Beginnings
Hi there,
I am writing this, as the start of a new adventure and sharing personal ideas, not an investment advise.
I may have been already late, however recently discovered that the blockchain technology may be used in the future for many purposes, therefore decided to invest into several companies / project as a long term investment. Remember these are only my ideas which may have value in the future, and please weight my ideas to adjust your risk into investing. Never invest more than you can afford to lose.
I will create a portfolio of these 'alt' coins, and buy small amount once a find new ones.
Hopefully will be able to share progress after some time.
Lets get to it...
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Investment Criteria
Applicability of the aim of the app / project / company into daily life and if the idea is sound.
Activity on the source code / social media
Invest in the ones you believe which may have future
After investing check the progress of tokens once a year, if any becomes inactive then consider replacing.
Coin Picks
ATOM (Cosmos)
Aim is to improve usage of blockchains by implementing parallel structure potentially increasing its uses.
What is Cosmos? - Cosmos Network
Code development : very recently active
XLM (Stellar)
Aim is to store and move money, main application is payment of invoices over the work with low costs and in whatever currency. There is very big demand for this in trade business.
Open Source Blockchain for Currencies & Payments - Stellar
Code development : very recently active
XTC (Tezos)
Verification of data within blockchains, more data used everyday more validations required , if blockchain is growing this type of tokens should grow.
Identity (DID) - Tezos Agora Wiki
Code development : very recently active
ENJ (Enjin)
One of the first real applications of blockchain into daily life.
Items gained in certain games can be melted to coins(ENJ) which have real life monetary value.
Code development : not very active
Contributors to enjin/contracts · GitHub
Aave (AAVE)
Blockchain lending/borrowing platform. You can use your coins (mainly stable coins which are fixed to 1 USD) to earn high interests upto 15-20%, with no practical risks.
Aave – Open Source DeFi Protocol
Code development: active
GitHub - aave/protocol-v2: Aave Protocol V2
Civic (CVC)
Personal and health data storage / also wallet.
People may carry their health / id data in the system in a verified way and access to it easily. It is secure because it is only available to themselves.
Health key especially seem to have a future.
Civic Bitcoin Wallet - digital wallet for storing and sending BTC
Code development : recently active
Civic Technologies, Inc. · GitHub
District (DNT)
Several different usages by different districts such as communities, job market, 2nd hand market and possible expansion for future districts.
Understanding district0x - district0x Education Portal
Code development : recently active
Filecoin (FIL)
External cloud storage , safe because the data is shredded into small pieces before it is distributed.Data recovery is possible if data is lost.
A decentralized storage network for humanity's most important information | Filecoin
Code development : very recently active
Moedity Project (MDA)
Aim of the coin is to contribute toward UN Sustainability goals. Allows investors transparently help any project.
What is MDA Moeda Loyalty Points Cryptocurrency? (cryptonews.com)
Code development : not very active
Measurable Data Token (MDT)
Control your own data, gain coins if you want to sell it.
Code development : recently active
Measurable Data Token (MDT) · GitHub
VIDT Datalink (VIDT)
Document e-certification / validation which already in partnership with several big companies such as Airbus, IBM , may also be used for SAP or such several cases of application are in their website.
Case Studies - V-ID (v-id.org)
Code development : not that active
Everipedia (IQ)
Wiki on blockchain. Already functioning. Idea is that it is more secure and cannot be altered.
You can earn coins by editing articles. May be hard to censor due to blockchain tech.
Please also note that everipedia is owned - where wiki is open sourced.
Code development : very recently active
DENT (DNT)
Seems promises purchase of international mobile data via blockchain and e-sim. If the project is successful you may purchase local internet cheap data where you travel.
DENT – The world's first digital & global operator. (dentwireless.com)
Code development - not much info on the web
Social - seems to be active in social media
So far this is it... hopefully I will find more coins I will see worthy to consider investing in them
Take care!
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