The named entities or Blockchains set forth below do not represent recommendations to purchase or in any way reflect investment advice. One of the key variables that is critical for deciding to invest is missing. That variable is the current valuation of each token or asset vs the overall market, and a reasoned forecast of future performance vs the market. What is presented below attempts to inform and to encourage research, to learn about each, and to come to an opinion of whether any of them or all of them strike you as being an important participant in the future development of digital asset platforms.
Update on Emerging Blockchain Platforms
The infrastructure build within the Blockchain world is young and filled with new ideas. Some of the entrepreneurs will fail but some will succeed and become the next Google, or Facebook, or Microsoft.
As I research and seek out the winners that lay among the ideas that will never mature, my enthusiasm and belief in the Blockchain technology platform only grows. There are real winners emerging.
Currently there are six newly added enterprises that I find compelling. They are:
1. Blockstack
2. Quant
3. Tomo
4. ChainLink
5. Enjin
6. Celsius
Blockstack
will be the first SEC approved security token. It has filed a $50 million Registration Statement with the Securities and Exchange Commission to sell security tokens to the public. Their founders include PHDs from Princeton University, and they have developed, with $50 million of backing from Venture Capital entities, a comprehensive blockchain platform and web browser that supports contracts and an array of decentralized APPS (applications) that are business and consumer focused.
QUANT
is UK based. Their management team are technologists from the computer security world. They have developed a software licensing platform for business that enables businesses on one blockchain platform to migrate to another blockchain with ease and simplicity. They have designed their platform with banking and oil & gas corporate clients as initial targets.
TOMO
is a Singapore based blockchain. They have an inter-operable platform across blockchains with a focus on the gaming industry and decentralized APPS. They utilize a 150 Node platform in a proof of voting stake environment. Staking rewards on an annual basis exceed 10%.
ChainLink
is based out of the Grand Cayman Islands. It has a close connection to Cornell University. Contracts within the blockchain world need to validate that conditions are met to execute the provisions of the contract. ChainLink provides the bridge to data resources that reside outside the blockchain that are critical verification sources. Think of a music sale that triggers within a smart contract payment to all parties at time of sale (artist, writer, producer, etc). This smart contract must link to a validated external source to verify the sale took place. ChainLink provides that connection.
ENJIN
is a South Korean based company. They are part of the new Samsung S10 phone release, providing a game based blockchain platform for mobile gaming. ENJIN’s game platform has over 20 million users.
Celsius
is a UK based company. Their co-founder developed Voice over Internet Protocol in the 1990s, and has now built the platform to move money over the internet instantaneously through a banking platform for crypto-assets. They accept crypto-deposits and pay interest on those deposits, and they make loans in both crypto and fiat currencies.