Newly Listed continues to grow with more features, networks and products emerging every day. There are more than 1800 digital currencies listed on CoinMarketCap today.
In the midst of this beautiful ecosystem is some bad elements who want to take advantage of the situation and dupe unsuspecting people. At Coin World Story we always urge our readers to understand the technology before putting in their money.
It is in this direction that we keep creating awareness about new entrants and what they have to offer. This piece takes a look at newly listed coins on CoinMarketcap for the 3rd week of August 2018.
4NEW (KWATT)
The Business model of KWATT is about tokenizing electricity and making a globally scalable solution which addresses energy shortages, an abundance of waste, and climatic emissions. This network is a producer of energy, unlike other tokenized energy Blockchain platforms which operate as an exchange making it a utility token.
With waste streams which create energy while diverting waste from landfill, the underlying technology is PoW and PoS. The platform claims the organic and non-organic technology remains far below the EU emissions regulations.
According to Varun Datta, founder and chairman, in 5 years they project to have 22 operational plants across the globe. “This will be achieved through a reallocation of mining revenues and would increase the initial value of our tokens seventeen-fold,” Datta told CWS. “This is attainable, as other companies have achieved greater than this target in the same timespan and from there, the sky’s the limit!”
Datta expressed his profound gratitude to those who have committed themselves to support the project and indicated they couldn’t have done it without the continued positive efforts of their community. “Our message to our holders is, hold! Understand that in our brand new token there is some volatility created by outside pressures, but remember that the tokens are backed by electrical power, for a lifetime,” the founder and chairman said.
Mithril Ore (MORE)
Mithril Ore is a proof of stake token for Newly Listed eventual Casper upgrade. Proof of Stake in Ethereum is currently now known as the Shasper upgrade (formerly – FFG and CBC versions of Casper). We wanted to be first to the market for this novel, but necessary utility token regarding smoothing the pot-holes that come with Ethereum Staking.
Laura Hopkins, JD CEO at Mithril Ore, revealed that Shasper Proof of Stake in Ethereum is currently known as the Shasper upgrade (formerly – FFG and CBC versions of Casper) and in its current form it will be inaccessible/inconvenient to Ethereum users such that people are unable to stake by either being too novice, having too little Ethereum to meet the staking threshold, or even too busy to participate in the 24/7 staking-node validator requirement. It also ties up one’s Ethereum by making it extremely less liquid (locking up Ethereum for up to 4 months) and Mithril Ore Token resolves these conflicts with ERC-20 liquidity which is an Ether-backed token that pool and stake Ethereum 24/7.
MORE’s underlying technology is ERC-20 and Ethereum blockchain. “We are a third party utility token that fills a void in the cryptocurrency space and the first in the market with this novel concept,” Hopkins noted.
It is their belief Cryptocurrency is the logical next step in currency and monetary transactions with peer to peer transactions eliminating high expenses and that will be an obvious and accepted use-case over the years. Therefore, Mithril Ore has come to stay and it is going to be a disruptive technology in the next five years.
The message they have for the Mithril Ore community is that their goals are feasible in the sense that the token is growing every day as well as looking forward to a bright future in the cryptocurrency market. “Whereas most experts foresee an alt-coin extinction, our premise, expertise, and integrity connote survival in this market for the long term. We hold the success of this token and the community that supports our token in the highest regard,” Hopkins said.
Gentarium
Gentarium has joined the growing community of MasterNode (MN) coins which has become a beautiful part of the landscape providing passive income. It represents a platform for hosting MN, shared MNand the ability to monitor GPU and Asics with an introduction of MN auction in the pipeline.
It has no progressive tech, but a better platform for its goals. GTM’s underlying technology is Proof of Work and MasterNodes.
Petrov Max, Community Manager of the project revealed the network is geared towards being amongst the most reliable when it comes to the domain of Newly Listed Nodes Cryptocurrency in half a decade. “We simply want to be one of the best platforms for miners and MN investors and Make MN investment faster and easier,” Max hinted.
He urged the community to take advantage of early adopter opportunity and get involved. “Its the best time to invest, cause we are at the beginning and we are here to be the best in our sphere,” the community manager registered.
Soniq
Soniq is leveraging the Blockchain to assist talented amateurs and experts in the music industry cash in their skills through implementing various applications that can help them stand out, get promoted, connect with other musicians and gigs. “We don’t offer a “money-making scheme” or free money just a platform which can help you launch your career in the right direction but it’s still up to you, how hard working and talented you are,” Nicolas Divic, CTO of Soniq maintained.
It is an Ethereum ERC20 token with talent show app which is a hybrid app, that has a DApp part used for transparent, rig free voting and payments and a centralized part for users who just want to watch people competing without ever knowing about the “blockchain magic” in the background. The DApp is implemented in Solidity and the centralized backend in NodeJS implemented in a Progressive Web App which will completely emulate the native experience using React.
According to Divic, they truly believe that the approach to implementation will bypass the two of the biggest obstacles for blockchain mobile apps which is distribution (App store) and the barrier of entry for non-crypto users. Also, their confidence in the Lean Startup philosophy and Customer development utilize daily will help them develop a good business model. and pave the way for the new generation of blockchain projects, which is based less on hype and more on hard work, research and proven practices.
“We want to see Soniq as a project being revered and quoted as one of the first “antifragile” blockchain companies that can operate even if the crypto bubble bursts, he said”
To the Soniq community, they have pledged to Newly Listed underpromise and overdeliver, as they have done so far. “So don’t be worried if there’s not so much hype in our publications. Thanks for taking part in the future of Blockchain,” the CTO stated.
[su_quote]This article is writing on 30 Aug 2018 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: support@coinworldstory.com Or Whatsapp Us- +13098896258[/su_quote]
