Following a recent article I wrote, I want to give my picks for (non-ChainLink) coins that I believe are (or will soon be, based on development progress) high-value coins that you can buy right now at low prices before they explode in price later in the year. Most of these are focusing on developing their product right now, so they are at a great point in the J-curve — far enough along to indicate a high probability of success, while still early enough that they have not yet begun serious marketing.
Brave (the company behind BAT) is trying to fix the problems that we face due to the current online advertising paradigm. In its current state, online advertisement is prone to low quality content, poor targeting, and a lack of viewer engagement and conversion. Generally, there is very little quality control on both the advertiser’s end and the user’s end, and this severely limits the effectiveness of advertisements. Brave is trying to fix this through the use of BAT and Brave’s custom, high-quality advertisement environment. It will pay users in exchange for their attention while watching curated advertisements, and will allow users to either cash out their BAT or spend their BAT to reward content creators. As the above image shows, this creates a loop connecting publishers, users, and advertisers, in which each party is benefitted by participating in the program. Brave currently has a browser that already integrates BAT payments which has millions of users, and is constantly growing its user-base.
iExec aims to create a decentralized cloud computing service that can support DApps (decentralized applications) with computing power, data-sets, and other services. As this article explains in detail, something like iExec is necessary as DApps mature and become more computationally intensive. iExec will provide an easy way to use off-chain computation, lessening the load it puts on the Ethereum (or any other blockchain) network. iExec currently has a functioning v1 of their service with a DApp store that already includes Blender, and will have a finished v2 in Q2.
Enigma has created a protocol allowing you to run calculations on data without having to access the raw data itself. This removes the risk of exposing sensitive data to unintended parties. It also aims to run a decentralized data marketplace, in which data-sets can be contributed by organizations and then consumed by anyone. Privacy-enabled computation is a very important issue, given the recent security breaches throughout the world, and has wide applications in several fields such as biology and finance, in which sensitive personal data is often handled. Enigma currently has a functioning trading platform called Catalyst that uses its data marketplace.
Request aims to create a service that allows people to create “request invoices” for (very) low-fee payments, complete with auditing and accounting services. The Request system is payment-agnostic, meaning that each party can choose to use whichever currency they want, and Request will simply handle the conversion on its back-end. The most visible goal of this project is to create a “Pay with Request” button, similar to PayPal’s functionality, that will allow people to pay for things online using any (crypto)currency. This solves a fundamental issue standing in the way of cryptocurrency’s adoption as a form of payment, as companies can use Request to automatically receive fiat currency in exchange for users’ cryptocurrency, saving them the work of having to store many different, volatile, coins. Request’s main network is releasing in Q1.
Quantstamp provides security audits for smart contracts, in the form of both manual review and automated review. There have been several recent instances in which smart contract vulnerabilities caused damage and loss of coins. If smart contracts are to have serious industry presence in the future, it seems like formal auditing processes are necessary to ensure their correctness. Quantstamp has already successfully audited several projects, such as Request Network. Quantstamp is demoing at Y-Combinator’s demo day in March.
These are smaller coins than the ones mentioned above, so there is potential for even more profit. I believe these are a bit more risky, however, so keep that in mind when investing in coins earlier on in their development process.
Genesis Vision [GVT]
Genesis Vision is a next-generation investment platform in which individual investors can contribute funds to investment managers. Each manager will have his own token, which will gain in value based on his investment performance. Profits are then shared with investors who gave money to that manager. All transactions are handled through smart contracts and all trades are publicly shown.
Decision Token [HST]
Horizon State aims to create a token-based blockchain voting and decision-making platform that has several advantages over current voting practices. Its approach is cheaper, quicker, more privacy-enabled, and tamper-proof. They are in contact with many communities and organizations throughout the world who would benefit from such a system, such as the United Nations Intergovernmental Organization Be Earth Foundation.
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Note that I am not an insider and have no guarantee that these projects will succeed. Take my advice at your own risk.