Expanse Analysis ($EXP)

[thescoop]

The following is not financial advice.

Welcome to back The Scoop!

This is the next post at a place where we share analysis and opinions for interesting coins, tokens and pure gems in the vast landscape of the blockchain world. There's so many coins out there, but not a lot of free information (looking at you, paid groups) and analysis on them. The Scoop aims to change that by sharing and improving the data available for a given coin.

What is Expanse?

Launched in mid-late 2015 with a small team and no ICO, it has grown up to hold it's own. It's the "first stable fork of Ethereum" with a focus on DAO services such as Identity, Equity, Commerce, Governance and Charity.

Quick Technicals

Algo: Dagger
Block time: 30 seconds
Block reward: 4 EXP

More details at Bitcointalk:
https://bitcointalk.org/index.php?topic=1173722.0

Where's the wallet?

https://www.github.com/expanse-org/mist/releases

Along with the (original) whitepaper:

https://docs.google.com/document/d/1ITNRmZ0dTse-aZqjbWiC9w1n2XpPvKyl4J9BP-liuxw/edit?usp=sharing

How many of them are they?

CMC says ~7m circulating with a total supply of 16m.

Who's the team?

Lots of Blockchain folks.

How is Expanse different?

They have a history of delivering and 2018 should be a pivotal year for them., especially with TokenLab.

2017 year in review:

Pros

• solid growth
• projects
• reasonable marketcap
• clients and adoption

Cons

• less marketed
• competition

Where is it traded?

It has stops at most of the major exchanges and room for more.

https://coinmarketcap.com/currencies/expanse/#markets

The Final

Based on the FA, EXP looks like a low to medium risk with high reward potential if they continue to deliver and catch on. Picking it up under 30k sats would be bargain or around $7-$8 would be an upper entry while still expecting solid, crypto-style gains.

And that's your scoop!

Nobody is perfect. See anything I didn't quite get right, or needs correction? Please let me know!

Remember, absolutely NOTHING you read on this blog, twitter or otherwise content anywhere on the Internet by the authors is financial advice, so DYOR and be responsible!

One more time in case you didn't see the first two: this is NOT financial advice! Also, The Scoop authors may hold coins discussed here which may creates some bias, but we try to be fair.

Comments

[cryptoclub]

Thanks for the post, resteemed and upvoted!

[sethlinson]

I've been holding EXP for almost a year now and accumulating more when I can. It's one of my favourite cryptos. Highly undervalued in my opinion.

[kabraxisx]

I think at the posting of this article, with EXP trading at just below 40k sats, 30k would have been a far stretch. :)

[thescoop]

Sure, but dips occur from time to time ;-)

[ethertrench]

Little correction: Blocktime: 30s, Reward 4 EXP

[thescoop]

Thanks for the info! Fixed.