Stratis, the former top 10 cryptocurrency has dropped to number 15 on the list and seems extremely undervalued in today's market. Whilst most crypto's have gotten a good boost lately, Stratis has been overlooked and is in my opinion overdue for a leg up in price.
WHAT IS STRATIS
Stratis is a blockchain like Ethereum, but there are a few things that set Stratis apart. Stratis is aimed at providing 'Blockchain As A Service' (BaaS) to the market. In short, what this means is that they are creating an all-in-one enterprise package for IT firms to start using blockchain technology in their products. Similar to NEO, using the Stratis blockchain does not require the learning of new programming languages but programmers can use existing languages such as C# and .NET. They have cooperation from Microsoft and with their focus on corporate solutions Stratis I believe it will be a big player in the future. I can see today's largest IT firms, you know, the Microsoft Certified-types, eventually using the Stratis blockchain instead of the Ethereum one, because Stratis will fit in way better in their corporate and structured world.
Where I see NEO definitely taking the Asian markets, and Ethereum being the biggest globally, I believe Stratis will fill the niche of boring tech companies in the West. I'm sure you are aware of how big the boring tech company markets are. Where Ethereum will be wild, new and fluid and in some ways perhaps uncertain, Stratis will be corporate, stable and accountable.
If you aren't sold yet, there are additional features to the Stratis blockchain that increase it's value and make it more interesting. They advertise a Tumblebit feature for privacy, and have recently introduced staking through Masternodes. And, I'm sure you are aware of the current trend with coins that pay out dividends, so this applies to Stratis as well (though admittedly this is only available to investors with a sizeable fund).
WHY BUY NOW?
For the reasons mentioned above Stratis has long been viewed as the corporate Ethereum and for that reason it has been at the top of the list of cryptocurrencies for quite a long time. With all the excitement regarding new coins it's easy to lose sight of the old frontrunners. While the whole market has been booming, Stratis seems to be overlooked and currently seems to sit at a very low satoshi value. Whilst the market cap in USD has not shrunk that much, the total cryptocurrency market grew significantly and as such the cryptocurrency has dropped down to the 15th spot in the top 100. That alone makes Stratis an interesting speculative investment option, as it almost seems like it couldn't go any lower.
Furthermore, the introduction of staking has been a recent one, and may very well still find it's way to investors. I know I didn't learn about this until after it was introduced a while ago. Staking allows investors to earn dividends, which by itself should have a positive effect on price.
Add to that the fact Stratis has very recently announced a partnership with Earth-Twine . In short, they are going to provide a blockchain for seafood/fish. Now this news may seem boring at first, which is exactly the corporate industry Stratis is aiming at, but when you consider that the global Fish market is absolutely huge in terms of market size. This is only the first and 'small' step for Stratis - imagine all the other markets: flower markets, vegetables, container shipping, etc. etc. I don't see these markets on Ethereum (who would market it to them?) but I do see them easily getting onboard with Stratis.
While Stratis has a rather boring appeal, it does remain a very solid investment. It has all the potential of NEO, maybe even more (depends on wether you think Western markets are bigger/smaller than Asian markets). While NEO might drive Asia's blockchains, I believe corporate America and Europe will be running Stratis blockchains instead. And NEO just showed us all that there is a lot of room for this former champion to grow still. At a current market cap of only $550K it is hugely undervalued and should be triple that at least, if not close to equal to NEO.
I know I couldn't resist the opportunity. I just got some, and I feel that I got them at a steal ! Bitcoin will be dipping soon, it can't go up forever. Money will start flowing into the altcoins at that point. I don't see Stratis booming immediately, but in a few months time I know I have high expectations for my Stratis.
I have few followers and my ability to get news out there is limited, so if you like this post or Stratis please consider Resteeming and/or upvoting, I appreciate it a lot!
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There are so many cryptocurrencies coming out these days - wouldn't that dilute the whole market?
I don't think so. I think this market is going to be much, much bigger in the future.
Also, Stratis is not a new coin at all. Before anybody was looking at NEO or OMG or TenX, Stratis was already one of the biggest and most anticipated coins, often seen as something that could have similar potential to Ethereum. I feel NEO has just proven that such coins do indeed have similar potential.. to me it's only a matter of time before Stratis goes through the same growth (unless a disaster happens, of course)
I agree, Stratis is not new but undervalued. I am buying back in on the next dip.
I'm thinking of pulling part of my money out of NEO and putting it into Stratis actually. IMO if NEO has a marketcap of $2.5 billion, then Stratis should be at like $1.5 billion (because let's be honest, it is more boring than NEO and has less hype). If I were certain NEO was done growing for a while I would, but I'm not sure NEO is quite done yet!