Projects Built on Stellar and Possible Investment Ideas
In this article, I will speak about five projects that have chosen Stellar blockchain as opposed to the Ethereum network. A distinctive feature of Stellar (https://www.stellar.org/) is that it is sharpened for micropayments and has a throughput of up to 3,000 transactions per second and confirmation within 3-5 seconds. So it is not surprising, that many projects like a Stellar as a solution for their projects.
SmartLands (SLT) is a platform for issuing security tokens and tokenization of real estate. Since the ICO in November 2017 it has raised slightly more than $1.7 million at $0.50/SLT. The product, designed for business use, is ready and works.
- Smartlands Price: $3.35
- Market Cap: $17,073,017
- Trading Volume: $799,994
- Website – https://smartlands.io/
I do not see any entry points here although the coin has provided 7x returns in USD over 6 months.
Mobius (MOBI) – “connect the world with the blockchain” – is their slogan. It provides integration of tokens and smart contracts into any existing applications, as well as m2m (machine-to-machine) payments. During the ICO it raised $35 million at $0.16/MOBI. The token itself is used for payment in dApp store and stacking.
- Mobius Price: $0.01319447
- Market Cap: $6,751,775
- Trading Volume: $44,942
- Website: https://mobius.network/
The asset does not seem interesting for me for investing.
SureRemit (RMT) is a specific niche product sharpened for quick and cheap remittances targeting migrant workers, as well as micro-payments for utilities. During the ICO it raised $10 million at $ 0.02/RMT. The application is ready, about 700 reception points are open in 5 countries in Africa and the Middle East.
- SureRemit Price: $0.00458187
- Market Cap: $2,290,759
- Trading Volume: $587.40
- Website: https://sureremit.co/
No entry point since there is virtually no volume.
Ternio (TERN) is the “fastest blockchain in the world,” according to the website, with a bandwidth of up to 1 million transactions per second. During the ICO it raised $3 million at $0.02/TERN. The project is designed for online advertising, but according to the developers, can apply to any area where high transaction speed is required.
- Ternio Price: $0.01327013
- Market Cap: $5,744,529
- Trading Volume: $104,509
- Website: https://www.ternio.io/
Maybe a good point to open some minor positions to play against ETH for short term with an aim of 20%.
SIX Network (SIX) is the brainchild of the Thai giant OOKBEE, offering “blockchain integration into everyday life.” During the ICO it raised $42 million ($ 0.1/SIX). The team released a universal wallet and founded a blockchain fund. Beta version is scheduled for the third quarter of 2019.
- SIX Network Price: $0.01072694
- Market Cap: $2,924,708
- Trading Volume: $157,785
- Website: https://six.network/
Here could be a good option to play against BTC. Currently, the price is around 250 Satoshi, and the target could be in a range of 400-450. Volumes are increasing, but no major exchanges are present.
Disclaimer: The author owns bitcoin, Ethereum and other cryptocurrencies. He holds investment positions in the coins, but does not engage in short-term or day-trading.
Featured image courtesy of Shutterstock.