As the current Bitcoin fork develops, many investors will have the choice to invest their profits into other cryptocurrencies. Many will chose to enter top coins such as NEO, and Ethereum, which have built a reputation among the crypto community. Although this might be a bright notion, investors should additionally keep an eye out for undervalued coins.

With a market cap of $45 million, and total circulating supply of 75 million coins, Asch (XAS) is amongst the most undervalued coins today.

What is Asch?

Asch is a Beijing based decentralized application platform, it aims to provide developers a series of SDK and API to create decentralized applications. Developers will build, publish, distribute, and monetize JavaScript and side-chain technology applications on the Asch Platform.

Asch will use their unique cryptocurrency coin XAS in order to run the decentralized platform. XAS will interface with decentralized applications (DAPP) using a "two-way peg" mechanism. Developers will have the option to deploy blockchain applications on the Asch main wallet application store for users to download on demand.

Exposure

Asch is currently in the shadows due to the Chinese cryptocurrency ban, which resulted in many exchanges' terminations. These actions drastically impacted Asch as it was only tradable in foreign exchanges. Asch is now tradable in Bit-Z, with a volume of $228 thousand.

With the lack of Chinese exchanges after the ban, Asch has been looking to expand into western markets. According to their team, KuCoin, an upcoming exchange will include XAS this November 2nd. This addition to KuCoin will allow investors to track XAS through their mobile phone with the use of Blockfolio application.

Verdict

Asch has an active team, and community, but lack of marketing to Western audiences. Their platform will reduce the skill threshold that developers need in order to deploy applications. Their sidechain-as-a-application (SaaA) mode will fix inflation complications that are encountered daily.

Upon the integration of XAS in upcoming and stable western markets, and website relaunch, XAS has the potential to be labeled as a top cryptocurrency that will bring innovation to blockchain technology.





More information regarding Asch Platform can be found on their website. Their team is actively updating social media outlets, such as Reddit, Twitter, and Facebook.







