Top 5 Potential Moonshots (Opinion)

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Vitalik Buterin might think that the the days of 1,000 times the returns are over, but the cryptic community is hoping differently. True, the access barrier is now much higher and the $ 30 bitcoin time has long since passed.

The floor is getting taller, but the ceiling is apart from anyone.

The thought of rising coin prices, such as the realization of $ 20,000 by Bitcoin in December 2017, has led to the creation of a now legendary phrase in criptovaluta: "on the moon".

McAfee has planned the peak value of Bitcoin be $ 1 million in a few years; more conservative views have the value of Bitcoin to a few hundred thousand dollars.

The prospect of moonshots and general bullish sentiment was quickly accepted by cultish investors, often to describe their favorite projects as an unfailing success, with the hope that it will create a new series of crypto-millionaires.

That feeling could betray some irrationality, but the idea that there are projects whose potential is extremely underrated at this time is still valid.

Since the boom in cryptography, many startups have jumped on the blockchain bandwagon.

A closer look will reveal that there are several projects in the huge market that incorporate blockchain solutions with a solid business logic, have teams with a strong work ethic and have a long-term goal of carving out a more permanent place. for nascent technology.

However, it brings us to the question: how can one understand if a project can become big, become a potential target?

Is it purely in your case of use? It is in his attempt to update the technical foundations of an existing project, as in the efforts of EOS is Zcash? He's working with regulators and he's finding a more abstract purpose, how do security tokens do?

It is a difficult question to answer and everyone will have their own opinion.

In our opinion, the final proof of a project's potential is in its case of use. Specifically, rather than competing with existing entities, it should work with them to improve existing processes, services and products. The platform should be able to bring decentralization to the systems so as to improve efficiency and reduce costs.

A more subtle indicator of potential is in the ability of the network to redistribute power.

The BAT Project is an example of this, which draws power from advertisers and platforms to content creators. In the same way that the press and the internet have opened up possibilities for the masses, the platforms that give more power to the general individual will have good chances of success.

Finally, there is the nature of the technology itself.

Being so nascent, there is still a lot to do. We do not know if today's blockchain networks will be the best performing in the future. A completely new project could make a fundamental breakthrough in downsizing, transaction costs and consensus.

The development of blockchain technology it is an ongoing process that will undoubtedly capture the attention of many investors for years to come.

Although this is by no means an exhaustive list of criteria, the blockchain projects that control these qualities are certainly to be monitored, and is why the following were chosen as potential comments.

Disclaimer: this is just an opinion. This article is meant to be used only as a guide and is not intended as a financial advice. There is no substitute for doing your research and, as always, do not invest more than you are willing to lose.

Potential Moonshot Coins

OmiseGO (OMG)

Few projects are approaching blockchain technology and cryptocurrencies with the same composure and sensitivity of the OmiseGO team.

Based in Thailand, the project is taking a meticulous and systematic approach to bring blockchain benefits to the populations that need it most.

With a laser focus on creating liquidity for a thriving regional economy, OmiseGO seems to be approaching the blockchain implementation as a traditional activity, renouncing the hype and pump associated with the cryptocurrency market.

The combination of this work ethic and professionalism with the grand possibilities of its use case is a compelling reason to keep OmiseGO eye.

We have already written about OmiseGO extensively, covering theirs Cases of use, investment opportunities and technical architecture. In short, OmiseGO can be described as an encryption and fiat clearing house with the outlined infrastructure including portfolios, oracles and a decentralized exchange.

While many projects are actually building new-age startup and / or app equivalents, OmiseGO is one of the few that is precipitating a deeper social revolution, trying to provide a significant part of the potential economic superpower that is the ASEAN region with access to the global financial market.

The OmiseGO e-wallet SDK can give a population that is heavily dependent on e-wallets for daily transactions of financial access to the global market. At the same time, it can also increase the global economy by bringing a significant portion of the world population to the table.

Although the characteristics and the use case above are so favorable, OmiseGO still has another trump card: plasma architecture.

Plasma is an off-chain scaling solution that is a highly anticipated scaling solution, described with enthusiasm as capable of reaching millions of transactions per second.

The OmiseGO project will be the first to implement it – and to the delight of market enthusiasts, it's almost complete.

Plasma network
Source: OmiseGO blog

The seriousness with which OmiseGO is approaching the implementation of the blockchain guarantees much legitimacy to its efforts.

The team knows that it's a long game, and a balance between innovation and regulatory compliance is needed to truly make the road in an economy.

OmiseGO is a potential moon moon because of the way it uses the blockchain to help those who need it most.

Golem Network (GNT)

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The cloud computing market it is a multi-billion dollar industry that is growing at a rapid pace.

Almost all of our content, work and activities, from computing to gaming, are shifting to cloud-based services. A further improvement of the cloud infrastructure will precipitate the shift towards non-local computing.

However, with the increase in computing power, which undoubtedly will do so, we will have to rely on the centralized entities that provide these services.

Currently, these are technological monopolies like Microsoft and Amazon, which are used for everything from automatic learning to games.

Soon, almost all digital interactions will have some form of cloud usage. The cost of this is that we are at the mercy of these centralized monopolies, which have the power to make us pay high prices and keep our data.

Cloud computing is an ideal industry for blockchain application. In fact, several projects are working on the development of a decentralized supercomputing network in which each user contributes to the computing power.

The most established of these is Golem network, a project that shares many similarities with OmiseGO, in terms of how the team is executing their plans.

Measured and carefully, the team has put the nose to the millstone and has met important milestones that are segregated in different phases, which are named after various versions of the mythical Jewish creature, the Golem.

The current phase, Brass golem, sees them test the decentralized calculation mechanism for a case of rendering in CGI. This is already available for people to work with and users have leased their computing power and have been paid for it.

However, it is the arrival of the next phase, Clay, which will bring many other use cases – and here are the interesting prospects for Golem.

Self-learning, financial market analysis, neuroscience and simulations are all on paper and the team is working to make calculations possible with GPUs.

If Golem can successfully run these use cases, he can provide consumers with an affordable and cost-accessible cloud computing platform – and allow anyone to earn money to rent idle computing power.

Like OmiseGO, they employ moderation when they develop the platform: give up hype and bombast for a more low-key and prosaic image.

Substance on style, and this shows up Page Trello by Golem, which gives a look into their well thought out plans.

Among many other ideas, there is a market in progress – and it is well known that cryptocurrencies can facilitate marketplaces, just as Android and iOS apps have created opportunities for hundreds of thousands of developers.

If that were not enough, Golem nurtures an even greater ambition: to make the Holy Grail of "Web 3.0", a decentralized Internet, a reality.

The team has made this a long-term goal. Many other projects are working to achieve this, but if Golem becomes the reference cloud computing platform, they could increase investor confidence as the project that can announce the Holy Grail that is "Web 3.0".

Regardless, the simple fact of enabling decentralized cloud computing makes them a project to be monitored closely.

Basic Attention Token (BAT)

The Token project of basic attention, fresh from receiving a push from being listed on the main Coinbase exchange and the Circle Circle of Goldman Sachs, is a potential moon moon for its targeted use case and its success in conquering some of the biggest names in content creation.

Launched by Mozilla Firefox and co-creator of JavaScript, Brendan Eich, the project Basic Attention Token aims to revolutionize the way content creators are compensated for their work, eliminating dependence on publishing platforms such as YouTube and Facebook.

So how it is, these platforms have a lot to say on what content is published (as the censorship on contents related to cryptocurrency shows) and how effectively they are distributed. As with all centralized systems, the power to decide what is influential and what is not, depends on these entities.

The BAT project aims not to make compensation fairer, but to talk about the wider problem of censorship.

The Internet is undoubtedly an advantage, which allows information to move freely around the world and offers people a means to create job opportunities that never existed 5 years ago – think of influencers, opinion providers and video producers of each guy.

To some extent, the Internet has remained true to its principle of democracy, but the ability to communicate with users is limited by the commercial policies of giants and corporate governments.

What's worse is that the merchandise that sustains this nefarious cycle of power is your personal data. Advertisers look for digital space so that they can more accurately target products or services to users – and platforms are happy to share and even sell this information to them.

The BAT project solves the problems of information control, platform power, advertiser influence and user data privacy in one go thanks to a platform that allows users to choose whether to receive announcements and allow them to pay directly to their creators of favorite content.

BAT Ecosystem
BAT Ecosystem

Decentralized technologies are particularly suited to protecting data (through encryption and the fact that no central point stores it) and BAT seems to have reached a critical point become apparent since content creation has become a more viable career option .

The BAT White Paper has some stimulating statistics to offer:

… mobile advertising generates up to $ 23 in data costs for the average user. About 21% of the average user's phone battery life is exhausted due to mobile advertising. Publishers have lost around 66% of their revenue in the last decade (inflation adjustment) due to the blocking of ads by users.

The biggest factor that makes BAT a possible moon moon is that it has many of the basic requirements it needs to effectively carry out its use case.

It has several important publishers (over 3,000 in fact) as Guardian, the Washington Post and InvestInBlockchain, as well as a user base of millions that grows from month to month – evidence that there is something worthwhile to be here.

Another excellent reason to consider this project is the fact that they have no real rivals. There are some projects that are actually working to improve the advertising model, but BAT is by far the most advanced in this effort.

Perhaps the most important reason why the BAT could be successful is because the case of use they are targeting is necessary.

For a long time now, content creators have thrown themselves against the publishing platforms for the low pay and demanding workload they have to play in order to make a sustainable life.

This is why platforms like Patreon are flourishing: the high level of support that creators generate has turned into spectators willing to pay their hard-earned money to support them.

BAT is facing this, and the decentralized nature of cryptocurrencies means that users have the most direct and effective way to pay their favorite creators.

While Patreon may have this idea executed to a certain extent, cryptographic payments are almost instantaneous and have a much lower cost. In effect, it is as if the spectators hand out money to the creators, and there is no closer connection between a creator and a supporter.

IOTA (MIOTA)

Many already consider IOTA like a moon moon, and with good reason – the vastness of its potential to destroy entire industries is impressive.

Not operating on a blockchain, but on a direct Acylic chart, IOTA stands as one of potentially more lucrative investment opportunities and for several reasons.

The elephant in the room is IOTA's Tangle, which is their proprietary Distributed Ledger technology that gets faster as users get on board the network.

Recent data shows that the Tangle is processing transactions at an ever faster pace, which is tempting in a space that is still struggling with data validation.

IOTA's high transaction capacity has been designed with the intention of supporting another major industry that is expected to mature, the Internet of Things.

With the average family should have 50 IoT devices by 2020and the global total of such devices estimated to grow 50 billion, researchers and developers see the potential to be able to facilitate communication and interaction between these devices, rationalizing industries such as the automobile and the supply chain.

IOTA's Tangle, which is already being implemented in Taiwan for the creation of digital IDs, can support an ever-increasing number of devices, if its technology can stand comparison.

The project has already formed several partnerships, in particular with the German car manufacturer Volkswagen, with which it will launch a car analysis product called "Digital CarPass"In the first quarter of 2019.

The automotive industry is a very profitable industry for the project, since cars are becoming a part of the Internet of Things.

A proof of the concept released with Volkswagen

At the beginning of this year, IOTA joined the Mobility Open Blockchain Initiative (MOBI), a consortium created by Ford, Renault, BMW and General Motorsand it also involves IBM.

The consortium includes partners and sponsors from various sectors, academic institutions and non-profit organizations, who put all their skills and knowledge to create, among other things, a new vehicle technology standard.

The consortium mission is described as "[making] more efficient, economical, greener, safer and less congested mobility services by promoting standards and accelerating the adoption of blockchains, distributed mixed books and related technologies. "

Also increasing the preference of the project is Qubic, a 'secondary activity of the project listed as a top priority. Qubic is dedicated to smart contracts, oracles and machine-machine interaction and will be worked on for the next year and a half or so.

At that time, we should see IOTA grow to facilitate a series of smart contracts and outsourced calculations, which has a huge dual benefit to the ecosystem. You can perform a greater variety of processing tasks, which feeds you with the computing power that can be purchased from outsourced calculations.

The IOTA therefore becomes an information technology market that encourages the creative development of decentralized applications.

All in all, however, IOTA's Tangle remains the most appealing aspect of the project.

If it is able to effectively improve performance, as more users join the network, there is no easily visible project that can match it, at least in the near future.

It has already made great progress at the corporate level, with MOBI, the Taiwan identification system and, more recently, a handheld scanning technology called IAMPASS.

Does all this mean that it will surely exceed Bitcoin and Ethereum? No. But the probability that IOTA increases a lot in value seems a very realistic possibility.

Stratis (STRAT)

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The Blockchain-as-a-Service niche It has been calculated to be worth 7 billion dollars.

Say what you want about cryptocurrencies as a form of money, but it is gradually becoming clearer that basic technology is here to stay and holds immense possibilities for different sectors.

Similar to what happened in the early years of the Internet boom, the problem is that existing companies have difficulty absorbing new technologies, are running out of resources and, consequently, unable to build their own blockchain systems or integrate them into their current system.

This is where projects such as Stratis arrive, creating platforms that allow one-click implementation of tailor-made blockchain systems to meet the specific needs of a company.

Stratis focuses particularly on C # developers, who form a significant part of the world's development community.

It is not the only BaaS project out there, like Lisk and Ark are creating comparable platforms, although focused on different development communities.

However, Stratis's implementation of sidechain and smart contracts and the great customization possibilities are extremely convincing, as many companies already use C #.

An intangible aspect of the Stratis project that must be mentioned is the team's work ethic, and their remarkable results in to hit several important milestones.

Only in 2018, they launched an ICO platform, C # intelligent contracts in alpha, the Breeze privacy protocol, the Stratis Academy and an Identity app for iOS – and this is only a partial list.

Stratis Q4 Roadmap
Stratis Q4 Roadmap
Source: Blog Stratis

It would be negligent if we did not mention that Stratis is deepening its relationship with Microsoft (which is very fond of C # development, we might add), having been approved as Microsoft certified independent software provider and making his own available complete node on Microsoft Azure.

The intention here is very obvious: Stratis wants to bring its end-to-end solutions directly to developers, and the Microsoft marketplace is a pool of developers that can help them expand into the enterprise world.

This same expansion into the business world is the key to the potential of this project.

While more institutional funds are pouring into the cryptocurrency market, the broader world, especially small and medium-sized businesses, are starting to see the value of blockchain technology.

The problem is that the resources needed to upgrade legacy systems and integrate blockchain technology are quite high. Stratis gives them the push they need, making the blockchain implementation as simple as a few clicks.

This is Stratis's biggest x-factor, as it allows the largest market, to companies, to adapt to the blockchain era.

Final thoughts

Could we have included more projects? So much.

Are these projects a sure success? There is nothing to guarantee it absolutely.

However, there is one thing that can be agreed: each of the projects listed here includes those features listed at the beginning of our discussion.

Only the ignorant and impatient look at prices as they are and draw conclusions about the potential of a project. The BAT case is a case in point, while its price has largely moved sideways, the project is showing good progress in achieving the stated objectives.

Despite what the title of this piece might suggest, when choosing a token to invest, it is not about going to the moon.

It is actually quite similar to the school of value investment.

Whatever has value will naturally increase in price and meaning over a period of time. First assessment whether the world needs the project or not, and then evaluate how the project team plans to do so.

Projects should be treated as businesses: simple and simple. All eyes should be on management and how they do their work.

The time when almost everyone can launch a platform or an ICO has passed – the market is slowly maturing. With the institutional money that is said to be coming and regulatory oversight growing, the cryptocurrency market is going to be taken seriously.

And only those projects that behave like a company and take seriously the development of their blockchain solutions will stand the test of time.

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