Report: Six cryptocurrencies worth buying to avoid impending regulation

Moonshot opportunities in areas that are likely to be unaffected by regulation

 

This article was inspired by a conversation I had with a friend last week. It has to be said he is a bit of a crypto sceptic and it was quickly clear that his stance hasn’t changed when he told me that he was worried about the future of cryptocurrency. He went on to describe why he thought regulation would destroy this emerging technology.

Regulation is on every sane investor’s mind at the moment. Especially with the recent words from the head of the US’s SEC who announced that DeFi should be under his remit.

Much of this talk of regulation however relates to DeFi.

Like my friend, many of us are missing something. What about the world outside DeFi? Yes, DeFi is going to be massive. Even with government crackdowns it will adapt and pivot. DeFi is not going away although there will be some casualties with the biggest, most innovative and more compliant surviving.

But it isn’t all about DeFi. What about the projects with real world uses? The data storage projects, gaming, energy, social networks, transportation, food delivery, ticketing and insurance, to name but a few.

Currently we seem to be mesmerized by everything DeFi from launchpads to yield farming platforms. As a result these markets have become saturated fast. With every man and his dog copying the latest DeFi innovation. That doesn’t seem to happen so much in the world outside DeFi with projects more likely to establish market leading positions. Although that isn’t always the case, with some of the big markets such as insurance and file sharing having attracted a lot of competition.

Regulation isn’t going to affect the file storage, social network, energy transmission and transportation spaces. The worst thing that will happen is we will have to buy tokens as we do securities, i.e. through regulated exchanges. That is why crypto is not going anywhere. It is just going to grow up.

So what are these projects with real world uses that won’t be affected by regulation apart from maybe how we buy their tokens?

Here are six projects which we believe are worth further investigation.

The GET Protocol offers a blockchain-based smart ticketing solution that can be used by everybody who needs to issue admission tickets in an honest and transparent way.

GET has established itself as the leader in the blockchain ticketing space with many of the original players having dropped out of the race leaving the field open for GET. Last month it handled over two hundred events and that figure will only get bigger as venues adapt to this new technology.

With a fully diluted market cap of $126 million it isn’t a micro cap but it does deserve a higher valuation based on its leading position in the blockchain space.

You can buy GET through Bittrex and QuickSwap.

Handshake aims to create an alternative certificate authority and naming system that is used for root Domain Name Server. It is decentralized and permissionless, typically compared to The Internet Corporation for Assigned Names and Numbers or ICANN which is centralized. As of now names that are used in top-level domain names such as .com, .net and social networking usernames are centrally managed by a central authority. Handshake aims to change all that giving control to the user as well as allowing the user to customize his or her own root name.

Handshake is an overlooked project that has massive potential. Although the fully diluted market cap of $530 million is a little rich considering its early stage we believe that this is a project that should be watched very closely.

You can buy Handshake through Bittrex and Gate.io.

Rentible (RNB)

Rentible is one of our favorite projects because of its potential and its low market cap.

Rentible is a groundbreaking solution bringing decentralized-proptech to the masses and enabling tenants and landlords to conveniently send and receive rental payments in cryptocurrencies while streamlining market verticals.

Rentible seeks to position itself as a first-mover in this niche and to advance the move towards a decentralized proptech-economy. It strives to achieve this via crypto-incentivization, a mass-adoption-ready intuitive platform, and employment of DeFi principles with automated smart contracts for generating an improved user experience for participants.

Rentible is set to launch its platform in quarter 4 of this year and with a fully diluted market cap of only $2.9 million this project looks grossly undervalued.

You can buy Rentible through the tier one exchange Bittrex as well as Uniswap and Bancor.

Ethbox provides a unique solution to a problem in cryptocurrency trading that is as devastating as it is widespread. Accidentally sending funds to a mistyped or mistaken recipient address has already been the cause for hundreds of millions, if not billions, of financial damage. Harnessing the cryptographically unbreakable safety of the underlying Ethereum blockchain, Ethbox provides a smart contract based digital escrow service to completely alleviate any risk of loss while sending cryptocurrency.

The platform only launched a few weeks ago however the market value does not reflect that. This is one of those undervalued and undiscovered projects we love to find. If you compare Ethbox to its competitor Kirobo it looks ridiculously cheap. Kirobo has a fully diluted market cap of over $1 billion compared to Ethbox’s $3.4 million.

You can buy Ethbox through Bilaxy.

Takeaway platforms have made it easy to enjoy our favourite meals, but they’ve made life tough for the restaurants we love.

Current platforms demand that restaurants pay disproportionate fees, while dictating control over data, pay-out, client relations, loyalty and contact. It results in higher costs for consumers and restaurants.

Bistroo aims to put an end to this, by providing a platform where businesses are back in control.

Bistroo offers better user experience, lower transaction costs and a fairer infrastructure facilitating a direct-2-consumer relationship for merchants.

Bistroo launched in March 2020 in the Netherlands and has over 20k active and recurring users, generating 250k USD platform turnover monthly, one-year after the platform was launched. Expansion internationally is on the horizon, with penetration of the Belgium market by the end of 2021.

There is a definite demand for an alternative to the big food delivery platforms. New York is already proposing caps on fees driven by dissatisfied restaurants. Bistroo is the only blockchain solution in this space that is proving their model in a sensible manner by rolling out one region at a time. With a fully diluted market cap of only $13.7 million we believe Bistroo is undervalued particularly bearing in mind the massive market it is targeting and its leading position.

You can buy Bistroo through Bidesk and Uniswap.

Candela Coin’s vision is to create decentralized solar energy all across the world by cutting out the middleman — the power companies. They have created IoT hardware and software for seamless peer-to-peer energy transfer. By using blockchain technology this enables owners of solar panels to sell their generated energy to other users, bringing in the best returns possible for their solar energy and the cheapest green energy on the market. People across the globe will be able to transfer solar energy to others in their communities using Candela Coin as a medium of exchange.

Their decentralized system does not rely on the existing power grid infrastructure. In the event of inclement weather, power outages, or down power lines, decentralized solar power will still be able to be generated and provide electricity to the community. Candela is the impetus for the democratization of energy.

Candela is targeting individual households, initially through a partnership with a panel manufacturer. Their business model allows householders to sell their excess energy to other householders in exchange for their native currency CLA. The beauty of their plan is that it allows households who do not have a solar installation to still buy green energy. That is a major selling point for Candela’s solution.

Now let’s look at the numbers. There are in fact two coins, a BEP-20 and an ERC-20. They both have the same tokenomics. It is worth checking out the two prices to see where you can obtain the best deal. At the time of writing the best price can be obtained by buying the ERC-20 token.

The reality is energy transfer on the blockchain is going to be a hot space — the big question is whether Candela has the ability to execute. With its ERC token’s market cap under million dollars this is a bet worth taking.

You can buy Candela through ApeSwap.

There are other areas of the blockchain ecosystem that will be in regulator’s firing line. These are the high risk areas such as gambling, prediction markets and privacy coins.

But these are only a small fraction of the blockchain ecosystem.

Investors should widen their search for moonshot opportunities and look for projects in high growth areas with little competition and where regulators will pay little if any attention.

This report does not constitute financial advice or a recommendation to buy in any way. Always do your own research and never invest more than you can afford to lose. Investing in cryptocurrencies is high risk, and you could lose 100% of your investment.

Recent Posts

Recent Comments