I feel that Ubiq is undervalued for several reasons and I wanted to draw people’s attention to it. I have not invested yet as I have been doing my due diligence.
I shall be very soon!
Ubiq is an etherium type currency. Most people are going to Ethereum classic these days. Currently Ethereum classic has about a $1.9 billion market cap. Ubiq is a stable enterprise-ready build of the Ethereum’s already prevailing blockchain. As we all know, ethereum has cutting edge tech which evolves and is a leader in development, but it remains in an alpha stage. This is not a problem being in alpha stage but for enterprise-wide solutions it too risky to release. It still has bugs and vulnerabilities that have the potential to cost huge sums of money when they are fixed or updates are necessary.
For large scale enterprise applications, there needs to be a stable build with features that are functioning. This is Ubiq’s value. It’s developers are excellent and as far as I can see, it has an extremely engaged community which goes a long way in convincing me of its potential. So far, Ubiq is only utilising functioning features of Ethereum within the Ubiq blockchain.
Basically, Ubiq is taking the conservative approach to Ethereum. They are taking a slower approach to their upgrades and updates.
Ubiq has a market cap of a mere $78 million (in the third week of May, it’s market cap was $13million) so it’s growth is fairly impressive and its potential is enormous.
My perspective on Ubiq is that: Ubiq to ethereum is what litecoin is to bitcoin!
Please ensure you do your own research, but its growth potential is enormous. I believe by Christmas it could very easily have surpassed a $200million market cap. To be clear though, I consider this a LONG-TERM investment!
If you disagree, please comment and explain why. If you like this, please hit that upvote button!
Much love,
Greatmb.
Very good blog. Interesting to see I'm not the only one that is thinking about this. It surprises me people don't do their due dilligence on the coins they invest in. How can you invest in something if you don't know it's Trustworthiness. I found this amazing platform: https://www.coincheckup.com. This site did all the research for you. It's truly amazing. Check for example: https://www.coincheckup.com/coins/Ubiq#analysis To watch Ubiq Detailed analysis.
I believe so. It's such a nice chain.