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Last May, Syscoin ( SYS ), a cryptocurrency presenting the first portfolio in the world with an integrated decentralized market, completed a hardfork of the its blockchain launch Syscoin 3.0, expanding its peer-to-peer electronic payment system to business applications.
As part of this fork, Syscoin launched Syscoin Assets to provide a tokenisation layer on the Syscoin network, making it possible to launch tokens on the Syscoin chain. Similar to other blockchain platforms such as Ethereum ( ETH ) and NEO ( NEO ), Syscoin Assets can be used by third parties to build decentralized projects and applications (DApps) with a wide range of use cases such as crowdfunding, support of physical resources, loyalty points and more.
By helping the project stand out as a platform for the launch of DApps, Syscoin introduced Z-DAG, an instant settlement protocol enabled by masternodes, to serve as the first level of consent, enabling high-speed transactions for Syscoin services. This system finally allows the Syscoin platform to keep up with the imminent network load due to expansive applications.
While Syscoin Assets is still in its infancy, there are some already known projects that are planning to launch on the platform. [19659002] Coin Coinments (CPS) | Airdropped July 1, 2018
Description: CPS Coin is a new utility token for the CoinPayments framework and is used to facilitate instant transactions within the CoinPayments system. CPS is also becoming an accepted digital currency to select ICOs and investors can use CPS currencies to participate now in the ICOs of ShelterDAO ICO and SecurCoin. There are said to be another 11 planned projects that will support CPS payment.
Distribution: On 1 July 2018, a snapshot was taken of all Syscoin addresses and 6% of the total CPS Coin supply. was distributed proportionally to the Syscoin balance held at the time of the instant.
Bitcab (CAB) | Tentative ICO and Airdrop on Q3 2018
Description: Uber 2.0 for blockchain age, with stronger network effects and loyalty features, all enabled by an ecosystem of platforms superior, gamification and tokenised technological model.
Distribution: Bitcab is planning an ICO, probably by the end of 2018. For its planned airdrop for the Syscoin community, 4.5% of the total supply of CAB tokens will be distributed proportionally to the balance of Syscoin held at the time of the instant.
AiBB (AIBB) | Tento d'ICO and Airdrop as of 25 July
Description: A central analyst with an AI assistant to help investors make sense of the crypto markets. This all-in-one application contains all the tools and features that investors need to grow their portfolios and become successful traders.
Distribution: AiBB is planning an ICO starting July 25th. While the initial stages of the project will be on the Ethereum blockchain, AiBB plans to move to Syscoin's blockchain to allow "more transactions and better transaction speed in the next phase." AiBB will present 1 AiBB token to 1 million eth and Syscoin portfolios, which provides users with access to the AiBB portfolio and the Trade Analysis module.
Note: It is currently said that Etely a fitness driven by the IA and health application, will be built on the Syscoin platform . However, this information has not yet been confirmed.
Final Take
While it is still early, it seems that the new Syscoin Asset platform will try to solve the downsizing problems that plague many other blockchains at the outset. Time will tell how the ecosystem proceeds, but leveraging flights to the Syscoin community is a smart approach to mobilizing the large project community.
Related: Syscoin addresses commercial applications Blockchain with the latest rigid fork
Similar: a list of ICO staging projects on Stellar in 2018
Disclaimer: The author of this article has titles of cryptocurrency which may be traced here . This article is for informational purposes only and should not be taken as investment advice. Always conduct your due diligence before making investments.
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