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RE: Show Me Your Alt Bags

in #cryptocurrency7 years ago

The Ark wallet is easy and slick looking, you may have tried it a while ago because I've never had any bad experience.

The "rocky path recently" that I mentioned with Rise is that they got delisted from Bittrex. It happened suddenly and Bittrex and Upbit (which is just Korean Bittrex) were their only exchanges. They've been talking with other exchanges daily in the past few weeks but as of right now there is nowhere to acquire Rise.

Once they get back on some good exchanges, the DPoS returns are awesome. About 18% annual return. 5000 Rise coins held in your wallet will get you a little more than 2 per day. When Rise was consistently over $1 I was using those returns to invest in other coins.

They also had an incubator program where they help dapp startups that want to build on the Rise platform and as a fee they accepted 30% of the ICO tokens. 20% of those were to be airdropped to Rise holders and 10% to stay with the team. Unfortunately this is the reason they were delisted from Bittrex (against SEC regulations to promise passive income for holding) so they put a halt on the airdrops until things get settled, maybe for good.

When they do get back on some exchanges next month I think they will be undervalued because of the bad situation they have been in but I recognize it is still a big risk. They're still testing their core network which was rewritten in typescript ("upgraded" from Javascript) and once that's going and secure they are going to work on getting the sidechains working.

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Wow that is really interesting. I remember looking into all DPoS coins at one point and thinking that Rise looked really cool and it seemed strange they didn't have a higher market cap. I'll definitely keep an eye on this. Thanks!!