that connects the digital economy by exploiting the blockchain interoperability
Platform users can enjoy everything from digital IDD management, decentralized financial services, medical data security and supply chain management, among other things.
The platform currently offers Ether transversal transfer, while working on a similar solution for bitcoins and some other Ether-based ERC-20 tokens.
Komodo (KMD)
This platform is a pioneer of decentralized ICO dedicated to hiding the details of transactions carried out on the platform. This makes it an extraordinary platform for anonymous transactions as it hides the addresses and amounts of wallets sent between users.
While there are some privacy-centric cryptocurrency projects, Komodo offers some other features such as providing a platform where developers can build their own blockchain and decentralized ICO launches.
With its digital payment ecosystem based on anonymity and end-to-end blockchain solutions, this is a worthy cryptographic project to invest in.
Here you are: Top 28 Cryptocurrency Projects of 2018
Thank you for reading and remembering, leaving comments, feedback and suggestions and we will be ready to respond, to adapt and to go back in case you asked for it.
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