21 Cryptos Magazine January 2018

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70 PAGES • 39 PRO PICKS • 21 COIN ANALYSES

19 PROS • 13 FEATURES

JANUARY 2018

NEW YEAR

NEW MOON

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The 21C Pro Squad

(In alphabetical order)

Beastlorian

@Beastlyorion

Bitcoin Dad

@bitcoin_dad

Bully

@cryptobully

Colleen G

@cryptonoobgirl

Crypto Bull

@Crypto_God

Crypto Bulldog

@cryptobulld0g

CryptoChief

@cryptochief_

CryptoGat

@cryptogat

CryptoManiac

@happywithcrypto

CryptOrca

@cryptorca

CryptoRand

@crypto_rand

CryptoTutor

@cryptotutor

Florian

@Marsmensch

Joe Crypto

@cryptoridy

Missnatoshi

@missnatoshi

Notsofast Crypto @notsofast

Pamela Paige

@thepinkcrypto

TheBitcoinBear

@cryptotrendz

Yakherder

@yakherders

ADDITIONAL CONTENT

The Crypto Street Podcast Crew

Killer Whale

@k1llerwh4le

Prince

@13prince31

CryptoDale

@cryptodale

Pinkcoin’s Creative Design Director

@elypse_pink

TEAM 21C

Ananke

V

Alder

Tiff

CEO & Editor-in-Chief

@GameOfCryptos

Production Manager

@n00bqu33n

Art Director

@anankestudio

Designer

@tiffchau

- Welcome!

- Top Picks 21-16

- A Lesson with the Tutor - Lesson 3

- Top Picks 15 - 11

- Joe’s ICOs

- The Cryptostreet Podcast

- Missnatoshi’s Corner

- Top Picks 10 - 6

- Coin In The Spotlight

- Gat’s Smallcaps

- Our Top 5 Picks!

- #iwanttobetheminer!

- Pink Pages

- Miss G’s Noob Journey: Part 3

- Pamela’s AMAs

- Crypto All-Stars

- Donate

- Beast’s Trading Spot

- Bulldog’s FA

- Event Calendar

- Competition

- See You Next Month!

2 3-9

10-11

12-16

17

18 19-20

21-25

26-28

29 30-35

36-38

39 40-43

44-48

49-53

54 55-56

57-61

62-67

68

69 INDEX

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WHAT A CLIMAX TO 2017 THAT WAS FOLKS. NOT A

MONTH AGO I WAS WRITING ABOUT HOW BITCOIN

HAD HIT THAT MAGICAL $10,000 SPOT, AND NOW WE

CAN SAY IT’S HIT THAT UBER-SUPER-SPECIAL PEAK OF

$20,000! I’D LOVE TO SHARE A GOOD LAUGH AND A

JOKE WITH YOU GUYS THAT $40,000 IS NEXT ON THE

AGENDA… BUT I’D PROBABLY HAVE TO EAT MY WORDS

BY FEB, AS FOR ALL WE KNOW THAT COULD BE A

REALISTIC POSSIBILITY.

SO, ALT SEASON IS WELL UNDER WAY, AND WE’VE

SEEN A LOT OF THE COINS MAKE INSANE GAINS OF

BETWEEN 100-300%. THEN OF COURSE WE’VE GOT

MONSTERS LIKE ZCLASSIC WITH A WHOPPING 2000%

INCREASE IN A SINGLE WEEK. WHO KNOWS WHAT

JAN WILL BRING? THE CALENDAR IS CRAMMED FULL OF

EVENTS, THE PROS ARE OUT IN FULL FORCE, AND THE

COINS ARE ALL BEHAVING LIKE ABSOLUTE MANIACS.

2018 IS POISED TO GET OFF TO AN INCREDIBLY EXCITING

START.

THIS MONTH WE’VE GOT A MASSIVE 10 PRO FEATURES

FOR YOUR DELECTATION, AND OUR NEW DESIGNER IS

SLOWLY REPLACING SOME OF OUR STAFF FEATURES

WITH THE NEW AND IMPROVED V.2 OF 21C’S STYLE.

YOU’LL NOW FIND NOT ONLY THE TOP 21, BUT ALSO

THE ROUNDTABLE (NOW RENAMED CRYPTO

ALL-STARS), AND THE EVENT CALENDAR IN OUR BRAND

NEW THEME. NEXT MONTH WE AIM TO HAVE MOST OF

THE MAG COMPLETED IN THE SAME STYLE.

SO FOR NOW LET’S DIVE RIGHT IN WITH THE FIRST OF

OUR TOP 21 COIN ANALYSES! TURN THE PAGE DEAR

READER, AND YOUR ADVENTURE SHALL BEGIN…

V, Editor-in-Chief

WEL

COME

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TOP 21

SAVE YOURSELF SOME TIME & ENERGY!

Welcome to our main feature! This is an analysis of the top

21 coins for the month ahead. We hand select some of our

pros picks, add some of our own, and set about the epic

task of researching and writing up only the most relevant

information in the most easy-to-understand way - so you

get the benefits of all the research and knowledge without

any of the legwork.

Our aim here is to help you get a quick look at a coin’s

background, what it’s done last month, and what it may do

next month. We include a lot of stats for those interested in

their own analysis, and a scoring system on the bottom of

each page - which gives a brief look at how we’ve rated

each area of each coin’s performance.

The overall score we give - from 0 to 100 - allows us to rank

each coin from no.21 all the way up to no.1. We analyse

Public Opinion, how much Room To Grow the coin has, TA,

FA, and Upcoming Events. Those scores contribute to the

final figure.

Read on, see what coins are trending this month, and enjoy!

Figures accurate at time of publishing

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GAMIFIED MICRO-TASKS

STORM

[STORM]

https://coinmarketcap.com/currencies/storm/

+184%

N/A

165m

0.0046

Bancor Network HitBTC UnikoinGold (UKG) First Blood (1ST) GameCredits (GAME) GROWTH PAST 30 DAYS GROWTH

PAST 90 DAYS MARKET CAP ($) PRICE ($) WHERE TO BUY COMPETITION

0.00

0.25

0.50

PRICE (US$) 0.06 0.03 0 LOW: 0.016 HIGH: 0.05 DECEMBER 2017 JAN 1

CATC H - U P

BAC KGRO U N D

U P COM I N G E V E N TS

P R EDICT IO N

Storm is a very recent token launched in the last week of December, and has already gained a multimillion market

cap at $120M.

Storm creates earning opportunities for people all around the world by letting members find ways to earn through micro-tasks. You can earn by playing videos, trying new products and services, by shopping or performing micro-tasks. They count on advisors like Bill Shihara from Bittrex, and Tom Bollich

from Zynga. Their team has some great prior experience in blockchain tech.

Being such a recent asset, it’s still discovering its price through highs and lows, but the great FA will make it a

solid bet mid/long-term.

Probably one of my favourite bets for 2018. Excellent suite of payments for microtasks with a gamified perspective. All-star team and advisors, founder of Bittrex and Zynga to

mention just a couple of them.

Storm has no events or an available roadmap for the time being. It will be launched soon, however.

Who can say exactly what will happen when a coin’s been on the market a week? Well, we’re in an industry where 99.9% of people love to make money, and there’s

a fun product in their field of interest that will help them make money. Potential gains seem like a no-brainer. But as always, use caution with coins that are new to market.

T EC H N ICA L A N A LYS I S

– Crypto Rand

TA FA ROOM TOGROW UPCOMINGEVENTS PUBLICOPINION

2 3 4 1 3

TOTAL SCORE

67%

21

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THE ORIGINAL OPEN-SOURCE P2P CURRENCY SPONSORED BY SHIBA INUS

DOGECOIN

[DOGE]

https://coinmarketcap.com/currencies/dogecoin/

+285% +605%

929m

0.0077

PoloniexBittrex Cryptopia

Shibas are friendly and competition-averse. They only get

A N G E R Y around filthy cades.

GROWTH PAST 30 DAYS

GROWTH

0.0

0.5

1.0 CATC H - U P

BAC KGRO U N D

U P COM I N G E V E N TS

P R EDICT IO N

Nothing much ever goes on in the Dogecoin world, but the recent bull run has fueled this adorable coin, making

it rise 3x since the beginning of December. Who would ever guess a cute Shiba would give us munnies?

Dogecoin was created for fun by the American programmer Billy Markus back in 2014. It was supposed to be used as a meme

currency, a move applauded by Shiba Inus all over the world. But it has, in recent years, teamed up with charities around the

globe, making it the most adorable and squishable currency with a cap over $600 million and lightning fast transactions,

gaining the reputation of being a tipping coin.

DOGE is known for its predictable market cycles, but this time it surpassed all expectations and is still on a steady climb. If traders keep feeling bullish about it, we might see

it hit a $1bill cap soon. Much opportunity, such money, wow!

The original meme coin. The large supply makes it perfect as a tipping coin. I would love to see some form of web

implementation where you could tip content creators directly with doge. And don’t forget, according to the

Chinese Zodiac, 2018 is the year of the Dog.

2018 is the Year of the Dog in the Chinese Calendar. In the words of Avril Lavigne, ‘what more can I say’?

The temptation to make jokes in this section is almost too high to bear... but in seriousness, Doge is largely based around public opinion. If the meme-lovers get distracted,

Doge could fall. But don’t underestimate the year of the Doge. Also, if Doge gets integration as a formal tipping

coin... Well, time for a trip to the moon.

T EC H N ICA L A N A LYS I S

– CryptoBull

3 3 3 1 4

TOTAL SCORE

69%

20

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HYPERCONNECTING THE WORLD IN A DECENTRALIZED NETWORK

ICON

[ICX]

https://coinmarketcap.com/currencies/icon/

+285%

+1171%

1.96b

5.2

BinanceOKEx Ethereum (ETH) Qtum (QTUM) Lisk (LISK) GROWTH PAST 30 DAYS GROWTH

0.0

3.5

7.0

PRICE (US$) 7 3.5 0 LOW: 1.16 HIGH: 6.99 DECEMBER 2017 JAN 1

CATC H - U P

BAC KGRO U N D

U P COM I N G E V E N TS

P R EDICT IO N

Icon has recently launched in Korea and it’s taking the Crypto world by storm. Trading below $1.50 at the

beginning of December, it has soared past $6.50 on Christmas Day, preceding their main launch on January

24th.

Focused on a community-based blockchain, Icon seeks to bring the different projects and cryptoassets together without resorting to centralized exchanges, mainly for identification data, wallets, and goods and services - giving a real use case to daily problems. The ideas are

limitless.

The highs were astonishing and the lows brutal to some new investors, as it usually is in Crypto. There’s huge

volume and a stable uptrend with support at $5.

Rumoured to be the Korean Ethereum, Icon will launch their platform this month, and considering how their ICO

sale went, this means I’m feeling very bullish on it.

On January 24th Icon will release their mainnet, which is an extremely bullish scenario for the asset.

Mainnet release will have a huge impact on the price, and when their platform goes live there’s a good chance that investors will flock to see what all the fuss is about. As always, use caution with new projects and releases. Avoid

FOMO.

T EC H N ICA L A N A LYS I S

– íris

4 3 2 3 3

TOTAL SCORE

70%

19

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DECENTRALIZED ETHEREUM EXCHANGE

0X

[ZRX]

https://coinmarketcap.com/currencies/0x/

+264%

+12%

354m

0.685

Binance Poloniex Liqui BridgeCoin (BCO) Waves (WAVES) BitShares (BTS) GROWTH PAST 30 DAYS GROWTH

0.00

0.35

0.70 CATC H - U P

BAC KGRO U N D

U P COM I N G E V E N TS

P R EDICT IO N

Last month 0x was allowed to shine again, flying from $.19 to over $.60, reaching a new ATH. With what’s coming for the next year, this could be very well the foundations of a

solid uptrend.

The 0x Project is a decentralized exchange based on the Ethereum protocol. It provides an easily accessible

exchange specifically for Ethereum assets, while at the same time, allowing lossless transactions and high

liquidity.

Surpassing a new ATH above $.60, and with a market cap of less than 300mill, 0x still has a lot of space ahead to run. Wait for consolidation in this area before buying in.

Noticed ZRX is getting more attention lately. Developers are doing really good work. Recent fundamental reviews

indicated 1.50USD base valuations, providing plenty of upside. Below 4k Sat it still is a perfect bargain.

Next quarter 0x will be implementing governance R&D (research and development) and new UI components before launching their platform in the second quarter of

the year.

Events are slowly developing with 0x, and even though it might not look like much until their platform releases, in just the last month the price has gone up more than 3x. If you’re holding the tokens, there are still profits coming your way. If you’re not, use caution until consolidation is

confirmed.

T EC H N ICA L A N A LYS I S

– CryptoManiac

3 3 3 3 3

TOTAL SCORE

71%

18

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DECENTRALIZED EXCHANGE FOR INSTANT CONVERSION OF CRYPTOASSETS AND PAYMENTS

KYBER NETWORK

[KNC]

https://coinmarketcap.com/currencies/kyber-network/

+104%

+26%

317m

2.22

Coinnest Binance Liqui 0x (ZRX) BridgeCoin (BCO) BitShares (BTS) GROWTH PAST 30 DAYS GROWTH

0.0

1.5

3.0 CATC H - U P

BAC KGRO U N D

U P COM I N G E V E N TS

P R EDICT IO N

After their launch in October 2017, after entering Binance and hitting $2.40, it tanked back to the $0.93 area. Recently it’s reached an ATH of over $3. Their platform

Kyber is launching soon.

Kyber is a system that allows the instant exchange and conversion of cryptoassets. It also allows merchants to

receive payments in any token, while also mitigating the risk of price fluctuations in cryptocurrencies with derivatives trading. It is trustless, decentralized and provides high liquidity. The specialized team counts on

advisors like Vitalik Buterin (Ethereum).

Kyber has had a Steady climb from $1 to $3 since mid-November. It had some small dips along the way, which is

healthy. Expect accumulation and spike around mainnet release sometime in Q1.

In my opinion, Kyber is poised to take a large market share of decentralized exchanges. If it does that, then Kyber Network Crystals (KNC) should do very well once people migrate over to its service. Their mainnet is

scheduled to launch Q1 2018.

Kyber Network mainnet will be launched in this first quarter, and it will surely be big news for the platform. It

will allow the trading of ERC20/ETH pairs.

Like almost every other coin with good fundamentals, KNC is rising, but this is compounded by speculative rises due to their platform release in January. The near future

looks extremely bullish for Kyber.

T EC H N ICA L A N A LYS I S

– TheBitcoinBear

3 4 3 2 3

TOTAL SCORE

72%

17

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SOUND PEER-TO-PEER ELECTRONIC CASH

BITCOIN CASH

[BCH]

https://coinmarketcap.com/currencies/bitcoin-cash/

+71%

+442%

41b

2368.81

GDAX Bittrex Bitfinex Bitcoin (BTC) Bitcoin Gold (BCG) Litecoin (LTC) GROWTH PAST 30 DAYS GROWTH

0 1955

3910

PRICE (US$) 3910 1955 0 LOW: 1320 HIGH: 3909 DECEMBER 2017 JAN 1

CATC H - U P

BAC KGRO U N D

U P COM I N G E V E N TS

P R EDICT IO N

Last month Bitcoin Cash was added on Coinbase and Bitstamp. That has bred some controversy regarding newcomers being

confused about which one is the real Bitcoin. Regarding the price, some allege that due to confusion from new investors, BCH has doubled in price on the day it was listed on Coinbase, suffering an immediate flash crash from which it is still recovering.

Never a dull moment with Bitcoin Cash.

Bitcoin Cash was forked out of the need for faster transactions, while keeping the original Bitcoin ideal. Bitcoin Cash supporters claim that the SegWit fork proposed for the Bitcoin blockchain is fundamentally wrong according to Satoshi Nakamoto’s vision of full decentralization. Bitcoin Cash allows users to determine their preferred blocksize, which can be scalable from a minimum of

2MB up to 16MB.

From around $1500, BCH has gone to the moon and back, the height of its parabolic top coming in at over $4000. Currently there’s a somewhat stable support at the

$2500 area.

As controversial as it is, you cannot deny the possibility of BCash seeing similar gains that Bitcoin had over the past

year.

This month BCH will be listed on a new Japanese crypto exchange, will have a meetup in London too, and will

update their address format.

Love it or hate it, BCH is here to stay. There’s little doubt that as the overall market cap for Crypto increases - so too will BCH’s own cap. We predict steady gains for Jan,

providing the general market remains stable.

T EC H N ICA L A N A LYS I S

– Yakherder

3 3 4 3 2

TOTAL SCORE

73%

16

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By CryptoTutor

HI, I’M CRYPTOTUTOR, @CryptoTutor ON TWITTER AND THE OWNER OF THE YOUNG

PROFES-SIONALS TRADING COMMUNITY. OUR FOCUS IS INFORMATION-SHARING,

BOT-DEVELOP-MENT AND STRATEGY MANAGEBOT-DEVELOP-MENT. MY GOAL IS TO REVOLUTIONISE THE FLOW OF

INFOR-MATION ON CRYPTOCURRENCY MARKETS (I.E. BITTREX ALT/BTC PAIRS) BY LETTING MY TEAM

DEVELOP BOTS (SRSI TOOL, CHART/CANDLE PATTERN RECOGNITION & MORE). GROUP

AD-MISSIONS GO BY DM ON TWITTER.

1. History

The Ichimoku cloud is also

known as the Ichimoku

Kinko Hyo, which means

“one glance equilibrium

chart”. This technical analysis

indicator was created by the

Japanese journalist Goichi

Hosoda. In the market of

cryptocurrency, you’ll see

that many professional traders

use this indicator (not all use

all the functions of it, but I’m

pretty sure they know all the

functions).

2. The configuration

of the Ichimoku cloud

system

Under the assumption that you use

Tradingview.com, the cloud system asks for 4 inputs. The conversion line periods, the base line periods, the lagging span 2 periods and displacement.

Conversion line periods:

The conversion line is known as the ‘Tenkan-sen’ and represents the average of the HIGH and LOW in the previous periods. So, actually it is comparable with how the exponential moving average works. It calculates for every candle the previous periods the HIGH and LOW and draws a line through the

points. When conﬁ guring this Ichimoku cloud, Tradingview will ask you for the conversion line periods. On which periods do you want

L E S S O N

3

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the Tenkan-sen to calculate the average? Later on, we’ll discuss which settings are in our eyes the best. The color of this line is standard blue, however, you can change the color under style.

The base line periods:

The base line is known as the ‘Kijun Sen’ and works exactly the same as the conversion line. Standardly, the color of this line is red. The only difference is the input of PERIODS. The idea behind this line is that it is calculated based on a higher number of periods. For example, the conversion line periods could be 9 and the base line periods could be 26.

Just like the moving average, when the previous average of the lower periods (conversion line) crosses one of the higher periods (base line) upwards, the trend has already turned bullish on that timeframe. This is what we call a TK-cross (Tenkan line crosses the Kijun line upwards). And if the higher periods line (base line) crosses the one of the lower period (conversion line) the trend has already turned bearish. Help! I cannot remember which one is the higher periods and which one is the lower periods. To solve this problem, you can change the colours (under tab styles) to for example a darker line for the higher periods and a lighter colour for the lower periods. For example green and lime.

The lagging span 2 periods:

The lagging span is known as the ‘Senkou span’ and indicates the red/green cloud, which everybody knows as the ‘Ichimoku cloud’. This cloud has two boundaries, the Senkou span A and Senkou span B. The Senkou Span A line is the average of the conversion line and the base line plotted the given periods into the future. The Senkou Span B line is the average of a given periods HIGH and LOW. This one is also plotted in the future. The Senkou Span B is most of the times based on a higher number of periods.

Displacement line:

The displacement line is known as the ‘Chikou line’. The Chickou span is a lagging span and will be behind the prices. It

represents the most recent price but by a given period behind the current price level. This span helps to understand how the trend has changed; how much further it is away from the candles, and how much stronger the trend is. This indicator can also indicate resistance and support points.

Settings:

In the stock market, where markets are not 24/7 available, the settings should be: (18, 52, 104, 26). In Cryptocurrency markets where the markets are 24/7 available, the settings should be: (20, 60, 120, 30).

3. Trading signals

• When the price level is above the

cloud it means a bullish trend,

under it a bearish trend.

• When the cloud color changes it

means a change in trend (green is

bullish, red is bearish).

• When the price moves above the

base line the momentum is bullish,

under it the momentum is bearish.

• When the conversion line

(Tenkan-sen line) moves above the base

line (Kijun sen), the momentum is

bullish, under it the momentum is

bearish.

• When the lagging span is above

the price & cloud it is bullish,

under it means bearish.

I could go on and on, but I’ll leave the details for another lesson with Cryptotutor. We have seen that this Ichimoku indicator is really strong and comprehensive. It is an all-in-one indicator, so learning the details of it could be a really strong improvement of your knowledge and ability to use indicators.

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DECENTRALIZED AUTONOMOUS ORGANIZATION PLATFORM

WINGS

[WINGS]

https://coinmarketcap.com/currencies/wings/

+142% +103%

104m

1.21

BittrexLiqui HitBTC EquiTrader (EQT) Augur (REP) Gnosis (GNO) GROWTH PAST 30 DAYS GROWTH

0.00

0.75

1.50 CATC H - U P

BAC KGRO U N D

U P COM I N G E V E N TS

P R EDICT IO N

This past month Wings has been listed on Binance with the pairs WINGS/BTC and WINGS/ETH. In the past few weeks has climbed from $.35 to over a dollar, for a very

impressive 3x.

Wings is a platform for companies and entrepreneurs to submit their ideas for community consensus attached to prediction markets. It means that people have the ability to predict how

much a certain project or idea evolves over time in terms of adoption rate, how much it will gather in investments, etc. They

aim to ‘identify and promote high-value proposals that have higher chances of positive financial returns’.

After a dip at the start of December, Wings climbed to over $1.20. It’s had steadier growth than a lot of altcoins during this period, with no major dips. This could be a sign

of continued steady growth during Jan.

An easy to use platform where users can create, support, and invest in Decentralized Autonomous Organizations

without any specific coding knowledge. Its growing popularity makes it an ideal investment.

In early 2018 Wings will release version 2.0 of their smart contracts and chat bots, including their standalone

client.

Wings has shown steady growth during December, and this coupled with the growing public opinion that it’s a solid but undervalued project will probably mean larger

gains coming soon. For now, whether this happens in January is up for debate.

T EC H N ICA L A N A LYS I S

– Yakherder

3 3 4 2 3

TOTAL SCORE

74%

15

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A COMMUNITY BUILT CRYPTO - BY PEOPLE, FOR PEOPLE

PIRL

[PIRL]

https://coinmarketcap.com/currencies/pirl/

+144%

+1009%

9.4m

1.27

Cryptopia Syscoin (SYS) Ellaism (ELLA) BitBay (BAY) GROWTH PAST 30 DAYS GROWTH

0.0

0.8

1.6 CATC H - U P

BAC KGRO U N D

U P COM I N G E V E N TS

P R EDICT IO N

Pirl was launched at the end of October at the price of $0.11. Since then it has started a slow growth cycle, going

up the ladder until a recent ATH of $2.23 (not shown on the daily chart), over 20x its starting price.

Pirl is an asset of its own. It’s a masternode based cryptoasset that is ASIC-resistant (resistant to relying on heavy machinery, allowing retail miners to mine as

well). Pirl was inspired by Ethereum to build their own smart contract environment as well. A decentralized

marketplace is also in the works.

Pirl has formed a steady uptrend and is now looking for volume before the next leg up. It may gather fuel for a

new ATH in the first or second week of January.

Similar to ELLA, one of my picks last month, but with masternodes. No premine, but the dev gets 1 out of every

12 PIRL mined. So far things are looking good. I’ve mined some and I’ll just hold on to it and see where it goes.

They are currently working on their Windows and Mac wallets, as well working with exchanges on their listing. Masternodes are still halfway functional. They also count

on the community to guide them on functionalities that will be necessary in the future.

If the new exchange announcements occur in January, then the price will certainly reflect that. With such a low cap it’s hard to imagine any way but up from here. One

to watch closely, and to BTFD.

T EC H N ICA L A N A LYS I S

– Crypto Bull

3 3 4 3 2

TOTAL SCORE

75%

14

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SCALABILITY, PRIVACY AND INTEROPERABILITY

AION

[AION]

https://coinmarketcap.com/currencies/aion/

+176% +673%

299m

5.08

DecentrexEtherDelta Ark (ARK) Wanchain (WAN) Blocknet (BLOCK) GROWTH PAST 30 DAYS GROWTH

0.00

2.85

5.70 CATC H - U P

BAC KGRO U N D

U P COM I N G E V E N TS

P R EDICT IO N

After a lifetime of slow growth, August has seen Aion has expanded not only in market cap, but also as a business. They’ve arranged partnerships with Wanchain (who have yet to release their platform), Bancor, and Icon, to build

bridges between different blockchains and assure the security of all transacted data.

Aion was designed to support custom blockchains and act as a bridge between them, allowing trustless cross-chain interoperability, meaning that you can interact with different blockchains through Aion. Aion-1 is their first public, dedicated blockchain. Aion’s team have strong figures such

as Alexandra Roatis, Ali Sharif, and Anakha Palissery.

Aion is still only available in EtherDelta, which is extremely volatile and doesn’t have much volume. However, the demand is there. As with all good projects, in December

Aion has also joined the bull run party and is set to achieve loftier heights. Scale your entries and don’t

FOMO!

[AION] is a 3rd generation blockchain that will have exponential gains over the next few months. Over 91% of the circulating tokens are locked up in the TRS, which

means once more news and updates are out the price will spike.

This month Aion will be attending the Blockchain Conference in Miami, Florida. At the beginning of this coming year Aion has also scheduled a virtual machine,

a token bridge and interchain communication, and a modified proof-of-work consensus algorithm.

Aion has a lot of room to grow, offers a great concept backed by a strong team, and looks good on the charts. With more marketing and awareness-building, this coin is primed for some great potential gains in the near future.

T EC H N ICA L A N A LYS I S

– CryptoGat

3 4 4 3 2

TOTAL SCORE

78%

13

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SCALABLE BLOCKCHAIN PLATFORM

ARDOR

[ARDR]

https://coinmarketcap.com/currencies/ardor/

+413% +823%

1.55b

1.54

PoloniexBittrex HitBTC Ark (ARK) Ethereum (ETH) Neo (NEO) GROWTH PAST 30 DAYS GROWTH

0.0

0.9

1.8 CATC H - U P

BAC KGRO U N D

U P COM I N G E V E N TS

P R EDICT IO N

In December, Ardor’s genesis snapshot was recorded, setting up preparations to make its blockchain fully

operational. Price wise, Ardor has gone from an astounding $0.35 to an ATH of $1.73, an increase of 500%.

Ardor was built as a child-chain platform to Nxt (NXT). It aims to scale technologies that were built for the last 12 years on Nxt’s blockchain. This means that everyone can

easily create their own child-chain that interacts with the whole Nxt blockchain ecosystem. A use case for this is to allow the chain where you store your information to interact with the chain that stores your medical records.

For quite a few months Ardr has maintained its level in the $.12 area. It has kickstarted to a parabolic at the beginning of December, hitting an ATH of $1.60. It will very likely experience a correction after its platform release on

January 1st.

Ardr will have its platform launched soon. This, coupled with the high attention nxt had been getting of late is surely a sign of good things to come. After the correction

we may see the beginning of an uptrend.

They will be releasing their new platform at the beginning of January, which is highly expected this month in the

crypto community in general.

Many experts believe this asset is still undervalued, making it possible that this parabolic is only the beginning

of a much bigger trend. For now though, wait for a large dip before making an entry. What goes up must usually

come down.

T EC H N ICA L A N A LYS I S

– V

3 4 3 3 3

TOTAL SCORE

80%

12

(17)

BROWSE, CHAT, AND MAKE PAYMENTS ON THE ETHEREUM PLATFORM

STATUS

[SNT]

https://coinmarketcap.com/currencies/status/

+218% +464%

579m

0.156

BinanceBittrex Huobi Obsidian (ODS) investFeed (IFT) Steem (STEEM) GROWTH PAST 30 DAYS GROWTH

0.000

0.105

0.210 CATC H - U P

BAC KGRO U N D

U P COM I N G E V E N TS

P R EDICT IO N

Last month Status joined the Ethereum Alliance, the world’s largest open-source blockchain initiative. Its price has soared 5x to over $0.20/token, coming back down to

the $.16 area.

Status is a tool where you can safely store your Ether and ERC20 tokens, a browsing tool to find and use Ethereum dApps as well as also listing your own. You can also trade Ether and its tokens directly with other users. It comes with a fully decentralized and encrypted messaging system

too.

Like all good cryptoassets this month, Status had its moment. It’s now found a support at $.15. The trend looks

bullish, but wait for confirmation of an uptrend, and as always: BTFD.

This sleeping giant (not to mention it has already QUITE awakened) has things cooking. Maybe not January, but

the first quarter of 2018 should be interesting.

Their roadmap is unclear about the near future, but their FAQ lays bare their long-term plans: a decentralized messaging system, a social network with hashtags, dApp

directory (akin to Play Store or App Store, for example), research tools, and more.

SNT had a meteoric rise this month. It’s still relatively new to the Crypto world, but it making a solid name for itself. There could be a giant cup-and-handle forming, and this coupled with the Ethereum Alliance news points to great things ahead. Jan could be another excellent month for

Status.

T EC H N ICA L A N A LYS I S

– CryptoChief

4 4 4 3 2

TOTAL SCORE

81%

11

(18)

W

ith a plethora of copycats and an increasingly saturated ICO market - determining the difference between a good project and a get-rich-quick scheme becomes increasingly challenging. However, this month one project stood out so much so that it completely obliterated that blurry line, making this months’ ICO recommendation a no-brainer.

This project is STK, a global payments network developed for instantaneous cryptocurrency transactions. For most of you, your immediate response will probably look something like, “Isn’t that an incredibly competitive space,” and “isn’t that supposed to be the purpose of cryptocurrency in the ﬁ rst place?” And the answers to those questions are yes, and partially yes. So why is STK the best ICO of January? Because it proposes a new-aged solution to a long-time problem in a viable and attainable way – with a real plan!

Last week, I went into the dry cleaners and pulled out my American Express card to pay. The woman sitting behind the desk told me they don’t take that here and naturally, as a man of crypto, I asked why. She told me simply, “the transaction costs are too high, the fees make it unfeasible for our business because we charge such low amounts.” That is largely the problem which cryptocurrency set out to solve, allowing for an instant and lossless exchange of value. However, there are a variety of issues preventing mainstream vendors from accepting cryptocurrency.

First, bitcoin transactions take 10 minutes or more to confi rm these days, and that number will only increase as network traffi c continues to grow. Second, Ethereum transactions take a good half-a-minute or more even on a good day, which is still too slow. Imagine waiting that long at the checkout line for the transaction to clear – the loss in effi ciency would cost companies millions over time. Finally, existing point-of-sale systems do not have built-in mechanisms for accepting cryptocurrency. The business owner would have to either adapt to a new (currently non-existent) point-of-sale system or ask customers to transact directly between private wallets – which would be as bizarre as it sounds.

Cryptocurrency solves so many issues that could help business owners increase margins all across the world. There must be a way to integrate this new half-a-trillion-dollar plus technology into mainstream systems, must there not?

Well, there is, and it is called STK - the best proposed solution for mainstream point-of-sale cryptocurrency transacting yet. They have partnered with nearly every major PoS systems company in the world today - reaching a total of ~39 million merchants.

STK proposes an intriguing concept, it is a totally new way of leveraging blockchain payment channels to create truly lossless and truly instant payments. The STK token promises instantaneous payment veriﬁ cation and will do so by immediately settling cryptocurrency transactions through the STACK payment channel. The STACK channel transfers the denominated amount of funds from their liquidity pool and connects to the existing PoS systems’ payment terminal, automatically sending the merchant the equivalent value of the STK tokens sent, and converts it into the native ﬁ at currency of wherever you happen to be shopping.

Obviously, there is competition in this space. TenX has the COMIT network which proposes a very similar concept for leveraging payment channels. They are undeniably further along in development and they also have the physical “crypto” debit cards released already. I myself was an early investor in TenX, the project is solid, and I am not going to try and simply tell you that “STK is better!” – because, to quote Steve Jobs, “Don’t think better, think different.”

And that’s exactly what STK is doing. They are thinking different. STK is thinking different in the same sense as Jobs’ when he founded Apple computer, initially competing with hundreds of other personal computer companies that he would ultimately beat out.

Before I ﬁ nish telling you exactly why STK is such a promising ICO,

we must also consider the Metal project. With a market cap of over $200M, and a steady development team, Metal is certainly worth noting as well. They also propose a “tap-to-pay” B2C rewards systems, similar to STK, but with less emphasis on mainstream merchant adaptation. TenX and Metal are

strong projects, both competing for the same general market, but STK does things different enough to make itself a viable contender in this multi-billion-dollar industry. Oh, suppose I should mention them, Monaco and TokenCard do technically exist as well, though I hardly consider them contenders, to be honest.

The most powerful feature of the STACK wallet is its availability as a mobile app which helps to make online or POS transactions on the go. It is very useful for business people or individuals who travel a lot. Through the STACK payment channel, STK can transact in real-time,

making instantaneous zero-cost crypto transactions a thing of reality – to both consumers and merchants.

STK “tap-to-purchase” connects with existing payment rails through participating merchants’ PoS systems, immediately withdrawing the designated amount from the STACK liquidity pool into the areas’ native currency and then ﬁ nally, into the merchants account. With availability at more than 39 million locations worldwide, STK is usable virtually anywhere. Notably, STK is actually accessible at 3 million more locations than is TenX.

Needless to say, STK has a powerful team behind the project. With backgrounds in payment processing, two former high-level employees at MasterCard, strong development, marketing, and community management teams, this project will prove to be a real contender in the space. STK has powerful and innovative technology, but so do their competitors.

What truly separates STK and makes it worthwhile investment is not their focus on being technologically superior, though that is part of it, the real reason it is great is due to their focus on what matters most: the users. STK has explicitly made clear of their focus on user experience, simplifying interface, and ultimately making the platform more desirable and easily accessible for the end-user.

If you check out STK’s website, you will see just how much these guys know how to make a damn good user experience - their design and interface is absolutely ﬂ awless. So why did I bring up Steve Jobs earlier? Because, personal computers all generally served the same functions in ever-so-slightly different ways, but it was Jobs’ focus on creating an unparalleled user experience that led Apple to the huge success it is today.

STK is strong technically and they also have a special emphasis on what truly matters in the long-run – the users. STK is putting a hard cap on their crowdsale at just $17,000,000, valuing the project very low in relation to other projects of such valor in today’s oversaturated ICO market. The public sale begins Jan. 31st and I highly recommend watching this project. You won’t regret it.

I made my fi rst investment in Ethereum at age 17 and ran a reverse arbitrage service for half-a-year to earn enough money to start a cryptocurrency-based hedge fund. At 19, I fi nally launched the fund and diversifi ed into more than two dozen ICOs over the fi rst year. I sold my car at age 20 to invest more money into Waves and Golem. Today, I continue managing that fund and work as a consultant and adviser to several cryptocurrency-based startups.

BIO

JOE’S ICOs

This Month

STK PLATFORM

“STK can transact in

real-time, making

instantaneous

zero-cost crypto

transactions a thing

of reality”

Twitter: @CryptoRidy

(19)

(20)

MISSNATOSHI’S CORNER

by Missnatoshi

Just a

👸

BTFD

Twitter & Insta:

@missnatoshi

Gem

- When you ﬁ nd a coin that

no one knows about yet and you start

accumulating it. Otherwise known as

a “hidden gem”.

Bag - A classiﬁ cation for your “bags”

of coin holdings.

Bag holding

- When you buy a

coin hoping it would become the new

Bitcoin. Only to ﬁ nd that the price is

going down and you are left holding

your coin bags, praying to break even

one day.

Shill

- When you buy a coin and

then promote or talk about it to your

friends, telegram group chats or on

social media.

Moon

- When a coin goes

parabolic very quickly (the green

candle rockets up to the moon). Can

also be written “mewn”.

Satoshi

- 1/100,000,000 of a Bitcoin,

and the name used by the unknown

person who created Bitcoin.

MilliBit

- 1/1000th of a Bitcoin

Mex

- Bitmex a 0 sum game where

you can leverage trade with 100x

leverage.

Rekt

- Another way of saying get

“wrecked”. The term comes from the

gaming community. In crypto people

say REKT when someone lost money.

Example: liquidated on Bitmex

Hodl

- Otherwise known as HODL!

A comment that went viral from a

bitcoin talk post. The concept being

that if you just ‘hold’ your coins

instead of trading or selling, you will

make gains.

The other day I got a message from

a friend that said “Natasha, its like

you speak a different language, I

have to google every word you say

to fi nd the Crypto to English

trans-lation.” It made me laugh because,

well, he was right. On twitter we

must sound like we’re from another

planet. With that in mind, I decided

to write a little Cryptoslang

dic-tionary to have some fun and help

everyone who is still confused out.

Lets get started!

(21)

Dox

- When someone publishes

private information about you on the

internet.

Whale

- Someone who has a very

large amount of any given coin’s

supply.

Sleeping Giant

- When you

know a coin or project is good but it

hasn’t had its moment to shine yet.

Lambo

- (Lamborghini) - The

ultimate crypto dream car that

everyone wants to get when they

have ‘made it’.

Corn

- Bitcoin or Bitcorn, the most

organic type of coin.

Normies

- What people in

crypto call people who don’t do or

like Crypto. Some have a strange

obsession with comparing Bitcoin to

Tulips.

Noob

- A person who is

inexperienced in a particular sphere

or activity, especially computing or

the use of the Internet.

BTFD

- Buy the f“ing dip! Buy a low

point on a coin’s chart, in the hopes it

has a good chance of rising.

Bullish/Bearish

- Characterized

by rising/falling prices, or an optimistic/

pessimistic outlook on a Crypto.

Perma Bull

- Someone who is

always bullish (optimistic) on Crypto

or Bitcoin.

Ref Link

- The link to an exchange

that you can share to get commission

from your referral.

Scam

- A Crypto that is sketchy or

a Ponzi scheme. Most likely will pull an

exit scam at some point in time and

take everyone’s money.

Rig

- A GPU or other style of mining

device that cranks out shares of

digital assets by hashing metadata

from the most recent block.

ATH

- “All-time-high”, the highest

ever recorded price for whatever

metric is being used to analyse a coin.

E.g. ‘Bitcoin’s ATH was $20,000. It’s now

trading at $12,000.’ The reverse would

be “all-time-low”.

Bubble

- When market participants

drive the price of an asset up above

its plausible value.

ICO

- ‘Initial Coin Offering’ or

token sale that companies use to

crowdsource funds for when a project

launches.

Hard Fork

- A hard fork is a

change to the Bitcoin protocol that

makes previously invalid blocks/

transactions valid, and therefore

requires all users to upgrade.

So good luck you there you perma bulls! Remember to BTFD

and hodl onto your hidden gems. Always shill your ref links

and bags to your friends. Be sure to keep some satoshi’s or

corn on hand just in case you need to grab a Lambo for your

trip to the moon. Watch out for whales and oh, most

impor-tantly, try not to get rekt!

(22)

RETAIL MINER-FRIENDLY SMART CONTRACT PLATFORM

LUXCOIN

[LUX]

https://coinmarketcap.com/currencies/luxcoin/

+600%

N/A

6.7m

10.44

Cryptopia Groestlcoin (GRS) Pirl (PIRL) Ellaism (ELLA) GROWTH PAST 30 DAYS GROWTH

0.0

7.5

15.0 CATC H - U P

BAC KGRO U N D

U P COM I N G E V E N TS

P R EDICT IO N

Last month LUX’s team has made certain announcements regarding their team, website release, rebranding, upcoming partnership, and more. As a recent coin, it also took off to new heights, at an ATH of over $16, that’s over

a 10x increase for you!

LuxCoin claims to have the most efficient GPU (graphics card) mining algorithm, and is also ASIC (application-specific integrated circuit) resistant,

meaning that miners don’t need heavy duty machines to mine LUX. It also has SegWit implementation, which is a protocol that segregates part of the information in a transaction to make transactions smaller and faster. Smart contracts are also employed. Wealthier users can run masternodes and access a hybrid POW/POS algorithm. All-in-all, a very tempting asset to

miners and investors for its profitability and potential.

LUX made a killing right from its introduction to the cryptoassets world starting at the end of October. It reached its ATH at the beginning of December and has

since then found a somewhat steady ground between the $4.50 and $6 area. It’s forming a cup and handle pattern, but we need to wait for confirmation in January.

[LUX] is one of the most undervalued coins out there. In the next few weeks they are implementing segwit, smart contracts, and upgrading the wallet. Additionally there

are talks of a coinburn.

In this quarter LuxCoin seeks to activate stealth addresses, and implement public and private parallel masternodes

through their LuxGate platform.

If cup and handle confirms, this means we will very likely experience another all-time-high, depending on how the

general market fairs next month. If this coin gets more mainstream awareness then a strong uptrend could form.

T EC H N ICA L A N A LYS I S

– CryptoGat

3 4 4 4 2

TOTAL SCORE

82%

10

(23)

DECENTRALIZED BLOCKCHAIN SOLUTIONS

STRATIS

[STRAT]

https://coinmarketcap.com/currencies/stratis/

+144% +190%

1.3b

13

PoloniexBittrex Binance Ethereum (ETH) Lisk (LSK) Neo (NEO) GROWTH PAST 30 DAYS GROWTH

0

8

16 CATC H - U P

BAC KGRO U N D

U P COM I N G E V E N TS

P R EDICT IO N

Last month Stratis launched their Breeze wallet and their ICO Platform. This bode very well for Stratis and has given

the platform enough fuel to reach a new dollar ATH at the $14 level.

Stratis is a smart contract platform, and can be used by customers to build their own blockchain applications based on the open-source code. This gives freedom for certain use cases such as scientific study, transparency,

product tracking, data recording of IoT (internet of things), and identity management.

Starting this month kicking in on $5~, STRAT has rocketed to way above $12, granting almost 200% returns. With its incredible FA, this could very well be the new support

level.

ICO platform launch and announcement of two ICOs in January.

On Q1 2018 we can expect the launching of Stratis Academy and Stratis’ alpha version of their Smart

Contracts.

Q1 2018 is looking very promising, and we’ll almost certainly see a new ATH in the next few months. Stratis goes from strength to strength, and the breeze privacy wallet coupled with the fact that it’s a smart contract

platform mean that it’s primed for success.

T EC H N ICA L A N A LYS I S

– CryptoTutor

4 4 3 2 4

TOTAL SCORE

84%

09

(24)

THE ORIGINAL CRYPTOCURRENCY

BITCOIN

[BTC]

https://coinmarketcap.com/currencies/bitcoin/

+28%

+212%

221b

13034.6

BitfinexGDAX Kraken Bitcoin Cash (BCH) Litecoin (LTC) GROWTH PAST 30 DAYS GROWTH

0 9738

19476

PRICE (US$) 19480 9740 0 LOW: 10198.6 HIGH: 19475.8 DECEMBER 2017 JAN 1

CATC H - U P

BAC KGRO U N D

U P COM I N G E V E N TS

P R EDICT IO N

December was a crazy month for Bitcoin. Getting more and more mainstream by the day, everyone wants it. At the

start of Dec it was at the magical $10K, and since then it skyrocketed up, touching an unbelievable 20K at one point. It’s now corrected to around 14K. CBOE and CME futures also

launched, the latter being a surprising non-event, leading to a small dip then an immediate recovery.

Born after the housing market crash in 2008, Bitcoin was created out of the need to make a decentralized currency that is not pegged to government-issued money. Its creator, Satoshi Nakamoto, is a total mystery to everyone. This person (or group of people) stays in the shadows and removes the focus from being a person with a political stance, to an entity

who has revolutionised our world forever.

Bitcoin keeps trying to push to its ATH, with some sideways movement that’s serving as fuel before it may take off once again. The start of 2018 will decide when the next

short bear market will come, so stay on the lookout for reversals if you’re trading short-term.

I’m still ultra-bullish towards bitcoin FA and TA speaking. With futures being here, it’s only the beginning of a

brighter 2018 ahead of us.

This month there will be a few events around blockchain tech like the Blockchain Conference in Miami, and Blockchain Cruise in Malaysia, Singapore, and Thailand.

Balancing the fact that Bitcoin’s due a short bear trend with the fact that people keep buying it regardless is an absolute nightmare. Whatever happens, it’s unlikely there will be a dip that lasts any significant amount of time, and of course we all know where Bitcoin will be in a few years.

Perhaps Jan will see $25k.

T EC H N ICA L A N A LYS I S

– CryptoChief

4 4 3 2 4

TOTAL SCORE

85%

08

(25)

PRIVATE INSTANTLY VERIFIED TRANSACTIONS

PIVX

[PIVX]

https://coinmarketcap.com/currencies/pivx/

+149% +209%

529m

9.45

CryptopiaBittrex CoinExchange ZCash (ZEC) ZClassic (ZCL) Monero (XMR) GROWTH PAST 30 DAYS GROWTH

0.0

6.5

13.0 CATC H - U P

BAC KGRO U N D

U P COM I N G E V E N TS

P R EDICT IO N

PIVX is one of the most active coins in the crypto space. Last month they managed to more than double the value

of their market cap, taking the coin from $4 to $11. Coins with good fundamentals can only have a bright future,

and PIVX is one of them.

PIVX is based on Bitcoin, with a focus on decentralization, privacy, and real use cases. Simply speaking, PIVX is a

form of private and trustless digital cash that can be exchanged, hiding transactions and their end users. It’s

a currency instead of a token, which means it has the future capability to be used directly to buy other assets.

PIVX has had a healthy climb this month from $4 and $13. With a steady 3x increase, it’s now had a week’s consolidation at around $11. This could be new support

for a higher push which may come soon.

After a year of consolidation since its meteoric rise in March 2017, PIVX has accomplished a lot. This includes

the release of world’s first PoS+Masternodes+Zerocoin stack. Plenty of room for growth is an understatement.

In the next few months PIVX is seeking to implement multi-sig addresses, elastic block sizes and an encrypted chat

system right in your wallet.

Pivx is one of the most advanced privacy coins, with a great public opinion, and a strong team. The market cap is small compared to its competition, so the only way from here is up. It performed better than many other alts in

Dec, so Jan could be much the same.

T EC H N ICA L A N A LYS I S

– Florian

4 4 3 2 4

TOTAL SCORE

87%

07

(26)

SMART ECONOMY PLATFORM

NEO

[NEO]

https://coinmarketcap.com/currencies/neo/

+119% +152%

4.76b

72.06

BitfinexBittrex Binance Ethereum (ETH) Stratis (STRAT) Lisk (LSK) GROWTH PAST 30 DAYS GROWTH

0.0

36.5

73.0

PRICE (US$) 78 39 0 LOW: 31.89 HIGH: 77.19 DECEMBER 2017 JAN1

CATC H - U P

BAC KGRO U N D

U P COM I N G E V E N TS

P R EDICT IO N

Neo had such a busy schedule in December that it almost made our heads spin. Between their competition of CoX nodes on their mainnet, conferences, events, listings and the announcement of dApp competition winners, Neo

has more than doubled in price. What a journey!

Formerly known as Antshares, Neo is China’s first official Blockchain project. Headed by Da Hongfei, its goal is to create a smart contract digital asset platform. Neo’s one of the public favourites as its price soared from $1 to highs

of over $60 after its infamous rebrand.

The charts are bullish, with an uptrend forming after an organic and steady growth phase. If fractals are to be

believed, NEO is due a large rise very soon.

With Ethereum flirting with $1000, Neo seems like a good large cap pick. Lots of action on platform and giant in

APAC. And China fud all but forgotten.

This month Neo will have several meetups throughout Europe, such as in Dublin, Hamburg, Amsterdam, and London. They’ll also be opening a new dApp competition

that will run until February 25th.

Neo’s a coin we all love to love. The public support coupled with the extremely strong team, fundamental concept, and active development, mean that the future

quite literally always looks bright for Neo.

T EC H N ICA L A N A LYS I S

– CryptoBully

3 4 4 4 3

TOTAL SCORE

89%

06

(27)

CoIn iN

ThE

KyBeR NeTwOrK CrYsTaLs (KnC)

By

ThEbItCoInBeAr

Spotlight

(28)

I

want to start off by reminding all of the readers that I am not perfect. Although I try my best to ﬁ nd undervalued (or what I perceive to be undervalued) projects, I don’t always hit the mark!

Do not assume that you will make a positive return by investing in the coin I am about to write about. Also realize that past performance is not indicative of future success. Additionally, I have a vested interest in the success of the below coin as I have already invested into it with an intention to hold it for quite some time. Finally, I am not a fi nancial advisor, and nothing I write here is fi nancial advice. I am writing about my research and fi ndings of Kyber Network Crystals (KNC), and anything stated here is only based on what I found online, any error in accuracy is not intentional.

KNC is currently listed on Binance and if you have not signed up already, please use my reference link: https://www.binance.com/?ref=11629636 .

First, I will go over what piqued my interest in Kyber. Then, I will go over the basics of Kyber itself. Afterwards, I will detail what sets Kyber apart from other exchanges. I will also talk about the futures market that Kyber will introduce and end will some ﬁ nal remarks.

One of the main reasons that Kyber ﬁ rst caught my eye is because it was the last project that Vitalik Buterin (one of the founders, and basically the face of Ethereum) openly advised. The project that Buterin had supported immediately prior to KNC was OmiseGo, which turned out to be one of my favorite tokens as well. Therefore, I was admittedly over-excited as I began to dig into Kyber in order to ﬁ nd out why Buterin supported it.

On a related note, something else that got me excited about Kyber personally was all of the major hype leading up to the successful ICO, followed by the extreme disappointment of investors as the price slipped closer and closer to the ICO price.

The reason why this excited me was because it made me feel as if people were narrowly focused on the hype and speculation of the project due to Buterin backing it, instead of looking at the fundamentals of the

project itself. Once the hype

surrounding Buterin died down, the price of KNC quickly slipped to 10,000 satoshis and lower. Even now the price of KNC is less than half of what it was immediately following its ICO (in terms of satoshis). This in and of itself is not a good reason to buy something, but I am

emphasizing how the price seemed to be driven by the presence of Vitalik Buterin and not by the

fundamentals of the project. To me, this signalled that Kyber could potentially be undervalued if the fundamentals were strong, because it seemed as if most people did not bother to look too deep into the project itself.

Kyber will be a

decentralized exchange in which users will be able to buy and sell cryptocurrencies. In the Kyber Network there are 5 separate roles actors can partake in: Users, Reservers, Reserve Contributors, Reserve Managers, and

KyberNetwork Operators. Users will be people like me and you who want to trade cryptocurrencies on the exchange.

Reserves will be the entity(ies) that provide liquidity for the platform (by holding the reserves of crypto assets). Reserve contributors will be actors who contribute assets / money to the reserves and take a share in the profi ts (further increase liquidity). Reserve managers are the actors who will control the exchange rates in reserves. And fi nally the KyberNetwork Operators will be the ones who maintain the network by listing/delisting token pairs. At fi rst this will only be KyberNetwork employees, but will eventually be transitioned into a decentralized model.

There are a couple of unique features to Kyber which sets it apart from other exchanges in a positive way. One of the main differentiating factors is the way Kyber will exchange token A (payment) for token B (desired) for an individual user. Kyber will look through all of the reserves to