Basically, on a daily basis, CoinMarketCap lists new Cryptocurrencies. Coin World Story is evaluating some of these recently posted coins/tokens so the global Crypto community can acquaint themselves with them.
For us, it is imperative to point out opportunities and risks, so that the community will not fall victim to the brazen crypto scammers who should be smoked out in the interest of the industry. As reliable crypto media, we see it as part of our pertinent job in spotting the bad nuts and raising the red flags if needed. In the past, the likes of OneCoin were detrimental to the ecosystem and global acceptance of cryptocurrencies.
Utrum (OOT)
The Utrum (OOT) network is supposedly an independent Blockchain forked from Komodo’s ZK snarks privacy chain utilizing dPOW (delayed proof of work notarizing the Blockchain to KMD and Bitcoin). The brains behind the project claim the difference it is bringing on the Crypto scene is to solve the chaos and mistrust in crypto reviews and analyses, by utilizing a rewards system which promotes honesty, trust, and transparency.
John Westbrook, Market Lead of Utrum demonstrates how their network uses a series of algo in tandem with Artificial Intelligence Learning Machine and community-voted Trustees to accomplish precise “Crowd Wisdom” in curating reviews, predictions, analyses, and crypto-related data within the platform. “Rewards paid to members for participating are designed to promote accuracy in conjunction with a dynamic member reputation system,” Westbrook told Crypto World Story.
Many Blockchain projects were merely a nine-day wonder. But on sustainability, Westbrook insists the ultimate vision in this is bringing trust and confidence to crypto-investing, regardless of an individual’s skill level or personal expertise or experience, which he holds will further promote innovation and growth in the crypto industry at large.
To the OOT community, the man in charge of Marketing expressed the team’s heartfelt appreciation:
“Most importantly, a huge Thank You to all OOT holders. We have a very ambitious, exciting, and the action-centric plan being formulated both transparently and behind closed doors! As a team and project, we believe taking real, deliberate and focused action is what ultimately will bring success to our plans. And we are grateful for such a supportive community.”
GINcoin (GIN)
The GINcoin Team claims the project is built on Dash’s codebase and it is set to eliminate the technical barriers and frustration faced by people who want to set up MasterNodes (MN) in the midst of the rapid growth of Masternodes in the Blockchain ecosystem. They are therefore set to make MasterNodes accessible to everyone and allow them to earn passive income through MNs regardless of their technical skills and without any coding experience.
Accessibility of the platform in the view of MLVNL, Lead Dev of GIN comes in many shapes and sizes and another barrier to entry is the collateral needed for a masternode. “For the more established coins, like PIVX and DASH, that can be a huge problem. So we’re working on something that, at the time of writing, still relies on third-party devs – Shared Masternodes. For now, that’s our goal – making Shared MNs a reality,” he revealed.
He is optimistic GIN will mature into an even more useful platform and the go-to place for everything related to masternodes. He also emphasised they are approaching the project with caution and without overpromising but committed to building a great product.
When asked to send a message to GIN’s holders, this is what he said:
“We’ve tried to attract people who are highly critical of us or crypto in general, to keep the channels from becoming echo chambers. The product, as always, comes first, but in this case, it’s tied at first place with the community.”
Super Game Chain (SGCC)
Super Game Chain according to its creators is the ultimate blockchain solution for the gaming ecosystem. Aram Hami, Community Manager states that It is an organic game ecosystem and chain built on decentralized smart contracts, enabling gamers to invest in and collaborate with game developers, buy and sell in-game tokens and play and rate brand new games via the platform.
The Community Manager thinks the difference between Super Game Chain and others is that there are a lot of gaming-focused platforms out there that only trade virtual game assets, like characters and items, while his outfit is an entire game ecosystem and focus on unleashing creativity and innovation in gaming. “We want the gamer to feel involved in the creation of games and we want game developers to not only raise funds but also to feel validated for their work and to be connected with their end users,” Aram maintains.
On how he sees the network in the next five years, he replied that they have a big vision for Super Game Chain. In his perspective, Super Game Chain in a decade aims to build a solid userbase and community to eventually host over 10,000 games and reach 20,000,000 users.
Aram had this message for the SGCC community:
“We are currently developing this ecosystem and have a lot to be proud of so far. Our Wallet & Client MVP 0.1 is currently live on the Google Play Store. You’re able to create your gamer identity profile and receive 1,000 FREE SGC credits, that will eventually be converted into SGCC.”
Faceter (FACE)
The Faceter team is convinced they have built a platform offering an entirely new solution in the field of video surveillance systems that combines several technologies at once – blockchain, fog computing and neural network. It is their opinion they have chosen a decentralised system also because of the cost since currently, even a simple storage of video from a CCTV camera within 1 month can cost $ 15-25, not to mention recognition services.
Vladimir Tchernitski, CTO of Faceter mentioned that the network entirely works with millions of cameras connected to it which is a game changer in crime prevention. “Faceter is able to recognise faces, gestures, emotions, interactions of objects and respond to it,” Tchernitski remarked.
The CTO is optimist his Blockchain company will play a great role in the coming future in ensuring trust in a system with trust issues. They hope to cover many big markets in the coming decade.
Showing this report a picture of President Donald Trump with a sign that says ‘JUST HODL’, this was what he said to his community:
“We are sure that we will be able to keep our investors as our future customers and, of course, enlarge the community. Therefore, for now, what we can say is keep supporting us.”
* Watch Out for Part 2.
