Looking for the best cryptos with lower market caps to buy that have a great chance of thriving ($$$) in the years to come? I will give you my recommendations and why I think these will be thriving in the long term future when others begin to die out.
- Platform Coins
What is a platform coin?
A platform coin is a crypto that builds Decentralised Applications (Dapps) on top of itself. Many people just buy the Dapp crypto currencies built on the platforms - this is like buying the milk, my recommendation is to BUY THE COW that makes the milk. Ethereum has 1000 Dapps running on it, buy the platform coin - Ethereum and forget about the rest. You MAY find a gem in crypto Dapps but it is much safer to buy the platforms.
These are 3 quakity platform coins, alternative options to Ethereum:
- Nuls - This platform crypto has been built to be MODULAR what this means is that it can be taken apart and put back together and easily upgraded. Right now Ethereum is upgrading their code to improve scaling, right now ethereum can do 8 -12 transactions per second but it is taking years to do roll out these upgrades, Nuls has an incredible team and is sitting at under $2 with a market cap of 70 million right now, 500 times lower market cap than ethereum. It takes a minimum of 2000 Nuls to stake and receive dividends, with 20,000 for an agent node and 200,000 for a masternode. Nuls can also perform a whopping 1.2 Trillion transactions per second, thanks to sidechains and platform structure.
- Elastos
Elastos or ELA is a network operating system (Elastos isn't device specific like Android or IOS and Dapps), Dapps fo not connect directly to the internet, but to Elastos first and then to the internet, creating a firewall to prevent spam in Dapps and an unhackable environment where malicious behaviour first has to crack the millions of code in Elastos to get to any Dapps.
Elastos is a platform coin that is looking to completely recreate the internet in a way that digital items and goods can traded. You may have seen several blockchain youtubers like Blockchain Brad, Crypto Zombie, Crypto Lark speaking about it as their " one of their favourite cryptos" with a few of them saying if they had to go all in on one, it would be Elastos.
So why buy now?
Elastos is starting to develop Dapps on top of their platform and they are airdropping a cut of all the new crypto cyrrencies being built on top of Elastos to ELA holders. Elastos is merge mining with bitcoin at the end of the year with Bitmain (2nd biggest bitcoin mining farm, in the world), dedicating a huge 50% of mining power towards Elastos with the other 50% to mine their current coin - Bitcoin, with all this hashing power, Elastos will be an incredibly secure network, much like Bitcoin. Elastos is also building an "Internet of Value" where you can buy and sell digital goods, for example, right now you can buy a Kindle book on Amazon but you cannot resell it, you bought it but if you truly owned it, you could resell it, this is where Elastos comes in, creating a whole new internet of wealth where you can buy, sell and trade anything you own that is digital. We will cover Elastos more deeply in future.
- Holochain
Holochain is a framework for distributed apps and has been one of the most decentralised ICOs ever launched, with only 1 ethereum allowance for contribution per day during their crowd funding.
Holochain has been in development since before the bitcoin whitepaper was written and the team has set up a structure in which their platform can scale seemingly limitless transactions per second through the use of child chains.
Holochain has an incredible team being quoted to have code that is "crazy good" quoted by the code reviewer. Holochain uses a Hash-Tree like structure - quoted ditectly from the Holochain website:
"Instead of trying to manage global consensus for every change to a huge blockchain ledger, every participant has their own signed hash chain (countersigned for transactions involving others). After data is signed to local chains, it is shared to a DHT where every node runs the same validation rules (like blockchain nodes all run the same validation rules). If someone breaks those rules, the DHT rejects their data -- their chain has forked away from the holochain." Holochain appears to be thinking outside the box away from blockchain while still maintaining a safe and secure network for Dapps.
Holochain aims to bridge the gap between tech and the way we do Dapps, creating a framework that is user friendly with ease of use. They aim to create asset backed crypto tokens.
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BITCOIN address
1BPiMbJ7p1zyDXHLf4otHCvTmgksbPnkeG
ETHEREUM + ERC20 tokens
0x603e84576bb56d054c4d753c98b491ad11fbc73e
NULS
Nsdtxs7FK8Bg6t8wVcLNJv1K9Sc8mPEN
ELASTOS
EgMkEB6YrYey9xxSchUpK54rAZ4dvXb4sP
Holochain (HOT)
0x603e84576bb56d054c4d753c98b491ad11fbc73e
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