The market is currently attempting to stabilize after going through a significant loss of value as the prolonged bear run shows few signs of ending. However, development work continues to progress and the following week’s projects are set to benefit from a number of developments and launches that should result in an increased amount of attention, and strengthen their position during the current downturn.

Quarkchain (QKC)

QuarkChain is a high-throughput blockchain that aims to achieve millions of transactions per second (TPS). The project consists of two layers of blockchains, and the first applies elastic sharding blockchains (shards), while the second layer is comprised of a root blockchain that confirms the blocks from the shards.

Why Quarkchain?

QuarkChain was one of the most highly anticipated projects of this year and recorded significant returns when it first hit the market. The team have announced that their Testnet v2. is ready to launch around December 02 and the upgrade will result in the opening of accounting and verification functions to their community. In addition, QuarkChain’s two-layer structure, and the core algorithm of distributing network computing power-Boson algorithm, will be verified in the Testnet 2.0. The team have also launched a mining award and users who participate in testnet mining and obtain the test tokens (tQKC) can convert them to the mainnet QKC tokens after the mainnet launch.

Waves (WAVES)

Waves is a cryptocurrency platform that aims to facilitate the trading of digital assets of all kinds as well as real-world commodities. The project was created by Russian physicist, Sasha Ivanov, and allows anyone to create their own custom token and trade it on the Waves platform.

Why Waves?

The Waves team continue to develop the platform and after recently launching Smart Contracts on their platform and releasing a new Waves client, they have announced that the Waves mobile app will also launch this week. The app will allow users to interact with the Waves DEX from their mobile devices and store a variety on cryptocurrencies within the compatible mobile wallet.

Crypto.com (MCO)

Headquartered in Hong Kong, Crypto.com is a pioneering payments and cryptocurrency platform that aims to accelerate the world’s transition to cryptocurrency and simplify peoples’ ability to spend cryptocurrencies. The project allows users to spend cryptos via a debit card and the MCO token also trades on many global exchanges.

Why Crypto.com?

The team have announced the CRO token airdrop for MCO token holders and for every 1000 MCO held at December 7th, 2018 at 8am UTC in the Crypto.com Wallet & Card App, eligible users will receive 5276 CRO tokens. Over the next 5 years, 60 monthly CRO airdrops to MCO token holders will take place, and the CRO token began trading on November 21 2018 on the Digifinex Exchange.