Waltonchain and the IoT Revolution

Waltonchain (WTC) is a project that has caused controversy from it’s ICO during a sensitive time in The Asian crypto markets, but has continued to deliver on the back of a revolutionary team and product in the IoT blockchain space. The WTC blockchain is uniquely built to integrate directly with RFID sensor chips which write directly to the blockchain. This ensures authenticity and ultimately enables teams to build hyper traceable ecosystems. There is massive value in this technology with a large number of supply-chain oriented businesses, and WTC has drawn partnerships with Alibaba Cloud and The China Mobile IoT alliance.

WTC has been trading down the past few months with the bear market, but is starting to show signs of life as the team continues to deliver on the roadmap. The Waltonchain platform has also already birthed child chains in Freychain and Fashionchain, and will continue to grow as a leading IoT project in the space. The long-term value proposition is something to keep in mind, and WTC trades at just $6.71 on Binance today.

from www.waltonchain.org

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

Time For Bitcoin Bull Run?

Bitcoin is currently riding towards a three month low and has been sent downward in the past few days by fear surrounding a hack of a small exchange in Korea, along with sentiment from US government that ICOs will be labeled securities moving forward. BTC is the digital father of cryptocurrencies, and altcoins are swift to follow it’s price movements (Often with 10-20% greater amplitude than that of BTC).

While the SEC made their stance clear that initial coin offerings and tokens will be labeled securities(and thus face more stringent regulation), they were also clear that Bitcoin is not a security. BTC will remain a commodity and this is definitely positive news for. China has recently shown signs that the BTC ban may be repealed, which would be a tremendous boost of confidence to the Bitcoin markets. While the ICO environment may be uncertain in the coming months, Bitcoin should see a resurgence in market cap domination as well as price in the months to come. BTC is currently trading at $6,766 on Bittrex, Binance, and Coinbase.

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

Hot Altcoin 🔥Dorado Drones (DOR)

The Dorado team has completed their ICO of DOR token, which will be listed on exchanges in the coming weeks. Dorado has built logistics network using drones that can greatly enhance on-demand delivery, and the team is in prime position to disrupt the online food and commerce logistics industry. This is not just a concept, they have already achieved a successful MVP (Minimum Viable Product) in Foodout Group- which has been operating for 3 years, is active in 6 countries, and has over 1 million platform users.

While Foodout Group has focused mainly on last mile food delivery, Dorado will expand that horizon globally to deliver anything that online shoppers should desire. The problem of last-mile delivery is one that the largest service providers such as Amazon and Uber Eats are struggling with at the moment, and Dorado has a big answer. This image from teams website explains how effective their HyperLocal Logistics platform is, which uses blockchain to connect customers to a network of human couriers, drones, and robots(yes, robots) to deliver anything from store/restaurant to front door in just minutes.

Image from https://www.dorado.tech/

The token for Dorado's ecosystem is DOR, and it will be used to gain discounts in the network, and access to a variety of user benefits. A big incentive for these tokens is that DOR holders will receive a disbursement of 7% of the ecosystems net sales, quarterly. Considering Foodout Group already earns $50mn USD a year, this is a compelling case for Dorado’s token. The team's roadmap is solid and can be found on their website (www.dorado.tech) 200 million DOR tokens were sold in the public ICO. Look for DOR to debut on platforms in the coming weeks, as it is a project to keep an eye on.

Image from https://www.dorado.tech/

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

Hot Altcoin 🔥VeChain

VEN (VeChain) - The VeChain Foundation is building to become the top distributed business ecosystem. The project is being headed up by CEO Sunny LU, who was most recently the CIO of Louis Vuitton China. Sunny has been busy building top-notch partnerships and VeChain has already partnered with PwC, Cisco, BMW, Kuhne + Nagel (Massive Global Freight Company), and China Unicom (Chinese Telecom operator w/ 4 largest mobile subscriber base in the world), and Chinese Government Tobacco arm.

VeChain is gearing up to launch their mainchain, which will be named VeChain Thor Blockchain. During this launch, all VEN tokens will be exchanged to become VET at a 1 to 100 payout. This is essentially like a stock split and is positive news considering the massive partnerships the team has built. The team has also been working to get new projects to build on the Vechain Thor blockchain. Plair, a blockchain backed gaming platform and community, has been announced as the first ICO to debut on the platform. It will be an interesting couple of week but VEN/VET definitely gives a lot of reason for excitement, VEN currently trades at $4.32 on Binance.

Image from Hackernoon

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

Four Reasons to be Bullish on NEO

NEO is a project that most of you are probably familiar with by this point, and it is often referred to as the ‘Chinese Ethereum.’ This is a fair high-level comparison, but NEO operates utilizing the Delegated Byzantine Fault Tolerance (DBFT) algorithm - which is a consensus mechanism (as opposed to proof of work/stake) that allows distributed systems to operate effectively and efficiently in the event of a failed component. NEO has traded as high as $180 USD in early 2018, but has since slumped heavily. It now trades around $68 USD on Binance today and has really lagged behind the recent market rally of coins like Bitcoin and Ethereum. There are many reasons that outlook remains bullish on NEO, and below we’ll go through a few:

1. Adoption - The NEO platform already has 19 projects deployed and running, these are issued in NEP5 format and offer advantages to the ERC20 format of Ethereum. Some NEP5 tokens include Ontology, RedPulse, KuCoin, and DeepBrainChain. They have one of the largest crypto Reddit communities(r/NEO) at over 90,000 subscribers.

2. Partnerships - The NEO team has announced they are working with the Chinese Government Authorities around integrating real-world assets and smart contracts. NEO is also a part of the G3 alliance, alongside Bitmain(largest Bitcoin mining pool in China) and Elastos (decentralized internet project).

3. Ecosystem - NEO is positioning itself on a larger scale to become the public cloud of China, offering a full suite of tools such as NeoX (cross-chain contract execution), NeoFS (decentralized storage), and NeoQ (quantum-resistant cryptography).

4. Leadership - Da Hongfei is a tremendously established and well-respected crypto leader in the world! Check out Coin Central’s spotlight bio to learn more about him.

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

Hot Altcoin 🔥 ELF

ELF token is the fuel behind aelf, which is a top 100 market cap cryptocurrency project. The aelf team has set out to build an overarching blockchain infrastructure built to scale commercially and will accommodate all of the existing systems utilizing cross-chain tech (enabling resource isolation and interpretability). ELF will be the token used to pay fees in the system around deploying side chains and transferring tokens. The aelf network is being built to operate on scalable nodes on clusters of computers, becoming a decentralized cloud computing network. This innovative approach will create maximum computing efficiency distributed across the entirety of the network.

The goal is lofty and the price action has picked up recently around news that the team will be announcing major partnerships with large industry players at an event that the aelf team is holding in Singapore early this week. If they can deliver on some solid partnerships, and continue to progress on their product, ELF token could be a big deal. Currently, ELF trades at $1.90 USD on Binance and Huobi.

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

Top 3 Advantages of Litecoin versus Bitcoin

Litecoin has gained a lot of attention over the past year, and for good reason. The coin was created by former Google employee Charlie Lee in 2013 and was forked from the Bitcoin Core client. Lee is still at the helm and the Litecoin Foundation now features 6 full-time core developers and a large and growing community. LTC offers some prime advantages over BTC, and there is certainly much space for both of the coins in the future of the crypto world. Here are three key benefits of Litecoin:

1. Faster transaction confirmation time (4x faster than BTC) 
2. Increased storage efficiency due to scrypt usage in LTC proof-of-work algorithm  
3. More coins to reward miners (84mn to be distributed total compared to 21mn BTC). 

These factors make Litecoin an appealing transactional cryptocurrency, and hundreds of e-commerce stores have already adopted accepting payments in the form of LTC, including Overstock.com! Litecoin's website even lays out methods and instructions for merchants to easily implement LTC payment acceptance on their websites.

In the last month, 30% of total LTC purchased was in USD - with 50% of the total buys coming from Coinbase. This seems to be a good indicator that more people are discovering Litecoin, and it’s many benefits. After the coin has been beaten up in the bear market over the past few months, it is up 14% on the week and currently trades at $131.91 on popular cryptocurrency exchanges including Coinbase, Bittrex, and Binance.

Hot Altcoin 🔥 Lisk

LSK (Lisk) - LSK has been hit among the hardest over the last 30 days from a price movement perspective, but the ETH and BTC markets are starting to rally. Lisk's Sidechain Development Kit makes it easy for companies and developers to build their own blockchain. The tools are free for everyone, open source and written in JavaScript. Blockchain technology can provide tremendous value across a large span of industries from healthcare to supply chain management, but many companies do not have blockchain developers to build entire ecosystems from scratch. Lisk is aiming to make this process easier, much like Shopify has made deploying and operating e-commerce sites an easy and accessible process.

The LSK team announced today that they have officially released the beta version of their Core chain. Although altcoins have been hammered of late, Lisk is a project to keep an eye on. The success will depend on the adoption of teams deploying applications on the platform. If it is truly pain-free to deploy sidechains on the Lisk platform, then it certainly could have a bright future! Right now, LSK trades at $9.50 USD on Binance and Bittrex.

Photo from Lisk team twitter(@LiskHQ)

Top Reasons Ethereum is Prime for a Run

Over the past four months the cryptocurrency markets have been in a bear market, but let’s take a moment to put this in perspective. One year ago today, the total market cap of all cryptocurrencies was $25 billion USD, right now it is currently $245 billion USD - this is almost a 10x increase still. The run up in December was bound to come with a correction and no one is sure how long it will last, but here are some reasons that make Ethereum an enticing coin to hold right now.

Often times, people have referred to the market cap of Ethereum exceeding that of Bitcoin as ‘the flippening’, but this has not happened to date. When looking at the total market cap as a percentage of the entire market, we see some interesting divergences between Bitcoin and Ethereum.

Graph from coinmarketcap

ETH experienced a massive rise to a price of $390 USD in June of 2017, where it reached its closest to surpassing BTC as the largest market cap as a percentage of the entire market. Since that time, BTC continued to assert dominance in the market as it rose to a massive price peak of over $19,000 in December of 2017. Through April of 2018, ETH and BTC have both taken price hits, but the dominance in the market cap percentage has been rising for BTC, while it has been steadily decreasing for ETH. This is interesting considering the growing number of Ethereum dapps...

Ethereum dapps, which are many of the projects that you have seen ICO using ERC20 tokens, actually make up an astounding 85% of all crypto assets that have been issued under existing blockchains. All of these run on ETH as their ‘gas’ and rely on it to successfully operate, making Ethereum’s value crucial in the scope of smart contract projects. Because of Ethereum’s unique ability to cultivate and support deployment of crypto projects, it is in a great position to continue to thrive in this space. While there are cryptocurrencies that are building very similar functionality and even claim to have advantages over ETH, such as EOS and Cardano (ADA) - they have no working products at the moment. It will be important to keep an eye on projects like these, but ETH talks the talk and walks the walk.

While BTC is certainly the king of crypto today, ETH is the king of dapps. You can view all Ethereum projects, including 515 that are live and actively earning profits at State of the dapps. This increasing dapp support, along with the recent slide in market cap dominance, could be an indicator of an Ethereum run to come when the bear market subsides. ETH trades at $363 USD today on just about all crypto platforms such as Bittrex, Coinbase, Gemini and Binance.

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

3 Altcoins With Real World Use Cases

As more and more Altcoins emerge, it can be hard to determine value when so many do not have even have a working product. This is a big reason that cryptocurrencies are considered a highly speculative investment. We wanted to take the time to highlight some projects that we think are addressing tangible use cases with specific applications and solutions! Here are 3 Altcoins that have real world use cases:

1. MTL (Metal Pay) - Metal Pay is building a payment app that is a lot like Venmo for cryptocurrencies. Using Metal Pay allows you to transfer money to anyone, any time, and rewards every transaction. Metal’s ‘Pop’ features automatically pays out 5% in MTL every time a payment is sent, and the app will support integrations with big banks such as Chase, BofA and Citi, offering an instantaneous bridge between fiat and crypto. MTL could push crypto towards the mainstream and would certainly be simpler solution to sending payment than the standard wallet address copy-paste method (which can limit non-technical folks). The team has been transparent in uploading Metal Pay demo videos to their youtube, and marketing is picking up around the upcoming app launch. it will be interesting to see how adoption of the app plays out and could be worth keeping an eye on as MTL trades at $3.60 on Binance currently.
2. PRL (Oyster Pearl) - Oyster Pearl is creating the future of website monetization and distributed storage, built on IOTA Tangle and Ethereum. Oyster enables a user-friendly way to implement both its revenue generation (only have to add a line of code). Website visitors contribute a small portion of their CPU and GPU power to enable users' files to be stored on a decentralized and anonymous ledger - In return, the website owners get paid indirectly by the storage users and website visitors can enjoy an ad-free browsing experience. PRL trades at $0.81 USD on Kucoin and Cryptopia. The PRL team will be performing an airdrop of SHL(Oyster Shell) in the near future, SHL will be used to pay for connectivity and Dapp operation across the Oyster meshnet and SHL will be paid out automatically to all PRL holders at a 1:1 ratio.
3. ELA (Elastos) - Elastos is the building the first internet operating system that uses the internet as the base-layer infrastructure rather than an application. Elastos will call this the SmartWeb, and Dapps will be able to run on a peer-to-peer network without centralized control.The goal of the team is to build a new type Internet community with honesty and without network attacks. Recently, the team posted a photo of an iphone running on the Elastos operating system to Twitter (see tweet here). There has been a lot of mystery behind ELA as the circulating supply has not yet been reported on coinmarketcap, and many believe this number will be low due to a variety of lock ins by the team and some early investors; which could send the price higher. Regardless, after forming the G3 alliance with NEO and Ontology (ONT), Elastos is a project that is in good company, and could be worth checking out as it trades at $37 on Huobi currently.

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

Hot Coins 🔥 WePower

WPR (WePower) - WePower recently finished up their ICO in February, during which they raised $40 million USD. The WPR team has set out to fix the problem of companies using dirty energy sources (think fossil fuel / CO2 heavy gas emissions). They are addressing this problem by empowering a more decentralized process of building green energy projects. The two main use cases are as follows:

1. Deploy smart contracts that enable participants to invest and finance green energy projects as well as acquire green energy in an efficient, secure and transparent way.
2. Provide access to live trade renewable energy across the globe, think of this as a green energy ‘secondary market’.

At its core, WePower is a lot like an independent energy supplier that is aiming to take power away from big oil money and put it into the hands of the general public, to help build a greener tomorrow. The team recently met with the European Commission, who was interested in learning more about the vision. WePower also announced a partnership with Elering, who is the main supplier of independent electricity and gas in Estonia.

It’s encouraging to see the founder of the project, Nikolaj Martyniuk, has over 10 years of experience in the green energy sector, and spearheaded the building of the largest power plant in the Baltics as CEO of Modus in 2016. The WPR project is still early days, yet it offers a differentiated approach, an extremely applicable use case, and strong ties to the industry leaders and bureaucratic powers that be(whether you want to admit it or not, this is important).

WPR currently trades at $0.21 USD on Huboi, and just barely missed out on winning Binance community coin of the month vote (Elastos won the listing). With a Market cap ranking of 165, this is a small-cap crypto project worth paying attention to!

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.