I think it goes without saying that the Crypto Space is FRICKING GIGANTIC. I wouldn't say that just because of total 24 hour volume or total market cap overall, but because there are literally THOUSANDS of different Crypto projects out there. They're all vying for the sweet Magic Internet Riches. They want it. They NEED it. Hell, me too. If I had the startup capital and fundamental developer knowledge, I'd make my own coin just for the shits. It would be fun.

So, let's say you're Mister/Missus Big shot CryptoPerson. Your Busty/Hung secretary comes into your corner office from the reception Desk and says, "Mister/Missus Big shot CryptoPerson? John Doe Smithington is here from SuperAwesomeCryptoCoin.org. He has a proposal for you. Do you want me to get security?"

You don't know what the hell is coming through that door, and frankly you're so busy that odds are giving this person time of day will lose you money. Time is Money, friends. However, in a fit of good will (remembering the days when you're were just a lowly Crypto Blogger on the Interwebs in your mom's basement), you humor the bold entrepreneur, and welcome him into your office.

At this point in your Imaginary Crypto Career, you didn't achieve this level by making bad calls. Do you have balls/ladyballs to suss out a great potential venture from all the BitConnects and Shitty Kickstarter Projects? Well, Maybe you would. After all, they don't call you Mister/Missus Big shot Cryptoperson for nothin'.

So, all levity aside, how would one go about making a good call on project? I think it goes without saying that a little bit of DUE DILIGENCE is in order. If it were me, there are two major things you could be sure of:

1.) My secretary would be Margot Robbie.

2.) I'm gonna vet the shit outta this venture.

For big shots and little folks alike, this is a good idea. Every investment dollar earned should be placed in a great investment, as far as you are able to determine. No big surprise there. So, this is a simulation. In this simulation, we are an investor looking to size up an unknown venture straight outta the streets. No funny business.

THE METHOD OF OPERATION

So, in order to make this as random as possible, I'm gonna go to this random number generator, and have it spit me out a number between 1 and 6000. I'm then gonna see what ranked coin that is on CryptoSlate, and give it the business. Here we go:

Survey Says... number 2141. Awesome. Let's go to CryptoSlate and see what we got:

Volt. Number 2141. I don't know a damn thing about this Crypto. As I am writing this, I have never heard of this. But I know that it is cheap, and I'm gonna have to do a whole lot more digging than what CryptoSlate can provide. But that's okay. That is what this is all about. Today my friends, foes, established readers, we are gonna delve into the world of Volt. Awesome.

(This is the part of the article where I actually stopped writing for like, an hour.)

Okay, so let's first take a look at their website, see how that makes us feel:

Okay so first impression, this is apparently a blockchain tech that is focused on logistics. The team is based out of Singapore. Okay Whitepaper time.

BEHOLD, The VOLT WHITEPAPER.

That was actually really interesting. I mean, they really thought this out. Here's the Cliffnotes:

Okay, so basically current shipping and logistics technology relies on centralized hubs where packages or whatever are delivered to. Because of some inefficiencies associated with a centralized hub system (What they call "Hub and Spoke") delivery times as well as associated commissions for particular delivery services are higher than they should be. Essentially, they want to used a decentralized blockchain technology and apply it to logistics. Instead of having centralized hubs, there will be "sub-hubs" or "net hubs" that will be utilized to take advantage of delivery. This seems to be very much associated not only with Big Box Shipping Companies (Such as DHL - one of their business partners) but also with the smaller scale, "Gig Economy" type of shipping and delivery services such as Uber and DoorDash. In a similar manner, Smart Contract technology will be utilized too to enhance security.

So... If Grub Hub was more decentralized and able to make deliveries faster, this would be their go-to blockchain solution. I'm a little miffed about how little "Technical Detail" is in the whitepaper. If I'm not clawing my eyes out and trying to learn advanced Mathematics to understand their shit, I'm not impressed with their whitepaper. Now on the business side of things, they do have their use case pretty comprehensively stated. But in terms of the token, there seems to be little information regarding the supply, the specific blockchain tech used, or anything. In fact, I had to rely on CryptoSlate for this information.

But Ginger Man, What of the Token?

So the first thing you need to know is that it an Ethereum ERC20 Token. Wow, ETH is a work horse. Anyways, The idea is that these tokens will be used as a form of payment for the decentralized delivery services as described above. The value of a single ACDC token is supposed to be a 1:1 ratio with what they call a "Jule" which is a value that is determined by distance, weight of delivery, time spent, etc. In theory, this sounds pretty cool, and I could see how mass adoption could make it to where having this kind of data really instrumental in the token's valuation.

Token flow, or how these little units are circulated goes kinda like this: You buy some of these delivery tokens on the exchange, you use them to pay for a delivery based on the figuring done to determine price, which goes to the delivery person. Volt gets a teeny-weeny cut off the top of that (which is made teeny weeny by their ability to make things cheaper). It is actually a little bit more involved than that, but this pretty little chart goes though a token's life cycle:

So yeah I see lots of really good potential for inflows and outflows. Oh BTW, the token supply is 4 Billion. Yeah. They're expecting some serious adoption here. In comparison, BAT has a maximum supply of 1.5 Billion. I wish They had more financial info. This is what the CoinGecko Widget gives me and it is on par with the CryptoSlate Data:

To be fair, that is a pretty cool looking logo. A lot better than the Wolverine-Spandex-Yellow I was assuming it would be. Cool Blues, maaan.

This is what gets me, however. The 24 hour volume is supposedly ~85k USD, but they have absolutely no information on how much of their token is actually being circulated. This means I have to do a little bit more digging. For example, what exchanges does this token show up on? Probit does have ACDC/BTC pairing, but still, information is limited. As of right now, Volt has little in the way of inflows and outflows, and their 24 hour volume does appear to confirm that. think of it this way; say only 25% of their tokens are circulating, which is 1 billion. That would give us an approximate market cap of 66,890 USD. Hell, this could be the case for all I know, but I'm betting it's much less than that. Could be millions for all I know.

What this tells me is that in terms of work for adoption, they have a massive ass-load left to do. Certainly, the idea in principle appears to be pretty neat, but without some solid evidence on how it works in practice and some solid numbers, I'd say that this is something none but the most speculative investors should put their money into. I'd also say to be careful, because as their Twitter doesn't appear to be the most... engaged. Neither do some of the other social media outlets. They do have a Telegram, though.

The Final Countdown

Okay, so it is possible that VoltTech has potential to be something really cool in the future. That being said, there is little data on their progress, there is a lot of competition and infrastructure associated with logistics, and until there is real world evidence of their system being implemented, I'd say that their adoption could be paltry. They do have a lot of interesting business partnerships and it could be the case that over time they will have that adoption take place. However, I will tell you that I care little of partnerships. Just because a big reputable business partners with a project does not mean that the project is good or will be successful. Until proper evidence is demonstrated of their efficacy and success, those little badges of partnership is window dressing. In the end, the numbers are king, and I believe that vehemently.

Thanks for reading, I REALLY really appreciate it. If you like this post, then please check out some of my others if you want.

AND if you want an easy way to earn a little extra crypto and help me out for FREE, please consider becoming my referral for the app FREE LITECOIN! They payout reliably every Tuesday. I have received several payments from them religiously and the offerwalls they have bring in some nice amounts too. Highly recommended.

Until next time, remember; The Highway to Hell is paved with good ideas (Yes! I got the reference in).