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Hidden Crypto Gems in 2020

Hidden Crypto Gems in 2020

Searching through the growing selection of cryptocurrencies available today to find a good investment can be a real choir. There are so many platforms, blockchains, and tokens that it becomes overwhelming for the average investor to make sense of all of the data. Luckily, you don’t need to spend the rest of your month evaluating crypto projects to locate the hidden crypto gems of 2020. Here’s a list of coins that are sure to provide a great opportunity to investors.

Apollo

Apollo entered the market with the goal to revolutionize the crypto sector. This platform integrates a variety of next-generation technologies to make it one of the most robust platforms in the market.

Private –Secure- Fast

Apollo provides users with the ability to decide how to send transactions on an individual basis. You can select between private and public send. Impressively, these peer-to-peer transactions complete in less than two seconds. This speed places Apollo on par with other major payment processors such as PayPal and Visa. 

Planning Ahead

As part of their forward-looking stance, the development team behind this project went to great lengths to ensure that the platform is quantum resistance and scalable. To that extent, Apollo relies on sharding to keep its data compartmentalized in an efficient manner. 

Sharding provides a host of benefits to the Apollo ecosystem. Primarily, it creates the world’s first Dapps infrastructure with limitless storage.  It also allows for streamlined updating and an all-around more robust blockchain. 

More Options

As a fourth-generation cryptocurrency, Apollo includes a host of functionalities that used to be only available across multiple blockchains. For example, anyone can create a token using the system in minutes. You can also conduct direct cross-chain transactions via Atomic Swaps.

Trade Apollo

One of the easiest ways to get Apollo is to go to the popular exchange Bitmart. Here you can trade Bitcoin or Ethereum for Apollo in seconds. Bitmart offers an easy signup process. You are ready to begin trading after you complete your account verification.

GSX

GSX also makes the top of the list, partly because it resides on Apollo’s blockchain, therefore it shares many of its technical advantages. Additionally, GSX holds the title as the world’s only Quantum secured stable coin. Quantum blockchain hacking is a real concern amongst the blockchain sector.

As the technology continues to advance, the risk of a single quantum entity gaining the computational power to affect an entire network becomes more real every day. Blockchains that are not quantum resistant run the risk of becoming obsolete when this technology emerges publicly.

Accountability

All GSX tokens are backed by gold and gold-rich land directly. You can even trade your GSX for pure gold if you desire. All of the company’s reserves undergo monthly audits to ensure that your GSX stays backed 100%.  In this way, GSX combines the best elements from a stable coin, cryptocurrency, and investment coin to create a new platform for the future. 

Get GSX

GSX investors can receive a 50% discount when they purchase the coin via its presale at GSXCDE.com. As a GSX holder, you are entitled to receive yearly dividends for your investment. You also retain a portion of ownership over the firm’s total operations including mining equipment, land, and gold based on your holdings.

Ethereum

Ethereum continues to be one of the best cryptos to invest in for 2020. The platform has a number of vital upgrades going into effect before the end of the year. Specifically, Ethereum will transfer from a Proof-of-Work consensus mechanism over to a Proof-of-Stake (PoS).

Ethereum Dominates the Market 

Today, Ethereum is by far the most popular Dapp platform in the market. In fact, a majority of all tokens exist on the Ethereum blockchain. Consequently, developers continually improve on the programming languages used within the blockchain’s ecosystem. Critically, Ethereum utilizes a variety of programming languages.

Ethereum remains a key player in the Dapp market. The platform received a boost of confidence this year after regulators stated that it doesn’t fall under any securities regulations in its current state. 

BAT – Basic Attention Token

The Basic Attention Token (BAT) is the utility token that services the Brave browser blockchain. Brave offers users the chance to regain control over their internet data via various ad blockers and other control mechanisms. Users earn BAT tokens for opting into ads on the browser.

A New Approach

Importantly, users can also tip content producers via BAT. The system even allows you to automatically tip websites that are signed up for the browser and maintain quality content. In this way, Brave incentivizes content creators to focus on developing top quality content rather than marketing strategies.

BAT is the brainchild of former Chrome executive Brendan Eich. This relationship is visible within the browser’s layout and UX. In fact, you can easily input all of your Chrome data in seconds. This browser also includes a built-in cryptocurrency wallet that enables effortless sending and receiving of all major cryptocurrencies and ERC-20 tokens.

NEM

NEM’s unique approach to the market has earned it the title the “Smart Asset Blockchain.” This popular network provides users with an efficient way to manage assets and data easily and at a low cost. Notably, NEM stands for New Economy Movement.

Proof-of-Importance

This Singapore-based platform relies on the XEM cryptocurrency to service its inner workings. This utility token depends on a Proof-of-Importance consensus mechanism to approve transactions. The system allows anyone to stake 10,000 XEM and start approving blocks. 

NEM also includes a harvesting feature that functions similarly to PoW consensus mechanism. The main difference is that instead of each miner contributing its mining power in a cumulative manner to a computing node, a harvesting participant links his account to an existing Supernode. Then the person can use that account’s computing power to complete blocks on their behalf.

Hidden Crypto Gems in 2020

Sadly, in 2020, many people think that they entered the market too late to discover the next big thing. However, given that the industry is still in its infancy, this is not the case. Today, the market contains the seeds of what will one day become one of the core industries in the world. Stick with these tokens for 2020 and you are sure to see some healthy returns

 

Elina is New York based writer and media consultant. Currently she is involved as an advisor in several ICOs. In addition to her professional interests, she loves jazz, modern art, coffee, and yoga.

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