The market is currently going through a period of relative stability, and this week’s projects are all engaged in a series of meet ups and blockchain forums that should result in an increased amount of attention for each of the selected projects, and provide the opportunity for significant announcements from their respective teams.

NEO (NEO)

NEO is often described as the Ethereum of China as it operates in a similar manner, and allows smart contracts to be delivered via its blockchain. The project also plays host to a number of projects which conducted ICOs on the platform and operate as NEP-5 tokens, and as participants of the NEO “Smart Economy”.

Why NEO?

The NEO token is currently subdued as concerns surround the project operating with just seven nodes, although a much more decentralized setup is currently being developed. There are a series of NEO-focused events scheduled this week that may result in some positive news. These include:

21 Oct- Blockchain Hackathon in Delft

22 Oct -East-West Crypto Bridge in Frankfurt

23 Oct -Meet up in Moscow

25 Oct -Meet up in Saint Petersburg

26 Oct -Meet up in Berlin

27 Oct -Blockchain Hackathon in Berlin

Ontology (ONT)

Ontology is a blockchain/distributed ledger network which combines identity verification, data exchange, data collaboration, and various procedure protocols, alongside industry-specific modules. The team behind the project intend to build a cross-industry and cross chain peer to-peer trust network infrastructure.

Why Ontology?

Ontology is one of the many projects participating at the 2018 Korea Blockchain Expo in Seoul, Korea that is taking place from Oct 23-24. The flagship event has drawn in support from some of the region’s leading projects and the Ontology team will be keen to showcase their platform.

ICON (ICX)

ICON is an interconnecting blockchain network that connects independent blockchains without the need for additional intermediaries and the ICON team provide unique blockchain solutions to banks, hospitals, and universities. The ICON platform represents the next generation of blockchain technology and aims to bring forth decentralized applications (DAPPs) that can be used swiftly and securely by a variety of institutions and communities.

Why ICON?

Icon is also participating at the 2018 Korea Blockchain Expo and will want to maintain a significant presence at an event that that is being supported by companies such as Deloitte, LG, and SK Telecom and native blockchain projects such as Hdac, in addition to the local government councils of Seoul, Busan, and Jeju Island. After recently announcing strengthened ties with the government of South Korea, the Icon team may choose the expo to make further significant announcements.

How Did Last Week's Coins Perform?

The week proved to be a mixed bag in terms of results as SUB grew by around 5% over the week and is currently trading at $0.11, while UTK fell by 2.5%, and is currently trading at $0.03. NAS struggled to maintain its recent uptrend over the week and dropped by 11% and is currently trading at $1.66.

The market recorded an overall uptrend as it opened up at a valuation of $200B on Monday, and an early surge saw the market grow in value which held over the week as the total cap sat at around $210B on Sunday.