2 Crypto Projects With Huge Potential That People Are Afraid To Talk About

By Chris Walker | RektWorld | 16 Jul 2019

$3.22 tipped


If you look at the market ever since the peak and crash of 2017-2018, you’ll see that a lot of projects which were once in the top 50 or so of tokens have plummeted to much lower ranks, after receiving much support and pomp about its prospects. 

It’s probably true that a lot of the projects were given higher market caps because of uninformed investors who had simply thrown some money into it. Some, however, are just going with the flow of the market, which has a mind of its own most of the time and is completely unpredictable. 

It’s unfortunate that some projects with potential have taken a hit, but I have hope for it. I’m listing two projects, one relatively new, and another that is building a thorough solution to problems in financial services and which has received the support of Vitalik Buterin.

UNUS SED LEO (LEO)

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There is an understandable reason why people don’t want to invest in the UNUS SED LEO (LEO) initiative by Bitfinex, It’s Bitfinex and most investors are well aware of the legal troubles that they have run into.

But LEO is like a direct response to those perceptions, as it is intended to make the revenue process on Bitfinex as transparent as possible, with Bitfinex even establishing a transparency initiative for good measure. The initiative comes with a dashboard that offers real-time token exchange and performance statistics.

Probably the most distinct feature of the LEO initiative is that it operates on both the Ethereum and EOS blockchain, and allows a conversion between the two. The dual protocol system is a bid to make the token become a part of the decentralized token exchange ecosystem. Blockchain interoperability is also a priority.

OmiseGO (OMG)

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OmiseGO (OMG) is a Thailand based project that is an initiative by parent company Omise. The team is building a large-scale, forward thinking solution for those who lack basic financial services. What the team is essentially working on is creating greater liquidity of funds, removing frozen funds in the many digital wallets that exist in Southeast Asia, financial inclusion and interoperability. 

Vitalik Buterin himself has been in touch with the team. In fact, OmiseGO is one of the first projects to be implementing the Plasma scaling solution, which was co-written by Vitalik Buterin and Joseph Poon. Poon also co-authored the Lightning Network whitepaper.

The project has not been seeing much price action since the crash of 2018 but with the development vision that the team is operating on, and the brilliance of its use case for developing nations in Southeast Asia, I think OmiseGO has the potential to grow very quickly very soon, no matter what the price charts say.


Chris Walker
Chris Walker

Now is always a good time to HODL :)


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