5 and Below

By Zoharks | ChangedWorld | 30 Nov 2021


Cryptocurrency, or what I like to call Crypto-assets, had the 8th largest economy in 2021. The boom of centralized exchanges made it easier to be a part of the future.

As a result, stores of value are slowly becoming what people think especially considering when you look at things like "meme coins," where the community can market the coin to others to either buy it to pump it or no one buys it all.

The difference between Crypto and Fiat is that one sees value in what the protocol does and provides with crypto. For example, everyone talks about Bitcoin, but the importance of a digital inflation hedge with a limited amount that is easily able to keep track of drives the price of Bitcoin.

 

How Crypto Created A New View Of Economical Structure

 

The world will never look to Fiat again.

 

medium.com

 

Knowing the only other assets on the planet are genuinely gold and silver, but with banks having more than half of gold and other banks allowing us only to buy a limited amount of silver, what else is truly left? Digital Assets

Looking at fiat, where you know what 5 dollars are. Still, it doesn't have the same value when it comes to buying power because of one person having the ability to print as much as possible without really knowing the financial ruin it has put onto America.

It is about understanding where the world has been, from buying gold and physical land to being a part of the metaverse with digital land and having digital assets such as NFTs (non-fungible tokens).

Before, we had never heard of such a thing and had only understood the importance of assets based on what people had told us; fast forward to November of 2021, where Crypto.com now owns the staples center

Read More about the Staples Center and Crypto.com

Crypto.com and the L.A. Lakers

 

crypto and the future of basketball

 

zoharks.medium.com

 

I know you probably want your list of my top 5 cryptos. I apologize; I tried to briefly stress the world's motion from a millennial's point of view.

My list is based on my Crypto.com portfolio with protocols valued under $5 but so much potential to grow in the near future based on use cases and the potential growth of the network.

#1. Crypto.com (CRO Coin)

Crypto.com coin or Cro, the native token for the Crypto.com exchange, is in the middle of a transformation from being an undervalued gem to a household name.

Cro is an asset-based in Singapore; the team understands the importance of building a compatible platform that allows other blockchains and ecosystems to interact while having real-life use cases, which is the most important thing.

Here are some Technology facts about CRO

Cro is another unique asset because it is a "proof-of-stake" that operates on its chain. It allows supercomputers or (nodes) to run signature tasks that will enable transactions for miners based on how much one has.

These nodes are almost racing in the space, trying to complete a signature on a block before the next person. the purpose is to keep "a record of transactions and validate them." Miners and stakers; are the ones writing blocks on the blockchain; however, a benefit is that by running a masternode, you secure the network and earn a share of the rewards for your services.

Crypto.com acquaints a large group of advantages with the area through its one-of-a-kind convention. As far as one might be concerned, the stage furnishes clients with a liquidity pool. You can generally track down exchanging activity at this stage. Furthermore, Crypto.com has an extremely low charge structure and the most underrated execution costs in the market right now.

One more famous element of Crypto.com is its metal check card. This Metal Visa Card permits clients to invest their crypto in natural energy anyplace that acknowledges Visa.

In the manner in which the framework works, your crypto-assets can be converted over to Fiat (USD) at whatever point you swipe your charge card. These assets form your sold crypto in a split-second burden onto the card. Along these lines, you can pull out or spend your crypto simpler than at any other time.

#2 AMP

The main force the crypto-asset space has faced over the past decade was that we did not have an asset that provides instant, verifiable assurance for real-world applications.

Transferring assets is one of the essential things in the crypto space. Sending money to friends or family and paying at any Point of sale (POS) system, AMP is the bridge between digital currencies and the real world, having the ability to make transactions happen in an instant.

Launching in 2018 and co-developed by Flexa and ConsenSys, Amp is a digital asset built on the Etheruem network, making it an ERC20 token that can collateralize payments, making them instant and secure.

Users can stake AMP via the Gemini app or Flexa capacity, going through the Flexa Capacity network. Users connect their wallet of choice, providing the collateral liquidity required for transactions. In addition, stakers are rewarded for letting the network use their tokens.

When I look at protocols, I think about leadership and expansion, and understanding who is a part of the team will make the difference in hope and hard work. The team is full of veterans who have been in the payment method world for 20+ years; Tyler Spalding, a great mind, is the frontman with a track record like his; it is only right to believe in the future of Flexa and Amp.

Tyler was a former engineer for the United Space Alliance, the United States Air Force, NASA Mars Crew Module, and the NASA Space Shuttle Program. It is hard to fail with Specialties in payments, anti-fraud systems, smart Contacts, mobile product development, and retail recommendation systems.

LET'S GO SHOPPING

"Over the past year, we've built new connections with tens of thousands of merchant point-of-sale terminals nationwide to bypass the existing payments infrastructure and push cryptocurrency-based payment authorizations directly to merchants on your behalf."

Spedn is different from the Flexa network, Spedn is a crypto asset wallet that users download— Spedn is built on the open Flexa network. In addition, Spedn is integrated with payment authorization codes that use barcodes at the point of sale with select retailers. On the merchants' end, payments are converted to fiat (USD), merchants don't worry about exchanging in and out of cryptocurrencies — which is currently handled by exchanges on the back-end for Flexa.

Looking at what is being built with Flexa Capacity, I am betting on them to be a strong force in the crypto world, just like the metaverse has been doing.

#3 Siacoin (SIA)

Siacoin provides decentralized cloud storage services that compete with centralized services such as DropBox, Amazon, Apple, and Microsoft. Sia allows anyone to access encrypted storage through the platform. In addition, all contracts, storage proofs, and transactions are verifiable using the blockchain's public ledger.

Sia's foundation comprises of the two suppliers host and users. Clients pay the host for storage space, and the hosts are compensated in Siacoin for contributions.

The biological system gives adaptable capacity choices and is, to a great extent, unregulated economy driven. Suppliers can set their own costs, promote their degree of dependability, and set principles for punishments that ought to emerge away (for example, lost documents). Furthermore, they can decide to deny a customer stockpiling, assuming they're awkward with the idea of that customer's information (for example, delicate, illicit, or morally problematic materials).

When you look around, everyone now should know that cloud services are a gateway to the future. The only problem with the cloud services that have led us this far cannot be fully trusted with our information and privacy, data leaks, and companies selling information; it is hard to rely upon centralized exchanges.

Sia implements proof of storage to protect clients from fraudulent or malicious providers. To receive payment, a provider must present a certain number of records to the network within specific time frames specified by the terms of the file contract; if a provider fails to provide proof of storage within that window of time, the proper payment is sent to a "missed proof address" until evidence is submitted.

What is coming?

  • Add simple file sharing (inside and outside Sia network)
  • Support larger files (>10 TB) and tiny files (~100kb)
  • Enable file recovery via wallet seed
  • Create mobile wallets and light clients

privacy is the least of people's worries when it comes to what is there's. I believe in something like Siacoin to finally change the narrative on why it is crucial to have access to a private storage cloud for our near future.

#4 Nervos Network (CKB)

The Nervos CKB (Common Knowledge Base) is a layer 1, proof of work public blockchain protocol of the Nervos Network. It allows for any crypto asset to be stored with the security, immutability, and permissionless nature of Bitcoin while enabling smart contracts and layer 2 scaling. Furthermore, it aims to capture the total network value through its "store of value" crypto-economic design and native token, the CKByte.

Our established internet that we have known for so long was built on segregated connections, forcing us to use multiple ways to interact and access the internet. CKB changes that by offering us a solution by allowing developers to create universal apps which would create a problem solver with integrated solutions.

The Nervos team focuses on Scabalilty, sustainability and interoperability. Nervos network understands that public permissionless blockchains face many problems on a day-to-day.

Nervos is produced from the word “nerve” and “cells” are specialized units that operate together. Just as seen in the real-world. CKB cells can be customized to process data, transmit messages, or simply store information. Nervos CKB is also more of an systematically structured than conventionalengineering studies.

Programming is based on cells inspired by Bitcoin’s UTXO model. Cells contain random data such as status (such as user-defined token ownership). Cells are also stable: they cannot be changed once they are built. Cells in the CKB can be recognizedas first-class citizens. Cells work both as input and output of transactions and are the components that make up the global state of the CKB.

Owners of user-defined tokens (UDT) are real owners: they can only use cells that store token data. Stateful programs in the CKB do not combine the situation as in Ethereum smart contracts. Users own their cells.

#5 VECHAIN (VET)

In 2015, Sunny Lu founded the enterprise-driven Vechain (VET), released to the blockchain in June 2016. Thus, this proof of stake economy was born and paired with Vthor token.

Vthor is a computational gas used within the network to cover the cost of transactions; as you hold VET, you will earn Vthor each Vechain had within your wallet via Exodus or Atomic wallet. With no actual desire to be an all-out decentralized asset, the objective for the team is to integrate both Defi and Cefi, which will keep them efficient and accountable.

The Vechain team is exclusive to helping the supply chain enterprises, and the goal is to help grow supply and product through distributed ledger technology. Vechain uses the strength of QR coding and helping stay secure with weaknesses in the supply chain by providing a service to help track data, authentication, quality, storage temperatures, and transportation status.

Behind the scenes of partnerships, VET has been #1. These partnerships range from enterprises to everyday businesses that also use the Vechain blockchain solutions. Being in the cryptocurrency space for some time now, we can note that anything that helps the blockchain grow tends to be around for a long time.

This is where Vechain comes into play for our future. Take a look below at the photo:

These are just some of the partnerships Vechain provides. VET has also partnered with Walmart and Sam’s Club, two of the biggest companies in today’s food, to help push the supply chain future.

This is why I am a maximalist — purely based on the fundamentals of where this company is going, understanding what we need amongst the blockchain, helping us integrate with the digital technology that will be a part of how to enter the future.

Where the money goes, the smart money follows. Vechain is a smart money man’s play.

How do you rate this article?

17


Zoharks
Zoharks

I am a Crypto-Asset advocate and Writer


ChangedWorld
ChangedWorld

going digital for the people

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.