6 Days ago Coinbase announced it was reviewing 18 assets with the view to listing one (or more) on their exchange
https://invezz.com/news/2020/06/12/coinbase-listing-digibyte-16-other-coins/
Which assets would i buy?
When the list was released a lot of people in the community reacted the same way... What are these?!
However there are 2 that really stand out on this list, 2 that i would look to hold and keep holding after a potential listing
VeChain (VET)
VeChain is designed to support supply chains. Essentially one token is assigned to a product, this product can then be tracked from supplier all the way to consumer. The system aims to help with proving quality and authenticity. The token is being utilized already and has partnerships with WalMart in Asia. This shows that not only has the company created a good and useful token but the usefulness has been seen by businesses and it is currently being used in the "Real World".
Holding VET will also generate VTHO which is the equivalent of GAS on Neo, so there is an immediate benefit to holding some Vechain. On top of this you can also obtain a "Node", which act on a check of power, it doesnt not validate blocks or produce ledger records (POA system), allowing Node holders to vote on governance.
The VeChain platform also supports Renault as well as some other Chinese businesses. Its definitely growing and being used more, the price has risen around 50% in the last 2 weeks!
For me, VeChain, has proven to be a useful, effective product, that is growing constantly and i will be holding and seeing where it goes!
Digibyte (DGB)
So, i am holding VeChain as i see a future, DigiByte is a little bit different.. Digibyte (DGB) is similar to whats already out there, Decentralized, P2P.... Heard it all before right? There is a few differences, the transaction time for one is only 15 seconds, that is pretty quick! The founder(s) is still actively working on the project along with many other developers. But why do those reasons make me want to hold this token? They don't. A lot of Blockchains offer a "unique" selling point. There are many to choose from.. So why this one? The community.
R/Digibyte boasts over 22k members and the community is active daily. Their Twitter has an impressive 160k followers. This shows there is a large community involved and following Digibyte. Moreover, go to Youtube and search Digibyte. See the amount of videos uploaded, upvoted, subscribed too. Its pretty astonishing for a token not on a major exchange. That same community where pretty intense on Social Media contacting Coinbase to try and get this listing. My reason for holding Digibyte is the community. I may not see why their blockchain is better than the countless other blockchains that promise a similar thing, but any community with as much faith and interest in this one, is maybe worth listening too. Thats why i have allocated a very small amount of my portfolio to this one, not a massive exposure/risk on my behalf, but i still have it fresh in my mind that i ignored the large community of ChainLink... and that turned out quite well for them!
