7 cryptocurrencies to consider during Bitcoin fork
0x (ZRX)
- Outline: ZRX is an open, permissionless protocol allowing for ERC20 tokens to be traded on the Ethereum blockchain
- Current value: $0.18, 65th place on CMC
- Usage: will be the base for several decentalised exchanges/relayers with many popping out already: Amadeus and Radar relays, Paradex, Kin Alpha, Ethfinex
- Value: 0x token will be needed to fuel those exchanges so the need for tokens should create demand and increase price
BlockCAT (CAT)
- Outline: BlockCAT lets anyone create, manage, and deploy smart contracts on the Ethereum blockchain with just a few clicks
- Current value: $0.59, 315th place on CMC
- Usage: CAT tokens will be needed for smart contract deployment, and will also serve as a mechanic for verifying third-party marketplace smart contracts
- Value: Blockcat will try to make smart contract creation mainstream by making it super easy, if that happens there will be crazy demand for tokens
district0x (DNT)
- Outline: A network of decentralized markets and communities. Allows people to create, operate, and govern their own projects on the platform
- Current value: $0.04, 136th place on CMC
- Usage: token is used for interaction with the District Registry and to govern various aspects of the district0x Network at large.
- Value: the value of the DNT token should increase with the popularity of the platform. Everytime new significant district is intoduced the need for the token should increase.
Everex (EVX)
- Outline: Everex provides blockchain-powered money transfers and microfinance services - will allow people to transfer, borrow and trade in any fiat currency anywhere
- Current value: $1.49, 133th place on CMC
- Usage: token is the token is used the fuel of an internal reward system and is part of the governance component of the capital-transfer system.
- Value: Everex has potential to go mainstrem and if that happens the value of tokens would increase
Change (CAG)
- Outline: Change is a decentralised cryptocurrency bank, wallet and a card.
- Current value: $0.26, 247th place on CMC
- Usage: CAG will be used as utility token throughout the platform but will also generate income from the fees. Additionally when paying in Change token through the Change card the fees will be lowered.
- Value: CAG value should increase the more people are using the Change Bank platform - this is because the tokens will generate more income. It is also beneficial for card holders to use CAG tokens.
AdEx (ADX)
- Outline: Adex is a blockchain-based ad exchange aiming at disrupting the existing online advertising landscape and address its issues
- Current value: $0.92, 83rd place on CMC
- Usage: Within the AdEx ecosystem, the AdEx token (ADX) will be used internally to buy or sell advertising space and time. Advertisers would be able to create ads, and then place bids for them, setting the bid in ADXtoken.
- Value: the token will be needed to participate in the platform so the more advertisers use AdEx the more valuable the token will be
Request Network (REQ)
- Outline: A decentralized network built on top of Ethereum, which allows anyone, anywhere to request a payment.
- Current value: $0.045, 122nd place on CMC
- Usage: REQ tokens are ERC20 tokens which are necessary to participate in the network, create advanced Requests and reward various parties who will help build the request ecosystem.
- Value: REQ tokens are the key to the Request Network usage
Also
- There are few coins that I would add but skipped because I talked about them in the previous videos:
- COSS (COSS) - paying dividents from COSS exchange and payment gateaway
- Kucoin Shares (KCS) - paying dividents from Kucoin exchange
- Modum (MOD) - profit sharing and voting rights
- Asch (XAS) - needed for dApps running on it