Top 10 cryptocurrency which can do 50X in long-term

We are in early years of blockchain era, where we started seeing lots of innovative projects are coming up with their own cryptocurrencies/tokens. If we consider, Blockchain at current years as internet in 1994, then we have a lot more room to grow. All these blockchain based companies came out from funding phases and building their initial versions of products. These Products are yet to be adopted by industries on mass scale.

One thing we all are very clear that, blockchain is going to be huge. On long run, We might see 95% of projects may die and 5% may emerge as winners. But out of that 5%, Few projects can really pull off growth like bitcoin, Above 50x.

In this article, we are showcasing a list of those projects who have potential to do more than 50x in long term. All these projects which we are including in this list have VC investment backing. Because we understand that A VC firm invests in any project for long-term value, not for 5-10x profits.

Here is a list of projects and their native cryptocurrency that we think will do 50x in the long term and are worth getting onboard early.

NEO

NEO, which was originally called “AntShares”, was founded by Da Hongfei in 2014. In fact, it was in June 2017 that NEO rebranded from AntShares to NEO.

NEO’s aim is to build a network of scalable decentralized applications, in which transactions are done using the native token which goes by the same name. The main feature of the platform is its use of smart contracts and how it utilizes them to digitize assets and their management.

The platform supports a variety of coding languages and has its own version of a virtual machine that converts the code back into the platform’s native language. The platform and community has much acclamation in the field having roped in partnerships with and technical cooperation deals with names like; Bancor and Coindash.

Among investors, NEO is more popularly known as the “Chinese Ethereum” because of the similarities in technology and vision. And in comparison to other coins in the market, NEO has managed to be relatively stable. Neo has close relations with the Chinese government and it can play an important role in China blockchain economy, which will take it take valuation to the sky in future. The token touched its highest ever valuation in January this year, peaking at $161 USD per token and though it has leveled out since, it still exhibits a steady rate of growth.

VeChain

VeChain is a platform that leverages the transparent and distributed nature of the blockchain to optimize supply chain management processes. By optimizing these processes, the platform and its working gives the power of deciding the quality and quantity of the products in question back to the customer and subsequently the consumer.

VeChain is a Chinese blockchain product and over its years has contributed to solving many problems that are native to the Chinese. They struck a partnership with PwC-Audit and Advisory when the company chose VeChain to participate in their incubation programme and worked together to bring down the distribution of fake alcohol, which is a major problem in the country. The VeChain platform also has similar partnerships with the Chinese tobacco industry and its regulators.

The highest value VeChain’s token VEN has seen is close to $10 USD and is ranked 19 on coinmarketcap.com. VeChain represents China’s finest in the blockchain industry and cryptocurrency market and holds a lot of promise as an investment.

Zilliqa

Zilliqa is a high throughput blockchain platform whose aim is to increase transaction throughput and speeds. It utilizes the blockchain’s open ledger characteristics and is meant to scale in a permissionless environment securely. Zilliqa’s main aim as a platform is to take pointers and lessons from pre-existing platforms like Ethereum and work off their disadvantages and problems in order to create a truly scalable network.

Zilliqa has gotten massive community appraisal, having struck partnerships with companies like Bitcoin Suisse, Co&Co, Global Brain Corporation, etc. For a company and team that only got together in 2016, Zilliqa has come a long way.

The Zilliqa platform is a high-throughput blockchain platform that is attacking blockchain’s main problems like scalability and interoperability. It is a gamechanger for blockchain technology. Its native token is called ZIL.

NANO

NANO is a cryptocurrency that was created in 2015. It entered the market as RaiBlocks, it was only almost a year later that the team rebranded RaiBlocks to NANO. It is a low latency and trustless cryptocurrency that relies solely on a block-lattice type architecture.

The fact that NANO as a cryptocurrency relies on block-lattice type architecture basically means that every account/wallet/user on their platform has their own dedicated blockchain.

NANO transactions are free, instantaneous and infinitely scalable.

Basic Attention Token

Basic Attention Token is the first blockchain based digital advertising solution. The platform runs on the Ethereum blockchain and is called the Brave platform. The Basic Attention Token has majorly improved the digital advertising sphere by creating a platform and a token to be exchanged between the advertiser, user and publishers.

The Basic Attention Token and the Brave platform are founded by the creator of JavaScript and the co-founder of Mozilla Firefox and is funded by many big names like; Founders Fund, Foundation Capital, etc.

Basic Attention Token is an advertising and attention-based service that is provided on the Brave Platform. The token’s utility is based on the attention of the user.

ICON

The ICON Project hails from South Korea. Though the token and its use is globally popular, its major market is Southeast Asia. The ICON Project is an independant chain that is connecting multiple community sidechains and increasing interoperability and communication between the two.

ICON is owned by a FinTech firm that has its own exchange, so its main customer base comprises of traditional industries like; financial institutions, healthcare industry, insurance and education industries. Their aim is to make sure that the switch to the blockchain from their legacy technologies is easier and seamless.

Mainframe

Mainframe is a platform for decentralized applications. It is a platform that is committed to providing a space that is free of censorship, surveillance and disruption. In fact the founders of the platform assure that the only time their platform may possibly stop working is when there is an asteroid event or a massive alien invasion.

Mainframe is the new messaging layer of the new web. It allows massive data transmission between dApps and as a platform is built on top of these five fundamentals; encryption, peer-to-peer architecture, interoperability, incentivisation and dark routing.

SALT

SALT is a platform that allows users to borrow and lend money by staking their digital assets as collateral. The KYC is pretty simple and there are very few terms and conditions that are set by the platform.

SALT is the first platform of its kind that allows people to have liquidity of digital assets without having to sell off their assets. The platform has many strategic partnerships that include big names in the space like; ShapeShift, Ideas by Nature and Keep Key.

ETHOS

ETHOS is a company that is trying to make owning, storing and trading cryptocurrencies everyone’s cup of tea. They are a US based company that has an easy-to-use, universal wallet and a fiat gateway that makes buying cryptocurrencies easier.

Their mission is to make cryptocurrencies more accessible and make it a market with maximum involvement. ETHOS conducted its ICO in June last year and has since managed to strike two very lucrative partnerships with Taxfyle and PLAID.

ONTOLOGY

ONTOLOGY is a public Chinese platform for projects that are either in their incubation or build phases to come and develop. It is a high-performance blockchain that is now a trusted collaboration space for new projects.

ONTOLOGY is a Onchain subsidiary and was launched in 2017. It is unique in the sense that it allows everyone, regardless of whether they have experience in distributed technology to use the blockchain. Their partnerships roster has names like; Sequoia Capital China, NEO, etc.

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