Moonshot Portfolio February 2021
Build Your Own Crypto Moonshot Portfolio
Twenty cryptocurrencies that could make up a portfolio dedicated to moonshots
If the traditional investment community thought that investing in bitcoin was risky wait until they discover the cryptocurrency moonshot. Moonshots are cryptocurrencies that have the potential to multiply in value. However there is a simple but underutilized way to reduce the extraordinarily high risk of investing in moonshots whilst still allowing you to participate in the moonshot craze without losing your proverbial shirt. No longer do you have to base your buying decision solely on a quick scan of Reddit’s Satoshistreetbets.
We recommend creating a portfolio of moonshots. The portfolio we are suggesting will consist of a selection of alternative cryptocurrencies, or altcoins, which we believe offer exceptional value. By building a portfolio of cryptocurrencies you are immediately reducing your risk.
The Power of a Portfolio
Let’s take an example of a fictional but realistic scenario. Mr. Smith has recently acquired a portfolio of 10 moonshots. Unfortunately but inevitably 5 or more of these are likely to fail, 3 will break even and 1 or 2 will produce a return of 10X. If Mr. Smith acquired his small portfolio for a total of $100 then all he needs is for 1 coin to increase by 10X and he has broken even, assuming the other cryptocurrencies go to zero, an unlikely scenario. If 2 or more of his prized coins increase by 10X his portfolio will double in value. Obviously, this is all theoretical and Mr. Smith could well lose all his money. We shouldn’t delude ourselves, investing in moonshots is similar to gambling but with the odds stacked even further against us. However, if Mr. Smith combines his portfolio methodology with a scientific approach to building a portfolio then his odds of making money in this market are greatly increased.
Selection by Science
For those of you who are interested in using a more scientific approach to selecting cryptocurrencies this article is your perfect resource. Our aim is to provide you with a starting point to help you build your own portfolio of high risk high reward cryptocurrencies. Most of the coins we have selected are small to micro cap cryptocurrencies, meaning they generally have a market cap below $30m. We believe this is the area which can produce outsized gains and where a certain amount of risk can be diversified by building a portfolio.
It must be stated at the outset that moonshots are at the top end of risk. Bitcoin is by far the ‘safest’ cryptocurrency however on a scale of 1 to 10, with 10 being the highest risk, bitcoin would score a 9 compared to other asset classes. This is why when investing in small to micro cap cryptocurrencies and cryptocurrencies in general you should establish a portfolio to spread your risk.
Our aim is to provide you with twenty small to micro cap cryptocurrencies together with a risk rating, price target, background information and our opinion on each coin.
This portfolio selection differs from our weekly Micro Cap Watch List, although there will no doubt be some overlap. The portfolio selections have been researched in more detail whilst the Micro Cap Watch List is designed to provide you with investment ideas which will require further due diligence. However the same caveat applies to the portfolio selection as with everything to do with cryptocurrencies — Always do your own research.
VIEW OUR WEEKLY MICRO CAP WATCH LIST HERE
An ideal portfolio contains at least 10 cryptocurrencies in which you invest the same amount in each coin. By providing you with information on twenty cryptocurrencies this should allow you to select at least 5 coins that meet your risk and reward criteria.
Here are a few basic guidelines for making the most of the portfolio selection:
- Always do your own research
- A portfolio should hold a bare minimum of 5 cryptocurrencies
- The smaller the portfolio size the lower the individual risk score to compensate
- Make an assessment based on your risk tolerance and decide whether investing in small and micro cap cryptocurrencies is for you
- Pay attention to the target price
- The price targets should be based on your own risk and reward criteria, the price targets provided are only a guide
- Invest a minimum of $50 and a maximum of $2,000
A Few Warnings
When investing in small and micro cap cryptocurrencies there are a number of factors which we must pay special attention to:
- Many teams are anonymous — we try to avoid these although we realize by doing so we may miss out on a few big wins, it is however a price worth paying in our opinion.
- Exchanges which make a market in smaller cryptocurrencies should be researched before setting up an account. Find out what the community thinks about them. There are some bad ones out there.
- Many micro caps can only be traded on Uniswap. That is not an ideal situation. Be careful to work out the fees and the spreads (difference between the buy and sell price) before executing your trade. Sometimes these additional costs can be significant and may sway you into avoiding making the trade. Remember, if you feel this way how many more will draw the same conclusion and avoid the cryptocurrency? That is going to be detrimental to the growth potential of your coin.
- Check the forums (Twitter and Reddit) and see if the cryptocurrency is being ‘pumped’. If it is, avoid it. All it takes is a few of the promoters to sell and the price will fall quicker than an axe to the head.
We intend to update this selection every month so please register here for your monthly portfolio selection.
So with all that said…
Portfolio Selection — February 2021
Decentralized data exchange. Operator of the SYLO smart wallet which has over 250,000 users.
The Sylo Protocol provides confidential communication as a utility to the Sylo Confidential Communication App. The protocol acts as the confidential networking layer for the Sylo App, creating P2P connections and providing a way for users to interact and exchange data confidentially.
The Sylo Protocol is being developed to provide fully decentralised confidential communication as a utility to all connected-apps within the Sylo ecosystem. Powered by blockchain and combined with other decentralised technologies, this Protocol will act as the networking layer for the Sylo DApp and 3rd-party connected-apps, while providing charging options for specific communications and services over the network.
The fully decentralised Sylo DApp will be the 1st application built on the blockchain-based Sylo Protocol, using technology already commercialised in the Sylo App that’s currently used by thousands globally, available on Apple Store and Google Play Store.
Sylo is a decentralised communication and data exchange network powered by a layer 2 micropayments infrastructure and the $SYLO token. User-run Service Peers provide infrastructure to the network which allows developers and businesses to run privacy-first, unstoppable apps without deploying any infrastructure of their own. A staking architecture and unique probabilistic ticketing solution ensure minimal transaction fees and limitless scalability. This scalability is already on show within the projects flagship app, the Sylo Smart Wallet; a decentralised, private messenger and crypto wallet with over a quarter million users.
Click here to view Sylo White Paper
Unlike many of the small and micro cap cryptocurrencies Sylo names each of its key members of its management team. The team appears to combine a broad range of talents, skills and experience which should provide any investor with confidence in this project. This is Sylo’s description of their core team: ‘…combines a deep background in computer science, development and user experience with the real-world business experience of entrepreneurs, designers and world-leading technologists. Both in experience and attitude, the strength of Sylo is in its people.’
Risk Score: 5
Target Price: $0.01
Maximum Supply: 10B
With a market cap of under $3m we believe this cryptocurrency is grossly undervalued and is significantly below its all time high of $0.00746. We believe a market cap of $25m for this cryptocurrency is feasible. The team has already demonstrated it is a force to be reckoned having developed and launched its smart wallet which has over a quarter million users. It also has a decent sized community following it. We have ranked the coin a 5 in terms of risk factor as the team has already achieved a level of success however the potential has not been recognized in the price.
Prediction market platform.
PlotX is a non-custodial prediction protocol that enables users to earn rewards on high-yield prediction markets.
Dubbed as the Uniswap of Prediction Markets, PlotX uses an Automated Market Making algorithm to create, settle markets and distribute rewards on the Ethereum Blockchain without any counterparty risk. Markets are focused on crypto-pairs like BTC, ETH, YFI etc and are automatically created in intervals of 4 hour, 1 day and 1 week.
PlotX also uses on-chain governance powered by GovBlocks.
Click here to view PlotX White Paper
Check out the team in this video on PLOT’s website
A well rounded team who have launched an impressive platform. They appear to have a close eye on regulation having restricted access to high risk countries such as the US. That is a comforting sign for the future.
Risk Score: 7
Target Price: $1.00
Maximum Supply: 200M
PLOT is a prediction market platform similar to Augur. Augur is one of the biggest players in this market, but that really isn’t saying a lot. With only $2.5m of value locked (i.e. money currently committed to positions on its platform) Augur’s valuation of $125M is obviously based on its potential. PLOT’s value is under 2% of Augur’s. That discount looks excessive to us. There are four exchanges who offer a market in PLOT. It has an all time high of $0.19, so clearly now is a good time to buy. We believe a price close to $1 is reasonable for the potential it offers. We have scored PLOT a 7 in terms of risk because it has not proved it can deliver on its model.
Payment facilitator in the legal cannabis market.
PotCoin is a digital cryptocurrency aimed to empower, secure, and facilitate the Cannabis community, medicinal and recreational alike.
The tagline for PotCoin goes as the following :-
“On every level of the Cannabis, Hemp and financial industries our users and supporters can entrust PotCoin to extend credibility, stability and security to this exponentially growing market and community.”
It is based on the Proof of Work Scrypt algorithm with a total maximum supply of 420 million coins. PotCoin supports wallet software on most major platforms including Windows, Mac, Linux, and Android. It also has a web wallet.
Click here to view PlotX White Paper
Potcoin was formed by three Canadian developers, however they disbanded and the project was taken over by a group known as PotLabs who were responsible for helping develop the coin in the first place. The fact that there is not a dedicated named team pushing this project is a concern.
Risk Score: 9
Target Price: $0.10
Maximum Supply: 420M
POT is without doubt a high risk project. Although it was the first cryptocurrency in the legal cannabis market adoption has been difficult. But saying that POT is one of the last men standing. Although there is not a dedicated team there is a big community that supports its objective. POT does have huge potential but it doesn’t come without significant risk which is why we have rated it a 9. The price is 1% of its high so it certainly has potential.
Centric is a blockchain-based payment network composed of two distinct tokens which promote stability.
Centric was conceived with the vision of one day replacing traditional fiat currencies. Blockchain technology will enable a more transparent world and they believe their innovative approach to achieving widespread adoption long term is what sets Centric apart from other cryptocurrencies today.
They believe the largest obstacle to the mass adoption of cryptocurrencies is price volatility. The decentralized model to price discovery has made the majority of existing cryptocurrencies nothing more than stocks or commodities, valued on psychology, traded on unregulated stock markets, and susceptible to manipulation. The lack of price stability has prevented credit and debt markets from forming because volatility incurs a premium.
While the rest of the industry focuses on transaction throughput and smart contracts, Centric focuses on solving price stability to realize the economic capabilities that the blockchain enables.
Click here to view Centric White Paper
Check out the Centric team here
It has to be said that the resumes of the team are very much boilerplate stuff with no specifics which is a little worrying. However there is a named team that on the face of it are tech and blockchain savvy. Investors should investigate the team further before making an investment.
Risk Score: 7
Target Price: $0.005
Maximum Supply: No max.
We have scored CNS a 9 for risk. This is based on the fact that its team doesn’t possess a verifiable track record. This is by no means a major negative particularly with such a low market cap. However it does appear to have an interesting project which is operational and could see a revaluation considering its low market cap. Its price is less than 1% of its all time high so we believe there is potential in this cryptocurrency.
One of the world’s fastest cryptocurrency with a sustainable blockchain, as well as one of the most feature-rich.
Utilizing a community of world-class developers, managers, marketers and researchers, the Apollo community, backed by the Apollo Foundation, has set out to accomplish the goal of making Apollo the most technologically advanced, feature-rich currency on the market.
The Apollo Foundation understands the demands of a top tier cryptocurrency and they believe they can create a coin that will integrate everything necessary to replace the current currency options.
Having started from NXT, a proven cryptocurrency, the Apollo Foundation will continue development with the goal of being the first all-in-one cryptocurrency, innovating and incorporating every ability that could be beneficial in a digital currency, all in a single decentralized platform.
The first major update, Olympus Protocol, puts mass adoption-proof privacy at Apollo’s core. This is because the Apollo Foundation knows the ability for a user to buy, sell, trade and send in absolute secrecy is vital in an industry that could be moments away from intense regulation. The Apollo team is here because they believe the only person or entity that should be in control of your funds is you.
Click here to view Apollo White Paper
An impressive team with extensive experience and with proven experience and importantly, exits. View the full team here.
Risk Score: 3
Target Price: $0.007
Maximum Supply: 21.1B
This is one of the better small cap cryptocurrencies we have come across. The team is accomplished and the project has potential. The downside is it operates in a crowded space but it does have the team to deliver. The valuation is significantly below its all time high and offers substantial upside for the patient investor.
GeoDB is a decentralized peer-to-peer big data sharing ecosystem.
GeoDB is a decentralized peer-to-peer big data sharing ecosystem, which returns value to its creators, the users. GeoDB’s mission is to democratize the 260bn Big Data industry, building an open ecosystem in which to establish better and trusted relationships between market participants while giving back control and value to data generators, the users. GeoDB is using blockchain technology to eliminate intermediation in a huge industry and allow faster growth and adoption.
Click here to view GeoDB White Paper
GEO boasts an experienced team of technology professionals that have demonstrated that they are credible by raising money through a crowdfunding round. See the full team here.
Risk Score: 4
Target Price: $4.00
Maximum Supply: 300M
Although GEO is not far off its all time high we believe this cryptocurrency represents good value. The team behind it recently completed a capital raising through Seedrs, raising GBP2.5M surpassing their target of GBP2M. The downside is there is a large maximum supply compared to the current circulation supply but we believe that is outweighed by the potential of the project and the team behind it.
Kryll is your first intuitive platform to define powerful crypto trading strategies.
Kryll is your first intuitive platform to define powerful crypto trading strategies through a simple drag n drop editor. Create automated winning strategies, benchmark them, share with the community, enjoy user-generated content.
Kryll is the ultimate platform for cryptocurrency traders looking to use the most advanced trading tools and strategies, as well as benefit from the community’s hive-mind to get the best returns within cryptocurrency markets.
The platform provides intuitive ways to create your own trading strategies that can be set to execute automatically. Through a What You See Is What You Trade™ interface you can design trading strategies making use of the industry’s most powerful tools and safely test them with backtesting and sandboxing.
Once your tools prove their worth you can set them to live-trade on your behalf, taking the right positions at the right time, as if you were following the markets 24/7.
On Kryll you can also rent out your very own winning strategies to help fellow traders be more successful. You will be rewarded with passive income for sharing your strategies.
Click here to view Kryll White Paper
An accomplished team with a proven track record of success in both tech and entrepreneurial flair. Check out the full team here. https://kryll.io/team/
Risk Score: 6
Target Price: $0.73
Maximum Supply: 49M
We believe that Kryll has a unique business model which could easily gain traction. We especially like the novel touch where traders can rent out their own strategies to help fellow traders be more successful. This allows traders to be rewarded with passive income for sharing their strategies on something that could scale quickly. Despite the large max. supply compared coins in circulation the price does not take into account the quality of the team and the potential of this platform to scale.
YLD, a licensed and regulated FinTech company, offers a mobile app and web platform designed to provide the easiest way to invest in DeFi using crypto or traditional currencies.
YLD’s intuitive app and web platform enables users around the world to earn high returns from DeFi products without having to go through a lengthy, complex and often costly learning process. Operating under a banking license, YLD offers an insured investment fund managed by a team with years of experience in FinTech and cybersecurity. At the core of its strategy is the YLD token, which rewards community members and allows them to boost their APY.
Click here to view Yield App White Paper
Both an experienced and accomplished project team benefiting from a team of quality advisors. See the full team here.
Risk Score: 3
Target Price: $1.50
Maximum Supply: 300M
YLD is close to it’s all time high of $0.59 however when you look at other similar platforms in the DeFi space this cryptocurrency is grossly undervalued. YLD’s platform is regulated and is aimed at the unsophisticated user which could make this an attractive bet on the eventual mass adoption of DeFi. With a limited maximum number of coins in circulation this is a good choice for any portfolio.
BEPRO Network is a codebase for DeFi, gaming and prediction markets.
BEPRO Network enables entrepreneurs to create gaming platforms in minutes. No coding required. Its vision is to enable anyone in the world to dream of being a gaming platform owner one morning, and actually be one that same day.
Click here to view BEPRO White Paper
A young dynamic team although with limited information to back up their accomplishments and experience. See the full team here.
Risk Score: 9
Target Price: $0.005
Maximum Supply: 10B
There are two factors against this cryptocurrency, firstly its team, which although named provide limited information on their achievements and secondly the massive maximum supply compared to only 1.8B coins in circulation. That is why we score BEPRO a 9 in terms of its risk. However saying all that the upside is massive based on its low market cap. It does seem to have a novel offering in a popular and growing market which could feasibly gain scale quickly.
DeFi platform providing liquidity mining and loans.
OIN is described as being the first DeFi platform to provide liquidity mining and loans on Ontology, and ultimately on other top platforms through cross-chain functionality. The platform will build the bridge technology to seamlessly integrate Ethereum into its ecosystem, opening up to all of the current DeFi space. Cross-chain technology is crucial in DeFi and its growth as a legitimate financial infrastructure, after all, traditional finance also integrates the whole world, its currencies, and its different financial systems.
Click here to view OIN White Paper
OIN has what appears to be a large dedicated team, check the full team out here.
Risk Score: 9
Target Price: $1.10
Maximum Supply: 100M
This cryptocurrency suffers from the same problem as many others: lack of information on the team’s past achievements and a massive maximum supply of 100M compared to only 6.75M in circulation. But that probably explains OIN’s low market cap which we believe doesn’t reflect its potential, however this is a high risk high reward investment which should definitely be balanced with some lower risk opportunities.
Katalyo is a no-code digital transformation platform for building hybrid applications.
Katalyo is a no-code cross-chain platform for building hybrid blockchain powered applications. With Katalyo individuals and organisations can build blockchain powered applications without writing a single line of code. On top of no-code features for building web based frontends, by using the Katalyo platform people can create tokens and NFTs, build DeFi applications and include smart contract execution in any part of the workflow. KTLYO is a utility token used to enable and consume services of the platform including NFT creation and cross-chain transfers.
Click here to view KTLYO White Paper
KTLYO benefits from a solid well rounded team with significant corporate and tech experience. See the full team here.
Risk Score: 8
Target Price: $0.85
Maximum Supply: 85M
KTLYO benefits from an accomplished team and operates in a lucrative space. Their low market cap is probably a result of the the disparity between the maximum supply of 85M and the current circulation of 13m however we believe investors can expect to see the price at least double over the short to medium term as the cryptocurrency gains exposure to the wider community.
A cryptocurrency that allows everyday transactions to be made fast and easy. No download required. Connecting the world in a FLASH.
FLASH is a reinvention of Litecoin, built to scale for worldwide commerce and fast enough to handle everyday transactions. The flexible and easy to integrate core code allows exchanges and wallets to add FLASH to their platform within hours. With a settlement time of around 5 seconds and consensus within 2 minutes, anyone, anywhere can use the FLASH mobile wallet as easily as cash or credit card.
Click here to view Flash White Paper
The team is made up of named advisors, developers and community leaders. It is an unusual set up, not totally unique. See the structure here.
Risk Score: 9
Target Price: $0.10
Maximum Supply: 900M
This is another high risk high reward cryptocurrency. There are two glaring downsides, firstly the fact FLASH is only listed on one exchange and two the anonymity of the core team. However in our opinion the market cap deserves to be at least at the level of the previous all time high to reflect the potential of the platform they have built.
QLC Chain is the next generation public Blockchain for decentralized Network-as-a-Service(NaaS).
QLC Chain is the next generation public Blockchain for decentralized Network-as-a-Service (NaaS). The QLC Chain and supporting ecosystem will enable any individual, business or organization to leverage their network resources to instantly become a service provider or network operator. The mission is to bring people online through a simpler, more pleasant, and more secure way with full transparency.
It deploys a multidimensional Block Lattice architecture and uses virtual machines (VM) to manage and support integrated Smart Contract functionality. Additionally, QLC Chain utilizes dual consensus: Delegated Proof of Stake (DPoS) and Shannon Consensus, which is a novel consensus developed by the QLC Chain team. Through the use of this dual consensus protocol and multidimensional Block Lattice architecture, QLC Chain is able to perform a high number of transactions per second (TPS), provide massive scalability and an inherently decentralized environment for NaaS related decentralized applications (dApp).
Click here to view QLC White Paper
The team behind QLC appear to shun the limelight, however with some investigation it is obvious they have an experienced team with experienced managers from the telecom industry including China Telecom.
Risk Score: 8
Target Price: $0.20
Maximum Supply: 600M
The project has formed an attractive niche in the telecoms market which has already gained early adopters from large telcos. That is no easy task. There is one problem the team flagged up themselves, ‘It is difficult to convince telcos to purchase QLC.’ This isn’t a major surprise. Look at Stellar and Ripple, they have the same problems. On this basis there is a limit to the upside to this cryptocurrency but we believe that they will figure out a way to utilize the cryptocurrency within their offering which is where the potential rests and hence the risk score of 8. The plus side is, QLC is listed on Binance so there should be ample liquidity.
Bird.Money is an ERC20 token which acts as a non-custodial digital asset lending and borrowing platform.
BIRD is an off-chain API interface for third party integration with other companies, developers and DeFi apps. Some of the features available include ETH account analytics POST and GET endpoints. Other features include account blacklist, Oracle integration with google search, on-chain and off-chain equity measurement, on-chain and off chain assets measurement will be released in the near future.
Initial features of the API would be free to organisations, developers and the whole community. After the BIRD sales, only customers with BIRD token will have access to the premium services such as Smart Contract Analytics. Smart Contract analytics will allow the community to gain unrivaled intelligence about a token or farm just by simply pasting the smart contract address.
Click here to view BIRD White Paper
This is how BIRD describes their team, ‘The Bird nest comprises a global group of professionals that hold a high level of standard, not only for their work, but for the people around them and the community. Our team is fully committed to the Bird.Money vision, the concept and growth of decentralized finance, global inclusion and fairness throughout.’ They appear to have an experienced team who are more than capable of achieving their objectives. See the full team here.
Risk Score: 4
Target Price: $700.00
Maximum Supply: 140,000
Bird is one of our top picks. It has a number of things going for it. Firstly it is an oracle similar to the popular Chainlink. An oracle integrates information from outside the blockchain. BIRD is focusing on credit scores for the DeFi space, a potentially useful and lucrative area. Bearing in mind that Chainlink is valued at over $10B BIRD is in our opinion grossly undervalued. It also has a maximum supply of only 140,000 with already 80,000 in circulation. This article will provide you with more of an insight into Bird’s USPs
Decentralized systems that manage the food supply chain allowing traceability of food stuff.
TE-FOOD is a blockchain based farm-to-table food traceability solution. Its mission is to provide transparency in the food industry.
TE-FOOD aims to enable customers to improve consumer trust and brand exposure, gain deeper supply chain insight to improve their operational efficiency, comply with export regulations, protect their brands against counterfeiting, and perform quicker product recalls. As an end-to-end solution, TE-FOOD offers many components for the complete supply chain to identify tracked items and batches, capture the data, store it on blockchain, process the data, and present it to the consumers.
Launched in 2016, TE-FOOD reportedly serves over 6,000 business customers, and performs 400,000 business operations each day. The team claims food products tracked with TE-FOOD are available for more than 150 million consumers around the world.
TE-FOOD’s blockchain (the FoodChain) is a public permissioned blockchain, which enables both supply chain participants and the consumer community to maintain masternodes to decentralize traceability information.
TFD is an ERC20 token and operates on the Ethereum platform which represents a tokenized software licence, enabling users of TE-FOOD’s ecosystem to perform their activities. All individuals and organizations need to possess a certain number of TFD licence tokens to use TE-FOOD’s ecosystem.
Click here to view TE-FOOD White Paper
An accomplished experienced team who have already gained adoption beyond the majority of other blockchain projects. See team here.
Risk Score: 7
Target Price: $0.075
Maximum Supply: 1B
It has to be said there is a lot of talk and little action in the blockchain space. Huge potential but very few projects deliver. TONE is one project that has bucked that trend. It has established a niche in the food market and has on boarded over 6,000 business customers. We believe this reduces the risk of investing in TONE substantially and is a solid investment in any diversified cryptocurrency portfolio.
Similar to BTC but with a far lower supply.
XBC is a cryptocurrency with a low start supply of 1 million coins. Bitcoin Plus coins are generated through a Proof-of-Stake at a rate of 20% per year. Little over 145,000 coins currently exist.
Click here to view XBC White Paper
The small team behind XBC were drawn from the community headed by Yule Mills.
Risk Score: 4
Target Price: $130.00
Maximum Supply: 1M
On the face of it this may look like a long shot but in reality it is less risky than many of the other ‘hot’ altcoins. It has a low maximum supply, a dedicated team and a loyal community that has formed around this project. With such a low market cap and 4 exchanges offering a market the downside is limited and the upside huge. You can read more about the project here.
Cryptocurrency with a low supply, low transaction fees and 100% anonymity.
Secure Cash (also known as Scash) is a reserve currency for the upcoming world economic crisis. In addition to making anonymous transactions like any other coin, secure coin is expected to be used as reserve currency, as well as gold.
Click here to view Secure Cash White Paper
The team is led by a project manager and one developer. They received 15% in a pre-mine which is an incentive to make this project work especially considering SCSX’s low market cap.
Risk Score: 10
Target Price: $5.00
Maximum Supply: 300,000
SCSX operates in a crowded space. The low supply and low fees are not a unique proposition by any means. The anonymity of the people behind the team is also a concern. But with all that said with such a low market cap this could be one to tuck away as a total moonshot. If this coin was valued at $1m we wouldn’t touch it with a barge pole but the low market cap makes this a gamble worth considering.
DeFi ecosystem on the Ethereum blockchain built to maximize yields from the top DeFi protocols.
GROWTH’s purpose is creating an ecosystem where both GRO holders and gToken holders can benefit from the positive effects of compounded interest, high liquidity and a share of arbitrageurs profit without suffering from impermanent loss.
Click here to view GROWTH’s White Paper
Check out the team in the link below. The two main people behind the projects are highly experienced and tech savvy, one holding a PHD in Computer Science from Yale.
Risk Score: 8
Target Price: $100.00
Maximum Supply: 984,374
This project is active and according to their App has over $7m in Total Value Locked. That is not a bad start for a new project which hasn’t been subject to all the hype that some projects in the DeFi space have attracted. This article is a deep dive into the project which is worth a read to understand the full picture. In our opinion the market cap of GROWTH does not represent its current or future potential. We have scored GRO a 8 for risk as this is a crowded space however the difference is these guys are doing it and succeeding hence why we think this is a great coin to tuck away.
The one stop DeFi interoperable solution powered with Liquid Staking.
TosDis is a new DeFi project which combines the power of staking as a service and liquid staking for POS coins. In this way they are combining the best of both worlds — allowing crypto investors to stake their PoS digital assets via TosDis EasyStake. At the same time, they take care of the technical aspect of the staking process and the benefits of liquid staking. TosDis is bringing together Staking-as-a-Service and liquid staking to unlock more generous access to digital assets. It is a new word in the Proof-of-Stake algorithm’s improvement, allowing its users to use a platform-independent betting mechanism and increasing the liquidity of tokens.
Click here to view TosDis White Paper
See here for more information
Risk Score: 7
Target Price: $400.00
Maximum Supply: 99,986
This cryptocurrency looks attractive. It has developed and continues to develop new innovative solutions in the fast expanding DeFi space. That coupled with the low market cap and low maximum circulation makes this a good buying opportunity in our opinion. Take a read of this article to see the various developments since launch.
Governor is a DAO that seeks to offer Governance-as-a-Service to new DAOs.
Governor is a DAO that seeks to offer Governance-as-a-Service to new DAOs in order to ensure active and fair governance on day zero. GDAO is the governance token that grants voting rights and represents ownership of the project treasury.
Click here to view Governor DAO White Paper
This is a community run project.
Risk Score: 5
Target Price: $9.50
Maximum Supply: 3,000,000
The projects staking and mining solutions are live and slowly gaining traction. See their recent updates here. Also take a look at this link which gives you a better understanding of the project and why it is one to look at more closely. We have scored GDAO a 5 in terms of its risk because we believe the current price is far too low compared to where the project is now and its future potential to make in the DAO space.
No Financial Advice
This article does not constitute financial advice in any way. Always do your own research and never invest more than you can afford to lose. The article should be treated as supplementary information to add to your existing knowledge.