5 Altcoins That Could 100x 💯📈
Coin Bureau Coin Bureau
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 Published On Mar 11, 2020

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⏰ Time Stamps ⏰

1:35 Portfolio Selection Process
4:04 Pick 1: Grin (GRIN)
6:32 Pick 2: Numerai (NMR)
8:30 Pick 3: Decentraland (MANA & LAND)
10:29 Pick 4: Power Ledger (POWR)
12:55 Pick 5: Bancor (BNT)
15:48 Conclusion

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⛓️ 🔗 Helpful Links 🔗 ⛓️

► Decentraland Video: https://www.youtube.com/watch?v=v26yQGTycco
► DeFi Video: https://www.youtube.com/watch?v=Vq1bxcoW1jQ
► Grin Review: https://www.coinbureau.com/review/grin-coin/
► Power Ledger Review: https://www.coinbureau.com/review/power-ledger-powr/
► Bancor Review: https://www.coinbureau.com/review/bancor-network-token-bnt/

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📖 Other Sources 📖

► Grin: https://grin.mw/
► Decentraland: https://decentraland.org/
► Power Ledger: https://www.powerledger.io/
► Bancor: https://www.bancor.network/
► Numerai: https://numer.ai/

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1️⃣ Grin (GRIN) 1️⃣

Grin is an implementation of the Mimble Wimble protocol. MimbleWimble is based on the Bitcoin code base but is modified.

In the Mimblewimble protocol transaction receivers are able to generate a "blinding factor" when signing a transaction.

Although Confidential Transactions need additional proofs with each transaction, making them cumbersome, Mimblewimble sidesteps this by stripping out the scripting behavior.

Grin is a completely open source project with no controlling organisation, foundation or individual. This contrasts with the other MimbleWimble implementation in Beam which is run by a company which raised private funding.

Grin uses a pretty advanced algorithm called the Cuckoo cycle.

2️⃣ Numerai (NMR) 2️⃣

Numerai is a platform where hedge fund managers can find the best data scientists who produce their models.

The project is adding another angle to their offering with Erasure. Erasure will allow users to sell their predictions to any investment fund in the public network via the peer-to-peer InterPlanetary File System (IPFS), and directly connect their crypto wallets to the Ethereum-based marketplace.

The project has some pretty strong backing. There have been a number of VC funds that have either invested seed funding or have bought into their private sale ICO.

3️⃣ Decentraland 3️⃣

Decentraland is a virtual reality platform built on Ethereum where users have the ability to create and monetize their content. This is done through 3D virtual space within the platform which is both traversable and finite. This space is called LAND which is a non-fungible digital asset that the Ethereum smart contract maintains.

It is a platform where users can develop their own non-fungible tokens and sell them in this VR universe. Much like real world developers do in city neighborhoods.

The utility token within this ecosystem is MANA which has to be burned in order to create the LAND. This means that as demand increases for the parcels within the decentraland ecosystem, the supply of MANA will decrease.

4️⃣ Power Ledger 4️⃣

The project is looking to develop a Peer to Peer energy trading protocol that is built on the Ethereum blockchain and powered by smart contracts. The team hopes to take the waste found in centralized electricity networks and then distributes and decentralizes resources in order to optimize the network and mitigate said waste.

Power Ledger operates a dual token system. Firstly, you have the POWR tokens that allow consumers and hosts providing the energy to interact with the protocol. Then you have the Sparkz tokens which are the utility token used to trade the energy on the market. Power tokens can be used to generate sparks.

5️⃣ Bancor 5️⃣

Bancor is a decentralised Exchange protocol that is built on the Ethereum blockchain. It employs an algorithmic market-making mechanism through the use of "Smart Tokens".

The project raised over $150 million in an ICO that took place in 2017. This means that the project is relatively well funded to handle development expenses and the like.

Bancor has expanded beyond Etheruem based Tokens. Through the use of their BancorX solution, automated conversions between Ethereum and EOS are also possible.

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📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#altcoins #crypto #review #bancor #decentraland #grin #binance #powerledger

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